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“# Fintech panel forecasts $80K BTC price top this year — Finder poll ” A favorable macro environment, strong on-chain fundamentals and the approval of new futures-based exchange-traded funds (ETFs) in the United States are set to launch Bitcoin (BTC) to new all-time highs this quarter, according to a survey of fintech industry specialists commissioned…
“# Crypto market cap breaks $2.5T — is this the season for ETFs? ” The total cryptocurrency market capitalization broke $2.5 trillion as the U.S. Securities and Exchange Commission seems to be open to approving additional crypto futures-linked exchange-traded funds. According to data from Cointelegraph Markets Pro, the value of all cryptocurrencies has more than…
“# Buy the rumor… buy the news? BTC price passes $63K as US Bitcoin ETF launches ” Bitcoin (BTC) hit $63,000 on Oct. 19 as the debut of the first regulated Bitcoin exchange-traded fund (ETF) saw solid uptake. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView ETF launch sparks six-month BTC highs Data from Cointelegraph Markets…
“# BTC price is up 50% since China ‘selflessly’ banned Bitcoin mining ” It’s been 150 days since China banned Bitcoin (BTC) mining — and BTC price action has only benefited as a result. Five months ago, China caused a considerable but not unsurprising stir by doubling down on its hostile environment policy toward cryptocurrency….
“# ‘All bears will die’ — Bitcoin metric prepares to flip green for the first time in 6 months ” A “favorite” Bitcoin (BTC) price signal could be about to turn bullish — and upside has always resulted, data shows. As noted by podcast host Preston Pysh on Oct. 18, the Long-Term & Short-Term Holder…
“# Here’s why analysts are saying ‘No FOMO’ ahead of Bitcoin’s ETF launch ” The day the crypto traders have long-awaited is almost here. At the opening bell on Oct. 19, a ProShares futures-based BTC ETF is scheduled to launch and analysts are predicting that additional ETFs will rollout over the coming week. Data from…
“# Price analysis 10/18: BTC, ETH, BNB, ADA, XRP, SOL, DOT, DOGE, LUNA, UNI ” ProShares Bitcoin Strategy ETF will enter the history books on Oct. 19 when it starts trading on the New York Stock Exchange under the ticker BITO. Market participants are likely to watch the volumes on the ETF closely to gauge the…
“# Bitcoin RSI strength suggests BTC price is still far from its cycle top ” Bitcoin (BTC) has barely started its run to new all-time highs if its relative strength index (RSI) repeats historical behavior. As noted by popular Twitter analyst TechDev on Oct. 18, RSI has yet to produce macro top signals for BTC/USD….
“# This Ethereum price chart pattern suggests ETH can reach $6.5K in Q4 ” Ethereum’s native token Ether (ETH) has rallied by more than 415% this year to over $3,800, and two major bullish patterns developing on its charts highlight the scope for another upside move, ultimately toward the $6,200–$6,500 price range. ETH price eyes…
“# Institutional managers hold a record $72.3B of crypto — CoinShares ” Institutional inflows into cryptocurrency products rose last week, as investment managers increased their exposure to Bitcoin (BTC) and leading altcoins, according to the latest CoinShares report. Total assets held by institutional managers reached $72.3 billion for the week ending Oct. 17, the highest…