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“# Bitcoin sees its highest ever daily close as BTC-Euro pair hits all-time highs ” Bitcoin (BTC) failed to beat its all-time highs on Oct. 20 — but a separate record kept bulls confident of a breakout. BTC/USD 1-day candle chart (Bitstamp). Source: TradingView Bitcoin hits new all-time high against euro Data from Cointelegraph Markets…
“# SEC Chair Gary Gensler responds to concerns about first Bitcoin-linked ETF ” SEC Chair Gary Gensler and Proshares CEO Simeon Hyman discussed the launch of the first Bitcoin-linked ETF in a CNBC breaking news segment on Tuesday. Proshares Bitcoin Strategy ETF, also known as BITO, is based on CME Bitcoin futures contracts. CNBC commentator…
“# Billionaire investor Carl Icahn thinks Bitcoin may be the best hedge for inflation ” Billionaire investor Carl Icahn warned Tuesday that the next market crisis may be on the horizon, and Bitcoin could be the best hedge against inflation. With the United States government continuing to stimulate the economy, Icahn stated that he fears…
“# Bottom-buying traders and new governance features back KeeperDAO’s 118% rally ” The rapidly evolving realm of decentralized finance (DeFi) has brought a new level of utility and value to the cryptocurrency ecosystem in 2021 but has also provided nefarious actors with numerous exploits in siphoning profits and tokens away from unsuspecting investors. In the…
“# Cardano price paints ‘death cross’ with ADA at two-month lows vs. Bitcoin ” Cardano (ADA) has formed a deadly “death cross” on its daily chart against Bitcoin (BTC) — a market signal that’s generally seen as a warning of more downside in the near term. The ominously-titled indicator kicks in when an asset’s short-term…
“# 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…
“# All-time highs next? Bitcoin holds $62K as the Dollar index tumbles to 3-week lows ” The U.S. dollar index (DXY) could continue its slide in Q4, according to a classic technical setup known as Rising Wedge. The greenback’s bearish prospects may boost Bitcoin’s (BTC) price to new all-time highs as BTC holds above $62,000….
“# 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…
“# Arbitrage bot’s spam attack on the Polygon network generated $6,800 per day ” The growth of layer-two protocols has been one of the major stories of 2021 as the rising popularity of decentralized finance (DeFi) and nonfungible tokens (NFT) have driven transaction costs higher on the Ethereum (ETH) network effectively pricing out many participants. …