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A researcher from 21shares has offered an analysis of how bitcoin’s price could respond to the U.S. jobs report. The analyst indicates that BTC prices could increase if the Federal Reserve reduces interest rates. These rate cuts, which are likely tied to labor market trends, could lower borrowing costs, potentially boosting the cryptocurrency market. Bitcoin’s … Read more
Standard Chartered has cautioned that bitcoin could drop below $60,000 due to rising geopolitical tensions in the Middle East. While the bank sees this as a buying opportunity, it also highlights the unique relationship between BTC’s price and the U.S. presidential race. Former President Donald Trump’s improving odds could enhance bitcoin’s long-term outlook, but a … Read more
The late cryptographer and privacy advocate is in the spotlight because bettors on Polymarket think he may be identified as Satoshi Nakamoto. Go to Source
At press time, the crypto economy is cruising at $2.14 trillion, following a modest uptick Friday morning. There are 88 days left in the year, 32 days until the 2024 U.S. Election Day, and 34 days until the Federal Reserve’s next meeting. With numerous developments, including rising tensions in the Middle East, a variety of … Read more
According to CryptoQuant, the current Bitcoin network difficulty is 88.4 trillion — down from the 92 trillion recorded on Sept. 20, 2024. Go to Source
If Bitcoin sustains its rebound above $60,000, investor sentiment is likely to improve and attract buyers to altcoins. Go to Source
Data shows that bitcoin and ethereum exchange-traded funds (ETFs) have made quite an impact this year in the world of traditional finance. According to Nate Geraci, co-founder of the ETF Institute, out of 525 funds launched in 2024, a total of 13 out of the top 24 best-performing ETFs are related to bitcoin and ether. … Read more
It may be too early to judge Bitcoin’s performance for the rest of October as investors are “largely reactionary to macro events,” says a crypto analyst. Go to Source
After the announcement that Satoshi Nakamoto’s true identity could be unmasked next week in an HBO documentary, Polymarket bettors are buzzing with excitement, speculating who it might be. On Friday, with $190,533 wagered, Len Sassaman emerged as the frontrunner, holding a 49% likelihood. Len Sassaman Leads Polymarket Bets Ahead of HBO’s Bitcoin Mystery Documentary HBO’s … Read more
Unspent transaction outputs create a long history that is tracked by onchain analysts, blockchain heuristic companies, and law enforcement. Go to Source