Bitcoin Exchange Flow Multiple nears yearly low, signs of ‘upward trend’
The Bitcoin exchange-flow multiple value is now at a similar low point as when BTC price rallied around 46% in 2023. Go to Source
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Bitcoin investment product inflows top $1B as BTC rallied to $66K — CoinShares report
Investors piled into Bitcoin investment funds and crypto ETPs, with more than $1 billion in inflows over the last week. Go to Source
Bitcoin Technical Analysis: Bearish Momentum Meets Critical Support
Bitcoin’s price has entered a critical juncture, with the leading crypto asset showing signs of consolidation after a sharp sell-off from its high of $66,000. On September 30, 2024, the price stabilized around $63,682, supported by mixed technical indicators across various timeframes. The potential for both short-term rebounds and further declines currently creates an uncertain … Read more
Bitcoin’s Surge Above $66K: Will Whale Activity Spark A Sell-Off?
Bitcoin’s recent rally has pushed its market value past $66,000, igniting excitement among traders. However, while Bitcoin is grabbing headlines, it’s actually the altcoins that are seeing the biggest gains this week. A major factor behind this is the redistribution of profits from Bitcoin’s steady rise over the past three weeks. As the market sentiment … Read more
New all-time high in ‘Uptober?’ 5 Things to know in Bitcoin this week
Bitcoin traders’ BTC price bets stay firmly bullish as volatility slides back into the September monthly close. Go to Source
Bitcoin maximalist paradox: BTC adoption threatening founding principles
As Bitcoin becomes more institutionalized, some argue that it is losing ties to its founding principles of decentralization. Go to Source
Bitcoin bull run unlikely as long as social sentiment runs too hot — Santiment
Santiment says there’s nearly double the amount of bullish posts to bearish ones on social media. Go to Source
Dutch Regulator Warns of Crypto Pump-and-Dump, New Regulation to Ban These Schemes
The Dutch Authority for the Financial Markets (AFM) has issued a warning about the dangers of pump-and-dump schemes in the cryptocurrency space, as new regulations prepare to target this market manipulation tactic. The upcoming Markets in Crypto-Assets Regulation (MiCAR), effective from Dec. 30 will ban these practices. AFM Sounds Alarm on Crypto Pump-and-Dump Schemes The … Read more
Coinbase Sees Strong Q4 for Bitcoin, Fueled by US Rate Cuts, China Stimulus
Coinbase Institutional’s report highlights optimism for the crypto market, driven by expectations of U.S. rate cuts and China’s monetary stimulus, which could boost bitcoin’s performance in Q4 2024. While bitcoin remains strong, ethereum faces challenges with rising transaction fees and limited impact from U.S. spot exchange-traded funds (ETFs). Coinbase: ‘We Anticipate a Constructive Q4 2024’ … Read more
3 signs that Bitcoin price is not ready to make a new all-time high
China-focused stablecoin data, retail investor participation and skeptical BTC derivatives markets are all signs that Bitcoin price is not primed for a new all-time high. Go to Source