Bitcoin curious Michael Dell sells $1.2B worth of Dell stock
Michael Dell, the seemingly Bitcoin-curious founder of his namesake tech firm, sold 10 million shares worth of his company for the second time in September. Go to Source
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Cantor Fitzgerald CEO: Bitcoin Is a Commodity, Should Be Treated Like Gold and Oil
Howard Lutnick, CEO of Cantor Fitzgerald, says bitcoin is a commodity. “When you truly understand bitcoin, it’s hard to see it any other way,” he said, adding that the crypto “should be treated like gold and like oil.” While stating that other digital assets may vary, he firmly maintained that BTC is a commodity. Howard … Read more
Bitcoin drops to $63K, fails to rebound after Fed hints at future interest rate cuts
Bitcoin surprised traders by opening the week in the red, and the Federal Reserve’s announcement about future rate cuts failed to reverse the downtrend. Go to Source
Coinbase to add proof of reserves to Bitcoin wrapper cbBTC
Adding proof of reserves will head off concerns about Coinbase’s perceived lack of transparency. Go to Source
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’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
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
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
Bitcoin price to $62K? Bearish div hints at a slow start to Uptober
Bitcoin open interest is testing a yearly high range of $35B while spot volumes remain skewed towards the sell side, indicating higher downside volatility. Go to Source
Polymarket Predicts 61% Chance of 2024 Bitcoin All-Time High, 17% for $100K
With bitcoin trading above $65K, crypto enthusiasts are anticipating big price moves in October. Many still believe BTC will exceed its all-time high before the year ends. On Polymarket, a blockchain-powered predictions platform, the odds currently show a 61% chance that bitcoin will top the record it set seven months ago. Polymarket Bettors: Bitcoin Record … Read more