Bitcoin price target is $120K, says analyst as key metric flips bullish
The latest market analysis suggests that if Bitcoin’s MVRV ratio continues to increase, BTC price could be in the six-figure range by 2025. Go to Source
US Election
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Ignoring blockchain may cost politicians at the polls — Digital Chamber CEO
As US elections approach, crypto advocates warn that opposing blockchain could be as shortsighted as resisting the internet in the 90s, potentially costing politicians key support. Go to Source
BlackRock’s IBIT investors throw $329M into ETF as Bitcoin dips 3%
BlackRock’s Bitcoin fund carried over to the rest of the United States spot Bitcoin ETFs, which recorded a net inflow of $294 million on Oct. 21. Go to Source
Coinbase: Crypto Voters Can Be Decisive in Swing States
Coinbase’s research has determined that crypto, as a key topic, might be a factor capable of swaying the next election results. According to data posted on social media, swing states have a significant number of crypto voters who, depending on their views, could tip the balance in favor of Democratic candidate Kamala Harris or Republican … Read more
Better Know a Crypto Candidate: Robert Hyde
As part of its 2024 US election coverage, Cointelegraph spoke to various congressional candidates to gather their views on cryptocurrency and blockchain technology. Go to Source
Bitcoin $73.7K breakout ‘imminent,’ selloff intensity ‘might vary’ — Analyst
A Bitget analyst predicts that Bitcoin’s “imminent” price breakout will come with “occasional cool-offs” unless there’s stronger confidence in a “pro-Bitcoin” president taking office. Go to Source
‘Silly’ to shade Ethereum, the ‘Microsoft of blockchains’ — Bitwise exec
Ethereum is still home to the most active crypto developers and is the most attractive chain to build applications on top of for big companies, argues Bitwise’s Matt Hougan. Go to Source
Crypto execs plan to raise $100K for Harris at fundraiser: Report
A group of crypto industry players wants to sway Kamala Harris to soften on crypto as she maintains a slight lead in national polling over Donald Trump. Go to Source
US senators urge CFTC to finalize ban on election betting
It comes as decentralized prediction platform Polymarket has gathered more than $500 million in bets on who will likely win the 2024 United States presidential election. Go to Source
Joe Biden’s withdrawal wiped $67M in long positions in 30 minutes
US President Joe Biden’s withdrawal from the 2024 presidential race led to a sharp crypto dip followed by a near-immediate correction, leading to huge liquidations. Go to Source
