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Bitcoin Technical Analysis: BTC Consolidates, Signaling Potential Breakout
23.9.2024
Bitcoin is currently trading at $63,554, following a fluctuating 24-hour range between $62,479 and $64,687. Key technical indicators show mixed signals, with consolidation after recent resistance at $64,730. Traders are watching closely for potential entry points as market indecision sets in across...
Bitcoin Emerges as a ‘Unique Diversifier,’ Says Blackrock’s Latest Report
18.9.2024
In a recent report, Blackrock, the largest digital asset manager, explores bitcoin’s role as a unique investment diversifier, highlighting its distinct risk and return factors compared to traditional assets. The financial institution’s report also discusses bitcoin’s growing...
11 AI Chatbots Take on Gold and Silver Price Predictions for 2024
16.9.2024
Every once in a while, we like to shake things up by running a playful experiment with a variety of artificial intelligence (AI) chatbots to forecast the future prices of bitcoin, ethereum, gold, and even the 2024 election outcomes. Three months back, we put eight different chatbots to the test...
Bitcoin Technical Analysis: Mixed Signals Keep BTC Below $60K, Short-Term Rebound Possible
16.9.2024
As of Sept. 16, 2024, bitcoin traded at $58,578, within a 24-hour range of $58,231 to $60,366. The leading crypto asset saw a daily trade volume of $26.95 billion, with a market cap of $1.15 trillion. Despite this high liquidity, bitcoin is struggling to break key resistance levels, as technical...
NFT Sales Drop 7.91% as Buyers and Sellers Pull Back Sharply
14.9.2024
Over the past seven days, non-fungible token (NFT) sales have dipped once again, sliding 7.91% compared to the previous week. The number of NFT buyers has taken a notable hit, plummeting 73.46%, and sellers are following suit, down 61.18% from last week. NFT Sales Total $74.86M in a Week Marked...
SOL Stalls at $137 Weekly High Amid Bearish Trends; Is a Breakout Next?
13.9.2024
The Solana (SOL) token has seen considerable volatility throughout the past week, with its prices undergoing dramatic fluctuations.…
Polymarket’s Traffic and Trading Volume Soar, $137.3M in September’s First 9 Days
9.9.2024
In just over a week, the blockchain-powered prediction market platform Polymarket has generated an impressive $137.3 million in trading volume, already outpacing the total volume recorded during June and all prior months this year. Last Friday, Polymarket reached its highest daily trading volume...
Bitcoin Technical Analysis: Path to $58K Blocked by Heavy Resistance at $56,000
9.9.2024
On September 9, 2024, bitcoin is trading for $55,321, rebounding from recent lows but facing strong resistance around the $56,000 mark. Oscillators and moving averages present a mixed picture, with signals split between sell and buy actions. Bitcoin Bitcoin’s price saw a short-term recovery...
Bitcoin ETFs record combined $1.2B in outflows in 8 days
9.9.2024
Despite the outflows, crypto ETFs outshined the over 400 new ETFs in 2024, with the four biggest launches being spot Bitcoin ETFs
Bitcoin ETFs need time to be ‘instrument of adoption’ — Bianco Research CEO
9.9.2024
Bianco Research CEO Jim Bianco says the next Bitcoin halving in 2028 and significant development of on-chain tools are needed for wider ETF adoption
Bitcoin ETFs need time to be ‘instrument of adoption’ — Bianco Research CEO
9.9.2024
Bianco Research CEO Jim Bianco says the next Bitcoin halving in 2028 and significant development of onchain tools are needed for wider ETF adoption
Fed Report Explores How Crypto Price Changes Affect Ownership
8.9.2024
A report by the Federal Reserve Bank of Philadelphia’s Consumer Finance Institute found that cryptocurrency ownership declined during market downturns, despite price increases in bitcoin. Data from multiple surveys showed that crypto interest and ownership did not rise, even as prices surged....
NFT Sales Slip 7.69% in Early September as Digital Collectible Market Adjusts
7.9.2024
After a dip in August, the first week of September didn’t bring much sunshine to the world of non-fungible tokens (NFTs). Sales slid by 7.69% over the seven-day period. The total number of NFT transactions was just over 1 million, which is a notable 36.93% drop from the previous week....
Bullish or Bearish? What’s Next for Bitcoin Amid Mixed Market Sentiment
5.9.2024
On Sept. 5, 2024, bitcoin held steady, floating just above the $56K mark, sparking ongoing debates about its market direction. Some speculate that bitcoin might be entering a bearish phase, while others still see potential for a bullish breakout. Cryptoquant’s head of research, Julio Moreno...
The Internet Reacts To The Minecraft Movie’s Divisive Teaser Trailer
5.9.2024
The first official trailer for the live-action Minecraft movie—which is annoyingly titled A Minecraft Movie—has finally been released. On September 4, Warner Bros. posted what it called a teaser for the movie to social media and the film distributor’s YouTube channel. Starring Jack Black and Jason...
Sorry, The Minecraft Movie Isn't Meant To Be For You
5.9.2024
As the Minecraft movie trailer broke yesterday afternoon, the internet was immediately abuzz with cynicism and disappointment, as adults across the world simultaneously expressed one thought: “Who is this film even for?” What almost every single one of them forgot is that they’re...
Altcoin Season Chatter Heats up on X, While Index Indicates It’s Still Far Off
3.9.2024
Just ten days ago, Bitcoin.com News highlighted blockchaincenter.net’s Altcoin Season Index (ASI), which was sitting at a modest 22 out of 100. Fast forward to Sept. 3, 2024, and despite all the buzz about the elusive “altcoin season,” the ASI has dipped slightly, now standing...
2024 Report Finds 96% of NFTs Declared ‘Dead’ Amid Market Instability
3.9.2024
A recent report by nftevening.com reveals a troubling state of the non-fungible token (NFT) market, with 96% of NFTs now considered “dead.” The analysis highlights the high unprofitability rate among holders and the fleeting lifespan of most NFTs. NFT Sector Faces Uncertain Path as 2024...
Looser Fed policy, global macro trends point to bullish outlook for Bitcoin — Analysts
2.9.2024
Bitcoin may be decoupling from concerns about a US recession and aligning more closely with the US dollar's performance and signs of easing monetary policy, according to ETC Group.
Google Trends Data Reveals Cooling Interest in Bitcoin Amid Market Uncertainty
2.9.2024
As bitcoin prices slipped under $60,000 in early September, the once-electric excitement around bitcoin seems to have dimmed, as reflected in Google Trends data. Back on Jan. 1, 2024, the search term “bitcoin” was coasting along with a score of 57 out of 100, but fast forward to...