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Price analysis 10/7: SPX, DXY, BTC, ETH, BNB, SOL, XRP, DOGE, TON, ADA
7.10.2024
Bitcoin price opened the week with a bang as altcoins and stocks turned green, but $65,000 to $66,500 remains a tall hurdle for BTC to overcome
Kalshi US election betting live after court win
7.10.2024
Betting on US political outcomes is permitted for the first time weeks ahead of the November presidential election
SPX Tops the Charts This Week Jumping 193%, CVC and FTT Also See Gains
7.10.2024
According to recent data, bitcoin and ethereum have experienced modest improvements in the last 24 hours, but both have dropped against the U.S. dollar over the week, with losses ranging from 0.8% to 5.5%. However, several other crypto assets saw impressive gains, with spx6900 (SPX) stealing...
Bitget Token Tumbles 52% on 'Market Sluggishness,' Exchange Says, While Promising Compensation
7.10.2024
Crypto exchange Bitget promised to compensate holders of its native Bitget Token (BGB) for losses suffered during a slump of as much as 52% on Monday
Ethereum Technical Analysis: Oscillators and Moving Averages Hint at Bearish Trend
7.10.2024
As of Oct. 7, 2024, ethereum is trading between $2,467 and $2,473, with its market capitalization standing at $297 billion. Over the past 24 hours, its price has moved within a range of $2,416 to $2,510, accompanied by a trading volume of $12.87 billion. The 1-hour, 4-hour, and daily charts...
Memecoin Moodeng on Ethereum Jumps 480% After Vitalik Buterin's Mention and Donation Sales
7.10.2024
Memecoin teams regularly send Buterin a small portion of their supply as a marketing gimmick. He usually just sells it all for donations
Crypto adoption on track to hit 8% by 2025: Report
7.10.2024
Institutional interest and economic uncertainty are driving forces behind the accelerated global adoption of cryptocurrencies, according to a report from MatrixPort
Prediction markets like Polymarket a ‘public good,’ more accurate than polls
7.10.2024
While some say that prediction markets are a risk to democracy, others think they could serve the public by offering valuable insights and risk management tools
First Mover Americas: Bitcoin Tests $64K Ahead of Busy U.S. Economic Data Week
7.10.2024
The latest price moves in bitcoin (BTC) and crypto markets in context for Oct. 7, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets
Trump Leads Harris on Polymarket After Musk Endorsement, but Trails in This Key State
7.10.2024
Elon Musk says that prediction markets are more accurate than polls
Len Sassaman Gets the Memecoin Treatment Ahead of HBO Bitcoin Creator Documentary
7.10.2024
Polymarket bettors and the broader crypto community widely consider cryptographer Sassaman to be “revealed” as Bitcoin’s creator in an anticipated HBO documentary
Bitcoin, Asian Equities May Be Losing Capital to China Stocks
7.10.2024
Even with a 3-5% cost to convert [stablecoin] USDT into equities, the potential upside of 50-70% in China's stocks makes this a strategic move, one observer said
Bitcoin Nears $64K, “Memecoin Supercycle” Trends as MOG, POPCAT Surge
7.10.2024
Memecoins have been one of the best-performing crypto sectors in the past year, buoyed by vibrant social communities and attention in the market
G7 antitrust watchdogs signal possible action on AI sector competition
7.10.2024
The G7 nations want to ensure AI isn’t used to facilitate "collusion” between AI firms that could lead to the sharing of sensitive information or forming a monopoly
Bitcoin’s rise above $62,000 could pull APT, WIF, FTM, and BGB higher
6.10.2024
Bitcoin’s recovery above $62,000 is having a positive impact on altcoins, boosting prospects of a rally in APT, WIF, FTM and BGB
This Week’s NFT Sales See 10% Growth After Difficult September
5.10.2024
Following a slow period for non-fungible token (NFT) sales in September, the past week has shown a 10.07% rise in revenue compared to the previous week. According to data from cryptoslam.io, the total NFT sales reached $85.8 million, with Ethereum contributing $27.75 million. NFT Market Sees $85.8M...
Bitcoin Gains Expected as US Jobs Data Drives Fed Rate Cuts, Analyst Says
5.10.2024
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...
Standard Chartered Sees Buying Opportunity as Bitcoin Nears $60K Dip
5.10.2024
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...
SUI charts 115% monthly gain as its ecosystem memecoins rally after USDC integration
4.10.2024
SUI gained 115% in a month after integrating USDC into its blockchain, which resulted in a parabolic surge in user and network activity
BTC’s Future in Focus: 4 Key Factors That Could Drive or Stall Its 2024 Rally
4.10.2024
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...