Bitcoin (BTC) broke its all-time high price level following the launch of ProShares’ Bitcoin Strategy exchange-traded fund (ETF), BITO, on Tuesday, but JPMorgan Chase strategists believe the key driver behind the price jump is investor concern over inflation. The BITO launch, which saw the highest-ever first-day natural volume for an ETF, is “unlikely to trigger …
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Bitcoin (BTC) passed $66,000 again on Oct. 21 after fresh macro turbulence sparked a retest of previous all-time highs. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Evergrande fails to hold Bitcoin bulls back Data from Cointelegraph Markets Pro and TradingView showed BTC/USD recovering from a dip to $64,000 overnight. The move had come in step …
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Widely followed crypto analyst Justin Bennett thinks Ethereum (ETH) is gearing up for another major rally that could launch the crypto asset by nearly 400%. In a series of tweets, Bennett explains how Ethereum could rally to $20,000 by January 2022 if Bitcoin (BTC) allows for the right market conditions. ADVERTISEMENT “If $BTC breaks …
HodlX Guest Post Submit Your Post Technology has radically changed the sports industry, helping it grow into a federated, multimillion-dollar industry in a little more than 100 years. This change includes several improvements in different aspects of every discipline, starting with apparel and clothing, to measuring systems and monetizing sports. Let’s explore the relationship between …
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As Bitcoin (BTC) marked a new all-time high above $67,000, PayPal co-founder and billionaire venture capitalist Peter Thiel said he should have bought more Bitcoin. Thiel spoke of cryptocurrencies, central banks and artificial intelligence (AI) during an interview in Miami hosted by policy think tank Lincoln Network, Bloomberg reported Oct. 20. “You’re supposed to just …
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American multinational entertainment giant AMC is getting very excited about blockchain and the company’s chief executive is publicly mulling the issuance of its own cryptocurrency. During an interview with CNBC on Oct. 20, AMC chief executive Adam Aron discussed the firm’s crypto ambitions. There were no solid details but the company boss did make some …
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Playboy to release tokenized bunnies into the wild PLBY Group, Inc, the owners of the raunchy lifestyle magazine Playboy unveiled a new NFT project consisting of 11,953 unique 3D animated bunny avatars. According to an Oct. 20 announcement, the number of NFTs pays homage to Playboy’s founding year of 1953 and the tokens will serve …
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PleasrDAO has revealed itself to be the new owners of Wu-Tang Clan’s one-of-a-kind, unreleased album ‘Once Upon a Time in Shaolin’. The 74 members of the Decentralized Autonomous Organization (DAO) now share collective ownership of the album. The group purchased the sole copy of the album from the US federal government for $4 million at …
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Since the ProShares Bitcoin Strategy ETF started trading this week, it has become the fastest fund ever to reach $1 billion in assets under management (AUM). The highly anticipated launch of the first Bitcoin futures exchange-traded fund in the United States, BITO, has resulted in a number of milestone achievements. Bloomberg senior ETF analyst Eric …
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Taproot is the first change to Bitcoin since 2017. It will introduce Schnorr signatures, Merkelized Alternative Script Trees (MAST) and a reformed scripting language known as Tapscript. Collectively, these upgrades will make the Bitcoin codebase simpler and unlock a number of new capabilities. Taproot enables key aggregation: complex multi-sig transactions will now look like uni-sig …
NFT-game and virtual property developer Animoca Brands has doubled its valuation to $2.2 billion after closing a new funding round that fetched $65 million. The latest funding round was conducted at a pre-money valuation of $2.2 billion, and included backing from gaming giants Ubisoft Entertainment along with Liberty City Ventures, Sequoia China, Dragonfly Capital to …
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Starting today, Bounce (AUCTION) is available on Coinbase.com and in the Coinbase Android and iOS apps. Coinbase customers can now trade, send, receive, or store AUCTION in most Coinbase-supported regions, with certain exceptions indicated in each asset page here. Trading for these assets is also supported on Coinbase Pro. Bounce (AUCTION) is an Ethereum token that …
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Starting Today, Wednesday October 20, transfer ASM into your Coinbase Pro account ahead of trading. Support for ASM will generally be available in Coinbase’s supported jurisdictions with certain exceptions as indicated in each asset page is an Ethereum token that powers Assemble, a platform where users and merchants can aggregate, manage, and spend reward points. …
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Bitcoin has regained dominance over the market in recent times. The digital asset has seen price recover towards previous highs, with less than 1% left for it to surpass its previous all-time high. This has so far renewed faith in the asset and the market and has seen sentiment move into the positive in the …
Continue reading “Bitcoin Leads Charge Of Large Cap Altcoin Dominance In October”
Bulls are in control as Bitcoin and the crypto market break every all-time high, coming into the top 10 is Terra’s native cryptocurrency LUNA with a 12.9% rally in the daily chart. Trading north of $40, at press time, this cryptocurrency has outperformed BTC and major altcoins in lower timeframes. LUNA on a rally in …
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