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New investors could be what Bitcoin needs for the next major breakout
New short-term investors could be the next market’s catalyst for Bitcoin’s anticipated breakout. Data from CryptoQuant shows that UTXOs under 6 months have stopped declining and are now in a parallel line, with only about 8% of investors out of the money. Historical data indicates that Bitcoin rallies significantly once the UTXOs under 6 months stop dropping.
Cryptopolitan
Thu, Oct 24
Crypto Game-Changer: Denmark To Introduce 1st Ever Unrealized Gains Tax
Benjamin Franklin, a well-known American statesman, said: “Nothing is certain in this world except death and taxes.” It’s a remark that might now hold true to crypto, as Denm
Bitcoinist
Thu, Oct 24
Goatseus Maximus (GOAT) Enters Crypto’s Top-100: Time To Buy Or Sell?
Goatseus Maximus (GOAT) has surged into the top 100 cryptocurrencies by market capitalization, currently holding the #81 position. The memecoin has experienced a remarkable 27% inc
NewsBTC
Thu, Oct 24
Pennsylvania House Passes ‘Bitcoin Rights’ Bill With Bipartisan Support
The Pennsylvania House of Representatives has made a significant move in the cryptocurrency regulation landscape in the US by passing the ‘Bitcoin Rights’ bill with “ov
Bitcoinist
Thu, Oct 24
Putin says Russia is open to mending relations with America, but only if Trump wins
Russia’s president Vladimir Putin is open to fixing ties with America—under one condition. Donald Trump has to win the 2024 US presidential election. During a press conference at his BRICS summit, Putin bluntly said there’s no hope for better relations with the Biden administration. The war in Ukraine, the US’s support for Kyiv, and the […]
Cryptopolitan
Thu, Oct 24
Ethereum Price At $10,000: Symmetrical Triangle Breakout Predicts Big Gains
The Ethereum price is signaling a potential breakout based on recent price movements. According to Trader Tardigrade, a crypto analyst on X (formerly Twitter), Ethereum could see i
NewsBTC
Thu, Oct 24
BingX fully restores its services after the hot wallet incident, ramping up security with ShieldX
BingX announced on October 24 that all its services had returned to full scale after the hot wallet incident on September 20. The centralized exchange also introduced a new upgraded firewall for its wallet, ShieldX, to increase user fund security and create a better defense against outside attacks.
Cryptopolitan
Thu, Oct 24
Shiba Inu Team Introduces New SHIB Burning Method Via Shibarium
The WoofSwap team, operating the decentralized exchange (DEX) on the Shibarium network, has unveiled a novel Shiba Inu token-burning mechanism through the introduction of a new tok
Bitcoinist
Thu, Oct 24
Kraken unveils Ethereum Layer-2 network Ink, with public launch set for 2025
US-based crypto exchange Kraken has launched its own blockchain network, Ink. According to the official announcement, the network, which would be an Ethereum Layer-2 network, would be built using Optimism OP Stack and open to the public by 2025. With the move, Kraken joins other crypto exchanges that have launched their blockchain networks for decentralized […]
Cryptopolitan
Thu, Oct 24
No new countries will join BRICS – Putin says that’s enough as Saudi officially declines at summit
BRICS has decided it’s not letting any new countries join as full members this year. Speaking at the summit he’s hosting in Kazan, President Vlad Putin, made it clear that the current roster of nine full members is enough, at least for now. What’s surprising? Saudi Arabia, despite all the hype and an earlier invitation, […]
Cryptopolitan
Thu, Oct 24
Putin is ready to discuss ending Ukraine war, welcomes Trump’s statement
By the end of the BRICS summit, Putin has welcomed Trump over discussions that seek to end war in Ukraine. On Thursday, 24th October at the BRICS summit, Putin acknowledged the “sincere” comments by Donald Trump, the Republican candidate. He said while addressing the reporters that Trump “spoke about his desire to do everything to […]
Cryptopolitan
Thu, Oct 24
Trump-supporting whale who spent millions on Polymarket revealed as a French national
Polymarket, a prediction platform that uses cryptocurrency for betting recent investigation revealed the whale who spent $45 million in support of Donald Trump. Although the trader is a French national. According to a Bloomberg report, Polymarket revealed that the person owned four major accounts. Furthermore, the company spokesperson stated on Thursday that the person behind […]
Cryptopolitan
Thu, Oct 24
ZachXBT: The masked detective unmasking crypto criminals
ZachXBT doesn’t operate in the shadows; he is the shadow. The self-taught, anonymous crypto investigator has spent the last three years tracking down scammers, hackers, and criminals in the industry. From industry elites, to celebrities and influencers, no one’s too big for Zach to strike. No one knows his real name, where he lives, or […]
Cryptopolitan
Thu, Oct 24
Retail Surge Sparks Bearish Outlook As Bitcoin Dominance Declines
The cryptocurrency market’s recent dominance by Bitcoin has decreased below 50%, indicating a potential adverse trend as retail activity increases. This change prompts inquir
NewsBTC
Thu, Oct 24
Dogecoin Price Set To Break Out Of Long-Term Consolidation For 800% Gains, DOGE Rival Eyes 19,820% In 3 Months
The Dogecoin price is on the rise. The meme-inspired cryptocurrency has been a hot topic as its price has increased, and massive trading volumes have begun attracting many new cryp
Bitcoinist
Thu, Oct 24
CEO Brad Garlinghouse Says Ripple Made A Mistake With The SEC, Here’s Why
In a recent interview, Ripple CEO Brad Garlinghouse admitted that the payments technology company should have done better with its relations with regulators in the United States in
Bitcoinist
Thu, Oct 24
White House pushes adoption of AI in agencies for military intelligence purpose
The White House, currently under the Biden administration is pushing the US military including intelligence groups to make use of AI models. The emphasis lies on staying ahead of the competitor China, following the recent national security memorandum. According to a Bloomberg report, the directive by National Security Advisor Jake Sullivan focuses on the crucial […]
Cryptopolitan
Thu, Oct 24
Crypto Today: Bitcoin, Ethereum and XRP note slight increase on Thursday
BOME ranks among the top cryptocurrencies that yielded relatively high gains for holders in the past 24 hours.
Bitcoin
Ethereum
XRP
Fxstreet
Thu, Oct 24
Britain announces major change to fiscal rules to free up billions in spending
On Thursday, UK Finance Minister Rachel Reeves admitted her intentions to change Britain's fiscal rules in the October budget. She plans to free billions of pounds for investments.
Cryptopolitan
Thu, Oct 24
Will Norway Go Digital? Central Bank To Decide On CBDC Next Year
Next year, Norges Bank, Norway’s Central Bank, is going to make a major decision regarding the potential of establishing its own CBDC, or central bank digital currency. Accor
Bitcoinist
Thu, Oct 24
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