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Bitcoin Profit-Taking Continues as BTC Price Nears High With Bhutan Moving Some Holdings to Binance
30/10/2024

Bitcoin Profit-Taking Continues as BTC Price Nears High With Bhutan Moving Some Holdings to Binance

As more holders move into profit and look to lock in gains, their market activity may slow the climb toward the record, CoinDesk research noted earlier this month. Since Oct. 17, when the research was published, profit-taking has not abated, but it still seems as though a new all-time high is on the...

Riot stocks poised for a comeback ahead of Oct. 30 earnings release
30/10/2024

Riot stocks poised for a comeback ahead of Oct. 30 earnings release

Bitcoin mining company Riot stocks are predicted to make a comeback after experiencing a 28.96% decline in year-to-date. Its shares are on an upward trend in anticipation of the company’s Q3 2024 earnings report on Oct. 30. According to data from Trading View, Riot’s stocks are on the rise at ne...

Florida CFO wants state pension fund to invest in Bitcoin
30/10/2024

Florida CFO wants state pension fund to invest in Bitcoin

Florida chief financial officer, Jimmy Patronis, is requesting the State Board of Administration to consider including Bitcoin in Florida’s state pension funds. On Oct. 29, Patronis sent a letter addressed to Florida State Board of Administration executive director, Chris Spencer, asking the agenc...

Major Hong Kong Exchange Group to Launch Virtual Asset Index Series
30/10/2024

Major Hong Kong Exchange Group to Launch Virtual Asset Index Series

HKEX, a major global exchange group, is launching a new index series for Bitcoin and Ethereum to provide a transparent and reliable benchmark for pricing these cryptocurrencies in the Asian time zone. The index series adheres to EU regulations and aims to foster a dynamic virtual asset ecosystem in....

Bitcoin miner Northern Data cleared as ex-employees withdraw whistleblower claims
30/10/2024

Bitcoin miner Northern Data cleared as ex-employees withdraw whistleblower claims

A lawsuit against Bitcoin miner Northern Data was dismissed after ex-employees retracted key allegations, acknowledging potential misstatements in their claims. Bitcoin (BTC) miner Northern Data saw a lawsuit from two former executives dismissed after they retracted allegations of wrongful terminati...

PEPE becomes first meme coin to officially enter Japan’s market
30/10/2024

PEPE becomes first meme coin to officially enter Japan’s market

Pepe has become the first meme coin to be officially listed on a Japanese cryptocurrency exchange. According to a report by CryptoX Japan, BITPoint Japan, a centralized crypto exchange launched in 2016 and licensed by the country’s Financial Services Agency, listed Pepe (PEPE) today. BITPoint will...

POPCAT Reaches New Record Price Of $1.75
30/10/2024

POPCAT Reaches New Record Price Of $1.75

Ronaldo is an experienced crypto enthusiast dedicated to the nascent and ever-evolving industry. With over five years of extensive research and unwavering dedication, he has cultivated a profound interest in the world of cryptocurrencies. Ronaldo’s journey began with a spark of curiosity, which so...

Spot Bitcoin ETFs recorded 5-month high inflows of $870m
30/10/2024

Spot Bitcoin ETFs recorded 5-month high inflows of $870m

The U.S.-based spot Bitcoin exchange-traded funds have been running wild over the past three weeks, acting as a major catalyst for the market-wide bullish momentum. According to data provided by Farside Investors, spot Bitcoin (BTC) ETFs in the U.S. recorded $870.1 million in net inflows on Oct. 29....

UAE and Saudi Arabia Deepen Ties With Russia Amid Global Shifts
30/10/2024

UAE and Saudi Arabia Deepen Ties With Russia Amid Global Shifts

The United Arab Emirates (UAE) and Saudi Arabia are bolstering strategic ties with Russia, with the UAE seeking a partnership and Saudi Arabia enhancing diplomatic collaboration for regional stability. UAE and Saudi Arabia Strengthen Strategic Ties with Russia During a meeting in Dubai, UAE Presiden...

Stablecoins Signal Strong Bitcoin Demand: Could BTC Renew Its ATH Soon?
30/10/2024

Stablecoins Signal Strong Bitcoin Demand: Could BTC Renew Its ATH Soon?

The recent activity in Bitcoin price and demand metrics suggests a potential resurgence in market interest, which could lead to a renewed all-time high. So far, Bitcoin has recently achieved a significant price rebound, reclaiming a trading level above $70,000 after a sustained period of resistance....

Bitcoin Rips Above $70,000: Is The Post-Halving Advance Officially On?
30/10/2024

Bitcoin Rips Above $70,000: Is The Post-Halving Advance Officially On?

Bitcoin is on a tear, easing past the psychological round number at $70,000. At press time, the world’s most valuable coin is approaching $72,000, a critical resistance level that marks June 2024 highs. Bitcoin Breaks Above $70,000 And Descending Triangle As buyers press on, reversing losses of th...

BTC ETFs Record Massive $870 Million Inflows
30/10/2024

BTC ETFs Record Massive $870 Million Inflows

“$IBIT traded $3.3b today, biggest number in 6mo, which is a bit odd bc btc was up 4% (typically ETF volume spikes in a downturn/crisis),” Balchunas said on X. “Occasionally tho volume can spike if there a FOMO-ing frenzy (a la $ARKK in 2020). Given the surge in price past few days, my guess i...

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