Bitcoin Weekly Forecast: BTC Crashes Ahead of ETF Approval Window, But Uptrend Not Threatened

Share: Bitcoin price on the weekly timeframe is forecasting a potential correction to $34,000. The daily chart also showed a bearish triple divergence which echoes the weekly sell signal. While the short-term outlook awaits a correction, the long-term outlook remains optimistic. The price of Bitcoin (BTC) is showing signs of slowing after Thursday’s sudden sell-off … Read more

Coinbase Now Allows Small US Investors to Trade Bitcoin and Ethereum Futures

Brian Armstrong is the CEO of Coinbase. Michael Nagle—Bloomberg/Getty Images The largest cryptocurrency exchange in the United States announced Thursday that small investors, also known as retail traders, will now be able to trade. Bitcoin And Ethereum eventually on its American platform. Customers can access the two new financial products through Coinbase Advanced, an offshoot … Read more

Pi Network releases V1 roadmap

Despite initial controversies and a tumultuous past, Pudgy Penguins underwent a transformative change under new management, propelling it to unprecedented success. Summary Pudgy Penguins is an adorable NFT collection known for its unique traits and vibrant community engagement. The rarity and distinctiveness of each chubby penguin contribute to its value and market appeal. The project … Read more

Bitcoin Explodes to 18-Month High, Leaving $150 Million in Liquidations

Yesterday’s rollercoaster ride was just the beginning for Bitcoin, as the asset returned to the offensive early in Asian trading hours and climbed to just over $36,000 for the first time since May 2022. With many altcoins performing even better, the total value of liquidated trade positions jumped to $150 million on a daily scale. … Read more

Will this impact the price rise of Bitcoin (BTC)?

TL;DR Bitcoin enthusiasts and investors are expecting a potential rise in Bitcoin prices following the SEC’s possible approval of a Bitcoin spot ETF, which is expected to attract more investments into the cryptocurrency. The Federal Reserve’s decisions regarding interest rates are crucial to Bitcoin’s price action, with the upcoming December meeting being particularly important. A … Read more

Solana Price Climbs to Imminent $40 as AUM Inflows Hit $24 Million, Just Behind Bitcoin

Solana (SOL) price is shaping up to be one of the strongest bullish contenders in the final quarter of 2023. Although “Uptober” started with Bitcoin (BTC) surpassing $30,000 and trading at a new yearly high at $35,000, the largest cryptocurrency took a breather such that it consolidated gains above $34,000. On the other hand, Solana … Read more

Why is Bitcoin rising again?

Bitcoin is back. Again. Nothing new there, one might say. The price increases, it goes down. Often at high speed. Except this time there might be something new because the number one cryptocurrency in the world looks set to attract a new source of demand and investors are buying now before prices take off. Given … Read more

SBF Speaks Out, ‘Buy Bitcoin’ Searches Skyrocket and Other News: Hodler’s Digest, October 22-28

In the news this week Sam Bankman-Fried takes a stand on the collapse of FTX Sam “SBF” Bankman-Fried testified this week in his ongoing criminal trial in the Southern District of New York, denying any wrongdoing between FTX and Alameda Research while admitting they made “big mistakes” during the companies’ explosive growth. Highlights of his … Read more

FLOKI Price Rises 140% in One Week — Are Memecoins Like DOGE, PEPE Finally Awakening?

Bitcoins (BTC) reaching $35,000 this week also raised a number of memecoinsincluding Floki (FLOKI), which beat its main rivals in winning percentage. FLOKI Price Up 140% Amid Bitcoin ETF Hype and TokenFi Launch As of October 27, FLOKI had surged more than 140% to $0.00004261, its highest level in five months. The memecoin, known for … Read more

Crypto miners lobby US lawmakers to counter environmental ‘misunderstanding’

When the U.S. Congress discusses cryptocurrency mining, it is often linked to claims that mining operations are environmental parasites, sapping limited energy resources. But industry representatives flooded offices on Capitol Hill this week to argue that their companies can help stabilize the power grid, harness renewable resources and foster domestic technology. Executives representing more than … Read more