Bitcoin Soars Past $28,000 Amid Growing ETF Optimism and Seasonal Trend

Bitcoin (BTC) surged past the $28,000 benchmark on Monday, its highest peak in over a month. This bullish stride is attributed to a combination of Exchange Traded Fund (ETF) optimism and a seasonal trend that often favors the cryptocurrency market.The altcoin sector also experienced a surge, with Ether (ETH) surpassing $1,700, Binance Coin (BNB) and […]

Bitcoin Price Rebound Hints at Breakdown Exhaustion

Bitcoin (BTC) has seen a 5.7% rally in the first two days of October, crossing the $28,000-mark for the first time in two months. This rally came after a loss-making quarter in 2023, indicating that bearish catalysts remain in place entering Q4/2023. The buying sentiment in the Bitcoin market started after US lawmakers agreed on […]

Ethereum Price Surges Ahead of Ether Futures ETF Launch

Ethereum (ETH) has seen a steady climb towards the $1,800 mark, largely fueled by increased whale accumulation in anticipation of the launch of the first-ever Ether Futures ETF. Noteworthy support and resistance levels are determining ETH’s price trajectory in the short-term, while the influx of ETFs is pointing to a bullish outlook for Ethereum.The launch […]

Bitcoin Shrugs Off U.S. Dollar Surge as Real-World Asset Network Hits Milestone

Bitcoin (BTC) was aiming for $28,500 at the Oct. 2 Wall Street open as a bullish start to the month continued. Creditcoin, a pioneering platform for real-world asset innovations, has announced the launch of the latest upgrade of its mainnet. This new release upgrades the RWA-focused blockchain consensus to nominated proof-of-stake (NPoS) and aims to […]

Bitcoin Sharks and Whales Accumulate as Price Breaks Above $28,000

Bitcoin has broken the $28,000 mark, and on-chain data shows that key BTC wallets have been accumulating the cryptocurrency since the start of last month. According to data from the on-chain analytics firm Santiment, the large BTC wallets have bought BTC worth about $1.17 billion. The holders are divided into three groups based on the […]

Ripple Unlocks 1 Billion XRP, Sends 28.5 Million to Bitstamp Exchange

Ripple recently unlocked 1 billion XRP from its escrow account, with more than half of the assets being returned to the escrow account. High-value transactions have been observed in the past two days leaving an unknown address to Bitstamp crypto exchange, which Ripple acquired an undisclosed stake in earlier this year. Ripple has used hundreds […]

Bitcoin Surges, Short Sellers Suffer $97 Million in Liquidations

In the past 24 hours, the crypto market has seen a major shakeup, resulting in $114.92 million in liquidations, mostly in short positions. Major exchanges such as OKX, Binance, and Huobi were the hardest hit. Bitcoin was the main driver of these liquidations, but the tides are turning. After staying below $27,000 for over a […]

Friend.tech Sees Rapid Growth in Revenue and Userbase

Friend.tech, a social application built on top of the Base Layer 2 network, has seen tremendous growth in revenue since its launch on August 10. In less than two months, the platform has reaped about $10,684 in ETH. According to Dune Analytics, the cumulative revenue has exceeded $18.4 million, with sniper bots in the Friend.tech […]