Author: CryptoHoppers
The Bitcoin price is back above $64,000, sparking bullish sentiments that the long-awaited ‘Uptober’ rally is set to begin. Certain macro events are happening this week, which market participants should watch out for as they could impact the crypto market. Macro Events To Watch Out For As Bitcoin Price Hits $64,000 Macro events to watch out for this week include the September retail sales data, which will be released on October 17. This metric, which tracks consumers’ demand for finished goods, is significant as it provides insights into the current state of the US economy. This macro data also forms…
Monochrome Asset Management is set to launch Australia’s first spot Ethereum exchange-traded fund on Tuesday. The Ethereum (ETH) ETF will debut on the Cboe Australia, bringing the Monochrome Ethereum ETF with the ticker IETH to the market on Tuesday, Oct. 15. IETH launches a few months after Monochrome unveiled its spot Bitcoin (BTC) ETF, which launched in August. The Monochrome Bitcoin ETF (IBTC) held about 167 Bitcoin, worth AUD 15 million. Monochrome and its partner Vasco Trustees Limited filed an application for the listing of IETH on the Cboe Australia in early September, noting in an announcement that the spot…
Key Takeaways Metaplanet’s recent purchase of 106 BTC boosts its total holdings to over 855 BTC. The company’s stock surged 15% following the announcement of the Bitcoin acquisition. Share this article Metaplanet’s stock (3350.T) surged over 15% on October 15 (Asian time) after the company announced it added over 106 Bitcoin to its reserves. According to data from Yahoo Finance, the stock price reached 1,105 JPY, a substantial jump from the previous close of 955 JPY.Author: Yahoo FinanceThe latest acquisition brings Metaplanet’s total Bitcoin holdings to over 855 BTC, valued at around $56 million at current prices. The company’s average…
Ethereum co-founder Vitalik Buterin has found two issues- governance and membership issues in Zuzalu’s “popup city” or “network states” experiment. At his Network State Conference 2024 address, in Singapore, Vitalik Buterin explained his theory behind “network states”. It is a movement where online communities come together to form physical groups and seek political autonomy. Speaking on his Zuzalu experiment, Vitalik shared that the goal of the experiment was to have 200 people from the Ethereum community- including crypto executives, biotech entrepreneurs, and scientific researchers into Montenegro from March to May 2023, and let the community work together to solve challenges like…
Key Takeaways A potential assassination plot against Trump occurred ahead of the World Liberty token sale. The police assessed that the incident did not pose a direct threat to Trump or the rally attendees. Share this article Donald Trump recently faced a potential assassination plot in the lead-up to the token sale of World Liberty Financial, a DeFi project backed by the Trump family.Police reported on Saturday that they arrested an armed man with a fake VIP and press pass at a checkpoint near Trump’s campaign rally in Coachella Valley.Following the arrest, Riverside County Sheriff Chad Bianco told local media…
According to someone with direct knowledge of the situation, speaking with Bloomberg, Arkham Intelligence, the company behind the multi-blockchain monitoring and parser tool, is gearing up to introduce a crypto derivatives exchange next month. Arkham Is Reportedly Preparing to Launch a Crypto Derivatives Trading Platform This week, Anna Irrera of Bloomberg revealed that Arkham Intelligence, […] Source link
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. A key Uniswap community member is shifting focus to Kaspa (KAS) and Cybro (CYBRO), raising interest in their growth potential. A prominent figure in the Uniswap community has shifted focus, expressing optimism about Kaspa (KAS) and Cybro (CYBRO). This surprising move has sparked curiosity about whether these tokens could be the next big players in the altcoin market. The article delves into why these coins might hold significant growth potential. CYBRO: Gateway to unmatched crypto gains Welcome to the…
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. A top analyst reveals new predictions for memecoins, forecasting one to surge by 30,000%. A well-known market analyst has revealed fresh predictions for popular meme cryptocurrencies after recent changes in the market. One of these coins could skyrocket by a staggering 30,000%. This article explores which coins are set for major growth and what might be fueling these impressive forecasts. DOGEN: The first meme token for alpha males who demand the Best Unleash your inner alpha with DOGEN, the…
Key Takeaways S&P 500 reaches all-time high as Bitcoin’s 3% rise signals market optimism. The S&P 500’s potential 30% gain in 2024 would mark its highest annual increase since 1997. Share this article Bitcoin saw a notable increase of 3% today, reaching a price of $62,400. This upward momentum coincides with the S&P 500 reaching an all-time high of 5,819, currently trading at 5,809. Bitcoin’s rally comes at a time when traditional assets are seeing significant gains, with the S&P 500 achieving its strongest year-to-date performance in 24 years, up over 22%. In a recent post on X, The Kobeissi Letter…
This editorial is from last week’s newsletter, Week in Review. Subscribe to the newsletter to get this weekly editorial the second it’s finished, The newsletter also includes the biggest stories of the week with a comment on each story. Liquidity Rising The global liquidity cycle has come to prominence in the past three or four […] Source link