How a Bitcoin ETF approval may spur BTC to $141K

Demand for Bitcoin may increase once the SEC approves a spot ETF. It might take a while before corporate bodies begin to fuel the BTC hike. For a large part of the year, there have been discThe post How a Bitcoin ETF approval may spur BTC to $141K appeared first on AMBCrypto.

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Is 2024 the Year to Invest in AVAX? Some Experts Say You Better Invest in This New Coin

TLDR Avalanche (AVAX) has surged to new heights, marked by a TraderJoe DEX trading volume spike of 112% and a remarkable 146% fee increase. The spike was further boosted by Coinbase’s introduction of perpetual futures contracts.

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Options Frenzy: Bitcoin Rally To $37,000 Sparks Explosive Open Interest Surge

An apparent increase in demand for safe-haven assets, rising interest in Bitcoin ETFs in the US, and anticipation of a more accommodating position from the Federal Reserve were the purported drivers of the cryptocurrency market’s recovery this year, which led to a significant gain in the value of Bitcoin.

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Soft US CPI for October Likely to Push Fed Rate Hike to Next Year

US inflation for October was unchanged month-on-month, while core inflation for the US rose 0.2%, increasing the chances the Fed won't increase rates in 2023. The post Soft US CPI for October Likely to Push Fed Rate Hike to Next Year appeared first on BeInCrypto.

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Avalanche (AVAX) Rumbles With 45% Rally, Rules Top 20 Coin Listing Today

Throughout the majority of the year, the Avalanche (AVAX) coin has seen a predominantly bearish trend. However, it has recently exhibited a noteworthy resurgence. Avalanche has demonstrated remarkable performance within the cryptocurrencies sector, exhibiting a significant increase of 10% during the past 24 hours.

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Solana soars 9% as whales make waves

Solana's volume hit $4.46 billion for the first time in the year. SOL added 9% as the strong bull trend persists. Recently, there has been a notable increase in large transactions by Solana The post Solana soars 9% as whales make waves appeared first on AMBCrypto.

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NFT Boom: CryptoPunks Collection Shines With 900% Trading Volume Increase

The non-fungible token (NFT) industry has predominantly experienced a decline in trading activity since the beginning of the year, but the market appears to be currently undergoing a noteworthy and positive transformation.

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Why Solana’s jump beyond $50 remains an opportunity for onlookers

On a Year-To-Date (YTD) basis, SOL has increased by 448%. The tremendous price increase in the last 24 hours does not mean that bulls are in danger.  When the year began, almost anyone who The post Why Solana’s jump beyond $50 remains an opportunity for onlookers appeared first on AMBCrypto.

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Cathie Wood, Michael Saylor, Peter Schiff debate the future of Bitcoin

Bitcoin (BTC) price has been one of the best-performing financial assets this year. The coin surged to a high of $35,978 on Thursday, a 132% increase from the lowest point in December last year. It has outperformed other financial assets like gold, bonds, equities, and commodities.

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Bitcoin’s October surge leaves one buyer group in the cold

Quick Take Bitcoin (BTC) has seen a noteworthy surge in October, marking a 28% increase and paving the way for it to be the second most lucrative month of the year, tailing behind January’s 40% ascension.

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Bitcoin Bounce Above $35,000 Puts Holder Profitability At Yearly Highs

Bitcoin has had an eventful week in terms of price action. The world’s largest crypto saw an 18% increase in the past seven days, its highest percentage increase this year. This unexpected surge caused a flurry of short position liquidations, and according to Glassnode, 60,000 BTC worth of futures positions were closed.

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Galaxy Digital predicts 74% surge in BTC price after spot ETF launch

As estimated by crypto investment firm Galaxy Digital, Bitcoin is projected to see a 74.1% price increase in the first year after the U.S. launch of spot Bitcoin ETFs. In a blog post dated Oct. 24, Charles Yu, a research…

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Galaxy predicts 74% Bitcoin price increase first year after ETF launch

Currently, a 74% increase takes Bitcoin to over $59,000, and that doesn’t factor in “second-order effects,” says Galaxy Digital.

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Bitcoin’s Surge Sparks Bullish On-Chain Activity in Altcoins, Including Kyber Network – Analyst Insights

A number of top altcoins have seen a marked increase in whale activity and on-chain transfers this year, according to market intelligence platform Santiment. While the reasons behind the uptick remain unclear, it could signal renewed institutional interest in the altcoins sector.

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Solana to hit $29.22, Honda accepting Shiba Inu, and Tradecurve Markets token rises 200%

Honda customers can now use Shiba Inu as a mode of payment. Solana token value could surge to $29. 22 by the end of the year based on analyst projections. Tradecurve Markets could increase by 3,500% at launch FCF Pay recently announced a partnership with Honda; the platform supports Shiba Inu (SHIB) as a payment option, […] The post Solana to hit $29.

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Grayscale Bitcoin Trust’s impressive surge a potential indicator for spot ETF approval

Quick Take The Grayscale Bitcoin Trust (GBTC) has emerged as one of the top performers in the crypto market, charting a 150% increase this year. This triumphant rise has outshone significant players such as Bitcoin, up by 64%, and Ethereum, up by 29%.

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Bitdeer grows Bitcoin production by 195% YoY with a 35% September increase in BTC mined

Singapore-based Bitdeer Technologies Group revealed a notable surge in mined Bitcoins in September 2023. 482 Bitcoins were mined, nearly tripling the numbers from the same time last year. Additionally, the Gedu mining data center alone produced 217 Bitcoins, accounting for approximately 45% of the total mined Bitcoins in September.

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Crypto suffered 153% YoY increase in hacks and scams in Q3: Immunefi

The number of attack incidents increased to 76 in Q3 2023, compared to just 30 in the same quarter last year.

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Bitfarms reports a 7.3% increase in its monthly mining output

Bitfarms produced 411 bitcoins last month and sold 362. The Canadian miner is still lagging behind last year’s figures. Bitfarms stock is currently down 40% versus its recent high. Bitfarms Ltd says its mining output popped 7.

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Gemini Pulled $282M Earn Users' Funds From Genesis Last Year to Protect Customers

Gemini said it elected to increase its liquidity reserves owing to the market turmoil throughout the summer of 2022, following events such as the collapse of the TerraUSD stablecoin.

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ETHEREUM PRICE ANALYSIS & PREDICTION (September 26) – ETH Calms Under $1,600 As Volatility Shrinks, Is Another Storm Around The Corner?

Ethereum started the second half of the year on a bearish note with no sign of recovery at the moment. However, the price has stalled below a key level for days. A surge above that level could activate a fresh increase.

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Cosmoverse Comes to Istanbul as Interchain Innovation Continues to Grow

Cosmoverse, the largest conference focusing on the Cosmos ecosystem and interoperability, is returning for its third year and is heading to Istanbul from October 2 – 4, 2023. The conference aims to build on last year by connecting the Cosmos community to other ecosystems to increase synergy between different networks.

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Coinbase raises USDC interest rate to 5%

Coinbase is now offering up to a 5% interest rate on any USDC held on the exchange, up from the 4% introduced earlier in the year. Based on historical data from the company’s website, the increase marks an impressive 150% bump from the 2% reward rate on USDC that was active as of June 9.

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Bitcoin ETF approval odds increase to 75% following Grayscale’s court victory: Bloomberg analysts

Bloomberg analysts Eric Balchunas and James Seyffart said the chances of the U. S. Securities and Exchange Commission (SEC) approving a Bitcoin (BTC) spot exchange-traded fund (ETF) this year have risen to 75% in the wake of Grayscale’s recent victory against the financial regulator.

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As UnlimitedIP (UIP) scores 800% boost, we look at 3 more Altcoins to watch: Domini, InQubeta, Borroe Finance

UnlimitedIP (UIP), a provider of proxy servers and residential IPs, has announced that it has seen an 800% increase in sales in the past year.   This development has caught the attention of investors and cryptocurrency enthusiasts.

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Winds Of Change: Bitcoin Miner Riot Sees Substantial Increase In BTC Holdings

Bitcoin mining has been up by a considerable fraction this year, as the blockchain network recorded a new all-time high in hash rate in the second quarter of the year. Mining revenue is also up, as the bitcoin Bitcoin recorded a spike in transaction volume.

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Bitcoin Payment Firm Block Notches 34% Increase In BTC Revenue This Year

The success of alpha crypto Bitcoin in the second quarter of 2023 was crucial for Block Inc. The payments startup, led by Twitter founder Jack Dorsey, reported outstanding earnings, recording $5. 5 billion in revenue overall.

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Block posts 34% increase in Bitcoin revenue in Q2 but shares stumble

Bitcoin profits on Block’s Cash App dropped slightly from the first quarter of 2023 but remain up 7% from this time last year.

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Analyzing Bitcoin’s summer performance with a cautionary eye on September

Quick Take As July comes to a close, Bitcoin’s performance offers a nuanced view, closing the month with a slight dip of about 3.5%. This is the second month this year where Bitcoin has declined, but despite this, the cryptocurrency has seen a remarkable yearly increase of 77%, Moving into the final month of summer, […] The post Analyzing Bitcoin’s summer performance with a cautionary eye on September appeared first on CryptoSlate.

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General Motors Strong Q2 2023 Earnings: Promising Road Ahead

Coinspeaker General Motors Strong Q2 2023 Earnings: Promising Road Ahead General Motors reported strong financial results for Q2 2023, with a 52% increase in net earnings compared to the previous year.

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Ripple’s XRP almost doubled in 2023

Ripple's XRP sales surge in 2023, reaching 2.22 billion XRP. A 37% increase compared to last year. Bullish sentiment and cautious concerns arise.

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Bitget added 9,033 new elite traders in Q2

Bitget says it made a bunch of notable achievements in the second quarter of this year – a few of which it underscored in a Transparency Report on Tuesday. Bitget continued to increase market share in Q2 According to the quarterly update, its market share climbed further in the three-month period to 8.

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Bitcoin buying pressure could surge amid rising exchange withdrawals

In the context of the volatile Bitcoin market of the past year, a key trend identified in previous CryptoSlate analyses has emerged: the rapid increase in exchange withdrawals for Bitcoin since November 2022.

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Ransomware crimes come back to haunt crypto industry in 2023

At the current rate, 2023 was on track to become the second-worst year in terms of ransomware attacks.   There was a substantial increase in the number of very large ransom payouts in H1 2023.

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PwC hedge fund survey finds crypto remains viable despite recent market turmoil

The portion of traditional hedge funds investing in crypto fell, but many of those still in the market plan to increase crypto investing this year.

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Crypto Crimes Fall 65% In 2023, But Ransomware Attacks Increase; Chainalysis Report

The crypto industry is known for being subject to prey from various criminals, but new data suggests that the pattern may be shifting in a positive direction. Crypto criminals seem to have been taking it a bit easy so far this year.

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Bitcoin mining difficulty sees 6% uptick in 11th such rise this year

Quick Take The difficulty level of Bitcoin mining has recently undergone an upward adjustment exceeding 6%. This noteworthy shift signifies the 11th such increase seen this year, clearly highlighting a pattern of escalating difficulty.

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Bitcoin mining difficulty sees 7% uptick in 11th such rise this year

Quick Take The difficulty level of Bitcoin mining has recently undergone an upward adjustment exceeding 7%. This noteworthy shift signifies the 11th such increase seen this year, clearly highlighting a pattern of escalating difficulty.

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Will Bitcoin Reach $120,000 By 2024? Standard Chartered’s Optimistic BTC Outlook Proves Attainable

While the bank is still predicting a price increase by the end of next year, it has changed its earlier projection of $100,000 per BTC and now estimates that Bitcoin could, in theory, reach $120,000 by the end of 2024.

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Bitcoin holders hoping to make profits should read this before their next move

BTC accumulated at the current price range could see more impact with a price change. BTC saw a two-day increase in price at around $30,600. Throughout the year, despite its position, the BiThe post Bitcoin holders hoping to make profits should read this before their next move appeared first on AMBCrypto.

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Bitcoin holders hoping to make profits should read this

BTC accumulated at the current price range could see more impact with a price change. BTC saw a two-day increase in price at around $30,600. Throughout the year, despite its position, the BiThe post Bitcoin holders hoping to make profits should read this appeared first on AMBCrypto.

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BTC to $120,000? Standard Chartered Thinks 2024 is Bitcoin’s Year

Standard Chartered has raised its 2024 Bitcoin forecast to $120,000, a notable increase from the $100,000 prediction made in April, according to a Reuters report. The United Kingdom-based financial institution...

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Lido: Interest in stETH wanes, what's next?

stETH new address count has remained the same in the last year. On the other hand, rETH and SFRXETH have seen an increase in new demand post-Shanghai. The count of new addresses holding LidoThe post Lido: Interest in stETH wanes, what's next? appeared first on AMBCrypto.

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Cryptocurrencies are back in fashion as the total crypto market cap keeps rising

The total cryptocurrency market capitalization grew by more than 50% in the last six months Investors are optimistic as Bitcoin’s price holds near the yearly high Ethereum, Litecoin, and Ripple have followed Bitcoin higher The first half of the trading year is behind us, and one of the most notable developments is the increase in […] The post Cryptocurrencies are back in fashion as the total crypto market cap keeps rising appeared first on CoinJournal.

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MicroStrategy’s Saylor Envisions $250k BTC Price Following Bitcoin’s Soaring Dominance

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Injective (INJ) Continues To Build Momentum, Jumps Nearly 27% In A Single Week

Injective (INJ) has been positive in 2023, racking up a nearly 500% price increase since the turn of the year. This significant rise ranks the cryptocurrency as one of the year’s best-performing assets.

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Bitcoin ignores correlation with traditional finance with 84% rise in 2023

Quick Take This year has marked a noteworthy period for various financial assets, with several outperforming expectations amidst an atmosphere of bearish sentiment. Bitcoin has emerged as a standout winner in this regard, reporting a remarkable 84% increase over the first half of the year.

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Bitcoin ‘Shrimps’ And ‘Crabs’ Increase Holdings By Almost 1 Million BTC Amid Price Drop

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Tick tock, next block: Bitcoin difficulty sees another positive adjustment

Quick Take Around 12:30 PM GMT, the Bitcoin network experienced another positive adjustment in difficulty, marking an increase of 2%. This adjustment represents the tenth positive change this year and, notably, the third consecutive one.

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