Tag: bitcoin's
Bitcoin price fell 24%+ the last time this metric turned negative — Will it happen again?
Bitcoin declined by 5.3% between Oct. 9 and Oct. 10, reaching a three-week low of $58,900. The market correction began after the United States reported higher-than-anticipated consumer inflation data, suggesting traders are concerned that the Federal Reserve has less incentive to continue cutting interest rates in the near future. The Bitcoin (BTC) reaction reflects investor
South Korea to discuss approval of spot Bitcoin ETFs
South Korea to discuss approval of spot Bitcoin ETFs Gino Matos · 2 months ago · 2 min read The newly formed Virtual Asset Committee will discuss the approval of crypto ETFs and authorization of corporate accounts. 2 min read Updated: Oct. 10, 2024 at 11:14 pm UTC Cover art/illustration via CryptoSlate. Image includes combined
Bitcoin Price Flashes Fractal Similar To October 2023, Here’s What Happened Last Time
Crypto analyst TradingShot recently revealed that the Bitcoin price is forming a similar fractal pattern to the one that happened in October 2023. This is bullish for the flagship crypto, considering what happened last year when the fractal pattern formed. Bitcoin Prices Flashes Fractal Similar To October 2023 TradingShot mentioned in a TradingView post that
Ethereum Could See a 53% Price Correction If This Happens—Analyst
Ethereum has been experiencing sluggishness in its price performance recently, as the cryptocurrency continues to closely follow Bitcoin’s movements. Currently trading at $2,392, Ethereum is down 1.5% in the past 24 hours, adding to its gradual decline in recent days. This drop follows a brief price surge last week, where Ethereum saw a slight surge
Fidelity Investments says data breach affects over 77,000 people
Image: Fidelity Investments Fidelity Investments, a Boston-based multinational financial services company, disclosed that the personal information of over 77,000 customers was exposed after its systems were breached in August. As one of the largest asset managers in the world, with $14.1 trillion in assets under administration and $5.5 trillion under management, Fidelity employs over 75,000 associates across
Bitcoin’s Next Move: Is BTC Headed For A Big Breakout Or Decline?
You are here: Home / News / Bitcoin’s Next Move: Is BTC Headed For A Big Breakout Or Decline? Bitcoin faces critical support test after rejection at key resistance level, signaling potential consolidation. Hidden bullish divergence suggests Bitcoin may bounce back, but key resistance and support levels will decide. Altcoin season heats up as Ethereum
Bitcoin dips below $61K despite Fed’s dovish stance
Bitcoin dips below $61K despite Fed’s dovish stance Gino Matos · 2 months ago · 2 min read The FOMC minutes published on Oct. 9 effectively confirmed a 50 basis point cut in interest rates this year, but Bitcoin failed to mirror the rally in equities. 2 min read Updated: Oct. 10, 2024 at 12:21
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