Recently, the internet has been abuzz with talks about the pseudonymous Bitcoin founder Satoshi Nakamoto. Recent reports from Polymarket show that famous cypherpunk Len Sassaman, who committed suicide in 2011, is likely to be unmasked as the real Satoshi Nakamoto in an HBO documentary, scheduled for release on Tuesday. Satoshi Nakamoto Memes Flood the Internet The post Satoshi Nakamoto: Internet Flooded with Memes Before HBO’s Bitcoin Creator Documentary Release appeared first on CoinGape .
Cryptocurrency analysis company MarktQuant shared its views on Bitcoin, Ethereum and Solana in its statement. Continue Reading: Analytics Firm Assesses the State of Bitcoin (BTC), Ethereum (ETH) and Solana
Zach Pandl, head of research at Grayscale, expects bullish future for Bitcoin adding that investors are hungrier for riskier assets. The post Strong U.S. Jobs Report Boosts Bitcoin Q4 Rally Prospects: Grayscale Exec appeared first on TheCoinrise.com .
The Bitcoin development team announces updates in version 28.0 for improved security. Market analysts predict Bitcoin price fluctuations amidst current selling pressure. Continue Reading: Bitcoin Development Team Releases Significant Updates for Core Version 28.0 The post Bitcoin Development Team Releases Significant Updates for Core Version 28.0 appeared first on COINTURK NEWS .
Ethereum (ETH Coin) has been one of the best-performing tokens of 2024. Launched in 2013, Ethereum raised $18.3M in Bitcoin. ETH Coin has been a dominant player in the crypto market for many years, but the landscape is evolving with the rise of layer-1 projects like Bitgert. Bitgert is not only scalable but also cost-efficient,
Crypto analyst Benjamin Cowen is sounding a bearish note on Bitcoin (BTC) as the flagship cryptocurrency experienced a minor correction over the past week. Speaking to his 814,000 YouTube subscribers, Cowen explained that Bitcoin could face a significant price drop if it fails to break through a crucial upper trend line formed by a series … Continue reading "Analyst Benjamin Cowen Predicts Potential 32% Bitcoin Price Drop" The post Analyst Benjamin Cowen Predicts Potential 32% Bitcoin Price Drop appeared first on Cryptoknowmics-Crypto News and Media Platform .
Rajiv Khemani, CEO of mining chip manufacturer Auradine, highlighted the dangers posed by third-party firmware used in mining operations. The post Auradine CEO Warns of Bitcoin Decentralization and Supply Chain Risks appeared first on TheCoinrise.com .
The XRP price experienced a notable recovery last week, reaching a seven-month high of $0.665 last Sunday. This surge was primarily driven by a broader market rally and bolstered by excitement surrounding crypto asset manager Bitwise’s filing for an XRP exchange-traded fund (ETF) earlier this week. However, the enthusiasm was short-lived. XRP has since lost nearly 12% of its value on the weekly time frame, following the US Securities and Exchange Commission’s (SEC) decision to appeal a partial victory for Ripple, the blockchain payments company associated with XRP. XRP Price Strength During Legal Battles The SEC’s appeal has sent ripples through the cryptocurrency community, raising concerns about the future of XRP and its regulatory status. Market expert Bobby A addressed these concerns in a recent social media post, arguing that the macro charts do not indicate the onset of a prolonged bear market for the XRP price due to the appeal. Instead, Bobby A suggests that such events often lead to missed opportunities for “uninformed or impatient investors” who may react impulsively to market news, and claims that despite these short-term challenges, the token can continue its upward trajectory in the coming months. Related Reading: Analyst Says Bitcoin Crash Might Not Be Over, Why $60,365 Is Important The expert points out that the XRP price has shown resilience in the face of regulatory challenges. For example, during the SEC lawsuit that began in 2020, XRP was able to rise from $0.11 to $1.95 despite significant legal headwinds. Bobby A emphasizes that the XRP price has been consolidating sideways for nearly seven years, indicating a strong macro base that could pave the way for future price appreciation. No Indications Of A Bear Market From a technical analysis perspective, Bobby A highlights that the monthly time frame for the XRP price reveals critical patterns. Following Bitcoin’s Halving cycles, XRP has historically experienced rapid price surges during cyclical rotations of momentum oscillators. This pattern was evident in previous years, particularly in 2017 and 2020. Moreover, the Bollinger Bands—a technical indicator that measures market volatility—are currently at their tightest levels in XRP’s history. The expert suggests that tight Bollinger Bands often precede significant price movements, which can be “deceptive at first,” as they may initially mislead market participants. Bobby A argues that current market conditions should not be misinterpreted as the start of a bear market. Instead, he suggests that XRP is positioned for potential capitulation in “deep value areas.” With legal clarity, a real use case and what he sees as the imminent ETF, he believes XRP is poised for mass adoption. Related Reading: Bitcoin Miner Selloff Is Calming Down: Green Sign For Rally To Continue? Finally, the market expert pointed to the upcoming US general election, which could play a crucial role in XRP’s future. Bobby speculated that if former President Donald Trump is re-elected, it could lead to significant changes within the SEC, potentially alleviating some of the regulatory concerns that have plagued the asset. At the time of writing, XRP is trading at $0.522, up 0.6% over the past 24 hours. Featured image from DALL-E, chart from TradingView.com
Despite Bitcoin's shaky start to October, APT, POPCAT, and SUI led the weekly gainers list.
QCP Capital noted on October 5th via its official channels that increasing geopolitical tensions are impacting global markets. With ongoing adversities involving Iran and Israel, market participants are preparing for