Metaplanet has doubled its Bitcoin holdings this month with purchases totaling more than 450 Bitcoin. Shares in Metaplanet rallied 15.7% on Oct. 15 after the Japanese investment firm announced its latest purchase of almost 107 Bitcoin. Metaplanet’s latest purchase brings its total stash to 855.5 Bitcoin— worth more than $56.1 million — the firm said…
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Bitcoin’s failure to hold $68,000 could be an early sign that a price reversal is beginning. Bitcoin’s price has rebounded by more than 7.5% in seven days after hitting a 10-week high of $67,922 on Oct. 15. However, a sharp correction in the coming days is possible based on several technical and onchain factors. BTC/USD…
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Bitcoin derivatives metrics shifted as BTC price fell under $59,000. Are lower prices incoming? 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…
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Bitcoin traders are reducing their risk exposure ahead of the upcoming US inflation report, among other factors contributing to the cautious sentiment. Bitcoin’s price is down today as traders play cautiously ahead of key inflation data in the United States and elevated open interest in the derivatives market. Bitcoin traders de-risk ahead of CPI data…
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Solana price is up today as liquid staking within the ecosystem hits a new all-time high above $5.7 billion. Solana price is up on Oct. 11, trading above $144 and up 5% over the last 24 hours, recouping all the losses made over the last two days. SOL/USD daily chart. Source: TradingView The upward momentum aligns with…
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Bitcoin ETFs have witnessed $287.80 million in daily outflows amid a growing de-risking mood across the crypto and traditional risk markets. Bitcoin’s price is falling today, mirroring declines across the global risk markets due to fears about the economic outlook. Recession risks pressure Bitcoin, stocks lower As of Sept. 4, BTC was down 3.30% to around…
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Telegram tap-to-earn games have “finally” brought the mass adoption to crypto the industry has waited for, says Blum founder and CEO Gleb Kostarev. Around half of the tap-to-earn gamers on Telegram are completely new to crypto, and the messaging app could open up the tech to mass adoption, according to a former Binance executive. Gleb…
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Need to know what happened in crypto today? Here is the latest news on daily trends and events impacting Bitcoin price, blockchain, DeFi, NFTs, Web3 and crypto regulation. A notorious and upgraded crypto drainer is back, and is being called AngelX. The United States Commodity Futures Trading Commission (CFTC) has charged Uniswap with illegal derivatives…
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Bitcoin traders expect BTC to rally if the Fed rolls out a 0.50% rate cut, but hedging these bullish positions is also necessary. Here is how it’s done. Bitcoin has repeatedly failed to close above the $62,000 level since Aug. 3 and is currently down 11% over the past 30 days. More notably, the cryptocurrency…
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Some members of the crypto community believe this could trigger a domino effect, with other countries potentially following Brazil’s lead. Members of the crypto community expressed their frustration on social media on Aug. 30 after a Supreme Court justice ordered the suspension of the platform X — formerly known as Twitter — in Brazil. “Brazil…
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