Tuesday, October 31, 2023

Bitcoin, Ethereum Technical Analysis: BTC Consolidates Below $35,000 Ahead of US Consumer Confidence Report

Bitcoin continued to trade under the $35,000 level on Tuesday, as markets prepared for the upcoming U.S. consumer confidence report. It is expected that the confidence index will come in at a reading of 100 in October,...

Coinshares Report Shows Rising Optimism in Digital Assets Drives Strongest Inflows Since July 2022

While closing out October, the digital asset market has witnessed a significant rush in optimism, culminating in $326 million in fund inflows, marking the largest single-week gain in one and a half years, according to Coinshares...

Monday, October 30, 2023

Bitcoin Difficulty Soars to Record 62.46 Trillion, Miners Unfazed Amidst Tight Competition Between Foundry and Antpool

On October 29, 2023, Bitcoin’s difficulty rose 2.35%, reaching a record 62.46 trillion. This uptick represented the fourth consecutive rise over the preceding six weeks. The next difficulty epoch is slated for November...

Sunday, October 29, 2023

As Gold and BTC Rise Key US Equities Index Now Down By Over 10% from July 31 Peak

The key U.S. equities index the S&P 500 has now declined by just over 10% from its July 31 peak on fears that the U.S. economy is headed for a recession. One expert characterized the index’s drop as the first correction since the market bottomed in the fourth quarter of 2022. In contrast, the prices...

Blackrock / BTC Price Speculation, Musk Wants ‘Comprehensive Deregulation,’ Kiyosaki Not Trying to Be Warren Buffet — Week in Review

As speculation continues about a possible Blackrock spot bitcoin exchange-traded fund (ETF) approval, Elon Musk calls for “comprehensive deregulation” amidst United States Securities and Exchange Commission (SEC) regulatory...

Saturday, October 28, 2023

Friday, October 27, 2023

Bitcoin, Ethereum Technical Analysis: BTC, ETH Consolidate Ahead of US Consumer Sentiment Report

Bitcoin slipped below the $34,000 level earlier in today’s session, ahead of the upcoming consumer sentiment report in the United States. Data on Thursday showed that the U.S. economy grew at a rate of 4.9% in Q3, largely...

Thursday, October 26, 2023