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U.S. Vice President Kamala Harris has backed a 25 percent tax on unrealized capital gains, which has raised concerns among cryptocurrency investors. This plan, which is intended for people with a wealth of more than 100 million dollars, can have a negative impact on the entire digital currency market.
Over the past 24 hours, the fall in the price of Bitcoin has liquidated more than $450 million in digital currency futures. According to data from CoinGlass, Bitcoin traders lost $122 million and Ethereum traders nearly $100 million. Smaller cryptocurrencies also recorded $85 million in liquidation
The FBI announced that it has seized $6 million in digital currency belonging to fraudsters from Southeast Asia who targeted American citizens. Using dating apps and messengers, these scammers lured victims into investing in fake cryptocurrency websites.
Based on historical data, Bitcoin (BTC) has had a positive October return in 9 of the last 11 years. The OpenAI artificial intelligence model predicts that the price of Bitcoin will be between $80,800 and $83,900 at the end of October 2024.
The fear and greed index of the digital currency market has reached its highest level since July, registering a score of 64 on September 28 (7 Mehr). This index, which shows market sentiment towards Bitcoin and digital currencies, has been above 60 for two consecutive days.
Stephan Lutz, CEO of the BitMEX exchange, announced in an interview at the Token2049 conference in Singapore that the digital currency industry in the United States will take a different path than the rest of the world. According to him, digital currency businesses in America will move towards integration with the traditional financial system
Geoffrey Kendrick, director of Standard Chartered, has attracted attention by predicting the price of Bitcoin (BTC) to reach $200,000 by the end of 2025.
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According to data from IntoTheBlock, TON Coin (TON) recently surpassed Bitcoin (BTC) and Ethereum (ETH) in the Active Addresses Index. The number of daily active addresses of TonCoin has reached 3 million on average, which indicates a significant increase in activity in this network
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According to Bobby Zagotta, chief executive officer of Bitstamp in the US, ether exchange-traded funds (ETFs) would have performed better if they had launched at the same time as bitcoin ETFs in January.
Lark Davis, a well-known analyst, has predicted that the Bitcoin (BTC) bull market will begin in the summer of 2025. This prediction is based on historical patterns of Bitcoin price cycles. Another analyst named Rekt Capital believes that the peak price of Bitcoin will be in the second half of 2025. The price of Bitcoin recently reached $60,771, but with the formation of a round ceiling pattern, there is a possibility of a drop to $55,137.
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On-chain data shows that the number of Bitcoin addresses depositing to exchanges has reached its lowest level since 2016. This trend can be a positive sign for the price of Bitcoin
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Circle, the issuer of the world's second largest USDC stablecoin, is confident that stablecoins will become the currency of the Internet age. Dante Disparte, Circle's chief strategy officer, believes that internet payment companies and other financial services will enter this area.
Ali Martinez, a well-known digital currency analyst and trader, has a bearish view on Bitcoin considering its current state, which is about 20% below its historical peak. He told his 71,000 followers on Platform X that Bitcoin had fallen below a key moving average
A new Bernstein report shows that American brokerage Robinhood will benefit from a generational change in financial preferences. Younger investors are turning to cryptocurrency and blockchain-based solutions, while older generations remain hesitant.
Cryptocurrency analyst Kevin Svenson is optimistic about the future of Bitcoin (BTC), despite its 20% drop from its March high. He believes that Bitcoin will probably reach a new record in the next few months