Bitcoin is struggling to clear the hurdle at $35,000, signaling the possibility of a short-term pullback.
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Price analysis 11/1: BTC, ETH, BNB, XRP, SOL, ADA, DOGE, TON, LINK, MATIC
Bitcoin (BTC) skyrocketed 28.5% in October, its second-best monthly gain of the year behind the 40% rally in January. After the strong showing in October, the next question on investors’ minds is, could the bullish momentum continue and Bitcoin extend its recovery going forward?
Bernstein said in a note on Oct. 31 that Bitcoin could rally to $150,000 by 2025. The firm believes that the United States Securities and Exchange Commission will approve a spot Bitcoin exchange-traded fund by the first quarter of 2024 and the ETFs may attract up to 10% of Bitcoin’s circulating supply.
Daily cryptocurrency market performance. Source: Coin360While the long-term looks bullish, the volatility may pick up in the near term. On-chain monitoring resource Material Indicators believes that the bullish momentum is weakening and may result in a retest of $33,000 but before that, they anticipate an attempt at $36,000.
Will Bitcoin break above or below the current range? Could altcoins rally when Bitcoin consolidates?
Let’s analyze the charts of the top 10 cryptocurrencies to find out.
Price analysis 11/1: BTC, ETH, BNB, XRP, SOL, ADA, DOGE, TON, LINK, MATIC
Bitcoin is struggling to clear the hurdle at $35,000, signaling the possibility of a short-term pullback.
Visa completes digital Hong Kong dollar pilot test with local banks
The e-HKD CBDC Pilot Programme will enter phase 2 following praise from the city's monetary authority.
SafeMoon executive team charged with multiple fraud counts, arrests made
According to charges, the men misappropriated $200 million in investor funds to spend on a luxurious lifestyle.
Worldcoin claims 4 million app downloads and 1 million active users
The ‘World App’ for iOS and Android has now been downloaded 4 million times, according to data collected by its development team, Tools for Humanity.
Worldcoin claims 4 million app downloads and 1 million active users
The ‘World App’ for iOS and Android has now been downloaded 4 million times, according to data collected by its development team, Tools for Humanity.
100%+ BTC price gains? Bitcoin faces 'massively overvalued' stocks
Bitcoin posted a classic "Uptober," but risk assets across the board risk a serious contraction, forecasts warn.
Bitcoin crash pre-halving? Stablecoin metric that marked 2019 top flashes warning
Two key BTC supply metrics show conflicting signals on whether a retracement will occur before the Bitcoin halving.
UK AI Safety Summit begins with global leaders in attendance, remarks from China and Musk
The U.K. AI Safety Summit concluded its first day with a common declaration, the U.S. announcing an AI safety institute, China willing to communicate on AI safety and comments from Elon Musk.
PayPal scores UK crypto license after brief local Bitcoin buy halt
Licensed by the FCA on Oct. 31, 2023, PayPal has requirements or restrictions placed on the financial services activities that it can operate.
PayPal scores UK crypto license after brief local Bitcoin buy halt
Licensed by the FCA on Oct. 31, 2023, PayPal has requirements or restrictions placed on the financial services activities that it can operate.
Crypto’s ‘pro-rioter’ glitch artist stirs controversy — Patrick Amadon, NFT Creator
NFT artist Patrick Amadon is proudly “pro-rioter,” as Hong Kong Art Week discovered, and he’s at home in crypto, where everyone’s a rebel.
Crypto’s ‘pro-rioter’ glitch artist stirs controversy — Patrick Amadon, NFT Creator
NFT artist Patrick Amadon is proudly “pro-rioter,” as Hong Kong Art Week discovered, and he’s at home in crypto, where everyone’s a rebel.
Crypto’s ‘pro-rioter’ glitch artist stirs controversy — Patrick Amadon, NFT Creator
Patrick Amadon combines a passion for art and activism, and is articulate about how he intends for his work to have impact.
Self-described as a “digital disobedient,” the Los Angeles-based glitch artist has been no stranger to controversy, having made international headlines for his “No Rioters” digital billboard displayed at the Hong Kong Art Week in March that was eventually taken down for its political undertones.
He also made headlines when he pulled out of Sotheby’s first glitch show, taking a stance against a lineup of artists that featured no women or non-binary people.
(For the uninitiated, glitch art purposefully includes digital or analog errors.)
Like many other artists, Beeple’s historic $69 million NFT sale in March 2021 caught Amadon’s attention. He had been making digital art for over a decade prior but had no way to attribute value to it.
Crypto’s ‘pro-rioter’ glitch artist stirs controversy — Patrick Amadon, NFT Creator
NFT artist Patrick Amadon is proudly “pro-rioter,” as Hong Kong Art Week discovered, and he’s at home in crypto, where everyone’s a rebel.
Crypto’s ‘pro-rioter’ glitch artist stirs controversy — Patrick Amadon, NFT Creator
NFT artist Patrick Amadon is proudly “pro-rioter,” as Hong Kong Art Week discovered, and he’s at home in crypto, where everyone’s a rebel.
Crypto’s ‘pro-rioter’ glitch artist stirs controversy — Patrick Amadon, NFT Creator
Patrick Amadon combines a passion for art and activism, and is articulate about how he intends for his work to have impact.
Self-described as a “digital disobedient,” the Los Angeles-based glitch artist has been no stranger to controversy, having made international headlines for his “No Rioters” digital billboard displayed at the Hong Kong Art Week in March that was eventually taken down for its political undertones.
He also made headlines when he pulled out of Sotheby’s first glitch show, taking a stance against a lineup of artists that featured no women or non-binary people.
(For the uninitiated, glitch art purposefully includes digital or analog errors.)
Like many other artists, Beeple’s historic $69 million NFT sale in March 2021 caught Amadon’s attention. He had been making digital art for over a decade prior but had no way to attribute value to it.
Crypto’s ‘pro-rioter’ glitch artist stirs controversy — Patrick Amadon, NFT Creator
Patrick Amadon combines a passion for art and activism, and is articulate about how he intends for his work to have impact.
Self-described as a “digital disobedient,” the Los Angeles-based glitch artist has been no stranger to controversy, having made international headlines for his “No Rioters” digital billboard displayed at the Hong Kong Art Week in March that was eventually taken down for its political undertones.
He also made headlines when he pulled out of Sotheby’s first glitch show, taking a stance against a lineup of artists that featured no women or non-binary people.
(For the uninitiated, glitch art purposefully includes digital or analog errors.)
Like many other artists, Beeple’s historic $69 million NFT sale in March 2021 caught Amadon’s attention. He had been making digital art for over a decade prior but had no way to attribute value to it.
AI and real-world assets gain prominence in investor discussions
Additionally, discussions concerning cryptocurrency prices have waned due to market volatility and stabilization.