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Cryptocurrency prices today continue to provide great optimism to investors around the world. Bitcoin (BTC) price remained above $68,000 today. Meanwhile, Ethereum (ETH), Solana (SOL), and XRP prices rose between 3% and 7% during the day. At the same time, Apecoin (APE) emerged as the day's top gainer, surging nearly 50%. Additionally, the global cryptocurrency market capitalization increased by 1.23% to $2.37 trillion. Furthermore, the total market value increased by 57.91% from the previous day to $65.76 billion. Here is a quick summary of some of the top cryptocurrencies by market capitalization and their price changes as of today, October…
Bitcoin rose 0.8% on October 21, hitting a three-month high of $69,400. This is the highest level since July, and the world's largest cryptocurrency is up 18% since October 10th.Bitcoin hit its highest since July at $69,487 in early trading, before closing up 0.5% at $69,100. The world's largest cryptocurrency rose 9.6% last week and is up more than 8% in the month so far.“Things are looking pretty good for Bitcoin here,” IG market analyst Tony Sycamore told Reuters, adding that it could continue to rally.According to a report from Bloomberg, Bitcoin remained near the $70,000 level, with smaller tokens…
Vitalik Buterin calls for decentralization of proof-of-stake as Ethereum faces 'biggest risk'
ethereum dad Co-founder Vitalik Buterin cited centralization as the “biggest risk” of blockchain. According to Buterin, approximately 80% of all transactions on Ether are verified or influenced by just two parties. The programmers' latest blog post evaluates several methods to deal with increasing centralization, including setting staking limits and creating encrypted memory pools. Despite the perceived problems, Ethereum has grown by 11.2% over the past week. The cryptocurrency market is healthy again, with Ethereum being one of the biggest winners over the past week. Even though many in the community believe that Ether has had an up-and-down year, Ether coin…
Written by Lei WeeSINGAPORE (Reuters) – Asian stocks bounced back and forth in positive territory on Monday, weighed down by falling Chinese stocks, but Bitcoin hit a three-month high as “Trump trading” continued to rise.Gold has once again hit record highs in the wake of the Middle East conflict and the extremely close US presidential election, with the yellow metal expected to remain popular amid global uncertainty.Optimism over the Chinese government's package of stimulus measures first announced in late September has turned to caution in recent days as investors focus on details of further fiscal support from policymakers. are.China lowered…
Bitcoin, Ethereum, Dogecoin on the rise as 'Uptober' may finally arrive: Analyst predicts bullish breakout for King Crypto, ETH rally to $3,300 – Grayscale Bitcoin Mini Trust ( BTC) Common unit of undivided beneficial interest (ARCA:BTC)
Major cryptocurrencies maintained their bullish momentum over the weekend, raising expectations for new all-time highs. cryptocurrencyGain +/-Prices (recorded at 8:45 p.m. EDT)Bitcoin BTC/USD+1.26%$69,123.24Ethereum ETH/USD +3.79%$2,744.10dogecoin doge/usd +0.96%$0.1444 what happened: Bitcoin It rose above $69,000 late in the evening, its lowest level since the first week of June. The world's largest cryptocurrency rose 8.9% in October, a month that has historically averaged gains of more than 21%. Ethereum It soared to $2,750, its highest level since the August meltdown. The second-largest cryptocurrency soared nearly 12% last week. In the past 24 hours, 56,654 traders were liquidated, bringing the total amount liquidated…
The order book for Bitcoin futures remains loose. Bybit moves $3.3 billion worth of BTC to new wallet. Bitcoin price movement [BTC] The futures order book remains loose, creating a dynamic environment. Recent data from the Bitcoin Liquidations Heatmap shows increased activity, suggesting possible liquidations that could cause price fluctuations. This creates a playground for large companies to influence price movements in the zone between $67,500 and $69,500, which signals volatility. Because of competing futures positions in these zones, even relatively small amounts of capital can cause the price of Bitcoin to rise and fall rapidly. Source: Coinglass If Bitcoin…
SINGAPORE (Reuters) – Cryptocurrency Bitcoin hit a three-month high in early Asian trading on Monday, with the dollar set to extend its gains in the countdown to the U.S. presidential election in two weeks.Election polls show former President Donald Trump's chances of winning the Nov. 5 election are increasing, as his proposed tariff and tax policies will keep U.S. interest rates high and increase the odds of winning the Nov. 5 election. It is seen as likely to damage the currencies of trading partners, pushing up the dollar.Currency movements in major markets last week were driven by dovish interest rate…
New bull run? Ethereum (ETH) forms a cursed pattern, Solana (SOL) faces critical resistance level
Cover image (via www.freepik.com) Disclaimer: The opinions expressed by our writers are their own and do not represent the views of U.Today. Financial and market information provided on U.Today is for informational purposes only. U.Today is not responsible for any financial losses incurred while trading cryptocurrencies. Please contact a financial professional and conduct your own research before making any investment decisions. Although we believe that all content is accurate as of the date of publication, certain offers mentioned may not be currently available. With a 20% increase in profitability, Shiba Inu has emerged as a potential recovery, which could be…
Trader announces big price target for Ethereum rival, says meme coin will attract retail investors
A widely followed crypto strategist believes the little-known Ethereum (ETH) challenger will hit a huge price target this cycle. Pseudonymous trader Rager told his 199,100 followers on social media platform X that he is bullish on layer 1 protocol Phantom (FTM). Rager shared a chart that suggests FTM will reach a $3.31 price target by around April. “Late to market? People who say that aren't looking at FTM charts. And yes, in my opinion, this is a realistic goal for the next six months. ” Source: Rhaegar/X As of this writing, FTM is trading at $0.71, indicating the price could…
The introduction of cryptocurrencies was one of the key discussions among BRICS member states at a business forum held in Moscow on Friday. The BRICS (Brazil, Russia, India, China and South Africa) bloc is seeking to reduce its dependence on the Western financial system by introducing an alternative payment system to the SWIFT payment network. Encourages adoption of digital currency During the forum, Russian President Vladimir Putin urged BRICS member states to introduce cryptocurrencies and other digital currencies in financial transactions to reduce dependence on the US dollar. President Putin said he believed BRICS and other developing countries could benefit…