Category Archives: MARKETS NEWS

MARKETS NEWS

BlackRock Announced the Date BlackRock is Waiting for Approval for Bitcoin Spot ETFs

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Cryptocurrency Journalist Charles Gasparino Announced the Date BlackRock is Waiting for Approval for Bitcoin Spot ETFs. According to Charles Gasparino’s sources, BlackRock, the world’s largest money management firm, is awaiting approval from the Securities and Exchange Commission (SEC) for its new Bitcoin spot ETF on Wednesday.

According to Charles Gasparino, other companies are also awaiting approval on the same day. Wednesday is already known as the SEC’s final decision-making date, and BlackRock sources have thus stated that they do not expect an approval before the deadline.

The news came amid reports of impending layoffs within the company. BlackRock plans to announce layoffs in the coming days that will affect about 3 percent of its global workforce, about 600 employees. According to a source familiar with the matter, these layoffs, which have not yet been reported, are considered routine within the company. Last year, BlackRock conducted a similar round of layoffs based on employee performance metrics.

BlackRock ended the third quarter of 2023 with $9 trillion in assets under management (AUM). However, the company has experienced significant asset declines since reaching a peak of over $10 trillion in 2022 due to volatile financial markets.

Source: bitcoinsistemi

Disclaimer: What is written here is not investment advice. Cryptocurrency investments are high-risk investments. Every investment decision is under the individual’s own responsibility.

MARKETS NEWS

1.2 Million Dollars of Bitcoin Sent to Satoshi Nakamoto’s Wallet.

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An unknown Bitcoin user sent 27 Bitcoins worth $ 1.2 million to Satoshi Nakamoto’s Genesis wallet. The Genesis wallet in question draws attention as the first wallet created in the Bitcoin network.

It is stated that the person who made the transfer due to the fact that the wallet is not in use cannot get the money back. The majority of the funds sent to Satoshi’s wallet were sent by a Binance user. Coinbase manager Conor Grogan made the following statements on Twitter: “Either Satoshi woke up and bought 27 Bitcoins from Binance, or someone burned a million dollars of money.”

The Genesis wallet is the first wallet created on the Bitcoin network. It was produced by Bitcoin creator Satoshi Nakamoto. Since Satoshi has never used his wallet and has never revealed his true identity, it is thought that the funds will not be returned.

Source: koinbulteni

Disclaimer: What is written here is not investment advice. Cryptocurrency investments are high-risk investments. Every investment decision is under the individual’s own responsibility.

MARKETS NEWS, POLITICS

Novogratz Statement: It’s Time to Buy Gold and Bitcoin

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Billionaire investor Novogratz said in a statement that now is the time to buy Bitcoin. After the problems with the banks, positive opinions continue to increase with Bitcoin.

Michael Novogratz, founder and CEO of Galaxy Digital, stated that the USA is heading towards a credit crisis and said, “Now is the time to buy gold, silver and Bitcoin.” Novogratz made assessments on the global economy in his statements to CNBC. “We will have a credit crisis in the US and globally,” Novogratz said. Stating that banks are rebuilding capital by lending less, Novogratz emphasized that it is likely that the interest policy will be reversed. He said that a dovish increase by the Fed would be a major policy mistake.

The banking crisis in the USA started with the bankruptcy of Silicon Valley Bank (SVB). Following SVB, Signature Bank also joined the list. Before the two banks, it was announced that Silvergate Bank would be liquidated. It is stated that First Republic Bank is also at risk of bankruptcy. On the other hand, there are problems originating from Credit Suisse in Europe. Bitcoin was withdrawn to $19,500 as an initial reaction to SVB’s bankruptcy. With the statements of US institutions, the decline in interest rate expectations and the positive inflation figures, Bitcoin rose to $ 26,500.

Source: Cointelegraph

Disclaimer: What is written here is not investment advice. Cryptocurrency investments are high-risk investments. Every investment decision is under the individual’s own responsibility.

MARKETS NEWS

Dogecoin rose 25% in 7 days. DOGE rise will continue

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While the crisis continues in cryptocurrencies, Dogecoin has been on the rise for a few days. The reason for the rise is of course Elon Musk again. SpaceX founder and Tesla (NASDAQ: TSLA) CEO Elon Musk announced the “DOGE-1 Moon Mission” in May 2021, but the launch was delayed. According to the information we have learned, the countdown has begun for the launch of SpaceX Falcon 9 with DOGE-1 and IM-1/NOVA-C lunar payloads, which will take off from Kennedy Space Center in Florida on January 14, 2023.

Solana leads the top 100, jumping 9% in 24 hours. Dogecoin November 25, Elon Musk told his 700,000 followers of crypto podcast host David Gokhshtein that Ethereum (ETH) co-founder Vitalik Buterin and the new Twitter (NYSE: TWTR) CEO will be working together soon. The altcoin has gained over 8% in 24 hours.

If the launch of the DOGE-1 lunar satellite goes as planned, it could cause Dogecoin to hit record highs, even surpassing its all-time high in May 2021.

Disclaimer: What is written here is not investment advice. Cryptocurrency investments are high-risk investments. Every investment decision is under the individual’s own responsibility.

MARKETS NEWS

Thomas Lee Reminded the Bitcoin Rise Forecast Again

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There are many different opinions regarding the Bitcoin price. Thomas Lee also reminded his prediction about BTC and stated that he will stick to the $ 200 thousand Bitcoin price prediction even if the current market is negative. We hope Thomas Lee is right, but when?

When there was a big bull season in 2021, Bitcoin reached up to $ 69,000. But Bitcoin did not stay long at $ 69,000. So, will a big bull season come again, and if it will, when will it come? The answer we’ve all been waiting for.

Leading Wall Street strategist Thomas Lee, co-founder of Fundstrat Global Advisors, thinks the cryptocurrency will eventually make a comeback.

source: coingape

Disclaimer: What is written here is not investment advice. Cryptocurrency investments are high-risk investments. Every investment decision is under the individual’s own responsibility.

MARKETS NEWS

Testing of the new version of Bitcoin Core begins

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It is not essential to be a software programmer to test the new version of Bitcoin Core. The main candidate of the main client (or software) to run Bitcoin is already ready. It’s up to the user community alone to verify the behavior of the improvements and standardized functions. The release of a guide makes testing easier.

The new version of Bitcoin Core will be number 24. New versions of this software are released publicly every six months (and sometimes a little more). Earlier the community has the possibility to run various tests. This software candidate has been tested since the beginning of September.

You can create a wallet for testing or use an existing wallet. Restore or backup. Verify that scales and labels are correct.

Tomorrow, September 28, there will be a joint review (Bitcoin Core PR review club) to talk about Bitcoin Core 24 for an hour.

Source: criptonoticias
Testing Bitcoin Core 24.0 Release Candidates: bitcoincore.reviews

Disclaimer: What is written here is not investment advice. Cryptocurrency investments are high-risk investments. Every investment decision is under the individual’s own responsibility.

MARKETS NEWS

Is Bitcoin price in the hands of new investors?

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Transfer volume from wallets increased from a peak of 8% in January 2021 to 0.4% in September 2022, according to analytics firm Glassnode. It is underlined that the dominant behavior of investors is refusing to sell their bitcoins “despite extremely uncertain global markets”. This was stated by Glassnode in its latest report, and the oldest coins are considered to be the most inactive.

According to Glassnode researchers, it is clear that those holding their bitcoins are not interested in selling at these price levels due to the volatility of the past year. First of all, they are the most experienced who have overcome several previous bearish cycles.

glassnode.com taken from page

The report claims that “almost all market activity is driven by young coins that have repeatedly changed hands.” So, the price of the coin fluctuates mainly due to the movements of those who bought bitcoin less than 6 months ago.

Detail: glassnode.com

Disclaimer: What is written here is not investment advice. Cryptocurrency investments are high-risk investments. Every investment decision is under the individual’s own responsibility.

MARKETS NEWS

Why did bitcoin crash? What is the reason for BTC falling below 20K

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Bitcoin had risen to $ 20,381 yesterday. Investors rejoice at every rise, but BTC is falling again. So why did BTC drop below 20K?

Bitcoin had reached its highest level in a few days. Not only cryptocurrencies but also US stocks fell. Benchmark stock indexes fell this Tuesday, with the S&P 500 and Dow trading 0.7% and 0.6% lower, respectively. Bitcoin is still notable with its 4.47% depreciation in September after losing 13.5% in July. On the other hand, the major cryptocurrency fell 72.28% from its record high.

The reason for the Bitcoin crash this time is not Jerome Powell. BTC, which could not pass the resistance zone, seems to be more dominant, going in the downward direction. Bitcoin’s rise and fall could possibly be related to recent sales in stocks. The S&P 500 hit 3,631, its lowest level since November 2020, after a 0.71% pullback today.

Disclaimer: What is written here is not investment advice. Cryptocurrency investments are high-risk investments. Every investment decision is under the individual’s own responsibility.

MARKETS NEWS

Crypto market cap drops to $1.1 Trillion

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The cryptocurrency fell to the 26 thousand band of Bitcoin (BTC). As the value of cryptocurrencies decreases, its market enters a bearish trend. Cryptocurrency exchanges were also affected by such a rapid decline. According to the information we learned, the total market value of cryptocurrencies decreased to 1.1 trillion dollars.

Cryptocurrency market continues to decline and how much more will it fall. In August 2021, the cryptocurrency market reached a value of $ 2 trillion. But later on, the value also declined with decreases. There has been a massive decline in the overall value of the cryptocurrency market, driven by the recent slump.

In addition, USDT fell to the level of $ 0.95 on all cryptocurrency exchanges.

MARKETS NEWS

How low will Bitcoin go, will it drop to $28,000?

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Bitcoin and altcoins fell very fast. So how much will Bitcoin drop, will it drop to $28,000? famous analyst comments. The month of May was not good for the coin market. Bitcoin and altcoins started very low. And still, the cryptocurrency market continues to decline.

Bitcoin has lost a lot of value in the last 24 hours, falling as low as $ 30,380. Ethereum also fell heavily, dropping as low as $2,260 on Sunday evening and losing its support point. However, some experts have warned that the continued gains of the US Dollar Index (DXY) could push Bitcoin, Ether, Cardano, Solana, Shiba Inu and other cryptocurrencies into further corrections.

Darshan Bathija, co-founder and CEO of Singapore-based crypto platform Vauld, said: “The Nasdaq 100 has dropped once again for its fifth week in a row. The crypto markets are moving at the same pace as the stock market, and what we’re seeing right now is investors’ interest in Bitcoin. He sees i as a risky asset. In light of fears of rising inflation, many investors have taken a risk-averse approach by selling stocks and crypto to mitigate risk.”

Peter Brandt wrote on his twitter account on May 1, 2022; He said that the Bitcoin price could drop to $28,000. Today, reevaluating its stance, the revised support target is “buy when everyone else is selling, sell when everyone is buying”.

Disclaimer: What is written here is not investment advice. Cryptocurrency investments are high-risk investments. Every investment decision is under the individual’s own responsibility.