Category: Cryptocurrency News

submitted by /u/Rogerup [link] [comments]

In a pivotal announcement, the London Stock Exchange (LSE) has shared its plans to accept bitcoin and ethereum exchange-traded note (ETN) applications, signaling a significant shift toward incorporating digital currencies into mainstream financial markets. LSE Announces Acceptance of Crypto ETNs The launch of bitcoin (BTC) and ethereum (ETH) ETNs on the LSE platform marks a […]

Don't know if the person actually has it, but wouldn't still be a major security risk to anyone holding trezor wallets, except they should be extra careful with any emails. submitted by /u/madali0 [link] [comments]

submitted by /u/Illini005 [link] [comments]

Since the price of Bitcoin broke its previous all-time high, it has shown immense momentum, surging even higher, surpassing the $72,000 price mark, while leading the charge to what is considered the “biggest bull run in history.” Bitcoin Lengthening Cycles Beyond Previous All-Time High Many crypto analysts predict the world’s largest cryptocurrency will peak within the next few months following the surge. Some have even pinpointed the exact timeframe in which this might happen in this bull cycle. Related Reading: Analyst Predicts Bitcoin Super Cycle, Sets Price Target At $80,000 Rekt Capital, a cryptocurrency analyst and trader, has shared his insights on Bitcoin’s potential to top this bull cycle within the same timeframe as previous bull cycles. According to Rekt Capital, when Bitcoin breaks its old peak, it usually executes a “Bull Market Top” between 266-315 days. Given that BTC surpassed its previous all-time high last week, 266-315 days might be the approximate time of the next bull market peak. Specifically, this could happen around late November 2024 or very late January 2025. Even though this cycle is accelerating, Bitcoin’s days above its old peak seem to be taking longer. The post reads: Bitcoin broke its old All Time Highs last week, the next Bull Market Peak may thus occur in 266-315 days. That is very late November 2024 or very late January 2025. However, as fast as this cycle may be, it appears that the amount of days that Bitcoin spends beyond past all-time highs is actually lengthening. Drawing attention to the preceding bull cycles, the expert further emphasized that before topping out in 2013, “BTC’s surge lasted for 268 days.” Also, in 2017, it “topped out in 280 days,” indicating an increase of 14 days. Meanwhile, in 2021, the crypto asset “rallied for 315 days before reaching its peak,” indicating a 35-day increase compared to 2017. Therefore, this historical trend shows that BTC has exceeded past peaks by an average of 14 and 35 days. As a result, by adding the initial bull market peak timeframe of 266-315 days with the 14-35 days, Rekt Capital has pinpointed the coin to top out within 280 and 350 days. In particular, this could take place in the middle of December 2024 or in the middle of February 2025. Is BTC Breaking Its Preceding Pinnacle Too Early? Dennis Porter, the Chief Executive Officer (CEO) of Satoshi Action Fund, has revealed his optimistic view regarding BTC’s latest milestone. Porter mentioned that the asset reaching a new height marks the first time it has happened ahead of the halving event. Related Reading: Bitcoin ETF ‘Floodgates’ Are Just Opening, Says Bitwise CIO Amid $72,000 Surge According to the CEO, Bitcoin is witnessing a massive “fund inflow from institutional players not seen in the past.” He added, “many states are now seeking to enact legislation supporting BTC.” Thus, he has urged the community to remain unwavering, as “history is being made.” Featured image from iStock, chart from Tradingview.com

With bitcoin climbing over 50% in the past month, the notable gold aficionado and economist Peter Schiff has thrown shade at the market’s recent rally. Schiff argues that this uptick in value is nothing but “speculative mania” and advises folks to funnel their risky investments into gold instead. Schiff Warns of Speculative Mania in Bitcoin, […]

I'm going to be brief here The banking secrecy act and treasury proposal and oecd don't work for crypto, and it isn't going to get better, they will use it to terrorize the industry with felony imprisonment based on using UTXO junk forensics. These bills, and the conviction of Sterlingov are explicitly unconstitutional and violate…
Read more