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The crypto market hit an all-time high this week as Bitcoin again shattered records. But can bulls sustain the momentum throughout the entire month of Uptober? Source: decrypt.co (Read Full Article)
Bitcoin Hits Record High of $126,000: Crucial $124,000 Level Key for Bulls Amid Overheating Concerns
Bitcoin recently reached a new all-time high above $126,000 and retraced back to around $123,200. Market analysis suggests that $124,000 is a crucial level for Bitcoin bulls to maintain. There are concerns about the surge in open interest on Bitcoin derivatives markets, indicating potential overheating. Institutional demand and ETF flows are seen as crucial for Bitcoin’s bull run to continue. QCP Capital notes that Bitcoin’s recent surge may seem overdone but mentions factors like gold performance and low Bitcoin reserves on exchanges as positive indicators. Institutional participation and macroeconomic factors will play a significant role in determining whether Bitcoin’s recent rally will sustain. The article emphasizes that readers should conduct their own research before making investment decisions. [Original Post] Generated by DMK News Bot
S&P’s New Index Blends 15 Cryptos With 35 Crypto-Linked Stocks
Dinari will issue a blockchain-based token that tracks the performance of the index on-chain. Source: coindesk.com (Read Full Article)
Bitcoin Miners Posted Record Profits in 2Q as HPC Push Accelerated, JPMorgan Says
Rising bitcoin prices, improved efficiency, and heavy investment in high-performance computing fueled a strong second quarter for miners, the bank said. Source: coindesk.com (Read Full Article)
CEA Industries Total BNB Holdings Rise to 480K as Token Hits Record High
The value of CEA’s BNB holdings has moved to over $625 million, BNB itself reaching a new all-time high above $1,310. Source: coindesk.com (Read Full Article)
Bitcoin Cools but Analysts Remain Upbeat. Why?
One observer said that BTC could surpass $140,000 by year’s end. Source: decrypt.co (Read Full Article)
Filecoin Confronts Persistent Selling Pressure as Token Slumps 4%
The crypto broke through multiple support levels on high volume. Source: coindesk.com (Read Full Article)
Bitcoin Dips to $122K as Crypto Rally Gets Overheated. What Next?
The pullback was a broad one, with altcoins like SOL, ADA, and XRP suffering even steeper declines. Source: coindesk.com (Read Full Article)
CleanCore's Dogecoin Treasury Tops 710M Tokens, Booking $20M+ Gain
The company has been acquiring DOGE since early September using proceeds from a $175 million private placement. Source: coindesk.com (Read Full Article)
IREN Declines 6% on $875M Convertible Note Offering
The hot-handed bitcoin miner turned high-performance computing play could raise as much as $1 billion in the note sale. Source: coindesk.com (Read Full Article)