Bitcoin Breaks $65K, as Price Action Compared to Prior U.S. Election Cycles
Trading firm QCP Capital said the move was similar to BTC’s price action in 2016 and 2020 before the U.S. elections.
Trading
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Altcoin Selling Pressure Looms as $500M in Token Unlocks Scheduled This Week
Unlocks increase the total available supply of a certain token but don’t necessarily hit the open market immediately.
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Bitcoin on Track for Record Sideways Action, With Eyes on November Elections as Bullish Catalyst
Bitcoin’s boring price action, characterized by continued accumulation by small investors, is being attributed to several reasons. including the U.S. election uncertainty and renewed uptick in the U.S. Treasury yields.
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Trump-Themed PoliFi Tokens Buck Bitcoin Downtrend as China Stimulus Hopes Return
Trump’s odds of winning the U.S. presidential election have surged to a more than two-month high. Plus, the market is stagnant despite hopes of another round of stimulus in China.
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Bitcoin Flat Near $61K as Whales Continue to Accumulate; XRP Down 10% as SEC Appeals Case
PLUS: AI tokens not moving despite a $6.6 billion fundraise from OpenAI.
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Robinhood Introduces Crypto Transfers in Europe as It Doubles Down on Expansion
Robinhood customers in the European Union can now transfer more than 20 cryptocurrencies, including include bitcoin, ether, solana and USD coin, in and out of the trading app.
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Memecoin Launchpad GraFun Crosses $250M in Volume on BNB Chain Release
Memecoin-related tools are helping the crypto industry cater to more mainstream users than other crypto uses, according to B, a Floki core developer.
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Bitcoin Prices Show Positive 30-Day Correlation With China’s Central Bank Balance Sheet
“The new inflow of cash could indirectly push up the price of bitcoin, particularly in the long term perspective,” one analyst said.
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GraFun, Supported by Floki and DWF Labs, Brings Memecoin Frenzy to BNB Chain
FLOKI tokens could see a price jump as the project’s closeness to GraFun boosts its fundamentals.
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Bitcoin Holds Above $64K as China Stimulus Sends Conflux’s CFX, Dog Memes Running High
Bitcoin rose by 3%, trading above $65K with U.S. spot bitcoin ETFs seeing one of their largest inflow days at $365 million,