Bitcoin Chases New All-time Highs, Altcoins Gear Up to Follow

Key points: Solid inflows into spot Bitcoin ETFs show that bulls are back in the driver’s seat and a rally to a new all-time high is likely. BNB is leading the altcoin recovery, with several altcoins poised to break above their overhead resistance levels. Bitcoin (BTC) rose close to $123,900 on Friday, continuing its march…

Bitcoin ETFs UP, Bitcoin And Stablecoin News

Today in crypto, Stripe CEO says stablecoins will force banks to offer users real interest on deposits, US-listed spot Bitcoin exchange-traded funds (ETFs) kicked off October with billions in inflows, and a crypto executive predicted the Bitcoin price cycle will endure. Stripe CEO says stablecoins will force banks to offer users competitive interest on deposits…

Bitcoin’s ‘Bull Flag’ Breakout Targets $145K in October

Key takeaways: Another Bitcoin price pullback to $117,000 is possible before the uptrend resumes. A classic chart pattern puts BTC price on course for $145,000 in the next few months. Bitcoin (BTC) reached a six-week high of $119,500 on Thursday, following a 10% rise from its local low of $108,650 seven days prior. BTC has…

Stablecoin Yield Means Banks Must Now offer Customers Real Interest

Stablecoins, tokenized versions of fiat currencies that move on blockchain rails, will eventually force banks and other financial institutions to offer customers yields on their deposits to remain competitive, according to Patrick Collison, CEO of payments company Stripe. The average interest rate for US savings accounts is 0.40%, and in the EU, the average rate…

Bitcoin ETFs UP, Bitcoin And Stablecoin News

Today in crypto, Stripe CEO says stablecoins will force banks to offer users real interest on deposits, US-listed spot Bitcoin exchange-traded funds (ETFs) kicked off October with billions in inflows, and a crypto executive predicted the Bitcoin price cycle will endure. Stripe CEO says stablecoins will force banks to offer users competitive interest on deposits…

Stablecoin Yield Means Banks Must Now offer Customers Real Interest

Stablecoins, tokenized versions of fiat currencies that move on blockchain rails, will eventually force banks and other financial institutions to offer customers yields on their deposits to remain competitive, according to Patrick Collison, CEO of payments company Stripe. The average interest rate for US savings accounts is 0.40%, and in the EU, the average rate…

Crypto Network Revenue Declined by 16% in September — VanEck

Network revenues across the blockchain ecosystem declined by 16% month-over-month in September, mainly due to reduced volatility in the crypto markets, according to asset manager VanEck. Ethereum network revenue fell by 6%, Solana’s fell by 11%, and the Tron network recorded a 37% reduction in fees, due to a governance proposal that reduced gas fees…

Bitcoin ETFs UP, Bitcoin And Stablecoin News

Today in crypto, Stripe CEO says stablecoins will force banks to offer users real interest on deposits, US-listed spot Bitcoin exchange-traded funds (ETFs) kicked off October with billions in inflows, and a crypto executive predicted the Bitcoin price cycle will endure. Stripe CEO says stablecoins will force banks to offer users competitive interest on deposits…

Bitcoin’s Key Trends Suggest BTC Price Still Has Plenty of Room to Run

Many investors are currently viewing bitcoin through an end-of-cycle lens, suggesting that Q4 could mark the close of the current market cycle. However, two key metrics point to the possibility that the bull market may actually be in its early stages. Glassnode data shows that the 200-week moving average (200WMA), which smooths bitcoin’s price over…

JPMorgan Analysts Predict $165K BTC Price

Key takeaways: Wall Street’s year-end Bitcoin forecasts range from $133,000 to as high as $200,000. Most agree that persistent Bitcoin ETF inflows and gold correlation may shoot BTC to new record highs. Bitcoin (BTC) has bounced by over 13% in the past seven days and is inching toward its record high of $124,500. BTC/USD daily…