Is Bitcoin overheated? Some believe the answer is hiding in PEPE

    Could Bitcoin be headed for an imminent pullback? Some crypto market observers believe the answer could be hiding within the price action of a frog-themed memecoin. In an Oct. 27 post on X (formerly Twitter), Onchain Capital co-founder and Crypto Banter host Ran Neuner suggested that memecoin Pepe is a strong indicator of overblown crypto market fever….

    ‘This is the trigger’ — Arthur Hayes says it’s time to bet on Bitcoin

    Bitcoin faces a “trigger” moment that keeps a $1-million BTC price tag in play, one of its household names says. In a blog post titled “The Periphery” released on Oct. 24, Arthur Hayes, former CEO of crypto exchange BitMEX, said that Bitcoin is already warning markets about the future. “Global wartime inflation” to drive Bitcoin and…

    Polygon launches POL token contract on Ethereum to eventually replace MATIC

    Polygon Labs has launched the Ethereum contract for the new Polygon token, POL, according to an Oct. 25 announcement. The new token is intended to replace the ecosystem’s current token, MATIC. However, the team said users presently don’t need to exchange their MATIC for POL. The POL token upgrade is now live on Ethereum mainnet. Polygon…

    Peter Brandt says Bitcoin bottom is in, but prepare for a ‘chopfest’

    Bitcoin may reach new all-time highs by the end of next year, but crypto investors should brace themselves for a “chopfest” in the meantime, according to veteran trader and analyst Peter Brandt. In an Oct. 26 post on X (formerly Twitter), Brandt told his 660,000 followers that Bitcoin had likely already bottomed in November 2022 and…

    Blockchain embraces gold to provide stability and growth for crypto assets

    As people look for a stable way to enter into the crypto market, this gold-backed digital ecosystem with a crypto token and NFTs offers a solution. Gold, a precious metal known for its scarcity and durability, has been the primary store of value since ancient civilizations. For thousands of years, people prized gold in their…

    Galaxy predicts 74% Bitcoin price increase first year after ETF launch

    Bitcoin’s price will increase 74.1% in the first year after spot Bitcoin exchange-traded funds (ETFs) are launched in the United States, according to estimates from crypto investment firm Galaxy Digital. In an Oct. 24 blog post, Galaxy Digital research associate Charles Yu estimated the total addressable market size for Bitcoin ETFs would be $14.4 trillion in the first…

    Crypto market sentiment at highest point since BTC’s $69K all-time high

    Bitcoin market sentiment has returned to levels not seen since its price reached $69,000 in mid-November 2021, according to the Crypto Fear & Greed Index. The index is now at 72 out of a total possible score of 100, placing it within the “greed” ranking — a six-point increase from Oct. 24 and a 16-point bounce…

    Tracking stolen crypto — How blockchain analysis helps recover funds

    Amid the rapid evolution of decentralized finance (DeFi) and the broader Web3 landscape, security is of paramount importance. New threats continue to emerge, making it essential to understand attack patterns for risk assessment and reliability evaluation. In 2023 alone, over $990 million was lost or stolen, according to Cointelegraph’s Crypto Hacks database. This growing demand…

    Regulators around the globe assert more control over crypto: Law Decoded

    In the last week, several major financial regulators, both national and international, simultaneously produced new guidelines for decentralized assets. The European Banking Authority and the European Securities and Markets Authority proposed guidelines for assessing the suitability of management members in crypto firms, offering standardized criteria for evaluating their knowledge, expertise, integrity and ability to dedicate adequate time…

    Bitcoin price rockets to $35K as ETF excitement grows

    The price of Bitcoin broke through the $35,000 mark for the first time since May 2022, marking a staggering gain in the past 24 hours. The price of Bitcoin suddenly spiked upward on Oct. 23, with BTC gaining more than 10% from $31,000 to over $34,000. Less than two hours after breaking $34,000, Bitcoin reached as…