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Stay up-to-date on the most trending topics in crypto with our professional and in-depth news.

Altcoin Season Hopes Fade as US Election Buzz Fuels Bitcoin Dominance
Altcoin Season Hopes Fade as US Election Buzz Fuels Bitcoin Dominance

Bitcoin dominance is surging, driven by demand for BTC ETFs, weakening prospects for altcoin season as the 2024 U.S. election nears.

BeInCrypto·2024/10/30 15:30
Ethereum (ETH) Price Climbs as 361,000 ETH Exits Exchanges
Ethereum (ETH) Price Climbs as 361,000 ETH Exits Exchanges

ETH's 7% rise shows bullish momentum, yet whale hesitation signals mixed sentiment. A major exchange outflow indicates long-term confidence.

BeInCrypto·2024/10/30 14:30
Solana (SOL) Price Sends Mixed Signals Amid Weakening Uptrend
Solana (SOL) Price Sends Mixed Signals Amid Weakening Uptrend

Solana (SOL) has risen by 14.29% in the past month. Bullish indicators remain, but low trend strength and resistance levels may limit gains.

BeInCrypto·2024/10/30 13:30
Bitcoin is enjoying a small breakout, but election volatility still to come
Bitcoin is enjoying a small breakout, but election volatility still to come

Option premiums and estimated daily volatility for bitcoin are projected to rise significantly around Nov. 6-8

Blockworks·2024/10/30 04:23
‘Trump trade’ and derivatives market optimism help bitcoin gain ground ahead of US election: analysts
‘Trump trade’ and derivatives market optimism help bitcoin gain ground ahead of US election: analysts

With November 5 approaching, Bitfinex analysts suggested that election-driven momentum, strong technical indicators, and elevated derivatives positioning point to an improving price outlook for bitcoin.However, they cautioned that short-term volatility is likely in the days following the election as markets react to the results and the potential for shifting macroeconomic conditions.

The Block·2024/10/30 04:00
Flash
  • 05:29
    Brave releases BAT 3.0 roadmap, entering a new era on the chain
    Brave is a privacy-focused internet browser designed to change the digital advertising relationship with customers. BAT is the platform's native token used as a payment mechanism between advertisers, publishers, and users.   On November 28th, the Brave team officially released the 2025 BAT Roadmap 3.0, detailing future improvement plans, including: Reward system upgrade: enhancing the reward experience for users and creators. Multi-chain support: launching multi-chain self-hosting function to expand ecological coverage. Creator tool improvement: providing more resources to support content creators and help community building. This update marks an important step in Brave's on-chain development strategy, providing users with a richer Web3 experience!
  • 05:11
    Wintermute withdrew a value of 5.33 million USD from CEX WIF
    According to ai_9684xtpa monitoring, in the past 13 hours, Wintermute has withdrawn a total of $5.33 million worth of WIF from CEX, and its coin price has also rebounded by 3% in the last 24 hours. The whale that took advantage of the WIF's pullback of 12.5% three days ago to build a position with $2.05 million is now making a floating profit of $40,000.
  • 05:09
    Before Thanksgiving, US stocks collectively fell, and the October PCE data met expectations, boosting the probability of a rate cut
    The report released on Wednesday showed that although the Federal Reserve's favorite inflation indicator met expectations, data for October rebounded from September. This data supports the Fed's more cautious stance on interest rate cuts, but market expectations for a December rate cut were not suppressed. According to monitoring, the three major US stock indices collectively closed lower on Wednesday, ending their recent upward trend. The Dow fell 0.31%, and the S&P 500 index fell 0.38%, ending seven consecutive days of gains; most large-cap tech stocks declined. US stocks will be closed for one day on Thursday and will close three hours early on Friday. Traders seem to have taken profits from this year's well-performing large-cap tech stocks, leading to a 0.60% drop in Nasdaq among the three major indices. Earlier this week, Bitcoin experienced a decline due to some investors taking profits when prices approached historical milestones. On Wednesday, the cryptocurrency market collectively welcomed a strong rebound with Bitcoin rising nearly 4.4% within nearly 24 hours and Ethereum surging over 10%. This boosted crypto concept stocks across the board with MicroStrategy up by 9.94% and Coinbase up by 6.03%. In terms of foreign exchange commodities, as Thanksgiving Eve was quiet in markets which led to weak dollar trends falling about approximately .9% touching two-week lows while non-US currencies generally rose; news of Sunday’s OPEC+ meeting possibly delaying production increase plans supported oil prices with WTI crude closing slightly lower on Wednesday while Brent roughly remained flat; gold prices rose on Wednesday but after data showed stagnation in inflation progress suppressing interest rate cut expectations later narrowed its gains.
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