
Bitcoin cycle bottom may already be in at $58K, says analyst James Check
Onchain analyst James Check says Bitcoin may have bottomed near $58,000 after two capitulations and warns against anchoring to an October low.
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Onchain analyst James Check says Bitcoin may have bottomed near $58,000 after two capitulations and warns against anchoring to an October low.

Financial advisor Ric Edelman states that the debate over investing in Bitcoin (CRYPTO: BTC) mirrors the 1999 skepticism surrounding Amazon.com Inc. (NASDAQ:AMZN), predicting the digital asset will become a widely held portfolio asset. The Amazon Trajectory Speaking on BMTV, the Edelman Financial Engines founder noted that the financial industry's dialogue around Bitcoin is a temporary phase.

On Thursday, the U.S. Treasury Department designated Iranian cryptocurrency exchange BitBank, alleging the platform facilitated the transfer of hundreds of millions of dollars worth of Bitcoin to Iran's Islamic Revolutionary Guard Corps.

Ethereum's development team has officially designated October 6 as the activation date for testing the Glamsterdam upgrade on Sepolia. This announcement was accompanied by security warnings regarding a vulnerability that could compromise the testing process.

JPMorgan says Bitcoin's defensive hedging could fuel outperformance vs gold. BTC price analysis, key levels, and an emerging Bitcoin Layer 2 presale.

Following the apparent compromise of Input Output Group's YouTube channel, which started airing phony content featuring Cardano founder Charles Hoskinson, Cardano users are now at risk of an active scam.

The hijack lands during a rough stretch for crypto security, just days after a fintech's leaked data turned into a Bitcoin ransom demand.

Five XRP Ledger addresses that didn't exist until about a day earlier now hold 100 million XRP each, and every one was created by the same Uphold wallet that filled it. The Alert That Lit up XRP Twitter A burst of posts on Sept.

Solana now targets four slots per second, giving users faster transaction updates without raising the network's processing ceiling.

Cardano's holders are in an interesting position right now.

Corporate treasuries slow Bitcoin buying as public firms add just 5,900 BTC, leaving a key demand source weak during the rebound.

Solana maintained its position above the psychologically significant $100 threshold on Wednesday following a roughly 5% increase over the preceding 24-hour period. During this analysis, SOL was exchanging hands near $101.32, demonstrating stronger performance compared to the wider cryptocurrency marketplace.

The cryptocurrency XRP has fallen beneath the $1.30 mark following Tuesday's 7.3% decline, representing approximately a 23% retreat from its recent peak near $1.68. The token recorded $4.12 billion in trading activity over the last 24-hour period, while maintaining a market capitalization around $81.68 billion.

Robinhood Ventures Fund I (RVI) invested about $25 million in Crusoe, a firm that once mined Bitcoin but now focuses on AI data centers. The deal, which closed on August 31, was part of Crusoe's $3.9 billion Series F fundraising round.

The XRP Ledger has received a major software upgrade aimed at making the network more efficient and stable.