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Bitcoin has gained bullish momentum over the past week. Despite the green market conditions, the flagship digital currency has already faced some selling pressure . According to a tweet by the market analyst platform CryptoQuant, Bitcoin (BTC) should stay above the $32,000 mark to stay bullish and even “trigger a substantial price surge.”  Fund Market Premium's Role in Bitcoin's Performance " If this metric persists in its upward trend and the price of Bitcoin surpasses the critical level of $32,000, it could trigger a substantial price surge." by @OnchainTarek Linkhttps://t.co/ejVkkBbWPA — CryptoQuant.com (@cryptoquant_com) October 25, 2023 The market analyst believes that the “current scenario suggests a positive outlook for Bitcoin’s price.” You might also like: Lawyer suggests Bitcoin ETF approval expected by end of the year According to data provided by the market intelligence platform Santiment, Bitcoin’s whale activity and social v...

Dunamu would open offices in major cities and create about 500 new startups focused on NFTs and the Metaverse. Dunamu, a major fintech firm in South Korea that operates crypto exchange Upbit and several other Blockchain and securities platforms, is planning to invest 500 billion won ($380 million) to create about 10,000 new Web3 jobs in the next five years. The firm is reportedly considering offering specific software and funding to encourage more firms to join the Web3 industry. The $380 million investment is a part of Korea’s efforts to lead the Web3 race, reported Korea JoongAng Daily. Dunamu has already invested about 88 billion won ($67 million) since 2018 toward blockchain-centered firms. Dunamu CEO Lee Sirgoo said in a statement: “We plan to strengthen the competitiveness of domestic industry through an active investment and creation of jobs of the newly growing future industries, like blockchain, nonfungible token (NFT) and the metaverse.” The fintech giant aims to open offi...

The number one attribute to succeed in the crypto industry is a “start-up mentality” and the ability to “roll with the punches," a crypto recruiter tells Cointelegraph. The ongoing crypto winter has seen budgets and jobs slashed, but the search for top-tier talent hasn’t stopped across several Web3 verticals, according to some crypto recruitment firms. Speaking to Cointelegraph, Kevin Gibson, founder of crypto recruiting firm Proof of Search said that the majority of staff cuts in the crypto market have been from centralized exchanges , most notably the 18% staff cut at Coinbase in June, 10% cuts at Gemini in July, and the 5% cut at Crypto.com. Despite this, he said there is “still a great deal of demand” for crypto job seekers to get work with “Game-Fi, Metaverse, De-Fi and NFT-oriented companies.” Gibson explained that crypto job boards continue to be dominated by developer and engineer roles, adding there is also “a shortage of experienced CTO, CMO, and token experts.” Unfort...

Bitcoin (BTC) has dropped from the $29,000 mark for the first time since June 22. The downward movement comes as the broader crypto market witnesses a $21 billion fall. The flagship cryptocurrency is down by 1.5% in the past 24 hours, trading at around $28,930 when writing. Its total market capitalization is $562.6 billion.  Total crypto market cap | Source: CoinMarketCap Along with Bitcoin’s fall, the global crypto market cap has also declined by 1.7%, according to CoinMarketCap (CMC) data. It dipped from $1.185 trillion to $1.164 trillion at the time of writing. Moreover, Santiment’s data shows that Bitcoin’s price decline is associated with the asset’s one-day price volatility , rising from 0.0028 to 0.0035.  BTC price, volatility and $1m whale transactions on Aug. 31 | Source: Santiment Per Santiment, the current price volatility of Bitcoin is still far from its local top of 0.011 on July 14, when BTC was trading at around $31,350. The high volatility comes with the su...

Bitcoin pumped to an intraday high of over $20,400 Tuesday, closing a four hour candle above $20k and two above the October monthly open ($19,411). Bitcoin is now up 3-4% this month, although most of that move took place in the last 24 hours - the Bitcoin price has largely been trading sideways for over 100 days since the yearly lows in mid June. Will Bitcoin recover higher, or is this move a fakeout / bull trap? Bitcoin Price Predictions With Bitcoin's pump today many analysts have speculated on a short term Bitcoin price forecast: Jacob Bury Our resident CryptoNews analyst Jacob Bury sees the Bitcoin price potentially rallying higher to $27k where he expects it to be rejected on its first attempt to reclaim the 2021 lows ($28,700) as the overall macro trend is still bearish. '#Bitcoin might be headed towards $27k, but we are still in a bear market , expect rejections. #cryptonews #btc #crypto' That approximate Bitcoin price target is shared by many t...

Join Our Telegram channel to stay up to date on breaking news coverage This lesson, that nothing is stable, seems to be the overarching theme of all of 2022. What this means for your job, finances, and way of life, and for everything else, is completely unpredictable. Then why single out cryptocurrency for its sensitivity to market forces??? Bitcoin, the first decentralized digital money, has proven itself to be the world’s savior by redefining efficiency, openness, and trustworthiness in financial transactions. We owe a debt of gratitude to the innovation known as Blockchain. What does the future hold for Bitcoin, the cryptocurrency industry’s standard bearer, despite the fact that it has withstood turbulent market conditions? Looking At Bitcoins Price from a Technical Lens With a current price of $19,086.98, a market size of $366,203,862,174, and a 24-hour trading volume of $27,097,274,450, Bitcoin is clearly one of the most popular cryptocurrencies out there. W...

Join Our Telegram channel to stay up to date on breaking news coverage Bear markets remain a good time to buy crypto asset s. The best strategy for investors in a bear market is to find the right tokens in preparation for gains in the future. This article analyses some of the top cryptos to buy for long term returns this month. Dash 2 Trade (D2T) One of the top cryptos to buy this October is D2T. The digital asset is the platform token for Dash 2 Trade, a leading research and analytics platform looking to help investors improve the quality of their market research and streamline their investment processes. Dash 2 Trade was built by Learn 2 Trade, a top crypto education platform with over 70,000 members. The platform offers a broad range of benefits, including on-chain analysis, chart signals, exchange listing alerts, and trading competitions for winners to earn rewards. With D2T, Dash 2 Trade’s users can pay for the platform’s Starter and Premium tiers. Both ...

Veteran investor Jim Rogers, who co-founded the Quantum Fund with billionaire investor George Soros, expects the bear market to get much worse, adding that this recession will be the worst in his lifetime. “We are probably going to have one last rally but that will be it,” he predicted. “Then we are coming to the end of the line. Be worried.” Jim Rogers on the Worst Recession in His Lifetime Famed investor Jim Rogers shared his view about the U.S. economy in an interview with Business Today, published Monday. Rogers is George Soros’ former business partner who co-founded the Quantum Fund and Soros Fund Management. He was asked if right now is “the beginning of an impending recession, the worst ever like it’s been predicted by some.” Rogers replied: Well, before this is over, yes, it’s going to be the worst in my lifetime. “In 2008, we had a problem because of too much debt,” he explained. “But since 2009, the debt e...

Disclaimer: The Industry Talk section Features insights by crypto industry players and is not a part of the editorial content of Cryptonews.com. MetaBlaze is a new crypto play- to-earn project that allows players to earn other crypto coins while playing. With most new P2E crypto games rewarding players with their native tokens - some of which end up having little to no value - MetaBlaze is developing the first revolving rewards pool that will land players Bitcoin, Ethereum, Solana, and BNB. It is a unique offering that should ensure continued interest in the ecosystem as players return for the chance to win some of the top coins in the space. MBLZ Presale Close to Sell Out  MetaBlaze players will earn some of the top coins on the market but that's not to say that the MBLZ token will be without value itself. In fact, the token is central to all gameplay in the MetaBlaze universe. Not only will it act as a governance token for a decentralized autonomous organiza...