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Altcoin Season Approaches as Key Indicators Flash Bullish Signals O3 Mining Starts Drilling on Globex’s Florence and Cameron Royalty Claims Bitcoin’s $100K milestone: Germany faces critique over premature BTC sale Senator Lummis files ‘Bitcoin Act of 2024’ bill proposing a US strategic BTC reserve Crypto Stocks Rally As Bitcoin Crosses 84K, BTC Mining Stocks Join The Rally US ETH ETFs Draw $48.73M on Monday; Grayscale’s $46.84M Outflow Dampens Impact Bitcoin dips to $66K as US moves $2 billion in seized BTC to unidentified wallets Tornado Cash dev Alexey Pertsev seeks more funding for legal appeal Cerrado Gold shares set to resume trading on TSXV Dogecoin Boom Over? Crypto Analyst Warns Of Sudden Sell Signal

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Altcoin Season Approaches as Key Indicators Flash Bullish Signals

The cryptocurrency market is showing signs of an impending altcoin season, a period characterized by a surge in the price of other assets relative to Bitcoin. Market participants often shift their focus and capital toward altcoins during this period. A number of key indicators are beginning to point to this gradual shift in market dynamics. This analysis delves into some of these factors. Altcoin Season May Be Underway One such indicator is the increasing trend in TOTAL3, a metric that tracks the total market capitalization of all cryptocurrencies, excluding Bitcoin and Ethereum. As of this writing, it stands at $933...

23.11.2024

O3 Mining Starts Drilling on Globex’s Florence and Cameron Royalty Claims

Author of the article: Published Nov 21, 2024 • 3 minute read Properties Outlined in Red Sold to O3 Mining GNW ROUYN-NORANDA, Quebec, Nov. 21, 2024 (GLOBE NEWSWIRE) — GLOBEX MINING ENTERPRISES INC. (GMX – Toronto Stock Exchange, G1MN – Frankfurt, Stuttgart, Berlin, Munich, Tradegate, Lang & Schwarz, LS Exchange, TTMzero, Düsseldorf and Quotrix Düsseldorf Stock Exch anges and GLBXF – OTCQX International in the US) is pleased to inform shareholders that O3 Mining Inc. (OIII-TSXV, OIIIF-OTCQX) have initiated a two drill, 8,000 metre exploration program on the Cameron and Florence sections of their Kinebik Project which straddles over 55...

21.11.2024

Bitcoin’s $100K milestone: Germany faces critique over premature BTC sale

Journalist Share this article Germany’s Bitcoin sales missed $2.3 billion gains as BTC hit the $100K milestone. Nation-states accumulate Bitcoin reserves, led by the U.S. with 208,000 BTC. Investors have been closely monitoring Germany’s Bitcoin [BTC] sales, and recent developments have reignited discussions about the strategy’s impact. Back in July, Germany sold 50,000 BTC at $57,600 per Bitcoin, securing $2.88 billion. However, with Bitcoin recently surpassing the $100K milestone and trading at $102,436.85, the decision now appears short-sighted. Is Germany’s Bitcoin sell-off a big mistake? If Germany had held onto its BTC reserves, their current value would have soared to...

06.12.2024

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Altcoin Season Approaches as Key Indicators Flash Bullish Signals

O3 Mining Starts Drilling on Globex’s Florence and Cameron Royalty Claims

Bitcoin’s $100K milestone: Germany faces critique over premature BTC sale

Senator Lummis files ‘Bitcoin Act of 2024’ bill proposing a US strategic BTC reserve

Renewed interest surges in Lummis's July proposal for a Strategic Bitcoin Reserve amid a Trump win and Bitcoin's new all-time high. Author: Cynthia Lummis X account Key Takeaways The Bitcoin Act of 2024 proposes a US Strategic Bitcoin Reserve to strengthen the dollar and maintain crypto leadership. The proposal includes acquiring 1 million Bitcoins over five years and using Federal Reserve remittances to fund the program. Senator Cynthia Lummis has introduced the Bitcoin Act of 2024, which is now in the initial stage of the legislative process. For the proposal to become law, it must first pass through the Senate...

Crypto Stocks Rally As Bitcoin Crosses 84K, BTC Mining Stocks Join The Rally

Bitcoin (BTC-USD) reached a record high on Monday, trading just under $85,000 on Monday morning while pushing several stocks tied to the crypto trade and the post-election rally higher to start the week in the aftermath of the Trump victory. COIN, HOOD Record Impressive Gains Coinbase stock and shares of other crypto-related companies were rising Monday as investors turned bullish. Coinbase (COIN) was up more than 17% on Monday and has now skyrocketed about 70% in the past five trading sessions. Similarly, Robinhood (HOOD) also saw its stock rise more than 8% Monday and is now up more than 38%...

US ETH ETFs Draw $48.73M on Monday; Grayscale’s $46.84M Outflow Dampens Impact

On Monday, U.S. spot ethereum exchange-traded funds (ETFs) recorded their second-highest inflows since their inception. Approximately $48.73 million was added, yet the nine funds collectively remain in the red, with a deficit of $461.98 million, primarily due to significant outflows from Grayscale’s Ethereum Trust. Blackrock Leads $48.73M Inflows for U.S. ETH ETFs as Crypto Market Struggles Despite the broader crypto market enduring a sharp downturn during Monday’s trading, ETH-based ETFs in the U.S. posted gains, according to sosovalue.xyz stats. The $48.73 million in inflows was predominantly driven by Blackrock’s ETHA fund, which secured $47.09 million. Vaneck’s ETHV followed with $16.62...

Bitcoin dips to $66K as US moves $2 billion in seized BTC to unidentified wallets

Bitcoin dips to $66K as US moves $2 billion in seized BTC to unidentified wallets Assad Jafri · 2 weeks ago · 2 min read The unexpected move has triggered concerns among investors about a potential sell-off. 2 min read Updated: Jul. 29, 2024 at 8:17 pm UTC Cover art/illustration via CryptoSlate. Image includes combined content which may include AI-generated content. Bitcoin experienced a sharp decline to roughly $66,300 on July 29 after the US government transferred $2 billion worth of seized bitcoin (BTC) tied to the Silk Road marketplace. Arkham Intelligence revealed that a US government-owned wallet transferred 29,800...

Tornado Cash dev Alexey Pertsev seeks more funding for legal appeal

The legal battle surrounding Tornado Cash developer Alexey Pertsev has reached a critical juncture as he seeks additional funding to continue his fight for privacy rights and the freedom to publish code. According to the support account for Pertsev and Roman Storm, Pertsev, who was arrested two years ago and is embroiled in a high-stakes legal dispute, is now facing an uphill battle against government forces equipped with vast resources dedicated to his prosecution. The support account highlighted the dire financial situation, noting that Pertsev has exhausted his funds. “It’s time to take a stand with Alexey and fight for...

Cerrado Gold shares set to resume trading on TSXV

Cerrado Gold Inc. [CERT-TSXV, CRDOF-OTCQX] said it has been advised by the TSX Venture Exchange that trading in the company’s common shares will resume at the opening on August 8, 2024. The announcement comes just one day after Cerrado announced the results of a preliminary economic assessment (PEA) and updated mineral resource estimate for its Minera Don Nicolas mine in Santa Cruz Province, Argentina. A cease trading order was imposed, May 7, 2024 by the Ontario Securities Commission due to the company’s failure to file audited financial statements for the year ended December 31, 2023. Cerrado is a Toronto-based company...

Dogecoin Boom Over? Crypto Analyst Warns Of Sudden Sell Signal

After staging a massive rally, the Dogecoin price is currently in a consolidation phase. And this is also reflected in the technical indicators. Crypto analyst Kevin (@Kev_Capital_TA) is warning of a potential sell indicator. In his latest update on X, Kevin shared a weekly DOGE/USDT chart and outlined technical signs that traders should monitor closely. Dogecoin Price Analysis Kevin highlighted that Dogecoin is “printing a sell signal on the weekly time frame with the red dot appearing,” cautioning that this signal requires confirmation over the next week to solidify its validity. He identified a convergence of three strong technical indicators,...