Cryptocurrency News Today TheBitTimes.com

The Bitcoin price rose 2% in the last 24 hours to trade at $63,542 as of 03:16 a.m. EST on trading volume that surged 69% to $20.7 billion. This comes as investment adviser Metaplanet, known as Japan’s MicroStrategy, said it bought another $6.7 million worth of BTC, pushing its holdings to 639.5 BTC, worth approximately $40.6 million. *Metaplanet purchases additional 108.78 $BTC* pic.twitter.com/Pz2AHupm1T — Metaplanet Inc. (@Metaplanet_JP) October 7, 2024 In May, the company adopted BTC as a reserve asset to hedge against the volatility of Japan’s native currency. It now has the second-largest Bitcoin stash among Asia-listed companies, behind Meitu with 941 BTC. Bitcoin Price Could Continue Soaring According to the 1-day chart, the Bitcoin price shows that BTC has been trading between $56,000 and $72,000, according to data from GeckoTerminal . A recent downtrend below the $56,000 support caused the price of Bitcoin to form an inverse head and shoulders patte...

The SPX6900 price surged  270% in the past week and 22% in the last 24 hours to trade at $0.2309 as of 4.50 a.m. EST on trading volume that skyrocketed 53% to $20.5 million. The SPX price started climbing around September 27, when AscendEX announced that it it would list SPX6900 and pair it against USDT. 🚀#AscendEX is thrilled to announce the @spx6900 ( $SPX) listing under the trading pair $SPX/USDT.  Details are as follows: ✅ Deposit: Opened ✅ Trading: September 27, 1:00 PM UTC ✅ Withdrawal:  September 28, 1:00 PM UTC 👀 Project Intro 👉 https://t.co/s5bBHfTwas 🤝🏻 Trade… pic.twitter.com/Yi5pVy1a0p — AscendEX (@AscendEX_) September 27, 2024 Soon after, a number of other platforms said the same, with listing announcements coming from BitMart, and Cryptonary on October 3. SPX6900 Price Prediction Despite its recent success, the project seemingly hit a strong resistance at $0.24, which rejected i...