âUpctoberâ Ignites Crypto Frenzy: Bitcoin Flirts With $124K, BNB Breaks Records
âUpctoberâ Ignites Crypto Frenzy: Bitcoin Flirts With $124K, BNB Breaks Records
Bitcoin ( BTC) nearly touched $124,000 on Oct. 3, fueled by âUpctoberâ optimism. The cryptocurrency peaked at $123,966 before settling below $122,000. Bitcoin Nears Breakout Amid âUpctoberâ Optimism On Oct. 3, bitcoin ( BTC) came close to breaching the $124,000 mark, fueled by growing optimism around the âUpctoberâ narrative sweeping through the crypto economy. According [âŠ]
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Bitcoin Futures Buyers Step Up: Taker Buy Volume Tops $1.8B
Bitcoin bulls are mounting a strong offensive as the worldâs largest cryptocurrency reclaimed the $120,000 level, sparking renewed speculation about an imminent push toward fresh all-time highs. After weeks of uncertainty and volatile swings, BTC has regained momentum, fueling optimism across the market. Traders and long-term holders alike are closely watching whether this rally can [âŠ]
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BNB Cup-And-Handle Breakout Powers Past $1,050, A Move To $1,100 Next?
BNB has cleared the $1,050 mark with a strong cup-and-handle breakout, putting bulls firmly in the driverâs seat. The next big question: can momentum carry the token toward the $1,100 target? BNB Breaks $1,050, Extending September Momentum Crypto analyst Cipher X, in a recent update, emphasized that BNB has officially broken through the $1,050 mark, locking in yet another key milestone following its impressive September rally. The surge has not only reaffirmed the strong bullish momentum behind the asset but also positioned it as one of the standout performers in the market. Related Reading: BNB Eyes New Highs As Price Reclaims $1,000 â Is A 30% Rally Coming? Looking ahead, Cipher X pointed out that the next major focus lies on the $1,100 resistance zone. A decisive breakout above this point could pave the way for even greater upside into Q4, strengthening the narrative of BNB entering a new leg of its rally. With market sentiment leaning positive, the price action over the coming days will be crucial in confirming whether the momentum can move forward without major setbacks. On the flip side, support remains well-established around $1,000 and $900, levels that provide a strong safety cushion for bulls should the market experience a pullback. These zones have historically held firm and could act as reliable springboards for fresh upward moves. For now, the balance of power is clearly with the buyers, and unless unexpected volatility disrupts the trend, BNB seems poised to continue pressing higher into the new quarter. Cup and Handle Formation Signals Strength Earlier, market analyst Kamran Asghar highlighted a notable setup forming on the BNB 4-hour chart in a post on X. He observed that BNB was developing a classic Cup and Handle formation, a technical pattern often associated with bullish continuation and breakout potential. Such a setup, when confirmed, tends to signal that the market has been consolidating before building enough momentum to push higher. Related Reading: BNB Price Holds Its Uptrend â Key Levels That Could Trigger More Gains Asghar stressed that the key level to watch is the $1,030 neckline resistance, which acts as the ceiling for the tokenâs upward momentum. A clean breakout and strong close above this resistance would validate the pattern and likely invite additional buying pressure. Should the breakout succeed, Asghar projected that BNB could quickly extend toward the $1,100+ region, opening doors for even larger gains if bullish sentiment sustains. However, until that confirmation arrives, he advised caution, noting that any failure to overcome the neckline might trigger short-term pullbacks as the asset consolidates further. This makes the coming sessions crucial in determining the altcoinâs next directional move. Featured image from Adobe Stock, chart from Tradingview.com
Bitcoin Nears All-Time High On Third Day of Government Shutdown
The cryptocurrency has rallied ever since the U.S. Federal government shut down at midnight on Wednesday due to partisan fiscal squabbling. Federal Impasse Pushes Bitcoin Toward Record High Itâs day three of the federal government shutdown, but one couldnât tell by looking at the markets. Stocks are mostly up, except for a few tech companies [âŠ]
Is The Approval Of Crypto ETFs At Risk? SEC Operations Frozen By Gov. Shutdown
The US government shutdown has significantly slowed operations across various federal agencies, including the Securities and Exchange Commission (SEC), which was expected to begin the approval process for long-awaited spot crypto ETFs. For the fourth consecutive time, spending proposals intended to reopen the government have been rejected by lawmakers from both parties, pushing the shutdown [âŠ]
âCardano Will Break The Internetâ: Hoskinson Explains Why
In an interview with Bloombergâs Haslinda Amin on the sidelines of Token2025, Cardano founder Charles Hoskinson sketched an unabashedly expansionary roadmap for both crypto markets and the Cardano ecosystem, arguing that the next phase of adoption will be institutional, privacy-aware, and integrated with legacy financeâand that Cardano is positioned to be a core settlement layer [âŠ]