Bitcoin is aimed at ending October on a positive note, trying to shake off the shadows of the 2018 sell-off, while new regulations cause Japan's big banks to show interest in the cryptocurrency. Notably, Ethereum is on a steady rise towards an all-time high as
Fed cuts come into view, analysts suggest. However, Bitcoins being extremely volatile, struggles to flip the resistance of $115,500, constantly adjusting below the $116,000 mark due to looming Fed decisions and trade talks.
Solana meanwhile has shown a significant surge dominating other popular cryptocurrencies including Bitcoin and Ethereum. The FOMC & Big Tech Earnings are closely watched to see if cryptocurrency can bounce back. Multiple crypto ventures from Donald Trump loom over the Senate stablecoin voting session. Traditional lending is now slowly shifting towards crypto-backed lending although plenty of risks are around. Notably,
LOOM, a blockchain-based platform, is facing a delist of perpetual contracts by Binance which raises a doubt on its future growth. Radical changes are expected in tax rules for digital assets soon as the head of IRS's Crypto work exits. Despite increasing speculations and looming decisions, the Bitcoin market remains unpredictable. Moreover, the expansion of organizations into crypto markets is stirring concerns over potential risks and security threats, while Bitcoin's price targets and market uncertainties continue to hover around $113K. Lastly,
Loom Network (LOOM) itself showing an ultimate pump with rising over 500% in 30 days. However, Binance's recent decision to delist LOOM calls for urgent action among its users.
LOOM Coin News Analytics from Sat, 15 Mar 2014 07:00:00 GMT to Tue, 04 Nov 2025 21:10:37 GMT -
Rating 5
- Innovation 7
- Rumor 3