October is approaching, and this could be the right time for you to consider investing in Bitcoin. Based on historical data and current trends, Bitcoin is predicted to continue its strong growth this October. Analyst Raymond has pointed out three important reasons why October is a golden opportunity to buy Bitcoin.
Promising History of October
Bitcoin tends to experience significant growth in October, which is why it is often referred to as “Uptober” – a combination of “Uptrend” and “October.” A

One of the largest crowdfunding events in cryptocurrency history was ConstitutionDAO, which successfully raised $47 million in just four days to purchase one of the 13 remaining copies of the 1787 U.S. Constitution, but ultimately did not succeed. Subsequently, ConstitutionDAO released the PEOPLE token. So, what is ConstitutionDAO? Is the PEOPLE token worth investing in? Let’s find out with AZC.News right now!
What is ConstitutionDAO?
ConstitutionDAO is a decentralized autonomous organization (D

Ethereum (ETH) has seen a surge in price and popularity in recent days following the announcement of an Ethereum ETF.
A Disappointing Quarter
However, the ecosystem isn’t performing quite well. Data from Token Terminal indicates that Ethereum is having an unprofitable second quarter. If Ethereum continues to struggle with revenue generation, the network will face much greater difficulty in selling its shares. Nevertheless, interest in ETH remains relatively high.

Following the approval on May 2

The notable upswing in SOL's value seems to be intricately linked to the recent spike in gas fees on Ethereum and the distribution of Solana's airdrops, including the much-discussed Bonk.
During the week ending December 24, the price of Solana catapulted by over 60%, reaching a milestone of $118 – a level not seen in the past eighteen months.
What's behind the uptick in SOL's price this week?
The surge in Solana's valuation aligns with a concurrent escalation in gas fees within the ecosystem of

John Reed Stark, a former official of the United States Securities and Exchange Commission (SEC) and a vocal critic of cryptocurrencies, has undergone a notable shift in his perspective regarding spot Bitcoin ETFs. This change is reportedly influenced by insights gleaned from internal SEC discussions.
Expressing his intrigue, Stark commented, "Fascinating. If these reports hold true, the likelihood of some version of a Spot Bitcoin ETF seems plausible."
Spot Bitcoin ETF Skeptic Envisions a 'Hist

Ethereum's appeal has diminished in recent weeks, overshadowed by Bitcoin's ascent to a new 2023 high. Notably, rival blockchains like Solana and Avalanche are gaining prominence, outpacing ETH in token price gains.
On December 21, Glassnode analyst "Checkmatey" suggested that the decline in the market cap ratio between ETH and BTC may only be halfway through. He argued that Bitcoin is poised to further increase its dominance over Ethereum.
Ethereum Sentiment Weakens
Furthermore, in derivatives

As the price of Cardano (ADA) approaches a crucial support zone, recent developments indicate both challenges and potential opportunities for the cryptocurrency. Notably, ADA experienced a peak at $0.68 on December 14th but faced a subsequent decline. Although the higher timeframe market structure maintained a bullish stance, the failure to defend the key support level at $0.6 in recent days has raised concerns.
In the recent week, Cardano witnessed a surge in development activity, with a notabl

Bitcoin miners found themselves celebrating an early Christmas as transaction fees soared to unprecedented levels on December 16th, accumulating a staggering $23.7 million. The surge in Bitcoin's transaction fees, fueled by the ongoing Ordinals frenzy, contributed to an all-time high in fee revenue, according to on-chain analytics firm CryptoQuant.

Miners' Profits Skyrocket
On that particular day, Bitcoin miners witnessed a remarkable boost in their overall earnings, encompassing the fixed bloc

The ongoing release of Blur tokens persists, with the most recent unlock witnessing a substantial transfer of the token to a prominent exchange. In light of this recent development, an analysis of the token's performance and the predominant direction of exchange flow in recent days is warranted.
49.8 million Blur tokens get unlocked
A surge in newly unlocked Blur tokens has transpired, with approximately 49.8 million tokens, equating to a value of approximately $23.2 million, recently becoming a

MicroStrategy CEO Michael Saylor anticipates a significant bullish surge for Bitcoin in 2024, and his company will persist in its strategy of accumulating BTC.
In a recent interview with Bloomberg, Michael Saylor, the CEO of MicroStrategy and a well-known Bitcoin bull, shared his optimistic outlook on the potential impact of Bitcoin spot exchange-traded funds (ETFs) on the cryptocurrency market.
Saylor, renowned for his unwavering support for Bitcoin, envisions the approval of these ETFs as a pi

XRP bulls showcased a remarkable rebound, successfully recovering from the 61.8% retracement level. However, there is a possibility that a subsequent retest of the $0.6-zone could elicit a more subdued response from buyers.
Potential gains for XRP buyers hinge on specific conditions. Analyzing the cryptocurrency's price movements reveals a pattern of steady gains in October and November, followed by a less robust rally in the latter part of November and December. Over the last four weeks, prices

Post-Merge, Ethereum's net supply is dwindling annually at 0.248%, signaling a deflationary trend. Projections suggest a potential reduction to 117.7 million by 2025, impacting its market value.
The Ethereum network's transition from Proof-of-Work (PoW) to Proof-of-Stake (PoS), known as the Merge, has triggered a notable transformation in its supply dynamics, particularly impacting its circulating supply. This shift has set in motion a deflationary trend, with more than 307,000 Ethereum (ETH) co

BlackRock claims its updated ETF model provides enhanced safeguards against market manipulation, a factor that has historically led the SEC to reject previous spot Bitcoin ETF proposals.
BlackRock Refines Spot Bitcoin ETF to Facilitate Increased Participation by Banks
In a strategic move, BlackRock has adjusted its application for a spot Bitcoin exchange-traded fund (ETF) to enhance accessibility for major Wall Street banks. The revised model introduces a novel approach, allowing these banks, su