The Biggest Crypto Predictions for October 2023
October has been a roller-coaster ride so far. A significant increase on October 1 was followed by a sharp drop the next day. With that in mind, BeInCrypto looks at the crypto predictions for the month of October.
Crypto assets see inflows first time in 6 weeks
According to CoinShares, the inflow to digital asset investment products reached $21 million last week.
Should Low Ethereum Futures ETF Trading Volumes Be a Cause for Concern?
The debut of several Ethereum Future ETFs this week has left many speculators who have eagerly anticipated it for over a year feeling underwhelmed. Nine Ethereum Futures ETFs were introduced to the market this week. These were launched by investment firms ProShares, VanEck, Bitwise, Valkyrie, Kelly, and Volshares. However, upon their launch on October 2, Ether Futures […]
Verasity Destroys 10 Billion Tokens in Historic Burn Event -Will VRA Price React?
Verasity (VRA) price rose 40% to hit $0.0060 on Monday after a historic token burn event that destroyed 50% of its total circulation supply. On-chain analysis examines how VRA price could react in the short to mid-term.
Solana’s TVL Surge Sparks Speculation Across Crypto Community
Solana’s (SOL) total value locked (TVL) has surged to a new 2023 high of $338.82 million today, sparking speculation within the crypto community about the reasons behind why this might be the case.
Will Big $3.2B Bitcoin Options Expiry Keep Market Momentum Moving?
On September 29, around 118,000 Bitcoin options contracts will expire with a notional value of a whopping $3.2 billion. The end-of-the-month expiry is usually a big one, and September will dwarf previous weeks’ expiry events.
CryptoBirb: End of September Is the Best Time to Buy Bitcoin
Many investors complained about the weak price action of Bitcoin (BTC) in September. Many others had already exited the market before the summer break, following the slogan: “Sell in May and go away.” However, it appears that now may be the best time to refocus on the broad crypto and BTC market.
New Research Reveals 95% of All NFTs Are Worthless
NFTs emerged as the poster children of a digital renaissance. With the hype reaching its peak during the 2021 bull run, the NFT market saw nearly $2.8 billion monthly trading volume in August 2021. But by July 2023, the tune has changed drastically.
Is Shiba Inu (SHIB) Price on the Verge of a Rebound? — Key Indicators Emerge
How Much Should You Invest in Ripple (XRP) to Become a Millionaire in Next Bull Market?
Thus, to see a round sum of $1 million in your account, you need to purchase 294,117.65 XRP. At the current price of $0.51, the coins would be worth approximately $150,000.