Recent bearish market conditions have significantly reduced bullish sentiment surrounding Bitcoin, with notable declines in positive remarks across social media platforms, potentially signaling a market bottom. Also, Bitcoin miner withdrawals…
Browsing: Bitcoin (BTC)
MicroStrategy’s stock surged 115% this year, surpassing Bitcoin’s gains. Maxim Group gave MicroStrategy a bullish rating with a $1,835 price target, citing optimism over its Bitcoin holdings. MicroStrategy (MSTR), led…
Bitcoin may face a significant correction as gold’s breakout patterns, observed in 2019, are repeating. Analysts Willy Woo and Rekt Capital predict a cooling period and potential downside for Bitcoin.…
Carole House returns as Special Advisor, potentially steering U.S. crypto regulation towards stability. The crypto community anticipates the impact of House’s policies on Bitcoin (BTC) and Ripple (XRP) valuations. Reversing…
Crypto market analysts attribute the price decline more to Bitcoin miner capitulation than the Mt. Gox news. The BTC price has recovered back to $61,500. Bitcoin miners are now financially…
The state enacts HB 488 to safeguard Bitcoin rights and ban Central Bank Digital Currencies (CBDCs). The new law is designed to attract investment and foster economic growth through Bitcoin…
Macro investor Luke Gromen anticipates a major capital rotation from the $130 trillion global bond market into risk assets like Bitcoin, gold, and stocks due to ongoing inflationary pressures. Gromen…
The bearish trends in Bitcoin price might be nearing its end after the coin hit a bottom at the $63,000 range. Bitcoin analysts are optimistic that with more holders than…
Analyst Willy Woo attributes Bitcoin’s recent bearish momentum to selling pressure from long-term holders (LTHs), as evidenced by spikes in the Coin Days Destroyed (CDD) metric. The prevalence of “paper…
Saudi Arabia will sell oil in local currencies, moving away from the US dollar after 50 years. The decision could drive Bitcoin and XRP prices to new highs, impacting global…
Itau Unibanco, Brazil’s largest bank, now offers Bitcoin trading to all customers. The bank’s assets under management total BRL 2.069 trillion, emphasizing its market leadership. Following the latest insights on…
Bitcoin’s price has been stagnant below $70,000 for months. Experts like Samson Mow and Adam Back predict a significant rebound in Bitcoin’s price due to market dynamics. Bitcoin has once…
Bitcoin could reach $100,000 by the end of the year, according to Mike Novogratz. Key factors include regulatory clarity and potential interest rate cuts by the Federal Reserve. According to…
Bitcoin price is hovering around the $70,000 mark with potentials to break through on strong fundamentals. The Bitcoin performance has triggered a broader mixed market sentiment. Bitcoin (BTC), the world’s…
While uncertainty surrounds the direction of Bitcoin and Ethereum prices, fundamental factors such as ETFs, halving events, macro conditions, etc. provide confidence for bullish trends ahead. Technical indicators like the…
In May, Ethereum (ETH) outperformed Bitcoin due to enthusiasm around the approval of the Ethereum spot ETF. Market analysts highlight whether this outperformance will continue. The SEC’s recent approval of…
El Salvador’s President Nayib Bukele and ARK Invest’s Cathie Wood have partnered to explore Bitcoin’s potential. Cathie Wood pointed out the president’s vision to turn El Salvador into the Bitcoin…
Bitcoin ETFs have become more popular than gold ETFs among professional firms. Institutional investors now hold over $11 billion in Bitcoin ETFs, driven by the potential for high returns. Exchange-traded…
Wisconsin Investment Board buys Bitcoin, marking a big step in institutional adoption. SWIB manages over $156 billion, diversifying with a $64 million investment in Grayscale’s Bitcoin Trust. The State of…
A crypto trader has made an astounding 86,000% gain on their investment in the Ethereum-based meme coin MAGA (TRUMP), turning $6,500 into $5.6 million. Donald Trump’s recent endorsement of cryptocurrencies,…