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Bitcoin Crashes To $65,000, Expert Unpacks Drivers Of Crypto Market Bloodbath
[Jun 14, 2024 10:00 PM] The cryptocurrency market has been experiencing a significant downturn, with Bitcoin leading the way by retracing to the $65,000 mark after failing to retest its all-time high of $73,700 reached in March. Market expert Michael van de Poppe has…
Quiet Summer Ahead For Bitcoin, But Ethereum Holds Potential for Surprise — QCP Capital
[Jun 14, 2024 9:00 PM] According to the latest report by QCP Capital, options data reveals a plunge in trading volatility, particularly for Bitcoin, meaning cryptocurrency traders could be in for a tamer summer. The research firm, which is well known for spotting new…
Bitcoin FOMO: Social Media Users Calling To Buy Sub-$66,000 Dip
[Jun 14, 2024 7:00 PM] Data shows that traders on social media have been calling to buy during the latest Bitcoin dip below $66,000, a sign that FOMO is active in the market. Bitcoin Investors Are Displaying FOMO After The Recent Decline As the analytics firm Santiment…
Legendary Trader Warns: Bitcoin Could Plunge Below $50,000 If These Key Levels Break
[Jun 14, 2024 6:00 PM] Renowned trader Peter Brandt recently provided insights on the Bitcoin price potential market movements, projecting a challenging period followed by a significant rally. This analysis comes as Bitcoin’s current trading behavior exhibits signs…
El Salvador Views Bitcoin as a Tool to Liberate the Nation From Fiat Currencies
[Jun 14, 2024 5:36 PM] Felix Ulloa, Vice-President of El Salvador, stated that the government has considered de-dollarizing the country and returning to its national currency, the colon. However, he said that it would be too costly. For Ulloa, bitcoin presents an…
Mining execs establish organization to influence US crypto voters
[Jun 14, 2024 3:54 PM] A board member of the Bitcoin Voter Project described the group as nonpartisan and planned to take a different approach than initiatives like Stand With Crypto.
Ethereum HODLers Scoop 298,000 ETH In 24 Ahead Of Spot ETF Trading
[Jun 14, 2024 3:00 PM] Ethereum is under pressure at press time, tumbling roughly 15% from March 2024. As sellers press on, reversing all gains posted from May 20, on-chain data points to a bullish picture. Ethereum HODLers Scoop 298,000 ETH In 24 Hours Taking to X, one…
Ryze Labs Weighs In: Fed’s Stance on Interest Rates and Its Impact on Market Dynamics
[Jun 14, 2024 12:36 PM] Following the release of lower-than-anticipated CPI data on June 12, U.S. equities climbed to record highs, with bitcoin exceeding $70,000. However, Ryze Labs, a venture capital firm investing in blockchain and Web3 projects worldwide, particularly…
3 reasons why Bitcoin analysts believe BTC price recovery is overdue
[Jun 14, 2024 12:30 PM] Bitcoin price data strongly suggests that the current BTC price correction is a buy-the-dip opportunity.
Bitcoin Plunges to $65K, Altcoins Bleed 10%-20% as Week Turns Ugly
[Jun 14, 2024 11:15 AM] BTC plummeted more than 2% in an hour to $65,200 during the U.S. trading session from around the $67,000 area. The leading crypto was down 7.5% over the past seven days
Price analysis 6/14: BTC, ETH, BNB, SOL, XRP, DOGE, TON, ADA, SHIB, AVAX
[Jun 14, 2024 10:20 AM] Bitcoin and several altcoins are getting sold into rallies, increasing the risk of a downside breakdown.
Analyst Who Correctly Predicted Bitcoin’s Surge And Crash Reveals Where Price Is Headed Next
[Jun 14, 2024 10:00 AM] Crypto analyst TechDev has provided insights into the Bitcoin future trajectory. The analyst suggested that the flagship crypto has yet to reach its full potential in this market cycle and that more price surges lie ahead for the crypto token. …
MicroStrategy Increases Convertible Note Offering by 40% to $700M in Bitcoin Splurge
[Jun 14, 2024 8:38 AM] The proceedings of the issuance will be used to acquire more bitcoin and for general corporate affairs.
Investors Pull Nearly $11 Billion in BTC and ETH From Major Exchanges in 30 Days
[Jun 14, 2024 7:16 AM] According to the latest data, from April 1 to June 1, 2024, Coinbase experienced an outflow of more than 40,000 BTC. In the past 13 days, an additional 10,889 BTC, valued at $726 million, has exited the San Francisco crypto exchange. Further…
MicroStrategy Boosts Stock Sale to $700M to Buy More Bitcoin
[Jun 14, 2024 6:39 AM] MicroStrategy, led by CEO Michael Saylor, has increased the size of its planned stock sale to raise additional funds to purchase Bitcoin. The company is now seeking to raise $700 million, up from the previously announced $500 million.BREAKING…
First Mover: Bitcoin Struggles Near $67,000 as Cryptos Lag Behind Stocks
[Jun 14, 2024 6:14 AM] The latest price moves in bitcoin (BTC) and crypto markets in context for June 14, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.
Bitcoin Technical Analysis: BTC Faces Downward Pressure Amid Market Uncertainty
[Jun 14, 2024 6:05 AM] Bitcoin’s price on June 14, 2024, stands at $67,046, with intraday prices ranging from $66,425 to $68,506. The leading crypto asset’s market capitalization is $1.31 trillion, and the 24-hour trading volume is $23.92 billion. Technical…
Financial Giant AllianceBernstein Predicts Bitcoin At $1 Million, Here’s When
[Jun 14, 2024 6:00 AM] In an analysis released Thursday, leading global investment firm AllianceBernstein with assets under management worth $725 billion significantly elevated its price target for Bitcoin, predicting the premier cryptocurrency will reach $1 million by…
Bitcoin breaks 18-month hashrate uptrend: Are BTC miners capitulating?
[Jun 14, 2024 5:32 AM] Despite the drop in hashrate, Bitcoin miner selling isn’t correlated with the BTC price drop from $71,100 to $66,000.
Bitcoin Traders See Short-Term Bearish Target at $60K as Miners Pare Holdings
[Jun 14, 2024 5:17 AM] Persistent testing of the lows sets the bears up for quick success with their next target at $60,000, one trader said.
Bernstein: Bitcoin Could Hit $1 Million by 2033
[Jun 14, 2024 4:11 AM] Major Wall Street firm Bernstein has made a bullish long-term prediction for Bitcoin's price, saying it could reach $1 million by 2033.JUST IN: $779 billion Bernstein says #Bitcoin will likely hit $1 million.Predicts $200,000 price by 2025 …
Here's Why Bitcoin's Not Keeping Pace With Nasdaq
[Jun 14, 2024 3:53 AM] Bitcoin has declined 6% in one week even as Nasdaq rallies to fresh record highs.
Can Bitcoin whales protect BTC price from new $48K downside target?
[Jun 14, 2024 3:05 AM] Bitcoin is not filling traders with hope as a stubborn BTC price range endures despite mass whale purchasing.
Bitcoin Could Hit $1M Within 10 Years, Bernstein Says as It Initiates Coverage of MicroStrategy
[Jun 14, 2024 2:42 AM] The broker initiated coverage of the stock with an outperform rating and a $2,890 price target.
South African Retailer Accepting BTC Sees Significant Increase in Monthly Crypto Transactions
[Jun 14, 2024 2:41 AM] The South African retail giant, Pick n Pay, has reported a significant increase in the value of monthly cryptocurrency payments, rising from approximately $1,350 to $54,000. The regions of Gauteng, KwaZulu-Natal, and the Western Cape in South…
Bitcoin Bears Gain Control: Further Drops on the Horizon
[Jun 13, 2024 9:09 PM] Bitcoin price struggled to recover above the $68,000 resistance zone. BTC is again moving lower and might even decline below the $66,000 support zone. Bitcoin started another decline from the $68,200 resistance zone. The price is trading below…
Bitwise Forecasts $20 Trillion Boost To Global GDP From Crypto And AI By 2030
[Jun 13, 2024 9:00 PM] The intersection of artificial intelligence (AI) and crypto is poised to unleash a notable wave that could add a staggering $20 trillion to the global gross domestic product (GDP) by 2030, according to a recent report by Bitcoin ETF issuer Bitwise…
Landmark Ruling: Crypto Dealings Not Illegal in India, Says High Court
[Jun 13, 2024 8:31 PM] The Orissa High Court in India ruled that cryptocurrency dealings are not illegal under Indian law. This decision arose from a case involving individuals accused of fraud through a Ponzi scheme. Justice Sasikanta Mishra clarified that…
Bitcoin’s Breakout Blueprint: Analyst Reveals Roadmap For Imminent Surge
[Jun 13, 2024 8:00 PM] As Bitcoin navigates through 92 days of consolidation, the crypto community watches closely for the next major move. Notably, this extended phase of stability, which is now the longest in Bitcoin’s history, has been seen as the calm before a…