3 reasons why Ethereum price has lagged behind Bitcoin in 2024
[Sep 11, 2024 10:49 PM] Ethereum fell to a 40-month low in its ETH/BTC pair, and data suggests the downside is set to continue.
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Why Bitcoin Retesting $57,000 Is Good For The Price
[Sep 11, 2024 10:00 PM] Bitcoin (BTC) is finally making a comeback, with recent price spikes signaling a potential start of the long-awaited market bull run. As the cryptocurrency retests the $57,000 level, this renewed momentum could ignite a positive price rally…
Analyst Says Bitcoin Is In A ‘Healthier’ Place Now, Here’s Why
[Sep 11, 2024 5:30 PM] Bitcoin might be stuck in a downtrend, but fundamental analysis suggests it is in a healthy position. According to a recent analysis by crypto analyst Kaleo, Bitcoin is currently putting up healthier dynamics than it did in the previous halving…
Bitcoin Tumbles Following Higher Than Anticipated US Core Inflation Data
[Sep 11, 2024 4:09 PM] The higher-than-anticipated US core Consumer Price Index (CPI) reading was followed by a decline in Bitcoin (BTC) price as it tumbled almost 1.5% to $56,168 at press time. US Headline CPI Matches Forecast, Core CPI Exceeds It US headline CPI, the…
Bitcoin price struggles as bears overtake bulls in futures markets
[Sep 11, 2024 2:32 PM] Bitcoin must hold above the $50,000 mark until the Sept. 18 Federal Reserve meeting to avoid more downside.
Experts: Crypto In Early Stages of Growth Despite Rising Adoption
[Sep 11, 2024 7:30 AM] The crypto industry is still in its early stages of growth, despite a significant increase in adoption rates. Experts believe that the sector’s future depends on factors like regulatory developments and market stability. Singapore has…
Is Bitcoin Heading For A Bear Market? Analysts Weigh In On The Price Struggles
[Sep 11, 2024 7:00 AM] Bitcoin market performance has been underwhelming since its peak above $73,000 in March 2024. Instead of building on this rally, the top crypto has faced continued consolidation coupled with a series of declines, frustrating many investors…
Altcoins About To Take Over? Analyst Suggests Time To Accumulate Will End Soon
[Sep 11, 2024 6:00 AM] With only a few weeks before Q4 begins, investors and market watchers remain vigilant of the market’s performance. Many expect the next quarter will kickstart the rally’s second leg up, suggesting that most altcoins will explode in the coming…
New ATH Incoming? Analyst Reveals Why Bitcoin’s Next Rally Is Around the Corner
[Sep 11, 2024 4:00 AM] Bitcoin has been in a consolidation phase since its renewed peak above $73,000 in March. However, many experts in the crypto space are eyeing potential signs of a breakout that could lead to a new all-time high (ATH). A renowned crypto analyst…
Bitcoin Price by 2030: Analyst Reveals What Happens If Donald Trump Or Kamala Harris Wins
[Sep 11, 2024 3:00 AM] Crypto analyst Thomas has provided his Bitcoin price prediction for 2030 based on whether Donald Trump or Kamala Harris wins the US presidential elections. Crypto has become a major talking point ahead of the elections, and experts like Bernstein…
Bitcoin Price Battles to Extend Gains: Will It Clear $58K?
[Sep 11, 2024 2:43 AM] Bitcoin price started a decent increase above the $56,500 resistance. BTC is now struggling to clear the $58,000 resistance and is consolidating gains. Bitcoin is attempting a fresh increase from the $52,500 support zone. The price is trading above…
Standard Chartered Launches Bitcoin and Ethereum Custody in UAE
[Sep 11, 2024 2:30 AM] Standard Chartered has launched a digital asset custody service in the United Arab Emirates (UAE), licensed by the Dubai Financial Services Authority. The service aims to provide secure storage for digital assets, initially focusing on bitcoin and…
Bitcoin Surges Above $57,000, But Investors Still Shorting: Fuel For More Rise?
[Sep 11, 2024 1:30 AM] Data shows derivatives exchange users are still shorting Bitcoin after the recovery that the cryptocurrency has enjoyed beyond the $57,000 mark. Bitcoin Funding Rate Is Still Negative On Major Exchanges According to data from the analytics firm…
Japan’s Metaplanet Increases Bitcoin Holdings By $2 Million, Here’s How Much BTC It Owns Now
[Sep 10, 2024 10:30 PM] Japanese early-stage investment company Metaplanet purchased an additional $2 million worth of Bitcoin today, reaffirming the firm’s trust in the leading digital asset. ‘Japanese MicroStrategy’ Bolsters Its Bitcoin Reserves In an announcement on…
Crypto exchange volumes reflect Bitcoin traders’ ‘reduced trading appetite’ — Glassnode
[Sep 10, 2024 9:30 PM] Glassnode data highlights a “notable decline in trade activity over the last quarter,” but traders are hopeful that Q4 will bring a sharp trend reversal.
Bitcoin Sees 2 Consecutive Heikin Ashi Signals On The Weekly Chart, What This Means
[Sep 10, 2024 9:00 PM] Crypto analyst Jesse Olson has highlighted the second consecutive Heikin Ashi signal on the Bitcoin (BTC) weekly chart. This comes despite Bitcoin’s recent rise to as high as $58,000, which suggests that a bullish reversal might be on the horizon. …
Bitcoin price eyes’ last dip’ before October breakout: Analysts
[Sep 10, 2024 8:16 PM] Bitcoin analysts are eying an October breakout, despite the current market slump, partly caused by continuous negative outflows from the US Bitcoin ETFs.
Bitcoin Shakeout Ahead: Analysts Predict Final Dip Before Bull Run Resumes
[Sep 10, 2024 6:52 PM] The Bitcoin market has seen some consolidation since Monday, maintaining a price above the $56,000 mark after a brief drop from $65,000 to around $52,600 last Friday. However, one analyst suggests that the bearish sentiment may still be ongoing…
Bitcoin Price Could Face Challenges With 0.50% Fed Rate Cut, Warns 10X Research
[Sep 10, 2024 9:00 AM] A 50 basis points (bps) interest rate cut by the US Federal Reserve (Fed) starting this month might adversely affect Bitcoin (BTC) price, 10x Research cautions. 50 BPS Rate Cut Could Spook The Market After it had started hiking interest rates back…
Bitcoin ETFs Post $28.7M Inflows After Record Losing Streak
[Sep 10, 2024 5:04 AM] BTC ETF inflows are back in the green, despite BTC's price slipping.
Bitcoin Price Could Extend Gains: Will Bulls Stay in Control?
[Sep 10, 2024 2:45 AM] Bitcoin price started a decent increase above the $55,500 resistance. BTC is consolidating and might aim for more gains if it clears the $58,000 resistance. Bitcoin is rising from the $52,500 support zone. The price is trading above $55,500 and the…
Bitcoin in ‘seasonal slog’ with slim chance of short-term price catalysts: NYDIG
[Sep 10, 2024 2:16 AM] “Potential upcoming near-term catalysts for Bitcoin are sparse at the moment,” says NYDIG head of research Greg Cipolaro.
SEC Warns of Bitcoin and Ether ETF Risks — Labels BTC, ETH Highly Speculative Investments
[Sep 10, 2024 1:30 AM] The U.S. Securities and Exchange Commission (SEC) has issued a bulletin warning about the risks of bitcoin and ether exchange-traded funds (ETFs), highlighting their speculative nature. The regulator urged investors to consider potential issues…
Trump Victory Could Boost Bitcoin to $90K — Harris Win Might Sink BTC to $30K Level, Says Bernstein
Crypto Research Firm Identifies Why The Bitcoin Price Could Crash To $45,000
[Sep 9, 2024 11:30 PM] 10x Research, a digital asset research platform for traders and institutions, has unveiled a foreboding forecast for the price of Bitcoin (BTC). Highlighting current market conditions and Bitcoin’s recent price dynamics, the research firm projects…
Bitcoin Support Retests Reflect September 2023 Patterns: Is Another Bull Run Coming?
[Sep 9, 2024 10:06 PM] Bitcoin has faced significant price fluctuations marked by a notable crash on August 5 that saw its value dip to $49,000. This was followed by a rebound to approximately $65,000, only to experience another decline to around $52,000 last Friday. …
Bitcoin Leveraged Positions Building Up: BTC To $50,000 Or $60,000?
[Sep 9, 2024 10:00 PM] Bitcoin is firm at spot rates, looking at the development in the daily chart. Even so, the downtrend remains, and price action remains within a bearish breakout formation. This outlook follows the dump on September 7 that saw the world’s most…
Bitcoin traders celebrate ‘good news’ as BTC price trades above $57K
[Sep 9, 2024 8:53 PM] Bitcoin’s weekly close above a key support level is “good news,” according to traders, and the day’s rally to $57,500 could be a sign that the bottom is in.
Bitcoin To Break $100K By 2025? Experts Weigh In On Potential New ATH
[Sep 9, 2024 8:30 PM] With its overall market valuation down about 30% from its March 2024 record of $2.89 trillion, the cryptocurrency market is reaching a turning point. Investors are worried as the market cap as of September 8, 2024, is $1.93 trillion. Nonetheless, a…
Wealth advisers adopting BTC ETFs faster than any in history: Bitwise CIO
[Sep 9, 2024 7:52 PM] The CIO rebutted a more bearish take by investment researcher Jim Bianco, who noted that 85% of Bitcoin ETF uptake “is NOT from tradfi institutions.”