90 / 207 Relevant items tagged with #BTc
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Metaplanet Directors Approve BTC Acquisition Plan; Company’s Stock up by Nearly 500% YTD
[Jun 24, 2024 11:10 AM] The directors of Tokyo-based investment and consulting firm Metaplanet Inc. have approved the company’s proposal to purchase Bitcoin worth $6.25 million using bond proceeds. Metaplanet clarified that the acquired cryptocurrency will be…
Crypto investment products see $584M outflow as Bitcoin descends to $60K
[Jun 24, 2024 11:00 AM] Apprehension over a delay in interest rate cuts, a strengthening DXY and softness in Bitcoin price back the $584 million outflow in crypto investment products.
Bitcoin Price Crashes Below $61,000: The Main Reasons
[Jun 24, 2024 8:30 AM] In the last 24 hours, the Bitcoin (BTC) price fell by up to 4.8%, plummeting to a new low of $60,601 after trading above $64,000 just a day earlier. This decline can be attributed to a combination of factors, including developments from the Mt. Gox…
Bitcoin Crash To $61,000 Drives 24-Hour Crypto Liquidations Toward $300 Million
[Jun 24, 2024 7:00 AM] Early on Monday morning, the Bitcoin price crashed another 5% to drop to the $61,000 level. This drop, which was very sudden, has taken investors by surprise, triggering a massive wave of liquidations. As the volume continues to rise, the crypto…
Bitcoin Technical Analysis: Mt Gox Payment News Rattles Markets
Bitcoin Bears Target $60,000 Level As Price Continue To Decline
[Jun 24, 2024 4:03 AM] Bitcoin is currently experiencing a notable decline, with its price steadily approaching the crucial $60,000 mark. The market sentiment has turned increasingly bearish, driven by a combination of macroeconomic factors and a recent surge in selling…
Bitcoin Price Takes a Plunge: Analyzing the Sudden Drop
[Jun 23, 2024 9:21 PM] Bitcoin price started another decline after it struggled near $64,550. BTC declined below the $63,500 support and might continue to move down. Bitcoin started a fresh decline from the $64,550 resistance level. The price is trading below $63,500 and…
Bitcoin’s Power Law Model Gains Traction Despite Market Fluctuations
[Jun 23, 2024 1:28 PM] In 2020 and early 2021, the stock-to-flow (S2F) bitcoin price model captured widespread attention. Although bitcoin currently stands over 13% below its peak value reached in March, the Power Law Corridor model has become increasingly influential…
Bitcoin Crash: Crypto Analyst Reveals Why Price Could Drop To $52,000
[Jun 22, 2024 7:00 PM] A crypto analyst has disclosed reasons why the price of Bitcoin could witness more declines to $52,000 lows. According to the analyst, Bitcoin has broken key support levels, which indicates a potential shift from a bullish to a bearish position. …
Blockchain Firm Says Bitcoin Price Might Be Headed For $60,000 – Here’s Why
[Jun 22, 2024 4:30 AM] The Bitcoin price performance over the past week failed to bring glory to the crypto market, as the leading cryptocurrency struggled once again. This trend was mirrored across almost all large-cap assets, many of which experienced significant…
Gemini Founders Donate $2 Million in Bitcoin to Donald Trump to End Biden’s ‘War on Crypto’
Is Bitcoin’s Rally Over? New Insights from CryptoQuant Predict a Market Downturn
[Jun 21, 2024 6:30 PM] According to the latest insight from a CryptoQuant analyst, Bitcoin might be poised for a notable price correction. This possibility of a price correction is based on major Bitcoin metrics such as the Adjusted Spent Output Profit Ratio (ASOPR)…
Bitcoin Slips Under $64,000: Here’s Where The Next Support Is
Bitcoin price bouce will occur when ‘weak hands’ capitulate and hashrate recovers
[Jun 21, 2024 3:51 PM] Analysts say Bitcoin price will rally only after BTC miners capitulate and the network’s hashrate recovers.
Bitcoin Spot ETFs Effect: Bernstein Analysts Revise BTC Target To $200,000, Here’s When
[Jun 21, 2024 3:30 PM] Analysts at global asset management firm Bernstein have revised their former Bitcoin target to $200,000, foreseeing the influx of Spot Bitcoin ETFs inflows catalyzing this massive price surge. Bernstein Analysts Raise Bitcoin Target To $200,000 In…
3 reasons why Bitcoin price struggles to reclaim $64K
[Jun 21, 2024 12:31 PM] Bitcoin’s tumultuous week continues as data points to further downside in BTC price.
Survival of the Fittest: Here’s How Bitcoin’s Next Rally Hangs on Miner Capitulation
[Jun 21, 2024 12:30 PM] Amidst a backdrop of declining Bitcoin prices and economic uncertainty, renowned crypto analyst Willy Woo has offered a forecast that suggests a complex road ahead for BTC, with potential gains on the horizon after some ‘inevitable’…
Bitcoin Technical Analysis: BTC Faces Continued Downtrend Amidst High Selling Pressure
[Jun 21, 2024 5:40 AM] Bitcoin’s price continues its downward trajectory, coasting along at $63,950 per unit on June 21, 2024. Despite showing potential entry points, the market is experiencing significant selling pressure across all time frames. Technical…
Bitcoin reclaims blockchain dominance post-BTC halving
[Jun 21, 2024 4:19 AM] Bitcoin’s blockchain bandwidth usage surpasses 90% post-halving, driven by new token standards and increased transaction volume.
Marathon’s BTC mining is heating an entire town in Finland
[Jun 21, 2024 3:40 AM] Selling excess heat from Bitcoin mining could be another financial lifeline for miners after the 2024 Bitcoin halving.
3 Reasons To Invest In Ethereum, 1 To Stay Bitcoin-Only: Bitwise CIO
[Jun 21, 2024 2:00 AM] In a recent commentary shared on X, Matt Hougan, Chief Investment Officer at Bitwise Asset Management, which ranks as the world’s largest provider of cryptocurrency index funds, detailed why investors should consider diversifying their…
Bitcoin Price Dips Again: BTC Bears Tighten Grip
[Jun 20, 2024 9:12 PM] Bitcoin price failed to climb above the $66,500 resistance. BTC is again moving lower and might decline below the $64,600 support zone. Bitcoin started a fresh decline from the $66,500 resistance level. The price is trading below $65,500 and the…
PEPE Has 80% Of Holders In Profit: How It Compares To DOGE & BTC
[Jun 20, 2024 7:00 PM] On-chain data shows the memecoin Pepe currently has 80% of its holders in profit. Here’s how Dogecoin, Bitcoin, and other top coins compare. PEPE Is Among The Coins With The Highest Profitability Ratio Right Now In a new post on X, the market…
Circle CEO Shares ‘Super Bullish’ Stance and Unprecedented Optimism on Crypto
[Jun 20, 2024 5:16 PM] Circle CEO Jeremy Allaire has expressed unprecedented optimism about the future of crypto, highlighting its transformative potential. “I have been building Circle for over 11 years, and at no time have I been more optimistic than right…
German Government’s Bitcoin Dump Surpasses $195M As Selling Spree Persists
[Jun 20, 2024 5:00 PM] The German government has recently begun selling millions of dollars worth of Bitcoin (BTC) from a confiscated wallet, further contributing to the lack of catalysts for a price recovery in the cryptocurrency market. The move comes as increased…
Bitcoin Crash Below $66,000 Stuns Market, Why A Drop To $54,930 Is Possible
[Jun 20, 2024 4:00 PM] The Bitcoin price crash below $66,000 has taken the market by surprise, leading to over $90 million in liquidations in a 24-hour period. But even after dropping so much already, analysts do not believe that the worst is over. In particular, crypto…
Bitcoin Analyst Claims BTC Consolidation Will Continue, Hedge Funds Throw In The Towel
[Jun 20, 2024 3:00 PM] Bitcoin is trending lower at spot rates, sliding away from all-time highs. Looking at the performance in the daily chart, it looks like bears are stepping up, following the general inactivity in an overwhelmingly bearish trend. When writing, the…
Bitcoin Miners’ Reserves Deplete Amidst High OTC Selling, What This Means
[Jun 20, 2024 2:00 PM] Recent data from CryptoQuant has highlighted a significant shift in Bitcoin Miners behavior, with miner reserves dropping to their lowest levels since 2010 while over-the-counter (OTC) selling activity has surged to higher levels. What This Means…
Volatile Bitcoin Movement Causes $118M in Crypto Liquidations
[Jun 20, 2024 1:05 PM] On Thursday, bitcoin (BTC) peaked at $66,455 per coin around 7 a.m. EDT but dropped to approximately $64,516 by noon. The volatile movements resulted in $118.82 million in liquidations across the crypto economy, with long positions accounting for…