133 / 184 Relevant items tagged with #BTc
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Bitcoin, Ethereum Technical Analysis: BTC Erases Recent Gains as US GDP Disappoints
[Aug 31, 2023 7:38 AM] Bitcoin edged lower once again on Thursday, as traders continued to capture profits following gains on Tuesday. The latest drop followed data revealing U.S. gross domestic product growth in the second quarter that undershot expectations. Ethereum…
Bloomberg Analysts Raises Approval Chances Of Spot Bitcoin ETF To 75%
[Aug 31, 2023 3:00 AM] Bloomberg senior analysts Eric Balchunas and James Seyffart have raised their approval odds of the first Bitcoin spot exchange-traded fund (ETF) in the United States (US) to 75%. This development comes after the US District of Columbia Circuit…
Bitcoin And Cryptos Poised For Final Surge Before US Recession, Here’s Why
[Aug 31, 2023 12:20 AM] In the intricate dance of global finance, traditional economic indicators and the burgeoning Bitcoin and crypto market are becoming increasingly intertwined. Recent macroeconomic data from the US suggests a cooling economy, and this could have…
Bitcoin Price Could Correct Further Before Fresh Increase To $28K
[Aug 30, 2023 10:03 PM] Bitcoin price is correcting gains from $28,000. BTC could correct further lower toward the $26,800 zone before the bulls take a stand. Bitcoin started a downside correction from the $28,150 resistance zone. The price is trading above $26,600 and…
XRP Lawyer Reacts: Grayscale’s Triumph Paves Way For Bitcoin’s Next Big Thing
[Aug 30, 2023 8:00 PM] The crypto industry echoed the news of Grayscale Investments’ groundbreaking victory over the United States Securities and Exchange Commission (SEC) yesterday. This landmark lawsuit has established intriguing possibilities concerning…
New Bull Run For Bitcoin If It Breaks This Level, Expert Addresses Elephant In The Room
[Aug 30, 2023 4:00 PM] The Bitcoin price is on the move as bulls take over the market and reclaim previously lost territory. While the rally signals potential, BTC still needs to overcome significant resistance at higher levels. As of this writing, Bitcoin (BTC) trades…
$28,100 Next Level To Break For Bitcoin, Here’s Why
[Aug 30, 2023 10:00 AM] On-chain data suggests the $28,100 level could be the next major resistance to break for Bitcoin if history is anything to go by. Bitcoin Short-Term Holder Cost Basis Is Valued At $28,100 Currently As pointed out by an analyst in a CryptoQuant…
Bitcoin, Ethereum Technical Analysis: BTC Jumps Above $28,000, as Markets Remain Buoyed by Grayscale Court Win
[Aug 30, 2023 7:17 AM] Bitcoin climbed over the $28,000 level late on Tuesday, as markets reacted to the news that Grayscale had won its battle with the SEC. The ruling over the U.S. Securities and Exchanges Commission boosted crypto prices across the board, with bulls…
Bitcoin Insider Trading Suspicions Take Root Following Grayscale Win, What’s Happening?
[Aug 30, 2023 6:45 AM] Crypto asset manager Grayscale recently won against the Securities and Exchange Commission (SEC) in court, propelling gains in the price of Bitcoin in the past 24 hours. According to the case details, a US appeals court ruled on Tuesday, August…
Renowned Economist Explains Why Grayscale’s Win Is Not Good For Bitcoin Price
[Aug 30, 2023 3:40 AM] One of the major highlights of Grayscale’s victory over the US Securities and Exchange Commission (SEC) was its positive effect on Bitcoin’s price. However, renowned economist Peter Schiff has explained why Grayscale’s win may not be good for…
Bitcoin Price Starts Correction Post Rally, Why Dips Could Be Attractive
[Aug 29, 2023 8:52 PM] Bitcoin price rallied above $26,500 and $27,000. BTC tested the $28,000 resistance zone and is currently correcting lower toward $27,000. Bitcoin jumped and cleared the $26,500 resistance zone. The price is trading above $26,500 and the 100 hourly…
Bitcoin Breaks Above $26,000, A Stronger Bounce Is Imminent Says This Metric
[Aug 29, 2023 4:00 PM] The Bitcoin price trades close to the $26,000 level during today’s trading session, as it has since last week. However, new data points to a potential breakout out of the current range and into previously unexplored territory in 2023. As of this…
Bitcoin Bullish Signal: Exchange Netflow Remains Negative
[Aug 29, 2023 1:00 PM] On-chain data shows the Bitcoin exchange netflow has remained at negative values recently, which could play in the favor of the asset. Exchanges Have Been Seeing Net Bitcoin Outflows Recently An analyst in a CryptoQuant Quicktake post explained…
Bitcoin Price Taps $28,000 On Grayscale Ruling, Soaring Stock Market
[Aug 29, 2023 11:37 AM] Bitcoin price has thus far made a 7% intraday move following news that a US court ruled in favor of Grayscale against the SEC. At the same time, the stock market is surging. Could a perfect storm for the top cryptocurrency by market cap be…
Bitcoin Miners Feel the Pinch: 10% Value Drop Tanks Hash Price in August
Bitcoin Jumps 5% on Grayscale Ruling, While Crypto-Related Stocks Soar More Than 10%
[Aug 29, 2023 9:49 AM] A U.S. court ordered the SEC to "vacate" its rejection of Grayscale's bid to convert its Bitcoin Trust into an ETF.
Bitcoin, Ethereum Technical Analysis: BTC Below $26,000 Ahead of US Consumer Confidence Report
[Aug 29, 2023 7:15 AM] Bitcoin returned to the red on Tuesday, as markets began to anticipate the upcoming consumer confidence report in the United States. The Conference Board index is expected to fall to a reading of 116 in August, from 117 the month prior. Ethereum…
Bloomberg Expert Analyst Explains Why A Fall To $10,000 Isn’t Bad For Bitcoin
[Aug 29, 2023 5:00 AM] Since the price of Bitcoin fell below $30,000, numerous forecasts have been made on the currency’s potential future price outlook of the asset. As the biggest cryptocurrency in the world, Bitcoin has amassed price headlines, some of which are…
Bitcoin Bull Market 2025: 3 Reasons Why It Won’t Be Like 2017 And 2021
[Aug 29, 2023 1:05 AM] In a recent tweet, Luke Mikic, a renowned podcaster and YouTuber, highlighted the distinct differences between the upcoming 2025 Bitcoin bull market and its predecessors in 2017 and 2021. Drawing from his insights and the data available…
Bitcoin Price Still Vulnerable Unless It Surges Past $26,500
[Aug 28, 2023 9:20 PM] Bitcoin price is attempting an upside break above the $26,200 resistance. BTC must clear $26,200 and $26,500 to start a decent recovery wave. Bitcoin is still struggling to clear the $26,500 resistance zone. The price is trading above $26,000 and…
Unveiling the Mystery: Recognizing the Profound Significance of Satoshi’s Anonymity
[Aug 28, 2023 3:30 PM] From the genesis of Bitcoin’s inception to the contemporary landscape, the mystery surrounding the true identity of its architect, Satoshi Nakamoto, persists as an unrivaled enigma within the cryptocurrency realm. Despite the global…
Bitcoin Bull Run Incoming? This Metric Could Suggest So
Traders’ Patience Fades: Bitcoin Price Stuck At $26,000, But Can It Hold?
[Aug 28, 2023 12:00 PM] The Bitcoin price has barely moved a few hundred dollars since late last week, but a vital metric hints at another aggressive move. In the meantime, the cryptocurrency is likely to keep trading sideways until another liquidation event flips…
Bitcoin Bullish Uptrend Remains Unbroken, Here’s Why
[Aug 28, 2023 10:53 AM] Bitcoin price is currently trading at slightly above $26,000 per coin, but is still reeling after last week’s 10% single day selloff. The situation looks dire for crypto bulls who were hoping for a more significant recovery to begin after…
CryptoQuant Discusses How Bitcoin Has Changed In Past 1 Year
[Aug 28, 2023 9:00 AM] The on-chain analytics firm CryptoQuant has discussed how the Bitcoin market has changed during the past year. Bitcoin Has Been Going Through Some Changes Recently In a new post on X, CryptoQuant has broken down the changes that the…
Awakening of a Bitcoin Giant: $30 Million in BTC Moved From Dormant Wallets After 6-Year Slumber
JP Morgan Explains Why Bitcoin Price May Not Fall Further
[Aug 28, 2023 8:00 AM] The cryptocurrency market has been in a declining trend for years. However, reports reveal a possible recovery and bullish turn for popular cryptocurrencies in the space. JP Morgan has predicted a possible price rebound for Bitcoin, saying that…
Bitcoin, Ethereum Technical Analysis: BTC Consolidates, Ahead of Key Week of US Economic Announcements
[Aug 28, 2023 7:19 AM] Bitcoin hovered below $26,000 on Monday, as traders awaited a big week of economic announcements in the United States. The consumer confidence report will be released on Tuesday, with gross domestic product and nonfarm payrolls coming in the…
Bitcoin revenue per terahash nears record lows as hashrate soars
[Aug 27, 2023 10:51 PM] As the Bitcoin network hash rate tops 414 EH/s, miners are struggling to stay afloat amid plummeting profitability.