[Aug 1, 2024 8:30 AM] Matt Hougan, Chief Investment Officer (CIO) of Bitwise, claims in a new memo to investors following the 2024 Bitcoin Conference that the market may not be bullish enough about the future of BTC. The conference was a watershed moment that attracted…
[Aug 1, 2024 7:00 AM] In the wake of the highly anticipated address by Federal Reserve Chair Jerome Powell, Bitcoin (BTC) maintained a steady course on Wednesday as the Fed opted to keep interest rates unchanged at 5.25%-5.50%. Crypto Market Awaits Fed’s Next…
[Aug 1, 2024 5:37 AM] A key Bitcoin trading indicator has hit its “tightest point” in a year. The last time it happened, Bitcoin pumped 20% in four months.
[Aug 1, 2024 12:02 AM] Hedge fund manager James Lavish has predicted that Bitcoin could rise to $428,000 at some point. He also mentioned what needs to happen for the flagship crypto to reach such an ambitious price target. How Bitcoin Could Rise To $428,000 Lavish…
[Jul 31, 2024 5:13 PM] Analyzing previous crypto market cycles helps us understand the current one, says Kelly Ye, head of research at Decentral Park Capital.
[Jul 31, 2024 3:00 PM] The Elliot Wave theory has become very popular among Bitcoin analysts, given its effectiveness in helping to estimate where the cryptocurrency’s price is headed next. Using this same theory, pseudonymous crypto analyst XForceGlobal has estimated…
[Jul 31, 2024 11:24 AM] Bitcoin could see a new all-time high due to the looming US federal debt, which surpassed $105,000 for every living person in the country.
[Jul 31, 2024 7:30 AM] For the crypto and broader financial market, FOMC day is upon us once again today. And analysts agree that today’s meeting will be one of the most important in recent years. Kurt S. Altrichter, a financial advisor and founder of Ivory Hill…
[Jul 31, 2024 2:37 AM] Bitcoin price extended losses and tested the $65,500 support zone. BTC is now consolidating and might aim for a fresh increase if it clears $66,500. Bitcoin tested the $65,500 level and is attempting a recovery wave. The price is trading below…
[Jul 30, 2024 11:17 PM] Microstrategy’s executive chairman, Michael Saylor, predicts that by 2045, bitcoin’s price could range from a bear case of $3 million to a bull case of $49 million, with a base case of $13 million. He highlighted bitcoin’s role…
[Jul 30, 2024 10:30 PM] After over a decade of suspense, creditors of the defunct Mt. Gox Bitcoin (BTC) exchange have finally begun receiving long-awaited payouts this month. Data from research firm Glassnode shows that as of Tuesday, 59,000 of Mt. Gox’s 142,000 BTC…
[Jul 30, 2024 8:23 PM] Bitcoin leveraged positions increased over the past week, and a portion of these late longs have been wiped out as BTC price dropped closer to $65,000.
[Jul 30, 2024 4:30 PM] In an analysis released on Monday, ASXN, an emerging crypto research firm, outlines the dynamics of global Bitcoin adoption through the lens of game theory. The report titled “The Game Theory of Bitcoin Adoption Among Nations” provides…
[Jul 30, 2024 11:26 AM] Despite receiving over $4 billion worth of Bitcoin, which has appreciated by over 8,500% in the 10 years since Mt. Gox collapsed, the exchange's creditors continue to hold their assets.
[Jul 30, 2024 10:30 AM] The Bitcoin open interest is a good indicator of how investors are viewing the cryptocurrency and what bets they’re making. This is why the metric hitting a new all-time high is a big deal, carrying serious implications for the market. Once again…
[Jul 30, 2024 2:37 AM] Bitcoin price started a downside correction from the $70,000 resistance. BTC is now correcting gains and might extend losses if it trades below $66,000. Bitcoin struggled near $70,000 and started a downside correction. The price is trading below…
[Jul 30, 2024 12:30 AM] Following the highly anticipated 2024 Bitcoin Conference in Nashville, Tennessee, over the weekend, a notable spike in positive market sentiment drove the Bitcoin price to a one-month high of $70,000 on Monday. Analysts are now eyeing the…
[Jul 29, 2024 10:30 PM] Crypto traders say Bitcoin is at an “inflection point” after BTC’s open interest rises and the cryptocurrency’s price pushes into a new range.
[Jul 29, 2024 7:50 PM] Jonothan Steinberg said US presidential contender Donald Trump’s July 27 speech at Bitcoin 2024 promised much-needed regulatory clarity.
[Jul 29, 2024 3:30 PM] After hitting an all-time high of $73,400 in March 2024, the Bitcoin price has since retraced, remaining below its all-time high for the last four months. Nevertheless, expectations remain high that the Bitcoin price will eventually recover and hit…
[Jul 29, 2024 2:01 PM] The US crypto exchange Coinbase is providing Bitcoin custody services to Australia’s DigitalX, the issuer of the second spot BTC ETF in the country.
[Jul 29, 2024 12:03 PM] The beginning of the “macro summer” rally could help Bitcoin price reach a new all-time high and rally well into 2025, according to Raoul Pal.
[Jul 29, 2024 11:00 AM] US Republican Presidential candidate Donald Trump made his much-anticipated appearance at the Bitcoin 2024 conference in Nashville on July 27. Trump made several promises to the crypto voters in attendance, including what he would do to the US…
[Jul 29, 2024 3:16 AM] Bitcoin price started a fresh increase above the $68,000 resistance. BTC is now rising and might climb toward the $70,000 resistance zone. Bitcoin formed a base and started a fresh increase above the $68,000 resistance zone. The price is trading…
[Jul 28, 2024 1:16 PM] On July 28, 2024, bitcoin was trading at $67,872 per coin when a dormant bitcoin address created in 2017 transferred 121.63 BTC, now valued at $8.25 million, after more than seven years. Dormant Bitcoin Address Transfers $8.25M This Sunday, at…
[Jul 28, 2024 2:19 AM] Indeed, the Bitcoin price has been on a hot streak in recent weeks, returning to its past heights most investors have become accustomed to. However, the past week was a somewhat quiet one for the premier cryptocurrency, as it was for most of the…
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