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Will The US Elections Propel Bitcoin Past $74,000? Key Metrics To Track This Week
[Nov 5, 2024 7:42 PM] In the wake of the US presidential election, Bitcoin (BTC) is experiencing the expected volatility that often accompanies major political events. Tuesday’s trading saw the largest cryptocurrency fluctuating between $68,000 and $70,000, with…
Bitcoin Price Forecast: What To Expect In The Final 24 Hours Before US Election
[Nov 4, 2024 4:41 PM] As the US presidential election approaches, the Bitcoin price has found a stable support range between $68,000 and $69,000, just shy of its all-time high earlier this year. While the cryptocurrency has struggled to surpass this significant…
How Trump’s DOGE Vision Could Impact Bitcoin Prices By 2025: Market Expert Answers
[Oct 30, 2024 7:27 PM] As the US presidential election approaches, former President Donald Trump’s odds on crypto betting platforms like Polymarket have surged, with analysts predicting significant implications for Bitcoin prices if he secures a second term in the Oval…
Tether Defends Its Record, Blasts WSJ For ‘Irresponsible Reporting’
[Oct 25, 2024 8:26 PM] In a recent report by the Wall Street Journal (WSJ), it was alleged that Tether is currently under federal investigation for potential violations related to sanctions and anti-money laundering (AML) regulations in the US. The inquiry, reportedly…
Solana Price Prediction: Analyst Projects Colossal 400% Uptrend This Cycle, Reveals Ultimate Target
[Oct 22, 2024 4:27 PM] After a brief retracement, the Solana price has found support at the $163 mark and is currently trading at approximately $168. The cryptocurrency is again approaching a significant resistance level at $170, which has posed a challenge for the token…
Bitcoin Rally Expected: Standard Chartered Eyes New High Of $73,800 Pre-US Election
[Oct 15, 2024 7:44 PM] Bitcoin has recently shown significant momentum, reaching its highest level since July, briefly touching $67,900 and recovering 7%. This surge follows a dip to $58,900 at the end of last week, further fueling bullish sentiment among investors…
SEC Strikes Again: Cumberland DRW Charged For ‘Unregistered Crypto Operations’
US Charges 14 Individuals And Four Crypto Companies In Major ‘Sham Trading’ Scandal
[Oct 9, 2024 7:51 PM] On Wednesday, US prosecutors charged four crypto companies and 14 individuals in what is hailed as the first criminal prosecution targeting financial services firms for market manipulation and sham trading activities within the crypto sector. …
Bitcoin Price Manipulation Linked To HBO’s Satoshi Revelation, Expert Cautions
[Oct 8, 2024 7:07 PM] After days of anticipation, HBO is set to release its highly awaited documentary exploring the true identity of Satoshi Nakamoto, the enigmatic creator of Bitcoin (BTC). While many are eager to uncover the individual behind this pseudonym, one…
FTX Bankruptcy Plan Approved: $16 Billion In Assets To Be Repaid, FTT Price Soars 20%
[Oct 7, 2024 8:33 PM] A US bankruptcy court has officially approved crypto exchange FTX liquidation plan, paving the way for it to repay customers using $16 billion in recovered assets, according to Reuters, which reports that the ruling was made by Judge John Dorsey…
Bitcoin In Flux: Bearish Trends Can’t Deter $100,000 Price Predictions, CNBC
[Oct 4, 2024 7:43 PM] Following a volatile week, Bitcoin (BTC) has once again captured the attention of investors as it fluctuates between bearish and bullish sentiments. Earlier this week, the leading cryptocurrency retracted to the $59,800 mark after reaching a…
Ripple XRP Case: SEC Moves To Appeal Court Ruling
[Oct 3, 2024 12:03 AM] In a significant move that could reshape the regulatory landscape for XRP and blockchain payments company Ripple, the US Securities and Exchange Commission (SEC) announced on Wednesday that it is appealing the court ruling limiting its authority…
Uptober Outlook: Why Bitcoin Could Reach $98,000 Following Bullish September
[Oct 1, 2024 3:40 PM] Bitcoin (BTC), the largest cryptocurrency by market capitalization, recently celebrated a remarkable September, achieving a two-month high of $66,560 last Friday. Although it fell short of its all-time peak of $73,700 in March, the strong…
Bitcoin Futures Under Pressure: $64,000 Support Critical To Avert Long Squeeze
[Sep 27, 2024 7:13 PM] With Bitcoin (BTC) hitting a near three-month high of $66,000 on Friday, technical analyst InspoCrypto suggests that the BTC futures market is at a critical juncture, with the potential for further short squeezes and the importance of maintaining…
MicroStrategy’s Bitcoin Stash Exceeds 250,000 BTC Following Half-Billion Dollar Acquisition
[Sep 20, 2024 5:15 PM] Business intelligence firm MicroStrategy, led by Bitcoin (BTC) bull Michael Saylor, announced on Friday a successful $1.01 billion raise through the sale of convertible senior notes, a strategic move aimed at acquiring more BTC and redeeming…
BREAKING: Fed Cuts Rates—Bitcoin And Markets React With A Bang
[Sep 18, 2024 6:25 PM] The long-awaited day has arrived: the US Federal Reserve (Fed) has announced its decision to cut interest rates, with significant implications for both Bitcoin (BTC) and the broader cryptocurrency market. Following the announcement, the markets…
CME Traders Bet Big Against Bitcoin As US Fed Rate Cut Looms
[Sep 18, 2024 4:28 PM] Traders on the Chicago Mercantile Exchange (CME) have been increasing their short positions on Bitcoin futures ahead of the US Federal Reserve’s interest rate decision, according to K33 analyst David Zimmerman. This move indicates a cautious…
Crypto Trends To Watch: Analyst Details 10 Reasons That Could Lead To Massive Q4 Gains
[Sep 16, 2024 5:04 PM] As the crypto market grapples with significant volatility and uncertainty, expert analyst Miles Deutscher has outlined ten reasons to be optimistic about the year’s fourth quarter (Q4). With Q4 fast approaching, Deutscher emphasizes that a…
MicroStrategy’s Largest Bitcoin Order Since 2021: Purchases Additional $1.1 Billion
[Sep 13, 2024 3:41 PM] Business intelligence company MicroStrategy has made big headlines again with its latest acquisition of 18,300 Bitcoin, valued at approximately $1.11 billion. The purchase, the largest by the company in over three years, was disclosed in a recent…
Grayscale Unveils First XRP Trust In The US, ETF Ahead?
[Sep 12, 2024 2:47 PM] Grayscale, a leading cryptocurrency asset manager, unveiled the first XRP trust in the US, propelling the token’s price by 8% to $0.57 at press time. XRP Trust Announced, Is The XRP ETF Incoming? Digital assets manager Grayscale today…
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 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 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. …
DOJ Penalizes Robinhood $3.9 Million For Past Crypto Withdrawal Restrictions
[Sep 5, 2024 3:08 PM] Crypto trading platform Robinhood has reached a $3.9 million settlement with the California Department of Justice (DOJ), following an investigation into its alleged failure to allow customers to withdraw their cryptocurrency from 2018 to 2022. The…
Bitcoin Analyst Points To $55,000 As Potential Bottom – US Liquidity The Key
[Sep 4, 2024 3:46 PM] Bitcoin has been under intensified selling pressure since the start of the week, with the largest cryptocurrency experiencing a nearly 4% drop in value over the past seven days. This decline brought Bitcoin to a one-month low of $55,690 earlier on…
Crypto Firm Galois Capital Faces $200K Fine From US SEC For ‘Investor Violations’
[Sep 3, 2024 5:19 PM] The US Securities and Exchange Commission (SEC) has announced a settlement with troubled crypto hedge fund Galois Capital. The SEC charged Galois with failing to meet critical requirements for safeguarding customer assets, including those the…
Telegram CEO Out Of Police Custody In France, Faces Potential Indictment
[Aug 28, 2024 2:57 PM] Pavel Durov, the founder of the social media app Telegram, was released from police custody in France on Wednesday and now faces possible charges after being transferred to a court for questioning. This follows his arrest at Paris’s Bourget Airport…
Bitcoin Market Update: Analyst Sees 65% Chance Of Retest Before Surge To $68,000
[Aug 26, 2024 5:11 PM] Bitcoin (BTC) has regained significant momentum over the past week, breaking free from the $49,000 lows it reached during the broader market crash on August 5. Since the past seven days, the flagship cryptocurrency has surged over 8%, climbing…
Bitcoin Price Breaches $62,000: Market Reacts To Powell’s Speech
[Aug 23, 2024 4:33 PM] In a week marked by economic anticipation and turbulence, the crypto market experienced a rollercoaster ride as the Bitcoin price surged and retreated in response to Federal Reserve Chair Jerome Powell’s remarks at the Jackson Hole Economic…