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JPMorgan Says ‘Unrealistic’ to Expect Bitcoin to Match Gold Within Investors’ Portfolios

[Mar 10, 2024 3:00 AM] JPMorgan says the argument that bitcoin’s market cap would rise to $3.3 trillion if it matched gold in portfolios, implying more than doubling in price, overlooks risk. “It would be unrealistic to expect bitcoin to match gold within…

Galaxy Digital CEO Anticipates BTC Reaching $100K This Year Citing ‘Runaway Momentum’ in Spot Bitcoin ETFs

[Mar 9, 2024 10:30 PM] Galaxy Digital CEO Mike Novogratz firmly believes that bitcoin will reach $100K this year. “Right now there are more buyers and sellers,” he explained, adding that there is “runaway momentum” in bitcoin exchange-traded…

Bitwise CIO Predicts Bitcoin Bull Market Won’t End Early — Expects an ‘Everything Season’

[Mar 9, 2024 9:30 PM] The chief investment officer at Bitwise Asset Management has explained why the current bitcoin bull market differs from prior bull markets. He doesn’t expect the bull market or the alts season to “end early,” emphasizing that he…

Rich Dad Poor Dad Author Robert Kiyosaki: Bitcoin ‘on Fire’ — BTC Headed for $300K This Year

[Mar 9, 2024 6:30 PM] Rich Dad Poor Dad author Robert Kiyosaki says bitcoin is “on fire,” predicting that the crypto will hit $300K this year. Bitcoin surged to a new all-time high this week, fueled by soaring demand for spot bitcoin exchange-traded funds…

Gold’s Price Surge to Nearly $2,200 Overshadowed by Bitcoin’s ‘Speculative Mania,’ Peter Schiff Claims

[Mar 9, 2024 5:00 PM] In a manner similar to bitcoin and the overall crypto market, gold’s value has climbed, nearly touching $2,200 per ounce this week. This uptick is widely attributed to demand from central banks, with surveys indicating both Wall Street and…

Crypto Analyst Predicts Bitcoin Could Surpass $330,000, Breaking Historical Growth Patterns

[Mar 9, 2024 2:30 PM] In an analysis posted on Tradingview, cryptocurrency analyst Tradingshot presents a view where bitcoin might cross the $330,000 threshold. Utilizing a blend of historical pattern disruptions and the Theory of Diminishing Returns (TODR), the market…

NFT Market Flourishes With an 11.62% Rise This Week; Largest Ordinal Inscription Fetches Record 8 BTC

[Mar 9, 2024 7:31 AM] Sales of Non-fungible tokens (NFTs) have witnessed a notable uptick this past week, climbing 11.62% to hit $442.02 million over the previous seven days. The most significant transaction was the sale of the ‘Alien’ Cryptopunk #3,100…

Mark Cuban: Bitcoin Demand to Outpace Supply, BTC Is a Great Store of Value

[Mar 7, 2024 9:20 PM] Billionaire investor Mark Cuban, a minority owner of the National Basketball Association (NBA) team Dallas Mavericks, expects the price of bitcoin to go up due to the supply-demand dynamic. “I do feel that the demand is going to exceed the…

Bitcoin’s Warm-up Phase: Analyst Predicts a Market Evolution That Could ‘Shock’ Traditional Finance

[Mar 7, 2024 11:00 AM] As bitcoin remains close to its peak price levels, a wave of positive sentiment and enthusiastic vigor is enveloping the crypto sphere. This week, onchain analyst Willy Woo, the same market strategist who asserted in November 2023 that bitcoin will…

South Korea’s Bitcoin Premium Hits 2-Year High, Surpassing Global Rates by $4K 

[Mar 7, 2024 9:30 AM] The latest data reveals that the premium on bitcoin in South Korea has escalated to its highest level in more than two years. At 7:30 a.m. Eastern Time (ET) on Thursday, the weighted global average price for bitcoin hovers between $66,800 and…

Solana’s BODEN Token, Nodding to Joe Biden, Sees Major Uptick After TRUMP Coin Rally 

[Mar 6, 2024 2:30 PM] The digital asset known as maga (TRUMP) has experienced significant appreciation, while a newer cryptocurrency, jeo (BODEN), has seen its value skyrocket by 1,597%, as per data from coinmarketcap.com. In the last 24 hours alone, BODEN has witnessed…

Blackrock’s Bitcoin ETF Adds 12,623 BTC in Largest Single-Day Purchase Since Launch

[Mar 6, 2024 10:30 AM] Blackrock’s spot bitcoin exchange-traded fund (ETF), the Ishares Bitcoin Trust (IBIT), has broken its record for the largest single-day bitcoin purchase since its launch. The world’s largest asset manager’s spot bitcoin ETF now…

Bitcoin Technical Analysis: BTC Bulls Regain Strength After Recent Pullback

[Mar 6, 2024 6:38 AM] In the last day, bitcoin exhibited a dynamic display, marked by significant fluctuations and upward movements across different periods. Upon hitting a peak at $69,210 per unit on Mar. 5, the cryptocurrency dipped below the $60,000 threshold, only…

Bitcoin ETFs Break Trading Volume Record — Blackrock’s IBIT Now Holds Over 170K BTC

[Mar 5, 2024 8:30 PM] Ten spot bitcoin exchange-traded funds (ETFs) shattered their trading volume record on Tuesday, reaching a staggering $10 billion. Blackrock’s Ishares Bitcoin Trust (IBIT) continues to dominate, surpassing $11 billion in assets under…

Precious Metal Peaks — Gold Surpasses $2,140, Marking Historic Price High

[Mar 5, 2024 4:30 PM] As bitcoin climbed beyond its previous 2021 peak, the value of an ounce of pure gold similarly hit a lifetime high on March 5. The globally acknowledged safe haven asset soared to $2,140 per ounce on Tuesday, marking a 4.97% increase against the…

Bitcoin Shatters Lifetime Price High Breaking the $69K Barrier

[Mar 5, 2024 9:06 AM] On March 5, 2024, at 10:03 a.m. (ET), bitcoin’s value eclipsed its previous lifetime peak against the U.S. dollar, ascending beyond the $69,000 threshold on Tuesday. This breakthrough in valuation marks a new all-time high (ATH), occurring…

Skybridge Founder Insists It’s ‘Still Very Early’ to Buy BTC — Sees Bitcoin as the New Berkshire Hathaway

[Mar 4, 2024 10:00 PM] Skybridge Capital founder Anthony Scaramucci has insisted that it is “still very very early” to buy bitcoin. He likened the cryptocurrency to Warren Buffett’s company, calling it the “Berkshire Hathaway of the 21st…

Bitwise CIO Says Bitcoin Could Top $200K This Year Citing ‘Too Much Demand, Not Enough Supply’

[Mar 4, 2024 8:00 PM] Bitwise’s chief investment officer says bitcoin price could surge above $200K this year due to a “massive supply-demand dynamic,” emphasizing that “there’s too much demand and not enough supply” for the…

Microstrategy to Buy More Bitcoin With Proceeds From $600M Convertible Note Sale

[Mar 4, 2024 6:30 PM] Nasdaq-listed company Microstrategy is planning to sell $600 million in convertible senior notes and use some of the proceeds to buy additional bitcoin. Microstrategy now holds 193K bitcoin. The company’s executive chairman, the pro-bitcoin…

Headband-Wearing ‘Alien Punk’ NFT Sells for $16 Million, Marking Second Highest Cryptopunk Sale

[Mar 4, 2024 2:30 PM] As the value of cryptocurrencies continues to climb, the second-highest sale of a Cryptopunk non-fungible token (NFT) has been recorded at $16 million, as per onchain records. This sale significantly exceeds its previous purchase price of $7.67…

Ethereum Technical Analysis: Bullish Market Sentiment Keeps ETH Above $3,500

[Mar 4, 2024 7:35 AM] Ethereum’s price experienced a turbulent trading session on March 4, 2024, with significant intraday fluctuations marking the landscape. Despite the short-term volatility, underlying indicators and moving averages suggest a strong bullish…

Bitcoin Technical Analysis: BTC Hits $65K, Edging Closer to Peak Valuation

[Mar 4, 2024 6:47 AM] In a powerful demonstration of resilience, bitcoin’s value climbed past the $65,000 mark on March 4, 2024, showcasing a significant upward movement from its 24-hour low of $61,769. This climb is supported by a robust trade volume of $42.41…

$1 Million per BTC by 2033: Predicting Bitcoin’s Price Trajectory Using the Power Law Model

[Mar 3, 2024 11:30 AM] In an era where bitcoin’s value fluctuates wildly, a price model has emerged, offering a mathematical glimpse into its future price. The “Bitcoin Power Law,” suggests an interesting path for bitcoin’s price, rooted in…

Galaxy Digital Sees ‘Tremendous Global Demand for Bitcoin’ — CEO Says ‘There’s a New Army of Buyers’

[Mar 2, 2024 11:30 PM] Galaxy Digital CEO Mike Novogratz sees “a tremendous global demand for bitcoin,” emphasizing: “This is probably the first time in the history of bitcoin that we have true price discovery.” Noting that there is “a new…

Peter Brandt on Bitcoin Bull Market: My Bet Is This Is a ‘Starting’ Candle

[Mar 2, 2024 9:30 PM] Veteran trader and renowned chartist Peter Brandt has doubled down on his bullish outlook for bitcoin. After raising his bitcoin price target for this bull market cycle to $200K, Brandt pointed to “huge monthly bars” on his bitcoin…

JPMorgan Expects Bitcoin Price to Drop to $42K After Halving

[Mar 2, 2024 7:30 PM] JPMorgan has cautioned investors that the price of bitcoin could fall to $42,000 after the halving event in April. The global investment bank’s analysts explained that $42K is the level they “envisage bitcoin prices drifting towards…

Bloomberg Strategist Sees Bitcoin as Global Alternative Currency — Warns Stock Market Drawdown Could Impact BTC

[Mar 1, 2024 7:05 PM] Bloomberg Intelligence’s senior commodity strategist, Mike McGlone, says bitcoin is “becoming an alternative currency on a global basis,” noting that “The world’s going towards intangible assets and bitcoin is the…

Blackrock’s Bitcoin ETF Single-Handedly Offsets Grayscale’s $600M Outflow — IBIT Now Holds 161K BTC

[Mar 1, 2024 9:00 AM] Blackrock’s spot bitcoin exchange-traded fund (ETF), the Ishares Bitcoin Trust (IBIT), single-handedly offset Grayscale’s bitcoin ETF outflow of $600 million on Thursday. Blackrock’s bitcoin ETF has broken both its trading…

Bitcoin Technical Analysis: BTC’s Bullish Rise Continues Amidst Market Optimism 

[Mar 1, 2024 6:59 AM] Over the past hour, as bitcoin’s value swings from $62,150 to $62,545 on March 1, 2024, the cryptocurrency market is experiencing a pronounced upward trend. With a trading volume of $55.41 billion over 24 hours and a market cap touching…

Peter Schiff Predicts Bitcoin ETF Bubble — Expects BTC to Crash When Gold Breaks Out

[Feb 29, 2024 10:00 PM] Gold advocate and vocal bitcoin critic Peter Schiff has warned of a bubble in bitcoin exchange-traded funds (ETFs) that will burst when gold rallies. Schiff argues that gold will “inevitably” break out, and the price of bitcoin will…