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Before Bitcoin: 4 Early Digital Currencies and Why They Collapsed

[Oct 18, 2024 8:30 PM] Before bitcoin took the spotlight, several digital currencies aimed to change the way we exchange value, but none could withstand the test of time. Ecash, E-gold, Liberty Reserve, and Q coins each had their moment, only to fall short in the end…

El Salvador Survey Shows Bitcoin’s Lindy Effect in Action

[Oct 18, 2024 6:50 PM] Follow Nikolaus On X Here El Salvador’s misguided critics got some new ammunition this week. A recent survey revealed just 7.5% of Salvadorans use Bitcoin for transactions, and that 92% of Salvadorans do not. But while some (cue: Steve Hanke) may…

Bitcoin Price To $95,000? Here’s What Needs To Happen First

[Oct 18, 2024 10:00 AM] The Bitcoin price has now broken above the $68,000 mark amid a run of a 12% price increase in the past seven days. However, analysis says the Bitcoin price will not stop this surge anytime soon. According to a detailed analysis posted on…

Bitcoin Poised For Minimum 60% Rally As 3 Critical Signs Align

[Oct 18, 2024 8:30 AM] Henrik Zeberg, a macroeconomist known for his expertise in business cycles, has pinpointed an upcoming rally of at least 60% for the Bitcoin price in his latest technical analysis. The seasoned analyst has identified a pattern across three critical…

Bitcoin Holders In Profit Hits 95%: Is BTC Overheating?

[Oct 18, 2024 4:30 AM] On-chain data shows around 95% of all Bitcoin holders are in profit following the latest bullish action that the asset’s price has seen. Very Few Bitcoin Addresses Are Still Underwater In a new post on X, the market intelligence platform…

Bitcoin Price Positioned for More Upside: Can It Keep Climbing?

[Oct 18, 2024 2:44 AM] Bitcoin price holding gains above the $67,000 resistance zone. BTC is now consolidating and aiming for more gains above the $68,350 resistance. Bitcoin remained stable and extended gains above the $67,500 zone. The price is trading above $67,400…

JPMorgan: We Are Bullish on Digital Assets Into 2025

[Oct 18, 2024 1:30 AM] Global investment bank JPMorgan is bullish on cryptocurrency into 2025, driven by regulatory shifts and geopolitical tensions. Analysts suggest a Donald Trump re-election as the U.S. president could propel BTC higher, reinforcing the…

Bitcoin Whale Transfers See Massive Spike: Sign Of Profit-Taking?

[Oct 17, 2024 11:00 PM] On-chain data shows the Bitcoin whale transactions have spiked following the latest rally, a sign that profit-taking may have begun. Bitcoin Whale Transaction Count Now Highest In Over 10 Weeks According to data from the on-chain analytics firm…