Tag: Bitcoin

Jrome Powell, Chair of the US Federal Reserve, continues to express optimism about achieving the inflation target of 2%.

CryptoQuant, a cryptocurrency analytics firm, suggests that the Bitcoin market may be on the cusp of a new upward trend.

In a recent interview with Bernstein analysts, CleanSpark CEO Zach Bradford predicted Bitcoin could peak near $200,000 within the next 18 months, suggesting a rapid price increase may occur before a period of stability.

Bitcoin recently pulled back slightly from its near $66,000 high but remains above $60,000, a key milestone that could signal the beginning of a major rally.

A well-known analyst, known for his accurate crypto predictions, suggests that Bitcoin (BTC) and altcoins are setting up for further gains.

Bitcoin experienced a significant sell-off, dropping nearly 2.5% within the last 24 hours after Shigeru Ishiba was elected as Japan’s new prime minister.

Bitcoin (BTC) reached a two-month peak on September 28, nearing the crucial $66,000 threshold.

Jerome Powell, the Chair of the U.S. Federal Reserve, is set to speak at the National Association for Business Economics today, just ahead of the release of the U.S. nonfarm payrolls report on Friday.

MicroStrategy’s early investment in Bitcoin has proven highly successful, delivering a 36-fold return and cementing its status as the largest public holder of the cryptocurrency.

Bitcoin began a significant upward trend in the crypto market two weeks ago, peaking at $66,480, a level not observed since July.

Michael Saylor, co-founder and chairman of MicroStrategy, is once again making headlines in the cryptocurrency community with his latest Bitcoin prediction.

Speaking at the Tsinghua Wudaokou 2024 Chief Economists Forum in Beijing, former Chinese Finance Minister Lu Jiwei urged China to carefully assess the progress and risks associated with cryptocurrencies.

Coinbase, a leading US cryptocurrency exchange, believes digital assets are poised for significant appreciation in the coming months.

On September 27, Howard Lutnick, CEO of Cantor Fitzgerald, appeared on Fox Business and called for regulators to recognize Bitcoin as a commodity akin to gold and oil.

Bitcoin continued its upward momentum this past week, reaching as high as $66,000 on Friday, September 27th, as it looks to close out September strong and enter October with even more gains.

According to recently updated bankruptcy documents shared by FTX creditor Sunil Kavuri, those owed money from FTX can expect to recover only 10-25% of their cryptocurrency.

The Crypto Fear & Greed Index has hit its highest level since July, holding above 60 for two straight days.

Markus Thielen, Head of Research at 10x Research, indicated that recent Federal Reserve rate cuts and China’s stimulus measures have ignited renewed interest in the crypto market.

Cynthia Lummis, a U.S. Senator and pro-crpypto advocate, has criticized the SEC’s approach to cryptocurrency regulations, claiming it hinders the industry’s growth.

On September 27, U.S. spot Bitcoin ETFs recorded net inflows totaling $494.27 million, continuing a positive trend that began on September 19.

BlackRock continues to expand its Bitcoin portfolio, reaching 363,626 BTC as of Friday, September 27.

Over the past eight years, Bitcoin’s price has shown a consistent positive correlation with the People’s Bank of China’s (PBOC) balance sheet.

A cryptocurrency analytics firm recently revealed that major investors, often referred to as whales, have begun shorting Bitcoin (BTC) again as its price approaches $67,000.

Bitcoin has surged 5.4% over the past week, driven by a 50 basis point interest rate cut from the U.S. Federal Reserve.

Grayscale revealed its top 20 cryptocurrencies for the fourth quarter of 2024, adding six new altcoins and emphasizing trends such as decentralized artificial intelligence and blockchain scalability.

The bullish santiment is prevailing within the Bitcoin market as we are witnessing major price surges across the board.

As Wall Street investors increasingly turn to Bitcoin (BTC), MicroStrategy, led by Michael Saylor, has established itself as a prominent player in the crypto market.

Coinbase has officially added support for Hamster Kombat, a tap-to-earn game on Telegram, by listing its token, HMSTR, for perpetual futures trading.

Popular crypto expert Kevin Svenson believes Bitcoin (BTC) could reach new all-time highs by the close of 2024.

Arthur Hayes, co-founder of BitMEX, believes that the quantitative easing (QE) policies being implemented by various governments will have a positive impact on Bitcoin and the overall crypto market.

On Thursday, U.S. investors funneled approximately $365 million into spot Bitcoin ETFs, pushing total inflows to over $600 million for the week, according to data from Farside Investors.

The U.S. Securities and Exchange Commission (SEC) has greenlit Bank of New York Mellon Corp.’s (BNY Mellon) initiative to provide custody services for digital assets, potentially encompassing a range beyond just Bitcoin and Ethereim ETFs.

After the price of Bitcoin broke above $64,000, the majority of cryptocurrency holders are in profit.

New York City Mayor Eric Adams has been indicted as a result of a federal corruption investigation, making him the first mayor in the city’s history to be indicted during his tenure.

The price of Bitcoin reached a one-month high after central banks cut interest rates in September, with analysts expecting the upward trend to continue.

The Bitcoin options market has hit a significant milestone following the U.S. Securities and Exchange Commission’s approval of options trading on BlackRock’s iShares Bitcoin Trust.

U.S. Bitcoin exchange traded funds (ETFs) posted a fifth straight day of positive net inflows on Wednesday, totaling $105.9 million.

A recent analyst study introduces an advanced approach to estimating the active realized price of Bitcoin, offering a more accurate estimate of the cost base of active market participants.

Michael Saylor, co-founder of MicroStrategy and a well-known Bitcoin supporter, recently voiced his support for BlackRock’s Head of Digital Assets Robbie Mitchnick’s statement.

In its latest daily report, QCP highlighted that the macroeconomic environment for cryptocurrencies and other risk assets is showing signs of improvement.

The founders of Glassnode, an analytics firm, believe an altcoin rally could soon begin.

According to Marcus Thielen, head of research at 10x Research, experienced traders are increasingly shifting their attention from Bitcoin to promising altcoins.

Exodus, a prominent crypto wallet provider, has made a major move to bolster political advocacy for the digital asset industry.

After the SEC approved the first-ever spot Bitcoin ETFs in January 2024, including BlackRock’s, the asset manager has steadily increased its Bitcoin holdings.

Amid economic difficulties in China, investors are increasingly turning to Bitcoin and other cryptocurrencies as safe havens.

After a 15% rally in the last two weeks, Ethereum (ETH) is now stabilizing between $2,600 and $2,700.

Mt. Gox has moved a substantial amount of Bitcoin, sparking speculation about upcoming repayments to its customers.

Charles Hoskinson, the creator of Cardano (ADA), has sharply criticized the Ethereum (ETH) blockchain, likening it to a “dictatorship.” In a recent interview, he expressed concerns that Vitalik Buterin, Ethereum’s co-founder, holds excessive power over the network’s guidelines, which contradicts the decentralized principles Ethereum purports to uphold. Hoskinson pointed out that Cardano’s governance model, grounded […]

A well-known cryptocurrency analyst suggests that Bitcoin (BTC) might be on the verge of a major breakout, drawing from historical trends.

Sky, previously known as MakerDAO, is reconsidering its stance on using Wrapped Bitcoin (WBTC) as collateral after a crucial meeting with BitGo CEO Mike Belshe.

BlackRock’s Bitcoin and Ethereum exchange-traded funds (ETFs) experienced a significant boost, attracting around $158 million in net inflows on Tuesday as the crypto market rebounded, pushing Bitcoin’s price above $64,000.

Australia is ramping up its efforts to regulate the cryptocurrency sector to enhance consumer protection and curb fraudulent practices.

A crypto trader recently made headlines by turning a small $135 investment into an astounding $1.2 million in just 15 days, thanks to a sharp rise in the value of a new token called Terminus.

A leading crypto exchange’s research division is alerting traders to monitor open interest (OI) while dealing with altcoins.

Quantitative analyst PlanB is predicting a significant breakout for Bitcoin (BTC), suggesting it may soon mimic the explosive price action seen in 2020.

In a surprising twist, House of Chimera reports that Bitcoin-supported MicroStrategy has outperformed major S&P 500 companies, including Apple, Microsoft, NVIDIA, and Amazon.

According to Matt Hougan, Chief Investment Officer at Bitwise, while widespread allocations of Bitcoin in client portfolios are still on the horizon, more financial advisors are now investing in cryptocurrency within their own personal portfolios.

On Monday, Ark Invest sold 44,609 shares of its spot Bitcoin exchange traded fund ARKB worth $2.8 million from its ETF Next Generation Internet (ARKW).

Bitcoin (BTC) is approaching its August 25 peak of $65,200, a key resistance level that may lead to prolonged consolidation, according to the latest Bitfinex Alpha report.

Analysts suggest that Bitcoin and the broader cryptocurrency markets might be on the verge of a significant breakout if past cycles hold true.