Bitcoin’s price movement shows bullish solid momentum as it inches closer to key resistance levels that could trigger a significant breakout. Bitcoin (BTC) currently stands at approximately $68,250, j...
Category: Bitcoin
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Cardano Founder Predicts Bitcoin DeFi Will Outpace Ethereum and Solana
Cardano says that Bitcoin is “back in the family and innovating again” and that its DeFi ecosystem will dwarf that of Ethereum and Solana. Cardano recently partnered with BitcoinOS, a smart contract p...
Bitcoin Price May Reach $170,000 by 2025
Jamie Coutts from Real Vision predicts a notable surge in Bitcoin‘s value, estimating an increase of 155% by the year 2025. His analysis suggests that the growing global money supply could elevate Bit...
Bitcoin ETFs Near 1 Million Milestone Amid Record October Inflows
Spot Bitcoin exchange-traded funds (ETFs) are experiencing one of their strongest months since launching in January 2024, with inflows surpassing $3 billion so far in October. This surge in demand has...
Bitcoin Could Surge 155% by 2025
Anticipation surrounds Bitcoin‘s potential price surge, with forecasts suggesting it could rise as much as 155% in the next few years. Jamie Coutts from Real Vision asserts that the increasing global ...
Record Inflows into Spot Bitcoin ETFs Approach 1 Million BTC, Suggesting Potential Market Dynamics
In October 2024, spot Bitcoin exchange-traded funds (ETFs) surged with record inflows exceeding $3 billion, marking a significant development in cryptocurrency investments. The recent activity has pus...
Bitcoin Short Positions Face Serious Risk Above $68,500 – Details
Este artículo también está disponible en español. Bitcoin has experienced a volatile week, with prices oscillating between a local high of $69,500 and a low of $65,000. After weeks of excitement and u...
Bitcoin’s Dominance Approaches 60%: What This Could Mean for the Future of Altcoins
The cryptocurrency market remains firmly under Bitcoin’s influence, with its dominance nearing levels unseen in years, leaving altcoins in the shadows. Despite ongoing regulatory scrutiny, Bitcoin’s r...
Spot Bitcoin ETFs: A Crucial Driver in Crypto Market Dynamics
Zach Anderson Oct 27, 2024 11:22 Spot Bitcoin ETFs accumulate significant BTC, influencing crypto market dynamics with sustained demand and institutional interest, according to BinanceResearch. Spot B...
Inactive Bitcoin Wallets Trigger Market Buzz
Recently, Bitcoin wallets that had remained silent for years have come back to life by transferring substantial amounts of Bitcoin, capturing the spotlight of traders and investors alike. What Caused ...
Bitcoin: Will $67K support hold after BTC whales take billions in profits?
Buying pressure on Bitcoin increased over the last week. BTC successfully tested a support and might soon move towards $68k. Bitcoin [BTC] has once again entered the consolidation phase as its price...
With $17 Billion Bitcoin Wealth, Will MicroStrategy Sell BTC in the Future? Here is the Theory
According to analysts at BitMEX Research, it is “unlikely” that commercial IT firm MicroStrategy, known for its huge Bitcoin holdings, will be forced to sell its Bitcoin despite the fluctuations in BT...
Bitcoin Is Now Worth $1 Trillion More Than Ethereum
Bitcoin has assumed its biggest price lead in recent history over the altcoin ecosystem, leaving Ethereum – its perennial number 2 – in the dust. The market capitalization of the OG crypto is now over...
Bitcoin Whales Set New Record Holding 670,000 BTC, What’s Next?
Bitcoin whales have accumulated 670,000 BTC, marking an all-time high, signaling potential long-term optimism for the market. Whale accumulation phases typically precede major price movements, with pa...
Fake Bitcoin ETF Post Lands Alabama Man Plea Deal In SEC Social Media Hack Case
The US government is preparing a plea deal for the hacker who targeted the Twitter/X account of the Securities and Exchange Commission (SEC), Bloomberg reported. The deal was made just a few days afte...
Bitcoin ETFs See High Demand This Week
This week has seen notable volatility in the cryptocurrency sector, particularly with Bitcoin (BTC) nearing its mid-year peak of $69,500 but ultimately falling short. Currently, Bitcoin is stabilizing...
NFT sales drop to $89m, Solana overtakes Bitcoin for 2nd place
The non-fungible token sales volume over the last week has dropped by 7%, and stands at $89.1 million. The crypto market, exhibiting signs of recovery, has taken a U-turn. According to the latest data...
Bitcoin ETF Inflows Drive Market Dynamics
This week, the cryptocurrency market experienced notable volatility, particularly with Bitcoin (BTC) testing its July peak of $69,500 before retracting to approximately $65,000, where it has found som...
Bitcoin Spot ETFs Attract $402 Million as Ethereum Faces Outflows
Bitcoin spot ETFs saw net inflows of $402 million on October 25, led by BlackRock’s $292 million contribution. Ethereum spot ETFs faced a net outflow of $19.156 million, highlighting shifting investor...
Bitcoin ETF Demand Hits 6-Month High
Demand for the US spot Bitcoin Exchange-Traded Funds (ETF) has rebounded after weeks of low activity. This surge in inflows signals a shift in institutional investors’ sentiments, with market particip...
Analytics Company Released its Weekend Update – What to Expect in Bitcoin and Cryptocurrencies in the New Week?
As stated in the statement made by cryptocurrency analysis firm QCP Capital, there were significant fluctuations in the cryptocurrency market last week. Bitcoin (BTC) retested the local high of $69,50...
Malaysian Electricity Company Hit Hard By Illegal Bitcoin Mining
Bitcoin mining, a complex activity that requires adding data to the blockchain, has been the subject of complaints. While it’s arguably a lucrative trade for some, it impacts the local electricity gri...
Bitcoin Gearing Up for ‘Monstrous’ Breakout Amid Shallower Dips, Says Top Analyst – Here’s His Outlook
A crypto strategist known for earning the “Master Trader” rank on the digital asset exchange Bybit believes Bitcoin (BTC) is setting the stage for a renewed bull market. In a new video, pseudonymous a...
Solana and Tron Defy Weekly Market Sentiment, Bitcoin Shaky at $67K
The past seven days didn’t go well for bitcoin, which is on course to end the week with minor losses of nearly 2%. The altcoins were a lot more volatile, but the majority are deep in the red now. Sola...
Another Strong Week for Bitcoin Funds, Ethereum Demand Lacks
The spot Bitcoin ETFs enjoyed another week of substantial inflows, with almost $1 billion entering the funds in the past five trading days. The same cannot be said about their Ethereum counterparts, w...
Bitcoin UTXO Surpasses COVID 2020 Levels To New ATH
Este artículo también está disponible en español. Bitcoin’s consolidation below $68,000 extended throughout this week, with bulls holding steady above the $66,000 support level. Although the cryptocur...
Michael Saylor Urges Microsoft To Consider Bitcoin As Path To Next Trillion-Dollar Growth
Following Microsoft’s recent proposal to shareholders to consider investing in Bitcoin, Michael Saylor, co-founder of MicroStrategy and a prominent BTC advocate, publicly encouraged Microsoft CEO Saty...
Russia enacts control measure on Bitcoin mining operations
Key Takeaways The new Russian law allows the government to ban digital currency mining in specific areas. Federal agencies now have access to digital currency identifier addresses. The Russian governm...
Bitcoin Dominance Soars Amid Market Volatility and Institutional Demand
According to recent insights from QCP Capital, released on October 27, the **cryptocurrency market** has experienced notable volatility over the past week. Bitcoin (BTC) attempted to breach the pivota...
Ethereum Continues Losing Ground To Bitcoin With ETH/BTC Ratio at Multi-Year Lows
Ethereum (ETH) continues to perform poorly against Bitcoin (BTC) as the second-largest digital asset by reported market cap hit new multi-year lows against the top cryptocurrency. Ethereum Continues T...
What’s Next for Bitcoin, Ethereum And Solana Price? BTC Eyes $70k Levels
Bitcoin remains above a critical price level, currently hovering just above $67,000. This position is important as it shows strength in the short term. Over recent days, Bitcoin has been forming a sid...
Is BlackRock Propping Up Bitcoin Price? Market Analyst Shares Details
Bitcoin has faced a turbulent week, with price swings ranging from a local high of $69,500 to a low of $65,000, cooling off after weeks of bullish excitement. Now, BTC is consolidating just below the ...