Bitcoin appears to be drifting away from the interest of mainstream investors and institutions, raising concerns about its market dominance. Recent data highlights a troubling trend, with significant ...
Category: Bitcoin
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Why the US BTC reserve plan could be years from becoming reality
Today, enjoy the On the Margin newsletter on Blockworks.co. Tomorrow, get the news delivered directly to your inbox. Subscribe to the On the Margin newsletter. Welcome to the On the Margin Newsletter,...
Crypto Strategist Says Seller Exhaustion in Sight for Bitcoin, Predicts Subsequent Price Rebound for BTC
An analyst who nailed the pre-halving Bitcoin correction believes BTC and crypto are close to witnessing either a bounce or a sustained reversal. Pseudonymous analyst Rekt Capital tells his 499,300 fo...
Suze Orman’s Insights on Bitcoin: Why Spot Bitcoin ETFs Are the Best Investment Choice
The recent insights from a prominent crypto analyst have captured the attention of the market. Suze Orman, host of the Women and Money podcast and a well-known financial advisor, believes that ETF inv...
US Election Not Likely To Impact Bitcoin Rally, VanEck Exec Says
VanEck Head of Digital Assets Research, Matthew Sigel has debunked recent claims of Bernstein that the upcoming US election will have a direct impact on Bitcoin. This contrasting comment that dismisse...
Institutional Investors Drive Bitcoin ETF Surge
Spot Bitcoin ETFs have garnered significant interest from over a thousand institutional investors within just two 13F reporting periods, according to Bloomberg’s senior ETF analyst, Eric Balchunas. Th...
Analyst Predicts ETFSwap (ETFS) to Touch $50 if Bitcoin (BTC) Crosses $100,000 and Ethereum (ETH) Reaches $6,000
Bitcoin (BTC) and Ethereum (ETH) are two cryptocurrencies known for affecting the trajectory of the digital market. As such, a leading analyst in the metaverse has made bold predictions for these cryp...
Michael Saylor Predicts Bitcoin Will Reach $13 Million Per Coin
MicroStrategy Executive Chairman Michael Saylor predicted on Monday that Bitcoin will reach $13 million over the next two decades. The billionaire explained why the leading digital asset’s recent vola...
Matthew Sigel Challenges Bernstein’s Claims: Why Bitcoin’s Future Isn’t Tied to the US Election
VanEck’s Matthew Sigel challenges recent claims about the US election’s impact on Bitcoin’s future. He asserts that Bitcoin’s price movements are driven more by market sentiment than political outcome...
Why Is Bloomberg Analyst Bullish on Spot Bitcoin ETFs Despite $1.2B Outflow?
US Bitcoin exchange-traded funds (ETFs) have experienced their longest period of daily net outflows since their introduction at the beginning of the year. Data compiled through September 6, 2024, reve...
Bitcoin Exchange Acquired by Binance Becomes Third Cryptocurrency Exchange to Be Licensed in Indonesia!
Tokocrypto, an Indonesian cryptocurrency exchange owned by Binance, has become the third exchange in the country to receive a full license as a Physical Crypto Asset Dealer (PFAK) from Indonesia’s Com...
Bitcoin Could Sink to $30,000 If Kamala Harris Wins Election, Says Bernstein
In a stark assessment of the upcoming U.S. presidential election’s potential impact on the crypto market, analysts at Bernstein have forecast that Bitcoin could test the $30,000-$40,000 range if Vice-...
Stablecoin aUSDT Backed by Gold As Precious Metal Much Less Volatile Than Bitcoin, Says Tether CEO Paolo Ardoino
The CEO of Tether says that the stablecoin issuer’s synthetic aUSDT product is backed by gold rather than Bitcoin (BTC) because the precious metal is more stable in price than the crypto king. In a ne...
Bitcoin ETFs Attract Over 1,000 Institutional Investors
Since their debut in the US market in January 2024, spot Bitcoin exchange-traded funds (ETFs) have been a magnet for institutional investors. These ETFs allow for direct portfolio inclusion of Bitcoi...
If Trump wins, Bitcoin is hitting $90,000 before January: Bernstein
Donald Trump’s potential re-election could push Bitcoin to unseen highs. According to a new report from asset manager Bernstein, if he wins, Bitcoin is hitting $90,000 before January. Trump’s promises...
Bitcoin (BTC) Faces Risks Amid Anticipated Federal Reserve’s 50 Basis Point Rate Cut
The recent labor report by the United States has set the stage for potential interest rate cuts by the Federal Reserve (Fed). While initial reductions are anticipated next week, a significant cut of 5...
BTC Bounces Back from $52.62K; Is a Surge to $59K Next?
BTC, the largest cryptocurrency by market cap, has bounced back from the $52.62K support level on Friday, showing signs of a price reversal in the short term. Market analysts anticipate that if this m...
Could Be Satoshi? Decade-Old Bitcoin Wallet Mysteriously Springs Back To Life With $8 Million In BTC ⋆ ZyCrypto
Advertisement     In a notable development for the crypto community, a dormant Bitcoin (BTC) wallet that had been untouched for over a decade has suddenly sprung back to life, transfer...
Bitcoin to reach $13m in 21 years, Michael Saylor predicts
Michael Saylor, MicroStrategy’s executive chairman, expects Bitcoin to capture 7% of global capital in the coming years and outclass other assets. On Sept. 9, Bitcoin (BTC) was trading just under $55,...
Metaplanet Doubles Down On Bitcoin, Institutional Demand To Push BTC Higher?
Japanese-based company Metaplanet has announced plans to acquire more Bitcoin (BTC) amid the recent market sentiment. The company informed members of the 11th series of stock acquisition rights by the...
Bitcoin Remains Below $60,000, Time To Buy The Dip And This Crypto ICO
Expert analysis from veteran crypto traders shows that Bitcoin (BTC) could offer long-term opportunities to investors buying the dip after it suffered bearish declines, which resulted in its trading b...
Fractal Bitcoin Mainnet Launch Taps BTC Core Code For Scaling Solution
Key points: Fractal Bitcoin launched its mainnet today, deploying a Bitcoin scaling solution that leverages the core codebase. The project is led by Unisat and Block Space Force, both acting as core c...
Bitcoin Dominance Slips as Altcoin Market Cap Soars to $824 Billion
Bitcoin dominance is approaching a key multi-year resistance level around 56.85%. Historical patterns suggest a potential “Alt-Season” if Bitcoin dominance faces rejection. Altcoins could see signific...
Bitcoin To Reach $90K By Year-End If Trump Wins Presidency, Or $30K If Harris Becomes President — Bernstein ⋆ ZyCrypto
Advertisement     A new research report by analysts as broker Bernstein suggests that the crypto market, particularly Bitcoin (BTC), may experience a substantial shift based on the out...
Bitcoin Climbs 2% While Analysts Remain Wary of US Inflation Report
Bitcoin traded up 1.8% at $54,440 on Monday morning during European trading hours, rebounding from a weekend slide. The dip appeared to have been set off by Friday’s disappointing U.S. jobs repo...
Introducing The Bitcoin Report: A New Monthly Digest from Bitcoin Magazine Pro
In today’s financial world, understanding Bitcoin is no longer optional—it’s essential. As the sector grows and continues to attract attention from traditional finance, the need for high-quality, data...
This Stock Beats Bitcoin ETFs in 2024
With the hype surrounding Bitcoin exchange-traded funds, many investors are drawn to the potential of these financial instruments. However, some analysts suggest there might be a better alternative: M...
Has Bitcoin Found a Bottom? According to These Analysts, the Answer is “Yes”! -Here is the Data!
Bitcoin, which has been struggling with sharp declines since its ATH in March, has experienced another decline in recent days. After this decline, questions such as “Are these levels the bottom now? W...
Bitwise Spot ETF Reveals Bitcoin as World’s Top-Performing Asset!
Key Points: Bitwise spot ETF data shows Bitcoin as the world’s top-performing asset, outperforming traditional investments. According to Bitwise’s latest graph, Bitcoin’s exceptional growth surpasses ...
Bitcoin could soar by 62% if this happens: Wall Street analyst
Bitcoin price rose for three consecutive days as investors bought the dip ahead of the Donald Trump and Kamala Harris debate and the closely watched U.S. inflation report. Bitcoin (BTC) rose to $55,70...
Bitcoin miners hold 9.1% of BTC supply – Will it trigger a supply shock?
BTC miners have shown resilience, intensifying the chances at an incoming supply shock. However, the market bottom remained elusive, reducing the impact of their efforts. Bitcoin [BTC] bulls showed st...
Bitboy Boldly Predicts Bitcoin Cycle Top at $146,641 Despite Ongoing Turbulence
Experts continue to see substantial potential in Bitcoin, even as its price has experienced significant volatility in recent weeks, dropping from nearly $60,000 to under $53,000 by Friday. Although B...