The largest stock exchange in Hong Kong has announced that it will launch a new crypto index to meet the increasing demand for digital assets. In a new announcement, Hong Kong Exchanges and Clearing L...
Category: Bitcoin
Live Bitcoin News Updates.
BTC hits $69K again 8 days from election. What’s next?
This is a segment from the Forward Guidance newsletter. To read full editions, subscribe. As the work week kicks off, bitcoin clocked another Monday surge — this time to $69,000. We had reported on B...
Why Ethereum’s Price Isn’t Soaring as Much as It Used to and Is Lagging Behind Bitcoin? What will happen in the coming period?
The two largest cryptocurrencies, Bitcoin and Ethereum, are moving in opposite directions, creating confusion among investors. According to data from CoinGecko, Ethereum (ETH) fell 7% last week to $2,...
Increased Bitcoin ETF Inflows May Suggest Potential Rally Above $70,000 Amid Upcoming Economic Events
The cryptocurrency market is witnessing a significant surge in Bitcoin demand, indicating investor confidence amid key economic developments. Recent data reveals that Bitcoin exchange-traded funds (ET...
Factors Suggest Possible Bitcoin Surge Amid Market Optimism and Political Influence
As Bitcoin positions itself for a potential surge, market analysts are optimistic about its trajectory driven by favorable macroeconomic conditions. Recent analyses suggest that Bitcoin could reach hi...
UAE, Argentina and Ethiopia begin state-backed Bitcoin mining
Three of the newest members of BRICS—Argentina, the UAE, and Ethiopia—have begun mining Bitcoin using government resources, according to Matthew Sigel, Head of Digital Assets Research at investment fi...
Bitcoin ETF Inflows Surge Close to $1 Billion Amid U.S. Presidential Election Buzz
As the U.S. approaches a pivotal presidential election, Bitcoin continues to capture investor confidence, highlighted by nearly $1 billion flowing into Bitcoin ETFs. This surge in investment is primar...
Emory University is first endowment to hold Bitcoin ETF
Emory University, based in Atlanta, Georgia, is the latest institution to report it holds a position in a Bitcoin spot exchange-traded fund The university disclosed it holds $15.1 million worth of spo...
MicroStrategy stock hits new high as Bitcoin soars to $69,000
Key Takeaways MicroStrategy’s stock aligns closely with Bitcoin’s market performance, reaching new highs. The company holds over 252,000 BTC, influencing its market strategy and valuation....
Trump's Momentum Is Too Big To Rig, The Bitcoin Candidate Will Win
Follow Nikolaus On X Here I joined over millions of live viewers online in watching the Donald Trump rally at Madison Square Garden last night, and as someone who attended the Republican National Conv...
Bitcoin Tests $69,000 Resistance as Traders Anticipate Potential Breakout Amid Sell Wall Challenges
Bitcoin’s resilience at the $68,000 mark signals potential future volatility, but key challenges lie ahead for reaching new all-time highs. As traders speculate on a potential breakout, the absence of...
Will November’s Rate Cuts and Election Push BTC Past $100K?
Will Bitcoin’s near-60% dominance surge translate into a breakout above $100K with the help of November’s market-shaping events, or will unexpected factors derail BTC’s upward journey? BTC dominance h...
Bitfinex says US election could push Bitcoin beyond its all-time high of $73,666
Key Takeaways Key factors for this potential price action include a surge in Bitcoin options activity, strong Q4 seasonality, and the “Trump trade”. Bitcoin options set to peak with $80,00...
Bitcoin Surge Towards $70,000 Mark Sparks Record ETF Inflows Despite Ethereum Outflows
On October 29, COINOTAG reported that Bitcoin traders are once again targeting the significant $70,000 mark, which was last reached in June. This renewed interest follows a notable decline across vari...
Bitcoin at $75K Is About to Trigger a 500x Surge in These Altcoins Before December Altcoin Frenzy
As Bitcoin edges toward a pivotal price threshold, a dramatic upswing in certain altcoins is on the horizon. These alternative cryptocurrencies could experience exponential growth, potentially increas...
Bitcoin Policy Institute Lays Out Six Reasons for Central Banks To Adopt BTC As Reserve Asset
A Bitcoin-focused nonprofit organization is outlining several reasons why central banks should adopt BTC as a reserve asset. In a new paper, the Bitcoin Policy Institute (BPI) says Bitcoin is an effec...
Altcoins Predicted to Outperform Bitcoin in November 2024: Top 3
Throughout most of October, Bitcoin (BTC) outperformed many altcoins within the top 100, dispelling speculation that an altcoin season would kick off this month. However, as the 11th month of the year...
Miners Optimistically Anticipate Bitcoin Price Increase Amid Recent Surge and Growing Market Dominance
The recent surge in Bitcoin prices has reignited interest among miners and investors, with prices reaching an impressive intraday high of $69,222. This bullish momentum follows the formation of a gold...
‘Very Bullish Setup’ for Bitcoin Going Into Election, According to VanEck Executive Matthew Sigel – Here’s Why
The head of digital assets research at exchange-traded fund (ETF) provider VanEck says that Bitcoin (BTC) is looking bullish ahead of the US presidential election. In a new interview on CNBC’s Squawk ...
Michael Saylor’s Bitcoin Investment Strategy: Buy High, Buy Low, Buy BTC
In August 2020, Michael Saylor’s MicroStrategy made its first Bitcoin purchase. MicroStrategy stock has hit a 25-year high of $236. The co-founder of MicroStrategy, Michael Saylor has transformed the...
‘This is a very bullish setup for Bitcoin’
Matthew Sigel, the head of digital assets at VanEck, says the current market setup is very bullish for Bitcoin, the world’s flagship digital asset. In an interview with CNBC’s Squawk Box on Oct. 28, S...
Bitcoin price could reach $3 million by 2050, says VanEck head of crypto research
Key Takeaways VanEck’s Matthew Sigel forecasts Bitcoin’s value at $3 million by 2050. He thinks Bitcoin could be a big part of the global economy. Matthew Sigel, head of digital assets res...
Bullish forecasts on the price of Bitcoin and Ethereum for November
Despite the recent price setbacks, Bitcoin and Ethereum seem to be on the right track to resume the bull market with positive forecasts. The outlook for November is actually pseudo-bullish: generally,...
Bitcoin Energy Value Approaches $100,000 as Analyst Predicts Potential Milestone
Bitcoin (BTC) is on the brink of a landmark achievement as its Energy Value approaches $100,000, a pivotal metric for the cryptocurrency market. The Energy Value model, crafted by analyst Charles Edwa...
Bitcoin Surges Near $69,000 as Altcoins Rally
As of the latest reports, Bitcoin‘s value is nearing the $69,000 threshold, highlighting a notable upswing in the cryptocurrency sector. Alongside Bitcoin, various altcoins are also experiencing posit...
Weekly Crypto Inflows Reach $901M, Bitcoin and Solana Lead Gains
Digital asset inflows hit $901 million last week, led by Bitcoin with $920 million. Solana saw four consecutive weeks of inflows, signaling growing investor interest. Ethereum and Cardano recorded out...
Is Bitcoin’s Next Target a New ATH as Its Relationship with Donald Trump Weakens? Analysts Explain!
With just a week left until the US elections, Donald Trump’s chance of winning is priced at 66.1% and Kamala Harris’s chance of winning is priced at 33.8%. While the probability of Trump w...
Bitcoin’s price surge powered by increased leverage
Bitcoin’s price has gained momentum over the past weeks and recently touched a high of more than $69,000, which is only 6% away from its all-time high. However, the high amounts of leverage behind the...
BlackRock’s Bitcoin holdings climb to $27.73 billion as Ethereum ETF outflows reach $7 million
Key Takeaways BlackRock’s Bitcoin holdings have reached 403,725 BTC, valued at approximately $27.73 billion. Ethereum ETFs recorded a net outflow of 2,917 ETH over the past seven days, indicatin...
Coinbase Bitcoin Premium Index Shows -0.084%: Insights on U.S. vs Global Investor Trends
On October 28, COINOTAG reported a noteworthy development in the cryptocurrency market, highlighting the Coinbase Bitcoin Premium Index, which momentarily recorded a value of -0.084%, according to Coi...
Bitcoin ETF (BTC) Holding Reported by Atlanta’s Emory University
Grayscale’s mini BTC fund launched much later than its counterparts, after the asset manager’s flagship bitcoin trust (GBTC), bled large amounts of assets largely due to its relatively high fee of 1.5...
$119 billion VanEck predicts Bitcoin$3m and become a global reserve asset
Investment manager VanEck, one of the bullish institutional investors in Bitcoin (BTC), believes the maiden cryptocurrency is on track to surpass the $1 million valuation in the coming years. Specific...