COINOTAG reported on December 23rd that the Market Value to Realized Value (MVRV) ratio offers significant insights into Bitcoin’s current market positioning. Despite BTC reaching an all-time high las...
Category: Bitcoin
Live Bitcoin News Updates.
Metaplanet Boosts Bitcoin Holdings by 56% Buying BTC Price Dips
Japan’s MicroStrategy Metaplanet announced the purchase of an additional 617 BTC on Monday, buying the Bitcoin dips to $95,000 levels. It further reported that the company has generated a massive 309%...
Michael Saylor Makes Bitcoin Advice to Amazon Founder Billionaire Jeff Bezos
Amid rumors that the upcoming wedding of Amazon founder Jeff Bezos, one of the richest people in the world, will cost $600 million, Bitcoin bull Michael Saylor made a BTC proposal to Bezos. Saylor urg...
Bitcoin Price Volatility Expected Amid Low Liquidity Environment, Predicts FalconX Research
On December 23rd, COINOTAG reported insights from Bloomberg regarding cryptocurrency market trends. FalconX’s Head of Research, David Lawant, expressed in his analysis that a bullish trajectory for th...
Bitcoin’s Gains in 2024 Highlight Cocoa’s Unprecedented Price Surge Amid Supply Challenges
Despite significant gains this year, Bitcoin trails behind cocoa as the standout commodity in 2024, reflecting shifting market dynamics and global events. The cocoa market, driven by severe production...
Bitcoin Fails to Outperform Cocoa in 2024
Even though Bitcoin managed to record impressive gains in 2024, it is not the best-performing commodity of the year. According to data provided by MarketWatch, cocoa is up by a whopping 185% this yea...
ZEC up +15.48%, BTC -0.61%, Zcash is The Coin of The Day – Daily Market Update for Dec 23, 2024
Key highlights: The total cryptocurrency market cap decreased from $ 3.36T to $ 3.29T in the past 24 hours, representing a -2.15% change The Bitcoin price at press time is $ 95,573 after falling by -0...
Bitcoin May Face $20,000 Drop as Global Money Supply Shrinks
Bitcoin’s 15% correction during the third week of December marked its largest weekly price drop since August. Experts attribute the decline to the impact of global macroeconomic factors, warning that ...
Will Bitcoin Hit $100K Next?
Low sentiment suggests a contrarian opportunity for Bitcoin, with analysts predicting a potential recovery above $100K. Despite short-term corrections, macroeconomic support points to Bitcoin reaching...
Bitcoin’s Recent Drop Sparks Concerns Over Further Decline Amid Global Liquidity Tightening and Illiquid Supply Dynamics
Bitcoin faces its steepest weekly drop since August, with experts linking its 15% correction to global liquidity tightening. A $4.1 trillion decline in Global Money Supply suggests Bitcoin may face fu...
Metaplanet’s $60 Million Bitcoin Purchase Raises Questions About Future Accumulation Strategy
Japanese investment firm Metaplanet has made headlines after acquiring $60 million worth of Bitcoin, marking a significant milestone in its cryptocurrency strategy. With this latest purchase, Metaplan...
Metaplanet expands Bitcoin holdings with 9.5 Billion yen purchase
Tokyo-based Metaplanet Inc. purchased additional Bitcoin, continuing Bitcoin Treasury Operations. The company bought 619.70 Bitcoins at an average price of 15,330,073 yen a piece and paid a total of 9...
ChatGPT Predicts XRP Price If Bitcoin Hits $200K, What Does This Mean For Coins Like Yeti Ouro And Shiba Inu?
Many analysts predict that the cryptocurrency market could see major shifts if Bitcoin climbs to $200,000. Given their current market positions and ongoing advancements, such a milestone would likely ...
Bitcoin Faces 11% Drop Amid Economic Adjustments, But Analysts Predict Possible Surge to $200,000 by 2025
Bitcoin has experienced a notable retreat, dropping approximately 11% from its recent peak, stirring discussions within the cryptocurrency community. This decline marks an essential pivot as Bitcoin a...
Sorry Saylor, Bitcoin was always about payments — minisatoshi releases BCH upgrade history to complement epic BTC fork map
Bitcoin Cash community member and self-described “freedom maximalist” minisatoshi has released a detailed trajectory of Bitcoin, tracing it’s path as P2P permissionless cash from 2009 to the present. ...
Institutional Demand Drives Spot Bitcoin ETFs to Absorb More BTC Than Miners Produce, Heightening Price Sensitivity Risks
The recent surge in Spot Bitcoin ETF inflows is reshaping the market, highlighting a stark divide between institutional demand and miner output. This unprecedented growth in ETF inflows, totaling $423...
Metaplanet Expands Bitcoin Holdings to 1,761.98 BTC Following $60.70 Million Investment
Metaplanet, a Japanese investment firm, has made another major addition to its Bitcoin holdings, purchasing 619.70 BTC for 9.5 billion yen (Approximately $60.70 Million) . Following this acquisition, ...
Bitcoin ETFs consume more BTC than miners produce: What this shift means
Spot Bitcoin ETFs absorbed 4,349.7 BTC, far surpassing miner supply this week. Institutional demand tightens liquidity, amplifying Bitcoin’s price sensitivity and volatility risks. Institutional deman...
BTC At $94K, MOVE Down 20%, HYPE Falls 19%
The cryptocurrency market today continued to show bearish momentum, with Bitcoin (BTC) falling below $95,000. The global crypto market dropped by approximately 2% to $3.27 trillion, while trading volu...
Bitcoin Signal: Could XRP, Solana, ATH, FIL, and RNDR Be Set to Rally?
Bitcoin’s recent decline has caused a bearish phase, affecting the broader crypto market. Altcoins like XRP, Solana, Aethir, Filecoin, and Render also experienced notable drops. Despite negative senti...
Michael Saylor Proposes Bitcoin Reserve Framework That Could Enhance US Dollar Strength and Address National Debt
MicroStrategy’s Michael Saylor has unveiled an ambitious Digital Assets Framework for the U.S., aiming to leverage Bitcoin to enhance national wealth. Saylor’s proposal seeks to establish a Bitcoin re...
Metaplanet Expands Its Bitcoin Holdings to 1,761.98 BTC with $60.68 Million Purchase
In a significant move within the cryptocurrency market, Metaplanet, a publicly traded company in Japan, recently disclosed its acquisition of an additional 619.7 BTC. This purchase, valued at approxim...
Could Bitcoin Drive America’s Wealth to $81 Trillion? Michael Saylor Says Yes!
Michael Saylor favors establishing a strategic Bitcoin reserve in the US. With the likelihood of generating up to $81 trillion in revenue, states are beginning to champion similar moves. MicroStrategy...
The The Best Coins to Invest in Today While Bitcoin and XRP Broaden Perspectives
Cryptocurrency continues to offer unmatched opportunities for investors seeking transformative returns. As blockchain adoption accelerates, innovative projects like Qubetics ($TICS), alongside establi...
Bitcoin Price Surge Complicates Gopax Acquisition Negotiations with Megazone
On December 23rd, COINOTAG News reported that the recent surge in Bitcoin prices has complicated the acquisition negotiations between Megazone and Streami, the parent company of South Korean cryptocur...
Ethereum Could Take Crown Back From Solana As Bitcoin Slides – Will ETH Hit a New High This Cycle?
According to analysts, Ethereum might recover its lead over Solana as Bitcoin’s price falls. This potential shift has left investors speculating whether ETH could reach a new ATH in this cycle. With i...
Bitcoin Price Under Pressure: Could The Slide Continue?
Bitcoin price extended losses and traded below the $100,000 zone. BTC is showing bearish signs and might continue to move down toward the $91,200 support zone. Bitcoin started a fresh decline from the...
Michael Saylor Suggests Jeff Bezos Consider $100 Million Bitcoin Investment Amid Wedding Controversy
Amidst the buzz surrounding Jeff Bezos’ extravagant wedding plans, a call for diversification into Bitcoin has emerged from notable figures. MicroStrategy’s co-founder Michael Saylor suggested that Be...
Bitcoin’s December Trends: Historical Increases and Insights Ahead of Year-End Rally
COINOTAG reported on December 23rd that an analysis of Bitcoin’s price history reveals intriguing trends for the month of December. According to data from Coinglass, Bitcoin has experienced six price ...
Best Altcoins To Invest In Now: Qubetics Presale Sets New Standards As AAVE Nears $400 And SUI Integrates Bitcoin
The crypto market in December 2024 is buzzing with fresh opportunities and transformative projects that promise massive returns. As new technologies and utilities redefine the blockchain landscape, pr...
Cryptocurrency Market Update: Bitcoin Dips Below $94,000, Ethereum Falls Under $3,225, XRP Slips Below $2.15
Bitcoin Drops Below $94,000, Ethereum Falls Below $3,225, XRP Slips Below $2.15—————💰Coin:Bitcoin ( $BTC ) $93,912.50Ethereum ( $ETH ) $3,225.01XRP ( $XRP ) $2.15—————NFA. Source: https://en.coinotag....
US Bitcoin Reserve Could Potentially Cut National Debt by 35% by 2049, Says VanEck
Asset management firm VanEck reveals that a US Bitcoin reserve could significantly mitigate national debt, projecting a future Bitcoin price of $42.3 million. According to their analysis, if the US ac...