Bitcoin Faces Bearish Outlook as Support Weakens and Traders Adjust Short-Term Predictions for BTC Price Movement

As the Christmas week unfolds, Bitcoin (BTC) enters a bearish phase, with market analysts adjusting their short-term BTC price forecasts amid declining support levels. While traders brace for potentia...

From Rejection to Adoption: Governments and Institutions Embrace Bitcoin After Years of Skepticism

Once seen as a speculative asset, Bitcoin finally has its seat at the table as governments and institutions make their move from skepticism to outright adoption. The world’s first decentralized digita...

Robert Kiyosaki Hints At Economic Depression Ahead, What It Means For BTC?

Rich Dad Poor Dad author Robert Kiyosaki has issued a stark warning while hinting towards an economic depression ahead. In a recent X post, the renowned author said that the global market crash has al...

Why is the Bitcoin (BTC) Price Dropping? Is This Something to Worry About?

Ever since the BTC price triggered a massive breakout to the ATH, the markets have become highly optimistic about the next price action. The upper targets were elevated beyond $110K to $115K ahead of ...

Metaplanet Inc. Invests $61 Million More in Bitcoin, Signaling Continued Confidence in the Cryptocurrency

Japanese investment firm Metaplanet Inc. recently bolstered its Bitcoin holdings by nearly $61 million, showcasing continued confidence in the cryptocurrency market. With this acquisition, Metaplanet ...

Bitcoin Price Drop Triggers Market Concerns

The cryptocurrency market is facing significant turmoil as Bitcoin (BTC) plummets below $95,000, stirring worries among traders and enthusiasts. The overall market capitalization has dipped by 2%, now...

Bitwise Asset Management’s Matt Hougan on Bitcoin’s Resilience Amidst Market Pullback

According to Matt Hougan, the Chief Investment Officer of Bitwise Asset Management, the recent downturn in the cryptocurrency market is a result of what he describes as “natural deleveraging.” In his ...

XRP Adoption vs. BTC, ETH, USDT: Price Soars, Wallets Lag

Santiment reports that XRP non-empty wallets rose 28% in the last 2 years.  Ethereum non-empty wallets rose 47% while USDT non-empty wallets rose 66%. XRP is currently retesting lower $2 price levels ...

‘Omega Candle’ Is the Next Step for Bitcoin, Says BTC Veteran Samson Mow – Here’s What He Means

A veteran of the Bitcoin ecosystem says that BTC is moving into a phase where extreme price impulses to the upside will become normalized. In a new interview on the Block Rewards podcast, Samson Mow s...

Metaplanet buys the dip with 620 BTC

Metaplanet, the Japanese investment firm that’s one of the most aggressive buyer of Bitcoin in recent months, has added to its holdings with a fresh 619.70 BTC purchase. The company’s latest Bitcoin p...

Ambitious Bitcoin (BTC) Prediction from VanEck!

Whether Donald Trump’s promise of a national Bitcoin (BTC) reserve will come true remains a matter of curiosity, with analysts divided on the issue. While opinion remains divided, major asset ma...

Metaplanet makes largest Bitcoin bet, acquires nearly 620 BTC

Tokyo-listed Metaplanet has purchased another 9.5 billion yen ($60.6 million) worth of Bitcoin, pushing its holdings to 1,761.98 BTC. Metaplanet, a publicly traded Japanese company, has acquired 619.7...

Is the Trump Rally Over in Bitcoin? Will the Decline Continue? Analysts Answered!

As is known, although the FED cut the interest rate by 25 basis points last week in line with expectations, FED Chairman Jerome Powell made hawkish statements. Following these statements, Bitcoin (BTC...

Bitcoin’s Holiday Performance: Analyzing Volatility and Price Trends from Christmas to New Year

Recent analysis by COINOTAG on Bitcoin’s performance during the festive season reveals a **notable trend** over the past five years. From December 20 to January 6, Bitcoin exhibits **heightened volati...

More Pain Likely, Market Expert Says After Bitcoin’s 8% Price Loss

Bitwise’s Europe head of research, who has been accurately bullish on bitcoin (BTC) for months, has turned cautious after last week’s 8% dip, warning of deeper losses in the coming weeks. ...

Bitcoin Holdings by ETFs, Governments, and MicroStrategy Reach 31% of Total Supply, Says CryptoQuant CEO

The latest data from CryptoQuant reveals a significant trend in the Bitcoin market. As of December 23rd, the CEO of CryptoQuant reported that the cumulative Bitcoin reserves held by exchange-traded fu...

Bitcoin Correction Deepens, Sees Worst Week Since Trump Win

BTC prices are currently down 12% from their all-time high of just above $108,000 on Dec. 17, and the correction appears to be deepening. The asset hit an intraday low of $93,810 during trading in Asi...

Bitcoin (BTC) Undervalued Despite All-Time High: Analyzing MVRV-Z Score for Potential Recovery

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...

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. ...