Why Bitcoin might see a correction despite the recent surge

Bitcoin surged by 7.96% over the past week. Market fundamentals suggested that Bitcoin could experience a market correction soon. As expected, Bitcoin [BTC] has experienced a strong October. While the...

Could Bitcoin’s Journey Since The Economist’s Dismissal Signal Future Growth Possibilities?

Bitcoin, once dismissed by major financial outlets, has transformed into a global financial powerhouse over the past decade. Despite early skepticism, the cryptocurrency has demonstrated remarkable re...

Could Northern Data’s Potential Divestment of Peak Mining Signal a Shift Towards AI Dominance in the Bitcoin Mining Sector?

Northern Data is strategically shifting its focus from cryptocurrency mining to artificial intelligence (AI) solutions. The company’s decision to possibly divest its Peak Mining division reflects a gr...

6 steps to move an old 401k into a bitcoin IRA

Bitcoin could be on the verge of a major new bull run. According to Tuur Demeester of Adamant Research, in his publication How to Position for the Bitcoin Boom, we may be in the early stages of a new ...

Could Bitcoin (BTC) Be Poised for a Potential Surge Towards $200K Amid Market Dynamics?

Bitcoin’s recent surge past $69,500 has initiated a significant correction, highlighting the volatile nature of the cryptocurrency market. This price movement indicates bullish market sentiment and su...

Why We’re Not Seeing a Rally in Ethereum While Bitcoin Price is Continuously Making a Surge?

According to a report by Kaiko Research, Ethereum’s performance has lagged behind Bitcoin since the Fed’s 50 basis point rate cut in September. Bitcoin’s price rose 14% to hit $69,50...

Could Bitcoin’s Recent Price Fluctuations Hint at Volatile Trends Ahead?

Bitcoin’s recent surge toward $70,000 met a swift reversal, raising concerns among traders. Current market volatility has led to significant liquidations, particularly impacting long positions on Bitc...

Exploring the Potential Implications of Bitcoin’s Record Open Interest on CME Futures

The Bitcoin futures market is experiencing unprecedented activity, signaling heightened interest among institutional investors. As of October 18, open interest on Bitcoin futures at the Chicago Mercan...

BTC down Monday after climbing past $69K. What’s next?

Bitcoin hit roughly $69,400 over the weekend before retreating slightly as wars rage on and the US election approaches.   The asset’s price stood at roughly $67,600 at 4:30 pm ET — down about 2% on th...

Could Northern Data Group’s Potential Sale of Its Bitcoin Mining Business Point to a Shift Toward AI Solutions?

Northern Data Group is contemplating a significant shift in its business strategy by considering the sale of its Bitcoin mining division, Peak Mining. This decision aligns with the company’s ambition ...

BlockDAG’s 50% Bonus Enters Last Lap – Here’s Why BDAG is the Network to Watch Over Bitcoin & Stacks’ Price Movements

As we head toward the close of 2024, Bitcoin remains the brightest crypto in the market with price surges that are close to setting records. Stacks, a Bitcoin layer 2, is also high on the list of top-...

Bitcoin Approaches $70,000 Resistance: Expert Insights on Market Drivers and Short-Term Goals

In a recent interview on October 22, Pi42’s co-founder and CEO Avinash Shekhar emphasized that Bitcoin is nearing a pivotal resistance level of $70,000. This movement in price is attributed to several...

Bitcoin’s Recent Surge: Exploring Potential Factors Behind Its Strong Performance Amidst Ethereum’s Challenges

The recent rate cut by the U.S. Federal Reserve has served as a catalyst for Bitcoin’s substantial price movement. Bitcoin’s value surged by 14%, hitting highs above $69,500, showcasing investor confi...

Bitcoin Nears Potential New Heights as Analysts Identify Factors Fuelling Recent Surge

Bitcoin has recently surged to its highest price in three months, igniting renewed interest in the cryptocurrency market. Analysts predict a critical week ahead, with substantial implications for Bitc...

Bitcoin ETFs See Record Inflows Amid Institutional Interest, But Caution Remains on Market Stability

Bitcoin exchange-traded funds (ETFs) are experiencing unprecedented inflows, reflecting a shift in institutional investment strategies. Among the key contributors to this trend are favorable market co...

Bitcoin 9% Away From its ATH-Here’s Why The Upcoming Bull Market Peak is Way Ahead of $100K

After breaking above the 7-month-old consolidation, the Bitcoin price is step by step heading towards its ATH at $73,750. The price just marked levels past $69,500, suggesting the next big move could ...

What’s behind the latest rise (and retreat) of BTC

Today, enjoy the Forward Guidance newsletter on Blockworks.co. Tomorrow, get the news delivered directly to your inbox. Subscribe to the Forward Guidance newsletter. Looking back, ahead after BTC brea...

Bitcoin Primed for Next Vertical Leg As ‘Mass Attention’ Approaches, Says Crypto Analyst

A widely followed crypto analyst says that Bitcoin (BTC) is gearing up for a new vertical leg as it mirrors past movements of a major stock index. The pseudonymous analyst known as TechDev tells his 4...

Could Weekend Crypto Trends Indicate a Shift for XRP and Bitcoin Amidst Legal Speculations and Market Activity?

Crypto markets experienced a notable shift over the weekend, driven by key developments in regulatory frameworks and market sentiment. The Ripple lawsuit against the SEC remains a focal point, with ne...

Is Bitcoin warming up for a $100K explosion? Here’s what’s brewing

With Bitcoin sitting near $70K, is $100K the next stop? How will the U.S. election, ETF approvals, and market sentiment impact its future path? Bitcoin is bitcoining  Bitcoin (BTC) has been on an impr...

Bitcoin Price Alert: Major Liquidation Levels As $65K and $69K Targets Approached

According to recent insights from COINOTAG, as of October 21, analysis from Coinglass reveals critical liquidation levels for Bitcoin. If the price dips below $65,000, the cumulative liquidation of lo...

Minneapolis Fed researchers label Bitcoin a threat, suggest heavy taxation or banning

The Federal Reserve Bank of Minneapolis has recommended a tax or ban on Bitcoin. In a recently published working paper, the Minneapolis Fed described this as necessary for the government to maintain a...

Analysts Warn of Bitcoin Price Drop

Industry analysts have raised alarms regarding a potential decline in Bitcoin‘s value, a prediction made just days before the cryptocurrency began to fall significantly. The most recent data indicates...

Bybit Card Expands Cashback Options to Include BTC and ETH

Dubai, United Arab Emirates, October 21st, 2024, Chainwire Bybit, the world’s second-largest cryptocurrency exchange by trading volume, is thrilled to announce the expanded cashback program for its si...

Crypto Price Analysis 10-21 BITCOIN: BTC, ETHEREUM: ETH, SOLANA: SOL, RIPPLE: XRP, POLKADOT: DOT, OPTIMISM: OP, AKASH NETWORK: AKT

Bitcoin (BTC) registered its best week in over a month, with its price up almost 8% as the world’s largest cryptocurrency edges towards the $70,000 mark. BTC is currently trading just under $69,000 an...

Jameson Lopp Reveals Over 100 Chilling Attacks on Bitcoin Holders

More than 100 physical attacks have been perpetrated against Bitcoiners, according to the “Known Physical Bitcoin Attacks” archive, maintained by Casa’s co-founder Jameson Lopp. The archive catalogs a...

Bitcoin Massive Decline May be in the Cards as OI Hits New ATH at $40.5B

The recent surge in Bitcoin futures open interest (OI) to a new all-time high, combined with rising bullish sentiment, has raised concerns about a potential pullback.  Notably, Open Interest in the Bi...

Northern Data embraces AI boom, mulls ditching Bitcoin mining roots

Europe’s largest Bitcoin miner, Northern Data, is exploring the potential divestment of its mining division, Peak Mining, as part of a strategic shift to focus entirely on its rapidly growing AI Solut...

Bitcoin May Be Stuck Below $70,000 Milestone, But Hash Rate Just Hit A New All-Time High ⋆ ZyCrypto

Advertisement &nbsp &nbsp Bitcoin’s price action is displaying bearish momentum. After briefly touching a high of $69,431 Monday morning, BTC quickly retreated to sub-$67,000 levels, but at le...

Bitcoin miner Revolve Labs proposes $60m data center in Minnesota

Colorado-based Bitcoin mining company Revolve Labs has announced plans to build a $60 million data center in Glencoe, Minnesota, as part of its effort to expand its mining capacity.  The proposed faci...

Bitcoin labeled a “useless piece of paper” as FED Bank of Minneapolis cites its lack of intrinsic value

Key Takeaways Bitcoin criticized by Federal Reserve Bank for lacking intrinsic value and destabilizing fiscal policies. Proposed solutions include taxing or banning Bitcoin to restore fiscal control. ...

Analyst Benjamin Cowen Issues Bitcoin Warning As BTC Dips To Start the Week – Here’s His End-of-Year Outlook

A widely followed crypto analyst is issuing a Bitcoin warning after BTC‘s failed breakout and dip to the $66,000 range early Monday. In a new video update, crypto strategist Benjamin Cowen tells his 8...