An investor who recognized Bitcoin’s potential from the beginning is now focusing on a fresh contender in the cryptocurrency arena. Rather than supporting established platforms like Ethereum and Solan...
Category: Bitcoin
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Analysis Company: “The Bull Phase Has Started in Bitcoin”, Shares Price Target
Cryptocurrency analytics firm MarktQuant has released an optimistic market update stating that Bitcoin (BTC) has officially entered a full bullish phase based on its proprietary Bullish/Bearish model ...
Why Buying Bitcoin Below $70,000 Could Be a Big Brain Move: 3 Key Insights
Should you buy Bitcoin? Is the bull market about time to start? Is buying Bitcoin now a big brain move? Bitcoin has held steady for months, showing strength despite market shifts. After a 48% rise in ...
Bitcoin Price Headed For $35,720? Why Muted Volume Could Trigger Major Crash
Este artículo también está disponible en español. Alan Santana, a crypto analyst on TradingView, has predicted that the Bitcoin price could potentially experience a drastic decline to new lows around ...
3 Reasons Why Bitcoin (BTC) Hashrate Hits New ATH of 925 Eh/s
The Bitcoin (BTC) hashrate, a measure of the total combined computational power used to mine and process transactions on the proof-of-work blockchain, has continued to grow. While this metric is cruci...
What Will Happen Next for Bitcoin Price? 5.5 Billion Dollar Shakeout So Close
Bitcoin surged above $69,000 overnight on Sunday, hitting its highest price in three months. The rally capped Bitcoin’s strongest week in two months and added fuel to excitement in a market already ga...
Bitcoin Miners Boost Profits with New Services
Bitcoin miners are witnessing a rise in profitability and are expanding their range of services following the recent halving event. The current hashrate, which indicates the total computational power ...
Several BTC miners are behind the new Bitcoin Voter PAC
A group of BTC miners, including Riot Platforms, Clean Spark, and Mara Holdings, is throwing their weight behind the new Bitcoin Voter PAC, as competition intensifies to influence the outcome of the 2...
Could Bitcoin See Continued Gains as Investor Optimism Grows Around Potential Republican Victory?
The recent surge in cryptocurrency prices has captivated investors, primarily led by Bitcoin’s notable performance. According to CoinShares, the influx into digital asset funds reached a staggering $2...
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...