In readiness for the fourth Bitcoin halving, crypto firms are exploring ways to maximize their profits before April 2024, when the reward for mining BTC will be reduced by half. The attempt to solve the complex puzzle revolving around the upcoming Bitcoin…
As the countdown to April 2024 Bitcoin halving begins, critical players in the crypto sector forecast that the demand for BTC will double down. Michael Saylor, the co-founder of MicroStrategy, anticipates that BTC will increase by ten times before the end of…
The crypto market has experienced a slight bounce with Bitcoin leading the way. The top cryptocurrency jumped to over $27,000 in the last 24 hours, gaining 2.42%. Other top cryptocurrencies have also bounced slightly as a result. This represents a break out…
Bitcoin has been trading sideways for days after crashing below $26,000 for the first time since March. This has led to a general crash in the crypto market as altcoins follow Bitcoin’s trends. As a result, many investors have become pessimistic. It…
In a wide-ranging interview with CNBC titled Squawk Box, the head of research at Fundstrat, Tom Lee, projected that approving the pending Bitcoin spot exchange-traded funds (ETFs) application will trigger the Bitcoin prices to garner bullish momentum. The analyst anticipates that the…
For a while, Bitcoin (BTC) has not been able to experience a bullish run. The trading price of Bitcoin has continued experiencing a downtrend and even the relief rally was not good enough to push its price. Despite the efforts, the bulls…
The trading prices of cryptocurrencies have started to show a recovery today. However, the cryptocurrency industry is eager to know exactly how long would the recovery last. The main question of the day is whether the future of FTX is secure or…
BTC price shows massive rebound signals as the bellwether crypto hovers at the $40K zone. On-chain metrics hint at an enormous bullish picture from a long-term standpoint. Near-to-mid-term cases show a possible leg-up towards the $50K mark. Bitcoin has its price actions…
Bitcoin recorded downside corrections and traded beneath $42K. The leading crypto should steady above $40K to prevent trend reversals. Bitcoin saw a new plunge beneath the $43K and $42Kk levels. The price hovers under $43K and 100-Hr Simple Moving Average. The 1-hr…
Bitcoin secured support floor at $34.3Kk and $34.5K The currency trades beyond $38K and 100hr Simple Moving Average. The one-hour chart shows a bullish trend-line emerging with support at $37.6K. The world’s largest crypto has to overcome $39.5K and $40K for further…
US consumer price surged 7.5% year-on-year in January, pressuring Fed Reserve to stiffen policy. Historically, BTC has seen extended upswings amid rising inflation. As inflation spikes, experts expect US Fed to increase interest rates hostilely. Analysts believe Bitcoin will climb to $48,000…
Bitcoin had its price rallying by over 2021 despite bearish attacks from China, and market participants might expect more gains in the upcoming year. The broad crypto market has had an excellent year in price actions and adoption. Though the recent bearish…
Mike McGlone is a well-known commodity strategist who has been associated with Bloomberg for many years. McGlone recently expressed his expert opinion on the direction of the Bitcoin market. According to him, Bitcoin has a better chance of resetting at $60K rather…
Briefly – BTC price seems to stage a 15% uptrend after a slight retracement. ETH looks to form a high low that might result in a $2,319 retest. XRP needs to reclaim a low level at $0.65 for a 20% surge to…
A variety of reactions all around the globe have been inflamed by the El Salvadoran adoption of Bitcoin (BTC) to be used as a legal tender. Although those in favour of Bitcoin are consequently praising this step yet various regulatory bodies are…
Although it is true that Bitcoin wants to soar as high as the financial markets and the undying support of the traders would allow it to, but Elon Musk and China have been among those pushing its flight towards the ground. Elon…
Briefly – BTC facing resistance at around $41,250. Bitcoins following a soaring support line. Support lies at $38,000. BTC continued its descent over the past day after a 15th June resistance rejection. The leading digital asset by market cap is in a…
The analysis of the market of cryptocurrency, which was performed by JPMorgan, undoubtedly highlighted the distinction between the spot prices of Bitcoin (BTC) and the futures prices of BTC. Analysts of JPMorgan stated that the market of Bitcoin has reverted to backwardation…
Mark Yusko, the Chief Executive Officer and Founder of Creek Capital Management had recently made his feelings about Bitcoin known. He predicts that not only shall BTC be in a position to be considered as a legitimate rival to gold in terms…
Well, it finally happened. BTC’s price has finally reached over $60,000 again after weeks of continuous struggle. As of the time of this writing, the price currently sits around the $60,700 mark, fluctuating slightly ever so often. Also, the new all-time high…
