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Bitcoin Price Prediction as Traditional Finance Giants Citadel, Fidelity and Schwab Enter Crypto – Can BTC Hit $1 Million?
23.6.2023
Bitcoin, the leading cryptocurrency, faces an intriguing future as major players from the traditional finance sector, including Citadel, Fidelity, and Charles Schwab, officially enter the crypto space.
Despite regulatory challenges and previous setbacks in the industry, the participation...
Crypto Community Divided over BlackRock's Recent Bitcoin ETF Application
23.6.2023
Asset management giant BlackRock's recent application to launch a Bitcoin exchange-traded fund (ETF) has stirred a debate within the crypto community, with mixed reactions and concerns about the involvement of traditional financial giants in the industry.
The world's largest asset manager's move...
Bitcoin Price Prediction: BTC Holds Steady Around $30,000; Can It Overcome Double Top Resistance at $30,800?
23.6.2023
In the world of Bitcoin, the price of BTC is currently maintaining stability around the $30,000 mark.
However, all eyes are now on whether Bitcoin can overcome its double top resistance level at $30,800.
This critical hurdle will determine the next phase of Bitcoin's price movement....
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Bitcoin Price Prediction as BTC Rockets Past $30,000 Level for The First Time Since April – Can BTC Keep Rising?
22.6.2023
Bitcoin's price has surged above the $30,000 level, marking a significant milestone not seen since April.
This remarkable rally prompts the question: Can Bitcoin sustain its upward momentum and continue to rise?
However, it is important to note that Bitcoin faces solid resistance near...
Bankrupt Bitcoin Miner Core Scientific Presents Chapter 11 Plan, Optimistic of Successful Revival
22.6.2023
The troubled US-based Bitcoin (BTC) miner Core Scientific has filed its reorganization plan under Chapter 11 of the US bankruptcy law, and now plans to convert debt to equity for creditors.
The filing was made in the Southern District of Texas on Wednesday, and shows that the mining firm...
CleanSpark Spends $9.3 Million on New Bitcoin Mining Facilities to Accommodate 6,000 Miners – Is Bitcoin Mining Still Profitable?
22.6.2023
Bitcoin (BTC) mining firm CleanSpark is expanding its operations with the acquisition of two Bitcoin mining sites in Dalton, Georgia, for $9.3 million.
The facilities will accommodate over 6,000 Bitcoin mining machines, including the latest generation Antminer S19 XP and S19j Pro+ units....
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Bitcoin Price Skyrockets by Over 20%, Crossing $30,000 Mark: What Lies Ahead for BTC?
22.6.2023
The price of Bitcoin has witnessed an astonishing surge, soaring by over 20% in the last seven days and breaking through the significant milestone of $30,000.
This remarkable rally has attracted widespread attention, with investors and analysts eagerly anticipating what lies ahead for BTC. ...
Bitcoin Price Prediction as Sky News Claims 21 Million BTC Supply Seized From Andrew Tate Worth $400 Million – What’s Going On?
21.6.2023
In a surprising turn of events, Sky News reported the seizure of a staggering 21 million Bitcoins from Andrew Tate, with a total value of $400 million.
This development has sent shockwaves through the cryptocurrency community, raising questions about the circumstances surrounding the seizure...
Bitcoin ETF Race Intensifies as WisdomTree and Invesco Both File Submissions Within 24 Hours Joining BlackRock
21.6.2023
The competition to launch a spot bitcoin exchange-traded fund (ETF) in the US has intensified with Invesco and WisdomTree filing submissions with the Securities and Exchange Commission for their own bitcoin ETFs.
On Tuesday, WisdomTree filed for the WisdomTree Bitcoin Trust, requesting the SEC...
Bitcoin Price Prediction: BTC Surges by Over 11%: Are We Heading Towards the $30,000 Mark?
21.6.2023
Bitcoin is grabbing attention once again, as it has witnessed a remarkable surge of over 11% in the past week.
Adding fuel to the fire, the launch of EDX, a new digital exchange, coupled with increasing institutional interest in cryptocurrencies, is creating a favorable environment for Bitcoin's...
Bitcoin Price Prediction as BTC Approaches $27,000 Resistance Level – What is the Next BTC Target?
20.6.2023
Bitcoin's ascent towards the critical resistance level of $27,000 has hit a roadblock, as the cryptocurrency struggles to break above this key level.
The recent price action has resulted in the formation of an inverted hammer candlestick pattern, signaling potential selling pressure.
If Bitcoin...
Binance Working on Bitcoin Lightning Network Integration for Deposits and Withdrawals
20.6.2023
Binance is working to enable the Bitcoin Lightning Network, which is designed to make bitcoin (BTC) transactions faster and cheaper.
"Binance is working to integrate the Bitcoin Lightning Network for deposits and withdrawals," the world's largest cryptocurrency exchange said in a Tuesday tweet. ...
Bitcoin Price Prediction as BTC Starts Forming Bullish Chart Pattern – Where is the Next BTC Target?
20.6.2023
Bitcoin (BTC) shows promising signs of a bullish trend as it forms a three-white soldiers pattern on the price chart.
This pattern, characterized by three consecutive bullish candlesticks, indicates a potential reversal from a downtrend to an uptrend.
In addition, BTC has successfully crossed...
Bitcoin Price Prediction: BTC Maintains Stability Below $27,000; Latest Market Updates
19.6.2023
In the ever-evolving world of Bitcoin, the current price remains stable below the $27,000 mark. As investors eagerly monitor the price action, let's delve into the latest market updates that are influencing Bitcoin's trajectory.
Notably, Goldman Sachs predicts that US inflation will decline...
Bitcoin Price Prediction as BTC Shoots Past $26,000 Resistance Zone – Where is the Next BTC Target?
18.6.2023
Bitcoin's price has experienced a significant surge, surpassing the crucial resistance level of $26,000. Bitcoin's current price is $26,515 , with a 24-hour trading volume of $9.3 billion.
With its dominant position as the top-ranked cryptocurrency on CoinMarketCap, Bitcoin holds a live market...
Bitcoin Price Prediction as BTC Bounces Up $1,000 From $25,000 Support – Are Whales Buying the Dip?
17.6.2023
Bitcoin's price has experienced a significant recovery, witnessing a notable bounce of $1,000 from a critical support level of $25,000.
This sudden upward movement has sparked speculation about the actions of influential market participants known as "whales," who might be capitalizing on...
Bitcoin Price Prediction As BlackRock Files for Spot Bitcoin ETF – Can BTC Hit $100,000 if It Is Approved?
16.6.2023
As BlackRock, one of the world's largest asset management companies, files for a spot Bitcoin exchange-traded fund (ETF), speculation arises about the potential impact on Bitcoin's price.
The anticipation of regulatory authorities' approval for such an ETF has led to discussions among investors...
Is the US's Crypto Crackdown a Blessing in Disguise for Other Nations?
16.6.2023
The regulatory crackdown on crypto in the US could prove to be just what is needed for the industry to thrive elsewhere, a recent Wall Street Journal article has indicated.
But according to the article, which took a rather hostile tone towards crypto, the industry’s move to greener pastures...
Bitcoin Dominance Reaches Two-Year High Amid Regulatory Challenges for Altcoins
16.6.2023
Bitcoin’s share of the overall crypto market capitalization, the so-called Bitcoin dominance, is close to reaching a two-year high amid a regulatory crackdown on altcoins and crypto companies in the US.
As of Friday at press time, the Bitcoin dominance stood at 47.8%, just below a short-lived peak...
BlackRock applies for bitcoin exchange-traded fund
16.6.2023
BlackRock, which is undoubtedly the largest asset manager globally, has gone ahead and applied for a Bitcoin exchange-traded fund (ETF). This will provide investors the opportunity of being able to connect with cryptocurrency. This is with regard to the fact that it is being watched very closely...