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Bitcoin Technical Analysis: BTC Bulls Retreat From Near $49K Peak
12.2.2024
As of Feb. 12, 2024, bitcoin displays a robust upward momentum across several charts, underscored by its sharp ascent from $47,593 to $48,814 on Sunday. On the subsequent Monday, bitcoin’s market value reached $939 billion, with a trading volume of $21.57 billion for the day. Currently,...
Andrew Kang estimates a high $BTC demand flow this year
12.2.2024
Andrew Kang has put forward an estimate for $BTC demand flow. It comes out to be in the range of $40 billion and $130 billion. The basic foundation of the estimate is that many people continue to underestimate the wealth available for investments in the crypto market or the BTC market. Per their...
Grayscale: Bitcoin Miners to Lean on Ordinals for Revenue Boost as Halving Cuts Rewards
12.2.2024
In the coming months, Bitcoin is set to undergo a significant event known as “halving,” which will reduce the reward for Bitcoin miners who successfully complete a block. This event, scheduled for mid-April 2024, has historically been viewed as a bullish signal for Bitcoin (BTC),...
Bitcoin Represents 53% of Clients’ Portfolio Holdings in LatAm: Bitso
12.2.2024
Bitcoin (BTC) makes up 53% of user portfolios in Latin America, reveals crypto exchange platform Bitso’s latest Crypto Landscape report. “By the end of 2023, Bitcoin represented 53% of clients’ portfolios in Latin America,” the platform noted. Source: Bitso In the face of economic turbulence...
Bitcoin Price Prediction: BTC Stays Bullish Near $48,500; More Buying Ahead?
12.2.2024
Bitcoin maintains a bullish trajectory, trading near $48,500 on Monday, underscoring a positive outlook for Bitcoin price predictions. Amidst evolving market strategies, Kraken’s executive decision to bypass Super Bowl LVIII advertising highlights a shift from broad, hype-driven exposure to...
Bitcoin ETFs Flows Could Propel BTC Prices to $112K This Year: CryptoQuant
12.2.2024
Spot bitcoin ETFs have amassed more than 192,000 bitcoin in holdings, as of Friday, since their launch nearly a month ago
9 Bitcoin ETFs Accumulate 208,878 BTC Worth $10 Billion, Overshadowing Grayscale’s Sell-Off
12.2.2024
Since the conclusion of the spot bitcoin exchange-traded fund (ETF) trading sessions on Feb. 9, 2024, the nine freshly launched ETFs have amassed 6,009.49 bitcoin, valued at approximately $288 million. Concurrently, Grayscale’s Bitcoin Trust (GBTC), which evolved into a publicly-traded...
FA Hayek’s Foresight: Imagining Bitcoin’s Unstoppable Rise Through a ‘Sly, Roundabout Way’
11.2.2024
In recent years, discussions have flourished around the visionary predictions of famed architect and systems theorist Buckminster Fuller, who is said to have anticipated a concept akin to Bitcoin. Similarly, industrial magnate Henry Ford is credited with imagining a novel energy currency with...
Bitcoin’s Price Soars Past $48K, Nears $1 Trillion Market Cap Amidst Bullish Momentum
11.2.2024
On Saturday, Feb. 10, 2024, bitcoin’s price soared beyond the $48K mark, reaching heights unseen since prior to Dec. 28, 2021. On Sunday, the leading digital currency maintained its robust momentum, consistently staying above the newly established price level. Over the last 24 hours,...
Bitcoin Price Prediction as BTC ETFs Hit $10 Billion Milestone – Can BTC Reach $100,000 in 2 Months?
11.2.2024
Bitcoin Price Prediction On Sunday, Bitcoin price prediction remains bullish with exchange-traded funds (ETFs) recently reaching an impressive $10 billion in assets under management after just 20 sessions. This significant achievement is bolstered by data from BitMEX Research, which highlights...
Glassnode Study Signals High-Risk Bitcoin Regime, Hints at Early Bull Market Stage
10.2.2024
In the wake of the market’s recovery from the FTX collapse, a notable shift has occurred, pushing bitcoin into a high-risk regime, as indicated by the onchain analysis firm, Glassnode. The firm’s latest report notes that this regime typically signals a pivotal phase often preceding...
Rebel Satoshi Gains Momentum: Attracting Attention from Ethereum Classic and TRON Investors
10.2.2024
TLDR Ethereum Classic (ETC) has added new trading pairs and is on course to soar higher. TRON (TRX) remains one of the top DeFi projects, surpassing both Ethereum (ETH) and Bitcoin (BTC) in daily active addresses. Rebel Satoshi ($RBLZ) is the top ICO so far in 2024, currently in the penultimate...
Bitcoin Price Prediction as BTC Reaches ETF Highs of January – $50,000 Possible This Week?
10.2.2024
Bitcoin Price Prediction On Saturday, Bitcoin‘s price ascends, nudging the $47,450 mark with an impressive 3.25% uptick. This momentum heralds the most significant weekly surge Bitcoin has experienced in a quartet of months, aligning with a substantial climb past the $46,000 milestone....
3 Reasons Mollars (MOLLARS) Is Better Than Bitcoin (BTC) for Crypto
10.2.2024
  The Mollars (MOLLARS) initial coin offering has just reached an impressive milestone, surpassing 1.3-Million tokens sold. Cryptocurrency investors are excited about the new store-of-value token’s potential for up to +4,400% ROI yields. However, even those gains are only a pence of...
Citrea Proposes First ZK Rollup to Make Bitcoin the All-Chain
10.2.2024
Citrea, a project that aims to scale Bitcoin through ZK rollups, came out of stealth on Tuesday. The project aims to become a pathway for several initiatives to take advantage of the decentralization and security of Bitcoin while at the same time contributing to scaling and giving developers...
Bitcoin Price Prediction as Bitcoin ETFs Record Third Largest Daily Inflows – $100,000 BTC Possible?
9.2.2024
  Bitcoin Price Prediction In the dynamic world of cryptocurrency, Bitcoin continues to capture headlines with its recent surge to $46,000, propelled by significant developments in exchange-traded funds (ETFs) and economic warnings that have caught the attention of investors worldwide. Amidst...
Ethereum’s Growth Could Spike With Increased Institutional Investments In First Half of 2024: Coinbase
9.2.2024
With a fresh analysis released on February 8, Coinbase’s research division shed light on the anticipated growth in Ethereum’s trading dynamics during the initial six months of 2024. Coinbase analysts highlighted growth points after the approval of spot Bitcoin (BTC) ETFs...
Bitcoin Price Punches Above $48,000 Amid Strong ETF Inflows, Bullish Seasonality, Fading Miner Sell Pressure, US Equity Upside
9.2.2024
Bitcoin Price Punches Above $48,000 / Source: Dalle-3 The Bitcoin price topped $48,000 briefly on Friday for the first time since the first day following spot Bitcoin ETF launches on the 11th of January, and was last up close to 5.0% on the day. Bitcoin (BTC) bulls have taken decisive control...
Dragon Year Awakening — Bitcoin Proponents Eye Bull Market Surge Amidst Zodiac Predictions
9.2.2024
As we usher in the Year of the Dragon this coming weekend on Feb. 10, 2024, per the Chinese zodiac, a significant swath of cryptocurrency enthusiasts are optimistic that bitcoin is on the cusp of a substantial bull market. This optimism is rooted in the Dragon year’s traditional association...
Best Crypto to Buy Today February 9 – BONK, BEAM, SUI
9.2.2024
As Bitcoin (BTC) cruises towards $48,000 and leads a broad crypto market rally, higher risk-tolerant crypto investors are scouring the smaller cap altcoins markets on the hunt for the best crypto to buy now. Bitcoin is up 6% in 24 hours after strong inflows into newly launched spot Bitcoin ETFs...