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Bitcoin and Ethereum Price Prediction as BTC Spikes Up and ETH Hits $2,500 – Time to Buy
20.1.2024
As the weekend unfolds, Bitcoin (BTC) has seen a notable uptick, trading at $41,700 with nearly 1.40% increase on Saturday. Despite this positive momentum, skepticism remains as The New York Times maintains a cautious stance on Bitcoin’s prospects. Adding to the wary outlook, the RBI Governor...
Shiba Inu (SHIB), Bonk Inu (BONK), Mollars, or Bitcoin (BTC) Could Return Traders $22,000 Profit From $100 Invested Today
20.1.2024
Bitcoin ($BTC) Alternative, Mollars ($MOLLARS), is in its 3rd round of the token presale stage today. Investors are buying into the crypto at a record pace, closing in on 100,000 tokens being sold daily. A store-of-value token that will help traders across the world save money against...
$SEI Top Monthly Asset with 204% Increase, Does Galaxy Fox Offer a Better ROI?
20.1.2024
While Bitcoin ($BTC) takes a breather, altcoins are using this opportunity to run. The strongest performers have made themselves visible, and the best gainers among the top 50 projects are already well-known. Sei ($SEI) was the top monthly asset, with a 204% increase, but the reality of this bull...
Cryptocurrency Rights Bill Introduced in Virginia
20.1.2024
A bill that seeks to safeguard the cryptocurrency rights of the citizens has been introduced to the Senate of Virginia. The bill, sponsored by State Sen. Saddam Azlan Salim, would guarantee that citizens can self-custody, transact, mine, and pay with cryptocurrency, also exempting cryptocurrency...
Grayscale Selling Bitcoin But This Meme Crypto Explodes 20%
19.1.2024
Bitcoin (BTC) hit fresh lows for the year on Friday in the $40,200s, as concerns mount about Grayscale’s ongoing Bitcoin selling, but a meme crypto called Sponge ($SPONGE) has exploded another 20% higher. Grayscale is selling Bitcoin as traders dump is Grayscale Bitcoin Trust (GBTC), which just...
Bitcoin and Ethereum Price Prediction as BTC Bounces From $40,500 Support and ETH Recovers – Sell-Off Over?
19.1.2024
Bitcoin (BTC), the foremost cryptocurrency, witnessed a notable downturn, dipping below the $42,000 threshold on Friday. This marked its steepest fall since December 2023. The current price of Bitcoin stands at $41,332.95, with a 24-hour trading volume of approximately $26.61 billion. Ethereum...
Bitcoin ETFs Still Hungry on Day 5, 10.6K More BTC Added Despite Grayscale Outflows
19.1.2024
Bitcoin ETFs bought over 10,000 additional BTC on their fifth trading day, even as Grayscale saw continued outflows. Image by Thanasak Wongsuk, Vecteezy. The fervor around the newly launched spot Bitcoin exchange-traded funds (ETFs) continued unabated on their fifth day of trading, with the funds...
Bitcoin Bears Eye Break Below $40K – Here’s How Low the BTC Price Could Go
19.1.2024
Image Source: Adobe Bitcoin bears are eyeing a potential break below the psychologically important $40,000 level as post-spot Bitcoin ETF approval sell pressure ramps up and macro headwinds rise. The Bitcoin (BTC) price dipped as low as the $40,200s on Friday, though has since rebounded towards...
Bitcoin Could See a “Nice Slug” of Gold’s Trillion-Dollar Asset Value, Cathie Wood Says
19.1.2024
ARK Investment Management CEO Cathie Wood believes Bitcoin (BTC) could soon be nearly as valuable as gold, according to a recent interview she conducted with Brazilian financial markets information firm, InfoMoney. As good as gold? “Gold is a trillion-dollar asset out there, and we do believe...
Franklin Templeton Eyes Broad Crypto Expansion Beyond Bitcoin, Foresees More ETP Filings
19.1.2024
Franklin Templeton’s Head of Digital Assets, Sandy Kaul, foresees an increase in filings following the recent approval of 11 new spot bitcoin exchange-traded funds. Kaul highlighted that the firm, managing $1.5 trillion in assets, recognizes the “potential of this whole crypto...
Bitcoin Already Tops Silver In U.S. ETF Market After SEC Approvals
19.1.2024
The moment U.S. Bitcoin (BTC) spot ETFs went live last Thursday, they quietly achieved a major feat. The digital asset has now become the second-largest ETF commodity in the country, boasting $26 billion managed behind the securities wrapper. That’s more than silver ETFs, which hold slightly over...
Bitcoin and Altcoins Swing In Relation to Phases in the Bull Cycle: Pantera Capital
19.1.2024
The volatility of digital assets particularly Bitcoin (BTC) can be examined in various stages of a bull market in relation to other tokens, Pantera Capital suggests. A new market report by Pantera Capital shows the relationship between multiple assets in crypto bull cycles, the state of the market...
Grayscale Bitcoin Trust Stash Dips by 10,800 BTC in One Day Amid High GBTC Trading Activity
19.1.2024
The Grayscale Bitcoin Trust, commonly referred to as GBTC, has recently divested a considerable quantity of bitcoin. Records indicate that a total of 10,823.86 bitcoin, valued at approximately $447.40 million, was withdrawn from the holdings of GBTC in the span from Thursday to Friday morning....
Bitcoin Technical Analysis: Navigating BTC’s Ups and Downs as Price Teeters Above $41K
19.1.2024
On Thursday, bitcoin experienced a decline, reaching a low of $40,600, and has since been hovering slightly above the $41,000 mark. The cryptocurrency world is abuzz with speculation about the duration of this downturn, especially as the excitement surrounding the spot bitcoin exchange-traded fund...
Bitcoin Miner Hut 8 Accused of a Pump and Dump Scheme, HUT Shares Plummet
19.1.2024
Bitcoin miner Hut 8 has been accused of hiding stock ownership in a perceived pump-and-dump scheme. The accusation comes from an unconfirmed report by JCapital Research. In a Jan 18 release, the firm leveled accusations against the Bitcoin miner stemming from its recent partnership with US Bitcoin...
Donald Trump’s Bitcoin Oridnals NFT Collection Sparks Controversy
19.1.2024
Former U.S. President Donald Trump has launched yet another series of digital collectibles, sparking controversy in the cryptocurrency community. Trump’s latest creation is hosted on the Bitcoin (BTC) blockchain but has a unique twist. Trump Digital Trading Cards on Bitcoin Ordinals Come with...
Bitcoin Price Prediction: BTC Plunges to $41,000; Fidelity ETF Delays Amid CBDC Threat
19.1.2024
In a dynamic turn of events, Bitcoin’s price plummeted to $40,930, marking a significant nearly 4% decrease as of Friday. This downturn comes amid a broader context of financial uncertainty, where the US Dollar is poised for a consecutive weekly rise due to subdued expectations for interest...
Spot Bitcoin ETFs Would Reduce Power of Whales and Increase Stability: Nansen Analyst
19.1.2024
The cryptocurrency landscape is poised for a major change with the recent approval of spot Bitcoin (BTC) exchange-traded funds (ETFs). Aurelie Barthere, Principal Research Analyst at Nansen, believes the approval will specifically impact crypto whales, who control a large share of the current token...
Grayscale’s GBTC Sheds Over 13,700 BTC in 24 Hours Amid Rising Bitcoin ETF Competition
18.1.2024
Prior to Wednesday’s market opening, Grayscale’s exchange-traded fund, GBTC, reported holding 605,890.87 bitcoin in reserves. However, according to the company’s most recent update, there has been a significant decrease in GBTC’s holdings, with a reduction of 13,793.09...
Bitcoin Plunges Below $41K as 'Sell the Bitcoin ETF News' Wins the Day
18.1.2024
Despite sizable net inflows into the new spot ETFs, bitcoin is lower by more than 12% since the products began trading one week ago