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Bitcoin Price Prediction as Billionaire Michael Saylor’s BTC Holdings Surpass $2 Billion in Profit – Time to Buy?
7.12.2023
In the constantly evolving landscape of cryptocurrencies, Bitcoin has recently hit a notable milestone, surging past $44,000 and marking a staggering 160% increase this year. This surge is primarily fueled by two pivotal factors: the growing optimism over the anticipated US approval of a Bitcoin...
Lugano Switzerland Now Accepts Bitcoin, USDT for Tax Payments
7.12.2023
Source: Pixabay / Michael Wuensch The city of Lugano, Switzerland announced on Wednesday that it is ready to start accepting tax payments in cryptocurrency – including Tether (USDT) and Bitcoin (BTC). That includes payments for any invoice issued by Lugano, such as municipal services and all other...
Bitcoin Miner DMG Acquires 4,550 T21 Antminers for $12.1 Million
6.12.2023
DMG Blockchain Solutions, a bitcoin miner and cryptocurrency technology company, announced that the firm has purchased 4,550 T21 Antminer bitcoin miners from Bitmain Technologies. DMG detailed that it paid $12.1 million for the next-generation application-specific integrated circuit (ASIC) miners...
BlackRock Spot BTC ETF Seed Funding is a Step Forward, but Just a Step
6.12.2023
Asset manager BlackRock (BLK) turned some heads earlier this week when an updated prospectus for its spot bitcoin ETF application included a disclosure that it had collected $100,000 in seed capital for the fund
Comparing Peaks: Bitcoin Hits 20-Month High, Other Cryptos Still Strive for Past Glories
6.12.2023
As bitcoin’s value soared to heights last witnessed on April 6, 2022, a multitude of crypto assets have also reaped benefits from the surge of the premier cryptocurrency. Yet, despite a significant number of these digital currencies experiencing substantial increases, surpassing even bitcoin...
Trading Volumes of Crypto Assets Under Management Averaged $481 Million Daily in November: Report
6.12.2023
Source: Pixabay / Michael Wuensch The digital asset market has recorded massive bullish activity in recent weeks with the prices of most cryptocurrencies soaring to positions not seen in over 18 months. Aside from asset prices, decentralized finance (DeFi) activities are also high in terms...
Bitcoin Technical Analysis: BTC Retraces at Formidable $44,500 Resistance Barrier
6.12.2023
As bitcoin’s price hovers between $43,950 and $44,150, a nuanced examination of its oscillators and moving averages reveals a complex picture of its market movements. Despite a bullish run in its 24-hour trading range, oscillators signal caution. Bitcoin Bitcoin’s (BTC) market...
Bitcoin’s Recent Rally Underscores the “Low Correlation” of Crypto with Traditional Assets: Expert
6.12.2023
Source: Adobe Bitcoin (BTC) has displayed resilience by surging to a more than 19-month high, even as global markets experienced a downturn. The cryptocurrency climbed 5.8% to reach $42,000 on Monday and maintained its position just below that level in morning Asian trading on Tuesday. ...
Super-Majority of Bitcoin Holders Are Now Back in Profit + More News
6.12.2023
Source: AdobeStock / Who is Danny Get your daily, bite-sized digest of crypto and blockchain-related news – investigating the stories flying under the radar of today’s news. In this edition: Super-Majority of Bitcoin Holders are Now Back in Profit – Glassnode ‘There is Room for BTC to Rally...
Crypto Markets Surge Wednesday, ADA, DOGE Up Over 10%; Bitcoin Talk Forum to Censor Mixer Discussions — Daily Price Update
6.12.2023
#Crypto Markets Surge Wednesday, #ADA, #DOGE Up Over 10%, #BTC at $44K; Bitcoin Talk Forum to Censor #Mixer Discussions — Daily #Price Update pic.twitter.com/X9gvCvmO67 — Bitcoin.com News (@BTCTN) December 6, 2023 ADA and DOGE are top gainers on Wednesday, Dec. 6, surging over 10%...
Gold Bug Peter Schiff Predicts Bitcoin’s Swan Song, Heralds ‘Spectacular Collapse’
6.12.2023
Europac’s chief economist and known gold proponent Peter Schiff compared the gold and bitcoin rallies, explaining that the latest gold price pullback allowed bitcoin prices to pump. Nonetheless, Schiff believes that bitcoin will collapse spectacularly while gold prices will continue to rally....
Bitcoin Ordinals Token Tap $1 Billion Market Cap as BTC Moves Past $43,500
6.12.2023
Source: Pixabay / Michael Wuensch Bitcoin (BTC) has recorded a massive uptick in the past week surging above 14% as the wider market rebounds igniting bullish sentiments hinged on several factors. The refueled rally of the market leader comes on the heels of increased network activity pushed by...
Bitcoin Surge Blasts $170M in Bearish Shorts as BTC Price Targets $48K
6.12.2023
Short traders betting against higher bitcoin (BTC) prices lost some $90 million on Tuesday alone, adding on to the $70 million in short liquidations on Monday
Coinbase CEO Brian Armstrong: ‘Bitcoin May Be the Key to Extending Western Civilization’
6.12.2023
Brian Armstrong, CEO of U.S.-based crypto exchange Coinbase, stated that Bitcoin could play a role in extending Western civilization. For Armstrong, Bitcoin represents an alternative to fiat currencies like the U.S. dollar, which people can use as an alternative to inflation. Coinbase CEO Brian...
Bitcoin Price Prediction: Surges Past $44K, El Salvador Sees Soaring Returns on BTC Investment
6.12.2023
In an electrifying leap forward, Bitcoin‘s valuation surged past the $44,000 mark, trading at $43,858 with an impressive nearly 6% increase on Wednesday. This ascent comes after a “jet-fueled” 16% climb over six days, underscoring the cryptocurrency’s robust performance....
Bitcoin Inscriptions Divide BTC Community Amid Network Congestion, But Are 'Unstoppable'
6.12.2023
As unconfirmed transactions on the Bitcoin blockchain rise, Luke Dashjr, a prominent developer pledges that Ordinal Inscriptions are a 'bug' that will be fixed
Large Asset Managers Getting Ready to Buy BTC Ahead of Spot Bitcoin ETF Launches, Says Moody’s Director
6.12.2023
A senior director with Moody’s Analytics has highlighted the biggest driver behind the recent bitcoin price surge. “The race is heating up” to launch spot bitcoin exchange-traded funds (ETFs), he explained, emphasizing that large asset managers are “getting ready...
This Bitcoin Rally Feels Different. FOMO and YOLO Seem to Be Back
6.12.2023
BTC just hit $45,000 days after topping $40,000 for the first time since early last year – and crypto-skeptics are buying
Lead Glassnode Analyst Expects Bitcoin Pump to “Correct” After Rally to $44k
6.12.2023
Source: prokop.photo/Adobe Can Bitcoin (BTC) sustain its bullish price momentum this week? Not for long according to James Check – lead on-chain analyst at Glassnode. The leading cryptocurrency exploded to $44,400 on Tuesday, marking a new yearly high up 16.5% from 7 days prior. Yet despite...
Biggest Crypto Gainers Today on Uniswap – ODOGE, ORD, MATTER
5.12.2023
Uniswap logo The Bitcoin (BTC) melt-up has continued on Tuesday, with the BTC price briefly hitting $44,000 before pulling back to the upper $43,000s, taking its run of gains since last Friday to around 15%. Investors continue to panic buy amid bets that 1) spot Bitcoin ETFs will soon gain approval...