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CME’s Bitcoin Futures Open Interest Set New Record at $7.7B as BTC Surges
27.2.2024
Bitcoin futures trading open interest on the Chicago Mercantile Exchange (CME) surged to a record high of $7.7b on Tuesday, reflecting a 15.6% rise within the last 24 hours, CoinGlass data showed.
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JPMorgan Says Bitcoin Halving and Ethereum Upgrade ‘Are Largely Priced In’
27.2.2024
JPMorgan Chase has discussed three main catalysts driving crypto prices over the coming months. The global investment bank’s analysts believe that the Bitcoin halving event and the next major upgrade of the Ethereum network are largely priced in. JPMorgan on Catalysts Affecting Crypto Prices...
Bitcoin Breaks $54,000 Barrier for First Time Since 2021, Eyes Historic Highs Ahead of Halving Event
26.2.2024
The price of bitcoin has risen past the $54,000 threshold, now hovering at $54,446 per unit as of Monday, Feb. 26, 2024, at 2:37 p.m. Eastern Time (ET). This leading crypto asset has witnessed a growth of 4.5% in the last six hours, and over the previous month, bitcoin’s value has soared...
Riot Platforms Highlights Risks Associated With Upcoming Bitcoin Halving Event in Annual Report
26.2.2024
In its latest annual report, Riot Platforms, the publicly-listed bitcoin mining firm, outlines several significant risks that could impact its operations, including troubles in the broader crypto economy, potential decreases in onchain transaction fees, and the anticipated bitcoin halving event...
Blackrock Holds 110K BTC, Kiyosaki Expects $100K BTC Soon, AI Crypto Assets Skyrocket, and More — Week in Review
25.2.2024
Blackrock has significantly expanded its presence in the digital currency space, accumulating nearly 110,000 bitcoins for its Ishares Bitcoin Trust (IBIT) ETF. Robert Kiyosaki predicts bitcoin will reach $100,000 by June this year. The AI cryptocurrency sector has seen a remarkable surge, with over...
Bitcoin Miners Face Adapt or Perish Scenario as Halving Approaches in Under 60 Days
23.2.2024
Data indicates that we’re 96% through the journey to the next Bitcoin halving event, with under two months remaining until the reward for mining a block is reduced from 6.25 to 3.125 bitcoins. Although it’s still premature to pinpoint the precise date—given the average...
Matrixport Report: Bitcoin’s Target of $63,000 by March 2024 is Achievable
23.2.2024
Matrixport identified four key catalysts that could propel Bitcoin's Price to $63,000 in March, including the recent approval of spot Bitcoin ETFs, the upcoming halving event, and interest rate cuts.
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Crypto for Advisors: Bitcoin’s 4th Halving Is Approaching
22.2.2024
The upcoming Bitcoin halving is going to have a significant impact on the number of bitcoin entering circulation
Data Signals Imminent Altcoin Season Amid Steady Bitcoin Dominance
21.2.2024
Several analysts on microblogging platform X have recently highlighted different data points indicating that altcoin season (altseason) could soon be upon us. On February 15, trader/analyst Rekt Capital (@RektCapital) shared a projections chart to suggest that Bitcoin’s current dip could...
ChatGPT’s Artificial Intelligence Predicted Bitcoin’s Price After Halving – Here’s the Latest
20.2.2024
ChatGPT’s Artificial Intelligence (AI) just predicted Bitcoin’s price after the halving, and the chatbot’s latest prediction will come as music to the ears of the Bitcoin bulls.
The post ChatGPT’s Artificial Intelligence Predicted Bitcoin’s Price After Halving – Here’s the Latest...
Is It Too Late to Buy AI Coins? The Graph, Fetch.ai and Injective Blast Up and This Other Coin Could be Next
19.2.2024
Anticipation in the crypto markets is escalating, especially as we approach the next Bitcoin halving in April and the rising popularity of AI coins. The AI narrative is not a new phenomenon in the crypto market; Spring 2023 saw a breakout for Artificial Intelligence cryptocurrencies amidst...
Is Bitcoin SV About to Crash? BSV Price Tumbles as New Bitcoin Project Secures $11 Million
19.2.2024
In the latest pre-halving development, leading hard-fork project Bitcoin SV has taken a minor localized tumble. This article will provide an analysis of BSV’s current price trends and look to see whether a newer meme coin, Meme Kombat, represents a more promising investment opportunity at this...
2 Reasons Bitcoin Could Challenge Record High of $69K Before Halving
19.2.2024
Data from past cycles entered around halvings, and a key technical analysis tool suggested that the path of least resistance is higher
Bitcoin Network Faces Downturn in Transactions and Fees as Halving Approaches
19.2.2024
The volume of daily transactions on the Bitcoin network has seen a significant decline since Jan. 28, 2024, with numbers falling from peaks above 600,000 to below 300,000 transactions per day. This downturn is in sync with a decrease in the daily creation of Ordinal inscriptions, overall easing...
Bitcoin’s Pre-Halving Jitters — Historical Trends Spotlight Potential Price Dip Ahead of 2024 Event
18.2.2024
As the Bitcoin network nears its fourth halving event, numerous market watchers and cryptocurrency enthusiasts are curious about whether the price will experience a temporary decline before the halving occurs. Historically, bitcoin’s value has surged six to seven months ahead of halvings...
Robert Kiyosaki Predicts US Collapse, Peter Schiff Warns of BTC Massacre, Grayscale Study on BTC Halving, and More — Week in Review
18.2.2024
Robert Kiyosaki predicted the downfall of the American empire, likening its fate to that of the Roman Empire, and advised investing in bitcoin, gold, and silver as a safeguard. Conversely, economist Peter Schiff described the recent bitcoin price surge as a “pump-and-dump” scheme....
Bitwise Chief Investment Officer Foresees Bitcoin Price Surpassing $80,000 Amid ETF Boom
18.2.2024
The price of Bitcoin (BTC) is expected to soar beyond $80,000 this year thanks to the recent success of exchange-traded funds (ETFs), according to Bitwise Chief Investment Officer Matt Hougan. The approval of Bitcoin ETFs has shattered records and triggered an influx of funds into...
April 2024 Bitcoin Halving Sparks Worldwide Curiosity, Data Reveals
17.2.2024
A recent study focusing on the search term “bitcoin” through Google Trends data revealed that curiosity remained subdued even as the price soared above the $50K mark. Yet, anticipation for the forthcoming reward halving has hit a 90-day peak. Slated for April 2024, this significant...
Bitcoin Price Below $80,000 At Halving Could Trigger Miner Losses – Fidelity
16.2.2024
Fidelity Digital Assets speculates losses for some miners if the Bitcoin price remains under $80,000 after the upcoming halving in April. The company released its 2024 market outlook, highlighting the growth recorded so far in Bitcoin, the state of miners, and possible perspectives for the near...
Bitcoin Price Holds Above $52,000 As Pre-Halving Rally Intensifies
16.2.2024
Bitcoin’s recent price surge past $52,000 has sparked speculation about a pre-halving rally, a historical trend associated with the upcoming reduction in mining rewards. Analyst Jag Kooner, Head of Derivatives at Bitfinex, believes the current market movement aligns with such a rally...