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Bitcoin Price Prediction: BTC Soars 3.5%, Fed Cuts Stir USD, Zodia Joins Ripple’s Network
4.12.2023
In a striking display of market dynamics, Bitcoin’s price surged to $40,630, marking a notable 3.50% increase on Monday. This uptrend in Bitcoin’s value coincides with a weakening US Dollar, as market speculation intensifies around potential Federal Reserve rate cuts. Adding to...
Bitcoin Price Nears $41,000 Amid Broader Crypto Rally
4.12.2023
Source: Pixabay Bitcoin price has surged past the $40,000 mark for the first time since early May 2022. Bitcoin’s price had been hovering around the $40,000 level in recent days and finally breached it on late Sunday, trading above $40,750 as of the latest update, reflecting a 24-hour rise...
Bitcoin Price Prediction as $40,000 Resistance Comes into Play – Can BTC Reach $50,000 This Week?
3.12.2023
As Bitcoin soars to a striking $39,390, up by a significant 1.50% in the last day, the crypto community is abuzz with anticipation. This remarkable surge forms a crucial part of the broader escalation in the total cryptocurrency market cap, which has now eclipsed the $1.5 trillion milestone....
Bitcoin Price Prediction as Total Crypto Market Cap Reaches $1.5 Trillion – Is $40,000 the Next Target for BTC?
2.12.2023
In the ever-evolving landscape of digital currencies, Bitcoin showcases a bullish stride, currently trading at $38,765 with a commendable increase of nearly 2% on Saturday. As December unfolds, the cryptocurrency market radiates optimism, with Bitcoin edging towards a 19-month peak, reflecting...
Will Bitcoin Futures ETFs Crumble After Spot ETF Approval? Interview With ProShares
2.12.2023
Source: Adobe Stock As Bitcoin (BTC) surged passed $38,000 in November, the ProShares Bitcoin Strategy ETF (BITO) has tapped a new all-time high for assets under management (AUM). On Tuesday, the fund’s Bitcoin futures contracts reached a record $1.47 billion in value. That’s up from $1.1 billion...
Bitcoin Water Footprint Adds Pressure to Mining Regulations: Report
1.12.2023
Source: Pixabay / Michael Wuensch Popular Bitcoin (BTC) critic Alex De Vries says the asset uses about 16,000 liters of water which can fill a pool for each transaction on the network, a claim that has sparked diverse reactions. In a study released on Nov 29, De Vries opined that Bitcoin has...
Bitcoin Price Prediction as Whales Poised to Push Price Above $40,000 – Will They Succeed?
1.12.2023
As the cryptocurrency world closely watches, Bitcoin stands on the brink of a potential breakthrough, with its current price hovering around $38,150. With a substantial 24-hour trading volume of $19.4 billion, Bitcoin has shown a modest but noteworthy increase of nearly 0.50% in the last day....
Bitcoin Price Pumps to $39,000 As Fed Chair Powell’s Remarks Encourage Rate Cut Bets – Where is BTC Headed Next?
1.12.2023
Source: Pixabay / Michael Wuensch Fed Chair Jerome Powell’s tone on the risks faced by the US economy just shifted in a dovish direction, spurring a pump in the price of Bitcoin (BTC) to new yearly highs at $39,000. Powell noted that risks that the Fed doesn’t raise interest rates enough to combat...
Bitcoin Miners Hut 8 and USBTC Complete Merger, Forming New Hut 8 Corp for Upcoming Halving
1.12.2023
The merger of Hut 8 Mining and USBTC ahead of the 2024 Bitcoin halving event has created the new Hut 8 Corp, the largest publicly traded Bitcoin mining company. Image by 24K-Production, Adobe Stock. On November 30 major players in the Bitcoin mining industry, Hut 8 Mining Corp. and US Bitcoin Corp...
Celsius Network’s Bitcoin Mining Pivot Faces Hurdles, Judge Suggests New Vote
1.12.2023
Source: Adobe Celsius’ Bitcoin (BTC) mining plans face obstacles as a United States judge hints at a possible new vote to clear deviations. According to a Reuters report on Nov 30, Celsius may require another creditor vote to change its business operations from a mining and staking enterprise...
Bitcoin Price Prediction: BTC Hits $38,000 Amid MicroStrategy Buy & SEC ETF Buzz
1.12.2023
Bitcoin, the trailblazing cryptocurrency, has recently witnessed a surge in its value, trading over $38,000 with a over 0.50% increase on Friday. This spike is partially fueled by MicroStrategy’s strategic move to bolster its Bitcoin reserves, involving a substantial $750 million stock...
Analysts Set New Potential Window for Spot Bitcoin ETF Approval
1.12.2023
Source: Adobe Stock Analysts are now eyeing a potential window for the approval of Spot Bitcoin exchange-traded funds (ETFs), setting the time frame between January 5 and 10, 2024. Previous deadline of November 17 by analysts passed without any discernible action from the Securities and Exchange...
Bitcoin Price Prediction as Recent Struggle at $38,000 Continues – Can BTC Overcome the November Ceiling?
1.12.2023
As Bitcoin oscillates around the $37,872 mark, down by a marginal 0.20% on Thursday, investors and traders alike are closely monitoring its performance against a backdrop of evolving market dynamics. The cryptocurrency world is buzzing with the entry of the 13th contender in the Bitcoin ETF race...
Jack Dorsey Leads $6.2 Million Seed Funding for OCEAN Bitcoin Mining Pool
30.11.2023
Mummolin launches decentralized bitcoin mining pool Ocean with backing from Jack Dorsey. Image by yuromanovich, Adobe Stock. Mummolin, a Bitcoin startup, has raised $6.2 million in seed funding to support the launch of Ocean, a new decentralized bitcoin mining pool. The funding round was led...
Pando Asset files a new application for spot Bitcoin ETF
30.11.2023
Pando Asset, a Switzerland-based company involved in asset management, has filed an S-1 form with the Securities Exchange Commission (SEC) regarding consent for a spot bitcoin ETF. While awaiting approval, the Pando Asset Spot Bitcoin (BTC-0.70%) Trust will continue to carry out trading on...
Antpool to Refund 83 BTC Erroneously Paid as Gas Fee to User
30.11.2023
Source: Pixabay / Michael Wuensch Antpool has announced steps to give back 83 Bitcoin (BTC) paid in error as a transaction fee to the user days after the incident. Blockchain security firm, PeckShield posted an update from Antpool on X (formerly Twitter) on the 83 BTC gas fee which sparked diverse...
BlackRock revises its SEC/Nasdaq Bitcoin Spot ETF proposal
30.11.2023
BlackRock has revised its proposal for the Bitcoin Spot ETF. The aim is to attract investors and balance the preferences of the SEC. BlackRock has been trying to enable trading in actual BTC; however, the SEC has sought caution in approving any such requests. The idea is to not link the product...
Billionaire Investor Mike Novogratz Expects Bitcoin, Gold, and Silver to Rally as Fed Pivots
30.11.2023
Source: a video screenshot, Bloomberg Television / YouTube Billionaire investor and CEO of Galaxy Digital Mike Novogratz has expressed an optimistic outlook for assets like Bitcoin (BTC), gold, and silver as the Federal Reserve undergoes a shift in its monetary policy. In an interview with...
Robert Kiyosaki continues cheerleading for Bitcoin: Is it enough to buy BTC?
30.11.2023
Robert Kiyosaki is an investor, educator, entrepreneur, and a popular author of one of the best-selling finance books of all time, Rich Dad, Poor Dad. He is a common guest on many media outlets and hosts the podcast Rich Dad Radio Show, where he and his guests discuss matters related to finance...
Trust Wallet Warns Users May Face Transaction Delays and Missing History Amidst Bitcoin Node Instability
30.11.2023
Image Source: Pixabay Popular cryptocurrency wallet Trust Wallet has alerted users about an ongoing issue with the Bitcoin (BTC) node that may result in transaction delays and missing transaction history. In a Thursday post on X (formerly Twitter), Trust Wallet said they are “experiencing...