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Bitwise Analyst Predicts Bitcoin Price to Trade Above $80K Amid Halvening and ETF Launch in 2024
14.12.2023
Source: Pexels Bitwise’s senior research analyst, Ryan Rasmussen, predicted a new all-time high for Bitcoin price next year, surpassing $80,000. The prediction aligns with the anticipated launch of the first spot Bitcoin ETF and the scheduled halving event in April 2024, identified as pivotal...
Vaneck Expects Bitcoin Price to Reach All-Time High After Donald Trump Wins US Presidency
14.12.2023
Asset management firm Vaneck has predicted that bitcoin’s price will reach an all-time high on Nov. 9, following a “combative election that saw Donald Trump win 290 electoral votes and regain the presidency, raising optimism that the SEC’s hostile regulatory approach will...
Bitcoin Price Prediction as BTC Falls 7% in 7 Days – Time to Buy the Dip?
13.12.2023
Bitcoin, the pioneering and most prominent cryptocurrency, has recently faced a downward trend, slipping below $42,000 earlier this week. This decline, accentuated by the release of the latest US Consumer Price Index (CPI) numbers, raises questions about the asset’s short-term trajectory....
Bitcoin Price Pumps As Dovish Fed Signals Three Rate Cuts in 2024 – Where Next for BTC?
13.12.2023
Source: Adobe The Bitcoin (BTC) price is pumping on Wednesday amid a dovish reaction across traditional asset markets to the US Federal Reserve’s latest policy announcement. BTC was last up 3.2% on the day and trading in the upper $42,000s, with bulls eyeing a near-term retest of yearly highs...
Why 2023 Is Like 2020 and Bitcoin Is Set to Head Towards $50k
13.12.2023
Crypto derivatives show bullish positioning but are not over-extended by historical norms. That’s good news for the whole crypto market
Bitcoin Has Gifts This Holiday Season
13.12.2023
Historical data helps us understand what to expect as crypto markets once again head upwards, says Todd Groth, head of research at CoinDesk Indices
Bitcoin ETF Token Last Chance to Buy at Lowest Price Before Crypto Bull Run Explodes As $3.7m Pours Into $BTCETF From Traders
13.12.2023
Friday, December 8, 2023 – Today is the last chance to buy the Bitcoin ETF Token ($BTCETF) at its lowest price before the crypto bull run explodes after a spot Bitcoin ETF is approved by the US Securities and Exchange Commission (SEC). The Bitcoin price has consolidated above $40,000 after briefly...
Bitcoin Technical Analysis: Key Indicators Point to a Consolidation Phase
13.12.2023
As of December 13, 2023, bitcoin’s price stands at $41,197, showcasing a dynamic interplay between various technical indicators. The cryptocurrency’s trading journey over the past 24 hours, oscillating between $40,712 and $41,957, highlights a state of cautious optimism among traders....
Bitcoin Price Prediction: Volatility Ahead of FOMC, Skybridge’s Bold Claim, BlackRock’s ETF Update
13.12.2023
In the ever-evolving realm of cryptocurrency, Bitcoin’s price dynamics remain a focal point for investors and market analysts. Currently trading at $41,001, Bitcoin has seen a decrease of over 2% as of Wednesday, reflecting a phase of volatility, particularly as the market anticipates...
Bitcoin Price Prediction as US Core Inflation Rate Data is Announced – Time to Buy?
12.12.2023
As the US announces its latest core inflation rate data, investors and traders alike are keenly focused on its implications for the cryptocurrency market, particularly Bitcoin (BTC). The world’s largest cryptocurrency, BTC, extended its upward trend and briefly surged to $42,069 in response...
Bitcoin Price Prediction: Market Reacts to FOMC Meeting, El Salvador Bond & Google’s New Ad Policy
12.12.2023
In the dynamic world of cryptocurrency, Bitcoin (BTC) is experiencing subtle yet noticeable fluctuations, trading at $41,457 with over 0.50% rise as of Tuesday. Market sentiments are heavily influenced by key economic events and policy changes. As the Federal Open Market Committee (FOMC) meeting...
Crypto Exchange Bitget Records 20% Surge in New Users with 89% Buying Bitcoin in December
12.12.2023
Source: Pexels In the opening week of December, crypto exchange Bitget witnessed a significant surge in new user registrations, surpassing the entire count for December of the previous year by 20%. In a press release shared with CryptoNews, the crypto exchange revealed that 89% of these new users...
Explaining Bitcoin’s ‘Flash Crash’
11.12.2023
The cryptocurrency's volatility cuts both ways
Bitcoin Price Prediction as Crypto Market Pulls Back in a Big Flush Out Move – Time for Consolidation?
11.12.2023
Bitcoin (BTC), the world’s leading cryptocurrency, faces a challenging week as it opens with a downward trend, yet manages to hover above the crucial $42,000 threshold. The overall cryptocurrency market reflects this bearish sentiment, with the global market capitalization dropping by 3.40%...
Bitcoin Technical Analysis: Bears Take the Reins Clawing BTC’s Price Back
11.12.2023
On Monday, the valuation of bitcoin experienced a 3.3% decline within the past day, falling beneath the $42K threshold. Currently positioned at $42,224, bitcoin’s valuation is undergoing a marked shift in the cryptocurrency landscape on Dec. 11, 2023, just two days prior to the forthcoming...
Bitcoin Price Prediction: BTC Dips to $42,000, Ocean Pool Blacklist Stirs Debate, Snowden Critiques Warren
11.12.2023
Bitcoin is currently experiencing a noticeable downturn, trading at $41,875 with a significant decline of approximately 4.50% as of Monday. This market shift coincides with a contentious development in the crypto sphere: the Transaction Blacklist of Ocean Pool, which has sparked widespread debate...
Bitcoin Price Briefly Drops Below $41,000 Amid Broader Market Correction
11.12.2023
Source: DALL·E Bitcoin price has just dropped below $41,000 briefly, undoing almost a week’s gains before a bounce back. Other major cryptocurrencies including Ethereum, Ripple (XRP), Solana (SOL), and Cardano (ADA) were also down over 5%. According to TradingView, the price of Bitcoin made a sharp...
BTC Dev Wants to ‘Fix’ Ordinal Inscription ‘Exploit,’ Blackrock Updates ETF Filing, and More — Week in Review
10.12.2023
BTC developer Luke Dashjr wants to “fix” Bitcoin Ordinal inscriptions, as he views them as exploitative, dividing the crypto community. In other news, in a spot bitcoin exchange-traded fund (ETF) filing update, monolithic asset manager Blackrock has noted the possibility of BTC being...
Bitcoin Price Prediction: BTC Surges, Outshining Gold in 2023 Rally
10.12.2023
Bitcoin (BTC), the flagship cryptocurrency, is currently trading at $43,850, marking a slight decrease of nearly 0.50% on Sunday. Despite this minor dip, Bitcoin’s performance this year has been nothing short of stellar, outshining traditional safe-haven assets like gold. In 2023, Bitcoin...
Bitcoin Price Prediction as Option Traders Bet on $50,000 BTC by January – Are They onto Something?
9.12.2023
As Bitcoin (BTC) hovers around significant price points, option traders are betting on the cryptocurrency reaching $50,000 by January. This optimism coincides with heightened anticipation for the approval of a spot Bitcoin Exchange-Traded Fund (ETF), a development that’s expected to further...