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Bitcoin Price Prediction as New Rally Leads to $200 Million in Short Liquidations – Will BTC Keep Rising?
26.10.2023
Bitcoin , often dubbed the ‘digital gold,’ is currently on a rollercoaster ride. Having recently climbed beyond the $34,000 threshold, BTC’s ascendancy led to the liquidation of over $220 million in short positions in a mere 24-hour span, a testament to its volatile nature. This...
How Bitcoin ETF approval anticipations could boost Bitcoin forks?
25.10.2023
In the world of cryptocurrency, Bitcoin exchange-traded funds (ETFs) may offer institutional investors a key to the crypto kingdom. Bitcoin enthusiasts are waiting for a “spot” ETF, which would open the door for big financial players to invest in Bitcoin, marking mainstream acceptance...
BlackRock’s iShares Bitcoin Trust ETF now listed on the DTCC
25.10.2023
BlackRock’s iShares Bitcoin Trust ETF is now added to the DTCC’s eligibility file. A DTCC spokesperson recently confirmed the news with an official statement. The statement read that it is routine practice for the DTCC to add securities to its NSCC security eligibility file. This is done before...
Galaxy Digital Projects Bitcoin Price to Reach Near $60,000 Year After Spot ETF Approval
25.10.2023
Cryptocurrency firm, Galaxy Digital views the approval of a spot Bitcoin (BTC) ETF as “the most impactful catalysts” towards the growth and adoption of the top digital asset.
In an Oct 24 market analysis, Galaxy’s research associate Charles Yu explained the possible effects of a spot BTC ETF...
Decrypting Bitcoin’s trajectory: A comprehensive price analysis
25.10.2023
Bitcoin’s current standing in the cryptocurrency world is undeniably noteworthy. Having surged past the challenging $32K resistance, it is on a trajectory towards its all-time high. Bitcoin serves as the flagship digital currency, setting trends and benchmarks for the entire crypto landscape....
Bitcoin Price Prediction: BTC's Bullish Dance Aiming for $36,500 Amid Overbought Alerts
25.10.2023
In the midst of overbought signals, Bitcoin price shows no signs of slowing down as it remains on a bullish trajectory, with technical indicators predicting a target of $36,500.
Join us as we delve into the factors driving this surge and explore the potential implications for investors. ...
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BitMEX Co-Founder Arthur Hayes Says Bitcoin is Rallying on "Fears of Global Wartime Inflation"
25.10.2023
Arthur Hayes, co-founder of crypto derivatives exchange BitMEX, believes the recent rally in the crypto market is not solely driven by anticipation of a spot Bitcoin (BTC) ETF.
In a Tuesday essay titled "The Periphery," Hayes attributed the surge in the crypto market to the costs associated with...
El Salvador Town Tires of Waiting for Bukele, Will Build ‘Real Bitcoin City’
25.10.2023
An El Salvador town has grown tired of waiting for President Nayib Bukele to build Bitcoin City – and will instead build its own “Bitcoin City” project “a few kilometers away.”
Residents of Berlin, a town in the Usulután Department, say they want to build the “real Bitcoin City,” instead...
What Key Technical Levels Should Bitcoin Traders Watch After Crypto Price's Recent Plunge?
25.10.2023
Source: Pexels
Bitcoin price volatility declined recently, as the digital currency has been trading within a relatively modest range over the last few days. (Bitcoin Helder.
The digital currency, which was trading close to $34,000 at the time of this writing, has not moved around much yesterday...
What Developments Should Traders Watch As Bitcoin Trades Range-Bound?
25.10.2023
Source: Pexels
Bitcoin price managed to avoid sharp volatility today, trading within a relatively narrow range.
The world's largest digital currency by market value fluctuated between roughly $33,800 and $34,400 today, according to BTC/USDT Coinbase data provided by TradingView.
This took...
Bitcoin-Focused Businesses Record Significant Gains as BTC Price Surges
24.10.2023
Bitcoin has seen an astonishing surge of more than 10% this week, reaching an all-time high price of $35,900. This surge has had a domino effect on stocks linked to the crypto asset, propelling them to impressive multi-week highs.
One of the standout performers is MicroStrategy, the largest...
Miners and Coinbase Rally in Wake of BTC Price Boost Fueled by Bitcoin ETF Anticipation
24.10.2023
As the market closely watches developments surrounding the potential approval of a Bitcoin spot exchange-traded fund (ETF) for BlackRock by the U.S. Securities and Exchange Commission (SEC), shares of crypto-related companies are seeing major gains.
Coinbase, MicroStrategy, and Marathon Digital...
Bitcoin Price Prediction as BTC Touches $35,000 for First Time Since May Last Year: Can an ETF Approval Send BTC to $100,000?
24.10.2023
Bitcoin (BTC), the most valuable cryptocurrency in the world, has recently achieved a significant milestone by surpassing $34,000. This represents its highest point in the past three months.
The increase in value can be attributed to the increasing optimism regarding the potential approval of...
Bitcoin Dips 3% in Minutes as DTCC Removes BlackRock’s iShares Bitcoin Trust Ticker From List – Are Spot BTC ETF Approvals At Risk?
24.10.2023
The Bitcoin (BTC) price is selling off as FUD (fear, uncertainty and doubt) spreads around the market that spot Bitcoin Exchange Traded Fund (ETF) approvals might not be as close as previously though.
BTC dipped 3% from around $34,500 to around $33,500 in minutes following the removal...
Hong Kong CSOP Bitcoin Futures ETF Marks Record Trading Volume and Net Inflow Amid Recent Rally
24.10.2023
Hong Kong's CSOP Bitcoin Futures ETF has experienced a surge in trading volume and net inflow amidst the recent Bitcoin (BTC) rally.
On October 24, the ETF recorded a trading volume of HK$175.87 million, accompanied by net inflows of HK$138 million, marking the highest trading volume and...
Centralized Exchanges Record Net Outflows as Bitcoin Price Inches Near $35,000
24.10.2023
The surge in the price of Bitcoin (BTC) has led to a change in investors' sentiment towards the market sparking different calls from market players not recorded in months.
Data from on-chain analytics firm CoinGlass show high net outflows from centralized digital asset exchanges as the price...
Spot Bitcoin ETF Hype Rally Weekly Inflows To $66 Million, Investors Remain Bullish on Solana: Report
24.10.2023
Digital asset investment products notched a fourth week of consecutive inflow with Bitcoin (BTC) recording $55.3million as investors hovered around a spot BTC ETF approval in the United States.
A new CoinShares weekly market report shows a renewed interest in digital asset products, a decrease...
Matrixport Doubles Down on $45,000 Bitcoin Prediction as FOMO Grips Crypto Market
24.10.2023
Crypto financial services company Matrixport has doubled down on its earlier prediction that Bitcoin's price could reach $45,000 by the end of the year as the FOMO sentiment grips Bitcoin market.
This forecast comes as Bitcoin's market share has surged to 52.1%, and its trading volume has seen...
Bitcoin Price Prediction as BTC Breaks $33,000: Is the 'Next Wave' Here?
24.10.2023
Bitcoin, once again, is generating buzz as it surges past the $33,000 mark, raising speculations about a possible "next wave" in the cryptocurrency realm.
Experts suggest that a potential market shakeup is on the horizon, underscored by a billionaire's choice to bolster his gold and Bitcoin...
Bitcoin Already Hit $38,000 on This Exchange as Flagship Cryptocurrency Resumes Rally
24.10.2023
Bitcoin has already breached $38,000 on crypto exchange Bitgamo as the leading cryptocurrency pumps amid optimism around spot exchange-traded fund (ETF).
At the time of writing, BTC is trading at $37,682 on Bitgamo, compared to around $34,300 on other major exchanges...