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Bitcoin Price Prediction as BTC Breaches $40,000 Level For the First Time in 18 Months
4.12.2023
Bitcoin, the trailblazer of the cryptocurrency world, has soared beyond expectations, breaking through the $41,000 threshold, a feat not seen in the last 18 months. This bullish trend is driven largely by market optimism surrounding the U.S. Federal Reserve‘s anticipated interest rate cuts...
Is It Too Late to Buy Bittensor? TAO Price Rises 18% as All Eyes Turn to Meme Kombat – Next Pepe Coin?
4.12.2023
As Bitcoin price smashes $42K, the AI narrative is back in full-force, and emerging AI crypto Bittensor has seen native TAO price rise +18%, but is it too late to buy Bittensor? With TAO activity spiking following a new token listing on the Gate.Io exchange, which has seen an explosive surge...
Bitcoin Technical Analysis: BTC Breaks $42K Resistance in Latest Bullish Swing
4.12.2023
On December 4, 2023, bitcoin’s price exhibited significant movements trading between $39,409 and $42,155 during the intraday sessions. The crypto asset briefly crossed the $42K zone — a height not seen since the Terra LUNA crash. Bitcoin’s current market capitalization is around $813 billion...
Bitcoin Price Breaks Through $42,000, Up 6.6% in 24 Hours
4.12.2023
Source: Pexels Bitcoin price briefly broke through the $42,000 mark earlier today, gaining 6.6% in the last 24 hours. This surge marks a recovery to levels last witnessed before the Terra crash in May 2022. Liquidations in the crypto market have concurrently spiked, with over $160 million...
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 Breaks $40K Barrier — Highest Value in Nearly Two Years
4.12.2023
On Sunday, December 3, 2023, bitcoin’s value surged past the $40K mark, peaking at $40,846 at 8:45 p.m. Eastern Time. Over the past week, bitcoin has witnessed an 8.4% increase and a 3% rise in the past 24 hours, achieving a peak that the cryptocurrency hadn’t seen in 20 months....
Big Names Talk Potential Impact of ETFs on BTC Price, Solo Miner Pulls Down Lucky Block Reward, and More — Week in Review
3.12.2023
Global investment bank JPMorgan has noted that SEC approval of a spot bitcoin exchange-traded fund (ETF) could “put severe downward pressure on bitcoin prices.” Conversely, Standard Chartered Bank sees “price upside” related to such an approval from the United States...
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...
Report: Bitcoin Miners’ Revenue Down by More Than 30% in the Last 6 Months
2.12.2023
In the past six months, Bitcoin miners’ revenue has dropped by more than 30%, with November revenues approximately $270 million lower than October revenues. The drop in Bitcoin miners’ revenue is attributed to Bitcoin price volatility, increased competition, and higher electricity...
Novogratz Expects Bitcoin Price to Be ‘Significantly Higher’ After SEC Approves Spot Bitcoin ETFs
2.12.2023
Galaxy Digital CEO Mike Novogratz expects the price of bitcoin to be significantly higher when the U.S. Securities and Exchange Commission (SEC) approves spot bitcoin exchange-traded funds (ETFs). “We will see a pretty successful shift of psychology … when the government says ‘you...
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 Technical Analysis: BTC Bulls Break Resistance, Holding Above $38K
1.12.2023
While U.S. equities and precious metals remain flat, bitcoin has seen an uptick in value over the past day. Currently valued at $38,376, with an intraday range stretching from $37,547 to $38,804, bitcoin’s market capitalization stands at $750 billion. Over the past 24 hours, bitcoin...
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...
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...
Bitcoin Price Prediction as It Breaks $38,000 Again – Will $40,000 Be the Next Milestone?
30.11.2023
Bitcoin (BTC), the leading cryptocurrency, has once again surged past the $38,100 threshold, reflecting renewed market confidence amid global economic shifts. This rally may be partially attributed to the Federal Reserve’s Waller’s optimistic statements, which have injected a fresh wave...
Standard Chartered Anticipates Bitcoin Reaching $100,000 Sooner Than Expected
30.11.2023
Standard Chartered Bank has doubled down on its bitcoin price forecast of $100,000 next year with increased optimism on the timing. “We now expect more price upside to materialize before the halving than we previously did, specifically via the earlier-than-expected introduction of U.S. spot...
Brazilians may soon need to stump up taxes on crypto held abroad
30.11.2023
The new rules would make income from crypto held on exchanges outside Brazil taxable at the same rate as local income