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Jim Cramer's Bitcoin Prediction: Prepare for a Sharp Drop – Best Counter Indicator?
11.10.2023
Jim Cramer, the well-known host of CNBC’s Mad Money show, has raised eyebrows with his recent Bitcoin (BTC) forecast.
Known for his sometimes erratic and often wrong financial predictions, Cramer shared his skeptical outlook on number one cryptocurrency during a recent guest appearance on the...
New Fidelity Digital Assets Report Advocates Bitcoin Over Gold for Portfolio Diversification
11.10.2023
Fidelity Digital Assets brought new light to the subject of cryptocurrency investments in its September 2023 study, focusing particularly on Bitcoin.
Authored by Chris Kuiper, Director of Research, and Jack Neureuter, Research Analyst, the report meticulously dissects why Bitcoin should...
U.S. Economy's Strength Signals Potential for Bitcoin Growth
11.10.2023
The recent resilience of the US economy, as demonstrated by the unexpected addition of 336,000 jobs in September, might hold positive implications for the growth of Bitcoin (BTC), Yield App chief investment officer Lucas Kiely has argued.
Writing in an opinion piece for Cointelegraph, Kiely...
Bitcoin Miner Hut 8 Halts BTC Sales, Remain Bullish on Price Ahead of Halving
11.10.2023
Bitcoin (BTC) miner Hut 8 produced 111 BTC in September without any sales to fund its operations as it prepares for the next halving.
The firm released its mining and production update for September with its capacity, growth, added investment, and partnerships.
Per the release, the miner holds...
Bitcoin Price Prediction: 2% Fall; Economy Booms, Fidelity Underscores BTC Role
11.10.2023
On Wednesday, Bitcoin price experienced a minor setback, with its price declining by 1.75% to trade at $27,325. This dip comes amidst a flourishing economy, suggesting that now might be an opportune moment for investors to delve deeper into the world of Bitcoin.
Notably, the stability of Bitcoin...
The next Bitcoin halving: 5 key facts & impacts you need to know
11.10.2023
In the history of events associated with digital assets, Bitcoin halving has turned out to be one of the most pivotal events that have speedily gained traction. Simply put, Bitcoin’s halving has sparked the interest of every individual pertinent to Bitcoin, the leading cryptocurrency in the world....
Bitcoin Price Prediction as BTC Holds Steady at $27,500 Support – Is a Recovery Imminent?
10.10.2023
Bitcoin (BTC), the world's oldest and most valuable digital currency, couldn't climb above $28,000 recently.
This is because investors are feeling cautious due to the ongoing conflict between Israel and Hamas, which is becoming more intense.
However, the total value of all cryptocurrencies...
Bitmain Addresses Cash Flow Woes, Pays Delayed September Salaries
10.10.2023
China-based Bitcoin (BTC) mining machine manufacturer Bitmain has resolved a recent salary delay issue by finally paying its employees for the month of September.
This move comes after Bitmain issued an internal notice on October 3, informing its staff of the delay in salary payments for that...
Bitcoin (BTC) sentiments shift to long-term holders
10.10.2023
Bitcoin’s volatility has increased to 340%. While this dates back to October 2, 2023, it shows that the month will be better for BTC. The effect is such that the price is trading positively at $27,664.40, an increase of 0.25% in the last 24 hours. Most importantly, Bitcoin seems to have changed...
Bitcoin Price Prediction: RFK Jr. Goes Independent, Israel War Spurs Crypto Aid, BitVM Unveiled
10.10.2023
The cryptocurrency world is abuzz with significant developments today. Bitcoin is currently trading at $27,653, experiencing a 1% decrease on Tuesday. In a noteworthy political move, Robert F. Kennedy Jr., a staunch advocate for cryptocurrencies, has decided to run for president as an independent...
Bitcoin Price Prediction as BTC Recovers Past $26,000 Resistance – Are the Bulls Taking Over?
9.10.2023
Bitcoin (BTC), the most valuable cryptocurrency in the world, could not break the $28,000 mark over the weekend, showing sluggish movement.
The ongoing Israel-Hamas conflict is largely to blame for this, as investors are exercising caution and taking a wait-and-see approach before making...
Crypto Analyst: Bitcoin's 11.1% Loss in Q3 Defies Expectations
9.10.2023
Bitcoin (BTC) faced a challenging third quarter, posting a loss of 11.1%, placing it just above long-term treasuries, which experienced a -11.9% loss during the same period.
The weak performance has puzzled both crypto analysts and investors, given the favorable fundamental developments that have...
Ex-BlackRock manager predicts US Bitcoin ETFs approval
9.10.2023
An ex-BlackRock manager has predicted that the US could soon approve Bitcoin ETFs, or Exchange Traded Funds. Once approved, financial institutions will have a clearer picture of how they can invest in Bitcoin. Moreover, it will provide a well-structured and regulated avenue for investors....
Bitcoin Price Prediction: BTC Stabilizes at $27,800: OpenAI CEO Praises BTC; Putin Forewarns US Dollar Collapse
9.10.2023
Bitcoin is currently trading at $27,955, experiencing a marginal 0.25% decline on Monday. In a notable development, the CEO of OpenAI has lauded Bitcoin as the "super logical" step on the tech tree, highlighting its significance in the evolving technological landscape. ...
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Bitcoin Price Prediction as BTC Faces Crucial $28,500 Threshold – Will it Break Through to Higher Ground?
8.10.2023
The cryptocurrency community is abuzz with speculation and anticipation as Bitcoin hovers tantalizingly close to the significant $28,500 mark. Will Bitcoin surge past this barrier to achieve new heights, or is there a retreat on the horizon?
This analysis delves into the current dynamics...
Bitcoin Price Prediction as BTC Projected to Reach $28,435 by Mid-October – Is a 9% Surge on the Horizon?
7.10.2023
Bitcoin has been making waves in the cryptocurrency market recently, with speculations suggesting that the leading cryptocurrency might be on track to reach $28,435 by the middle of October.
Recent forecasts posit that Bitcoin could touch a noteworthy value of $28,435 by mid-October, representing...
Bitcoin Price Prediction as BTC Bulls Eye $30,000 Resistance as Non-Farm Payroll Data is Released – A Comeback in Play?
6.10.2023
In light of recent data showcasing a remarkable surge in US nonfarm payrolls, the cryptocurrency realm, particularly Bitcoin (BTC), seems to be set on a trajectory of its own.
The employment figures for September 2023 have come in at a stellar 336K, easily surpassing the revised August count...
$400 Million Bitcoin Options Expiry: Will It Impact the Recent Rally?
6.10.2023
As crypto markets remain relatively stagnant, attention is turning to the impact of a significant Bitcoin (BTC) options expiry event set to occur on October 6.
Approximately 14,000 Bitcoin options contracts, with a total notional value of around $400 million, are set to expire that day, though...
Bitcoin Price Whipsaws Following Blockbuster US Jobs Report - Here's Where BTC is Headed Next
6.10.2023
Bitcoin (BTC), the world’s first and largest cryptocurrency by market capitalization, has seen whipsaw price action since the release of a much stronger-than-expected US jobs report for September.
The blockbuster report showed the US economy adding 336,000 jobs last month, nearly double the median...
Bitcoin mining pool goes live in El Salvador
6.10.2023
Volcano Energy and Luxor have created Lava Pool, making it the first Bitcoin mining pool in El Salvador. The objective is to tap into the geothermal energy resources of the country. The development comes almost two years after El Salvador announced making BTC a legal tender. Volcano Energy will...