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Bitcoin Price Prediction as BTC Spikes Up 1.5% – Where is BTC Heading Now?


Bitcoin's recent price surge of 1.5% has ignited discussions about the cryptocurrency's future trajectory.  The changing crypto landscape and retail access to Bitcoin were key points of discussion in a recent interview with former SEC Chair Jay Clayton. With the live Bitcoin price at $29,468...

Bitcoin ETF Hopefuls Face Setback as SEC Delays Ruling


Bitcoin exchange-traded fund (ETF) hopefuls have faced a setback as the US Securities and Exchange Commission (SEC) decided to delay their ruling on Ark Invest’s spot Bitcoin ETF application. Next up now is the Bitwise Bitcoin ETP Trust's, which the SEC will need to decide on whether to approve...

Bitcoin Price Prediction as BTC Spikes Up 2% in 24 Hours – Time to Buy?


Bitcoin's recent price surge of 2% within a 24-hour period has prompted speculation about its potential implications for investors.  As market dynamics continue to evolve, the question arises: Is this surge signaling an opportune moment to consider buying Bitcoin? Let's find out. In a recent...

Can 1 BTC Make You a Millionaire? Here's What You Need to Know


Could owning one Bitcoin (BTC) make you a millionaire? According to prominent figures in the crypto space like Ark Invest’s CEO Cathie Wood and MicroStrategy executive chairman (and former CEO) Michael Saylor, yes. In a report released by Ark Invest earlier this year, Cathie Wood and...

Bitcoin’s remarkable rise: Unveiling the second quarter triumph


In the ever-evolving landscape of cryptocurrencies, the second quarter of the year has emerged as a defining period for the digital gold: Bitcoin. The data paints a vivid picture of Bitcoin’s triumphant ascent, with its price surging by an impressive 85% year-to-date (YTD).  This surge...

A new survey by the Bitcoin mining council confirms power improvements


The Bitcoin Mining Council recently released a new survey. The report revealed a 70% increase in the Bitcoin mining hash rate in H1 2023. Similarly, there has been a 1% growth in sustainable power within the period. The voluntary global forum for BTC mining projects released its findings based...

Bitcoin Price Prediction: Navigating Moody's Rating Cut and Banking Crisis


The BTC/USD pair is currently experiencing a decline of nearly 0.50%, trading at $29,597 as it braces for the impact of the upcoming US Consumer Price Index (CPI) release.  Amidst this market backdrop, Bitcoin continues to demonstrate its resilience despite challenges such as Moody's rating...

Riot platforms brings down its net loss in Q2


Riot Platforms is a venture that is exclusively engaged in the mining activity of Bitcoin, or BTC. The Colorado-based mining venture has revealed that it was finally able to bring down the net loss in the second quarter of 2023. When compared with the second quarter of the previous year (2022),...

Exploring Bitcoin’s future: factors, impact, and implications


Bitcoin, a global phenomenon with far-reaching implications, was introduced as an experimental digital currency in 2009. The cryptocurrency’s decentralized nature, scarcity, and potential for financial innovation have generated widespread interest. As conventional financial systems experience...

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