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Bitcoin Price Prediction as Standard Chartered Says Bitcoin Could Rise to $120,000 in 2024 – Time to Buy?
12.7.2023
The leading cryptocurrency, Bitcoin (BTC), has maintained its upward trajectory and remains well above the $30,000 level.
The surge in Bitcoin's value can be attributed to various factors, including positive predictions, increased institutional adoption, greater acceptance among mainstream...
Sui Chung of CF Benchmarks Confident in Approval of Spot Bitcoin ETF by SEC
11.7.2023
Sui Chung, CEO of the crypto index provider CF Benchmarks, says he is “very optimistic” about the US Securities and Exchange Commission (SEC) approving a spot Bitcoin exchange-traded fund (ETF).
“We are very optimistic that approval will be granted by the SEC because the SEC has consistently...
Former SEC Chairman Highlights Conditions for Bitcoin ETF Approval
11.7.2023
Former Securities and Exchange Commission (SEC) chairman Jay Clayton has said that a spot Bitcoin (BTC) exchange-traded fund (ETF) is likely to get approved if it can be shown that the Bitcoin spot market offers the same “efficacy” as the futures market.
“If they’re [applicants] right—that...
Bitcoin Price Prediction: BTC Up 1.5% as Market Focus Shifts to June CPI and PPI Readings
11.7.2023
Bitcoin price is trading at $30,492 in today's market, marking an over 1% rise on Tuesday.
The cryptocurrency market continues to draw attention as Gary Gensler, the chair of the US Securities and Exchange Commission (SEC), faces criticism from a Ripple attorney, who refers to him as a "bad faith...
Bitcoin Price Prediction as BTC Wobbles at $30,000 Support – Is a Larger Sell Off on the Way?
10.7.2023
Bitcoin's price is currently teetering around the crucial $30,000 support level, raising concerns about the possibility of a more significant sell-off.
The cryptocurrency's stability at this critical juncture has attracted considerable attention among traders and investors, as they closely monitor...
Bitcoin's Optimism Fades as Turmoil and Interest Rates Present Challenges
10.7.2023
Bitcoin (BTC) fell lower over the course of last week, as optimism faded among market participants in the face of potentially higher interest rates in the US.
The price of the number one cryptocurrency have largely been in an uptrend since news broke that the world’s largest asset manager...
Volatility Shares Co-Founder: Spot Bitcoin ETF Will Attract New Investors
10.7.2023
A spot Bitcoin (BTC) exchange-traded-funds (ETF) could mark a new phase of institutional investors entering the crypto market.
Justin Young, co-founder and president of Volatility Shares, has said that investors seeking exposure to Bitcoin are searching for the "easiest and most regulated way"...
The Big Halving: Bitcoin Miners Prepare for Token Rewards Reduction
10.7.2023
The next Bitcoin (BTC) halving, the most anticipated quadrennial event in the cryptocurrency space that has the potential to drive the maiden digital currency price to new heights, could pose more troubles to Bitcoin miners than the previous ones.
According to mining experts, Bitcoin miners would...
Bitcoin remains resilient in the face of uncertainty
10.7.2023
The global market is facing extreme resistance, with the Fed’s latest revealing its decision to halt the consecutive hike rates that continued for 10 months and were debated vigorously. Following the Fed’s hawkish sentiment, the futures rate of interest has risen considerably, currently...
Bitcoin Price Prediction: ETF Enthusiasm Fades as Market Dynamics Shift
10.7.2023
The price of Bitcoin is currently trading at $30,196, representing a drop of nearly %0.50 on Monday.
After a period of excitement surrounding the potential approval of Bitcoin exchange-traded funds (ETFs), the market sentiment has shifted, leading to a decline in Bitcoin's price.
Investors...
Bitcoin Price Prediction as BTC Spikes Up 0.2% – Is the Sell Off Over?
9.7.2023
On Sunday, Bitcoin price is currently trading at $30,325, showing a slight increase in price.
This upward movement comes as new Lightning Labs tools enable artificial intelligence (AI) to facilitate Bitcoin transactions, further advancing technology integration and digital currencies. ...
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Lightning Labs Enables AI to Hold, Send, and Receive Bitcoin with New Tools
9.7.2023
Blockchain infrastructure company Lightning Labs has unveiled a set of developer tools that enable the integration of Bitcoin (BTC) with AI applications and Large Language Models (LLMs) such as ChatGPT.
The company, which develops software that powers the Lightning Network, said these new tools...
Bitcoin analysts believe BTC bull run will cool off, QUBE presale breaks $1M milestone
8.7.2023
The first half of the year was filled with excitement, ranging from the SEC judging some tokens as securities, the lawsuit against Binance and Coinbase for allegedly trading unregistered securities, and the frenzy around spot Bitcoin ETFs. Amidst this, Bitcoin has soared and has comfortably reached...
Bitcoin Price Prediction as BTC Builds Strong Support at $30,000 Level – Where is BTC Going Next?
8.7.2023
Bitcoin, the leading cryptocurrency, has been gaining momentum as it establishes a strong support level at $30,000. The recent insights from industry experts add an interesting perspective to Bitcoin's future.
According to Arthur Hayes, the former CEO of BitMEX, Bitcoin has the potential...
Bitcoin Price Prediction as BTC Tumbles Down to $30,000 Level – Will it Fall Lower?
7.7.2023
Bitcoin (BTC), the dominant cryptocurrency, experienced a downturn as it encountered selling pressure near the $30,202 threshold.
The release of the Federal Open Market Committee (FOMC) minutes played a role in this downward trend.
However, amidst the market turbulence, renewed optimism...
JP Morgan Cast Doubts On The Possible Effects of A Spot BTC ETF
7.7.2023
Financial giant, JP Morgan believes that an approval of a spot Bitcoin (BTC) ETF by the Securities and Exchange Commission (SEC) will not significantly affect the price and adoption of the asset.
In a new report, the bank opined that while the community lauds the remarkable progress made by firms...
All-time High in Bitcoin's Unmoved Supply as Institutional Interest Rises
7.7.2023
The unmoved supply of Bitcoin (BTC) reached an all-time high in June, with nearly 70% of the circulating supply not moving for a year, a report from asset manager Ark Invest has said.
The report, titled “The Dawn of the ETF Era?” focused on the potential for a new spot Bitcoin exchange-traded fund...
Bitcoin Price Prediction as K33 Research Analyst Says 'Multiple Positive Catalysts Ahead' – Can BTC Reach $100,000 This Year?
7.7.2023
Bitcoin's current trading pattern has been characterized by choppiness, as it maintains a narrow trading range between $29,000 and $31,350.
As the crypto market continues to capture the attention of investors and enthusiasts, the question on everyone's mind is: Can Bitcoin reach $100,000 this...
Bitcoin Miners Achieve Unprecedented Success: Q2 2023 Fee Revenue Hits $184M, Outpacing 2022
6.7.2023
A recent report shows that Bitcoin miners have witnessed a notable achievement, surpassing its previous 2022 record.
The report revealed that the miner made over $100 million from transaction fees alone in the second quarter of 2023.
The amount accumulated is over five times the total fees earned...
Anchorage Digital's Assets Under Custody Surge Amid Increased Demand for Safe Crypto Storage
6.7.2023
The San Francisco-based crypto bank Anchorage Digital has seen a surge in its business this year, as institutions seek safer ways to store their crypto, Bloomberg has reported.
In the first quarter of 2023, Anchorage Digital’s assets under custody rose 80% compared to the prior quarter, the report...