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Standard Chartered Warns Bitcoin Price Could Fall to $50K
3.5.2024
Standard Chartered Bank has warned that bitcoin’s price could potentially decline to $50,000. The head of digital asset research at the bank attributed this forecast to a mix of crypto-specific factors and broader macroeconomic influences. Additionally, he warned about the risk...
Analysts expect Bitcoin price recovery after Fed leaves rates unchanged
2.5.2024
Bitcoin price shows signs of a recovery, but analysts are uncertain whether the strongest part of the correction has passed
‘Mr. 100’ buys the Bitcoin dip for the first time since halving — Is the BTC bottom in?
2.5.2024
Mr. 100, an entity previously identified as Upbit, has bought over $147 million worth of Bitcoin for the first time since the halving, suggesting an end to the current retracement
Bitcoin Traders Target Test of $53,000 Support as BTC Price Predictions Remains Bearish Following Fed Meeting
2.5.2024
The Bitcoin (BTC) price is consolidating in the mid-$57,000s, down roughly 5% on the day, though up around 1.5% or $1,000 from earlier session lows as traders weigh the outlook for Fed rate cuts this year in wake of the latest policy announcement from the US central bank.
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Bitcoin traders set $50K price target after BTC falls below key support level
1.5.2024
Bitcoin’s prolonged correction is driven by a sharp decrease in demand for nearly all investor cohorts
‘Sell in May and Go Away’: The Seasonality of Crypto-asset Returns
1.5.2024
The summer months, between June and September, have historically brought significantly lower investor returns than other months of the year, says André Dragosch, head of research at ETC Group
Bitcoin down 20%+ from all-time highs — Is BTC price headed to $50K?
1.5.2024
While the current correction remains in line with historical price corrections, Bitcoin could briefly fall to the $50,000 mark after losing the average ETF inflow mark of $59,000
Bitcoin L2s set to explode as Runes congest BTC network
1.5.2024
High transaction fees and network congestion from the Runes protocol are increasing demand for Bitcoin layer-2 solutions
Bitcoin Technical Analysis: Uncertainty Looms as Bearish Patterns Persist
1.5.2024
Bitcoin’s technical analysis reveals a protracted bearish trend, reflecting significant selling pressure and resistance to upward movement. With today’s price standing between $57,505 and $58,059 at 8 a.m. ET, oscillators and moving averages predominantly suggest a continuation...
Tether nets record $4.52 billion profit in Q1 2024 — majority from Bitcoin and gold
1.5.2024
The majority, or $3.52 billion of the profit, stemmed from the firm’s financial gains on Bitcoin and gold, while the additional $1 billion came from operating profits
The reasons Bitcoin price is down 11% since the halving
1.5.2024
Bitcoin’s current price action is “hardly a surprise” given the extraordinary bullish action leading up to the fourth halving
Bitcoin’s ‘euphoria phase’ cools, but a BTC bottom could be near — Glassnode
30.4.2024
Data suggests that newer investors are behind Bitcoin’s sell-off, but sell-side exhaustion will eventually mark BTC’s price bottom
Bitcoin sells the news on Hong Kong ETF debut — Will BTC hold $60K?
30.4.2024
Bitcoin could continue its decline below the $60,000 psychological mark after the debut of Hong Kong ETFs proved to be a sell-the-news event
Bitcoin’s 61-Day Streak Above $60K Threatened, $271M in Liquidations as BTC Nears Critical Threshold
30.4.2024
Bitcoin prices experienced a notable decline on Tuesday, dropping more than 2% against the U.S. dollar in the last 24 hours, following a 7.8% decrease over the previous week. Global trading volumes on spot crypto exchanges have remained subdued, and in the past day, derivatives exchanges saw $271...
Crypto investment funds see $435M outflow as bull market stalls amid rising inflation concerns
29.4.2024
Concerns over rising inflation and flat spot Bitcoin ETF inflows could be factors in the $435 million outflow from crypto investment funds last week
Bitcoin Runes fees surpass 1,200 BTC as miners reap rewards post-halving
29.4.2024
Bitcoin miners are reaping the benefits of Runes after the halving, with skyrocketing transaction fees lessening the impact of reduced block rewards
Bitcoin Technical Analysis: Persistent Bearish Trends Hinder BTC’s Recovery
29.4.2024
As of April 29, 2024, bitcoin remains under considerable bearish pressure according to multiple indicators across different time frames. Currently trading at $62,279, bitcoin has shown a 24-hour range between $61,994 and $63,929. Bitcoin Bitcoin’s (BTC) daily chart presents a stark bearish...
Analyst Eyes $300K Bitcoin Price as BTC Approaches ‘Most Aggressive Part of the Bull Cycle’
28.4.2024
A technical analyst has highlighted that bitcoin is approaching “the point where historically the most aggressive part of the bull cycle begins,” forecasting a potential rise to $300,000 for the cryptocurrency. “Unrealistic or not, that gives us a $300,000 projection and...
Bitcoin Sees Rise in Sell Calls Amid Expectations of Asian Institutional Boost
27.4.2024
Over the past week, bitcoin has exhibited a downward trend, with its price stabilizing at around $62,950 to $63,125 per unit as of April 27. Despite this dip, the Crypto Fear and Greed Index remains firmly in the “greed” sector. According to Google Trends, interest in the term...
Insights from Token2049: How crypto wealth is made
26.4.2024
Attendees at Token 2049 in Dubai shared their personal stories on how they became rich