Bitcoin (BTC) bull and author Robert Kiyosaki has shared an interesting theory regarding the asset's current price struggles below $100,000 as the flagship cryptocurrency faces increased volatility.
The market has turned to red again, according to CoinStats.
Bitcoin's exchange reserves rose while netflows turned positive.
Bitcoin's growing prominence is no longer limited to individual enthusiasts or retail investors; companies are now integrating the cryptocurrency into their financial operations.
Bitcoin and the broader cryptocurrency market are grappling with a significant downturn, with the risk of a deeper correction looming. After reaching an all-time high of $108,300, Bitcoin's momentum appears exhausted, and bearish sentiment has dominated the market.
With Bitcoin (BTC -2.42%) hitting new all-time highs and breaking through the $100,000 price level in December, it's perhaps no surprise that many investors are exploring the pros and cons of adding this cryptocurrency to their portfolios. But just how much of your portfolio should you be allocating to Bitcoin?
Galaxy Research has shared its year-ending big predictions for 2025, expecting Bitcoin to go over $150,000 and Ethereum to grow even stronger. The report also talks about big changes in DeFi, stablecoins, and how institutions might embrace crypto in the coming years.
Bitcoin's Kimchi Premium has surged in South Korea, reaching its highest level since March 2009 amid the country's deepening political crisis and economic uncertainty.
Could a U.S. Federal Bitcoin Reserve push Bitcoin to $1 million? Learn how this transformative event could reshape the crypto market and global economy. The post Federal Bitcoin Reserve May Push Bitcoin Price to 1 Million appeared first on Cryptonews.
As Bitcoin (BTC) hovers around $92,000 and the critical $100,000 resistance level, the cryptocurrency market is rife with speculation about its next movements. Prominent crypto analyst Ali Martinez recently outlined potential scenarios for BTC's future, suggesting that a steep correction may be on the horizon.
As Bitcoin (BTC) continues to move sideways, investors wonder whether the flagship crypto will end the year positively or on a sour note. Some analysts suggest a close above recently lost levels could propel BTC's price to new highs.
Bitcoin nears oversold territory; potential retracement to $60K predicted. Mixed indicators suggest an uncertain trajectory; whales signal cautious market optimism.
As Bitcoin's value surpasses $100,000, luxury brands are increasingly adopting cryptocurrency payments to attract affluent, tech-savvy consumers and diversify their revenue streams. French department store Printemps has partnered with Binance and fintech firm Lyzi to accept Bitcoin and Ethereum, becoming the first European department store to do so.
A widely followed crypto strategist and trader is issuing a warning about Bitcoin as BTC hovers around $94,000. Pseudonymous crypto trader Altcoin Sherpa tells his 236,300 followers on the social media platform X that Bitcoin is lacking strength on the monthly chart after falling about 13% from its all-time high witnessed earlier this month.
Robert Kiyosaki, celebrated author of Rich Dad Poor Dad and a long-time advocate for financial independence, has once again captured headlines with a bold forecast for Bitcoin. According to Kiyosaki, the cryptocurrency could soar to an astonishing $350,000 by 2025.
While speculation is running high about the institutional adoption of bitcoin, Galaxy Research tempers expectations. According to the report published on December 27, the U.S. government will not buy bitcoin in 2025 but may explore new strategies regarding its existing reserves.
Bitcoin needs to hold above $93k to avoid further correction.
The total crypto market cap is down by $150 billion in two days.
Gold started the year at $2014, having itself a wonderful year amid several highs before hitting $2,719 in late November.
The growing dominance of the stablecoin Tether in the crypto market could signal a significant correction for Bitcoin, according to a well-known expert on TradingView. This analysis comes as BTC struggles to maintain its upward momentum after its recent all-time high of $108,365.
Digital asset and blockchain company Galaxy Research, led by head of research Alex Thorn, has released a forecast for 2025, predicting significant price movements and regulatory changes across major cryptocurrencies including Bitcoin (BTC), Ethereum (ETH), and Dogecoin (DOGE). Bitcoin On Track For $185,000 By Year-End 2025 According to Galaxy Research, Bitcoin is poised to exceed $150,000 in the first half of 2025 and may reach or surpass $185,000 by the end of the year.
As the broader crypto market continues to tackle heightened volatility, Bitcoin ETF products also appear to have faced significant turbulence. Notably, recent market stats indicate that the US Spot BTC ETFs closed the week with $287 million outflows, raising market concerns amid BTC price dip to $94K.
Robert Kiyosaki, investor and financial expert, also known for authoring a best-selling book on finances “Rich Dad Poor Dad”, has published a tweet about Bitcoin and BlackRock chief executive.
The Bitcoin market is experiencing a shift as major corporations integrate cryptocurrency into their financial strategies. Executive Chairman of Microstrategy, Michael Saylor, recently unveiled a detailed list on social media platform X, revealing the top 60 publicly traded companies with significant Bitcoin reserves.
The United States government is not expected to purchase Bitcoin in 2025, according to Galaxy Digital's head of research, Alex Thorn. The post US Government Unlikely to Buy Bitcoin in 2025, Says Galaxy Digital Research Head appeared first on Cryptonews.
BitMEX co-founder Arthur Hayes is predicting Bitcoin (BTC) will hit an astronomical peak this market cycle. In a new interview with Anna Tutova, the CEO of Coinstelegram, Hayes says Bitcoin could hit seven figures in about a year or so due to a massive expansion of monetary supply from governments.
XRP recorded a price correction, which can restrict it from competing with BTC and ETH.
Popular ETF issuer ProShares filed for a series of innovative exchange-traded funds that will offer exposure to traditional financial assets while incorporating a Bitcoin hedge. With an additional layer of Bitcoin futures integration, the proposed ETFs would track the performance of the S&P 500, Nasdaq-100, and gold.
Although Bitcoin (BTC) remains range-bound – trading between the $90,000 and $100,000 price levels – some crypto analysts predict that a price correction may be on the horizon due to a bearish ‘head and shoulders' pattern forming on the daily chart. Bitcoin To Drop To $80,000?
The cryptocurrency market is steady after recent ups and downs, with the total market cap standing at $3.3 trillion. However, trading activity dipped slightly, with intraday trade volume falling by 1.66% to $124.18 billion. Despite this, market sentiment remains neutral, as indicated by the Fear & Greed Index at 51.
Bitcoin has always been a volatile asset, with prices often swinging unpredictably. But what if there was a way to anticipate its movements?
The Bitcoin bulls have switched to the passive mode as they cannot exert enough pressure even in times of a drop in selling volume. This indicates a lack of interest among the market participants, as bears also remain inactive.
Analysts from the market intelligence company CryptoQuant note that current patterns in Bitcoin (BTC) metrics indicate possible changes in market dynamics. Bitcoin Price Faces Short-Term Volatility After a period of steady decline, spot exchange reserves have experienced a notable uptick, reflecting an inflow of 20,000 BTC.
Japan's Prime Minister has expressed uncertainty about adopting Bitcoin as part of the country's reserves, citing insufficient information on similar initiatives reportedly underway in the United States and elsewhere.
Around 80% of demand for the spot Bitcoin ETFs came from retail, but industry analysts expect institutions to pick up the pace in 2025.
ProShares has applied to launch ProShares Bitcoin hedge ETFs linked to the S&P 500, Nasdaq 100, and gold.
Putin's Russia sees the use of Bitcoin as an effective means to avoid sanctions in international trade.
The Bitcoin (BTC) ‘kimchi premium' has returned to South Korea's cryptocurrency market as the country grapples with political instability. This has led to a weakened Korean won (KRW) and a higher price for the leading cryptocurrency.
US Crypto Policies Threaten XRP & BTC Trends: Anti-crypto moves by the Biden administration and SEC weigh on XRP prices and BTC adoption potential.
The crypto market today is experiencing a cool-off period with the holiday season in full swing. Bitcoin (BTC) and Ethereum (ETH) have tumbled, with BTC falling below 95K and ETH now down to the 3300 range.
The moves of the Bitfinex whales have been reliable indicators for moves in the price of Bitcoin itself, as explained by this analyst.
Bitcoin has recently shown signs of potential market shifts as key metrics reflect changing investor behavior. This is evident in Bitcoin reserves on spot exchanges, which had been in a steady decline for weeks, now seeing a notable uptick with an inflow exceeding 20,000 BTC, according to CryptoQuant analyst IT Tech.
Corporations are fueling the bitcoin boom, with top 60 public companies amassing 591,368 BTC—Microstrategy dominating the list with an unrivaled 444,262 bitcoins.
Galaxy Research is of the belief there will be “some movement” within US government departments in 2025 to explore an "expanded Bitcoin reserve policy."
Galaxy Research is of the belief there will be “some movement” within US government departments in 2025 to explore an "expanded Bitcoin reserve policy."
In 2024, Bitcoin experienced an extraordinary rise in popularity on the social media platform X, formerly known as Twitter. According to recent data, mentions of Bitcoin on X increased by 65% year-over-year, with users publishing over 140 million tweets about the cryptocurrency.
Critical support for XRP is present at the 26 EMA, a level that has been holding the ground for the asset. The assets short-term trajectory will probably be determined by the ongoing battle at this price.
Bitcoin might soon face a major correction, but there is hope for a price hike too!