Bitcoin (BTC) price has led the entire altcoin industry in a notable calm, which from a historical perspective will yield a major storm in the near term. The flagship coin has experienced a significant resistance range between $69k and $72k in the past seven months, despite the notable positive fundamentals.
Major cryptocurrency analyst and trader Michael van de Poppe has taken to the X social media platform (formerly known as Twitter) to share an ultra-bullish Bitcoin price prediction. He named the main reason why he believes Bitcoin is on the verge of breaking out in a big way.
The Bitcoin market continues to see a lot of sideways action, although I must freely admit that the market has more of an upward “tilt” at this point in time. The Bitcoin market continues to see a lot of questions asked of it, and therefore we are still looking to
After years of waiting, the Securities and Exchange Commission (SEC) made a cryptocurrency market splash in January 2024, first with a fake announcement resulting from a hack and then with the genuine approval of a string of spot Bitcoin (BTC) exchange-traded funds (ETFs).
MicroStrategy is up over 1,500% since 1999 compared to Microsoft's 1,460% gains during the same 25-year period.
Stablecoin issuer Tether has unveiled a disappearing statue of Bitcoin's creator, Satoshi Nakamoto, at the Plan ₿ Forum, celebrating the mystery and legacy of the crypto pioneer.
Bitcoin has receded since testing $70,000 earlier this week, with several key economic reports set to be released in the coming week.
Bitcoin new addresses have declined over the past month. According to analysts, BTC must reclaim 350k new addresses for a sustained rally.
Microsoft is preparing for a critical shareholder meeting on December 10, during which the future of Bitcoin as a potential investment will be a heated topic. At present, Bitcoin is trading at approximately $68,115, which represents an increase of approximately 1.22%.
They asked them to vote against a report called the “Assessment of Investing in Bitcoin.” Why? Microsoft says they're already keeping a close eye on Bitcoin investment and don't need an extra report.
Microsoft, the tech giant worth more than the United Kingdom at a $3 trillion market cap, is to hold a vote on assessing whether to invest in bitcoin.
Ethereum dominates altcoins as the second largest cryptocurrency position with a market capitalization of $298.5 billion. However, it is currently facing competition from Rexas Finance (RXS), a new coin, and Cardano (ADA), a long-standing rival.
Bitcoin (BTC) has recovered after a recent price correction. While the bullish momentum has persisted on the market, crypto whales seem to be expecting a huge Bitcoin price breakout in the coming weeks.
Ethereum price continues to struggle around $2,500, with the ETH/BTC trading pair reaching its lowest level since April 2021.
Ether's monthly momentum indicator suggests a potential 25-50% rebound against Bitcoin in 2025.
MicroStrategy stock traded at a 25-year high of $235.89 as of Thursday's close, having gained more than 10% for the day.
The Japanese financial regulators are examining crypto exchange-traded funds (ETFs) for possible approvals following the U.S. regulator's greenlight to spot Bitcoin and Ethereum ETFs. Japan Group suggests that the local regulator in the country should mirror the U.S. regulator by focusing on the major crypto assets, Bitcoin and Ethereum, before considering other digital assets.
Bitcoin continues to capture the attention of traders and investors alike, recent activity in options markets suggests that the cryptocurrency might be on the verge of reaching an all-time high of $80,000 by the end of November. This optimism comes amid growing speculation around the upcoming U.S. presidential election and its potential impact on Bitcoin's price trajectory.
MicroStrategy's aggressive Bitcoin acquisition strategy has contributed significantly to the company's stock price reaching an all-time high. The rise in Bitcoin's value has directly benefited the company's stockholders because it has continuously purchased substantial quantities of the cryptocurrency.
TL;DR Chainlink and Botanix Labs Partnership: Chainlink has partnered with Botanix Labs to integrate its oracle technology into Spiderchain, a Layer 2 network on Bitcoin, enhancing Bitcoin's blockchain ecosystem with real-world data feeds. Spiderchain Overview: Spiderchain is a decentralized, Ethereum-compatible Layer 2 blockchain on Bitcoin, enabling sophisticated DeFi applications by leveraging Bitcoin's security and liquidity.
Bitcoin is in its longest consolidation phase since March. This sparks discussions about whether it will break up or down, Expert opinions point to the Wyckoff accumulation phase and broader market strength as indicators of a potential bullish continuation. Here is what you should know.
The latest price moves in bitcoin (BTC) and crypto markets in context for Oct. 25, 2024. First Mover is CoinDesk's daily newsletter that contextualizes the latest actions in the crypto markets.
Predictions for Bitcoin's price are heating up, especially from Bitwise's head of alpha strategies, who believes it could rise to about $92,000 if Donald Trump wins the presidency.
The central bankers are the ones printing money and making everyone poorer via inflation. Bitcoin is the solution, not the problem.
Bullish activity has continued to rise as institutional investors keep showing great interest and confidence in spot Bitcoin ETFs. The ETF market is seeing a major uptrend, as daily net inflows hit a remarkable $188 million on Oct. 24, marking a robust period for spot Bitcoin ETFs.
Bitcoin Dominance (BTC.D) has been inexorably clawing its way higher since early September 2022, at which point it had reached its bottom at just under 39%. Currently at 59%, it may be that Bitcoin is soon to start ceding its dominance to the altcoins.
The broader crypto ecosystem went agog when the news of the Bitcoin (BTC) and Cardano (ADA) Bridge collaboration broke out. Despite this excitement, some pro-Bitcoin experts like Fred Krueger believe this update is overhyped, as Bitcoin does not necessarily need proof-of-stake (PoS) protocols to boost its utility.
Bitcoin‘s (CRYPTO: BTC) price remains subdued, trading at $67,900, a modest 1.2% gain on Friday morning. What Happened: This comes despite reaching near $69,000 earlier in the week, according to CoinGecko data.
TL;DR Proposal Overview: Microsoft shareholders will vote on December 10, on a proposal to invest in Bitcoin, presented by the National Center for Public Policy Research, suggesting a 1% asset allocation to Bitcoin as a hedge against inflation.
The Satoshi Action Fund is advancing efforts to secure state-level protections for Bitcoin self-custody, employing strategies similar to those used by the cannabis industry to navigate federal regulations. This initiative aims to create “safe haven” states for Bitcoin users, providing legal assurances for holding and using the digital asset.
A group of Japanese financial institutions urge the government to focus on major tokens such as Bitcoin and Ether in talks of allowing exchange-traded funds for cryptocurrencies.
Max Keiser, known in the Bitcoin (CRYPTO: BTC) community for his early advocacy and unrivaled enthusiasm, reminded everyone about his astronomical returns from the cryptocurrency. What happened: Joining a conversation on X about first investments in Bitcoin and how much they have swelled since then, Keiser revealed he was up an eye-popping 6,800,000% in profit since purchasing it in 2011.
Is Bitcoin and its fixed supply of 21 million at risk? It's an interesting question.
Vocal Bitcoin maximalist Max Keiser has shared what ROI (return on investment) he has seen on his BTC investments since the times when the flagship cryptocurrency traded as low as just $1.
TL;DR Massive Expiration Event: Over $5 billion in Bitcoin and Ethereum options expire today, with $4.25 billion in Bitcoin options and $1.01 billion in Ethereum options, expected to cause significant market volatility. Market Sentiment Indicators: Bitcoin's put-to-call ratio of 0.66 suggests a bullish outlook, while Ethereum's ratio of 0.
The tech giant includes the proposal among the voting items for the shareholders' meeting in December.
At the BRICS Summit 2024, there was discussion of blockchain and alternative payment systems. Earlier this month, the European Central Bank published a report hostile towards Bitcoin.
Cardano has integrated with the Bitcoin ecosystem through BitcoinOS's Grail Bridge, unlocking the top digital asset's substantial liquidity for its DeFi ecosystem. On Oct. 24, BitcoinOS explained that the move would expand Bitcoin's reach and enable decentralized programmability on its network.
The Federal Reserve and the European Central Bank (EBC) have each published papers "attacking" bitcoin—branded a "declaration of war"
Bitcoin is seeing partial recovery to $68,000, with a record $4.5 billion in options expiring today. Ethereum also has a substantial options expiry worth $1.01 billion, or 403,426 contracts.
That's pretty much what happened to one lucky solo miner who recently mined a block of Bitcoin worth over $222,000. Here's what went down and why this is such a big deal with this Bitcoin block.
Cardano's wallet and transactional activity following the Chang upgrade has raised some concerns.
According to Whale Alert, a dormant Bitcoin address dating back to Bitcoin's earliest days has been reactivated, resulting in an enormous gain of 169,358,650%.
Amid increased volatility, the crypto market cap has dropped to $2.31 Trillion from a high of $2.38 Trillion this month. Following this, top cryptocurrencies such as Bitcoin (BTC), Ethereum (ETH), and Ripple (XRP) have recorded a significant correction in their respective portfolios.
Bitcoin (BTC) price today trades at as of . BTC price hit a daily high of today after sliding % on.
It's a great time to buy these legendary cryptocurrencies.
The European Central Bank (ECB) regarding its critical stance on Bitcoin, the Satoshi Action Fund has issued a comprehensive rebuttal, defending the cryptocurrency's value and societal impact. The ECB's recent working paper, authored by officials Ulrich Bindseil and Jürgen Schaaf, characterized Bitcoin as a speculative asset lacking intrinsic value and contributing to wealth concentration.
Charles Hoskinson, the figure behind Cardano (ADA), recently talked about a significant new partnership between EMURGO and BitcoinOS. As reported yesterday by U.Today, the two entities are working together on something called the BitcoinOS Grail Bridge.