Bitcoin recent decline has led to a slight pushback in investor confidence and increased anticipation within the crypto community, with many now craving a rally back above $70,000 more than before. Amid this, a new analysis suggests that although the Bitcoin market could be on the brink of a major breakout, it hinges on a major indicator that concerns new investors.
Bitcoin's future value remains a hot topic, with Finder's latest survey reflecting expert opinions on its trajectory. While BTC is expected to hit $77,636 by the end of 2024, long-term projections predict growth to $113,364 by 2025 and $282,238 by 2030.
The Ethereum FUD fires are burning hotter than ever as Ether has fallen against Bitcoin and Solana while developers are fighting the flames.
In a bold move, Denmark is introducing a 42% tax on unrealized crypto gains, affecting Bitcoin and other digital assets acquired since 2009. This new rule aims to bring cryptocurrency taxation in line with traditional investments like stocks and bonds.
Microsoft recommends shareholders vote against assessing Bitcoin investments, citing management's thorough evaluation.
The Pennsylvania House of Representatives passed the Bitcoin Rights bill with strong bipartisan support.
Bitcoins price remained stable on Thursday, trading at $67,437.9 as market participants grappled with uncertainties surrounding the upcoming presidential election and relatively high U.S. interest rates. This atmosphere of risk aversion has contributed to subdued crypto trading volumes, reflecting broader hesitance among traders.
Nearly $20 million in cryptocurrencies has been reportedly drained out of U.S. government-linked wallets holding funds seized from the Bitfinex cryptocurrency exchange hack. What Happened: About $14 million in the Aave USDC (AUSDC) stablecoin, $5.
A significant Ethereum whale deposited 3,000 ETH, valued at $7.63 million, to Kraken. This massive transfer comes as the ETH/BTC pair plunges to new lows, signaling growing bearish sentiment in the market.
Potential reversal zone- $52530. BTCUSD consolidating in a narrow range between $69363 and $65000 for the past four days.
Microsoft shareholders are preparing for a high-stakes vote on December 10, where they will decide whether Bitcoin should be evaluated as part of the companys corporate investment strategy. This bold proposal faces opposition from Microsofts board due to Bitcoins volatility risks.
The Pennsylvania House of Representatives has overwhelmingly passed a bipartisan bill that protects the rights of residents to self-custody bitcoin and use it as a payment method, while establishing tax guidelines for bitcoin transactions.
Here's what the historical pattern of an on-chain indicator suggests regarding whether the time to accumulate Bitcoin is over or not. Bitcoin 150-Day MA aSOPR Currently Has A Value Of 1.01 As pointed out by an analyst in a CryptoQuant Quicktake post, the 150-day moving average (MA) of the Bitcoin aSOPR has a value of just 1.01 right now.
Bitcoin continues to navigate its volatile landscape, the question on many investors' minds is whether the cryptocurrency will surge towards $84,000 or experience a downturn towards $65,000. Recently, Bitcoin found crucial support at $66,800, marking a significant moment for the crypto community.
Bitcoin could reach $200,000 next year, driven by institutional adoption and major market events, according to a new report. Analysts expect Wall Street to surpass Bitcoin's pseudonymous creator, Satoshi Nakamoto, as the largest BTC holder. “By the end of 2024, we expect Wall Street to replace Satoshi as the top Bitcoin wallet,” they noted.
Bitcoin (BTC) price has gained 6% over the last 30 days. However, the current trend strength, as indicated by the ADX, shows signs of weakening.
Ethereum, the second-largest cryptocurrency by market capitalization, is facing a growing risk of a short-squeeze that could potentially help its price surge. The cryptocurrency's futures market is showing signs of extreme leverage, indicating that a significant number of traders are betting on a continued price decline.
Solana is displaying remarkable potential for recovery, and it appears that the asset may be approaching $200. The asset is currently trading comfortably above $170 after strong upward momentum was sparked by the breakthrough at $160 earlier this month.
Cycles rhyme but do not repeat. In the 2017-18 bull run, the weekly MACD bullish crossover saw a 617% return, but it could be much lesser this time.
The MicroStrategy chair is still facing criticism despite repentance.
Arkham Intelligence reported that Tesla transferred its entire stash of 11,509 Bitcoin (BTC) to new wallets. At the current market price, this amount is worth over $776 million.
The National Center for Public Policy Research, a conservative think tank, has notified shareholders of Microsoft that it intends to propose a Bitcoin Diversification Assessment at the company's annual meeting on Dec. 10, a filing shows.
Michael Saylor, the co-founder of MicroStrategy, has made headlines again, this time for his ambitious vision of leaving his substantial wealth to benefit humanity. In a recent interview with a New Zealand media outlet, Saylor discussed his plans to follow in the footsteps of Bitcoin's mysterious creator, Satoshi Nakamoto.
Microsoft's board is already recommending voting against it, arguing they already “evaluate a wide range of investable assets,” including Bitcoin.
Microsoft's board is already recommending voting against it, arguing they already “evaluate a wide range of investable assets,” including Bitcoin.
In a document filed with the US Securities and Exchange Commission (SEC), tech giant Microsoft revealed it's considering a proposal to invest in Bitcoin. Microsoft precisely disclosed that the “Assessment of Investing in Bitcoin” is currently proposed and will be voted on during the shareholder meeting on December 10.
Microsoft shareholders will vote in December on whether the company should invest in Bitcoin, according to an SEC filing on Thursday.
Recent on-chain data has revealed a new milestone for Bitcoin whales, i.e., addresses holding at least 1,000 BTC.
Ethereum (ETH) price appears to be moving within a neutral range, as indicated by several market metrics. The current Net Unrealized Profit/Loss (NUPL) value signals that most investors are neither highly profitable nor experiencing heavy losses.
Microsoft shareholders are preparing to vote on a proposal to assess Bitcoin as a potential corporate investment. This proposal, submitted by a shareholder advisory board, calls for an in-depth evaluation of Bitcoin's role in Microsoft's treasury operations.
The total number of Bitcoin (BTC) whale entities has recently hit its highest level since January 2021, with data from on-chain analytics firm Glassnode showing there are 1,678 BTC whales.
Microsoft will consider investing in bitcoin at its next shareholder meeting, according to an SEC filing on Thursday.
The strategy resembles tactics seen in past crypto heists, casting doubt on recovery as the funds could soon be laundered through mixers.
Microsoft shareholders are set to vote on a proposal to assess Bitcoin (BTC) as a potential corporate investment at the tech giant's upcoming annual meeting at the end of the year, according to an Oct. 24 regulatory filing.
The Minneapolis Federal Reserve Bank has stirred significant conversation about the future of cryptocurrencies, particularly Bitcoin. The report, published on October 17, argues that cryptocurrencies should either be taxed or banned entirely to help manage persistent budget deficits.
Bitcoin, the largest cryptocurrency asset, could be set for positive movement once again. Recent developments around Coinbase Premium spark the potential for a short-term rally, suggesting a positive outlook for BTC in the upcoming weeks.
American multinational technology giant Microsoft has recently made headlines with a filing to the US Securities and Exchange Commission (SEC), indicating a potential interest in investing in Bitcoin (BTC), the largest cryptocurrency by market capitalization.
The cryptocurrency landscape is known for its rapid fluctuations and unpredictable trends, but recent data regarding Ethereum's leverage ratio has raised eyebrows across the investment community. The Estimated Leverage Ratio has spiked to extreme levels, prompting many to wonder what this indicates for Ethereum's future price movements.
Despite the Bitcoin price consolidating between $65,000 and $68,000 over the past few days, analysts are increasingly optimistic about the potential for upward movement and new all-time highs for the largest cryptocurrency on the market in the coming months. Bitcoin Surge Regardless Of US Election Outcome In a recent social media post on X (formerly Twitter), market expert Timothy Peterson highlighted a basic trendline for the period 2023-2024, suggesting that current price behavior mirrors previous uptrend patterns.
A second Trump presidency would be good for Bitcoin, a Standard Chartered Bank analyst says. A Harris win would be just OK for crypto.
The 12 U.S. spot bitcoin exchange-traded funds (ETFs) enjoyed a $192.31 million boost on Wednesday, bouncing back from a rough Tuesday. Even the nine ether funds joined in the fun, seeing some modest gains during the day's trading. U.S. Crypto ETFs Bounce Back On Oct. 23, 2024, U.S. spot bitcoin ETFs saw inflows of $192.
An ancient Bitcoin whale tracked by Arkham has slowly been selling their holdings after not touching the stash for 10 years.
Standard Chartered believes Bitcoin will reclaim the $73,000 price level on Election Day, Nov. 5 and According to the report Bitcoin—Post-US Election Playbook, authored by the lender's head of digital assets research, Geoffrey Kendrick, the flagship crypto could see significant price movement before and after the upcoming US presidential election.
The cryptocurrency market is seeing mixed signals as Ethereum (ETH) struggles to maintain its upward momentum, while Dogecoin (DOGE) and Shiba Inu (SHIB) experience notable price fluctuations. After a recent spike, the market is now calming down, leaving investors to wonder what lies ahead.
Bitcoin Cash and Uniswap led CoinDesk 20 gains, each rising more than 5%.
Tesla transferred $773M in Bitcoin before Q3 results, igniting speculation over potential sales.
Binance, the world's leading cryptocurrency exchange, is expanding its trading offerings to include a new Ethereum (ETH) layer-2 altcoin. According to the exchange, Scroll (SCR) is now available for spot trading using the pairs of SCR/BTC, SCR/USDT, SCR/FDUSD and SCR/TRY.