The following guest post comes from Bitcoinminingstock.io, the one-stop hub for all things bitcoin mining stocks, educational tools, and industry insights. Originally published on Sept. 3, 2024, it was penned by Bitcoinminingstock.io author Cindy Feng.
A closely followed crypto strategist and trader believes that steep rallies are now in sight for Bitcoin (BTC). Pseudonymous analyst Inmortal tells his 216,500 followers on the social media platform X that Bitcoin appears to be mirroring its 2023 price action.
Here is how some of your favorite assets concluded the week.
Michael Saylor, one of the most influential figures within the Bitcoin community, has pitched a "Bitcoin collection" to Portuguese footballer Cristiano Ronaldo.
Bitcoin (BTC) has experienced a steady decline in recent sessions, but technical indicators are sending mixed messages, hinting at a possible market shift on the horizon. Despite the bearish price trend, oscillators are providing a mix of neutral, buy, and sell signals, reflecting indecision among traders.
A cryptocurrency trader has raised alarm regarding Bitcoin's (BTC) recent price fluctuations, suggesting that these sharp movements may be driven by market manipulation rather than genuine market fundamentals.
A crypto hedge fund predicted ETH could remain muted in 2024 but could see relief in 2025.
Three recent academic papers explore how to price cryptocurrencies when—unlike companies—they don't have balance sheets.
The majority of the coins are back in the red zone, according to CoinStats.
Artificial Intelligence (AI) witnessed a massive adoption in 2024, with its utility rapidly expanding to every sector. The emerging technology found its way into cryptocurrency, offering investors an innovative blend of AI-powered solutions and blockchain's decentralized infrastructure.
Craig Wright, the self-proclaimed Satoshi Nakamoto, is intensifying his legal battle against the Bitcoin ecosystem. Despite a crushing defeat in British courts, Wright is launching a new showdown against the developers of Bitcoin Core, demanding an astronomical sum exceeding one trillion for the alleged unauthorized use of the $BTC ticker.
Despite Bitcoin's price correction 287 days after its most recent halving event, on-chain metrics suggest fundamentals remain strong. Analyst TheLordofEntry has shared insights into key indicators that show a rise in continued demand and strong holder behavior.
"If you want to win, you need a Bitcoin strategy" — that's how Michael Saylor, the CEO of MicroStrategy and one of the main players in the crypto market, titled his new post on X.
Despite increased price volatility in the crypto market, the SUI price has outperformed the top crypto projects by successfully achieving a new All-time High (ATH) during the early Asian trading hours. Notably, it has recorded a high of $2.28 with a trading volume of $1.18 billion.
Cathie Wood isn't one to shy away from controversial predictions like this Bitcoin target.
Bitcoin staking is revolutionizing Decentralized Finance and is offering better returns to all investors. That is why PumpBTC has positioned itself as one of the main platforms for staking BTC.
Currently, Bitcoin is displaying a bullish divergence as it approaches a significant resistance level. This movement is crucial for confirming a double bottom pattern, which many analysts believe could signal a potential upward trend.
If Bitcoin falters, PEPE could capitalize on another memecoin surge, potentially reaching new highs.
The global crypto market staged a recovery last week, posting a 2.79% increase and closing with a market capitalization of $2.21 trillion. This surge added $60 billion to the market's overall valuation.
According to the latest on-chain data, demand for Bitcoin, the world's largest cryptocurrency, has been picking up pace over the last few days.
To put this in perspective, consider the chart of the logarithm of Bitcoin's price, and let's forecast it forward.
With the market correction still felt by most of the altcoin market, Aptos rose through the ranks clutching a win for investors and traders. APT bulls pulled through, with the latest market data marking an 18% uptick in value since last week, a sign that the token might continue to push through the bearish onslaught plaguing the broader market.
According to data from SoSoValue, the US-based spot Bitcoin ETFs have recorded over $300 million in net inflows over the past week, representing a return to the market's positive trajectory after a bearish first week in Q4 2024. Meanwhile, the Spot Ethereum ETFs still retain a negative performance despite a reduction in net outflows.
A Newport-based IT engineer, James Howells, is suing the Newport City Council for £495 million (around $647 million) after inadvertently discarding a hard drive containing 8,000 Bitcoin during a home cleanout in 2013.
Here's the risky aspect of short-term BTC breakout prospects
The chief executive of market intelligence firm CryptoQuant says that Bitcoin (BTC) is nearing the longest sideways consolidation period ever during one of its halving years.
As Bitcoin (BTC) navigates an unusually calm ‘Uptober,' a trading expert believes a review of technical indicators and the asset's past performance suggests a new record might be in the offing.
Mt. Gox's expected Bitcoin repayment has been delayed. When will this decision take effect, and how could it affect the crypto market and Bitcoin price?
BlackRock's Larry Fink has outlined his plan for bitcoin, ethereum and crypto
According to CryptoQuant CEO Ki Young Ju, Bitcoin's Google search volume has now hit another yearly low.
Aptos, a layer 1 blockchain platform, saw its native token record an impressive rally, gaining strong focus from short-term traders. Aptos (APT) surged 20% in the past 24 hours and is trading at $10.24 at last check Sunday.
David Schwartz, chief technology officer at Ripple, recently took aim at self-proclaimed Satoshi Craig Wright, arguing that the need to address the Bitcoin creator's statements on the purpose of the original cryptocurrency is "delusionary nonsense."
SUI, the cryptocurrency that has recently captured attention for its impressive performance, is now showing signs of fatigue after a remarkable 98% gain. With buying activity dwindling, analysts are speculating whether a decline could be on the horizon, potentially leading SUI to test crucial support at $1.70.
You are not alone if you are disappointed that you did not invest in Bitcoin (BTC) when it first launched
The Bitcoin price has been relatively quiet in October, but things seem to be looking up after the premier cryptocurrency broke the $63,000 mark on Saturday, October 12. However, the crypto has to scale a major resistance level if the current bull run is to get back on track.
Bitcoin is currently holding above the $62,000 mark following a 5% surge from lower demand in the past few days. While the market grapples with uncertainty, recent data from Coinglass indicates that Bitcoin's volatility has significantly decreased during this period of sideways trading.
Bitcoin has come a long way in 15 years, but it might just be getting started.
Bitcoin's price remains calm at around $63K but some altcoins are charting massive gains.
MicroStrategy co-founder Michael Saylor has jokingly stated that the only thing that is better than Bitcoin is actually more Bitcoin.
Seasoned trader Peter Brandt is warning that Bitcoin (BTC) has historically witnessed a massive meltdown after failing to print new record highs for a certain amount of time.
Concerns about bitcoin's price staying in the optimism zone are high, mainly as the U.S. government could soon sell $4.3 billion worth of BTC.
The Bitcoin bull cycle is still ongoing and the crypto queen is expected to experience a sustainable explosion in 2025!
Sui (SUI) has been one of the most popular crypto assets of 2024, with notably high market gains and drastic price losses over the year. The altcoin is currently moving sideways following a recent price rally in the last week.
Bitcoin recently experienced a significant price drop, reaching a three-week low of $58,900 amid a market sell-off influenced by whale activity. Despite this decline, many traders are viewing the situation as a potential buying opportunity, signaling a shift in market sentiment.
According to the latest on-chain data, liquidity in the cryptocurrency markets has reached an all-time high. Here's the implication of the rising liquidity on the price of Bitcoin and its future trajectory.
The cryptocurrency market continues to be a mixed bag of uncertainty and opportunity as Bitcoin (BTC) battles to maintain its footing. In contrast, Solana (SOL) is testing a vital support level, leaving investors wondering about the future of these digital assets.
Bitcoin [BTC] has entered a critical psychological level, a zone that historically determines the market's next big move. With investors watching closely, Bitcoin's current price range is creating speculation about whether a rally is imminent or if a dip below $60,000 will trigger further declines.