CryptoQuant CEO Ki Young Ju has made a shocking prediction regarding the price of Bitcoin for the end of 2024. With Bitcoin finally hitting a new all-time high of $77,252.75, the market is expecting further upsides.
This Op-Ed explores if there is a way out of the centralization cycle for wrapped Bitcoin. TLDR: The Greeks wrote about Sisyphus, eternally pushing his boulder uphill, only for it to roll back down. In crypto, we keep pushing Bitcoin toward decentralization, only to watch wrapped versions roll back into centralized hands.
The launch of the spot Bitcoin ETFs (exchange-traded funds) in January 2024 marked a perfect start to the year for the cryptocurrency industry. These crypto investment products were expected to walk the extra mile for the premier cryptocurrency, drawing in more investors into the digital assets space.
Bitcoin, the world's largest digital asset, recorded significant market gains in the past week to resume an uptrend that began in early October. Data from CoinMarketCap shows that Bitcoin rose by 10.58% in the past week as pro-crypto candidate Donald Trump emerged as US President-elect on November 5, followed by a 25 bps rate cut by the US Federal Reserve.
A US federal judge has sentenced Roman Sterlingov, the founder of Bitcoin Fog, to 12.5 years in prison for money laundering linked to darknet markets, the Department of Justice announced.
Bitcoin (BTC) is showing signs of a significant upward trajectory as it climbs to new all-time highs, spurred by renewed optimism following the U.S. presidential election. With Donald Trump winning a second term, the crypto market is buzzing with predictions of Bitcoin reaching as high as $85,000.
Bitcoin shorts have intensified their expectations of a bearish retracement, but this outcome could make way for something interesting.
Bitcoin (BTC) cracked $77,000 and set another new all-time high on Friday, one day after the U.S. Federal Reserve opted to lower interest rates again. The Federal Open Market Committee (FOMC) voted this week to lower the Fed's policy interest rate by one-fourth of a percentage point, following September's 50 basis-point cut.
Cryptocurrency trader and expert Michaël van de Poppe has projected that Bitcoin (CRYPTO: BTC) could potentially hit the $80,000 mark this month, following a possible retest at the $71,679 level. What Happened: Van de Poppe made his forecast on social media platform X.
Block is looking to channel funds toward Bitcoin mining initiatives and Bitkey wallet growth.
Peter Brandt, a veteran trader with decades of experience in the financial markets, is bullish on Bitcoin's future. In a recent post to his 746,100 followers on the social media platform X (formerly Twitter), Brandt expressed his optimism, suggesting that Bitcoin (BTC) is now in the “sweet spot” of its bull market halving cycle.
The price of Bitcoin has turned in an impressive performance, forging successive all-time highs over the past week. Similarly, other large-cap assets, such as Ethereum, Solana, and Cardano, have been experiencing massive upside movement in the past few days.
With Bitcoin climbing higher and achieving bigger milestones triggered by a Trump win in the US Presidential elections, more and more traders expect the rally to continue and expand to the next year. Bitcoin also finally set its new all-time high and is currently trading around $75,995.
Robert Kiyosaki's goal is to own 100 Bitcoin by 2025. He currently has 73 and keeps buying more and he has made a tweet claiming he is not waiting for prices to drop like “a poor person” who waits for things to get cheaper.
The Chicago Mercantile Exchange (CME), one of the world's largest and most influential financial exchanges, has reached a historic milestone with a record-breaking $13.15 billion in Bitcoin futures trading volume. This surge, marked by Bitcoin futures priced at $76,141, underscores the increasing institutional demand for Bitcoin exposure in the financial markets, particularly in the wake of Donald Trump's re-election.
Popular crypto analyst PlanB in a latest YouTube video has revealed that Bitcoin (BTC) looks all set for a series of big rallies. He noted that his stock-to-flow (S2F) model implies that Bitcoin could exceed $250,000 in the coming years.
The Global Head of Research for Bitwise Asset Management, Matt Hougan, is confident that Bitcoin's price will surpass $100,000. In an interview with Yahoo Finance, he said that regulatory concerns will not hinder the price of BTC from recording new ATHs.
Renowned crypto analyst and creator of the stock-to-flow model has issued an extraordinarily rosy prediction regarding Bitcoin's future price prospects, estimating that the alpha crypto is poised to balloon to $500,000 heights within the next four-year cycle based on the model's historical pattern.
Data shows the Bitcoin Open Interest to Market Cap Ratio has surged alongside the latest run in the asset's price to the new all-time high (ATH).
The cryptocurrency market is gearing up for a major event today as $3.7 billion worth of Bitcoin options contracts are set to expire. This massive expiry, involving about 48,700 Bitcoin options contracts, has traders and investors on edge, as it could trigger price fluctuations in Bitcoin, Ethereum, and other altcoins.
Bitcoin (BTC) is currently consolidating in a low time frame (HTF) after peaking at $77,230 on Friday night. Now, the same analyst who predicted this price target for the weekend warns of a potential long squeeze for Bitcoin.
Since Donald Trump won the US presidential election, the market has been overcome with bullish sentiment. Bitcoin (BTC) set a new all-time high just days after the crypto-pro Trump secured victory over Kamala Harris.
This week in crypto, BeInCrypto unpacks everything from Donald Trump's historic election, its impacts on Bitcoin and SEC Chair Gary Gensler, to new XRP ETF applications amidst institutional support, and a major new upgrade for Cardano.
Even after breaking through $77,000 for the first time, bitcoin's price looks very likely to keep soaring, CoinDesk senior analyst James Van Straten argues.
Rich Dad Poor Dad author Robert Kiyosaki plans to increase his Bitcoin holdings “regardless of price.”
As of Friday's latest data, spot bitcoin and ether ETFs once again recorded positive inflows, capping off a groundbreaking week in the market. $293M in Bitcoin, $85M in Ether Inflows on Friday In the U.S., spot bitcoin ETFs pulled in $293.47 million in inflows on Friday alone.
On Thursday, Detroit announced plans to become the largest city in the United States to accept Bitcoin and other cryptocurrencies for tax payments. According to local media reports, residents will be able to make payments through a platform managed by PayPal from mid-2025 as the city looks to modernize its payment systems.
Following the recent crypto market surge, the non-fungible token (NFT) sales volume has surged by 16.3% to $96.1 million. The overall crypto market has been showing strong positive momentum recently.
XRP has faced significant resistance at the $0.55 level over the past six weeks, despite intermittent rallies attempting to push through this barrier. The cryptocurrency has been unable to close above this key resistance point, even as broader market conditions, including Bitcoin's recent all-time highs, have provided a favorable environment for many assets in the crypto market.
The cryptocurrency market witnessed a major event on November, when Bitcoin (BTC) surged past the $76,000 mark, setting a new all-time high. This impressive rally coincided with significant inflows into U.S.-based spot Bitcoin exchange-traded funds (ETFs).
As Solana continues to make significant strides in the crypto scene, SOL is elbowing notable rivals in various spheres.
Bitcoin has recently seen a remarkable uptrend, with the cryptocurrency reaching new all-time highs almost daily this week. Unlike previous peaks, this rally appears more sustainable, driven by robust market fundamentals.
MicroStrategy's (NASDAQ: MSTR) decision to incorporate Bitcoin (BTC) into its balance sheet was considered a bold move by Wall Street companies.
Spot Bitcoin exchange-traded funds launched less than a year ago and have already been dubbed the most successful ETF launches in history. BlackRock's Bitcoin ETF, the iShares Bitcoin Trust (IBIT), just smashed another record.
Ethereum (ETH) recorded its largest three-day gain of 2024, as it surged 21% after Trump won the U.S. presidential elections. Despite institutions actively accumulating Bitcoin through spot Bitcoin ETFs, sentiment towards Ethereum has been mixed.
The Bitcoin price and the entire crypto market have been on a tear since the outcome of the United States elections was announced in the early hours of Wednesday, November 6. The premier cryptocurrency specifically has breached and printed new all-time high prices over the past few days.
Bitcoin's recent significant upward move to a new all-time high has triggered massive gains in the market as investors, both retail and institutional are currently seeing notable profits from their investments, further solidifying BTC's position as the leading digital asset in the entire crypto industry.
Bitcoin accumulating addresses added BTC worth billions in the last few days.
Analyst Benjamin Cowen recently shared his thoughts on the potential future of ETH and BTC, suggesting that while he doesn't expect a drastic price drop, there's still a chance for more downturns before things turn around.
Bitcoin's (BTC) bull run might be just entering its "seven inning," having two more growth stages ahead. This one might push the BTC price to $125,000 and unlock opportunities for aggressive trading on rocketing markets, seasoned investor Ari Paul says.
Solana (SOL) has reached the $200 price level for the first time in seven months, marking a key milestone in the cryptocurrency's journey. The surge comes on the heels of broader market optimism fueled by Donald Trump's election victory and the potential for pro-crypto policies under his administration.
Bitcoin broke through $76,000 following Trump's election victory, with PlanB's stock-to-flow model forecasting a $500,000 BTC price within four years.
As we approach the projected $16.85 billion market value in 2033, it's clear that bitcoin ATMs are more than just a passing trend.
BlackRock (NYSE: BLK)'s iShares Bitcoin ETF (NASDAQ: IBIT) had over $10 billion in trading volume in November's first week. This amount hints at renewed institutional and retail interest in Bitcoin (BTC) over gold investments from traditional finance players.
Buyers are more powerful than sellers at the beginning of the weekend, according to CoinMarketCap.
The cryptocurrency market is set for increased volatility today as nearly $4.6 billion worth of Bitcoin (BTC) and Ethereum (ETH) options contracts expire. This significant event follows closely behind major developments in the United States, including the outcome of the US elections and the Federal Open Market Committee (FOMC) meeting.
Michael Saylor, co-founder of the MicroStrategy giant and a vocal Bitcoin evangelist, has shared an extract from the recent appearance Tom Lee made on CNBC's Squawk Box show.
On-chain data shows the Bitcoin investors are now carrying 121% profits on average. Here's whether this has been enough for a top in the past.