The Bitcoin price has seen a massive downside this week going into the FOMC meeting on Wednesday. The digital asset’s price saw a sharp 8% drawdown, which sent its price below $57,000, its lowest point in two months. While this came as a surprise to many, one crypto analyst in particular was able to pinpoint […]
The direction of where the Bitcoin price could be headed next has been a bone of contention among industry players. Numerous forecasts have been made for the pioneer cryptocurrency, but one crypto analyst maintains that Bitcoin continues to be bullish even through its current choppy movements. Crypto Analyst Predicts Further Upside For Bitcoin Crypto analyst […]
Crypto analyst Bluntz Capital has predicted a strong price surge for Bitcoin in the coming days, and a new all-time high could be in the books. Bluntz dropped his two cents on Bitcoin’s trajectory on the social media platform X, amidst various price outlooks for the cryptocurrency in recent days. Bluntz is well known for […]
Kadan Stadelmann, the Chief Technology Officer (CTO) of Komodo, an open-source technology workshop, has raised concerns about the increasing centralization of the world’s largest cryptocurrency, Bitcoin. Stadelmann asserts that the rising centralization poses a threat to the fundamental principle of BTC as a decentralized digital currency. Centralization Poses Existential Threat To Bitcoin According to Stadelmann, a […]
On Monday, the Hong Kong Securities and Futures Commission (SFC) announced that it had approved a number of Spot Bitcoin and Ethereum ETFs for trading. This decision has been a long time in the making and has been expected by all in the crypto community. As expected, the announcement turned out to be bullish for […]
Grayscale’s Chief Executive Officer (CEO) Michael Sonnenshein recently revealed when his company will reduce fund fees for the Grayscale Bitcoin Trust (GBTC). His statement comes amid concerns about outflows from the fund, which have continued to overwhelm the Bitcoin ecosystem. GBTC Fees Will Drop When This Happens According to a Cointelegraph report, Sonnenshein mentioned during […]
Despite already possessing more Bitcoin than over half the crypto community, numerous BTC whales continue to rapidly acquire the cryptocurrency. Thus, taking advantage of any slight dips in its price as buying opportunities to purchase and HODL the pioneer cryptocurrency. Whale Appetite For Bitcoin Continues To Grow Usually, it might appear that investors with minimal […]
Bitcoin (BTC) is back below $70,000 after momentarily rising above this psychological price range on April 7. This price action suggests that the bears are still in control, which could remain the case throughout this week. As the tug of war continues, here are some key events to watch out for. Is The Pre-Halving Retrace […]
Robert Kiyosaki, the author renowned for his best-selling book “Rich Dad Poor Dad” has identified Bitcoin as a real-world asset, urging investors and the broader crypto community to shift their focus from stock investments and prioritize accumulating Bitcoin. Buy More Bitcoin Before It’s Too Late In a recent X (formerly Twitter) post, Kiyosaki advised investors […]
Bitcoin (BTC), the largest cryptocurrency in the market, has experienced an extraordinary surge in bullish momentum, breaking previous cycle patterns and achieving an astonishing 60% price increase in the past month. Today, Bitcoin has breached its previous record, reaching a new all-time high (ATH) and currently trading at $69,200. BTC reaching new all-time high of […]
MicroStrategy, the intelligence and software company known for its investment in Bitcoin, has released plans to double down on its holdings of the digital currency. Particularly, the company announced a private offering of $600 million worth of convertible senior notes due 2030 in order to stock up more Bitcoin. On the other hand, Bitcoin’s price […]
Bitcoin isn’t showing signs of slowing down anytime soon as the flagship crypto token rose above $57,000 on February 27, the first time since 2021. This price surge is likely due to several recent developments that undoubtedly provide a bullish narrative for BTC. Demand For Bitcoin Is Skyrocketing Bloomberg analyst Eric Balchunas revealed in an […]