Bitcoin’s run-up was halted at around $39,000 after the Federal Reserve announced it will increase the interest rates in March this year. The altcoins, which were also heading north, dropped …
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$100 million liquidated in 1 hour: Bitcoin (BTC) plummeted below $33,000
The price of the primary cryptocurrency dumped again, this time from around $35,000 to below $33,000. Dropping to its new six-month low caused a lot more pain for over-leveraged traders. …
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Bloomberg analysis: Bitcoin (BTC) is surging largely due to inflation fears
Bloomberg recently found that investors are protecting themselves from fears of rising inflation by using Bitcoin. In a tweet, the company even called it “the best inflation hedge around” depending …
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Bitcoin’s price continues to consolidate above $60,000. Bulls eye this target on breakout
Bitcoin’s price continues its near-term pullback consolidation, but $60K is holing up nicely, which is a positive signal. If this level fails, we could see downside momentum towards $58.3K to …
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Bitcoin reclaims critical level following a strong weekly close. Here are next targets
September was a volatile month full of liquidation events, FUD, global risk-off, uncertainty over monetary policy, and a rising dollar. Yet, Bitcoin managed to hold the larger technical structure at …
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Canada gets its first Bitcoin (BTC) and Ethereum (ETH) multi-crypto ETF
EvolveETF – a Canadian ETF provider – has just launched Canada’s first multi-cryptocurrency exchange-traded fund. The product is backed by the two largest cryptocurrencies by market cap: Bitcoin and Ethereum. …
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Bitcoin’s (BTC) current bull run to peak at $100,000 by the end of the year
Kevin Wadsworth – co-founder of the technical analysis company Northstar & Badcharts – opined that the current cryptocurrency bull market would “conclude before the end of the year” and bitcoin …
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Adam Back and stock-to-flow model anticipate Bitcoin to reach $100K by the end of 2021
The British cryptographer Adam Back expects bitcoin to reach a price of $100,000 by the end of the year. Comparing the primary cryptocurrency to gold, he praised the former as …
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65% of crypto hedge funds expect Bitcoin to trade between $50K and $100K by December 2021
As Bitcoin embarks on a new rally, several crypto players project the asset will hit new record levels by the end of the year. Data provided by cryptocurrency trading simulator Crypto Parrot notes that 65% …
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Bitcoin (BTC) is just $3K away from trillion dollar market cap
In its week on-chain report this week, analytics provider Glassnode has delved into the spending habits of holders and investors. It stated that the week had seen some minor profit …
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