Bitcoin

Bitcoin, as the leading cryptocurrency in the market, continues to face challenges in reaching the anticipated milestone of $100,000. Despite the introduction of spot Bitcoin Exchange-Traded Funds (ETFs), the price surge remains elusive. Charles Edwards from Capriole Investments highlighted the obstacles hindering Bitcoin’s growth, particularly the selling off of Bitcoin by long-term holders. This trend
The recent surge in Bitcoin’s price to $70,000 has once again piqued the interest of investors, sparking conversations about the future price outlook. Long-term holders have seen their investments move into the profit zone, fueling a sense of optimism in the market. The return of the Coinbase premium, a key indicator for US-based investors, has
The recent surge in US spot Bitcoin Exchange-Traded Funds (ETFs) has garnered significant attention, with 17 consecutive days of net additions being recorded. On a particularly remarkable Tuesday, these ETFs experienced inflows totaling $886.6 million, marking it as the second-highest single-day influx since their inception. Following this, another substantial day of inflows occurred, reaching $488.1
Bitcoin, the mysterious digital currency, has once again captured the attention of investors as the US banking system faces increasing turmoil. Proponents of Bitcoin argue that its finite supply and decentralized nature make it a stable asset in times of financial uncertainty. They believe that Bitcoin could serve as a safe haven for investors looking
The cryptocurrency market is brimming with anticipation as experts project an upcoming bull run. Among those voicing their predictions is Crypto Emily, an analyst who has shared her insights on the potential prices of six major cryptocurrencies. Starting with Bitcoin, Crypto Emily boldly asserts that the leading cryptocurrency could surge to an impressive $100,000. This
Venture capitalist and billionaire investor, Chamath Palihapitiya, has made an ambitious prediction regarding the future price of Bitcoin. He believes that Bitcoin could potentially increase in value to an unprecedented $500,000. This forecast is based on Bitcoin’s fourth halving cycle, which took place on April 20, 2024. Analysis of Historical Halving Cycles Palihapitiya’s prediction is