In the recent days, Bitcoin has shown remarkable performance in the market, surpassing the $50,000 mark for the first time since 2021. Despite some sideways movement, the cryptocurrency has managed to maintain its position above $51,000. However, a leading crypto analyst has raised concerns about a potential bearish trend in the near future. Prominent crypto
Bitcoin
The future of spot Bitcoin ETFs and their integration within diversified portfolios was a key topic discussed by industry experts at the Exchange ETF conference in Miami Beach. Matt Hougan, Chief Investment Officer at Bitwise Asset Management, and Ric Edelman, founder of the Digital Assets Council of Financial Professionals, engaged in a conversation with CNBC’s
The bitcoin bulls are making a strong comeback, pushing the world’s leading cryptocurrency to surge past the $52,000 mark. This rally comes after a brief dip below $50,000 triggered by hotter-than-expected US inflation data, but investors shrugged off the uncertainty, demonstrating their resilient confidence in the future of digital assets. This surge not only marks
Bitcoin, the undoubted leader of the cryptocurrency market, has once again captured the spotlight with its recent surge in price, surpassing the highly anticipated $50,000 milestone. This upward price movement, combined with the “extreme greed” reading on the Crypto Fear and Greed Index, suggests a market overflowing with optimism. However, such exuberance also raises concerns
In a recent statement, Tuur Demeester, a well-known Bitcoin OG and researcher for Adamant Research, expressed his optimistic outlook for the future of Bitcoin. Demeester predicts that the price of Bitcoin could potentially skyrocket to a range of $200,000 to $600,000 by the year 2026. His forecast is largely based on the massive influx of
After a tumultuous 2022, industry experts predict a remarkable resurgence for Bitcoin (BTC) in 2024. The main driving force behind this positive sentiment is the highly anticipated Bitcoin halving event, scheduled for April 2024. This event, which occurs every four years, reduces the block reward for miners by half, effectively diminishing the supply of new
Crypto analyst Adam Back has recently shared his optimistic prediction that Bitcoin (BTC) could potentially reach the $100,000 price mark before the eagerly awaited halving event in April. This projection comes as Bitcoin continues its recovery from a rather bearish January. In the past week alone, BTC’s price has gained 11.02%, moving into the $47,000
Bitcoin (BTC) has made significant gains in the past 24 hours, climbing by 4.04% to briefly exceed the $48,000 mark, according to data from CoinMarketCap. However, the cryptocurrency now lingers around the $47,100 mark, leaving investors and market experts speculative about its future trajectory. Notably, renowned analyst Ali Martinez predicts a major dip in Bitcoin’s
Bitcoin (BTC) has experienced a significant milestone as its price surged above $46,000 for the first time since its debut trade in January. This bullish move comes after a challenging start to 2024, where Bitcoin faced a decline despite the introduction of several exchange-traded funds (ETFs) aimed at strengthening its institutional legitimacy. In this article,
Bitcoin (BTC) has recently experienced a surge in price, riding the wave of the current bull market and gaining fresh momentum. After weeks of sluggishness, the leading cryptocurrency asset has started to show promising gains. Crypto analysts are predicting even more potential gains for Bitcoin in the coming days. One cryptocurrency expert from Cheeky Crypto