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Bitcoin (BTC)

Mike Novogratz Foresees Bitcoin Price Rebound Through GBTC Alternatives

Chris J Terry, a crypto market analyst, has recently predicted that Bitcoin’s (BTC) price could either remain stagnant or decline until the $25 billion liquidation of GBTC is finalized. Mike Novogratz, the founder of Galaxy Digital, holds a different view. He argues that despite the anticipated GBTC sell-offs, most investors will shift their focus to alternative ETFs, leading to a rise in Bitcoin prices within six months. Analyst Warns of Bitcoin Price Dip BTCdata’s Chief...

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FTX Responsible For Nearly $1 Billion Of GBTC Outflows: Report

Defunct crypto exchange FTX may be behind a tsunami of outflows from the Grayscale Bitcoin Trust (GBTC) this month – and by extension, may have caused a significant downturn in Bitcoin (BTC)’s price. A recent report from CoinDesk suggested that the FTX bankruptcy has sold off close to $1 billion worth of GBTC since the fund transitioned into a Bitcoin spot ETF and was approved by federal regulators. Is FTX Suppressing Bitcoin? CoinDesk cited privately reviewed data alongside...

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Bitcoin Slides Under $40,000 Triggering $230 Million In Liquidations

Bitcoin (BTC) fell under $40,000 on Monday for the first time since early December as a wave of ETF outflows pushed the asset into deeper waters. Over the past 24 hours, over $236 million in trades have been liquidated, including $208 million worth of longs. Bitcoin trades for $39,504 at writing time – a price last seen for the asset on December 2 2023. According to Coinglass, Over 90,000 traders have been liquidated in the last 24 hours. The largest liquidation took place on...

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Bitfinex Whales’ Strategic Decisions Echo in Tether Reserves and Bitcoin Prices

Tether (USDT) reserve on Bitfinex has seen a significant increase owing to whales on the platform. According to CryptoQuant’s analysis, the whales on Bitfinex have opted to close their leveraged positions, leading to a substantial surge in the USDT reserve on the platform. This strategic move has garnered attention, shedding light on intriguing aspects of market behavior. Tether Reserves on Bitfinex Amid recent fluctuations in crypto prices, significant traders are choosing...

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BTC Dip to $40K Could Send Alts Falling by 20-30%; Can GFOX Provide a Safety Net from Volatility?

A market sell-off of Bitcoin (BTC) has pushed fear into the buoyant sentiment, deflating the mood. A BTC drop to $40,000 could see alts fall by 20-30%. Greyscale Bitcoin Trust sellers seem to be the main culprits. There is still plenty of sell pressure to be absorbed into the order books. The question is if up-and-coming projects like Galaxy Fox ($GFOX) can provide a safety net from the volatility. Bitcoin ($BTC): A Potential Drop To $40,000, Havoc For Altcoins A market-wide...

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Stellar Lumen (XLM) Price Could Accelerate Lower Below This Support

Stellar lumen price is moving lower from the $0.1260 resistance zone against the US Dollar. XLM price is now trading below $0.1180 and the 55 simple moving average (4 hours). There is a connecting bearish trend line forming with resistance near $0.1150 on the 4-hour chart (data feed via Kraken). The pair could extend its decline below the $0.1120 support zone in the near term. Stellar lumen price is trading below $0.1180 against the US Dollar, like Bitcoin. XLM...

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XRP Price Analysis: Bears Aim Key Downside Break At $0.50

XRP price started a fresh decline from the $0.600 resistance against the US dollar. The price is now trading below $0.565 and the 55 simple moving average (4 hours). There is a key bearish trend forming with resistance near the $0.5385 on the 4-hour chart of the XRP/USD pair (data source from Bittrex). The pair could extend losses if it breaks the $0.520 support zone. XRP price is struggling below $0.585 against the US Dollar, unlike Bitcoin. The price could...

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Bitcoin meetup à Plan-de-Campagne

Meetup organisé par @AixBitcoin21 près de Plan-de-Campagne entre Aix et Marseille. Où ? – Au Bureau, rue Baby Jourdan à Plan de Campagne Quand ? – Mercredi 24 janvier à partir de 19h30 En savoir plus : https://t.me/AixBitcoinMeetup – https://twitter.com/AixBitcoin21

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Morgan Stanley Warns ‘Paradigm Shift’ in Crypto Could Impact US Dollar Leadership

In a recent publication, Morgan Stanley’s Head of Digital Assets, Andrew Peel, has cautioned about a potential “paradigm shift” in the perception and use of digital assets, emphasizing its potential impact on the U.S. dollar’s global dominance. Peel highlights that the rising interest surrounding assets such as Bitcoin, the surge in stablecoin volumes, and the emergence of Central Bank Digital Currencies (CBDCs) pose a significant challenge to the traditional role of the...

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Un cours en français sur le protocole « Ordinals »

Ordinals est un nouveau protocole construit sur Bitcoin qui apporte de nouvelles opportunités, de nouveaux risques et de belles promesses. C’est un protocole Open-Source qui peut changer beaucoup de choses sur Bitcoin. Pour ce faire je propose ici une base de cours la plus complète possible. Je ne pense pas être capable de rédiger la totalité de ce cours tout seul et propose à tous ceux qui sont...

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