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Bitcoin (BTC)

Bitcoin to Hit $160K in 2024 after Halving, Spot ETF Approval, Fed Interest Rate Cuts: CryptoQuant

CryptoQuant says factors like the halving, ETF, approval, and rate cuts, could push Bitcoin to $160K next year. Analysts are bullish on the potential of Bitcoin (BTC) for next year, indicating several factors that could pump the price to $160,000. According to a blockchain analytics firm CryptoQuant report, Bitcoin may already be on its way to more than double its current all-time high (ATH). Multi-Factorial Push for Bitcoin, According to CryptoQuant CryptoQuant highlighted several...

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Bitcoin Spot ETF Is Biggest Development on Wall Street in Last 30 Years, Michael Saylor Says

By removing barriers that have discouraged participation, Saylor predicts that Bitcoin spot ETFs will lead to a surge in demand as previously untapped capital flows into the limited cryptocurrency market. According to MicroStrategy Chairman Michael Saylor, the upcoming Wall Street launch of Bitcoin (BTC) spot exchange-traded funds (ETFs) is a significant event. Saylor recently stated on Bloomberg that he believes these new funds could be the most significant development in the investment...

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Solana Can Outperform XRP to Take Top 5 by Market Cap

The sixth largest cryptocurrency Solana (SOL) has all chances to enter the Top 5. Solana (SOL) is threatening to replace XRP among the world’s top five leading cryptocurrencies by market capitalization, driven by an increased surge of activities within the Solana ecosystem. According to CoinMarketCap data, currently ranked as the sixth-largest token in the industry, SOL has the potential to surpass XRP’s market cap.  At press time,  SOL is trading around $76.91, with a market...

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Coinbase Builds Runway for Mass Adoption of Crypto Assets and Web 3.0 Industry

With about 425 million owning crypto and more than 80 percent of G20 countries moving towards enabling digital assets, Coinbase is confident the industry will unlock economic freedom to billions of users. The cryptocurrency industry has continued to evolve with the market needs and the fast-changing global regulatory landscape. The trillion-dollar industry is preparing for mass adoption with about 425 million global investors owning various crypto assets. Moreover, more governments around...

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SOL Price Analysis: Solana Could Extend Rally Above $75

Solana price started a fresh increase from the $67.00 zone against the US Dollar. The price is now trading above $70.00 and the 55 simple moving average (4 hours). There was a break above a key bearish trend line with resistance near $74.00 on the 4-hour chart of the SOL/USD pair (data feed from Coinbase). The pair must clear $76.50 and $78.00 to continue higher in the near term. Solana price is trading above $72.00 against the US Dollar, like Bitcoin. SOL could...

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Bitcoin Price Analysis: BTC Could Rally If It Clears This Hurdle

Bitcoin price is attempting a fresh increase from the $40,500 zone against the US Dollar. The price is now trading above $42,000 and the 55 simple moving average (4 hours). There was a break above a key bearish trend line with resistance near $42,000 on the 4-hour chart of the BTC/USD pair (data feed from Coinbase). The pair could start a fresh increase if it clears the $43,500 resistance zone. Bitcoin price is rising from $40,500 against the US Dollar. BTC might...

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Crypto Executives Raise $78M to Back Industry-Friendly US Policymakers

A group of three super PACs backed by major cryptocurrency executives and investors has raised $78 million to influence the 2024 elections and support crypto-friendly candidates. A super PAC is a political action committee that pools campaign contributions from members and donates them to campaigns for or against candidates or legislation. Crypto has caused deep division within American politics, with one side wanting to restrict and ban it and the other wanting to encourage...

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Zcash Founder Renounces CEO Position

Zcash, a privacy coin built on Bitcoin tech and one of the more popular privacy-focused cryptocurrencies, will be welcoming Josh Swihart as the new CEO of its developer, the Electric Coin Company (ECC). Stepping Down For Self-Care In an article posted on Zooko’s personal Medium – which is separate from the one usually used to post Zcash-related content – the former CEO stated that the eight years at the helm of the ECC had led to a certain degree of conflation between himself...

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Bitcoin meetup à Plan-de-Campagne

Meetup organisé par @AixBitcoin21 près de Plan-de-Campagne entre Aix et Marseille. « Pour le dernier meetup du mois, nous nous retrouverons le 20 décembre au pub « O’bells » à Plan-de-Campagne. Au menu : Pythcoiner nous proposera une présentation ET un workshop autour du wallet Liana de Wizardsardine. Nous aborderons aussi la thématique de Noël, des cadeaux Bitcoin et de l’héritage désintermédié...

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BlackRock Bends The Knee To SEC In Latest Bitcoin ETF Filing

BlackRock has re-updated its Bitcoin (BTC) spot ETF filing with changes making key concessions to federal regulators on how shares in its fund will track the price of Bitcoin. Submitted on Monday, the asset manager’s latest S-1 form reveals that new shares in the trust can only be created using cash – a model experts deem less tax-efficient than redemptions “in kind” Bitcoin-based creations. BlackRock’s Cash Creation Model BlackRock’s change followed several updates from...

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