Bitcoin (BTC)

With the highly-anticipated Bitcoin halving just four months away, the world’s largest crypto asset is witnessing a strong rally driven by expectations of growing institutional demand. On December 1st, Bitcoin briefly surged past $38.8k, a threshold not observed since May 2022. Although it quickly dipped below $38.3k, Matrixport’s report presents a compelling case for Bitcoin’s ascent to $125,000 by the end of 2024, drawing on historical trends, halving events, and...

The cryptocurrency market increased throughout the past seven days, tapping over $1.5 trillion in terms of total capitalization. A lot of the gains are coming on the back of Bitcoin, which tested $39K for the first time in quite a while. With many analysts firmly bullish, let’s dive into what happened over the past week. Bitcoin’s bullish foothold continues, with traders setting their sights at $40K. The cryptocurrency was able to increase by a modest 1.4% throughout the past...

With the heightened crypto regulatory crackdown and the US SEC’s change of attitude towards the industry, Bloomberg analyst argues all 12 applications will be approved in early January. The Bitcoin (BTC) bullish narrative that began in October is expected to continue in the coming weeks after the flagship crypto asset opened December on a high note. During the early New York trading session on Friday, Bitcoin price reached a new yearly high of around $38.8k, thus rejuvenating the $40k...

The official Initial Coin Offering [ICO] for the Ethereum blockchain token “Mollars” launched on Monday, November 21st. The token price starts at $0.30 in the first phase. Mollars is a hybrid cryptocurrency that will be an alternative to Bitcoin as it’s a store of value tokens.  There will be a difference, however, as it’s starting a decade after BTC was first introduced to the world. What are Store of Value Tokens and Coins? Like Bitcoin, Mollars aims to be a store of value...

According to Matrixport, Bitcoin would rise close to its current all-time high by April, and hit $125K by end of 2024. Matrixport’s latest report predicts that the price of Bitcoin (BTC) will hit $125,000 by the end of 2024. The firm’s analysis hinges on a combination of historical data and market trends. These factors indicate the potential for a surge in price for the world’s leading cryptocurrency. Backed by insights into Bitcoin’s fifth bull market, Matrixport’s prediction adds to many...

Anticipated interest rate cuts by central banks in the coming months could attract capital to various markets, potentially leading to increased volatility in speculative sectors like cryptocurrencies, according to some market observers. With the Federal Reserve pausing its rate hiking cycle and other central banks globally following suit, there is speculation that we may have reached the peak of this tightening cycle. To sustain a significant boost in risk assets, a clear trajectory toward...

XRP ist die Kryptowährung des Zahlungsnetzwerks RippleNet, welches vom Unternehmen Ripple entwickelt wurde. Es gibt einige Experten, die einen Preis von Ripples XRP bei 11-12 US-Dollar prognostizieren. Wer also jetzt 1’000 Franken in XRP investiert, hat vielleicht bald das Zwanzigfache, also 20’000 Franken auf dem Konto, sollten diese Prognosen wahr werden. In Sache Bitcoin-Preis ist dies ebenfalls möglich, aber es braucht da einiges mehr. Denn in...

L’Africa Bitcoin Conference et la seconde édition des Dakar Bitcoin Days ont débuté aujourd’hui. Organisée par des Bitcoiners de toute l’Afrique, l’Africa Bitcoin Conference réunit à Accra au Ghana des acteurs du bitcoin de l’Afrique et d’ailleurs pour une série de conférences, de tables rondes, d’ateliers, de déjeuners, et de présentations autour de Bitcoin. Organisée par Yité Technologies, en...

Bitcoin cash is attempting a recovery wave above the $220 zone against the US Dollar. The price is now trading below the $225 zone and the 55 simple moving average (4 hours). There is a major bearish trend line forming with resistance near $223 on the 4-hour chart of the BCH/USD pair (data feed from Coinbase). The pair must clear $223 and $225 to start a steady upward movement in the near term. Bitcoin cash price is rising from $215 against the US Dollar, like...

The ProShares Bitcoin Strategy ETF (BITO) – the first bitcoin (BTC) ETF to launch in the United States – has topped a new record for assets under management (AUM) this week, now boasting nearly $1.5 billion in Bitcoin futures contracts. The record signals eagerness among institutions to gain exposure to BTC before approval of a widely expected bitcoin spot ETF by January. Bitcoin Funds Soak In Capital BITO logged its previous record of $1.44 billion on November 10, 2021 –...