Bitcoin (BTC)

Analysts explain why Bitcoin price can continue to rally with the next immediate target in sight being $40,000. The number of blockchain addresses holding at least $1,000 worth of Bitcoin (BTC), equivalent to 0.028 BTC at the current price of $35,115, has reached an all-time high of 8 million, as reported by data from Blockware Solutions and Glassnode. According to Blockware, this figure could continue to surge as Bitcoin advances in monetization, a favorable long-term trend for the...

With the US SEC edging closer to potentially approving a Bitcoin ETF, experts and industry leaders are offering their predictions on the potential impact of this milestone on the crypto market. In a recent interview on CNBC’s ‘The Exchange’, Tim Buckley, Chairman and CEO at Vanguard Group, the world’s second-largest asset manager, stated that the company has no plans to pursue a Bitcoin (BTC) spot Exchange Traded Fund (ETF). Vanguard to Focus on Core Values Buckley’s firm stance on this...

Stellar lumen price is rising toward the $0.15 resistance zone against the US Dollar. XLM price is now trading above $0.125 and the 55 simple moving average (4 hours). There is a key bullish trend line forming with support near $0.1235 on the 4-hour chart (data feed via Kraken). The pair could extend its increase if it clears the $0.1300 and $0.1320 resistance levels. Stellar lumen price is trading above $0.1250 against the US Dollar, like Bitcoin. XLM price must...

XRP price is gaining pace above the $0.65 support against the US dollar. The price is now trading above $0.65 and the 55 simple moving average (4 hours). There is a key bullish trend line forming with support near $0.638 on the 4-hour chart of the XRP/USD pair (data source from Kraken). The pair could extend its increase above the $0.70 resistance zone. XRP price is rising above $0.65 against the US Dollar, like Bitcoin. The price must stay above $0.625 to...

TL;DR Michael Saylor predicts Bitcoin could potentially 10x in value, bolstered by the 2024 halving event and a reduction in BTC selling pressure from miners. Saylor emphasizes the potential of a Bitcoin spot ETF to attract institutional investors, which could significantly drive up Bitcoin’s price. He advocates for a mature and stable crypto industry, citing the need for a shift away from speculative tokens towards Bitcoin, especially after Sam Bankman-Fried’s conviction for...

TL;DR CryptoCon predicts Bitcoin could reach $47k by December 2023 or January 2024, based on the Fibonacci MVRV chart analysis, a tool that compares market capitalization to realized capitalization to identify potential overbought or oversold conditions. The analyst’s previous predictions have been accurate, such as the rise of Bitcoin from around $29k and projecting a pause at $36k; he now sees the bullish trend continuing into 2024, following patterns observed in 2020....

German asset management powerhouse DWS Group, with a staggering $900 billion in assets under management, is poised to make a significant foray into cryptocurrencies. The firm is gearing up to introduce exchange-traded funds (ETFs) dedicated to digital assets for retail investors, signaling a pivotal moment in the convergence of traditional finance and the burgeoning crypto space. DWS Group Contemplates Crypto DWS Group is set to join the ranks of major financial institutions...

Technical Analysis By TradingRage Ripple has been demonstrating bullish price action against both USDT and BTC recently. Investors are once again looking optimistic about the short-term future. Yet, some signs suggest that a pullback or consolidation might be on the horizon. The USDT Paired Chart Against USDT, the price has been on a consistent rise since a rebound from the $0.5 level earlier in October. The 50-day and 200-day moving averages were also broken to the upside,...

Réalisation : Guillaume Goualard pour Grand Angle Crypto

Bitcoin’s price managed to climb above the coveted $35,000 level, which seems to be the major target for the bulls throughout the past few days. Meanwhile, some of the altcoins are popping and charting massive gains. Bitcoin Reclaims $35K Bitcoin’s price is pushing above $35,000 in an attempt to reclaim this level once again. At the time of this writing, the cryptocurrency is trading at around $35,100, charting an increase of around 0.8% throughout the past 24 hours. Source:...