Tag Archives: Bitcoin News

CoinspeakerCantor Fitzgerald: Bitcoin Miners to Struggle to Turn Profits Post-Halving The analysts at Cantor Fitzgerald expect two firms – Singapore-based Bitdeer and US-based CleanSpark – to remain profitable post-halving. Cantor Fitzgerald: Bitcoin Miners to Struggle to Turn Profits Post-Halving

CoinspeakerBitcoin Critic Peter Schiff Predicts $10 Million BTC Price If This Happens Schiff also criticized mainstream media coverage of Bitcoin ETFs, noting that many analysts expressing caution now did not offer such warnings before their launch. Bitcoin Critic Peter Schiff Predicts $10 Million BTC Price If This Happens

CoinspeakerCanaan Secures $50M in Preferred Shares Sale to Bolster Expansion Efforts Canaan disclosed in the SEC's Form 6-K filing that the new funding round would enhance its research and development capabilities, support innovation in its crypto mining rigs, and expand its production scale. Canaan Secures $50M in Preferred Shares Sale to Bolster Expansion Efforts

CoinspeakerMatrixport Predicts Bitcoin to Fall to $36,739 amidst ETF Profit-Taking Q1 has been predicted to be challenging for Bitcoin according to Matrixport, with the price expected to dip to around $36,000 and then recover. Matrixport Predicts Bitcoin to Fall to $36,739 amidst ETF Profit-Taking

CoinspeakerUS Government Plans to Sell $130M Worth of Bitcoins Seized from Silk Road The US government confiscated Bitcoin holdings associated with the Silk Road marketplace in two instances, first in Memphis, Tennessee, on February 10, 2021, and then in Arlington, Virginia, on May 11, 2021. US Government Plans to Sell $130M Worth of Bitcoins Seized from Silk Road

Bitcoin price started a fresh decline below the $42,000 level against the US Dollar. The price is now trading below $42,500 and the 55 simple moving average (4 hours). There are two bearish trend lines forming with resistance near $40,950 and $41,650 on the 4-hour chart of the BTC/USD pair (data feed from Coinbase). The pair could face heavy resistance near the $41,500 zone in the near term. Bitcoin price is declining below $42,000 against the US Dollar. BTC might...

Bitcoin price started a fresh decline below the $45,000 level against the US Dollar. The price is now trading below $44,500 and the 55 simple moving average (4 hours). There is a major bearish trend line forming with resistance near $44,400 on the 4-hour chart of the BTC/USD pair (data feed from Coinbase). The pair could extend its decline toward the $41,500 and $40,000 levels. Bitcoin price is declining below $45,000 against the US Dollar. BTC might extend losses...

Analysts anticipate that the outflows from Grayscale’s Bitcoin Trust (GBTC) ETF, coupled with investors shifting to lower-fee options, will exert downward pressure on Bitcoin price. Bitcoin (BTC) experienced a rocky weekend as it fell below $42,000 for the second time, failing to break above $43,100 amid subdued trading volumes. The excitement surrounding the approval and launch of spot Bitcoin Exchange-Traded Funds (ETFs) initially propelled the flagship crypto to a two-year high above...

Post the Bitcoin ETF approval, the Bitcoin halving in April 2024 will prove to be a major catalyst in driving the BTC price above $100,000 by the end of the year. In the aftermath of the US Securities and Exchange Commission’s groundbreaking approval of the first-ever US spot Bitcoin exchange-traded fund (ETF), cryptocurrency enthusiasts are optimistic about BTC price potential to surge beyond $100,000 this year. Investors in the crypto space believe that the approval of a Bitcoin ETF is...

Bitcoin price started a strong increase above the $45,000 zone against the US Dollar. The price is now trading above $45,200 and the 55 simple moving average (4 hours). There was a break above a key contracting triangle with resistance near $44,300 on the 4-hour chart of the BTC/USD pair (data feed from Coinbase). The pair could continue to rise if it stays above the $44,300 support zone. Bitcoin price is showing positive signs above $45,000 against the US Dollar....