Tag Archives: bitcoin price

Earn Your First Bitcoin Sign up and get $12 Bonus Referral bonus up to $3,000 Sign up Bitcoin has appeared to be on something of a roll over the past three months, but according to many analysts, the problem of volatility is not quite over. In fact, 2023 could be prone to some rather unexpected volatility trends that may lead to a short squeeze, thus causing value losses for the BTC network....

Earn Your First Bitcoin Sign up and get $12 Bonus Referral bonus up to $3,000 Sign up Dieter Wermuth – a noted economist and partner at Wermuth Asset Management – explained in a recent note that he thinks the overall economy would be better without bitcoin, and that people should try to forget about the currency for a little while. Dieter Wermuth on Why Bitcoin is Pointless Bitcoin has been...

Earn Your First Bitcoin Sign up and get $12 Bonus Referral bonus up to $3,000 Sign up Nikolaos Panigirtzoglou – a global market strategist with JPMorgan, one of the biggest finance giants in the world – recently gave his thoughts on why bitcoin and several other digital currencies are up so high since the beginning of the year. Nikolaos Panigirtzoglou Discusses His Thoughts on BTC He commented...

CryptoQuant’s Business Development executive Benjamin Brannan exposited on the Bitcoin’s ‘favorable’ price optics in 2023.  Crypto trading data analyzer CryptoQuant recently weighed in on Bitcoin’s (BTC) price potential and appeal in 2023. In a media session, representatives from the crypto trading analyzer opined that more institutions could shore up on BTC later this year. The decentralized data provider’s reps also forecasted the prominent token returning to its previous record high by...

Earn Your First Bitcoin Sign up and get $12 Bonus Referral bonus up to $3,000 Sign up Bitcoin has soared following the bank crisis that occurred earlier in the year, but many analysts – despite clear evidence that the world’s number one digital currency has risen exponentially – don’t think the asset is moving in the right direction or think it’s doing as well as so many of their peers believe....

Earn Your First Bitcoin Sign up and get $12 Bonus Referral bonus up to $3,000 Sign up For bitcoin, 2023 has been a year of vast turnaround. A report was issued in late March showing that the world’s number one digital currency enjoyed three straight months of solid gains, and the asset doesn’t appear to be showing serious signs of slowing down. Bitcoin Has Had a Great Year Thus Far This is a...

Amid the unfolding banking crisis and interest rate hikes, Bitcoin has been showing strong resilience attempting another breakout above $30,000. On Wednesday, May 3, the US Federal Reserve announced another 25 basis points rate hike taking the US funds rate to more than 5% for the first time since 2007. In hours after the Fed announced the rate hike, Bitcoin (BTC) made a quick surge of more than 2% taking the price above $29,000. This Bitcoin price surge amid the recovery in the broader...

The US Commerce Department’s recent shows that economic growth and GDP have slowed even as Bitcoin struggles to regain $30,000. The price of Bitcoin (BTC) has remained relatively stagnant for about a week as the US gross domestic product (GDP) is slowing. Currently trading at $28,870 according to CoinMarketCap data, BTC has been unable to hit $30,000, last seen briefly on the 19th of April, and not seen in the first quarter of the year. This trend follows the GDP’s slowing in the same...

Arkham Intelligence issued a clarification that a bug caused to send the alerts regarding Mt. Gox and Us government selling Bitcoin. The BTC price recovered fast after the clarification. Over the last 48 hours, the Bitcoin price witnessed massive volatility sending jitters across the entire investor community. Earlier this week on Tuesday, the Bitcoin price shot up all the way to $30,000 following the news of a crisis-like situation at the First Republic Bank. But during Wednesday’s...

Chamath Palihapitiya blamed the US regulators for their heavy crackdown recently on the US crypto industry and all associated players. In the latest regulatory developments taking place in the United States, popular tech investor Chamath Palihapitiya shared a very cautious move about crypto assets. Over the last few years, Palihapitiya has been sharing bullish views about Bitcoin stating that it has replaced gold and that the BTC price would shoot to $200,000. Chamath Palihapitiya and His...