Within the next 18 months, the world’s largest cryptocurrency may skyrocket to almost $200,000, according to Zach Bradford, the CEO of public bitcoin mining company CleanSpark. During an interview with Bernstein’s senior analyst Gautam Chhugani, Bradford highlighted upcoming price dynamics for the globe’s leading digital asset. “Based on my current analysis, I believe we could […]
Cryptocurrency
Bitcoin Crumbles to $60K, Giving Up Most Post-Fed Rate Cut Gains
Cryptocurrencies tumbled during the Tuesday U.S. session as headlines of escalating tension in the Middle East prompted investors to flee risk assets. Bitcoin (BTC), the largest digital asset by market cap, climbed to around $64,000 during European hours before quickly tumbling to $62,500 as Axios reported the White House as having indications Iran was prepping an imminent ballistic […]
Bitcoin Ends Historic September With a Dip, but Breakout May Not Come Before U.S. Election
Cryptocurrencies fell sharply on Monday with bitcoin (BTC) nearing the $63,000 level during the U.S. session, finishing on a sour note of what otherwise was a surprisingly stellar September for digital assets. BTC dipped 3.7% over the past 24 hours, while ether (ETH) and solana (SOL) held up relatively well with 2.8% and 1.9% declines, respectively. Several altcoin majors in the […]
Bitcoin drops to $63K, fails to rebound after Fed hints at future interest rate cuts
Bitcoin opened the week with a sell-off to $63,000, and the intra-day trend was not impacted by United States Federal Reserve Chair Jerome Powell’s statement that additional rate cuts were part of the Fed’s plan. Despite the correction, Bitcoin price remains on track to close Q3 with positive returns. On Sept. 30, Bitcoin fell from […]
Sui Bridge Launches on Mainnet, Connecting Ethereum and Sui
The Sui Foundation has introduced the Sui Bridge on mainnet, enabling secure asset transfers between the Ethereum and Sui networks. This bridge focuses on simplifying the movement of assets across chains, starting with ether (ETH) and wrapped ether (WETH). Sui Rolls Out Bridge for Asset Transfers Between Ethereum and Sui According to the foundation’s blog post, […]
US Bitcoin ETFs raked in $1.1B this week, most since mid-July
Spot Bitcoin exchange-traded funds (ETFs) based in the United States have raked in more than $1.1 billion since Sept. 23, the largest week of inflows since July 15–19. According to Farside Investors, it included $494.4 million on Sept. 27, the best-performing day since June 4. Spot Bitcoin ETFs saw inflows of $366 million on Sept. 26. BlackRock’s […]
Bitcoin monthly close, fresh bullish narratives lead BTC traders to aim for new price highs
Bitcoin price is on the verge of a notable trend change in its weekly and monthly timeframe chart. On both timeframes, a close above $65,000 sets a higher high and breaks the trend of lower highs which has defined BTC’s price action fo the past 6 months. BTC/USDT weekly chart. Source: TradingView Prior to this […]
Should You Buy Bitcoin While It’s Less Than $70,000?
This digital asset trades meaningfully below its peak price. In typical fashion, Bitcoin (BTC -1.62%) has been on a volatile journey in 2024. After soaring about 60% through the first three months of the year, it has traded in a relatively tight range since. As of Sept. 26, the world’s top digital asset sits 11% below its all-time high […]
How a Recent Announcement From One of Wall Street’s Biggest Names Could be a Complete Game Changer for Bitcoin
BlackRock’s recent endorsement of Bitcoin highlights the cryptocurrency’s potential to grow for years to come. Bitcoin‘s (BTC -0.35%) evolution over the past 15 years has been nothing short of extraordinary. If you had told someone when Bitcoin first launched in 2009 that the world’s largest asset manager would one day declare Bitcoin a portfolio necessity, they likely wouldn’t […]
Bitcoin poised for surge, analysts expect new all-time high
Bitcoin price has done modestly well this week as it soared to $66,000, rising to its highest level since July 31. Bitcoin moves into bull market Bitcoin btc-0.09%Bitcoin recovery coincided with the surge of the most risky assets like altcoins and equities. The Dow Jones and the S&P 500 index have jumped to a record high, while […]