Investors are focused on this important price target. Bitcoin (BTC 1.07%) has had an interesting year. From the start of 2024 to its all-time high on March 14, Bitcoin jumped 73%. But it’s been a pretty choppy four months since then. Bitcoin has had a nice run in the past couple of weeks, but it’s currently 12% off […]
Cryptocurrency
Crypto Analyst Says ‘Think Bigger’, Bitcoin Price Is Headed To $100,000
A crypto analyst has maintained a strong bullish stance for Bitcoin (BTC), predicting that the pioneer cryptocurrency is heading towards a fresh all-time high of $100,000. The analyst has shared several factors that could propel Bitcoin to this lofty price target. Bitcoin To Hit $100,000 In 2024 On July 19, crypto analyst Scott Melker, also […]
Bitcoin and Ethereum Year-End Predictions: $100,000 and $10,000 Targets Appear Feasible Amid ETF Excitement
Over the past few weeks, important events have impacted Bitcoin, including those related to Mt. Gox. Despite the challenges, the Bitcoin chart is now approaching a potential breakthrough at the $70,000 mark. Analyst Tim Warren, Host of Investing Broz, predicts a possible rally to $82,000 and then towards $100,000. Key resistance is around $66,500, but […]
Bitcoin bulls charge toward $66K as BTC price eyes new 1-month high
Bitcoin spiked higher at the July 19 Wall Street open as confusion reigned over whether United States President Joe Biden would abandon his reelection campaign. BTC/USD 1-hour chart. Source: TradingView BTC price throws off consolidation Data from Cointelegraph Markets Pro and TradingView tracked a resurgent Bitcoin price action as BTC/USD challenged one-month highs. Up by more than 2.5% on […]
Winklevoss twins donate $1M in Bitcoin to support Sen. Warren’s pro-crypto challenger
Tyler and Cameron Winklevoss, the entrepreneurial duo of Facebook fame and founders of the Gemini cryptocurrency exchange announced Thursday a $500,000 donation each in bitcoin to a super PAC supporting John Deaton, a pro-crypto lawyer looking to end Democratic Senator Elizabeth Warren’s twelve-year reign. Last month, the crypto bros announced a $2 million bitcoin donation […]
Trump fundraiser at bitcoin conference asking $844,600 per seat
Former President Trump is holding a private fundraiser for his campaign at Bitcoin 2024 in Nashville this month, and attendees will have to shell out some major coin to attend. An invitation for the fundraiser, first reported by Bloomberg, is asking $844,600 per person for a roundtable seat at the VIP reception, which comes with […]
Grayscale announces plans for Bitcoin ETF spinoff
On July 19, crypto asset manager Grayscale announced plans to spin off a portion of its flagship Bitcoin fund, Grayscale Bitcoin Trust (GBTC), into a new exchange-traded fund (ETF). On July 31, Grayscale will contribute 10% of the spot Bitcoin held by GTBC to its new ETF, Grayscale Bitcoin Mini Trust (BTC). The company said the […]
Bitcoin’s next leg could hit $110K, despite ‘lower highs and lower lows’
Bitcoin could jump to $110,000 on its next major rally, despite concerns of “lower highs and lower lows” forming as a pattern on the BTC price chart, according to crypto traders. “The next leg is likely to bring Bitcoin to $110K,” founder of MN Capital Michael van de Poppe wrote in a July 17 post on […]
Spot Bitcoin ETF inflows surge, but BTC struggles to rally above $65K
Since July 5, Bitcoinhas seen net inflows of $1.91 billion in its US spot exchange-traded funds (ETFs). Despite this, its price has struggled to stay above $65,000. Meanwhile, the S&P 500 index reached an all-time high on July 16, and gold, considered the world’s largest reserve asset, traded at a historical high on July 17. […]
Bye-bye bitcoin, hello AI: Texas miners leave crypto for next new wave
Just off of Interstate 20, in the heart of West Texas, is a town of 125,000 people called Abilene. Once a stopping point along a cross-country cattle trail in the days of the American Old West, the small outpost is now getting into the burgeoning artificial intelligence business. Houston-based tech company Lancium and Denver-based Crusoe […]