Cryptocurrency

A popular cryptocurrency analyst doubts that Bitcoin dominance will return to the levels it reached in December 2020, before the asset’s price surged approximately 220% within three months. “I don’t think it is going back up to 70%, my target for Bitcoin dominance has been 60%,” Into The Cryptoverse founder Benjamin Cowen explained in an interview on The […]

The important $60,000 barrier has been crossed by Bitcoin (BTC) once more, but the market is still cautious with significant resistance to this rally in the near future. BTC was trading just above the 200 EMA at $59,548 after a brief spike above $60,000 that was followed by a wave of selling pressure that swiftly […]

Bitcoin is officially back in the accumulation phase, the latest data shows, as analysts eye an imminent price breakout. Could this help Bitcoin price recover above $66,000 by September? Bitcoin long-term holders are accumulating again Bitcoin’s long-term holder accumulation rate has reached a 15-month high, according to popular analyst On-Chain College, who wrote in an Aug. […]

Bitcoin’s millionaire-making abilities might just be getting started. Over the course of its 15-year history, Bitcoin (BTC 1.40%) has made plenty of millionaires. In fact, thanks to the open-source nature of blockchains, we can see that there are roughly 108,000 wallets with more than $1 million worth of Bitcoin. Considering that Bitcoin has risen more […]

When the SEC opened the door in January for bitcoin exchange-traded funds to hit the mainstream, many traditional financial institutions across Wall Street and beyond finally had the opportunity to buy into crypto. Since then, money has poured in, but in fits and starts. On Wednesday, banks and hedge funds with more than $100 million in assets […]

Several days of mostly quiet price action came to a fast end during U.S. trading hours Thursday afternoon, with cryptocurrencies suddenly plunging and sending bitcoin (BTC) to its weakest level since just after the early August market panic. At press time, bitcoin was changing hands at $57,700, down nearly 3% from its price just about […]

Coinbase, the world’s second-largest cryptocurrency exchange, could significantly boost the adoption of Bitcoin-native decentralized finance (DeFi). The exchange has recently teased the development of a new Wrapped Bitcoin (BTC), called Coinbase BTC (cbBTC), creating widespread excitement among crypto investors. cbBTC announcement. Source: Coinbase The new token could significantly bolster the adoption of Bitcoin-native DeFi, according to […]

Bitcoin rebounded past $58,000 on Aug. 16 after a “sweeping masterclass” cost both bulls and bears. BTC/USD 1-hour chart. Source: TradingView BTC price targets retain trip below $50,000 Data from Cointelegraph Markets Pro and TradingView confirmed a 4.4% Bitcoin price recovery from lows of $56,150 the day prior. Coming on the back of the latest United States unemployment data, […]

Bitmex co-founder Arthur Hayes predicts bitcoin will reach $100K by late 2024 and could hit $1 million by 2025. He attributes this to U.S. Treasury liquidity injections and anticipates a “glorious” crypto bull market in 2025. Hayes has outlined various factors driving explosive growth in bitcoin and broader financial markets. Arthur Hayes Predicts Bitcoin Surge […]

Bitcoin’s trajectory has been a hot topic of debate, with experts offering varied opinions on its future price. As the year progresses, the focus has shifted back to year-end price calls and whether bitcoin will ever break the $100,000 mark. Roundtable anchor Rob Nelson discussed this with Chris Sullivan, Co-Founder and Portfolio Manager at Hyperion […]