Bitcoin circled $67,000 into the July 21 weekly close as an “extremely explosive move” set the stage for 10% gains. BTC/USD 1-day chart. Source: TradingView Bitcoin price continues “phenomenal retest” Data from Cointelegraph Markets Pro and TradingView showed BTC price action spiking to new July highs over the weekend. The largest cryptocurrency held onto its recovery in out-of-hours trading, this equaling […]
Cryptocurrency
Biden withdrawal sends Bitcoin lower as Harris-themed memecoin surges 131%
US President Joe Biden sent shockwaves through markets as he announced he will not run again for another four years in the White House. “It is in the best interest of my party and the country for me to stand down and to focus solely on fulfilling my duties as President for the remainder of […]
Is Bitcoin on Track to Hit $100,000 by 2025?
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 […]
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 […]