Excitement buzzes in the world of cryptocurrencies as the Securities and Exchange Commission (SEC) deals with a flood of Bitcoin ETF applications. SEC Chair Gary Gensler shakes things up by sharing a bunch of careful messages on Twitter, creating a stir in the crypto community. Gensler’s Cautions on Crypto Investments Gary Gensler’s recent Twitter thread…
The online marketplace for second-hand goods, Mercari, introduced an in-app bitcoin exchange for its users last year. Mercari, a popular digital flea market platform in Japan with more than 22 million monthly active users, is considering enabling users to buy products using bitcoin by June this year, as reported by Nikkei. Mercari’s Bitcoin Payment Plans…
Max Keiser has expressed concerns about the potential approval of the Bitcoin ETF, suggesting that it could lead to the confiscation of investments in the future. As people on Satoshi Street eagerly anticipate the debut of the inaugural Bitcoin ETF, Bitcoin enthusiast Max Keiser has been expressing concerns about this new financial tool, signaling potential…
The Bitcoin Halving is a major moment in crypto history linked to an increase in BTC prices and, in turn, a surge in altcoin values. With widespread expectations of the United States Securities and Exchange Commission (SEC) granting approvals for the spot Bitcoin ETF, the approaching date of the Bitcoin Halving is gaining attention. Historically,…
James Seyffart, a knowledgeable analyst, confidently states that there’s a strong 95% likelihood of the Bitcoin Spot ETF gaining approval on January 10. According to his insights, the chances seem quite favorable for this significant event in the cryptocurrency world. Excitement is building up for the potential approval of a Bitcoin ETF, especially since the…
Bitcoin, the leading cryptocurrency globally, is making headlines as substantial whale activity captures the attention of the crypto community. Bitcoin, the pioneering digital currency established in 2009, attracted considerable attention in the crypto market recently. This surge in interest followed significant whale transfers, with a substantial 4,377 BTC being moved from the Kraken exchange to…
The upcoming approval of the Bitcoin Spot ETF could lead to a major boost in Bitcoin prices in the coming weeks, possibly pushing it to reach a new all-time high. The big question is whether Bitcoin’s value might reach the $100,000 mark once the ETF gets the green light. Let’s delve into the details of…
The U.S. Securities and Exchange Commission (SEC) is getting closer to approving spot Bitcoin ETFs, but we’re still not sure when they will officially launch. There’s also some confusion about whether the SEC will approve all 11 applicants at once or in smaller groups. Let’s dive into the details of this Bitcoin ETF update. There…
A well-known cryptocurrency analyst anticipates that the approval of the Spot Bitcoin ETF could push the price of BTC above $48,000. As experts look forward to the potential approval of a Spot Bitcoin ETF, market analysts are sharing their thoughts on how it might impact the price of Bitcoin (BTC). Mister Crypto, a well-known crypto…
Bitcoin’s price has recovered from Wednesday’s dip amid uncertainties surrounding the spot Bitcoin ETF. There’s potential for a surge to $50,000 if the SEC approves the ETF. The cryptocurrency industry is on the verge of heightened optimism surrounding the potential approval of spot Bitcoin ETFs. This widespread enthusiasm has fueled the Bitcoin price rally, propelling…
A Bitcoin trader successfully earned nearly $80 million from Bitcoin before its price took a downward turn. Recent data shared by blockchain analyst @lookonchain reveals that a crypto trader moved a significant amount of Bitcoin to Binance and sold it just before the price of Bitcoin experienced a sharp decline. Bitcoin Trader’s $140 Million Profit…
Grayscale Investments, a company that manages crypto assets, is said to be talking to big firms like JPMorgan and Goldman Sachs. They’re discussing the possibility of these firms playing a role as authorized participants for Grayscale’s planned spot Bitcoin ETF. As of January 4, according to Bloomberg, Grayscale had discussions with JPMorgan and Goldman Sachs…
On January 3, 2024, Bitcoin (BTC) celebrates its birthday, marking the day it was introduced by Satoshi Nakamoto in 2009. In the early days, Bitcoin faced skepticism and even bans from countries like India and the United States. Critics raised concerns about scams and illegal transactions. However, over time, Bitcoin has gained widespread acceptance, and…
A well-known market analyst, Michael van de Poppe, mentioned that the unconfirmed news of a potential rejection of the spot Bitcoin ETF triggered a selling spree in the market. This uncertainty surrounding the ETF decision had an impact on investor sentiment, leading to a decline in market prices. In a recent twist, the price of…
Matrixport, a crypto financial services platform, is predicting that the U.S. Securities and Exchange Commission (SEC) may reject the proposal for Bitcoin Spot ETFs. In light of this, they have issued a caution about a possible drop in Bitcoin’s price, suggesting it could dip to $36,000. The platform is advising traders to consider protective measures…
An analyst reveals that according to MVRV pricing bands, Bitcoin is looking at reaching new important price levels in the near future. Crypto analyst and trader Ali Martinez, recognized as @ali_charts on social media, has shared a fresh price outlook for Bitcoin on the X/Twitter platform. Based on the latest data, he predicts that Bitcoin…
The situation for Bitcoin is not looking great as the price falls below the 20-day Exponential Moving Average (EMA), indicating a potential for more bearish trends in January. Bitcoin’s price has been hovering around $42,500, with investors eagerly anticipating the debut of the first spot Bitcoin ETF in the United States. A report from last…
In the upcoming year, 2024, Bitcoin’s future seems uncertain. It could either soar above $100,000 or experience a sharp drop, possibly triggered by a “sell the news” event. The outcome remains uncertain, and the crypto community is eagerly watching to see which direction Bitcoin will take. Bitcoin’s recent remarkable surge in price has sparked speculation…
As the deadline for Bitcoin ETF applications gets closer, many believe the US Securities and Exchange Commission (SEC) is ready to give the green light to spot Bitcoin ETFs. Yet, Bloomberg’s ETF specialist, Erich Balchunas, points out a possible hurdle. He suggests that the SEC may demand straightforward language about cash-only creations and a signed…
Following the latest acquisition, MicroStrategy now holds a remarkable $6 billion worth of Bitcoin on its balance sheet. Despite a dip in Bitcoin (BTC) to $42,000 following a sell-off, major players are seizing the opportunity. MicroStrategy Chairman Michael Saylor recently revealed that his company has capitalized on the dip by making a new acquisition of…
Bitcoin has been doing really well in the last few months of 2023, making people think that the bull market might be back. Kaiko Research, a company that analyzes data, has shared its thoughts on how Bitcoin has been doing this year. According to their recent report, it seems like Bitcoin is set to end…
The U.S. Securities and Exchange Commission (SEC) recently had special phone meetings with all the people applying to start Bitcoin Exchange-Traded Funds (ETFs). This kind of thing doesn’t happen often in the rules made by the government. Charles Gasparino, a Senior Reporter at Fox Business Network, said this is quite unusual. The main talk during…
Max Keiser, a well-known supporter of Bitcoin and financial analyst, is expressing serious worries about the soon-to-arrive Bitcoin spot Exchange-Traded Funds (ETFs). Despite the financial community eagerly awaiting these ETFs, anticipating increased mainstream adoption for Bitcoin, Keiser suggests there might be hidden aspects to these financial instruments that are not immediately apparent. SEC’s Potential Approval…
If Bitcoin ETFs become a reality, it might not be good news for crypto exchanges like Coinbase. That’s because analysts think the fees these exchanges charge for transactions could go down, causing some challenges. The crypto community is excitedly waiting for the potential approval of a Bitcoin exchange-traded fund (ETF) in the United States, with…
Glassnode, a cryptocurrency analytics platform, has successfully determined the approximate date for Bitcoin’s halving next year. They utilized a specific metric to make this calculation, providing insights into the upcoming significant event for the popular cryptocurrency. Glassnode, a well-known data vendor in the cryptocurrency space, recently took to Twitter to announce that they have successfully…
JPMorgan analysts predict that in 2024, Ethereum (often called Ether) is likely to perform better than Bitcoin and other cryptocurrencies. This expectation is based on the upcoming EIP-4844 upgrade for Ethereum scheduled for next year. This upgrade is seen as a key factor contributing to the positive outlook for Ethereum’s performance. JPMorgan Forecasts Ethereum’s Outperformance…
AVAX had been performing well recently but took a step back with a more than 10% decline in the last 24 hours. Bitcoin is struggling to recover from the recent market downturn and is hovering around $41,000. Many other altcoins are also facing losses, with SOL dropping below $70, and AVAX experiencing a significant dip…
The Bitcoin and crypto markets are experiencing a decline, and there’s a lot of uncertainty causing speculation. Various uncertainties are currently affecting the market, contributing to this downturn. Today, the cryptocurrency market is going through a tough time, making investors nervous as Bitcoin and other major cryptocurrencies see a decrease. There are a few possible…
BlackRock’s updated ETF model boasts “superior resistance” to market manipulation, addressing a key concern that the SEC has historically cited in rejecting spot Bitcoin ETFs. BlackRock has made changes to its application for a Bitcoin exchange-traded fund (ETF) to make it simpler for Wall Street banks to get involved. Now, banks can create new shares…
According to Michael Van de Poppe, it’s important for Bitcoin to stay within the $36,500-$38,000 range. Another expert, Will Clemente, pointed out that the recent drop in prices shouldn’t have come as a surprise and was bound to happen. On Monday evening, major cryptocurrencies showed a varied performance, with Bitcoin, the biggest one, having its…
According to a recent analysis by well-known crypto trader Josh Olszewicz, also known as @CarpeNoctom, Bitcoin (BTC) could potentially experience a decline to around $36,000. His cautious outlook is rooted in the assessment of the daily Kijun line. Additionally, Analyst suggests considering a stop loss for long positions at approximately $42,800 as a prudent measure….
VanEck, an investment management firm, has shared its thoughts on what might happen in the crypto world in 2024. They believe that Bitcoin could reach a new all-time high in its price during that year. Additionally, the analysts at VanEck are expecting a possible economic downturn in the United States and the introduction of the…
The Labor Department reported a slowdown in private sector job creation for November. Investor Michael Van de Poppe emphasizes the inevitability of market corrections. On Wednesday evening, major cryptocurrencies showed a mixed pattern in trading. This was influenced by positive expectations about the possible approval of exchange-traded funds (ETFs) linked to actual Bitcoin transactions and…
Bitcoin has experienced a notable surge in the past weeks, breaking through consecutive price resistances and reaching new yearly highs, surpassing $44,000 with a 15% gain in the last 7 days. Beyond the excitement surrounding spot Bitcoin ETFs, on-chain data reveals heightened activity among significant holders. Santiment, an on-chain analytics platform, notes a correlation between…
Analysts are making predictions about the Bitcoin price based on the upward trend observed over the last three days, with BTC reaching a new 18-month high. The Bitcoin price is showing a notable pattern that might boost investor confidence in the upcoming days. Currently, the BTC price has retraced back to the level it held…
Crypto analyst Benjamin Cowen foresees a Bitcoin dip at $48,000, while LunarCrush data notes a surge in Bitcoin’s social dominance. Additionally, Michael Van de Poppe is optimistic about Ethereum, signaling potential for a breakout above $2,150. On Tuesday evening, major cryptocurrencies experienced a notable surge, marking the first significant rally since early April 2022. The…
On December 4th, Bitcoin (BTC) experienced a surprising rise in its age-consumed metric, pointing to a notable increase in coins that were previously inactive now re-entering circulation. This noteworthy change, with a 400% surge within a single day, might suggest that the Bitcoin market could see increased price volatility in the near future. Decoding Cryptocurrency…
Bitcoin breaking the $42,000 barrier signals the start of a possible bull run, with Bloomberg predicting it could go even higher, surpassing $500,000. Some enthusiasts suggest this could reshape the usual way things work on Wall Street. Bloomberg’s recent report is making waves as it talks about the “Bitcoin supercycle,” a surge that’s not only…
Big investment company BlackRock is diving into the world of Bitcoin with a substantial move. They got $100,000, often called “seed capital,” on October 27, 2023, to kickstart a new type of Bitcoin investment known as an exchange-traded fund (ETF). Think of seed capital as the initial boost to kickstart a project. In the case…
Rumors are circulating in the crypto world that Qatar’s Sovereign Wealth Fund is considering a substantial $500 billion investment in Bitcoin. The mere possibility of such a massive influx has stirred excitement and anticipation in the financial community. It all started when Max Keiser, a well-known Bitcoin supporter, tweeted late on Sunday night, suggesting that…
In a recent analysis, well-known analyst Michaël van de Poppe talks about the situation with Bitcoin. He’s saying it’s crucial for Bitcoin to stay stable, and right now, there’s a key support level at $36k-$38k that seems strong. If this support holds, he believes Bitcoin’s price could go up to somewhere between $47k-$50k in December….
Right now, all the cryptocurrencies put together are worth the most they’ve been since May 2022. Back then, things took a downturn in the crypto world after Terra faced some issues, starting what people called the “crypto winter.” Now, it seems like the market is bouncing back and reaching new highs. Just recently, Bitcoin reached…
Bitcoin’s value has surged above $42,000, reaching its highest point in 20 months. This significant increase is attributed to several factors, including the potential approval of a Bitcoin ETF by the SEC, resolution of market controversies, and an upcoming halving event. The combination of these positive developments has contributed to the renewed confidence and enthusiasm…
According to data from Bybit Research, it seems that institutional investors are not keen on altcoins. Reportedly, half of their portfolios are invested in Bitcoin, indicating a strong preference for the leading cryptocurrency over alternative digital assets. New data from Bybit Research suggests that institutional interest is leaning heavily towards Bitcoin (BTC) rather than Ethereum…
Bitcoin (BTC) has now become one of the top 10 largest assets based on market capitalization. This means that Bitcoin’s overall value is among the highest globally, showcasing its significance in the financial landscape. As per Infinite Market Cap, Bitcoin (BTC) has outpaced major players like Berkshire Hathaway, Tesla, and Visa. The data from the…
Leaders in the crypto industry are declaring the beginning of a fresh bull run, and many are expressing expectations of Bitcoin (BTC) reaching new record highs in 2024, surpassing $100,000. Talking to CNBC, Pascal Gauthier, CEO of Ledger, mentioned that 2023 was a year to get ready for upcoming growth. He expressed positive feelings about…
Bitcoin’s price surged close to $40,000, resulting in short sellers facing losses of over $100 million in the last 24 hours. Interestingly, while the overall cryptocurrency market experienced positive momentum, the gains were not reflected in the supply of wrapped Bitcoin (wBTC) on the Ethereum network. Crypto Market Witnesses Over $140 Million in Liquidations Amid…
The crypto fear and greed index, hovering between 70-74, suggests strong optimism among both regular and big investors. Matrixport expresses confidence in Bitcoin’s potential to reach $125,000 by December 2024 post the Bitcoin halving. Currently, Bitcoin is trading at $38,580, showing a 2% increase in the last 24 hours amid a significant rally. The…
Bulls in the crypto market are eyeing the $40,000 milestone as the largest cryptocurrency, Bitcoin (BTC), hits an 18-month high, reaching $38,707 with a 2.5% gain. The surge in Bitcoin’s value is linked to various factors, such as positive sentiments from influential investors and shifts in economic conditions. These factors contribute to the cryptocurrency’s recent…
Colombian President Gustavo Petro has recently started holding Bitcoin. This happened after he met with a group led by Samson Mow, the founder of JAN3, a company working on Bitcoin adoption by nations. Local media and social channels shared news about the meeting, indicating a significant move towards considering the use of BTC and blockchain…