Bitcoin Dominates as Best-Performing Asset Despite Volatility: NYDIG

🚀 Stay Ahead with AltcoinDaily.co! 🌐 Bitcoin continues to prove itself as a standout asset, offering remarkable returns even amidst its notorious volatility, according to a new report by the New York Digital Investment Group (NYDIG). In an analysis, Greg Cipolaro, NYDIG’s Global Head of Research, noted that Bitcoin’s performance “stands apart from the crowd”…

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MicroStrategy’s endgame is to be the leading Bitcoin bank: Michael Saylor

MicroStrategy aims to become the world’s leading Bitcoin bank, holding 252,220 BTC. The company invests borrowed funds in Bitcoin, expecting 29% annual returns. Saylor’s goal is to grow MicroStrategy into a trillion-dollar bitcoin-driven entity. Michael Saylor, founder and executive chairman of MicroStrategy, in an interview with analysts at research and brokerage firm Bernstein outlined a…

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Bitcoin Price Flashes Fractal Similar To October 2023, Here’s What Happened Last Time

Este artículo también está disponible en español. Crypto analyst TradingShot recently revealed that the Bitcoin price is forming a similar fractal pattern to the one that happened in October 2023. This is bullish for the flagship crypto, considering what happened last year when the fractal pattern formed.  Bitcoin Prices Flashes Fractal Similar To October 2023…

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Bitcoin Investors Accumulate Almost $1 Billion In BTC As Exchange Reserves Falls Towards New Lows

Este artículo también está disponible en español. Although the Bitcoin price faces challenges in breaking out significantly from its support level of $60,000, recent on-chain data reveals a fascinating shift in sentiment among Bitcoin enthusiasts. Despite the ongoing price corrections, it appears that long-term holders remain undeterred. In fact, about 15,917 BTC, valued at approximately…

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Bitcoin ETFs Witness Outflows as Market Dynamics Shift

🚀 Stay Ahead with AltcoinDaily.co! 🌐 U.S. spot bitcoin exchange-traded funds (ETFs) showed divergent investor sentiment on Tuesday, marking a shift from previous days. Data from SoSoValue revealed that these investment vehicles collectively recorded $18.66 million in net outflows, halting a recent streak of positive flows. Outflows Dominated by FBTC and GBTC Leading the outflows…

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Bitcoin Failed Attempt To Break $64,000 Could Lead To A Disaster – Analyst

Este artículo también está disponible en español. After weeks of massive volatility, Bitcoin faces heightened risk after failing to break above a key resistance level of around $64,000. Following the Federal Reserve’s decision to cut interest rates, many investors and traders anticipated a full-blown rally throughout October. However, it appears that the expected surge may…

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Bitcoin Price Manipulation Linked To HBO’s Satoshi Revelation, Expert Cautions

Este artículo también está disponible en español. After days of anticipation, HBO is set to release its highly awaited documentary exploring the true identity of Satoshi Nakamoto, the enigmatic creator of Bitcoin (BTC).  While many are eager to uncover the individual behind this pseudonym, one expert warns that the documentary could lead to significant price…

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National Bank of Bahrain launches a Bitcoin investment fund

The National Bank of Bahrain launches the GCC’s first Bitcoin investment fund. The fund offers accredited investors exposure to Bitcoin as a capital-protecting option. Bahrain ranks fifth globally in Bitcoin holdings, emphasizing its crypto-friendly stance. The National Bank of Bahrain (NBB) has made headlines with the launch of a groundbreaking investment fund aimed at providing…

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Similarities Between October 2023 And 2024 Suggests The Bitcoin Price May Still Experience ‘Uptober’

Este artículo también está disponible en español. Bitcoin has yet to rally in October, with many bullish proponents awaiting the resumption of an uptrend. Among those closely monitoring the price action in anticipation of an uptrend is a well-known analyst on the social media platform X. This analyst, who goes by the name Ash Crypto,…

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Bearish Trends Can’t Deter $100,000 Price Predictions, CNBC

Ronaldo is an experienced crypto enthusiast dedicated to the nascent and ever-evolving industry. With over five years of extensive research and unwavering dedication, he has cultivated a profound interest in the world of cryptocurrencies. Ronaldo’s journey began with a spark of curiosity, which soon transformed into a deep passion for understanding the intricacies of this…

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Veteran Crypto Trader Says Bitcoin Is Forming A ‘Three Blind Mice’ Pattern, What Does This Mean?

Este artículo también está disponible en español. Veteran crypto trader Peter Brandt has stated that Bitcoin (BTC) is forming a ‘three blind mice’ pattern without confirming whether this is bullish or bearish for the flagship crypto. His statement has got the crypto community searching for answers as to what this pattern might mean for BTC. …

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Analyst Says Bitcoin Is In The ‘Final Test’, Here’s Where The BTC Price Is Headed Next

Este artículo también está disponible en español. Bitcoin has seen a retracement from the $66,000 level, but that does not mean that the bullishness of the pioneer cryptocurrency is completely gone. It is currently sitting around 4% below $66,000, which still makes its $63,000 level very attractive for bulls. Although, given the current movement of…

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Will Israel-Iran Conflict Push Bitcoin Further Down? Analysts Discuss

Este artículo también está disponible en español. The Bitcoin price took a sharp dip to $60,164 on Tuesday following heightened geopolitical tensions in the Middle East, with Iran launching missile attacks on Israel. The escalation rattled global markets, impacting both traditional and crypto assets. Bitcoin was not immune with a notable -4% drop. Market participants,…

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Bitcoin Slips Below $61K Amid Middle East Conflict, Sees Massive ETF Outflows

🚀 Stay Ahead with AltcoinDaily.co! 🌐 Bitcoin faced major volatility on Wednesday, trading around $61,500 during the Asian morning hours after dropping as low as $60,300 late Tuesday. This sharp decline comes amid heightened geopolitical tensions as the conflict in the Middle East intensifies, affecting investor sentiment and hopes for a rally in what has…

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Crypto market on a free fall as Iran launches missiles into Israel

Crypto market drops as Iran launches missile strikes into Israel. Bitcoin falls to $62k; Ethereum drops below $2,500. The global crypto market cap declines by 2.72% to $2.18 trillion. The global cryptocurrency market has witnessed a sharp decline following reports of Iran firing missiles into Israel. The heightened geopolitical tensions have sent shockwaves through financial…

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Why Bitcoin Could Reach $98,000 Following Bullish September

Este artículo también está disponible en español. Bitcoin (BTC), the largest cryptocurrency by market capitalization, recently celebrated a remarkable September, achieving a two-month high of $66,560 last Friday.  Although it fell short of its all-time peak of $73,700 in March, the strong performance in September has raised expectations for significant gains as the year draws…

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Bitcoin To $80,000, Dogwifhat To $7, And Fantom To $1? Analyst Shares ‘Realistic Targets’

Este artículo también está disponible en español. Crypto analyst Wisdom Matic has shared realistic price targets for Bitcoin (BTC), Dogwifhat (WIF), and Fantom (FTM). The analyst suggested that these coins would reach these price levels in this bull run, although he didn’t state when exactly it would happen.  Bitcoin, Dogwifhat, And Fantom To Reach These…

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What Price Will This Surge Bring?

Ronaldo is an experienced crypto enthusiast dedicated to the nascent and ever-evolving industry. With over five years of extensive research and unwavering dedication, he has cultivated a profound interest in the world of cryptocurrencies. Ronaldo’s journey began with a spark of curiosity, which soon transformed into a deep passion for understanding the intricacies of this…

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