One of the largest BTC addresses has just moved 2019 Bitcoins, worth $141.5 million, to its cold wallet. This sale came as a series of significant sell-offs from this address after Bitcoin had faced another price decline. The whale panic-sold 2,019 $BTC($141.5M) again after the $BTC price dropped today. The whale has sold a total […]
Category: Crypto news
AI sets date when Bitcoin will hit $100,000
With Bitcoin (BTC) failing to hold above the $70,000 mark, market attention remains on whether the flagship cryptocurrency can reach the highly anticipated $100,000 all-time high. Notably, Bitcoin’s recent rally was initially seen as a trigger for a six-figure valuation. Now, an artificial intelligence (AI) tool has offered insights into when it might hit this […]
Unprecedented Bitcoin Rally Looms With Crypto Market Poised for Record Highs
Bitcoin could skyrocket to record highs if Trump wins the election, driven by pro-crypto policies, deregulation, and surging investor demand, predicts Devere Group’s CEO. A Historic Bitcoin Rise in Sight Nigel Green, CEO of financial advisory giant Devere Group, believes bitcoin could hit unprecedented highs if former U.S. President Donald Trump wins the upcoming U.S. […]
Whale panics amid Bitcoin dip, sells 2,019 BTC
Bitcoin’s price dip below $70,000 has seen one whale panic, selling 2,019 BTC amid jitters over further declines. According to Lookonchain, a smart money on-chain account on X, as Bitcoin (BTC) extended its decline from the recent peak above $73,000, a whale address that had previously sold in October appeared spooked. Data indicates that the […]
After ‘Uptober’ plays out, what could we see in November?
This is a segment from the Forward Guidance newsletter. To read full editions, subscribe. The historic trend of BTC rising in October ended up occurring again despite a rocky first half of the month and a rough final day. All said and done, the asset’s price rose nearly 11% during the month. BTC started October […]
Coinbase Is Embarrassing Itself By Not Buying Bitcoin
Really, at this point, Coinbase is just embarrassing itself by not buying Bitcoin and doing silly buybacks. Coinbase just had a bad quarter. After reporting disappointing Q3 earnings, its stock plunged over 10%. To instill confidence, Coinbase announced a $1 billion share buyback. But that flopped, too, with shares barely budging. This whole debacle just […]
XRP Crucial Candlestick Pattern: Reversal Incoming? Can Bitcoin (BTC) Regain $70,000 Momentum? Ethereum (ETH) Doing Better Than You Think
XRP’s candlestick pattern points to a possible reversal. A bullish indicator of this reversal pattern suggests that XRP may finally experience some upward movement following a period of difficulty. But since bearish volume is still predominating, the general mood of the market continues to pose a threat to XRP’s momentum. Looking at the daily chart, […]
Bitcoin Traders Reach Six-Month Peak as Market Signals Suggest Bullish Trend
As per the latest data, Bitcoin has seen a six-month high spot in terms of trading. As per IntoTheBlock, the spiking Bitcoin trading has resulted from a spike in the number of $BTC-holding addresses. The blockchain analytics firm disclosed this development on social media. Bitcoin traders hit a 6-month high, according to @intotheblock Addresses holding […]
2 cryptocurrencies to reach 100 billion market cap by year-end
2 cryptocurrencies to reach 100 billion market cap by year-end Aneena Alex Cryptocurrency Nov 1, 2024 Share The crypto market faced a surge of selling pressure this week, unsettling investors as Bitcoin (BTC) dropped by 4% before rebounding to $71,000. Despite the recovery, caution remains, as many investors await clearer signals before making decisive moves. […]
Top Economist Slams Bitcoin as “Just Another Bubble”
Robin Brooks, former chief economist at the Institute of International Finance, continues to insist that Bitcoin is “just another bubble asset” despite the substantial gains that were recently recorded by the flagship cryptocurrency. The economic expert has downplayed the recent rally, arguing that it was simply the result of an interest rate cut implemented by […]