Bitcoin price is expected to surge to $500,000 due to increasing demand and reduced supply from recent halving events. Data reveals that large Bitcoin holders are accumulating, a historically bullish signal as demand outpaces retail selling. Analyst Michael van de Poppe anticipates Bitcoin’s next breakout, fueled by bullish market trends and renewed scarcity. Cryptocurrency analyst […]
Category: Crypto news
Bitcoin Price Poised for Breakout Amid UTXO Stabilization
New investors may hold the key to Bitcoin’s next major breakout. Recently, the decline in unspent transaction outputs (UTXOs) under six months has halted and leveled off. Currently, only 8.6% of investors are at a loss at Bitcoin’s present price, according to CryptoQuant. New Investors Hold the Key to Bitcoin’s Next Major Breakout “Referring to […]
Here’s how Cardano taps into Bitcoin’s $1.3 trillion liquidity
Here’s how Cardano taps into Bitcoin’s $1.3 trillion liquidity Aneena Alex Cryptocurrency Oct 25, 2024 Share On October 24, BitcoinOS announced the launch of its Grail bridge on the Cardano network, enabling Bitcoin (BTC) liquidity to flow into the Cardano (ADA) ecosystem. EMURGO, a founding entity of Cardano, is among the key developers supporting this […]
U.S. government takes action after hacker returns $19 million stolen crypto
U.S. government takes action after hacker returns $19 million stolen crypto Paul L. Cryptocurrency Oct 25, 2024 Share The United States government has taken action after an unidentified hacker returned part of the funds stolen in cryptocurrency from a government-linked wallet. For context, about $20 million was drained from this wallet on October 24 in […]
Is Bitcoin Repeating Previous Bull Cycles?
Bitcoin’s price cycles have long been a source of intrigue for investors and analysts alike. We can gain insights into potential price movements by comparing current trends to previous cycles, especially with Bitcoin seemingly coming to an end of its consolidation period, many wonder if the next leg up is around the corner. Comparing Bitcoin […]
Perplexity AI predicts Microsoft stock price amid Bitcoin investing proposal
Perplexity AI predicts Microsoft stock price amid Bitcoin investing proposal Vinicius Barbosa Stocks Oct 25, 2024 Share Microsoft (NASDAQ: MSFT) shareholders will vote on a Bitcoin (BTC) investment proposal on December 10. The company’s board has positioned against it, fueling speculations with the growing controversy. Finbold turned to Perplexity AI for real-time analysts’ insights on […]
Bitcoin Monthly Chart Breakout Signals Potential Bull Rally
A Bitcoin analyst has identified a bullish signal for Bitcoin leading up to the U.S. presidential election. The analyst stated in a podcast that Bitcoin is forming a higher monthly close, suggesting a potential shift in the market trend after months of sideways movement. Bitcoin recovered from a midweek pullback after dropping to $65,000 on […]
If I could Invest $1,000 in any Bitcoin ETF, it would be this one
If I could Invest $1,000 in any Bitcoin ETF, it would be this one Andreja Stojanovic Cryptocurrency Oct 25, 2024 Share After years of waiting, the Securities and Exchange Commission (SEC) made a cryptocurrency market splash in January 2024, first with a fake announcement resulting from a hack and then with the genuine approval of […]
From $1 to $67,600 per Bitcoin – Max Keiser Boasts 6,800,000% ROI
Vocal Bitcoin maximalist Max Keiser has shared what ROI (return on investment) he has seen on his BTC investments since the times when the flagship cryptocurrency traded as low as just $1. Keiser, who is also the advisor on all things to do with Bitcoin to President of El Salvador Nayib Bukele, has reminded the […]
Insider trading? Trader buys memecoins ‘in the same second’ of Binance listings
Insider trading? Trader buys memecoins ‘in the same second’ of Binance listings Vinicius Barbosa Cryptocurrency Oct 25, 2024 Share Binance, the leading cryptocurrency exchange, recently started listing some Solana-based memecoins, making these low-liquidity speculative cryptocurrencies surge in price. In this context, an anonymous trader is profiting from buying these coins “in the same second” of […]