In recent years, Bitcoin’s (BTC) price has mostly appreciated each Halloween season, and now an artificial intelligence (AI)-enabled analysis tool, alongside chart patterns, is highlighting a possible continuation of this trend in 2024. Except for 2018 and 2022, the valuation of the maiden cryptocurrency has traded higher on each Halloween day than the year before. […]
Category: Crypto news
AI predicts Bitcoin price for Halloween 2024
AI predicts Bitcoin price for Halloween 2024 Paul L. Cryptocurrency Oct 17, 2024 Share In recent years, Bitcoin’s (BTC) price has mostly appreciated each Halloween season, and now an artificial intelligence (AI)-enabled analysis tool, alongside chart patterns, is highlighting a possible continuation of this trend in 2024. Except for 2018 and 2022, the valuation of […]
Gold Arrives on ‘Digital Gold’ as Bitcoin Gets Tokenized Version of the Metal
Swarm Markets is offering investment in gold bars on the Bitcoin network in partnership with OrdinalsBot. Swarm and OrdinalsBot’s service involves inscribing satoshis with unique gold kilobar serial numbers, in effect allowing them to be traded on Bitcoin’s Ordinals protocol. Bitcoin is often referred to as “digital gold,” but now it will be possible to […]
Will Bitcoin Surpass $70,000? Analyst Shared His View
As Bitcoin approaches $70,000 once again, market speculators are eyeing the possibility of it surpassing record levels last seen in March. Optimism around riskier assets is growing as investors prepare for the upcoming U.S. elections. “After six months of price consolidation this year, the stage is set for a perfect storm in favor of Bitcoin […]
Analysis Company Says Whales Are Very Active in Bitcoin, Shares What They Expect
Santiment, a leading cryptocurrency analytics firm, has reported a significant increase in BTC whale activity during the recent surge in Bitcoin’s price. Bitcoin whale transactions hit a more than 10-week high on Tuesday, with 11,697 transfers worth over $100,000, according to the firm’s analysis, and are on track to reach similar highs on Wednesday. The […]
Will the Surge in Bitcoin Continue? Analysis Company Reveals the Clustering Level of $1 Billion Shorts
Bitcoin’s price surged above $68,000, prompting liquidations of around $300 million in the past 24 hours, as the cryptocurrency market outperformed traditional financial markets this week. Analysts attribute this rise to a decrease in selling pressure, with Bitcoin gaining more than 4% in the past day to pass the important $68,000 threshold. ETC Group’s Crypto […]
Expert warns Bitcoin is in a ‘bull trap,’ sets next BTC price low target
Expert warns Bitcoin is in a ‘bull trap,’ sets next BTC price low target Paul L. Cryptocurrency Oct 16, 2024 Share As Bitcoin (BTC) seeks to break through the $70,000 resistance amid renewed bullish momentum, a cryptocurrency trading expert is warning investors to be cautious. Specifically, the recent momentum that has seen Bitcoin sustain its […]
Trader highlights key levels to build positions for the ‘upcoming bull run’
Trader highlights key levels to build positions for the ‘upcoming bull run’ Vinicius Barbosa Cryptocurrency Oct 16, 2024 Share Bitcoin (BTC) started moving, breaking out of a seven-month downtrend, and indicators suggest the 2024 crypto bull market is back. In this context, a trader highlighted key chart levels to watch while building altcoin positions for […]
$100 Million Bitcoin Moves Amid SEC Scrutiny on Cumberland
An extraordinary transfer of more than $100 million in Bitcoin has shaken the cryptocurrency space, just within this hour. As became known thanks to a report from Whale Alert, the transfer of 1,475 BTC took place between several wallets, previously unknown to the service, with two key addresses, “3QYQ6” and “3MqUP.” Thus, the first address […]
Bitcoin price eyes $88,000 by year-end with incoming breakout
Bitcoin price eyes $88,000 by year-end with incoming breakout Aneena Alex Cryptocurrency Oct 16, 2024 Share Bitcoin (BTC) has shaken off months of stagnation, sparking a breakout that points to a renewed bullish trajectory, with one analyst eyeing a potential surge to $88,000 by the end of 2024. After reclaiming the $65,000 mark, bullish momentum […]