Bitcoin price is consolidating above the $60,000 support. BTC seems to be eyeing a fresh increase above the $61,200 and $61,500 levels. Bitcoin is consolidating above the $60,000 support zone. The price is trading below $61,750 and the 100 hourly Simple moving average. There was a break above a key bearish trend line with resistance […]
Donald Trump back in the lead against Kamala Harris in prediction markets Ana Zirojevic Cryptocurrency Oct 4, 2024 Share Weeks after the United States presidential nominee from the Democratic Party, Kamala Harris, evened her odds in prediction markets at winning the November elections against the former U.S. president Donald Trump, it seems her Republican opponent […]
According to the latest market analysis, there has been a sharp decline in demand for Bitcoin (BTC) following escalating tensions in the Middle East. Data from CryptoQuant reveals that Bitcoin’s Net Buyer Volume (a measure of whether buying or selling pressure is dominant) has dropped significantly since Tuesday, when Iran launched more than 180 ballistic […]
BRC-20 tokens are moving to turn BTC not only into an electronic currency for Peer-to-peer payments. These tokens cover different requirements: privacy, as well as the representation of assets in the blockchain. The popularity of BRC-20 tokens may have an impact on the position of Bitcoin within the ecosystem. The Bitcoin ecosystem has been extended […]
BTC has retraced with crucial resistance at $70,000 and minimal support beneath the current range. A breakout above $70,000 could trigger significant buy orders and increased liquidity. Such a situation often leads to a volatile flow of trading activity until a strongly defined trend appears on the market. Bitcoin is still firmly residing in a […]
Bitcoin has lost its value against gold, with the Bitcoin-to-gold ratio falling from 33 ounces in March to 24 ounces by September, according to Kaiko. This decline is partly due to a broader sell-off in risk assets, but it also highlights the strong performance of gold. Demand for gold has surged, driven by central banks […]
Michael Saylor, an American businessman and CEO of MicroStrategy, is known for being a big supporter of Bitcoin (BTC). He recently made another post about the major cryptocurrency. It is worth noting that Saylor often posts about Bitcoin, and sometimes his posts seem a bit out there, but they perfectly reflect the vision Saylor has […]
Bitcoin price finds support near its 200-day EMA around $60,000; a firm close below would suggest a decline ahead. BlackRock report shows Bitcoin has generally performed better than Gold in the long term during geopolitical tensions. Ki Young Ju, founder and CEO of CryptoQuant, explains BTC whales are unlikely to sell now. Bitcoin (BTC) trades […]
Recent bullish opinions surrounding Bitcoin (BTC) have faded as the cryptocurrency has seen a significant drop in price following geopolitical tensions in the Middle East. Investor sentiment is in a state of flux — with many openly questioning theses such as the decentralized currency’s role as a substitute for gold as a hedge. Vocal bulls […]
Bitcoin could crash to $52,000 if this happens Mijuško Šibalić Cryptocurrency Oct 3, 2024 Share Recent bullish opinions surrounding Bitcoin (BTC) have faded as the cryptocurrency has seen a significant drop in price following geopolitical tensions in the Middle East. Investor sentiment is in a state of flux — with many openly questioning theses such […]