Bitcoin and crypto markets opened lower on Monday morning in Asia as they await a speech by Fed Chair Jerome Powell and unemployment data. While BTC and altcoins gave back some of the rise they experienced last week, the BTC price dropped to the level of $64,000. Despite the decline, Bitcoin is in its first […]
Category: Crypto news
US Bitcoin ETFs Close In on Satoshi’s BTC Stash, Holding 924,768 BTC
Since Jan. 11, 2024, twelve U.S. spot bitcoin exchange-traded funds (ETFs) have been steadily accumulating bitcoin (BTC). This doesn’t include the hefty BTC stash held by Grayscale’s GBTC, which has experienced a total outflow of $20 billion. Right now, these bitcoin funds hold an impressive 924,768.09 BTC, and if they continue scooping up BTC at […]
Will Bitcoin Surge From Current Levels to a New All-Time High? Analysis Firm Warns
Cryptocurrency analytics firm Santiment has issued a warning in its latest analysis, despite the crypto community expecting a new all-time high price record (ATH) for Bitcoin. According to the analytics firm, the crypto community may have to lower its expectations for a while longer before this record is broken. According to Santiment, there are currently […]
Polymarket Predicts 61% Chance of 2024 Bitcoin All-Time High, 17% for $100K
With bitcoin trading above $65K, crypto enthusiasts are anticipating big price moves in October. Many still believe BTC will exceed its all-time high before the year ends. On Polymarket, a blockchain-powered predictions platform, the odds currently show a 61% chance that bitcoin will top the record it set seven months ago. Polymarket Bettors: Bitcoin Record […]
Bitcoin Holds Above $65,000 Due To Trader Hesitation
Bitcoin (BTC) rises as it surpasses its $65,000 price target. Price analysis by Coinidol.com. BTC price long term forecast: bullish Today, the bulls broke through the $65,000 mark and reached a high of $66,158. Nonetheless, Bitcoin is capable of rising if the bulls can hold the $65,000 support. If the positive momentum continues, Bitcoin could […]
Imminent BTC price breakout; Bitcoin forming path to $350,000 spike
Imminent BTC price breakout; Bitcoin forming path to $350,000 spike Paul L. Cryptocurrency Sep 29, 2024 Share As Bitcoin (BTC) seeks to reclaim the $70,000 resistance, a prominent analyst has suggested there is room for more excitement as the maiden cryptocurrency is building momentum toward a six-figure record high. Precisely, the analyst has termed the […]
Michael Saylor Epic 99% Bitcoin Prediction Stuns Crypto Community
Michael Saylor, the co-founder and chairman of MicroStrategy, has once again captured the attention of the cryptocurrency space with a BTC prediction. In a recent tweet, Saylor predicted that “99% of Bitcoin will be mined by January 2, 2035.” Because Bitcoin can only be created through mining, all BTC in existence are those that have […]
Ripple to unlock 1 billion XRP on October 1; What’s next?
Ripple to unlock 1 billion XRP on October 1; What’s next? Vinicius Barbosa Cryptocurrency Sep 29, 2024 Share Ripple will unlock 1 billion of non-circulating XRP on October 1. This will happen as more monthly escrows from the token’s initial distribution reach finality, adding fuel to the company’s sales. At current prices, the unlock’s nominal […]
OpenAI o1 predicts Bitcoin price for the 2024 ‘Uptober’
OpenAI o1 predicts Bitcoin price for the 2024 ‘Uptober’ Vinicius Barbosa Cryptocurrency Sep 29, 2024 Share Since 2013, Bitcoin (BTC) has experienced positive returns in October for nine out of eleven years, rendering the “Uptober” moniker. As September ends, Finbold turned to OpenAI’s artificial intelligence (AI) model, o1, for a price prediction based on historical […]
Bitcoin at risk as investors interest is ‘worse than bear market’ lows
Investors anticipating a possible continuation of Bitcoin’s (BTC) rally to reclaim the $70,000 level might have to wait longer as the general market sentiment is not fully bullish. Specifically, Bitcoin is facing dwindling interest from investors, with search volumes reflecting levels lower than those seen during the most challenging bear markets, according to data shared […]