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 […]
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 […]
Beware: Cryptocurrencies to unlock $300 million supply this week Vinicius Barbosa Cryptocurrency Sep 29, 2024 Share Twelve cryptocurrencies will unlock nearly $300 million in previously non-circulating supply this week, raising concerns as sales could intensify. Among these unlocks, three projects alone will release over $220 million, to which traders and investors should give special attention. […]
Bitcoin is making headlines again as it inches closer to the $66,000 mark, hinting at a potential breakout after being stuck in a range for nearly seven months. Many investors are wondering: Is this the beginning of a massive rally that could push Bitcoin to $80,000? Or is it just another false alarm, setting up […]
iShares Bitcoin Trust leads the market with $21.3 billion AUM and a low 0.03% bid-ask spread. Grayscale’s ETHE ETF, with $4.2B in AUM, offers Ethereum exposure but with a high 2.5% fee. ProShares BITO provides income generation through Bitcoin futures, with recent dividends of $1.21 per share. The growth of cryptocurrency ETFs has been remarkable […]
Bitcoin price has done modestly well this week as it soared to $66,000, rising to its highest level since July 31. Bitcoin moves into bull market Bitcoin (BTC) recovery coincided with the surge of the most risky assets like altcoins and equities. The Dow Jones and the S&P 500 index have jumped to a record […]
Matt Hougan, Chief Investment Officer at Bitwise, believes that Bitcoin’s price could skyrocket to $100,000 or even $200,000 in the near future due to high demand and limited supply. Hougan explained in a recent interview that Bitcoin’s meteoric rise of up to 50% this year alone is due to the intense interest in new spot […]
With $12 billion inflows into a Bitcoin ETF, the price went from $45,000 to $74,000, which is 41, a perfect money multiplier on market capitalization. The $16 billion cash redistribution planned for this Q4 2024 can easily push Bitcoin past $100k if a part of it goes into bitcoins. In addition to stable ETF inflows, […]
Prominent Bitcoin supporter and JAN3 boss Samson Mow has endorsed the world’s largest cryptocurrency in his latest tweet, underscoring the feature that ensures Bitcoin’s scarcity. Bullish tweet on Bitcoin scarcity by Mow Samson Mow shared a short video with his brief participation, which reminds the community that there are only 21,000,000 Bitcoins. This makes is […]
Bitcoin price must clear this level before a ‘solid run up to $100,000’ Paul L. Cryptocurrency Sep 28, 2024 Share After Bitcoin (BTC) claimed its all-time high of above $73,000 in early 2024, most investors have set their target on the $100,000 mark as the next record valuation for the maiden cryptocurrency. Now, a trading […]