Dogecoin price set for ‘parabolic move’, according to analyst Jordan Major Cryptocurrency Nov 1, 2024 Share Currently priced at $0.1622 after a 5% fall on the 24-hour chart, Dogecoin (DOGE) still has surged 50.10% over the past month and climbed 16.36% in the last week. Over the past year, Dogecoin has outpaced Bitcoin and Ethereum […]
With the US presidential election just days away, both Bitcoin (BTC) and gold prices are increasing as market participants and analysts make their predictions on possible outcomes. Investors see these assets as a buffer, predicting that a win for former President Donald Trump could boost certain market sectors. Wealth Alliance President and CEO Eric Diton […]
Ryan Lee, the chief analyst at Bitget Research, observed that while Bitcoin exchange-traded funds play a major role in driving demand, multiple factors are contributing to Bitcoin’s momentum. Since January 2024, when spot Bitcoin (BTC) ETFs began trading in the U.S., the market has witnessed massive inflows. These investment products have accumulated over $24 billion […]
U.S.-listed Bitcoin exchange-traded funds have rapidly accumulated tens of billions in assets, reaching half that held by gold ETFs in record time. Since launching in January 2024, Bitcoin ETFs have attracted substantial inflows, totaling $23.89 billion and $70 billion in total net assets, per data from SoSoValue. By comparison, total net assets for U.S.-listed gold […]
BlackRock’s spot Bitcoin ETF, the IBIT fund, continues to be a preferred option for financial investors. The fund attracted around $318 million in net inflows on Oct. 31 despite Bitcoin’s price falling 4% to $68,800. The inflow followed IBIT’s record-breaking performance of $875 million on Oct. 30, which exceeded its previous high of $849 million. […]
Peter Schiff warns that Microstrategy’s $42 billion plan to boost bitcoin holdings, funded by debt and equity, risks a dangerous liquidity trap. He called Michael Saylor “the Egg Man.” Liquidity Trap Looms? Schiff’s Ominous Message for Microstrategy’s Bold Plan Economist and gold advocate Peter Schiff has called out Microstrategy executive chairman Michael Saylor’s latest bitcoin […]
The price of Bitcoin briefly dipped below $70,000 Thursday after closing in on a new all-time high earlier in the week. On Tuesday, the asset nearly beat its March record of $73,737. It then traded sideways before dipping on Thursday. Over the past 24 hours, the world’s largest crypto fell 2.8% to $70,300. CoinGecko data […]
Nexo announces a major rebrand as an all-encompassing digital asset wealth platform Marko Marjanovic Cryptocurrency Oct 31, 2024 Share Nexo, a leading digital asset institution, has announced a major rebrand, transitioning from a crypto lender to an all-encompassing digital asset wealth platform, as revealed to Finbold on Thursday, October 31. The rebrand coincides with the […]
Bitcoin set to make the highest monthly close ever Paul L. Cryptocurrency Oct 31, 2024 Share Bitcoin (BTC) is on course to realize the ‘Uptober’ phenomenon, with the maiden cryptocurrency set to achieve a monthly close on record. Indeed, this momentum emerged after Bitcoin began the month by posting a lackluster performance as bulls battled […]
Prominent trader Henrik Zeberg has predicted that the price of Bitcoin, the leading cryptocurrency, could skyrocket to as much as $123,000. After completing a long consolidation phase, Bitcoin will eventually surge above its current all-time high of roughly $74,000, which was achieved back in March, according to Zeberg’s prediction. Following this breakout, Bitcoin is then […]