Bitcoin ($BTC)

Bitcoin was the first cryptocurrency to ever be created. It’s an open-source, decentralized, peer-to-peer cryptocurrency created by Satoshi Nakamoto, an unknown person or group, who first introduced BTC (or XBT) to the world through an email sent to a cryptography mailing list .

It functions without a central bank or centralized administrator, and its transactions are semi-anonymous. New bitcoins are introduced to the market through a mining process, which rewards those that secure the network through what’s known as a proof-of-work (PoW) consensus algorithm.

Bitcoin’s maximum supply is capped at 21 million, and the very last BTC is expected to be mined in 2140.

Bitcoin ($BTC)

Crypto Market Dives into ‘Extreme Fear’ as Bitcoin Slips to $53,000 Level

Sentiment in the cryptocurrency market has dipped into “extreme fear” after the price of the flagship cryptocurrency Bitcoin ($BTC) dropped to $53,500 in a massive downturn that has seen the space’s total market capitalization dip below the $2 trillion mark. The Crypto Fear & Greed Index, which serves as an aggregate for investor confidence and […]
Bitcoin ($BTC)

Bitcoin’s Path to $130,000? Analyst Sees ‘Massive’ Bullish Signs After Short-Term Holders Offload $36 Billion

The price of the flagship cryptocurrency Bitcoin ($BTC) has been steadily falling over the last few days after hitting a $64,000 high late last month. It’s now trading at $56,00 but, according to one popular analyst, it could soon surge to surpass the $130,000 mark. According to a post published by cryptocurrency analyst MetaShackle on […]
Bitcoin ($BTC)

Wall Street Giant Morgan Stanley Reveals Bitcoin ETF Exposure in Institutional Fund

Morgan Stanley has increased its exposure to the flagship cryptocurrency Bitcoin, as the investment giant has revealed a 2.1% allocation to BlackRock’s spot Bitcoin ETF, IBIT, in its Institutional Fund. In a recent filing with the U.S. Securities and Exchange Commission (SEC), the financial giant revealed the fund has net assets of over $10 million, […]
Bitcoin ($BTC) Donald Trump

Bitcoin Could Hit $400,000 Before the End of this Cycle if Trump Wins and Keeps His Crypto Promises, Predicts Serial Entrepreneur Mark Moss

In a recent interview with Michelle Makori, Lead Anchor and Editor-in-Chief at Kitco News, Mark Moss, host of the ‘Mark Moss Show’ and Partner of the Bitcoin Opportunity Fund, discussed his bullish outlook on Bitcoin, predicting that its price could reach $1 million by 2030. Moss laid out his reasoning behind this forecast, sharing the […]
Bitcoin ($BTC) Ethereum ($ETH)

$290 Billion Swiss Banking Giant Launches Bitcoin and Ether Trading Services

One of Switzerland’s largest financial institutions, Zürcher Kantonalbank, which manages over $290 billion in assets, has begun offering its clients the ability to trade, hold, and custody Bitcoin and Ethereum via the bank’s existing mobile app, ebanking, and other channels. ZKB’s decision to embrace crypto aligns with Switzerland’s generally positive stance on digital assets. The […]
Bitcoin ($BTC)

Panic Selling? Short-term Bitcoin Holders Offloaded $36.6 Billion in BTC

Since the middle of August a specific cohort of Bitcoin investors, those holdings onto the cryptocurrency for shorter periods of tie, have offloaded 642,366 BTC, worth more than $36.65 billion, onto the market. According to data from cryptocurrency analytics firm Glassnode shared by popular analyst Ali Martinez, the amount of Bitcoin held by short-term holders […]
Bitcoin ($BTC)

Bull Run? Bitcoin Bearish Signal Points to Potential Drawdown to $14,000 Level

The price of the flagship cryptocurrency Bitcoin (BTC) has fallen by more than 5% over the past week to now trade at around $56,500 after trading above the $64,000 late last month. A technical indicator, however, is now suggesting it can keep on dropping. According to popular cryptocurrency analyst Ali Martinez, Bitcoin’s 2-month chart shows […]
Altcoins Bitcoin ($BTC)

Crypto Investment Products See $305 Million in Outflows as US Economic Data Dims Larger Rate Cut Hopes

Cryptocurrency investment products saw over $300 million of outflows over the past week over “stronger-than-expected economic data” in the United States, with the data coming amid “widespread negative sentiment evident across various providers and regions.” According to CoinShares’ latest Digital Asset Fund Flows report, cryptocurrency investment products saw $305 million of ouflows over the past […]
Bitcoin ($BTC) Mining

Bankrupt Bitcoin Mining Firm Receives Court Approval to Borrow in Either USD or BTC

Rhodium Enterprises, Inc., a Bitcoin mining firm that filed for bankruptcy on August 24, has received court approval for an unconventional financing plan as it navigates Chapter 11 bankruptcy proceedings. According to a Bloomberg report, the firm has been granted the option to borrow funds in either US dollars or Bitcoin, a rarity in the […]
AI Bitcoin ($BTC)

IREN Co-CEO: Bitcoin Is Gold 2.0 and Right Now It Is ‘Just Building Its Track Record’

On August 30, during an interview on CNBC’s “Closing Bell Overtime,” Dan Roberts, co-founder and co-CEO of IREN (formerly Iris Energy), discussed the company’s innovative approach to integrating AI with Bitcoin mining. Roberts highlighted how IREN is leveraging its significant data center capacity, powered entirely by renewable energy, to not only mine Bitcoin but also […]
Bitcoin ($BTC) Gold US stock market

Investment Strategist Warns: S&P 500 May Mirror 2007 Before a Massive Drop

In a recent interview on the David Lin podcast, investment strategist Gareth Soloway observed that the S&P 500 is showing patterns similar to those seen in 2007. He pointed out that the market has experienced drops followed by rebounds, which, in his view, could lead to a new all-time high before a significant downturn. Soloway […]
Bitcoin ($BTC)

Bitcoin-Backed Loans: A Solution for Long-Term Holders, Says Ledn CEO

Adam Reeds, CEO and co-founder of Bitcoin lending platform Ledn, recently shared his insights on the potential of Bitcoin-collateralized loans in an interview with Cointelegraph. He highlighted the challenges faced by long-term Bitcoin holders who wish to access liquidity without selling their assets. According to Reeds, many early Bitcoin adopters are hesitant to part with […]
Bitcoin ($BTC)

Osprey Bitcoin Trust (OBTC) to Transfer Assets to Bitwise Bitcoin ETF (BITB) Pending Approval

Osprey Funds, LLC, the sponsor of the Osprey Bitcoin Trust (OTCQX: OBTC), along with Bitwise Asset Management, the operator of the Bitwise Bitcoin ETF (BITB), jointly announced in a press release issued on August 27 that they have entered into an Asset Purchase Agreement. This agreement will result in BITB acquiring the assets of the […]
Bitcoin ($BTC)

CME Group’s Latest Bitcoin Product Makes BTC Futures More Affordable for Retail Investors

CME Group has announced plans to launch Bitcoin Friday futures (BFF) on September 30, subject to regulatory approval. These new weekly futures contracts will be sized at 1/50 of one bitcoin and will be cash-settled using the CME CF Bitcoin Reference Rate New York Variant (BRRNY) every Friday at 4:00 p.m. New York time. The […]
Bitcoin ($BTC) Gold US stock market

Bloomberg’s Mike McGlone Warns of a ‘Reset of a Lifetime’: Prepare for a Global Deflationary Recession

In a recent interview, Mike McGlone, a Senior Commodity Strategist at Bloomberg Intelligence, provided a sobering analysis of the current economic landscape. McGlone went into the concept of a “reset of a lifetime,” discussing the global deflationary recession he sees on the horizon, the performance of key assets like Bitcoin and gold, and the broader […]
Bitcoin ($BTC) Federal Reserve Gold

Gold or Bitcoin? Preparing for the Black Swan Event That Could Wipe Out Markets

In his recent interview with David Lin, Rick Rule, a seasoned investment strategist and commodities investor, shared his deep concerns about the Federal Reserve’s ability to manage the delicate balance between supporting economic growth and controlling inflation. He noted that while recent inflation readings have shown some moderation, he remains deeply concerned about the broader […]
Bitcoin ($BTC)

Bitcoin Is Not Yet a ‘Store of Value’ Asset, Says SkyBridge Capital Founder

On August 22, Anthony Scaramucci, founder and managing partner of SkyBridge Capital, participated in an interview on CNBC’s “Squawk Box,” where he shared his thoughts on Bitcoin and crypto in general. Scaramucci opened by discussing the Wyoming Blockchain Symposium, noting its strategic timing and location near the Federal Reserve’s central banking conference in Jackson Hole. […]
Bitcoin ($BTC) Mining

Bitfarms to Expand U.S. Presence with $125M Acquisition of Stronghold Digital Mining

Bitfarms is set to significantly expand its U.S. operations with the acquisition of Stronghold Digital Mining, aiming for 950 MW power capacity by late 2025. Bitfarms Ltd., a major player in the global Bitcoin mining industry, announced its plans to acquire Stronghold Digital Mining, Inc., a vertically integrated Bitcoin mining company with an emphasis on […]
Bitcoin ($BTC)

Bitcoin Derivatives Signal Potential Short Squeeze Amid Bearish Market Sentiment: Report

A recent analysis from K33 Research, as reported by Bloomberg, highlights a growing risk of a short squeeze in the Bitcoin market, which could lead to sudden price surges in the world’s largest cryptocurrency. This warning comes as the Bitcoin derivatives market, particularly the perpetual futures segment, shows signs of increasing bearish sentiment among speculators. […]
Bitcoin ($BTC)

Custodia Bank CEO Caitlin Long Explains Why Bitcoin’s Future is More Secure Than Ever

In an appearance on CNBC’s “Power Lunch” on August 20, Custodia Bank CEO Caitlin Long shared her insights on the current state of the crypto sector and her outlook on Bitcoin. Her comments provided a detailed perspective on what is special about Bitcoin and the unique position of Wyoming as a crypto hub in the […]

Swiss Digital Asset Bank Sygnum Issues Crypto Industry’s First-Ever Bitcoin-Backed Syndicated Loan

On August 20, Sygnum, a digital asset banking group managing approximately $4.5 billion in client assets, and Ledn, a prominent crypto lender, announced the launch of what they called the industry’s first Bitcoin-backed syndicated loan. This $50 million loan, syndicated among Sygnum’s institutional clients, aims to enhance liquidity in both the cryptocurrency sector and the […]

How AI Can Help Bitcoin Mining Companies Become More Profitable, Explains VanEck’s Matthew Sigel

On August 19, Matthew Sigel, Head of Digital Assets Research at VanEck, appeared on CNBC’s “Fast Money” to discuss the intersection of artificial intelligence (AI) and Bitcoin mining, as well as the broader dynamics of the cryptocurrency market. Bitcoin Miners vs. Bitcoin Performance Sigel began by highlighting a significant divergence between the performance of Bitcoin […]

Could Bitcoin Replace Gold? Blockstream CEO Explores Its Potential as a New Financial Standard

At the recent BTC Prague conference, Anna Tutova, CEO of Coinstelegram, had an insightful conversation with Dr. Adam Back, CEO of Blockstream and a key figure in the development of Bitcoin. Back shared his perspectives on Bitcoin’s journey, its decentralization, and the implications of spot Bitcoin ETFs. Back is a prominent British cryptographer and computer […]

Why the U.S. Government Having a Large Strategic Bitcoin Reserve Is Dangerous, Explains Macro Analyst and Investor

On 27 July 2024, former U.S. President Donald Trump gave a highly-anticipated speech at the Bitcoin 2024 conference in Nashville, United States. During his pro-crypto speech, he said that the U.S. government is one of the largest holders of Bitcoin and promised—should he win the U.S. presidential election in November—to hold 100% of all the […]

Bitcoin Mining Stocks Plunge as Network Hashrate Surges, Squeezing Profit Margins: JPMorgan Report

Bitcoin mining stocks have reportedly faced significant setbacks in the first two weeks of August, reversing gains linked to artificial intelligence (AI) hype as the network hash rate surged. According to an article by Will Canny for CoinDesk, citing a research report released by JPMorgan last Friday, the rising hash rate has pushed mining profitability […]

Bitcoin and Tether Advocate Howard Lunick, CEO of Cantor Fitzgerald, Is Added to Trump’s Transition Team

Donald Trump has appointed Cantor Fitzgerald CEO Howard Lutnick and WWE co-founder Linda McMahon to jointly chair his presidential transition team, as announced by his campaign on Friday, according to a report by Bloomberg. The transition team also includes Ohio Senator JD Vance, Trump’s running mate, and Trump’s sons, Eric and Donald Jr., as honorary […]

Several U.S. Exchanges Withdraw Their Proposals for Options on Spot Bitcoin ETFs

According to a report by Sarah Wynn for The Block, Nasdaq ISE, LLC has officially withdrawn its proposals to list and trade options on spot Bitcoin and Ethereum exchange-traded funds (ETFs). The notices were filed on the U.S. Securities and Exchange Commission’s (SEC) website, indicating that Nasdaq ISE withdrew these proposals on Tuesday. Nasdaq ISE […]

Defiance ETFs Launches First U.S. Leveraged MicroStrategy ETF, Amplifying Bitcoin Exposure

The U.S. has seen the introduction of its first Bitcoin-related leveraged exchange-traded fund (ETF) with the launch of MSTX by Defiance ETFs, marking another significant milestone in the adoption of cryptocurrency among institutional investors. Founded in 2018, Defiance ETFs has established itself as a prominent ETF issuer specializing in income and thematic investing. The company […]

Institutional Investors Show ‘Diamond Hands’ as Spot Bitcoin ETF Adoption Grows in Q2, Reports Bitwise CIO

In a revealing social media post on August 14, Matt Hougan, Chief Investment Officer at Bitwise Asset Management, shared his initial analysis of the Q2 Bitcoin ETF 13-F filings with the U.S. SEC. Let’s dive into the key takeaways from Hougan’s observations. Institutional Interest Continues to Grow Despite a downturn in Bitcoin prices during Q2, […]

U.S. Government Moves Nearly $600 Million in Seized Bitcoin: What’s Behind the Massive Transfer?

The U.S. government has made a substantial move with its seized digital assets. According to a recent report by CoinDesk, blockchain data from Arkham Intelligence reveals that 10,000 bitcoins related to the infamous Silk Road case have been transferred to Coinbase Prime, the institutional arm of the major cryptocurrency exchange. CoinDesk reports that the transfer, […]

Betting on Bitcoin: Goldman Sachs Unveils $418M Stake in Spot Bitcoin ETFs

Goldman Sachs has disclosed a $418 million stake in spot Bitcoin exchange-traded funds (ETFs), with exposure to a total of seven different of these products and the largest stake being in BlackRock’s iShares Bitcoin Trust. The investment bank’s quarterly filing revealed a particularly large position in BlackRock’s iShares Bitcoin Trust, valued at nearly $240 million, […]

Spot Bitcoin ETFs Saw Over $19 Billion of Inflows Year-to-Date, Data Shows

Spot Bitcoin exchange-traded funds (ETFs) have seen inflows of over $19.3 billion so far this year in a “surprisingly strong” trend as these funds amass a significant amount of BTC, further adding supply-side pressure to the market. According to Bloomberg Senior ETF analyst Eric Balchunas, BlackRock’s iShares Bitcoin Trust (IBIT) has led in inflows with […]

Mt. Gox Trustee Prepares for Creditor Payouts with Test Bitcoin Transfers

On August 13, a crypto wallet, recently infused with $2 billion worth of Bitcoin (BTC) from the defunct Mt. Gox exchange’s trustee, reportedly conducted test transactions, signaling potential preparation for creditor payouts. Blockchain analytics firm Arkham Intelligence made this observation. According to Arkham analysts, the wallet involved in the transaction is likely linked to BitGo, […]

$53 Billion in Stablecoins Flowing to Exchanges Daily Hints at Potential BTC Price Surge

A recent uptick in the flow of leading stablecoins USDC and USDT to centralized cryptocurrency trading platforms is raising eyebrows among market analysts. The trend could potentially be a precursor to BTC price rises. According to Alex Adler Jr, a cryptocurrency analyst at crypto analytics firm CryptoQuant, the average monthly inflow of USDC and USDT […]

Bitcoin’s Growing Dominance Poised to Trigger a ‘Violent’ Market Collapse, Expert Predicts

The price of the flagship cryptocurrency Bitcoin ($BTC) has struggled to surpass the $60,000 mark after it started recovering from a low under the $50,000 mark earlier this month, but its dominance of the space is growing, which could lead to a “violent” crash. According to popular cryptocurrency analyst Mikybull Crypto, Bitcoin’s share of the […]

From Bitcoin to Solana: Canadian Crypto Investment Firm Cypherpunk’s New Direction Explained by CEO Leah Wald

Cypherpunk Holdings is a Canadian investment firm with a strong focus on the blockchain and cryptocurrency industry. The company specializes in identifying and investing in innovative blockchain technologies, companies, and emerging protocols within the digital asset space. Cypherpunk Holdings operates as a strategic holding company, allocating capital to projects that contribute to the growth and […]

Metafide CEO Predicts Bitcoin to Hit $100K and Ethereum $4K by Year-End

On August 13, Frank Speiser, the CEO of Metafide, shared his insights and predictions on Bloomberg TV during an interview with Tim Stenovec and Katie Greifeld. Speiser predicted that Bitcoin could reach $100,000 by the end of 2024, a significant increase from its current trading value of just under $60,000. He attributed this potential rise […]

Marathon Digital Is Following MicroStrategy’s PlayBook to Buy Another $250 Million Worth of Bitcoin

On August 12, Marathon Digital Holdings, Inc. (NASDAQ: MARA), one of the world’s largest Bitcoin mining firms, announced its plans to privately offer $250 million in convertible senior notes due 2031. This offering, which will be made to qualified institutional buyers under Rule 144A of the Securities Act of 1933, is subject to market conditions […]

Gold Rises Amid Geopolitical Tensions As Bitcoin Faces Challenges as a Mainstream Hedge

As geopolitical tensions rise, investors are increasingly gravitating towards safer assets. Gold, a traditional safe haven, has outshined Bitcoin, particularly during recent market volatility, according to a report by Brian McGleenon for The Block published earlier today. Meanwhile, Kitco News says gold prices have surged, bolstered by a combination of favorable external market factors and […]

Morgan Stanley Must Have a ‘Death Wish’ to Tell Its 15000 Advisors to Push Spot Bitcoin ETFs, Says Former U.S. SEC Lawyer

On August 7, Morgan Stanley, a major player in wealth management, began allowing its 15,000 financial advisors to offer two spot Bitcoin ETFs to their qualified clients. These ETFs, BlackRock’s iShares Bitcoin Trust and Fidelity’s Wise Origin Bitcoin Fund, represent a significant milestone in the integration of Bitcoin into mainstream finance. This move underscores the […]

‘Bitcoin Is Not Yet Mature Enough To Take On the Role of a Safe Haven Asset,’ Says Crypto Advocate

During a recent interview with CNBC, Nik Bhatia provided a deep and nuanced understanding of Bitcoin’s role within the financial ecosystem. Nik Bhatia is a recognized financial expert, author, and educator with a strong focus on Bitcoin and macroeconomic analysis. He is the founder of The Bitcoin Layer, a research platform that offers insights into […]

Bitcoin’s Volatility Is a Feature, Not a Bug, Argues MicroStrategy (NASDAQ: MSTR) Co-Founder

On August 9, Michael Saylor, the Co-Founder and Executive Chairman of MicroStrategy, gave an enlightening interview on Fox Business. Known for his strong advocacy of Bitcoin, Saylor shared his thoughts on the current state of Bitcoin, its future potential, and the broader implications of digital finance for investors, corporations, and nations. Saylor began by addressing […]

Bitcoin Miner Reserves Drop to Three-Year Low as Death Cross Looms

Bitcoin miners has significantly reduced their BTC reserves over the last few months, to the point they’re not at their lowest level since January 2021, when the cryptocurrency’s price exploded from around $25,000 to over $69,000 before entering a downturn. The total amount of Bitcoin held by miners has plummeted to a three-year low as […]

‘U.S. Dollar Is Moving Towards Becoming an Unhinged Paper Currency’, Says Renowned American Economist Dr. Arthur Laffer

In a recent interview with Michelle Makori of Kitco News, renowned economist Dr. Arthur Laffer shared his thoughts on the future of the U.S. dollar, de-dollarization, global payment alternatives, and the current economic policies under the Biden administration. Arthur Laffer is an influential American economist best known for his development of the Laffer Curve, a […]

Bitcoin Faces Impending ‘Death Cross’ After Plunge Below $60,000

The price of the flagship cryptocurrency Bitcoin ($BTC) has dropped by more than 10% over the past week to now trade at around $57,500 per coin, but the price drop saw the cryptocurrency teetering on the brink of a bearish technical pattern known as the “death cross.” The cryptocurrency’s price action, according to a chart […]

MicroStrategy Chair Explains Why They Did Not Buy the Dip When Bitcoin Price Recently Fell Below $50K

On August 7, Michael Saylor, the executive chair and co-founder of MicroStrategy Inc. (NASDAQ: MSTR), appeared on Bloomberg Television to discuss the merits of Bitcoin as a superior option for long-term capital management. His insights were profound, emphasizing Bitcoin’s unique characteristics and its potential to revolutionize how we perceive and handle capital. During the interview, […]

$BTC: Why ‘Black Swan’ Author Nassim Taleb Is Not Impressed by Bitcoin

On August 6, Nassim Taleb joined CNBC’s “Squawk Box” to share his insights on Bitcoin, market trends, and speculative assets. The conversation provided a deep dive into Taleb’s critical views on Bitcoin and the nature of speculative markets. Nassim Taleb, born on 12 September 1960 in Lebanon, is a distinguished scholar, author, and former trader […]

Cryptocurrency Whale Nets $15.5 Million in Little Over a Year Selling Wrapped Bitcoin

A cryptocurrency investor has reaped a windfall of approximately $15.5 million after selling wrapped Bitcoin (WBTC), a token representing the flagship cryptocurrency on Ethereum Vitrtual Machine (EVM) compatible networks, that they acquired over a year ago. According to on-chain analytics service Lookonchain, the savvy cruptocurrency whale bought 721 WBTC on leading cryptocurrency exchange Binance between […]

Ethereum Underperforms: ETH/BTC Ratio Hits Lowest Level Since April 2021

The second-largest cryptocurrency by market capitalization Ethereum ($ETH) has significantly underperformed Bitcoin in recent months to the point the ETH/BTC ratio, a key indicator of the relative strength of the two cryptocurrencies, has plummeted to its lowest level since April 2021, reaching a precarious 0.044. According to data shared by leading institutional digital asset data […]

‘Unprecedented’ Bitcoin Accumulation: Permanent Holders Amass $23 Billion in 30 Days

A mysterious buying spree has gripped the Bitcoin market, with the permanent holders accumulating nearly $23 billion worth of the cryptocurrency over the past month amid a surge in demand that has sparked speculation. According to on-chain data shared by the CEO of popular cryptocurrency analytics firm CryptoQuant, Ji Young Ju, there was a dramatic […]

Incoming Rally? Trader Who Predicted 2021 Crypto Crash Foresees ‘4th Quarter Fireworks’ For Bitcoin

A seasoned cryptocurrency trader who is well-known in the space for accurately predicting the May 2021 market crash has recently revealed he is optimistic about Bitcoin’s performance in the last quarter of the year. The pseudonymous cryptocurrency trader Dave the Wave told his over 145,000 followers on the popular microblogging platform X (formerly known as […]

‘Extreme Fear’: Crypto Market Plunge Sends Fear Index to Two-Year Low

A massive cryptocurrency market sell-off earlier this week saw the market’s Crypto Fear & Greed Index plunge into its lowest level in two years signaling “extreme fear” among investors for the first time since July 2022. The index, which utilizes multiple sources, including social media, to produce a relative number that reflects investor sentiment, has […]

Buying Frenzy: Bitcoin Whales Scoop Up $1.62 Billion Worth of BTC in Two Days After Massive Price Drop

Bitcoin’s recent price decline has spurred a buying frenzy among the cryptocurrency’s largest investors, colloquially known as whales, which accumulated approximately $1.62 billion worth of the cryptocurrency in just 48 hours. According to data from on-chain analytics firm Santiment shared by popular cryptocurrency analyst Ali Martinez, these high-net-worth investors bought 30,000 BTC in the span […]

Trump’s Embracing of Crypto Raises Financial Stability Concerns: The New Yorker

In a recent article, The New Yorker’s John Cassidy unveils a startling development in the 2024 U.S. presidential race: Donald Trump’s unexpected pivot to become a champion of cryptocurrency, particularly Bitcoin. Trump’s Crypto Conversion The New Yorker reports that Trump, who in 2019 dismissed Bitcoin’s value as “based on thin air,” has now positioned himself […]

As Bitcoin Hovers Around the $62,000 Level, 10x Research Warns That the Worst Might Be Far From Over

A prominent crypto research firm has issued a stark warning about the future trajectory of Bitcoin prices. The firm suggests that the recent downward trend in Bitcoin’s value could be merely the prelude to a more significant decline, citing concerns about an impending economic downturn and Bitcoin’s potential decoupling from broader stock market trends. The […]

Bitcoin Price Prediction: Prominent Analyst Reveals Crucial Technical and Fundamental Indicators

In a video released on August 2, popular pseudonymous analyst and trader Crypto Jebb provides an in-depth analysis of the current bearish indicators in the Bitcoin market and what they mean for the future of the cryptocurrency. Introduction Jebb notes that Bitcoin has recently experienced a significant drop, falling to $64,000 and further to a […]

Bitcoin ETFs Bounce Back: $50 Million Daily Inflows Push Total Net Assets to $17.74 Billion

Spot Bitcoin exchange-traded funds have seen significant inflows after seeing significant selling pressure over the last two months. According to data from SoSo Value, spot Bitcoin ETFs have seen a daily total net inflows of over $50 million as of August 1, with a cumulative total net inflows that now stands at $17.74 billion. The […]

Morgan Stanley to Offer Spot Bitcoin ETFs to Select Clients: CNBC Report

Morgan Stanley has reportedly announced that it will soon permit its financial advisors to offer bitcoin exchange-traded funds (ETFs) to eligible clients, marking a significant milestone among major Wall Street banks. As CNBC reported a short time ago, beginning Wednesday (August 7), the firm’s 15,000 financial advisors will be able to present two spot Bitcoin […]

Prominent Analyst Projects Bitcoin’s Future Valuation Range: $700K to $24M

On August 1, popular crypto analyst Willy Woo shared his analysis on the potential future value of Bitcoin via a thread on the social media platform X (formerly known as Twitter). Woo began by addressing the unpredictability of Bitcoin’s ultimate price, noting that while no one can precisely predict this value, some mathematical estimations can […]

Bitcoin Exodus? BTC Exchange Outflows Signal Potential Bullish Momentum

The amount of the world’s largest cryptocurrency Bitcoin ($BTC) on exchanges has been seeing an increase in outflows “despite the fact that Bitcoin has entered into a fluctuation area since February.” According to analysis published by on-chain analytics firm CryptoQuant, there has been a steady rise in Bitcoin outflows from exchanges in recent weeks, in […]

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