Bitcoin has a $250,000 target for after its next block subsidy halving — but new all-time highs will come sooner. That is the latest BTC price prediction from BitQuant, the
Continue readingBitcoin price all-time high will precede 2024 halving — New prediction
A technical analysis indicator shows extreme oversold conditions in bitcoin as surging bond yields weigh over risk assets, including cryptocurrencies. Bitcoin’s 14-day relative strength index (RSI) has dropped well below
Continue readingBitcoin Looks Most Oversold Since Covid Crash, Key Indicator Suggests
Bitcoin has encountered an unexpected surge in selling pressure following the latest release of the United States Federal Open Market Committee (FOMC) meeting minutes. While most officials agreed to maintain
Continue readingSelling Pressure Threatens Bitcoin Support Levels Following FOMC Meeting
Bitcoin is Comfortable at $30K Most major digital assets are beginning the East Asia trading day well into the green, as positive economic data from the U.S. buoyed markets. Bitcoin
Continue readingFirst Mover Asia: Bitcoin Maintains $30K as ‘the Economy Isn’t Breaking Just Yet’
After a whirlwind November for Bitcoin (BTC), certain on-chain and Bitcoin price metrics are suggesting that BTC’s bottom could occur in December. In Capriole Investments’ latest report, they provide analysis
Continue readingBitcoin on-chain data shows 5 reasons why the BTC bottom could be in
Can Bitcoin become a weapon of war? First, Russia-Ukraine, and now Palestinians in the Gaza Strip are showing interest in Bitcoin and other cryptocurrencies. While the answers may become obvious,
Continue reading‘Weapon of War’ in the Ongoing Israeli-Palestinian Conflict
Michael J. Burry, the financial wizard who was portrayed in the movie “The Big Short”, is known for predicting crises. For instance, his investment fund made billions from the 2008
Continue readingWhat will happen to Bitcoin and Ethereum if traditional markets break?
When I read through nChain’s recently published CBDC playbook, I stumbled on quite an interesting part. On page 8 of the document, nChain presents the basics a functioning CBDC should follow,
Continue readingBitcoin and CBDC: Co-existence of private money
Bitcoin (BTC) crossed under $20,000 after the Sept. 27 Wall Street open as United States equities inched higher. U.S. dollar has room to run — trader Data from Cointelegraph Markets
Continue readingBitcoin price loses $20K as trader warns US dollar ‘not quite topped out’