The Bitcoin (BTC) market has been on a wild ride recently, hitting a new all-time high (ATH) before experiencing notable volatility that resulted in an 8% drop to the $65,500 level on Friday. Meanwhile, Marathon Digital, one of the largest US-based Bitcoin mining companies, is preparing to acquire more power infrastructure and streamline operations to…
Bitcoin has sailed through its US$60,000 resistance -with market observers saying it has a free run to a new all time high within the next 12 months. Today has been an especially volatile day, in an already volatile week. The price of Bitcoin has surged beyond $63,000. While still not a new all-time-high, it is…
Bitcoin has sailed through its US$60,000 resistance -with market observers saying it has a free run to a new all time high within the next 12 months. Today has been an especially volatile day, in an already volatile week. The price of Bitcoin surged to $63,000 on Wednesday. While still not a new all-time-high, it…
Amid a significant Bitcoin price rally, reaching a new two-year high of $52,000, a renowned social media account known as WhaleWire has made a startling prediction. The account, widely followed for its bold statements and news postings, has forecasted a staggering 99.99% chance of Bitcoin falling below $10,000, directly challenging the prevailing bullish sentiment. Clash…
It's a Valentine's Day gift to Bitcoiners - Bitcoin has sailed through its US$52,000 resistance -with market observers saying it has a free run to a new all time high within the next 12 months. Bitcoin hit $52,000 today – its highest price since December 2021, giving Bitcoin Bulls a big dose of Valentine’s Day…
In an unexpected end to the week, Bitcoin has sailed through its US$48,000 resistance -with market observers saying it has a free run to a new all time high within the next 12 months. Bitcoin hit $48,200 today – its highest price since December 2021. After 17 days of trading, the BlackRock iShares Bitcoin Trust…
In an unexpected end to the week, Bitcoin has sailed through its US$45,000 resistance -with market observers saying it has a free run to a new all time high within the next 12 months. Bitcoin hit $46,400 today – its highest price since December 2021. After 17 days of trading, the BlackRock iShares Bitcoin Trust…
In the past 14 days, the Bitcoin price has displayed a significant uptrend of 14.5%, signaling a resurgence in bullish sentiment. This rally comes as Bitcoin spot exchange-traded funds (ETFs) have been trading for nearly a month, with the market already factoring in this development. As a result, Bitcoin is back on its natural course,…
The Bitcoin price has experienced a notable shift as selling pressure mounts, with BTC bears gaining the upper hand. Asset manager Grayscale, the owner and manager of the Grayscale Bitcoin Trust (GBTC), is a significant contributor to this trend. Since the trading of spot Bitcoin exchange-traded funds (ETFs) began on January 12, Grayscale has been…
In the past month, the Bitcoin price has experienced a significant decline after reaching a 22-month high of $49,000. Currently, the largest cryptocurrency has fallen below the crucial $40,000 mark, raising concerns about the prospects of the ongoing bull run and the overall bullish market structure. However, there are indications that the bottom of the…