In a strategic move that has effectively caught the attention of the crypto space, Microstrategy has once more fortified its Bitcoin portfolio, strengthening its position as the largest corporate holder of BTC globally. MicroStrategy Boost BTC Holdings In a recent filing on December 27, the United States Securities and Exchange Commission (SEC) announced that business…
A recent market update by the trading firm QCP Capital has provided insights into how Bitcoin’s price would react if a Spot Bitcoin ETF gets approved in January. The firm predicts that there could be a major retracement before any move to the upside. Bitcoin Could Retrace To $36,000 QCP Capital predicts that Bitcoin could…
Billionaire Tim Draper has predicted a new all-time high for Bitcoin, foreseeing a staggering $250,000 rise for the cryptocurrency in 2024. Bitcoin To Reach $250,000 In a recent exclusive interview with Coin Bureau, a crypto informational portal, American venture capital investor, Tim Draper and Co-founder and CEO of Real Vision, Raoul Paul shared compelling insights…
The bulls seem to be back in control following the return of the Bitcoin price to above $43,000 this past week. This positive run comes on the back of a period where the premier cryptocurrency struggled, falling below $41,000 at some point. However, the market leader appears to have regained most of its lost momentum,…
The former CEO and co-founder of crypto exchange BitMEX, Arthur Hayes, has shared his thoughts on what could lead to Bitcoin’s downfall. His recent comment also echoes the reservation that the crypto founder has about the potential launch of Spot Bitcoin ETFs. TradFi Could Lead To Bitcoin’s Downfall In his last article for the year,…
The flagship cryptocurrency, Bitcoin, seems to be cooling off following months of experiencing a resurgence on the back of the Spot Bitcoin ETF potential approval rumors. This has led to concerns that the rally might be over, a theory that is boosted by the recent action of the largest holders of the crypto token. Bitcoin…
A report by K33 research analysts has provided insight into how much institutional investors’ appetite for Bitcoin has increased ahead of a potential approval of a Spot BTC ETF. The research firm emphasized a particular indicator to drive home their point and provided further insight into what the future holds if these ETFs get approved.…
The anticipation around a potential approval of a Spot Bitcoin ETF is still high among crypto investors. This anticipation has been one of the main drivers of the price rally that has been witnessed over the last two months. Despite the United States Securities and Exchange Commission (SEC) postponing its decision on multiple spot ETF…
Bitcoin is walking back on some of its gains over the past few days. The number one cryptocurrency by market cap might be on the verge of a more significant retracement, which could push it back to the $30,000 zone. As of this writing, Bitcoin (BTC) trades at $40,950 with a 2% loss in the…
VanECK’s CEO, Jan van Eck, had so much to say about Bitcoin in a recent interview. One of the highlights was his prediction as to when the flagship cryptocurrency will once again hit its all-time high (ATH) of $69,000. When Bitcoin Will Hit $69,000 Again In an interview with CNBC, Jan Van Eck stated that…