Tag Archives: bitcoin

Bitcoin To $1 Million? Michael Saylor Laughs Off Crypto Winter Fears

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Bitcoin’s price outlook remains sky-high after Strategy founder Michael Saylor told Bloomberg on Tuesday that a market freeze won’t come back. He argued that growing demand and limited daily supply point straight to a rally toward $1 million. Supply And Demand Pressure According to Saylor, miners release only about 450 BTC each day. That adds… Continue reading Bitcoin To $1 Million? Michael Saylor Laughs Off Crypto Winter Fears→

Bitcoin Price Break Above $107,000 Triggers Bullishness, These Factors Will Drive A Faster Rise

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After days of testing a resistance zone at $106,000, Bitcoin has finally broken above the $107,000 mark to confirm a strong bullish momentum that has been building since early June. The breakout, which has seen Bitcoin reclaim $110,000 briefly in the past 24 hours, follows several failed attempts to close above this pivotal level.  Technical… Continue reading Bitcoin Price Break Above $107,000 Triggers Bullishness, These Factors Will Drive A Faster Rise→

Bitcoin Is Wildly Undervalued, Says Bitwise: ‘Fair Price’ Today Is $230,000

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Bitcoin is once again knocking on the door of price discovery, but researchers at Bitwise Asset Management argue that spot quotations still understate what the network is worth. In their Week 24 Crypto Market Compass circulated late Tuesday, Dr. André Dragosch, Bitwise’s Head of Research for Europe, and analyst Ayush Tripathi calculate that “quantitative models… Continue reading Bitcoin Is Wildly Undervalued, Says Bitwise: ‘Fair Price’ Today Is $230,000→

Is Bitcoin Headed For A Meltdown? Veteran Trader Sees 75% Crash Ahead

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Bitcoin’s recent price surge hasn’t stopped warnings of a steep drop. After rising 1.87% in 24 hours and 3.61% over the past week, Bitcoin trades near $109,192. According to Peter Brandt, a veteran trader, these gains could be setting up the biggest crash in years. Crash Scenario Outlined According to Brandt’s analysis, Bitcoin could plunge… Continue reading Is Bitcoin Headed For A Meltdown? Veteran Trader Sees 75% Crash Ahead→

Why Bitcoin’s Calm Rally Could Be a Setup for a Massive Breakout, Analyst Reveals

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Bitcoin has returned to an upward trajectory, with the asset posting a 1.7% gain in the last 24 hours to reach $109,505. This marks a 4% increase in the past week, placing the cryptocurrency less than 2% below its all-time high of $111,000 set last month. The move follows a period of subdued market activity,… Continue reading Why Bitcoin’s Calm Rally Could Be a Setup for a Massive Breakout, Analyst Reveals→

Bitcoin Back At $109,000, But HODLer Profit-Taking Down 89%

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On-chain data shows the veterans of the Bitcoin market are taking 89% less profits compared to the May peak, despite prices being similar now. Bitcoin Realized Profit For 1Y+ Hands Is Relatively Low Right Now In a new Realized Profit” refers to an indicator that measures, as its name implies, the amount of profit that… Continue reading Bitcoin Back At $109,000, But HODLer Profit-Taking Down 89%→

Bitcoin Eyes New Highs As Price Retests $109,000, But Analyst Warns Of Potential Pullback

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Bitcoin (BTC) is trying to reclaim a crucial area amid its recent price recovery, which could propel the flagship crypto toward new highs. Some analysts suggested that BTC is preparing for the “final resistance,” while others warned that it still risks a potential pullback to lower levels. Bitcoin Rally Eyes Next Resistance Bitcoin has finally… Continue reading Bitcoin Eyes New Highs As Price Retests $109,000, But Analyst Warns Of Potential Pullback→

Ethereum Staging A Repeat Of Bitcoin’s 2021 Cycle? Here’s The Target

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With the recent Ethereum price trend, a crypto analyst has pointed out that the altcoin could be looking to stage a similar rally to what was seen with Bitcoin back in 2021. Crypto analyst TradingShot pointed out the similarities in a recent analysis and showing where the price could go if it does play out… Continue reading Ethereum Staging A Repeat Of Bitcoin’s 2021 Cycle? Here’s The Target→

Bitcoin’s $110K Sprint Coincides With Record-Low Exchange Reserves

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Bitcoin’s price shook off last week’s dip and climbed sharply on Tuesday morning in Asia, topping $110,000 briefly before settling around $109,450. Traders rushed back in after the asset dipped close to $100,000, feeding a sharp rebound that leaves Bitcoin just 2.8% shy of its record high. A blend of forced liquidations, surging derivatives volume,… Continue reading Bitcoin’s $110K Sprint Coincides With Record-Low Exchange Reserves→

Chainlink Cross-Border Play Expands To Hong Kong–Australia Money Movement

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Chainlink is set to play a major role as Hong Kong’s central bank takes a big step in its digital currency tests. Phase two of the e-HKD pilot will try moving tokenized Hong Kong dollars across borders. The plan is to swap e-HKD for A$DC, an Australian dollar stablecoin. This could cut settlement times from… Continue reading Chainlink Cross-Border Play Expands To Hong Kong–Australia Money Movement→