Bitcoin

Bitcoin (BTC) Neared $45K But Cardano (ADA) Skyrocketed by 30% Daily (Weekend Watch)

Bitcoin (BTC) Neared $45K But Cardano (ADA) Skyrocketed by 30% Daily (Weekend Watch)

Bitcoin resumed its bull run in the past 24 hours and neared $45,000 for the first time since May 2022 but failed to overcome that level. Nevertheless, numerous altcoins have outperformed BTC, with ADA, DOT, and AVAX standing out as the most prominent examples. BTC Came Close to $45K Last Saturday, precisely a week ago, …

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Minor Bitcoin Allocations Boost Returns and Diversification: CoinShares

Minor Bitcoin Allocations Boost Returns and Diversification: CoinShares

Anticipation of ETFs has driven the largest surge in inflows into digital asset investment products since late 2021, reaching $1.7 billion over nine consecutive weeks. Bitcoin attracted over $1 billion in inflows last month, totaling $1.6 billion year-to-date. Following the footsteps of the world’s largest altcoin, Ethereum, too, recorded inflows of $126 million, marking a …

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Only Criminals Have A Real Use For Bitcoin, According To Jamie Dimon

Only Criminals Have A Real Use For Bitcoin, According To Jamie Dimon

JPMorgan Chase CEO Jamie Dimon attacked Bitcoin and other cryptocurrencies on Wednesday, suggesting that they’re only useful for criminals and may as well be banned. “If I were the government, I’d close it down,” Dimon said of the crypto industry during remarks on Capitol Hill on Wednesday. Bitcoin, Banks, and Crime Dimon was one among …

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Bitcoin Price Prediction: $44,000 Hike, ETF Buzz, and Blackrock Update

Bitcoin Price Prediction: $44,000 Hike, ETF Buzz, and Blackrock Update

In the ever-evolving landscape of cryptocurrency, Bitcoin continues to capture the attention of investors and market analysts alike. Currently trading at $44,002, marking a modest increase of 0.15% on Thursday, Bitcoin stands at the forefront of significant developments in the digital currency domain. The anticipation surrounding a new core release for Bitcoin (BTC) further fuels …

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Tether’s Bitcoin Strategy Pays Off Big: $1.1 Billion Profit Amid Price Surge

Tether’s Bitcoin Strategy Pays Off Big: $1.1 Billion Profit Amid Price Surge

In a week that saw Bitcoin surging to an impressive $42,000, Tether, the company behind the world’s largest stablecoin, witnessed a substantial increase in the value of its BTC holdings, resulting in a staggering unrealized profit of over $1 billion. Since May 2023, Tether has amassed 4,083 BTC. Tether’s Bitcoin Holdings Soar According to data …

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Mega Bullish Bitcoin (BTC) Price Prediction Coming From Adam Back

Mega Bullish Bitcoin (BTC) Price Prediction Coming From Adam Back

TL;DR Adam Back, CEO of Blockstream, predicts Bitcoin (BTC) could flip physical gold’s market cap and potentially reach a price of $700,000, possibly during the next halving cycle in 2024. BTC’s current market cap stands at over $800 billion, far from gold’s $14 trillion, but it had previously surpassed $1.2 trillion at its peak in …

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Bitcoin Miner Firm Northern Data Spends $360 Million on GPUs for AI Services

Bitcoin Miner Firm Northern Data Spends $360 Million on GPUs for AI Services

Northern Data – a German data center and Bitcoin mining operator – has spent another $360 million on GPUs to bolster its cloud computing services. The move signals further integration of Bitcoin miners into the AI sector where industry firms benefit from pre-existing infrastructure and economies of scale. Diving Deep Into AI Taiga Cloud – …

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Bitcoin Price Prediction as $40,000 Resistance Comes into Play – Can BTC Reach $50,000 This Week?

Bitcoin Price Prediction as $40,000 Resistance Comes into Play – Can BTC Reach $50,000 This Week?

As Bitcoin soars to a striking $39,390, up by a significant 1.50% in the last day, the crypto community is abuzz with anticipation. This remarkable surge forms a crucial part of the broader escalation in the total cryptocurrency market cap, which has now eclipsed the $1.5 trillion milestone. The spotlight is firmly on Bitcoin’s next …

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Will December See a Bitcoin (BTC) Bull Run? Three Major Factors to Consider

Will December See a Bitcoin (BTC) Bull Run? Three Major Factors to Consider

TL;DR Bitcoin’s 2023 Surge: Bitcoin has risen over 130% this year, with upcoming factors including the December 13 FOMC meeting and the December 12 US inflation rate announcement potentially influencing further price movements. Interest Rate Impact: The Federal Reserve’s upcoming decision on interest rates, which might remain stable or decrease, is expected to affect Bitcoin’s …

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Bitcoin (BTC) Touched $39K, Chainlink (LINK) Soars 7% Daily (Weekend Watch)

Bitcoin (BTC) Touched $39K, Chainlink (LINK) Soars 7% Daily (Weekend Watch)

Bitcoin initiated another impressive leg-up in the past 24 hours that resulted in charting a new 19-month peak at $39,000. Most altcoins followed suit, with SOL defending the $60 level, ETH remaining above $2,100, and ADA nearing $0.4. BTC Tapped $39K The business week started on a negative note as BTC slipped below $37,000 on …

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