[ad_1] Analysts have raised Bitcoin’s price target to $112,000 following a spike in exchange-traded fund (ETF) inflows. This increased activity suggests bullish sentiment among institutional investors, potentially driving the cryptocurrency to new highs. Bitcoin ETF Inflows to Trigger Price Boost SpotOnChain analysts reported significant inflows into Bitcoin ETFs. Bitcoin’s net flow turned positive, with $39 […]
[ad_1] Over the past two to three days, positive sentiment across the Bitcoin market suddenly surged to a level not seen in more than a year. While this may seem like a bullish sign, analysts have warned that it is concerning. According to a tweet by the market intelligence platform Santiment, the sudden optimism from […]
[ad_1] Six-time NBA champion Scottie Pippen is again hogging the headlines, this time for being very bullish on Bitcoin. On Wednesday, the Chicago Bulls star Pippen took to his more-than-674,400 X (previously Twitter) followers and said: “Bullish on Bitcoin” with the hashtag #BeLikeSatoshi. Since then, this has become a hot topic of discussion among his […]
[ad_1] MicroStrategy has made a remarkable financial maneuver by converting $1.1 billion worth of its shares into 18,300 Bitcoin (BTC). The latest Form 8-K filings with the U.S. Securities and Exchange Commission (SEC) confirmed this purchase. It took place between August 6, 2024, and September 12, 2024. MicroStrategy Inject Billions Into Acquiring Bitcoin Consequently, MicroStrategy’s […]
[ad_1] Bitcoin (BTC) is on track to hit new all-time highs by the end of 2024, according to Standard Chartered. In the view of the bank’s global head of digital assets, Geoff Kendrick, who is quoted in a recent CoinDesk report, Bitcoin could climb to $125,000 if former U.S. President Donald Trump wins the upcoming […]
[ad_1] How green is crypto, really? Activists accuse the industry of environmentally-hazardous side effects, but how true are these claims? What is the environmental impact of crypto? A new report from UCL, alongside an exclusive interview, addresses these questions and more. Mining Costs The alleged environmental costs of Bitcoin and cryptocurrency are an enduring thorn […]
[ad_1] The current market condition has raised speculation among market participants about the short-term price trajectory of the asset class. Slowing crypto adoption and a tough macro environment have caused traders to wonder if this is the start of a bear market or just a quiet phase in this bull cycle. IntoTheBlock said analysts noted […]
[ad_1] Since reaching its all-time high in March 2024, the value of Bitcoin (BTC) has faltered, failing to sustain a steady upward momentum and dampening investors’ expectations for a major bull rally following its halving event. However, a crypto analyst is offering a glimmer of hope, encouraging investors to remain patient despite the market downtrend, […]
[ad_1] In a CNBC interview, Michael Saylor predicted a BTC Price of $13M; Peter Schiff called this “a bunch of nonsense”. Schiff trashed Bitcoin and espoused gold in a separate interview. With gold’s price on the rise and Bitcoin’s falling, Schiff defended what he called the “apex money”. Saylor Predicts $13M Bitcoin Price in 21 […]
[ad_1] MicroStrategy Executive Chairman Michael Saylor predicted on Monday that Bitcoin will reach $13 million over the next two decades. The billionaire explained why the leading digital asset’s recent volatility hasn’t frightened his company, and the advantages for investors to buy into MSTR instead. Bitcoin To $13 Million, Says Saylor During an interview with CNBC, […]
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