A crypto whale has accumulated tens of millions of dollars worth of BTC, making significant profits from Bitcoin trading.
Bitcoin and other cryptocurrencies have seen a rise in anticipation of impending approval of the first spot Bitcoin exchange-traded fund by U.S. regulators.
The price of BONK has significantly decreased since its all-time high, but recent technical analysis suggests a potential relief rally and bounce in the price.
Analysts predict that Bitcoin's price will continue to rise in 2024 and 2025 due to factors such as tighter coin supply, increased enthusiasm for BTC ETF approvals, and expectations of interest rate cuts, with projections of $85,000 by the end of 2024 and over $120,000 by the end of 2025.
BlackRock and VanEck, two firms seeking to launch bitcoin exchange-traded funds (ETFs) in the U.S., have filed updated documents following comments from the SEC, suggesting an imminent approval of the applications.
The US Securities and Exchange Commission (SEC) has sent comments to prospective Bitcoin ETF issuers, potentially indicating that approval for spot Bitcoin ETFs could be given by Wednesday, with trading soon following.
Major corrections are expected for Bitcoin and Ethereum following potential rallies triggered by the approval of a spot Bitcoin exchange-traded fund, according to a popular crypto bear who anticipates a short-lived surge before a significant downturn, with Bitcoin potentially falling to $12,000 by April.
Cathie Wood's Ark Investment Management did not sell any shares of Coinbase on Monday after selling shares throughout the previous week, despite consistently selling shares since July 2023. Ark holds a significant stake in Coinbase across multiple ETFs. They also purchased shares of Qualcomm and sold shares of Roku and UiPath.
The XRP price broke out from a long-term descending resistance trend line but is currently trading under a short-term one, leaving the future trend of XRP uncertain.
Ethereum could become the next focus of the crypto market if spot Bitcoin exchange-traded funds (ETFs) are approved, as investors anticipate a surge of funds flowing into the asset. Ethereum is currently undervalued compared to Bitcoin, but it could see increased attention and value once BTC ETFs gain approval.
Bitcoin may experience bullish days ahead as a historical signal associated with inverse bets suggests positive outcomes for the cryptocurrency, despite former hedge fund manager Jim Cramer claiming that it is "topping out."
Jim Cramer, host of 'Mad Money' on CNBC, has shifted to a bearish stance on Bitcoin, warning against investing in Bitcoin mining stocks and suggesting that Bitcoin may be topping out. However, his impact on Bitcoin's market dynamics appears to be minimal, as the cryptocurrency continues to trade robustly and reach new highs.
Pandoshi, a new cryptocurrency, is rapidly gaining attention and funding in the dynamic cryptocurrency market with its innovative strategies and plans to transform the decentralized finance sector, following the success of Shiba Inu.
Bitcoin traders betting against higher prices lost over $100 million in the past 24 hours as expectations for a spot bitcoin exchange-traded fund (ETF) approval in the U.S. increased, leading to a surge in BTC prices.
Bitcoin price surges to new yearly high as markets anticipate the approval of spot BTC exchange-traded funds, with a potential dip and correction expected afterward, but long-term investment flow into Bitcoin remains strong.
Bitcoin has decoupled from the Nasdaq, with the correlation between the two now at zero, indicating a lack of relationship and suggesting that bitcoin can now act as a portfolio diversifier.
The U.S. Securities and Exchange Commission (SEC) has provided comments on the proposed bitcoin exchange-traded funds (ETFs) just hours after the companies filed documents, indicating a potential approval for these funds.
A clash has emerged within the Bitcoin community over the role of exchange-traded funds (ETFs), with Bitcoin maximalists arguing that ETFs do not provide true ownership of Bitcoin while ETF analysts emphasize their convenience and trading benefits. The debate highlights the tension between decentralization and accessibility in the cryptocurrency world.
Standard Chartered Bank predicts that the price of Bitcoin will exceed $200,000 by the end of 2025 if Bitcoin ETFs are approved, which would drive significant inflows and price upside for BTC.
Prominent figures in the cryptocurrency industry, including Vitalik Buterin, Raoul Pal, and Ki Young Ju, are cautioning investors against excessive leverage and emphasizing the need for responsible risk management and long-term principles when navigating the crypto market.
Coinbase, the cryptocurrency exchange, has been given a Buy rating by analyst John Todaro of Needham, who believes the company is well positioned for growth with expanding revenues driven by broader market sentiments, and has raised the price target from $160 to $180.
The release of December's consumer-price index and producer-price index this week carries the potential to impact markets and provide insight into inflation and the strength of the American consumer. Additionally, earnings season is set to kick off, and the Consumer Electronics Show and the decision on a spot-bitcoin ETF by the SEC are also key events to watch.
XRP price rebounds ahead of potential spot Bitcoin ETF approval, while Ripple CTO David Schwartz emphasizes the early stages of the crypto market.
Two investment firms, VanEck and Bitwise, are seeding their Bitcoin ETFs with $72.5 million and $500,000 respectively, as they await approval from the U.S. Securities and Exchange Commission (SEC), cautioning investors about the potential risk of investing in Bitcoin ETFs.
Tech giant NVIDIA's stock price has reached all-time highs as it announces advancements in its Avatar Cloud Engine (ACE) and collaborations with game publishers like Ubisoft, MiHoYo, Tencent, and others, to apply its AI-driven technology in their games.
The recent strength in digital asset markets is expected to break, according to Altcoin Sherpa, a widely followed crypto trader, who warns that the trend for altcoins is shifting bearish on lower timeframes.
Someone sent $1.2 million worth of cryptocurrency to the long-dormant wallet of Bitcoin's founder, Satoshi Nakamoto, leading to speculation about the identity of the sender and their motive.
Bitcoin (BTC) surged past $47,000, reaching a 19-month high, as investors eagerly await the potential approval of a spot-based BTC exchange-traded fund (ETF) in the U.S., which could significantly expand the investor base for the cryptocurrency.
Bitcoin is predicted to undergo a market correction and decline after a significant rally, with its price action resembling previous market tops, according to Bloomberg Intelligence's senior macro strategist Mike McGlone. McGlone believes that the U.S. SEC's decision on spot market BTC ETF applications this week will trigger a trend reversal for Bitcoin.
Bitcoin price could rise to $50,000 if the SEC approves spot BTC ETF, while Ethereum price could see a 10% climb to $2,500 and Ripple price may recover as altcoins rely on the SEC's decision.
Bitcoin has been the best performing asset in recent years, and retail investors should view it as a long-term savings and portfolio hedge, according to Sam Callahan, Lead Analyst at Swan Bitcoin. He emphasizes the importance of learning about Bitcoin before investing in it.
A crypto user sent $1.2 million in BTC to Satoshi Nakamoto's genesis wallet, sparking speculation about the purpose behind the transaction, including a potential marketing stunt or pressure to reveal Nakamoto's identity due to new tax rules.
Analysts have recently released ratings for Coinbase Glb (COIN), with a mix of bullish and bearish perspectives, and the average price target for the stock is $109.22, representing a 36.52% increase from the previous average. The article also provides a detailed summary of key analysts' actions and adjustments to ratings and price targets. Additionally, it discusses Coinbase Glb's financial indicators, including market capitalization, revenue growth, net margin, return on equity, return on assets, and debt management.
The Dogecoin price has experienced a decrease since December 11, 2023, but recent technical analysis suggests a potential bullish reversal, with the possibility of a significant bounce and a 13% increase if certain patterns and indicators materialize.
SEC Chair Gary Gensler issues a warning about the risks of investing in digital assets, stating that many companies in the crypto space are not following securities laws, amidst anticipation of the SEC approving a spot bitcoin ETF.
Donald Trump may adopt a more crypto-friendly approach if elected in 2024, in contrast to President Joe Biden's adversarial stance towards cryptocurrency.
Grayscale Investments, with over $27 billion in assets, is poised to dominate the spot bitcoin ETF market if approved by the SEC, benefiting from its large volume, liquidity, and existing investor base, despite its higher fees.
Whales may be accumulating Shiba Inu (SHIB) tokens as the price struggles, with one whale withdrawing over 546.342 billion tokens, indicating possible accumulation amidst declining exchange reserves.
Decentralized Physical Infrastructure Networks (DePIN) have the potential to revolutionize the crypto industry, but new projects must learn from past mistakes and avoid the "Static Rewards Trap" to ensure long-term success and genuine demand for their products.
North Korean hackers Lazarus Group have made their largest transaction in over a month, moving $1.2 million worth of their stolen bitcoin from a coin mixer to a holding wallet.
Bitcoin (BTC) advocates are concerned that Valkyrie's spot Bitcoin exchange-traded fund (ETF) application could allow the US government to seize the underlying BTC, raising questions about the potential power of Washington over Bitcoin ETFs.
CleanSpark Inc. has announced the purchase of up to 160,000 Bitmain S21 miners, which will increase its hashrate to approximately 50 EH/s and position the company for expansion in the next bull market.
The fees for proposed Bitcoin ETFs by BlackRock, VanEck, and WisdomTree range from 0.2% to 0.5%, with BlackRock's fee being lower than expected, making the competition tougher for other firms, according to Bloomberg Intelligence analyst Eric Balchunas. Although historically rejected, the entry of BlackRock has sparked optimism for the approval of a spot Bitcoin ETF by the SEC, with the approval odds estimated at 95% or 83% depending on predictions.
Macro strategist Henrik Zeberg predicts that Bitcoin and crypto markets will experience a parabolic surge in the near future, with a minimum target range of $115,000 per BTC and a bullish run expected in the first four months of 2024.
MicroStrategy, led by CEO Michael Saylor, has become the largest corporate holder of Bitcoin, owning close to 1% of all Bitcoin in the world, as Saylor believes in Bitcoin's long-term potential as a superior store of value and hedge against inflation.
MicroStrategy, led by CEO Michael Saylor, has become the largest corporate holder of Bitcoin in the world, steadily accumulating the cryptocurrency as a long-term store of value, believing it will outperform gold and act as a hedge against inflation due to its limited supply and increasing global adoption.
Shiba Inu's goal of reaching $1 per token is virtually impossible due to its current market capitalization and circulating coin count, but it could still experience further growth in 2024 thanks to positive momentum in the broader crypto market and potential catalysts such as the Shibarium Layer-2 solution and SHIB: The Metaverse. Investors should approach the cryptocurrency with realistic expectations and be aware of the significant downside risk.
Solana (SOL) has experienced a significant downturn in its value following a period of rapid growth, with industry experts suggesting a potential decline in the price of SOL and an opportunity to bid in the $70 range in the future.
The Ethereum price has fallen under a descending resistance trend line and has reached a long-term ascending support line, indicating a potential bottom and bullish divergence on the Relative Strength Index (RSI), with analysts predicting a reversal in the trend against Bitcoin (BTC).
Top analyst predicts that altcoins are set for massive rallies as the TOTAL3 chart shows potential for a 40% rise, while also expecting Bitcoin to continue trending upward in the long term, though uncertain about its short-term price action due to the upcoming SEC decision on BTC ETF applications.