Tag Archives: btc

Bitcoin Market Dynamics Still Positive Post-Halving – Bitfinex Analysis

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In the midst of the dramatic changes that have occurred in the cryptocurrency space after the Bitcoin halving event, Bitfinex provides a perceptive analysis that reassures investors that the market dynamics of BTC have remained positive in the post-halving period. Bitfinex examines the on-chain data and finds encouraging signs for Bitcoin in spite of the… Continue reading Bitcoin Market Dynamics Still Positive Post-Halving – Bitfinex Analysis→

Standard Chartered Reaffirms $150,000 Bitcoin Price Target By Year-End

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Geoff Kendrick, head of digital assets research at Standard Chartered, recently reiterated the bank’s ambitious Bitcoin price target of $150,000 by the end of this year, despite current market volatility and geopolitical tensions. In a comprehensive interview with BNN Bloomberg, Kendrick highlighted the significant role of ETF inflows and upcoming halving events in driving Bitcoin’s… Continue reading Standard Chartered Reaffirms $150,000 Bitcoin Price Target By Year-End→

‘More Upside Is Coming’: Crypto Market Set For 350% Growth, Predicts Glassnode Cofounders

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Negentropic, the official X (formerly Twitter) account of Glassnode’s cofounders, has offered its own bullish sentiment for the crypto market. Glassnode Cofounders: There Would Be A Massive Growth Beyond Recent Corrections According to their analysis, the market, excluding the top 10 cryptocurrencies, known as “OTHERS,” is showing signs of a strong uptrend with the potential for… Continue reading ‘More Upside Is Coming’: Crypto Market Set For 350% Growth, Predicts Glassnode Cofounders→

Bitcoin Price Extends Increase, Why Dips Turned Attractive In Short-Term

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Bitcoin price extended its increase and climbed above the $66,000 resistance zone. BTC is now showing positive signs and might find bids near $65,500. Bitcoin gained pace for a move above the $65,500 resistance zone. The price is trading above $65,500 and the 100 hourly Simple moving average. There is a key bullish trend line… Continue reading Bitcoin Price Extends Increase, Why Dips Turned Attractive In Short-Term→

Market Expert Predicts New Paradigm For Bitcoin: ‘Days Under $100,000 Numbered’

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As the Bitcoin (BTC) Halving event concluded for the fourth time, the cryptocurrency market witnessed notable changes in key metrics.  These developments have led Charles Edwards, a market expert and founder of Capriole Invest, to issue bold predictions that hint at a paradigm shift in the BTC market.  Bitcoin Trading At ‘Deep Discount’ One of… Continue reading Market Expert Predicts New Paradigm For Bitcoin: ‘Days Under $100,000 Numbered’→

Ethereum Spot ETFs Approval Skepticism Persists, As ETH Recovers

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Ethereum Spot Exchange-Traded Funds (ETFs) approval odds continue to witness notable pessimism as the cryptocurrency space awaits the United States Securities and Exchange Commission’s (SEC) decision on the products scheduled for May. The expectation surrounding the SEC’s decision highlights how important ETF approval is in terms of giving conventional investors more convenient access to Ethereum’s… Continue reading Ethereum Spot ETFs Approval Skepticism Persists, As ETH Recovers→

Is The Bitcoin Bloodbath Over? Analysts Say $60,000 Is The Cycle’s Bottom

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Bitcoin enthusiasts around the globe can now breathe a collective sigh of relief as the world’s premier cryptocurrency, Bitcoin, rebounds from a recent downturn. Last week witnessed Bitcoin, akin to the broader market, sliding below the $60,000 mark, primarily due to risk aversion, the US tax season, and escalating geopolitical tensions in the Middle East.… Continue reading Is The Bitcoin Bloodbath Over? Analysts Say $60,000 Is The Cycle’s Bottom→

Brazil Wants BTC: 7,400 Bitcoin Futures Contracts Created On First Day Of Trading

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After announcing in March its plans to include Bitcoin futures in its offerings, B3, a Brazilian stock exchange, has officially opened up trades, achieving a significant milestone on its very first day of trading Bitcoin futures.  B3 Bitcoin Futures Sees Surge In Demand Following its launch of Bitcoin futures on April 17, B3 experienced a… Continue reading Brazil Wants BTC: 7,400 Bitcoin Futures Contracts Created On First Day Of Trading→

Bitcoin Miners Strike Gold: $107 Million Profit From Runes-Fueled Minting Spree

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Bitcoin miners have struck a proverbial goldmine, reaping an astonishing $107 million in profits, according to data from Glassnode, a leading analytics platform. This unprecedented windfall, amassed on April 20th, underscores a significant shift in the revenue dynamics of Bitcoin mining operations. The meteoric rise in transaction fees serves as a bellwether for the evolving… Continue reading Bitcoin Miners Strike Gold: $107 Million Profit From Runes-Fueled Minting Spree→

Bitcoin Price Approaches Breakout, Can BTC Pump Above $66K?

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Bitcoin price recovered and climbed above the $64,000 resistance zone. BTC is now facing hurdles near the $65,500 and $66,000 levels. Bitcoin is now struggling to gain pace for a move above the $65,500 resistance zone. The price is trading above $64,000 and the 100 hourly Simple moving average. There is a key contracting triangle… Continue reading Bitcoin Price Approaches Breakout, Can BTC Pump Above $66K?→