Tag Archives: BTCUSDT

Bitcoin Price Braces For Volatility Ahead Of Chinese Stimulus Speculations, Options Expiry

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Bitcoin (BTC) may experience increased volatility in the coming days, driven by speculation surrounding another Chinese fiscal stimulus announcement and the expiration of BTC options worth $1.1 billion. Chinese Stimulus Measures To Help Bitcoin? According to the State Council Information Office, China’s Finance Minister, Lan Fo’an, is expected to provide details on upcoming fiscal stimulus… Continue reading Bitcoin Price Braces For Volatility Ahead Of Chinese Stimulus Speculations, Options Expiry→

Is Bitcoin Price Primed For New Record High? Analyst Provides Update On $78,000 Prediction

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A crypto analyst has offered an update on their analysis, predicting the Bitcoin price to climb to a new all-time high in the coming months. What’s Next For Bitcoin In October? In a September 23 post on X, crypto analyst Ali Martinez put forward an interesting prognosis on the current price action of Bitcoin and… Continue reading Is Bitcoin Price Primed For New Record High? Analyst Provides Update On $78,000 Prediction→

Bitcoin Price Crash: $1.83 Billion Makes Its Way To Exchanges, Is A Bloodbath Coming?

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Bitcoin is currently hovering above a key support level, and any minor selloff triggered by a group of traders could potentially snowball into a wave of intense selling pressure. This fragile situation is underscored by data from the on-chain analytics firm Santiment, which revealed that over 30,000 BTC, valued at approximately $1.83 billion, has been… Continue reading Bitcoin Price Crash: $1.83 Billion Makes Its Way To Exchanges, Is A Bloodbath Coming?→

Bitcoin Price Encounters Resistance: Will It Clear The Hurdles?

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Bitcoin price extended losses and traded below the $60,000 zone. BTC is now attempting a recovery wave and facing hurdles near $60,800. Bitcoin is struggling to start a fresh increase above the $61,200 zone. The price is trading below $61,000 and the 100 hourly Simple moving average. There is a key bearish trend line forming… Continue reading Bitcoin Price Encounters Resistance: Will It Clear The Hurdles?→

Bitcoin On The Brink: Will $60K Hold Or Is A Major Correction Coming?

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After briefly rising above $63,000 in recent days, renewing investor’s hope on “uptober,” Bitcoin has once again dampened this excitement by decreasing to as low as the $60,000 region today. This unappealing performance has led to a CryptoQuant analyst, Aytekin, raising and sharing insight on an important question: “Is it reasonable to expect a final… Continue reading Bitcoin On The Brink: Will $60K Hold Or Is A Major Correction Coming?→

Bitcoin Price Hope: Mt. Gox Delays Repayment Plan Until October 2025

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In a development that could offer relief for Bitcoin (BTC) and the broader crypto ecosystem, Mt. Gox, the defunct cryptocurrency exchange that was hacked in 2014, has announced a significant delay in its repayment plan for affected creditors. Originally set for October 31, 2024, the new deadline for repayments has been pushed to October 31,… Continue reading Bitcoin Price Hope: Mt. Gox Delays Repayment Plan Until October 2025→

Bitcoin Investors Accumulate Almost $1 Billion In BTC As Exchange Reserves Falls Towards New Lows

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Although the Bitcoin price faces challenges in breaking out significantly from its support level of $60,000, recent on-chain data reveals a fascinating shift in sentiment among Bitcoin enthusiasts. Despite the ongoing price corrections, it appears that long-term holders remain undeterred. In fact, about 15,917 BTC, valued at approximately $987 million, has been withdrawn from various… Continue reading Bitcoin Investors Accumulate Almost $1 Billion In BTC As Exchange Reserves Falls Towards New Lows→

SEC Strikes Again: Cumberland DRW Charged For ‘Unregistered Crypto Operations’

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The US Securities and Exchange Commission (SEC) has stepped up its regulatory scrutiny of the crypto industry by charging Cumberland DRW LLC with operating as an “unregistered dealer”, underscoring the agency’s relentless enforcement approach that has come under increasing criticism from stakeholders and advocates in the digital asset space. Accused Of Trading $2B In Crypto… Continue reading SEC Strikes Again: Cumberland DRW Charged For ‘Unregistered Crypto Operations’→

Bitcoin Price Flashes Fractal Similar To October 2023, Here’s What Happened Last Time

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Crypto analyst TradingShot recently revealed that the Bitcoin price is forming a similar fractal pattern to the one that happened in October 2023. This is bullish for the flagship crypto, considering what happened last year when the fractal pattern formed.  Bitcoin Prices Flashes Fractal Similar To October 2023 TradingShot mentioned in a Bitcoin price currently… Continue reading Bitcoin Price Flashes Fractal Similar To October 2023, Here’s What Happened Last Time→

Bitcoin Price Extends Decline: Can $60K Serve as a Lifeline?

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Bitcoin price extended losses and traded below the $61,850 zone. BTC is now holding the $60,000 support, but it remains at risk. Bitcoin is struggling to start a fresh increase above $62,850 zone. The price is trading below $62,000 and the 100 hourly Simple moving average. There is a connecting bearish trend line forming with… Continue reading Bitcoin Price Extends Decline: Can $60K Serve as a Lifeline?→