Bitcoin Bulls Target $69K Lifetime Highs Ahead of Halving
An expected pre-halving rally is a good spot to realize short-term profits, one market observer said.
An expected pre-halving rally is a good spot to realize short-term profits, one market observer said.
The funding rate spread has collapsed, indicating increased appetite by traders to speculate further out on the risk curve.
Warren reiterated her disdain for the industry in an interview.
Bankman-Fried’s lawyers objected to the Presentence Investigation Report (PSR) which recommends a sentence of 100 years in prison calling it “grotesque.”
Ilya Lichtenstein, who pleaded guilty in the Bitfinex case last year, is now a U.S. witness who testified about his use of Bitcoin Fog and other mixers to hide loot.
Just four cryptos in the index outperformed Bitcoin’s 5.2% gain.
“Many countries on the continent are grappling with high inflation rates and devaluing currencies, making it challenging for people to save and build wealth,” the firm said in a blog post.
Spot bitcoin ETFs had their best day since their debut on Monday, recording $2.4 billion in daily trading volume coupled with strong inflows.
A price target of $990 is based on the assumption that bitcoin will reach $125,000 by year-end 2025, the report said.
According to Gauntlet, the move offers the potential for more money with greater flexibility.