Bitcoin Could Hit $69K by Mid-2024 as It Enters Acceleration Phase, Analyst Says
BTC prices have doubled this year amid a spot ETF push by prominent traditional finance firms.
Financial
Bitcoin
Financial
Michael Saylor’s Massive Bitcoin Bet Crosses $1B in Unrealized Profit
Saylor’s business software company, MicroStrategy, held more than 158,000 bitcoins as of Friday.
Financial
U.S. Crypto Stocks Ride BTC Momentum in Pre-Market Trading
COIN, MSTR, HOOD and mining stocks all showed upward movement in pre-market trading after bitcoin rose to its highest level in 18 months.
Financial
Bitcoin Tops $36K as ‘ETFs Not Yet Priced in’
Bitwise’s CIO sees future upside to bitcoin’s price as the world’s largest digital asset has 30% this month.
Financial
Bitcoin Miner Marathon Digital Beats Q3 Earnings Estimates, but Misses on Revenue
The company sees 2023 mining power guidance reaching 26 EH/s, making it the largest bitcoin mining firm in terms of hash rate.
Financial
Bitcoin Fees Soar Nearly 1000% Since August as Ordinals Are Back in Vogue
Higher fees are also boosting bottom lines for the industry’s beleaguered miners, 21Shares noted.
Financial
Bitcoin Squeezes to $35.5K as ‘Mini Altcoin Season’ Lifts Crypto Market Cap to $1.3 Trillion
Capital rotation from bitcoin to altcoins accelerated further but steady inflows into BTC funds compensated, one analyst noted.
Financial
Bitcoin’s Role as ‘Digital Gold’ Will Aid Further Demand, Traders Say
Traders continue to point out bitcoin’s supposed role as ‘digital gold,’ amid economic headwinds in the U.S., as a possible price catalyst.
Financial
Bitcoin Ordinals Protocol Token ORDI Rockets 50% on Binance Listing
Binance warned users to expect high volatility around ORDI token prices and gave it a risk classification of “higher-than-normal.”
Financial
CME Bitcoin Futures Open Interest Surge Indicates Interim BTC Price Top
Every evvel in a while, open interest sees a spike in a relatively short amount of time. When that happens, it nearly always marks a turning point for bitcoin prices, one observer noted.