Three Reasons Why Bitcoin’s (BTC) Bull Run is Yet to Escalate
TL;DR Bitcoin has surpassed $71,000 with a market cap of over $1.4 trillion, showing potential for further growth due to low trader euphoria (FOMO) and a stable RSI at 60.…
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BlackRock’s IBIT Takes Back the Lead as Spot Bitcoin ETFs Continue Their Inflow Streak
Almost $220 million was once again poured into the spot Bitcoin ETFs yesterday, June 6, thus extending the consecutive inflow streak to 18 trading days in a row. BlackRock’s IBIT…
Robert Kiyosaki Confident Bitcoin Will Hit $350K By August 2024, Here’s How
Robert Kiyosaki, financial guru and author of Rich Dad Poor Dad, has made a staggering prediction for bitcoin’s (BTC) price in the next two months. In a recent tweet, Kiyosaki…
Bitcoin Search and Social Sentiment Slump: Retail Remains Absent as Prices Climb
Worldwide internet searches for Bitcoin have fallen to bear market lows, remarkably, this is despite asset prices topping $71,000 this week. Search interest in Bitcoin rose in March when the…
BTC Price Came 3% Away From Charting New ATH as Bitcoin ETF Inflow Streak Equals Record
After a relatively quiet and sluggish weekend, bitcoin’s price started moving north once again at the start of the business week and kept rising until it popped to $71,767 (on…
Miners’ Bitcoin (BTC) Stash Dwindles to Levels Unseen Since Satoshi Era
The supply of bitcoin held by miners has dwindled to levels not seen in over 14 years. This massive decline in miner reserves comes at a time when the broader…
Bitcoin Transactions Hit Yearly High: Over $25 Billion Transferred
While bitcoin’s price stagnated below a key resistance level, the blockchain achieved a notable milestone before the end of the month. On May 28th, transactions on the Bitcoin network surpassed…
Billionaire Chamath Believes Bitcoin Can Reach $500k By 2025
Social Capital CEO Chamath Palihapitiya recently predicted that Bitcoin will reach $500,000 per coin by the end of this year, based on he trajectory of previous halving cycles. The billionaire…
Bitcoin Price Stable at $69K Amid Strong Demand Zone Bolstered By 1.1M BTC
The $70,000 level continues to be a major hurdle for bitcoin, but the latest data suggest that the world’s largest digital asset remains stable at the current price level and…
Important Ripple v. SEC Lawsuit Update, Bitcoin (BTC) Price Swings, and More: Bits Recap June 3
TL;DR Bitcoin’s price fluctuated between $67,000 and $70K, settling at the upper mark. It’s up 8% monthly but below its all-time high, with potential for a substantial rally. Ripple’s current…
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