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Bitcoin’s Downside Risk to Not be Ignored as Asset Soars to 19-Month High: Bitfinex

Bitcoin (BTC) has reached a new year-to-date high, soaring past $42,000 on December 4. The asset has broken through the upper limit of the trading range it was confined to…

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Bitcoin Blasts Above $41K as Traders Seek Higher Targets, What’s Next? (BTC Price Analysis)

Bitcoin’s price has gone parabolic over the last few days, rising almost 10% since the beginning of the month. However, a consolidation or pullback might occur soon. Technical Analysis By…

Continue ReadingBitcoin Blasts Above $41K as Traders Seek Higher Targets, What’s Next? (BTC Price Analysis)

These Bitcoin Wallets Top 50 Million as BTC Price Soared Past $42K: ITB

Bitcoin’s (BTC) ascent to and above the $40,000 level has affected several parts of its ecosystem, including the number of addresses holding the leading digital asset. According to a tweet…

Continue ReadingThese Bitcoin Wallets Top 50 Million as BTC Price Soared Past $42K: ITB

Matrixport’s Compelling Case: Bitcoin’s Path to $125,000 by 2024

With the highly-anticipated Bitcoin halving just four months away, the world’s largest crypto asset is witnessing a strong rally driven by expectations of growing institutional demand. On December 1st, Bitcoin…

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Bitcoin Taps $39K, MicroStrategy Buys $600M Worth of BTC, Market Remains Calm: This Week’s Crypto Recap

The cryptocurrency market increased throughout the past seven days, tapping over $1.5 trillion in terms of total capitalization. A lot of the gains are coming on the back of Bitcoin,…

Continue ReadingBitcoin Taps $39K, MicroStrategy Buys $600M Worth of BTC, Market Remains Calm: This Week’s Crypto Recap

Galaxy’s Novogratz Forecasts BTC Price to Shoot Above $70K on SEC Approval of Bitcoin ETF

Michael Novogratz, the founder and CEO of Galaxy Digital Holdings Ltd., anticipates that Bitcoin will reclaim its previous peak within a year, fueled by the growing expectation that the U.S.…

Continue ReadingGalaxy’s Novogratz Forecasts BTC Price to Shoot Above $70K on SEC Approval of Bitcoin ETF