Can Bitcoin reclaim the $30k psychological level after yesterday’s brief rally
Key takeaways The cryptocurrency market is having a rollercoaster week so far, with Bitcoin and others experiencing mixed performances. Shiba Memu’s presale is now closing in on the $4 million mark as more investors pledge funds to the project. Bitcoin eyes the $30k mark Bitcoin, the world’s leading cryptocurrency by market cap, briefly touched the $30k […]
Why a Bitcoin rally could mean big business for NUGX as whales diversify
TLDR Bitcoin’s upcoming pre-halving event has set the tone for a rally. The International Monetary Fund (IMF) warns of possible inflation in 2024, which can affect Bitcoin’s rally. Crypto whales seeking ways to diversify their portfolios are looking to NuggetRush for considerable returns. As the pioneering digital asset, the movements of Bitcoin ($BTC) can sway the […]
Billionaire Paul Tudor Jones picks Bitcoin over stocks
Paul Tudor Jones expects a recession in the first quarter of 2024. He also expects the Israel-Palestine war to make stocks less attractive. Bitcoin has a history of doing well in the midst of political uncertainty. Bitcoin is still down 13% versus its year-to-date high but Paul Tudor Jones remains bullish as ever on the […]
Bitcoin could rally towards $28k as Shiba Memu’s presale approaches $3.5m
Key takeaways The cryptocurrency market is having a positive end to the week, with prices of most coins and tokens in the green zone. Bitcoin could be heading towards the $28k level soon as market sentiment improves. Furthermore, Shiba Memu’s presale is now closing in on the $3.5 million milestone as more investors troop into […]
Maker (MKR), THORChain (RUNE) skyrocket; Bitcoin takes $27k again
Maker (MKR) and THORChain (RUNE) prices rose sharply as Bitcoin retested $27k. MKR could spike towards $2k while RUNE eyes buy-side liquidity above $2.01 The cryptocurrency market flipped higher on Thursday, with gains for Bitcoin (BTC) and most altcoins sending the total market cap up by 3.1% as at the time of writing. BTC traded […]
Here’s what the U.S. government shutdown may mean for Bitcoin
James Butterfill expects Bitcoin to rally if the U.S. government shuts down. BTC has a history of performing quite well in times of uncertainty. The world’s largest cryptocurrency is already up close to 4.0% today. Bitcoin will likely rally if the U.S. government does indeed shut down on October 1st, says James Butterfill – the […]
Bitcoin holds steady as DXY advance hurts stocks
Bitcoin rose to $26,820 on Wednesday, trading in the opposite direction to stocks as the Dollar Index hit a 10-month high. An easing for the DXY could see Bitcoin price strengthen above the $26k base. Bitcoin (BTC) defied a surge for the Dollar Index (DXY) on Wednesday, spiking to above $26,820 in early US trading […]
U.S. lawmakers want SEC to ‘immediately’ approve Bitcoin ETFs
Members of the House Financial Services Committee wrote a letter to SEC today. They argued that a Spot Bitcoin ETF is not much different from a Crypto Futures ETF. Bitcoin is still trading around the $26,000 level only at writing on Wednesday. All eyes are on Bitcoin today after the U.S. lawmakers urged the Securities […]
MicroStrategy’s latest BTC purchase sets Bitcoin price in motion
Bitcoin is defending the $26k after the recent MicroStrategy’s latest BTC purchase. Concerns over the US dollar’s impact on BTC may be overstated by investors. Coinbase holds about 5% of the total bitcoin in circulation. MicroStrategy’s recent acquisition of Bitcoin worth nearly $150 million has made waves in the cryptocurrency market, causing a notable shift […]
Coinbase is largest Bitcoin (BTC) holder in the world: Arkham
Arkham announced it identified nearly $25 billion in Bitcoin in crypto exchange Coinbase’s portfolio. The BTC holdings are approximately 948,000, closer to the 1 million BTC of Satoshi Nakamoto. Coinbase is thus the world’s largest known Bitcoin entity, Arkham analysts said on X. Blockchain intelligence firm Arkham has reported that Coinbase holds Bitcoin (BTC) worth about $25 […]