Bitcoin found support at $25k (again). YTD performance remains impressive.
Bitcoin found support at $25k (again) YTD performance remains impressive A dovish Fed may trigger even more strength Cryptocurrency investors may have been disappointed by the lack of volatility during the summer months—after all, Bitcoin, the leading cryptocurrency, only consolidated levels. But one should keep in mind that Bitcoin rallied strongly in 2023. It returned […]
Shiba Memu, Hifi finance, and Bitcoin price prediction
$26,500 level holds the potential to serve as a pivotal point for Bitcoin price. According to market analysts, Hifi Finance could hit the highest price of $1.0. At press time, one Shiba Memu (SHMU) coin was going for 0.028225 USDT. The crypto market is once again on a bull cycle after a brief bear market […]
Bitcoin tops $27k as Shiba Memu’s presales close in on the $3M mark
TL;DR The cryptocurrency market has been bullish today, with prices of most cryptocurrencies up by more than 2%. With the market in a bullish state in the last few days, Shiba Memu is also closing in on a new record as its presale now stands above $2.9 million. Bitcoin crosses the $27k mark Bitcoin, the […]
Pro says ‘longer term momentum is starting to break in Bitcoin’
Wolfe Research analyst is concerned on recent price action in Bitcoin. Rob Ginsberg explained why in a research note on Thursday. The world’s largest cryptocurrency printed a Death Cross this week. Bitcoin slipped below the key $25,000 support this week which a Wolfe Research analyst finds concerning. Why is Rob Ginsberg worried about Bitcoin The […]
Bitcoin could head to $27k as Chancer’s presale nears $2M
Key takeaways Bitcoin has settled above the $26k level and could be heading towards the $27k resistance level soon. Chancer’s stage two presale is now closing in on the $2 million mark. The cryptocurrency market is having a positive week so far. The prices of most cryptocurrencies are up by 2% since the start of […]
Asset manager Franklin Templeton applies to launch a spot Bitcoin ETF
Franklin Templeton joins other asset management firms like Grayscale that have applied to offer crypto ETFs. The SEC was mandated by the court to evaluate Grayscale’s application to convert its Bitcoin futures ETF into a spot ETF. Franklin Templeton will collaborate with CF Benchmarks to ensure accurate valuation. Franklin Templeton, a prominent asset management firm […]
David Marcus says Bitcoin could be a ‘global payment network’
Lightspark CEO says Bitcoin could help transform global payments. David Marcus explained his view today on CNBC’s “Squawk Box”. Bitcoin is currently down about 20% versus its year-to-date high. David Marcus – the Chief Executive of Lightspark sees a big future for Bitcoin that’s down 20% versus its year-to-date high at writing. Bitcoin could transform […]
Bitcoin eyes $25k as Chancer’s presale approaches $1.8M
Key takeaways Bitcoin continues to trade below the $26k level and could drop lower as investors await new CPI data. Chancer’s stage two presale is fast closing in on the desired $2 million mark. The cryptocurrency market has underperformed over the past seven days. Bitcoin continues to trade below the $26k mark, while the total […]
Bitcoin may soon rally based on ‘fundamental grounds’: Bernstein
Bernstein analyst says Grayscale ruling was a game changer. Gautam Chhugani expects Bitcoin to materially benefit from it. The world’s largest cryptocurrency is still lingering around $26,000. The recent ruling in favour of Grayscale and against the Securities & Exchange Commission was a “game changer”, says Gautam Chhugani – a Bernstein analyst. Chhugani expects Bitcoin […]
Bitcoin begins “historically” rough September with dip to $26k
Crypto prices traded lower on Friday as Bitcoin retested the $26k area. Declines across major altcoins added to the forecast of a “bumpy” ride in historically negative September. Cryptocurrencies were largely down on Friday, September 1 as major caps slid amid a surprising decline likely fueled by latest delays for spot Bitcoin ETFs. As can […]