Bitcoin price outlook as Shiba Memu’s presale hits $1.5M
Key takeaways Bitcoin has been underperforming in recent weeks, down from the $31k level it achieved last month. The world’s leading cryptocurrency by market cap is struggling around the $29k region, and market experts believe it could dip lower in the near term. Shiba Memu has continued to set new records with its presale despite […]
Bitcoin could hit $180,000 by April of 2024: Fundstrat
Experts at Fundstrat are super bullish on Bitcoin. They see halving and a Bitcoin ETF as material catalysts. Bitcoin is already up roughly 80% versus the start of 2023. Bitcoin has had a massive rally since the start of this year but experts at Fundstrat are convinced it’s just a drop in the bucket compared […]
‘I’m more comfortable being long Bitcoin today’
Michael Novogratz puts Bitcoin and Gold in the same bucket. Wolfe Research strategist reiterated his bullish view on BTC. Bitcoin is currently up 80% versus the start of the year 2023. Owning Bitcoin today is nowhere as scary as it was about six months ago, says Michael Novogratz – the Chief Executive of Galaxy Digital. […]
Bitcoin may be near its next leg up – analyst says
Canaccord Genuity analyst sees upside in Bitcoin to over $38,000. Javed Mirza explained his bullish view in a research note today. Bitcoin is already up about 80% versus the start of the year. It’s a suitable time for long-term investors to build their positions in Bitcoin as the chart suggests it may be about to […]
United States SEC officially accepts Valkyrie Spot Bitcoin ETF application
The US SEC has been receiving Bitcoin ETF resubmissions after it rejected previous applications for inadequacy. Valkyrie Bitcoin Fund was the last company to submit a Bitcoin ETF application to the SEC. The SEC has accepted several other BTC ETFs after the respective companies amended and resubmitted. The US Securities and Exchange Commission (SEC) has […]
Why is Ethereum outperforming Bitcoin since the Merge?
Key Takeaways Ever since the Merge went live in September, Ether has underperformed Bitcoin significantly This is despite the supply of Ethereum falling post-Merge More Ether is also being staked since the Shapella upgrade in April Demand has fallen with regard to Bitcoin, however, overriding the lower supply Regulatory crackdown and greater institutional interest in […]
Helium surges as Bitcoin and Ethereum hover at key levels
Helium rose double digits as did 1inch and NEM after US inflation data Bitcoin price on the other hand touched $31k on Coinbase and Ethereum hovered near $1.9k. Consumer prices rose 0.2% month-over-month and 3% year-over-year in June. Bitcoin moved slightly higher on Wednesday after stock markets reacted positively to the latest US inflation data. […]
Pro delivers a $2 trillion BCH, Solana, Litecoin, Mina, Bitcoin price prediction
An analyst at Standard Chartered delivered a strong Bitcoin prediction. He expects BTC price to jump to $120,000 in 2024. Bitcoin price has continued wavering in the past few weeks as investors wait for the next important crypto news and US inflation data. The coin was trading at $30,400, where it has been at in […]
Bitcoin could hit $120,000 by the end of 2024: Standard Chartered
Standard Chartered analyst sees another 60% upside in Bitcoin this year. Geoff Kendrick explained his bullish view on BTC in a research note today. Bitcoin is already up a whopping 85% since the start of the year 2023. The massive rally in Bitcoin since the start of this year is just a drop in the […]
Crypto services provider Matrixport predicts Bitcoin to $125k by the end of 2024
Key takeaways Matrixport believes that Bitcoin could rally to $125k by the end of next year. The crypto services provider points out that Bitcoin has already touched its bottom after rallying to the $31k level last month. Bitcoin could hit $125k by the end of next year Bitcoin, the world’s leading cryptocurrency by market cap, […]