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, […]
Anthony Pompliano expects SEC to approve a Spot Bitcoin ETF
Pompliano says underlying fundamentals of Bitcoin are strengthening. He expects a Spot Bitcoin ETF to be a meaningful catalyst for BTC. Bitcoin is currently up a whopping 85% versus the start of the year. Anthony Pompliano agrees that Bitcoin could see friction in the near term but remains bullish on the digital asset for the […]
North Carolina approves bill on state study of Bitcoin
The “State Precious Metals Depository Study” bill received bipartisan support and passed 75-38. North Carolina could look into adding Bitcoin to its State Treasury if the bill is passed. In May, the house voted for another bill that seeks to ban CBDCs in the state. North Carolina’s lower house has passed a bill that could […]
Crypto Fear and Greed Index Points to Bitcoin Price Path to $40K
Crypto fear and greed index has moved to the greed area ahead of the upcoming Bitcoin options expiry. Bitcoin price was trading at $30,392 on Wednesday, where it has been in the past few days. This price is a few points below the year-to-date high of $31,478. At its peak, the coin jumped by more than […]
Bitcoin correlation with gold drops, highlighting risk-on nature remains
Key Takeaways Bitcoin’s correlation with gold is currently at its lowest level since FTX collapsed in November Our Head of Research writes that while one day Bitcoin may become a store of value, the numbers say it currently trades like an extreme risk-on asset Bitcoin lost 76% of its value amid the pullback in risk […]
Here’s why the Bitcoin Cash (BCH) price has just gone parabolic
Bitcoin Cash price has been in a strong bullish trend in the past few days. The coin has surged by over 150% from the lowest level in May. This rally is being supported by the Bitcoin ETF applications. Bitcoin Cash price continued surging on Monday even as BTC and other cryptocurrencies moved sideways. The BCH […]
Bitcoin hard forks, Bitcoin Cash and Bitcoin SV in the spotlight with double-digit gains
At press time, BCH price had risen by 52% in the last seven days and 28% in the last 24 hours. BSV, on the other hand, had gained 77% in the last seven days and 30% in the last 24 hours Bitcoin (BTC) has only gained 15% over the last seven days. Recently, attention has […]
Bitcoin soars as SEC allows first leveraged Bitcoin Futures ETF
Bitcoin rose to above $31,450 on Friday, its highest level since June 2022. BTC price spiked to the year-high level after the SEC allowed the Volatility Shares 2x Bitcoin Strategy ETF, or BITX. This is the first leveraged Bitcoin Futures ETF in the US and comes after this week’s BlackRock-fueled bullish sentiment for the crypto […]