CryptoQuant CEO Ki Young Ju is predicting that the current Bitcoin (BTC) bull market will continue until early 2025. While he acknowledges that Bitcoin could dip to around $47,000, he’s still bullish on the overall trend. $112,000 Price Target Ju believes the bull market will peak at around $112,000, based on his analysis of the…
Long-dormant Bitcoin wallets have sprung back to life, moving millions of dollars in BTC after more than 10 years. First Whale Awakens One early Bitcoin investor, who had been holding onto their coins for 10.6 years, suddenly moved 1,004 BTC worth $56.92 million. This whale initially moved the BTC to an unknown wallet before transferring…
A crypto analyst is predicting that Bitcoin could be on the verge of a comeback. This comes after the cryptocurrency dipped to its lowest point in months. Bullish Signals on the Charts Ali Martinez, a well-known crypto analyst, has spotted two interesting patterns on Bitcoin’s price chart. These patterns, he says, could signal a potential…
A seasoned Bitcoin trader is urging caution, warning that the cryptocurrency could be headed for another major crash similar to the one that happened in November 2018. A Repeat of 2018? Back in 2018, Bitcoin fell below $6,000 after a long period of trading in a narrow range. While many investors jumped in to buy…
A veteran trader is saying now might be a good time to buy Bitcoin, even though the price has been dropping lately. Peter Brandt, a well-known trader who’s known for making accurate market predictions, sees a “buy signal” in Bitcoin’s recent dip. He’s looking at a technical indicator called the “foot shot pattern,” which has…
Peter Schiff, a well-known Bitcoin critic, thinks the hype about institutional investors buying Bitcoin is overblown. He points to the recent price drop as evidence. Schiff’s Argument: Schiff says that the recent sell-off, which saw Bitcoin’s price drop by 10% in a single day, shows that there isn’t as much institutional demand for Bitcoin as…
There’s been a lot of talk about governments selling their Bitcoin lately, especially after the US and German governments moved some of their holdings. Some people are worried that this will cause the price of Bitcoin to crash. But is it really a big deal? The Big Picture CryptoQuant CEO Ki Young Ju says we…
Bitcoin’s price has been taking a tumble lately, but some investors are seeing this as an opportunity. In the past week, Bitcoin spot ETFs (exchange-traded funds) have seen a surge in investment, despite the cryptocurrency’s struggles. Big Money Flowing In Last Friday, Bitcoin spot ETFs saw a whopping $143 million in new investments, the highest…
Justin Sun, the mastermind behind the Tron Network, has a new trick up his sleeve: gas-free stablecoin transfers. This means you can send and receive stablecoins without paying any extra fees! No More Gas Fees for Stablecoins? Imagine this: you’re sending some stablecoins to a friend. Usually, you’d have to pay a small fee (called…
JPMorgan Chase, Bank of America, and Wells Fargo are getting grilled by the Senate over their handling of fraud on the popular payment app Zelle. The banks are facing scrutiny after customers reported over $456 million in fraudulent Zelle transactions in 2022. The banks allegedly refused to reimburse $115 million of those claims, leaving customers…
