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The US government’s Bitcoin holdings are far larger than previously thought. A recent report clears up the confusion. The Mystery of the Missing Bitcoin Initially, a public document showed the US Marshals Service holding about 28,988 Bitcoin (BTC), worth roughly $3.45 billion. This sparked panic among some traders, leading to price fluctuations. Senator Cynthia Lummis…
The US government is about to release a major report on cryptocurrencies, and everyone’s holding their breath. This report could completely change how the US government views and uses digital assets. The Report is Coming A government working group finished its six-month study and will publish its findings on July 30th. This was originally expected…
SpaceX, Elon Musk’s space exploration company, recently made a surprising move: it transferred some of its Bitcoin holdings for the first time in three years. This has sparked a lot of speculation in the crypto world. The Big Bitcoin Move Onchain analytics firm Arkham Intelligence revealed that SpaceX moved 1,300 BTC (about $153 million) to…
Analysts are predicting a big boom in the crypto market by 2025, and they’re sharing their price predictions for some major players. While the numbers vary, everyone agrees: we’re likely looking at some serious gains. Altcoin Daily’s Predictions YouTube’s Altcoin Daily offered up some “realistic” price targets for several cryptocurrencies: Bitcoin (BTC): A peak of…
Is Bitcoin about to explode? Recent price action suggests a significant move could be on the horizon. Riding the Wave Bitcoin’s price is steadily climbing within a clear upward trend, looking very promising. Analysts are calling this the fifth wave (Wave 5) of an Elliott Wave pattern. Historically, Wave 5 is where the biggest price…
Bitcoin is looking incredibly strong right now, according to a recent report. Here’s why: Long-Term Holders Are Dominating A whopping 74% of all Bitcoin is held by long-term investors – those who’ve held onto their BTC for at least 155 days. This is a 15-year high! This shows serious confidence in Bitcoin as a long-term…
Robert Kiyosaki, a well-known investor, is predicting a market crash that could drag Bitcoin down with it. He’s worried about the massive US national debt (over $36 trillion!) and persistent inflation. These issues, he believes, will pop the economic bubbles. The Warning Signs Kiyosaki’s warning comes after Bitcoin recently hit a high of $123,000, but…
Bitcoin’s recent price action has been a bit of a rollercoaster. After hitting a high near $123,000, it’s pulled back. But don’t count it out just yet! The Final Act? Not So Fast Analyst Merlijn The Trader believes Bitcoin’s price is far from peaking. He predicts a significant rally is still to come – the…
Peter Schiff, a well-known gold bug, isn’t impressed with Bitcoin. He thinks President Trump’s support for crypto is a bad idea, calling Bitcoin a “decentralized Ponzi scheme” disguised as something legitimate. The Dollar’s Downfall? Schiff argues that pushing Bitcoin in the US weakens the dollar. He believes that while some might celebrate a weaker dollar,…
Bitcoin recently hit a high above $120,000, prompting a massive sell-off by the very people who mine it. This is causing some concern about the future of the rally. Miners Dumping Bitcoin On July 15th, miners sent a whopping 16,000 Bitcoin to exchanges – the highest single-day amount since April. This huge outflow suggests miners…
