The head of the Chamber of Digital Commerce is making waves with a bold prediction: Bitcoin might soar to a million dollars per coin by 2029. This optimistic forecast hinges on the continued rise in Bitcoin adoption. Perianne Boring, the CEO and founder of this crypto advocacy group, shared her insights in a recent CNBC…
Recently, Max Keiser, a well-known Bitcoin enthusiast, raised doubts to his 550,000 social media followers about Ark Invest CEO Cathie Wood’s statements regarding a Bitcoin exchange-traded fund (ETF). Keiser bluntly stated on a social media platform (previously known as Twitter), “This is misleading.” Cathie Wood Advocates for Bitcoin ETF as a Fast Solution for Institutions…
Recently, Bitcoin’s value took another dip, falling below the $42,650 mark. Currently, it’s showing signs that suggest a potential further decline, possibly hitting the $40,000 support level. The trend for Bitcoin is looking somewhat bleak, especially below the $43,500 benchmark. Right now, the cryptocurrency is trading under $43,000 and is below the 100 hourly Simple…
Tone Vays, a well-known trader, has a heads-up for Bitcoin enthusiasts: the remarkable surge of Bitcoin might be nearing its end. Sharing his insights in a recent video, Vays, who has a following of over 123,000 on YouTube, predicts a downturn for Bitcoin in January. This expectation coincides with the U.S. Securities and Exchange Commission’s…
A well-known analyst is painting a bearish picture for Bitcoin (BTC) following the potential approval of a spot market BTC exchange-traded fund (ETF). Going by the pseudonym DonAlt, this analyst, with a sizable following of 55,600 subscribers on the TechnicalRoundup YouTube channel, suggests that Bitcoin might experience a sharp decline of more than 25% from…
The U.S. Securities and Exchange Commission (SEC) is currently in the spotlight for hosting discussions with several groups aiming to launch spot Bitcoin exchange-traded funds (ETFs). According to FOX Business’s Charles Gasparino, insiders have learned that the SEC is organizing a unique joint conference call with those looking to introduce Bitcoin ETFs. Unpacking the SEC’s…
Bitcoin’s price is on the upswing, recently breaking through the $43,500 barrier. It’s maintaining a strong upward trajectory, stirring excitement about a potential push past $45,000. The cryptocurrency surged past the $43,500 resistance zone, signaling a robust trend. Currently, it’s hovering above $43,000 and comfortably sits over the 100 hourly Simple Moving Average. There’s even…
Bitcoin is known for its wild price swings. This is due to various factors like supply and demand, public opinion, regulatory shifts, and media attention. Essentially, Bitcoin’s volatility is measured by how much its price varies over a certain time, a concept known as standard deviation. This volatility can be a double-edged sword for investors,…
It’s been a full decade since a quirky Bitcoin fan birthed a phrase that’s now a staple in the crypto world: the “HODL” meme. Rewind to December 18, 2013. On this day, a BitcoinTalk user named GameKyuubi decided to post in the forums amid a significant Bitcoin price drop to $420, a stark contrast to…
Lately, Bitcoin’s price has been playing it cool, just chilling after a period of really stepping up its game. Right now, it’s like we’re all on the edge of our seats, watching to see if it’s going to keep climbing or take a bit of a dive. Let’s dive into some technical analysis by TradingRage….
