Bitcoin Traders Prepare for Potential Decline Below $52K Traders in the Bitcoin market are increasingly acknowledging the possibility that the price of BTC may dip below $50,000 in the near future. Market Overview The price of Bitcoin (BTC) currently sits approximately 10% above its eight-month low of $49,577, which was recorded on August 5. Traders […]
US Companies Projected to Acquire $10.3 Billion in Bitcoin Over the Next 18 Months — Analysis A recent analysis from River, a firm specializing in Bitcoin technology and financial services, indicates that a number of companies in the United States may significantly increase their Bitcoin (BTC) holdings in the upcoming 18 months. The analysis estimates […]
Bitcoin Experiences Decline to 1-Month Low Following US Jobs Data Bitcoin’s price volatility has created uncertainty among traders as the latest US employment statistics are released. Bitcoin Falls Below $55,000 According to data from TradingView, Bitcoin (BTC) initially surged before the September 6 market opening, but quickly retracted as the US trading session commenced. During […]
Arthur Hayes Predicts Bitcoin Could Drop Below $50K Amid Trend Concerns Bitcoin’s price targets are faltering, moving closer to last month’s lows as analysts signal strong resistance levels that could hinder recovery. On September 8, Bitcoin (BTC) reached a new monthly low, raising alarms about the significance of maintaining a price above $54,000. BTC/USD 1-hour […]
Riot Platforms Achieves Over 10,000 BTC Holdings Amid Production Challenges Riot Platforms has announced that its Bitcoin production saw a decrease in August 2024, while still maintaining a positive outlook with plans to enhance its mining capabilities and reduce energy costs. Currently, Riot Platforms holds more than 10,000 Bitcoin (BTC), marking a 37% increase compared […]
Bitcoin Traders Remain Optimistic Despite September Trends The chief investment officer of Tyr Capital believes that Bitcoin is more likely to end September above $60,000 than below that mark. Despite historical patterns hinting at a typical decline in Bitcoin’s price during September, some traders are choosing to overlook this trend. The broader macroeconomic environment could […]
Bitcoin Traders Remain Optimistic Despite Historical September Trends The chief investment officer at Tyr Capital is confident that Bitcoin is more likely to conclude September above $60,000 rather than below that threshold. Amid discussions of the typical September price decline for Bitcoin, many traders are dismissing these fears, citing factors in the larger economy as […]
Crypto Market in ‘Extreme Fear’ as Arthur Hayes Predicts Bitcoin Below $50K This Weekend Sentiment within the crypto market has plummeted back into “extreme fear” as Bitcoin’s price has recently dipped, leading to predictions of further declines. The Crypto Fear & Greed Index, which gauges market emotions on a scale from 0 to 100, reached […]
Opportunities for Bitcoin Yield Are Expanding — Here’s What to Keep an Eye On Historically, Bitcoin has struggled as a yield-generating asset. However, a variety of options for earning interest on Bitcoin are starting to emerge. Bitcoin (BTC) has often been recognized as a reliable store of value, but it has not been effective for […]
Blockstream Mining Launches Hashrate-Backed Security Token Blockstream is initiating a fundraising effort by offering claims backed by its Bitcoin mining operations for a duration of four years. Blockstream Mining has announced a new security token, known as the Blockstream Mining Note 2 (BMN2), which is backed by the hashrate generated by its Bitcoin mining operations. […]
