Bitcoin ‘anxiety stage’ risks more September losses, but there’s a silver lining
Bitcoin’s “anxiety stage” suggests more potential September downside before the next leg up, the latest price analysis suggests. Go to Source
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MicroStrategy acquires 18,300 Bitcoin, expands holdings
MicroStrategy’s $1.11 billion Bitcoin purchase was funded by selling over eight million company shares through a sales agreement. Go to Source
Standard Chartered: Bitcoin Could Hit $125K Under Trump, $75K Under Harris
Standard Chartered has reaffirmed its projection that bitcoin will hit new all-time highs by the end of 2024, regardless of the U.S. election outcome. The bank’s digital assets head predicts bitcoin could reach $125,000 under Trump or $75,000 under Harris, with temporary drops under a Harris presidency. Regulatory concerns loom, but other factors, like U.S. … Read more
Donald Trump Announces World Liberty Financial Launch — ‘We’re Embracing the Future With Crypto’
Former U.S. President Donald Trump has announced the launch of his family’s cryptocurrency platform, World Liberty Financial, positioning it as an alternative to traditional banks. He encouraged users to join a live event on X next Monday. “We’re embracing the future with crypto and leaving the slow and outdated big banks behind,” Trump said. Donald … Read more
What ‘far-fetched’ scenarios could still send Bitcoin price to $0?
Despite some dedicated critics saying otherwise, Bitcoin hitting $0 is extremely unlikely due to its strong global community, established infrastructure and historical resilience. Go to Source
Bitcoin price struggles as bears overtake bulls in futures markets
Bitcoin must hold above the $50,000 mark until the Sept. 18 Federal Reserve meeting to avoid more downside. Go to Source
Crypto activity in 2024 surpasses 2021 peak, fueled by Bitcoin ETFs — Chainalysis
The launch of the Bitcoin ETF in the US triggered an increase in the total value of Bitcoin activity across all regions worldwide, according to Chainalysis. Go to Source
Crypto exchange volumes reflect Bitcoin traders’ ‘reduced trading appetite’ — Glassnode
Glassnode data highlights a “notable decline in trade activity over the last quarter,” but traders are hopeful that Q4 will bring a sharp trend reversal. Go to Source
Bitcoin price eyes ‘last dip’ before October breakout: Analysts
Bitcoin analysts are eying an October breakout, despite the current market slump, partly caused by continuous negative outflows from the US Bitcoin ETFs. Go to Source
Bitcoin in ‘seasonal slog’ with slim chance of short-term price catalysts: NYDIG
“Potential upcoming near-term catalysts for Bitcoin are sparse at the moment,” says NYDIG head of research Greg Cipolaro. Go to Source