Biden out, bull run in? Here’s what analysts think
Biden’s sudden move to abandon the 2024 presidential race could be a “huge boost” for crypto assets, but it may be too soon to get excited about a massive crypto rally. Go to Source
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Germany already lost out on $124M profit selling its Bitcoin
The State of Saxony, gripped by fears of a sudden Bitcoin price crash, hastily ordered the sale of its 50,000 BTC stash. Go to Source
Grayscale announces plans for Bitcoin ETF spinoff
Current GBTC shareholders will receive shares in Grayscale’s new Bitcoin ETF in proportion to what they currently hold in GBTC. Go to Source
Bitcoin oversold after German gov’t sell-off — ARK Invest
Bitcoin miners seem to be capitulating, a harbinger of a bullish reversal, according to Ark. Go to Source
Potential Trump victory and rising global liquidy may benefit crypto, analyst says
Macroeconomist Lyn Alden assesses the impact of the 2024 US presidential election outcome on Bitcoin and the broader crypto industry. Go to Source
Bitcoin analysts say 74K is the next stop for BTC price
Bitcoin could be gearing up for a rally to the $74,000 mark, but to confirm the move, it needs to reclaim the old all-time high of $69,000. Go to Source
Bitcoin hashrate drawdown hits bear market levels, but miners aren’t selling
Could miner capitulation signal that selling pressure is easing, or could it be the death spiral that takes Bitcoin out of its decade-long run? Go to Source
Analysts forecast $200K+ Bitcoin price after BTC’s bullish momentum returns
Bitcoin’s decisive move above $65,000 and miners’ return to deep profitability could lead to BTC hitting $220,000. Go to Source
Mark Cuban speculates Bitcoin may become a global reserve asset
The entrepreneur and investor has a net worth of $5.4 billion as of 2024 and is no stranger to the world of digital assets. Go to Source
Bitcoin sale nets German government $2.8B
The Dresden Public Prosecutor’s Office has confirmed the emergency sale of 49,858 Bitcoin between June 19 and July 12, 2024, in connection with the Movie2k investigation. Go to Source