‘Quantile model’ analyst predicts $135K to $285K Bitcoin price in 2025
A unique Bitcoin price model charts a potential $285,000 top for BTC in 2025. Go to Source
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A unique Bitcoin price model charts a potential $285,000 top for BTC in 2025. Go to Source
Bitcoin’s network hashrate has hit a groundbreaking peak of 725.88 exahash per second (EH/s) for the very first time in its history. Imagine this: 725 quintillion hashes are being crunched every second to secure the network. That’s an astronomical number! Over the past year, from Oct. 20, 2023, to now, the network’s computational strength has … Read more
On Oct. 20, 2024, bitcoin’s price broke past the $69,000 mark, leaving many in the market eager to see what’s next. With the 2024 U.S. elections approaching, bitcoin (BTC) prices could swing unpredictably, given the speculation surrounding the face-off between Donald Trump and Kamala Harris. As prices continue to rise, we gathered several generative artificial … Read more
Bitcoin offers buyers a “flash sale” with a dip below $67,000, but traders warn that the BTC price retracement may not be done yet. Go to Source
In a working paper, Amol Amol and Erzo G.J. Luttmer from the Federal Reserve Bank of Minneapolis argue that prohibiting bitcoin or imposing specific taxes could help governments implement permanent primary deficits effectively. Their research explores the impact of bitcoin on fiscal policies and offers potential solutions. The Case Against Bitcoin: The Minneapolis Federal Reserve’s … Read more
Despite the record European inflows, Bitcoin price has been unable to recover above the $70,000 psychological level since July. Go to Source
CoinShares said the United States and Bitcoin led crypto investment product dynamics last week amid growing optimism over a potential Republican election win in the US. Go to Source
On Oct. 21, 2024, bitcoin is trading at $68,322, supported by a market cap of $1.35 trillion. The cryptocurrency saw a 24-hour trading range between $68,145 and $69,431, with a trading volume reaching $28.79 billion. Technical indicators from multiple time frames present a mixed picture, highlighting crucial entry and exit points for traders. Bitcoin In … Read more
Spot Bitcoin ETF inflows can have a delayed effect on the BTC price, which takes a couple of days to materialize, according to market analysts. Go to Source
The growing Bitcoin hashrate and block reward reduction from the Bitcoin halving could lead to miner consolidation among smaller firms. Go to Source