Price analysis 12/15: BTC, ETH, BNB, XRP, SOL, ADA, DOGE, AVAX, DOT, MATIC
Bitcoin and select altcoins are witnessing profit-booking on rallies, increasing the likelihood of a short-term pullback. Go to Source
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Bitcoin whales aim to reclaim $42K after BTC price dives over 3%
Bitcoin bulls face a battle for support on multiple timeframes as BTC price action stays volatile. Go to Source
Iris Energy to double hash rate in 2024 with $22M Bitmain T21 mining rig order
Iris Energy will receive mining hardware orders from Bitmain in the first six months of 2024, taking its operational mining capacity above 10 EH/s. Go to Source
Bitcoin ecosystem reinvigorated by memecoins, new protocols
Bitcoin miners’ revenue has reached all-time highs in part due to increased on-chain fees. Go to Source
$100,000 BTC? Don’t undervalue Bitcoin ETF influence, says Adam Back
Resolving recent systemic failures in the cryptocurrency ecosystem and the prospect of spot Bitcoin ETF approvals could drive Bitcoin to $100,000 in 2024. Go to Source
US dollar hits 4-month low as Bitcoin trader predicts 10% drop to come
Bitcoin stands to enjoy further relief if its standard relationship to DXY weakness holds firm, as the dollar shrinks on Fed “pivot” bets. Go to Source
‘No excuse’ not to long crypto: Arthur Hayes repeats $1M BTC price bet
Bitcoin and altcoins are a sure-fire bet ahead of a “great pivot” by the Fed on interest rates in 2024, Hayes believes. Go to Source
Blockstream targets continued Bitcoin miner surplus with series 2 BASIC note
Blockstream CEO Adam Back says 2023 presented a unique investment opportunity with Bitcoin’s price doubling amid low ASIC miner prices on secondary markets. Go to Source
Bitcoin bulls eye BTC price comeback as cash inflows echo late 2020
Bitcoin traders’ cold feet subsides as BTC price strength takes the market back to $43,000. Go to Source
More firms set to add Bitcoin to balance sheets after major rule change
The rules allow crypto-holding companies to now report their paper gains, not just losses, which industry observers say could give more firms confidence to buy. Go to Source