Bitcoin bulls should not get too euphoric despite price discovery just beginning, as some traders say the bull market is almost over. Key points: Bitcoin all-time highs matter little to those seeing a BTC price correction as long overdue. Both the latest surge and the bull market itself are on borrowed time, traders say. Comparisons…
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Bitcoin has topped $110,000 for the first time ever, following a 3% gain over the last 24 hours. Bitcoin has topped $110,000 for the first time in a recent rally that has seen it gain 3% over the past day to break through past price highs from earlier this year. hit a new all-time high…
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JPMorgan CEO Jamie Dimon said he will allow his bank’s customers to buy Bitcoin, but the bank will not custody it. Jamie Dimon, the CEO of JPMorgan, said his bank will soon allow its clients to buy Bitcoin, but it won’t custody the cryptocurrency. “We are going to allow you to buy it,” Dimon said…
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Bitcoin is less than 5% away from making new all-time highs, and BTC futures markets look ready to support the rally. Key takeaways: Bitcoin buying in the spot and futures markets helped BTC price keep its upward momentum despite $170 million in margin liquidations. Weak stablecoin demand in China and the limited use of futures…
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Bitwise chief investment officer Matthew Hougan said that a Bitcoin supply shock is coming, driven by heightened demand from institutions. Matt Hougan, chief investment officer at Bitwise, predicts Bitcoin will reach $200,000 by the end of 2025 due to a supply shock from heightened institutional demand. In an interview with Cointelegraph at Consensus 2025 in Toronto,…
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Bitcoin can hardly get any more bullish, says independent analyst filbfilb, as $100,000 slowly returns as support and bulls fight to cement a $2 trillion market cap. Key points: Bitcoin has a fight for a $100,000 price and a $2 trillion market cap on its hands this month. Dips below six figures are “easily possible,”…
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The leader of an NFT project and Bitcoin mining venture has been sued by his former business partners for allegedly failing to pay them their promised equity returns. Several investors in a non-fungible token (NFT) project, Hashling NFT, have accused its founder of misappropriating millions of dollars in profits from the project and a closely…
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Bitcoin’s “power curve” is churning out giant six-figure BTC price targets this year — can BTC/USD really reach $220,000 or more? Key points: New Bitcoin price targets leverage interplay with gold to deliver $200,000 and higher this year. Bitcoin price cycles remain in focus as part of the BTC price “power curve” model. Eating gold’s…
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Michael Saylor says those “less committed” to Bitcoin took the opportunity to exit the market after Bitcoin’s price surged. Strategy founder Michael Saylor says Bitcoin hasn’t reached $150,000 yet because holders without a long-term outlook have been selling off while a new cohort of investors are beginning to enter the market. “I think we’re going…
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Gold’s potential march toward $5,000 raises the stakes for Bitcoin, with historical trends hinting at a surge to $155,000 or beyond if conditions align. Key takeaways: Bitcoin has historically outperformed gold, more recently by sixfold. Gold’s climb toward $5,000 could set the stage for significant Bitcoin gains. Weakening US dollar and rising global liquidity remain…
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