A key gauge of investor sentiment, the Crypto Fear & Greed Index, currently signals strong bullish sentiment and increased risk appetite among investors.
The CEO of Bitcoin miner Hut 8 has departed the role weeks after JCapital accused the company of colluding with partners and warnings over a possible pump-and-dump scheme.
Spot Bitcoin (BTC) exchange-traded funds (ETFs) have seen their total daily trading volume exceed $1 billion on Wednesday, with BlackRock emerging as the top performer.
The ongoing legal issues between Bitcoin Satoshi Vision (BSV) founder Craig Wright and Bitcoin developers have turned even more sour. According to a February 4 court filing by the Crypto Open Patent Alliance (COPA) legal team, several documents Wright submitted as evidence of his ownership of the Bitcoin network were doctored and edited.
Ark Invest CEO Cathie Wood believes Bitcoin (BTC) is beginning to replace gold on the investment stage as the precious metal loses popularity over time.
Bitcoin miner CleanSpark announced in a February 6 press release that it had acquired four new mining facilities three facilities in Mississippi and one facility in Dalton, Georgia.
MicroStrategy has announced the purchase of 31,755 Bitcoin at a cost of $1.25 billion in Q4 2023, increasing the company’s total Bitcoin holdings to 190,000 units.
During the Asian session, Bitcoin‘s trajectory garners significant attention, with the asset flirting with the $43,000 mark. Recent developments, including BlackRock’s Bitcoin ETF climbing to the elite ranks of ETFs and MicroStrategy’s substantial acquisition, amplify the discourse around Bitcoin price prediction.
Analysts at investment firm Bernstein expect Bitcoin (BTC) to resume its upward trajectory, surpassing its previous all-time high of $69,000 and potentially reaching $70,000 this year.
Bitcoin price prediction remains bullish as BTC‘s climb to $42,830 ignites discussions, with Cathie Wood championing it as the new gold, reshaping investment strategies in the digital age.