Crypto financial services platform Matrixport has predicted a major Bitcoin (BTC) rally driven by favorable macroeconomic conditions and lower US inflation.
In today's cryptocurrency landscape, Bitcoin's price has garnered significant attention. As of October 19, the price of Bitcoin stands at $28,541, having experienced a nearly 1% rise in the past 24 hours and 7% in the last seven days.
Wealth management firm, Morgan Stanley opined that the crypto winter may be over ushering in the spring which indicates a slight boost in market activity.
A senator from the US state of Arkansas is seeking answers from the governor's office as there is an increase in the outcry over unwanted cryptocurrency mines in small towns across the state.
As global events and tech advancements shape the crypto world, Bitcoin price stands resilient. Trading at $28,247 with a 0.84% decline on Thursday, its price rose 6% amidst US calls for action against Hamas' crypto use following Israel's strike.
Bitfinex Chief Technology Officer (CTO) Paolo Ardoino has stated that drivechains in the Bitcoin network could be the “game changer” amid the ongoing debate surrounding the Bip-300 proposal.
Bitcoin, the undisputed king of the cryptocurrency market, is once again at an inflection point. As the pioneer digital asset fast approaches the $29,000 level, traders and investors alike are keeping a keen eye on critical price levels and market indicators to gauge the next possible move.
Today, Galaxy Digital's CEO Mike Novogratz shared insights on SquawkBox that signal a potential change in the SEC's stance on Bitcoin ETF approval. According to Novogratz, the SEC is showing signs of potentially approving a spot Bitcoin ETF by the year-end.
A recent report from data analytics firm CryptoQuant suggests that the approval of spot Bitcoin exchange-traded funds (ETFs) could push Bitcoin's market capitalization to grow by $900 billion, with the total crypto market expanding by an additional $1 trillion.
Bitcoin's price fluctuating journey continues as it trades just below the $28,500 mark, with a modest increase of less than 0.50% on Wednesday. Several noteworthy events have punctuated the cryptocurrency landscape.
Amidst the swirling speculations and ever-evolving crypto landscape, recent rumors of a potential Bitcoin ETF approval have ignited a fervor in the trading community.
The recent rally in the Bitcoin (BTC) market, which saw prices hit two-month highs near $30,000 on Monday following false reports that the US Securities and Exchange Commission had approved BlackRock’s spot Bitcoin ETF application, is “an example of the pent-up interest in crypto” opined BlackRock’s CEO Larry Fink in a Fox Business interview on Monday.
In an interview yesterday, Cardano and Ethereum co-founder Charles Hoskinson expressed concerns over Bitcoin's governance model and its limitations in development.