Browsing: Bitcoin News

Ric Edelman compares Bitcoin’s adoption to Amazon in 1999 and predicts $BTC could reach $500,000 by 2030 as global adoption expands.

Bitcoin price stabilized above $76,000 after buyers defended the $75,000 area, while improving 4-hour momentum and nearby liquidity at $77,000 pointed to a possible short-term rebound.

JPMorgan analysts believe that if the high hedge positions in Bitcoin ETFs are resolved, Bitcoin could find stronger support than gold in the coming period.

JPMorgan said Bitcoin may receive stronger price support than gold if hedging demand in the exchange-traded fund market eases.

Copper has made significant strides in the cryptocurrency lending market by partnering with Two Prime to bring its institutional bitcoin lending capabilities on-chain. This initiative is crucial as it utilizes the Axiom WBTC Yield Vault on Pareto, providing robust infrastructure to safeguard assets. The move indicates a growing trend toward institutional adoption of crypto lending…

Bitcoin price action got a reality check this week. On September 14, Santiment Insights described extreme FOMO across the crypto community as bullish narratives surged around expectations for a favorable CLARITY Act outcome. The warning was about euphoria itself, regardless of how the decision eventually turned out.

Top financial advisor Ric Edelman has compared buying bitcoin today to Amazon back in 1999.

Bitcoin barely reacted to CLARITY’s failure, and one analyst says it’s the clearest sign that markets are in a bad news doesn’t matter phase. ByWayne Jones

Bitcoin ($BTC) traded near $76,500 after Thursday’s Wall Street open as investors snapped up US stocks following their recent dip.

Crypto-linked stocks have endured a volatile few days after the Senate failed to advance the CLARITY Act on Sept. 15 and the Federal Reserve raised interest rates by 25 basis points a day later.