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Browsing: Bitcoin News
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Jiang Zhuoer, founder of the B.TOP mining pool, suggested that the cryptocurrency market could experience a decline followed by a rise after the Fed’s interest rate decision. According to Zhuoer, Bitcoin ($BTC) could test below $75,000 before recovering to the $83,000-$84,000 region.
If a new crypto bull market takes hold in the coming quarters, as I expect it will, I predict Bitcoin (CRYPTO: BTC), Zcash (CRYPTO: ZEC), and Hyperliquid (CRYPTO: HYPE) will be the assets that lead the market cycle that follows. Right now, Zcash and Hyperliquid are two of just a small handful of the top…
Bitcoin is gaining market share as $BTC dominance holds near 59.46%, while TOTAL2 has fallen toward $1.04 trillion. This divergence confirms stronger relative performance for Bitcoin, although it does not prove that fresh capital is flowing directly into $BTC.
Bitcoin (CRYPTO:BTC) fell to around $75,800 on September 16 after losing roughly 1.5%, but the bigger move was elsewhere in crypto. XRP (CRYPTO:XRP) fell nearly 8%, compared with declines of about 3% for Ethereum (CRYPTO:ETH) and 3.5% for Solana (CRYPTO:SOL). …
Mark Yusko, chief executive officer of Morgan Creek Capital Management, said Bitcoin is currently undervalued and pegged its fair value at about $105,000.
Strategy (NASDAQ: MSTR) owns 4% of all the Bitcoin (CRYPTO: BTC) in existence. Not 4% of the Bitcoin that trades on a given day; 4% of every coin that will ever exist. The company formerly known as MicroStrategy holds 845,050 of them. And in late August, after a summer of quietly selling, it started buying…
In this episode, Scott Melker explains how an interest rate hike from the Federal Reserve could impact bitcoin (BTC-USD) and crypto in the short and long term. “The Daily Wolf with Scott Melker” airs every day at 12:00 p.m. Tune in for your daily dose of all things crypto.
U.S. spot Bitcoin ETFs shed $450.4 million on Tuesday, their largest single-day outflow since June 24
H.R. 8957, the Strategic Bitcoin Reserve bill, heads to the House Financial Services Committee Wednesday for its first formal Congressional consideration.