Browsing: Bitcoin

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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.

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…

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.

Bitcoin could face further losses toward the $71,000 area after slipping below the lower end of the trading range it had maintained since late August

Bitcoin fell below $76,000 after the US Senate failed to advance the CLARITY Act.

MicroStrategy holds 846,000 Bitcoin while its stock bleeds 60% over the past year, but one specific price level for the coin could flip the entire thesis and send shares to a target most Wall Street analysts haven’t dared model.