After a month-long range, the bitcoin price has come to make new lows since its annual ATH. What's the outlook for the leading cryptocurrency?
Today, bitcoin seems to be treading on a slippery slope, its trajectory resembling a slow, inevitable descent into a financial abyss. According to deep analyses of historical data, bitcoin could face dark days in the months ahead, like a ship preparing to sail into a raging storm.
For a long time, BlackRock had opposed bitcoin (BTC) as an investment alternative. The financial behemoth has finally turned around and set itself up as an apostle of the flagship crypto.
PacWest Bancorp's last resort: to beg its youngest son? Yes, because the company never recovered from its crisis. After a massive outflow of depositors, things got so bad that it agreed to a merger with a smaller lender, Banc of California.
Wright, the man who has long claimed to be the inventor of Bitcoin, has just lost a crucial legal battle. The verdict sheds light on the grey areas of his alleged invention. Elevated to the status of a myth, Wright suffered defeat at the hands of Peter McCormack. In 2019, McCormack had challenged his legitimacy as Bitcoin's inventor in a series of fiery tweets.
Has Elon Musk's rebranding of Twitter really set the blue bird free? Or has he simply killed it? Since the takeover of the social network in October 2022, things have been going badly. But the new boss has just demonstrated that he has more than one trick up his sleeve. In addition to replacing Twitter with X.com, Musk also intends to take over half the world's financial system.
The parent cryptocurrency dropped by over 3% in one day. It dropped below the psychological $30,000 mark on Sunday night. This drop in price has caused the crypto market to plunge, particularly that of Ether and XRP. What could explain this trend? Is the market currently in the red? BFM Crypto explains.
Inflation has been galloping for almost two years, mainly due to the profligacy of central banks. Since then, central banks have turned around and become a little more vigilant. Nevertheless, they face a colossal dilemma: the peril of debt or the peril of inflation. It's reasonable to assume that central banks will react this time, as they have every other time: by rearming their monetary bazooka. If so, it could well be the return of happy days for bitcoiners. Let's talk bull run.
The leading cryptocurrency continues to establish a consolidation phase around the $30,000 mark. The expected announcement of the FED's interest rate decision on Wednesday should bring further movement to the market. Although investors anticipate an imminent bullish rally, a slight correction in bitcoin (BTC) could emerge.
When a blockchain’s fans discover a new application of it, they usually rejoice: the usage (and hence the value) of their assets is likely to increase. Well, usually. For the past few weeks, Bitcoin maximalists have been fixated on a new standard that emerged on their very own blockchain: BRC-20. And they hate it.
Over the past few days, Bitcoin's (BTC) value has been declining. This trend, however, doesn't dampen analysts' optimism about the flagship crypto's short-term prospects.
Recently, the twittersphere was ablaze with rumours of a possible return of bitcoin to Tesla's payment system. Supported by a photo of the source code, some observers speculated that the electric car manufacturer might be revising its stance on cryptocurrencies. Would Elon Musk's company once again accept BTC? Let's find out.
Nasdaq backtracks! Its abandonment of plans for a cryptoasset custody service shakes up the industry. Nasdaq CEO Adena Friedman cites regulatory concerns in this surprise announcement. The decision could impact the future of institutional crypto adoption in the US.
The bitcoin (BTC) market has been buzzing for the past few months. Cathie Wood is convinced that the asset's price will strengthen in the coming months. She expects BTC's valuation to top the million-dollar mark.
Democratic presidential candidate Robert Kennedy has outlined the policies he will implement regarding bitcoin if elected president.
The SEC has been receiving requests for Bitcoin ETFs for ten years without taking any action. Will BlackRock change the game?
According to analysts, the ongoing sell-off in the US dollar has always pulled bitcoin down. But bitcoin's correlation with DYX won't last forever, argues Acheson, former head of research at CoinDesk and Genesis.
Thunder rumbles on the economic horizon. Robert Kiyosaki paints a bleak picture of the future of the US dollar. At the heart of his prognosis is the bold prediction of a “giant crash” that would mark the agony of fiat currency.
The SEC, often known for its outbursts against companies operating in the crypto market, has just made a big decision. The American regulator has just accepted BlackRock's application for a Bitcoin exchange-traded fund (ETF). This decision could mark a new turning point in the institutional adoption of bitcoin (BTC).
Is the bull run imminent or still a long way off? There's no denying that recent events have been in bitcoin's and XRP's favor, with many believing that the bull run was finally upon us. But if recent events are anything to go by, the crypto community still needs to be patient.
Yesterday's release of the US inflation rate suggests an imminent rise for the queen of cryptos. Bitcoin (BTC) seems headed inevitably for $50,000.
Lately, there's been a lot of interest in the Bitcoin ETF. BlackRock's Bitcoin ETF is particularly attracting the interest of crypto investors. According to one Bloomberg analyst, it could even unlock colossal wealth.
One thing's for sure: as long as the price of bitcoin remains correct, Microstrategy won't part with its holdings, says broker Bernstein. Michael Saylor's company has built up a solid reputation, but nothing can match its firm belief in the most famous of cryptocurrencies.
“Not your keys, not your coins”. This is one of the advantages of cryptocurrencies, not banks. But hackers have since evolved to the point of disrupting no less important networks such as Multichain, Poly Network, Atomic… In most cases, it's the investors who pay the piper. When a new bitcoin security device like BIP39 Colors arrives, they have no choice but to pay attention.
Recent news seems favorable for cryptos. Indeed, a former SEC official's opinion that the Bitcoin ETF should be approved is seen as positive for the crypto market. Is the next Bitcoin (BTC) bull-run imminent?
With the US CPI due for release on July 12, Bitcoin (BTC) and Ether (ETH) are stabilizing, raising investor expectations. The previous month, these two cryptocurrencies soared in response to this economic indicator. Could this trend be repeated this month?
In terms of technical analysis, Bollinger Bands are undoubtedly the most widely used indicators. Recently, famed trader John Bollinger spoke out about current market conditions. Discover the future of bitcoin (BTC) according to Bollinger's analysis.
A few weeks ago, asset manager BlackRock filed a Bitcoin ETF application with the SEC. The procedure had far-reaching consequences for the crypto market. Effects that are still being felt today.
The Bitcoin halving is a major event in the cryptosphere. Good news for some, it could unfortunately have devastating consequences for miners.
BTC continues to hold in the $30,000 to $31,000 range. Large investors seem to remain optimistic and continue to accumulate. The long-term price trend for bitcoin (BTC) remains bullish, although a new DIP cannot be ruled out. Short-term selling could be attractive.