At the edge of our economic landscape, bitcoin is making waves. Robert Kiyosaki has sketched out a startling prediction for 2024 that cannot be ignored.
At the edge of our economic landscape, bitcoin is making waves. Robert Kiyosaki has sketched out a startling prediction for 2024 that cannot be ignored.
After a prolonged phase of consolidation, notable movements seem ready to manifest themselves in the price of BTC. The Hash Ribbon indicator is currently displaying a buy signal, marking the end of the bitcoin (BTC) miners' capitulation. Could this be the catalyst for the next bull market?
Bitcoin (BTC) is the leading cryptocurrency in terms of market capitalization. Thanks to its many assets, the digital asset outperforms all its competitors and is the preferred choice of many investors. Convinced of its strong potential, some are choosing to invest exclusively in this cryptocurrency, snubbing all other altcoins. Jonathan Kirkwood's Ten31 is one such company or investor betting exclusively on the leading crypto. According to one of its founders, this strategy is proving highly successful.
Litecoin (LTC) has recorded a 10% drop since its recent halving event, which occurred just 9 days ago. While this drop may seem surprising, it is actually in line with historical trends. Litecoin may not experience a bull-run before Bitcoin's Halving in 2024.
In an instant, passions flare, rumors rumble, and the financial world is in turmoil. Bitcoin ETFs, which have recently come under the spotlight, seem to be unleashing all kinds of passions. On the one hand, some are crying wolf, suggesting imminent dangers for investors. On the other, there are those who defend these newcomers as a genuine opportunity. So, between myth and reality, where does the truth lie?
Despite an unstoppable bear market, bitcoin (BTC) is still attracting investors. This infatuation with the flagship crypto is no accident. It's based on the financial relevance the asset has built up over the 14 years of its existence. A period during which the asset has seen its lows. The asset's lowest valuation was $0.001, its first estimated value in October 2009. The flagship crypto has also experienced highs. In November 2021, the price of bitcoin reached a valuation of $69,992. This figure remains, by far, the highest ever reached by bitcoin since it came into existence. Will the leading cryptocurrency return to this level again? Indeed, bitcoin seems to be facing a glass ceiling. Benefiting from the dynamics of the crypto market, the asset has twice reached a price of $30,000 this year. A level that the flagship crypto was subsequently unable to break through. Yet many players in the crypto industry don't seem to trust these trends. Indeed, many of them have repeatedly expressed their optimism in this regard. They believe that, given current economic and financial conditions, the price would explode. Could this be the reason why many asset managers are scrambling to buy as many bitcoins as possible? Find out below.
The leading cryptocurrency is back in the zone around $30k, while maintaining relatively low volatility. US inflation figures on Thursday could bring more movement on bitcoin (BTC). Is the current uptrend likely to continue?
Recently, the leading cryptocurrency has displayed a considerably low level of volatility. This contrasts with its generally volatile nature relative to other assets. However, some traders and analysts see this low volatility as a precursor to a possible explosive rise in Bitcoin (BTC).
Growing demand for Bitcoin spot ETFs is breathing new life into the price of the largest cryptocurrency of all time. While a potential bitcoin rally is on everyone's lips, the question is how much BTC is still available for sale.
In 2019, Swiss billionaire Marc Faber acquired bitcoins at a modest price of $3800. So far, no information suggests that he has sold his position. Does he still hold his precious Bitcoins (BTC)?
Volatility, an emblematic feature of Bitcoin, seems to be experiencing unusual days. The cryptoasset so well known for its erratic movements is currently displaying lower volatility than even the S&P 500, technology stocks and even gold. A surprising phenomenon, but what is it really hiding? Could it be the calm before the storm?
In South Korea, gold bars can now be purchased as easily as energy drinks. Since September 2022, gold vending machines have been installed in shopping malls by GS Retail. They are accessible on a self-service basis and are very popular with the public! Interestingly, most shoppers are in their twenties and thirties. This brings the debate about access to physical precious metals back onto the table.
Another technical indicator gives a bullish signal, suggesting promising long-term prospects for the leading cryptocurrency. It suggests an imminent long-term rise, although bitcoin (BTC) may first revisit $28k before taking off.
While Litecoin's Halving is generating interest this week, the flagship cryptocurrency, BTC, is showing a bullish configuration. One renowned trader claims that a rise towards $52k is inevitable for bitcoin (BTC), based on the SSA (Senko Span A), a component of the Ichimoku indicator.
It's a done deal. China now uses the yuan more than the dollar in its international trade. A requiem for the imperial currency.
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.
After a worrying technical break, Chainlink's share price performed at +60%. What prospects lie ahead for the benchmark blockchain oracle?
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.
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.
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?
After rejecting the $2.1K mark, the Ethereum price twice unsuccessfully tested the psychological $2,000 threshold.
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.
Asset manager BlackRock recently filed a Bitcoin ETF application with the SEC. The procedure has had such a positive impact that many analysts see the bitcoin (BTC) market exploding. In the meantime, the procedure initiated by BlackRock seems to have a more important, short-term objective.
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.
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?