Posts

Showing posts with the label btc

Bitcoin’s time to shine officially begins: BTC to $150K next?

Image
Bitcoin (BTC) is entering its most historically bullish period of the year, with data showing that late October through early November has delivered the highest probability of positive returns over the past decade. A 10-year seasonality Analysis indicates that Bitcoin has recorded gains in up to 90% of instances during this timeframe, according to insights shared by charting platform TrendSpider.  Bitcoin seasonality chart. Source: TrendSpider This pattern has often preceded major rallies, including the strong uptrends seen in 2017 and 2020, as investor sentiment and liquidity typically strengthen heading into year-end. Market observers note that Bitcoin’s seasonal trend aligns with the ongoing consolidation phase around the $110,000 spot, suggesting conditions could be favorable for another leg higher. The pattern held true in 2024, when Bitcoin surged past $100,000 for the first time, fueled by spot ETF inflows, renewed institutional demand, and growing regu...

Bitcoin Dominance Dilemma – Why Capital Flows Back To BTC Before Fuelling Altcoin Rally

Image
Reason to trust Strict editorial policy that focuses on accuracy, relevance, and impartiality Created by industry experts and meticulously reviewed The highest standards in reporting and publishing How Our News is Made Strict editorial policy that focuses on accuracy, relevance, and impartiality Ad discliamer ...

Here’s Bitcoin price levels to watch as BTC acts as stablecoin

Image
After dropping below the crucial $110,000 support zone, Bitcoin (BTC) has entered a prolonged consolidation phase, with a trading expert identifying key price levels to watch. Specifically, Analysis by Ted Pillows indicates that with limited movement, the leading digital currency is showing signs of acting like a stablecoin, which could be the calm before volatility, he said in an X post on September 28. Bitcoin price analysis chart. Source: Ted Pillows According to his insights, at the current level, the $107,000 mark stands as immediate support. If that area fails to hold, Pillows noted that Bitcoin could fall toward the $100,000 zone, where stronger demand is expected. On the flip side, reclaiming $113,500 would put bulls back in control, opening the way toward $118,000 and potentially the $124,000 resistance. Bitcoin price remains in the chop zone  Meanwhile, Analysis by BitBull offered another outlook for Bitcoin amid the current indecision by tr...

Bitcoin vs. Gold: How Safe-Haven Assets Reacted to Tariff

Image
April has been all about tariffs. The US government led by Donald Trump imposed broad new tariffs which primarily focused on imports. Several countries like China, India, Vietnam, and others were hit with tariffs of up to 46%. Trump did not stop at this; several investigations around pharmaceutical and electronics industries, as well as mineral imports, are underway. Amidst this, the US yet again hit China with a 245% retaliatory tariff. With this trade war taking place in full swing, several markets were being impacted. Bitcoin (BTC) has been often touted as a safe haven asset. But the king coin was seen slipping while gold stood strong. Also Read: De-dollarization: Goldman Sachs Predicts Grim Future for U.S. Dollar How Much Has Bitcoin Dropped Since The Tariff Announcement? Source: Watcher Guru According to data curated by CryptoQuant, Bitcoin has reportedly dipped by 16.7% since the tariff announcement. The world’s largest cryptocurrency had a notable start to 2025 as it rose a...

Eric Trump Joins Metaplanet As Advisor, Stock Soars 17%

Image
Metaplanet stock surged more than 17% after the Japan-based investment firm announced Eric Trump would join its Strategic Board of Advisors. ”His business acumen, love of the Bitcoin community and global hospitality perspective will be invaluable in accelerating Metaplanet’s vision of becoming one of the world’s leading Bitcoin Treasury Companies,” Metaplanet’s CEO Simon Gerovich said of US President Donald Trump’s son in a March 21 announcement on X. Metaplanet is aggressively expanding its Bitcoin holdings, targeting 10,000 BTC by year-end. The firm has already acquired 1,288 BTC in the first 11 weeks of 2025, ramping up its accumulation strategy from last year. Metaplanet Aims To Build A Board Of Influential Voices The recent move by Metaplanet, a firm often known as Japan’s MicroStrategy (now Strategy), is part of the company’s plan to build a board of influential voices, speakers and thought leaders from across the globe who wan...

Expert sets date when Bitcoin will hit $150,000 as BTC ‘shows first signs of life’

Image
A trading expert is projecting that Bitcoin (BTC) will hit a record high of $150,000 in the coming months, even as the leading digital currency consolidates above $80,000 amid prevailing bearish sentiment. At the time of reporting, Bitcoin was trading at $83,863, up over 3% in the last 24 hours. However, in the weekly timeframe, the asset plunged by 7%. Bitcoin seven-day price chart. Source: Finbold Bitcoin’s path to $150,000 According to prominent online cryptocurrency analyst TradingShot , Bitcoin is showing the first signs of life after nearly testing its critical one-week moving average (1W MA50) earlier this week. Picks for you AI predicts this $500M-cap crypto could reach $100 billion for a 200x surge 1 hour ago WOO X introdu...

Ark Invest Predicts Bitcoin Will Hit $1.5 Million, Here’s When

Image
The cryptocurrency industry went into a state of shock after Bitcoin (BTC) dropped below the coveted $100,000 mark. The king coin started the first week of February on a bearish note as BTC dipped to a low of $93,000. While several lost hope and were selling their holdings, predictions from prominent firms unveiled a promising future for BTC holders. Ark Invest, in its latest report, highlights the possibility of BTC surging over $1 million. Also Read: US Congress Forms Crypto Task Force—Brace for New Regulations! Looking Into Bitcoin’s Current Market Source: Watcher Guru During the time of writing, BTC was trading at $98,051.24 following a 1.31% drop over the past 24 hours. The asset was seen slowly recovering from its latest drop. Earlier today, Bitcoin surged all the way to a high of $100,807.36. Source: CoinMarketCap During the month of January, the king coin recorded a new all-time high of $109,114.88. BTC is currently trading at 10.28% below this peak. This might seem like a...

From 1 BTC to 43,000 XRP in 2014—What's That Worth Today?

Image
The BTC to XRP evaluation reveals a stunning fact: despite Bitcoin’s meteoric rise to $94,000, one BTC still buys exactly 43,000 XRP at $2.18 each – the same amount as in December 2014. This remarkable cryptocurrency investment discovery has experts analyzing current XRP value patterns and wider crypto market trends in a new light. In December 2014, 1 $BTC bought you 43,000 $XRP Today, 1 $BTC buys you 43,000 $XRP Tell me more about that underperformance… pic.twitter.com/Z4sdUtwnw8 — Dom (@traderview2) December 21, 2024 Also Read: Cardano (ADA) Predicted To Hit $6: Here’s When Understanding BTC to XRP Today: Current Value, Trends, and Investment Insights Source: Watcher Guru A Decade of Price Stability Source: Dom on X “In December 2014, one Bitcoin could purchase 43,000 XRP. Today, despite Bitcoin’s significant price appreciation over the years, one Bitcoin still buys 43,000 XRP,” shares crypto analyst Dom (@traderview2). The BTC to XRP today numbers prove...

Coinbase Withdraws Support for Wrapped Bitcoin (wBTC) As BTC Careens Below $100,000

Top US-based crypto exchange platform Coinbase is removing support for Wrapped Bitcoin (wBTC) as the crypto king crashes below six figures. In a new thread on the social media platform X, Coinbase Assets says it has disabled trading services for wBTC, the tokenized representation of Bitcoin (BTC) on the Ethereum (ETH) blockchain, as the digital asset no longer meets the firm’s listing standards. “We have disabled trading for wBTC. Your wBTC funds will remain accessible to you, and you will continue to have the ability to withdraw your funds at any time.” Coinbase – which first announced its decision to drop support for wBTC in November – said earlier this week that Tron (TRX) founder Justin Sun being associated with the digital asset was an “unacceptable risk.” Last week, Coinbase was sued by wBTC custodian BiT Global – a firm associated with Sun – for allegedly using wBTC “cash grab” before ultimately creating its own ve...

What is the next MicroStrategy catalyst after NASDAQ 100?

What is the next MicroStrategy catalyst after NASDAQ 100? At the 4pm close of trading in New York, MicroStrategy will hear the determination of its highly anticipated bid to join the prestigious NASDAQ 100 index. The well-publicized event has already attracted bids from investors who view MicroStrategy as highly qualified for approval. After the NASDAQ committee’s announcement, there are a variety of other catalysts on the horizon for MicroStrategy, including year-end tax loss harvesting, the presidential inauguration, and quarterly earnings announcements. However, in addition to these, there’s also an idiosyncratic catalyst on its near-term calendar: a bitcoin (BTC)-specific, Financial Accounting Standards Board (FASB) rule change . The FASB establishes generally accepted accounting principles (GAAP) for US public companies and maintains financial accounting and reporting standards for Securities and Exchange Commission (SEC) filings. In its rulebook, the...

Shiba Inu Burn Rate Spikes 144,223%: Will SHIB Hit $0.00005?

Image
Shiba Inu’s (SHIB) burn rate has spiked by 144,233.06%. The project’s burn mechanism has sent over 2 billion SHIB tokens to the dead wallet. One transaction in particular is responsible for most of the burns. Source: Shibburn Also Read: Binance’s BNB Hits New All-Time High: Can It Hit $800 Next? Shiba Inu’s Price Movements Source: CoinGecko SHIB has reclaimed the $0.00003 price point once again. The asset has rallied 24.1% in the weekly charts, 23.7% in the 14-day charts, 80.2% over the previous month, and 231.4% since December 2023. Despite the rally, SHIB’s price has dipped 0.5% in the last 24 hours. The recent burns could be behind SHIB’s latest price spike. The crypto market is also witnessing a surge in altcoin prices. TRON (TRX) and BNB hit new all-time highs earlier today, and other altcoins are also experiencing significant gains. The surge in altcoins could be due to Grayscale filing for a Solana ETF and WisdonTree filing for an XRP ETF. Bitcoin (B...