Bitcoin has once again hit a new all-time high, this time tapping $69,255. But the crypto king still fighting to place resistance at the $69,000 level in the rearview mirror, priced at $68,357 at time of publishing, up 1.6% in the last 24 hours. Today’s record high comes as new numbers show BlackRock and Fidelity […]
The post Bitcoin Price Breaks All-Time High As BlackRock and Fidelity Holdings Surge to $12,300,000,000 in BTC appeared first on The Daily Hodl.
Bitcoin (BTC) has officially broken its all-time high in US dollars, defying naysayers who’ve long declared the crypto asset useless and dead. BTC just edged past its previous all-time high of nearly $69,000, which was set on November 10th, 2021, on multiple major exchanges including Coinbase, Binance and Bitstamp. At time of publishing, the leading […]
The post Bitcoin Price Breaks All-Time High in Epic Resurgence – Here’s What Happened the Last Time BTC Tapped Its ATH appeared first on The Daily Hodl.
A popular crypto analyst is laying out his timeline for Bitcoin (BTC) to surge to a new all-time high. In a new YouTube video, the anonymous host of InvestAnswers says $100,000 is an “easy, achievable target” for the king crypto during its next bull run. The InvestAnswers host says Bitcoin hitting $45,000 before Christmas is […]
The post Crypto Analyst Lays Out Timeline for New Bitcoin All-Time High as BTC Records Rapid Recovery From Lows appeared first on The Daily Hodl.
Bitcoin price is surging in lockstep with gold as the precious metal hits a new historic high, suggesting investors are preparing for stock market turmoil.
The price of gold has broken through a new all-time high, surpassing the significant level of $2,100 during the Asian session on Monday, Dec. Meanwhile, Bitcoin (BTC) has also surged above $41,000 for the first time in 19 months.
Bitcoin has made a triumphant return to the $40,000 threshold, a figure unseen since the heights of April 2022.
Wild tailwinds for bitcoin:
— Tuur Demeester (@TuurDemeester) December 4, 2023
✅ New ATH in gold
✅ to abolish central bank
✅ Worst bond crash in 250yrs
✅ BTC ETF on the cusp (?)
✅ Real estate trembling
✅ Consumer Tech languishing
✅ Banks shaking
✅ Fed getting ready to pump
✅ Halving in April
✅ Bitcoin L2 is here
What's more, Bitcoin has now risen over 140% since the beginning of the year.
Insights from Matrixport’s research head, Markus Thielen, suggest an even brighter future. With historical trends of post-bear market bull cycles and upcoming Bitcoin halving events as a backdrop, projections place Bitcoin at over $60,000 by April next year and as high as $125,000 by the end of 2024.
Related: BTC price models hint at $130K target after 2024 Bitcoin halving
Bitcoin is on a roll in 2023, breaking records left and right. For instance, on May 2, at block height 787,895, the cryptocurrency’s hashrate soared to 491 exahash per second (EH/s). Moreover, on April 20, at block height 786,240, the difficulty hit a new high of 48.71 trillion. But that’s not the only thing that’s […]
The meme-based token pepe (PEPE) has experienced a 14.9% decline against the U.S. dollar over the last 24 hours, continuing its downward trend from the last five days. Thus far, PEPE has seen a 60% drop in value from its all-time high on May 5. Rival Meme Tokens Challenge PEPE’s Dominance as Meme Token’s Value […]
The recently launched meme token, inspired by Pepe the Frog and dubbed PEPE, experienced a 12% decline against the U.S. dollar on Tuesday, plummeting its market valuation beneath the $1 billion threshold to a present $790 million. Concurrently, the total meme coin sector faced a 7% loss against the dollar, with the top six prominent […]
A buzz has been generated around a new layer one (L1) proof-of-stake blockchain initiative named Sui, following the network’s mainnet debut on May 3, 2023. The native token SUI has been listed on various cryptocurrency exchanges, drawing attention to the project. On the same day the network launched, SUI peaked at $2.16 per unit, but […]
Bitcoin miners are contending with the fifth network difficulty increase since February 24, 2023, following a 1.72% rise on April 20 at block height 786,240. The network’s difficulty now stands at 48.71 trillion, marking a 22.62% increase over the last 55 days since block height 778,176. Bitcoin’s Difficulty Has Risen More Than 22% Since Block […]
On Friday, Chia Network Inc. announced that it had submitted a draft registration statement on Form S-1 to the U.S. Securities and Exchange Commission (SEC), requesting an initial public offering (IPO). The blockchain network company, founded by Bittorrent creator Bram Cohen, will initiate the IPO after the U.S. securities regulator approves the filing. Bittorrent Creator’s […]