Trump isn’t the only ‘story’ driving Bitcoin’s price higher, says exec

November 12, 2024 Coin Telegraph

Donald Trump’s win in the United States presidential election may not be the “main story” driving the Bitcoin price rally, says Onramp Bitcoin co-founder Jesse Myers.

Donald Trump’s election victory in the United States is unlikely “the main story” behind Bitcoin’s recent pump — with an analyst pointing instead to a post-halving supply shock.

“If you’re wondering what’s happening with #Bitcoin… Yes, the incoming Bitcoin-friendly administration has provided a recent catalyst… But, that’s not the main story here,” said Onramp Bitcoin co-founder Jesse Myers in a post on X on Nov. 11.

The Bitcoin (BTC) halving in April cut block rewards from 6.25 BTC to 3.125 BTC, which means every next block becomes harder to solve for less reward.

Bitcoin not a ‘threat’ to the US dollar: Goldman Sachs CEO

Fed Report Explores How Crypto Price Changes Affect Ownership

September 7, 2024 Bitcoin.com

bitcoin prices

A report by the Federal Reserve Bank of Philadelphia’s Consumer Finance Institute found that cryptocurrency ownership declined during market downturns, despite price increases in bitcoin. Data from multiple surveys showed that crypto interest and ownership did not rise, even as prices surged. The report suggests further research into consumer behavior in response to market fluctuations […]

Bitcoin not a ‘threat’ to the US dollar: Goldman Sachs CEO

Peter Brandt Anticipates Bullish Move for Bitcoin, Says ‘Bears Are Trapped’

July 16, 2024 Bitcoin.com

bear traps

Veteran trader Peter Brandt’s recent bitcoin analysis suggests a bullish momentum, noting that a bear trap is confirmed by the July 13 close. However, this outlook is contingent on bitcoin staying above $56,000. Brandt recently predicted a potential BTC peak at $150,000 by late 2025. Peter Brandt Foresees Bullish Momentum for Bitcoin Veteran trader Peter […]

Bitcoin not a ‘threat’ to the US dollar: Goldman Sachs CEO

Former Bitmex Chief Expects Crypto Prices to ‘Slump’ Around the Bitcoin Halving

April 15, 2024 Bitcoin.com

Arthur Hayes

Former Bitmex CEO Arthur Hayes has explained why he believes that “bitcoin and crypto prices in general will slump around the halving.” He added that from now until May 1, he “will be in a no-trade zone,” emphasizing that “April will experience extreme weakness in risky asset markets.” Bitcoin Price Will ‘Slump Around the Halving,’ […]

Bitcoin not a ‘threat’ to the US dollar: Goldman Sachs CEO

Skybridge Founder: Bitcoin Halving Not Priced in — BTC Has ‘a Lot More’ Upside

April 7, 2024 Bitcoin.com

Anthony Scaramucci

Skybridge Capital founder Anthony Scaramucci remains bullish on bitcoin, dismissing the notion that the potential benefits of the upcoming halving are already priced in. He emphasized that bitcoin has significant room for further growth, noting that the crypto could “trade to half of the valuation of gold,” which translates to a potential six to tenfold […]

Bitcoin not a ‘threat’ to the US dollar: Goldman Sachs CEO

Market of ‘Extreme Greed’ Persists Amid Unprecedented June Bitcoin Perpetual Futures Sell-Off

April 7, 2024 Bitcoin.com

Bitcoin (BTC)

In the past 24 hours, the cryptocurrency market experienced a modest increase of 2.16% against the U.S. dollar, with bitcoin’s value lingering slightly above the $69,000 threshold. The Crypto Fear and Greed Index (CFGI) indicates that the market’s mood remains in an “extreme greed” phase. Market Sentiment Swings Between ‘Greed’ and ‘Extreme Greed’ Despite Bitcoin’s […]

Bitcoin not a ‘threat’ to the US dollar: Goldman Sachs CEO

Blackrock’s Bitcoin ETF Adds 12,623 BTC in Largest Single-Day Purchase Since Launch

March 6, 2024 Bitcoin.com

Bitcoin Price Predictions

Blackrock’s spot bitcoin exchange-traded fund (ETF), the Ishares Bitcoin Trust (IBIT), has broken its record for the largest single-day bitcoin purchase since its launch. The world’s largest asset manager’s spot bitcoin ETF now holds 183,345 bitcoins. Blackrock Bought the Bitcoin Dip Blackrock’s spot bitcoin exchange-traded fund (ETF), the Ishares Bitcoin Trust (IBIT), amassed the largest […]

Bitcoin not a ‘threat’ to the US dollar: Goldman Sachs CEO

Skybridge Founder Insists It’s ‘Still Very Early’ to Buy BTC — Sees Bitcoin as the New Berkshire Hathaway

March 5, 2024 Bitcoin.com

Anthony Scaramucci

Skybridge Capital founder Anthony Scaramucci has insisted that it is “still very very early” to buy bitcoin. He likened the cryptocurrency to Warren Buffett’s company, calling it the “Berkshire Hathaway of the 21st century.” He opined: “It was never ‘too late’ to buy Berkshire stock. It is still very very early for bitcoin.” ‘Bitcoin Is […]

Bitcoin not a ‘threat’ to the US dollar: Goldman Sachs CEO

Galaxy Digital Sees ‘Tremendous Global Demand for Bitcoin’ — CEO Says ‘There’s a New Army of Buyers’

March 3, 2024 Bitcoin.com

Bitcoin demand

Galaxy Digital CEO Mike Novogratz sees “a tremendous global demand for bitcoin,” emphasizing: “This is probably the first time in the history of bitcoin that we have true price discovery.” Noting that there is “a new army of buyers” and there is also “an army of salespeople,” he expects the price of bitcoin to be […]

Bitcoin not a ‘threat’ to the US dollar: Goldman Sachs CEO

Bloomberg Strategist Sees Bitcoin as Global Alternative Currency — Warns Stock Market Drawdown Could Impact BTC

March 2, 2024 Bitcoin.com

bitcoin futures

Bloomberg Intelligence’s senior commodity strategist, Mike McGlone, says bitcoin is “becoming an alternative currency on a global basis,” noting that “The world’s going towards intangible assets and bitcoin is the most significant in cryptos.” However, the strategist warned that as bitcoin’s price approaches $70,000, a key test for the cryptocurrency may come “when the U.S. […]

bitcoin prices

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