A widely followed crypto analyst is warning that Bitcoin (BTC) may suddenly undergo a massive correction. In a new strategy session, Benjamin Cowen tells his 850,000 YouTube subscribers that the extension from the 20-week simple moving average (SMA) is flashing bearishness for Bitcoin. “If you look at the short-term bubble risk, which is also just […]
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The government of El Salvador raised its daily Bitcoin (BTC) purchase by elevenfold on two separate days in the past week. The Central American country started buying one BTC every day in November 2022, shortly after the crypto exchange FTX imploded. Last Friday, however, El Salvador purchased more than 11 BTC worth $1.07 million, and […]
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Industry executives say Bitcoin staking, tokenized RWAs and AI agents will reshape the cryptocurrency ecosystem.
Decentralized finance (DeFi) will hit an inflection point in 2025, as Bitcoin staking, real-world asset (RWA) tokenization, and agentic artificial intelligence (AI) catalyze adoption, several industry executives told Cointelegraph.
In 2024, Bitcoin surpassed $100,000 per coin for the first time as investors poured more than $100 billion into spot BTC exchange-traded funds (ETFs).
“Bitcoin’s (BTC) all-time high will spark renewed interest in crypto from institutions and regulators alike and should reinvigorate the entire crypto sector in 2025,” Dean Tribble, CEO of layer-1 network Agoric Systems, told Cointelegraph.
NO BYLINE, THANK YOU Exchange-traded funds (ETFs), governments and MicroStrategy (MSTR) own nearly one-third of all known Bitcoin (BTC) holdings. The 31% of known BTC holdings owned by ETFs, governments and MicroStrategy represents a 14% increase from December 2023, according to Ki Young Ju, the founder and chief executive of the digital asset analytics firm […]
The post 31% of All Bitcoin Holdings Now Belong to ETFs, Governments and Microstrategy (MSTR): CryptoQuant CEO appeared first on The Daily Hodl.
Former Goldman Sachs executive Raoul Pal believes that the crypto market will rally heading into the end of 2024. In a new interview with crypto trader Scott Melker, the macro guru says that based on historic precedence, Bitcoin (BTC) and other digital assets may put up larger gains during the last week and half of […]
The post Macro Guru Raoul Pal Predicts Crypto Market Will Rally ‘Pretty Strongly’ Into Year-End – Here’s His Outlook appeared first on The Daily Hodl.
Bitcoin has fallen 14.5% from its peak high this month as the cryptocurrency dipped below $92,500 this week.
Bitcoin dropped to its lowest price since late November, dampening hopes of a “Santa Claus rally,” which have historically resulted in solid gains over the holiday period in years that preceded market cycle peaks.
Bitcoin (BTC) fell to $92,442 during late trading on Dec. 23, its lowest price in four weeks, and a correction of 14.5% from its all-time high of just over $108,000 on Dec. 17.
It briefly rebounded to reclaim $95,000 before falling back to $94,000 during early trading on Dec. 24 and remains down more than 11% over the past week.
A popular crypto analyst is issuing a warning about Bitcoin as BTC chops around the $90,000 range. The trader Ali Martinez tells his 102,400 followers on the social media platform X that Bitcoin could plummet more than 24% from its current value if it loses one key support range. The crypto analyst looks at the […]
The post Trader Issues Bitcoin Alert, Warns BTC Could Drop Sharply if Critical Support Zone Crumbles – Here Is His Target appeared first on The Daily Hodl.
A widely followed crypto analyst says that Ethereum and altcoins are bracing for a swing to the upside as ETH prints the same pattern it did in 2020. In a new video update, crypto strategist Jason Pizzino tells his 344,000 YouTube subscribers that the Ethereum/Bitcoin (ETH/BTC) pair is flashing a “major altcoin signal.” However, he warns […]
The post Ethereum and Altcoins Gearing Up for Explosive Move As ETH Mirrors December 2020 Structure: Jason Pizzino appeared first on The Daily Hodl.
Digital assets manager CoinShares says institutional investors poured hundreds of millions into crypto investment vehicles last week in spite of market-wide sell pressure. In its latest Digital Asset Fund Flows report, CoinShares says that last week, institutional crypto investment products saw net inflows of $308 million. “Digital asset investment products saw a continuation of inflows last […]
The post Institutional Crypto Products Continue Inflow Hot Streak Despite Market Sell-Off: CoinShares appeared first on The Daily Hodl.
A closely followed crypto strategist says Bitcoin (BTC) is forming a bullish pattern similar to what was witnessed earlier this year before sparking massive surges. Analyst Justin Bennett tells his 115,700 followers on the social media platform X that Bitcoin formed an ascending channel on the daily chart in Q1 of this year when BTC […]
The post Bitcoin Flashing Bullish Pattern That Led to 100% Rally Earlier This Year, According to Analyst Justin Bennett appeared first on The Daily Hodl.
