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.

Is MicroStrategy a bubble? What is the risk for Bitcoin’s price?

CryptoQuant CEO Says Satoshi’s Vision for Bitcoin To Be Electronic Cash May Be Realized in 2030 – Here’s How

October 27, 2024 The Daily Hodl

Bitcoin

The chief executive of market intelligence firm CryptoQuant says that Satoshi’s vision for Bitcoin (BTC) could come to fruition by 2030. In a new post on the social media platform X, Ki Young Ju says that the top crypto asset by market cap could start to be seriously considered as a form of digital cash […]

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Is MicroStrategy a bubble? What is the risk for Bitcoin’s price?

Trader Michaël van de Poppe Says Markets About To Go Vertical, Outlines Six-Figure Price Targets for Bitcoin

October 25, 2024 The Daily Hodl

Bitcoin

A closely followed crypto analyst says the crypto markets are about to go parabolic, predicting a massive six-figure price tag for Bitcoin (BTC). In a new strategy session, crypto trader Michaël van de Poppe tells his 733,700 followers on the social media platform X that if they believe in the narrative surrounding BTC’s halving cycles, […]

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Is MicroStrategy a bubble? What is the risk for Bitcoin’s price?

Bitcoin Approaching Longest Sideways Consolidation in Halving-Year History, According to CryptoQuant CEO

October 13, 2024 The Daily Hodl

Bitcoin

The chief executive of market intelligence firm CryptoQuant says that Bitcoin (BTC) is nearing the longest sideways consolidation period ever during one of its halving years. In a new thread on the social media platform X, Ki Young Ju says that if the crypto king doesn’t spark a rally within the next two weeks, it […]

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Is MicroStrategy a bubble? What is the risk for Bitcoin’s price?

US election outcome won’t slow Q4 Bitcoin rally, says hedge fund

September 30, 2024 Coin Telegraph

Apollo Crypto

Neither US party has attempted to adequately address the country’s spiraling debt and deficit problem, which will play into Bitcoin’s hands post-election, says a hedge fund manager.

Bitcoin’s price will benefit from the upcoming United States presidential election regardless of who wins, according to the investment chief behind ZX Squared Capital.

The impact of April’s Bitcoin halving event has historically led to strong fourth quarters, and both US presidential candidates have failed to address a key issue that could play into Bitcoin’s favor, CK Zheng, chief investment officer of crypto hedge fund ZX Squared Capital, told Cointelegraph.

Bitcoin (BTC) has also benefited from uncertainties stemming from previous US presidential elections before the winning party was declared, and Zheng believes it won’t be any different this time.

Is MicroStrategy a bubble? What is the risk for Bitcoin’s price?

Biggest fears about Bitcoin’s future: Industry weighs in

September 25, 2024 Coin Telegraph

Reddit’s Bitcoin community remains optimistic about BTC, but members are still eager to discuss the most valid concerns regarding Bitcoin's future.

Bitcoin (BTC) has achieved significant success since its inception, but some within the community remain concerned about its future.

On Sept. 14, a Redditor on the Bitcoin subreddit appealed to the community with a question on the most legitimate concerns about the future of BTC.

What scares you the most about Bitcoin’s future? Source: Reddit

Is MicroStrategy a bubble? What is the risk for Bitcoin’s price?

‘History suggests it’s breakout time for Bitcoin’ — Rekt Capital

September 24, 2024 Coin Telegraph

Accumulation

A Bitcoin breakout could happen within the next “handful” of days, according to a pseudonymous crypto market analyst.

Bitcoin and crypto markets could be on the cusp of a breakout if historical cycle patterns repeat, according to an analyst.

In a Sept. 24 X post, analyst Rekt Capital observed that in previous market cycles, Bitcoin (BTC) has historically broken out from its reaccumulation range between 154 and 161 days after the halving.

This cycle’s BTC halving occurred on April 20, 157 days ago, so we are within the breakout time frame, he said, adding:

Is MicroStrategy a bubble? What is the risk for Bitcoin’s price?

The 5 Month Halving Hangover: Bitcoin Miners Continue to Face Revenue Struggles

September 21, 2024 Bitcoin.com

Bitcoin

Metrics reveal that although BTC prices climbed 6.97% in September, Bitcoin’s hashprice—the anticipated daily revenue from 1 petahash per second (PH/s)—remains ultra-low. This suggests that miners are still dealing with extremely thin profits. With just nine days left in the month, miners have already earned a hair over 62% of what they brought in during […]

Is MicroStrategy a bubble? What is the risk for Bitcoin’s price?

Bitcoin’s Computational Power Falls 9.95% After Record Hashrate

September 18, 2024 Bitcoin.com

Bitcoin

Recent metrics reveal that after Bitcoin’s network hashrate reached an all-time high of 693 exahash per second (EH/s) and saw a 3.58% difficulty increase, its computational power decreased this week. In the nine days since this peak, the hashrate has fallen by 9.95%. Bitcoin Miners Confront Economic Hurdles as Bitcoin Hashrate Dips Bitcoin miners are […]

Is MicroStrategy a bubble? What is the risk for Bitcoin’s price?

Bitcoin Halving Events No Longer Drive BTC Price, Report Says

September 5, 2024 Bitcoin.com

Analysis

Outlier Ventures’ new report claims the four-year Bitcoin halving cycle “is dead,” arguing that halving events no longer significantly impact bitcoin’s price due to a maturing crypto market. The report suggests the influence of halvings diminished after 2016, with recent price movements driven more by Bitcoin ETFs and macroeconomic factors, such as the post-Covid capital […]

Halving

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