The price of Bitcoin (BTC) is going parabolic. BTC has surged from about $76,000 on Friday to $79,373 at time of publishing. The leading crypto asset has forcefully rallied following Donald Trump’s sweeping victory over Kamala Harris last week. Trump has called himself the pro-Bitcoin and crypto candidate, stating he will support the $2.6 trillion […]
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Bitcoin (BTC) just hit a new all-time high of $74,504 as Donald Trump’s odds of winning the presidency surge on betting sites. The online betting site Polymarket now has Trump at a 92.2% chance of winning the election. At time of publishing, NBC News projects Trump has secured 210 electoral votes, with Harris securing 91. […]
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Bitcoin has topped $70,000, its highest price since June after US-based ETFs surpassed total net inflows of over $22 billion.
The price of Bitcoin has just crossed the $70,000 milestone for the first time since June 10 following two strong weeks of inflows into the United States spot Bitcoin exchange-traded funds (ETFs).
Bitcoin (BTC) jumped by 3% in the last day to a high of $70,150 on Oct. 28 before falling back below $70,000, TradingView data shows.
Bitcoin’s change in price over the 24 hours. Source: TradingView
Bitstamp’s Bobby Zagotta said Ether ETFs came at a “burdened moment” for risk assets but was optimistic things would pick up at the end of the year.
Spot Ether exchange-traded funds (ETFs) would have fared better if they had launched alongside Bitcoin ETFs in January, says the executive leading Bitstamp’s efforts in the United States.
“I think they have not lived up to expectations, but I attribute that to this moment in time,” Bitstamp CEO for the Americas and global commercial chief Bobby Zagotta told Cointelegraph at TOKEN2049.
Bitcoin (BTC) ETFs launched on Jan. 10, 2024, and accumulated net inflows of $17.5 billion over the course of eight months, according to CoinGlass data.
The U.S. Securities and Exchange Commission (SEC) has issued a bulletin warning about the risks of bitcoin and ether exchange-traded funds (ETFs), highlighting their speculative nature. The regulator urged investors to consider potential issues like price volatility, fraud, and lack of regulatory oversight. SEC Warns Investors About Risks in Bitcoin and Ether ETPs The U.S. […]
Bitcoin may rise to $90,000 by the end of the year if former U.S. President Donald Trump wins the presidential election, according to brokerage and research firm Bernstein. The firm’s analysts believe that Trump’s pro-crypto stance and regulatory reforms could boost the cryptocurrency market while a Kamala Harris victory may cause bitcoin to fall below […]
Crypto market sentiment dropped back into “extreme fear” amid Bitcoin’s price slump, with Arthur Hayes predicting that it could drop again.
Crypto market sentiment has fallen back into “extreme fear” as Bitcoin briefly fell below $56,000, while BitMEX co-founder Arthur Hayes predicts it could sink at another 12% to fall under $50,000 over the weekend.
The Crypto Fear & Greed Index — which measures market sentiment and trends to give a total possible score of 100 — hit a score of 22 on Sept. 6, showing “extreme fear,” a seven-point drop from the day prior that pinned sentiment at “fear.”
It’s the lowest score and price since the index hit 20 on Aug. 8 and the first time it has re-entered the “extreme fear” zone since Aug. 12, when the index hit 25.
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 […]
Bitfinex’s analysts expect bitcoin’s price to potentially drop to the low $50,000s or mid $40,000s if the Federal Reserve cuts interest rates this month. The “historical price action for September also aligns with our view of a projected 20 percent drop in bitcoin prices following a rate cut,” the Bitfinex analysts said. Bitfinex Predicts Bitcoin […]
Several financial analysts predict that gold prices will continue to gain ground, supported by forecasts that the Federal Reserve will cut interest rates later this year. According to Patrick Yip of American Precious Metals, the $3,000 mark could be reached as soon as next year if geopolitical issues and central bank demand persist. Financial Analysts […]