Key Takeaways Ever since the Merge went live in September, Ether has underperformed Bitcoin significantly This is despite the supply of Ethereum falling post-Merge More Ether is also being staked since the Shapella upgrade in April Demand has fallen with regard to Bitcoin, however, overriding the lower supply Regulatory crackdown and greater institutional interest in…
Bitcoin hovers near $30k as historical volatility lowest for the year
BTC price is near the $30k mark, which bulls may be desperate to protect. Bitcoin’s historical volatility is at its lowest level in 2023. Short-term bullish target could be above $34k, while major support is near $28.2k. Bitcoin’s price remains above $30,000 on Monday, but is seeing “remarkably little volatility.” According to a key technical…
Ripple secures a ‘huge win’ against SEC as U.S. Judge rules XRP is ‘not’ a security
Judge Analisa Torres rules XRP token is a not a security. Coinbase will resume trading in XRP in the next few minutes. XRP nearly doubled in value following the ruling today. “XRP” – the native token of Ripple Labs nearly doubled in value on Thursday after the crypto company secured a “huge win” against the…
Helium price spikes as Bitcoin and Ethereum hover at key levels
Helium rose double digits as did 1inch and NEM after US inflation data Bitcoin price on the other hand touched $31k on Coinbase and Ethereum hovered near $1.9k. Consumer prices rose 0.2% month-over-month and 3% year-over-year in June. Bitcoin moved slightly higher on Wednesday after stock markets reacted positively to the latest US inflation data….
Pro delivers a $2 trillion BCH, Solana, Litecoin, Mina, Bitcoin price prediction
An analyst at Standard Chartered delivered a strong Bitcoin prediction. He expects BTC price to jump to $120,000 in 2024. Bitcoin price has continued wavering in the past few weeks as investors wait for the next important crypto news and US inflation data. The coin was trading at $30,400, where it has been at in…
Bitcoin could hit $120,000 by the end of 2024: Standard Chartered
Standard Chartered analyst sees another 60% upside in Bitcoin this year. Geoff Kendrick explained his bullish view on BTC in a research note today. Bitcoin is already up a whopping 85% since the start of the year 2023. The massive rally in Bitcoin since the start of this year is just a drop in the…
BlackRock CEO Larry Fink: ‘crypto is digitalising gold in many ways’
BlackRock CEO Larry Fink was all praise for BTC in a recent interview. The asset manager refiled for a Spot Bitcoin ETF earlier this week. Bitcoin is currently up close to 90% versus the start of the year. Bitcoin made a new 52-week high this morning after Larry Fink – the Chief Executive of BlackRock…
Crypto services provider Matrixport predicts Bitcoin to $125k by the end of 2024
Key takeaways Matrixport believes that Bitcoin could rally to $125k by the end of next year. The crypto services provider points out that Bitcoin has already touched its bottom after rallying to the $31k level last month. Bitcoin could hit $125k by the end of next year Bitcoin, the world’s leading cryptocurrency by market cap,…
Anthony Pompliano expects SEC to eventually approve a Spot Bitcoin ETF
Pompliano says underlying fundamentals of Bitcoin are strengthening. He expects a Spot Bitcoin ETF to be a meaningful catalyst for BTC. Bitcoin is currently up a whopping 85% versus the start of the year. Anthony Pompliano agrees that Bitcoin could see friction in the near term but remains bullish on the digital asset for the…
Belarus planning to ban P2P crypto transactions
Belarusian President Alexander Lukashenko in 2022 signed a decree allowing free circulation of cryptocurrencies like Bitcoin in the country. The announcement somewhat seems to contradict the previous stand that Belarus has had on cryptocurrencies. If effected, Belarusians will not be allowed to use peer-to-peer crypto exchanges. The foreign ministry of Belarus is drafting new legislation…