
Where’s Bitcoin Price Heading Next? $70,000 or $90,000?
Analysts suggest that Bitcoin price is facing a strong wall at $84,000, which could lead to a breakout for BTC toward $96,000.
Analysts suggest that Bitcoin price is facing a strong wall at $84,000, which could lead to a breakout for BTC toward $96,000.
Crypto analyst Ali Martinez used the Mayer Multiple to predict that Bitcoin could skyrocket to $208K if it breaks above $86,900.
Bitcoin has again dipped to $76,900, driven by rumors of potential BTC liquidation by Strategy while experts expect a market rebound once macro tensions ease.
The People’s Bank of China is allowing a free float on the yuan, a move that may fuel a rapid breakout of Bitcoin price.
Bitcoin price plunged 8% to $76,100 in the past 24 hours, triggering over $1.4 billion in market liquidations, with Arthur Hayes calling it a buy-the-dip opportunity.
Bitcoin network’s hashrate hitting the 1 ZH/s mark for the first time in history amid a massive 8% price dip.
BitMEX co-founder Arthur Hayes argues that Trump’s reciprocal tariffs will ultimately benefit Bitcoin by weakening the US dollar and increasing the demand for alternative assets.
GameStop’s latest fundraising brought its stock to the green zone as the video game retailer wants Bitcoin exposure.
Bitcoin price rebounds above $84K as selling slows. Traders eye $86K resistance and $78K support for the next move.
Japanese investment firm Metaplanet Inc acquired an additional 696 BTC using cash-secured put options, bringing its total holdings to 4,046 BTC.
Spot Bitcoin ETFs recorded their second-largest monthly outflow in March as the crypto community showed mixed reactions toward the market movements.
Metaplanet Inc’s board of directors approved bond issuance worth $13.33 million to buy Bitcoin.
Bitcoin price has fallen to $81,500 as global markets brace for potential volatility with the onset of Trump’s “Liberation Day” tariffs on April 2.
The Bitcoin Macro Index has started showing signs of bearish divergence raising concerns that Bitcoin may have already reached its long-term peak.
Market volatility is at play, with Bitcoin currently trading around the $85,000 range and Peter Brandt backing a potential drop to $70,000
Bitcoin News Today
Bitcoin (BTC) news covers all information on Bitcoin and other related cryptocurrencies. Bitcoin is a digital currency that was created in 2009 by anonymous founder Satoshi Nakamoto and has since gone on to lead the rise of other digital currencies like it, such as Ethereum (ETH), Ripple (XRP), Litecoin (LTC), EOS, Binance Coin (BNB), Monero (XMR), Bitcoin Cash (BCH) and Tether (USDT) among others. The cryptocurrency is decentralized and thus can be sent and transacted over its own peer to peer Blockchain network without a middleman verifying a transaction.
Bitcoin Adoption
Bitcoin (BTC) has grown in leaps over the decade and has had it’s worth multiply in hundreds and thousands since January 2009 when the first BTC block was mined. Bitcoin transactions are irreversible and pseudonymous amongst other properties. Confirmed transactions on the Bitcoin Blockchain network cannot be undone, which in its way also contributes to the strong security associated with BTC.
Over time the awareness that bitcoins like most crypto currencies operate outside the control or regulation of any third parties such as banks, financial institutions, or the government triggered a wakeup call directed to the risks investors may be exposed to when involved in this venture.
Venturing in Bitcoin
Apart from being trustless, the crypto coin is also permissionless, which sets it apart from traditional fiat currencies and government issued money. The cryptocurrency exchange is also important in bitcoin transactions and the overall ecosystem. You’ll need a cryptocurrency exchange to exchange fiat currencies or regular-coins for some BTC.
Bitcoin Mining
Bitcoin mining operations are done to issue new BTCs into the market, with the overall BTCs eligible for circulation set at 21 million. At present, Bitcoin now has more than 18 million coins in circulation and its next halving event, which would reduce its mining rewards by half for the third time, has been slated for May 2020. At present, Bitcoin has a total market capitalization higher than $110 billion and has hit records higher than 300 billion in the past. The next few years might see Bitcoin eclipse its previous records.