Category: Bitcoin Price

Model Suggests BTC Price Floor Is $39K, Survey Shows Hope for Year-End $100K Bitcoin Price

Model Suggests BTC Price Floor Is $39K, Survey Shows Hope for Year-End $100K Bitcoin Price

Bitcoin prices have been better after the second week of September, hovering around $46.5K to $48.5K per unit during the last two days. Meanwhile, bitcoin proponents still believe a significant second-leg up will be happening this year and a recent survey published by Plan B with 123,410 votes shows people believe bitcoin will reach $100K […]

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Breaking: World’s Largest Hedge Fund Manager Says Regulators Would Kill Bitcoin

Ray Dalio, the American Billionaire, and Manager of the World’s Largest Hegde Fund Bridgewater Associates believe regulators would try to “kill” Bitcoin if it becomes very successful. Dalio who has turned into a Bitcoin proponent after bashing it for years, recently revealed he holds Bitcoin himself and called it a better alternative to Gold. Dalio’s […]

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Cathie Wood Says Bitcoin ($BTC) Would Top $500,000 in 5 Years, Here’s Why

Cathie Wood, the CEO of investment management firm Ark Invest is a known Bitcoin bull. In a recent interview, Wood was asked about her Bitcoin price projection in the next five years, to which she responded with a figure of $500,000 per Bitcoin claiming she believes the price of the top cryptocurrency would increase by […]

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Bitcoin Crowd Sentiment Falls to Historic Low, Here’s Why It Bullish for $BTC Price

Bitcoin’s ($BTC) price rose above $45K again after a comparatively low activity-filled weekend. The price of the top cryptocurrency lost $50K key support during last week’s market flash crash. $BTC was looking well set to test $55K resistance but now is struggling to build momentum above $50K. Source: TradingView Bitcoin broke out of 3-month long […]

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Bitcoin Could ‘Go up Significantly,’ Says CIO of World’s Largest Asset Manager Blackrock

Bitcoin Could ‘Go up Significantly,’ Says CIO of World’s Largest Asset Manager Blackrock

The chief investment officer of the world’s largest asset manager, Blackrock, says he could see bitcoin going up significantly. “I like assets that are volatile that have upside convexity,” he said. Blackrock CIO Sees Significant Upside to Bitcoin Rick Rieder, Blackrock’s chief investment officer (CIO) of Global Fixed Income, was asked Friday in an interview […]

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Bitcoin Whales Derivative Accumulation Surges, Here’s Why it Could Send BTC Over $50K

Bitcoin’s (BTC) price has moved sideways since the Tuesday flash crash that saw top cryptocurrency lose over 20% of its market value within an hour. The price fell from near $53K to sub $43K levels before recovering above $45K. The price volatility on Tuesday led to Bitcoin losing a strong on-chain support zone of $45K-$50K. […]

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Why MicroStrategy Executives Are Selling Their Stocks? Here’s the Bitcoin (BTC) Connection

MicroStrategy, the Fortune 500 company that started the trend of public companies holding Bitcoin (BTC) on their balance sheet recently filed their monthly report with the SEC. The latest filing has got the crypto community abuzz as it revealed some of the top executives in the company have unloaded their stocks. The monthly filing revealed […]

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First Day of Bitcoin as Legal Tender: El Salvador Buys the Dip, Country’s BTC Stash Grows

First Day of Bitcoin as Legal Tender: El Salvador Buys the Dip, Country’s BTC Stash Grows

Bitcoin is now legal tender in El Salvador, and the country’s bitcoin stash has grown to 550 coins. The Salvadoran government started buying the cryptocurrency Monday ahead of the Bitcoin Law taking effect. On Tuesday, President Nayib Bukele said El Salvador bought the dip. El Salvador Buys More Bitcoin El Salvador’s Bitcoin Law came into […]

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Bitcoin Price Dive-Bombs on the Same Day El Salvador Adopts the Crypto Asset

Bitcoin Price Dive-Bombs on the Same Day El Salvador Adopts the Crypto Asset

After touching a high of $52,956 on Monday evening, the very next day the price of bitcoin slid to a low of $42,900 at around 11 a.m. (EST). Bitcoin is currently trading for prices between $46K-$47K per unit and down 8% during the last 24 hours. Bitcoin Price Slides Significantly After Nearing $53K Crypto advocates […]

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