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Month: January 2024

Bitcoin Latest News

Bitcoin Expected To Mirror Historical Trends: Glassnode Sets $120K Price Prediction For 2024

January 22, 2024 - by - Leave a Comment

Bitcoin (BTC), the largest cryptocurrency in the market, has encountered a significant downturn following the waning hype around exchange-traded funds (ETFs), resulting in a 9% decline over the past fourteen …

Bitcoin Expected To Mirror Historical Trends: Glassnode Sets $120K Price Prediction For 2024 Read More
Bitcoin Latest News

Bitcoin-Based Digital Art Image ‘Genesis Cat’ Sells for $254K in Sotheby’s Auction

January 22, 2024 - by - Leave a Comment

The sale of the digital image from the Taproot Wizards project came as popularity surges for the NFT-like creations minted atop the Bitcoin blockchain’s Ordinals protocol. All in, some 19 …

Bitcoin-Based Digital Art Image ‘Genesis Cat’ Sells for $254K in Sotheby’s Auction Read More
Bitcoin Latest News

Bitcoin Price “Mad Heavy,” Why A Detour To $30,000 Might Be Imminent

January 22, 2024 - by - Leave a Comment

The Bitcoin price took a downside turn over the weekend and seems ready to re-test critical support levels. The downside price action was triggered by a spike in selling pressure …

Bitcoin Price “Mad Heavy,” Why A Detour To $30,000 Might Be Imminent Read More
Bitcoin Latest News

Bitcoin Bulls Buoyed by Report of FTX’s $1B GBTC Sale

January 22, 2024 - by - Leave a Comment

Flows of fresh investor money into the newly approved spot bitcoin ETFs may be far higher than previously thought.Read MoreCoinDesk: Bitcoin, Ethereum, Crypto News and Price Data[#item_full_content]

Bitcoin Bulls Buoyed by Report of FTX’s $1B GBTC Sale Read More
Bitcoin Latest News

Bitcoin Slides Below $40K, Now Down Nearly 20% From Post-ETF Euphoria

January 22, 2024 - by - Leave a Comment

Analysts at 10x Research are eyeing the $38,000 level for a potential bottom.Read MoreCoinDesk: Bitcoin, Ethereum, Crypto News and Price Data[#item_full_content]

Bitcoin Slides Below $40K, Now Down Nearly 20% From Post-ETF Euphoria Read More
Bitcoin Latest News

Hold On For Four Months: Analyst Predicts When Bitcoin Price Will Reach New ATH

January 22, 2024 - by - Leave a Comment

Bitcoin has been experiencing a downward trend recently, dropping from its 2023 all-time high of about $49,000 to below $41,000 at the time of writing. Despite this significant price correction, …

Hold On For Four Months: Analyst Predicts When Bitcoin Price Will Reach New ATH Read More
Bitcoin Latest News

Bitcoin Puell Multiple At Crucial Juncture: Will Retest Save Rally?

January 22, 2024 - by - Leave a Comment

On-chain data shows the Bitcoin Puell Multiple indicator is currently retesting a crucial level that may end up deciding the fate of the latest rally. Bitcoin Puell Multiple Is Now …

Bitcoin Puell Multiple At Crucial Juncture: Will Retest Save Rally? Read More
Bitcoin Latest News

Analyst Foresees Bitcoin Downtrend Until GBTC Is Liquidated

January 22, 2024 - by - Leave a Comment

Chris J Terry, a cryptocurrency analyst and enthusiast, has revealed his insights on the price action of Bitcoin, predicting a continuous decline in the price of the crypto asset. Analyst …

Analyst Foresees Bitcoin Downtrend Until GBTC Is Liquidated Read More
Bitcoin Latest News

China’s Currency Woes to Weigh on Bitcoin: Crypto Observer

January 22, 2024 - by - Leave a Comment

Measures taken by the People’s Bank of China to cushion yuan against the stock market slide could weigh over bitcoin’s price.Read MoreCoinDesk: Bitcoin, Ethereum, Crypto News and Price Data[#item_full_content]

China’s Currency Woes to Weigh on Bitcoin: Crypto Observer Read More
Bitcoin Latest News

FTX Sold About $1B of Grayscale’s Bitcoin ETF, Explaining Much of Outflow: Sources

January 22, 2024 - by - Leave a Comment

BTC’s price has fallen since bitcoin ETFs were approved. In theory, now that FTX is done selling its substantial holdings, the selling pressure could ease since a bankruptcy estate liquidating …

FTX Sold About $1B of Grayscale’s Bitcoin ETF, Explaining Much of Outflow: Sources Read More

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