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Bitcoin Network Fundamentals Could Sustain $265,000 Price, CryptoQuant CEO Explains

Bitcoin News

The CEO of analytics firm CryptoQuant has explained how the Bitcoin network fundamentals could support a market cap three times the current size. Bitcoin Hashrate/Market Cap Ratio Could Reveal Ceiling For Cycle In a new post on X, CryptoQuant founder and CEO Ki Young Ju has talked about what the network fundamentals could reveal about…

Bitcoin Network Fundamentals Could Sustain $265,000 Price, CryptoQuant CEO Explains Read More »

Fundstrat CEO Predicts When Bitcoin Price Will Reach $150,000 And $500,000

Bitcoin

Thomas Jong Lee, the Chief Executive Officer (CEO) of Fundstrat, an independent financial research boutique, has maintained a bullish stance on Bitcoin. The financial analyst has predicted that the world’s largest cryptocurrency could surge massively, doubling its current price to reach $150,000 during the 2024 crypto market cycle.  Bitcoin Could Go Parabolic In 2024 During…

Fundstrat CEO Predicts When Bitcoin Price Will Reach $150,000 And $500,000 Read More »

Bitcoin Suffers Massive Outflows Amid Crypto Market Uncertainty, Tops $284 Million

Bitcoin

The recent unimpressive price action of Bitcoin is playing out in the minds of institutional investors, with recent data highlighting their bearish sentiment. This has led to a wave of massive outflows from  Bitcoin investment products, which could negatively impact the flagship crypto.  Bitcoin Investment Products Record $284 Million Of Outflows CoinShares revealed in a…

Bitcoin Suffers Massive Outflows Amid Crypto Market Uncertainty, Tops $284 Million Read More »

Bitcoin Gets A ‘Monster’ Whale Boost With $1.2 Billion ETF Purchase

Bitcoin

Susquehanna International Group, a behemoth in asset management with a trading volume handling numerous financial products globally, has made a substantial investment in Bitcoin through various exchange-traded funds (ETFs). A disclosure to the Securities and Exchange Commission (SEC) on May 7 revealed that Susquehanna held approximately $1.2 billion in spot ETFs during the first quarter…

Bitcoin Gets A ‘Monster’ Whale Boost With $1.2 Billion ETF Purchase Read More »

Bloomberg’s Mike McGlone Reveals Why A $150,000 Bitcoin Price Target Is Far Off

Bitcoin

Mike McGlone, Senior commodity strategist at Bloomberg Intelligence, has made a rather pessimistic prediction for Bitcoin, emphasizing that the cryptocurrency’s potential rise to $150,00 was a long shot. The strategist has revealed factors that could make Bitcoin’s projected surge to $150,000 difficult, highlighting both macroeconomic trends and Bitcoin’s performance in 2024.  Bitcoin Surge To $150,000…

Bloomberg’s Mike McGlone Reveals Why A $150,000 Bitcoin Price Target Is Far Off Read More »

The Next Big Catalyst For Bitcoin? What Michael Saylor Predicts

Bitcoin

In an interview with journalist Natalie Brunell, Michael Saylor, executive chairman and co-founder of MicroStrategy, laid out his vision for what could next propel the price of Bitcoin. His insights come at a time when the digital currency landscape is experiencing pivotal regulatory and institutional developments. The Next Big Catalyst For Bitcoin Price Saylor pinpointed…

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NEAR Price Rally: 9% Surge Recaptures Key Level, Records 160% TVL Growth In Q1

Near

Decentralized application (dApp) platform Near Protocol exhibited notable growth in key metrics during the first quarter (Q1) of 2024, driving its native token NEAR to reclaim a crucial key level and paving the way for a potential retest of its all-time high (ATH) from January 2022.  According to a recent report by Messari, NEAR experienced…

NEAR Price Rally: 9% Surge Recaptures Key Level, Records 160% TVL Growth In Q1 Read More »

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