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Bitcoin Mining Giant Marathon Digital Makes Major $100M BTC Acquisition

Bitcoin News

Marathon Digital (MARA), one of the largest Bitcoin (BTC) mining companies, has recently announced a substantial acquisition of $100 million worth of Bitcoin.  This significant purchase, detailed in a recent company statement, has increased Marathon’s Bitcoin holdings to over $1 billion at current prices, showing the company’s confidence in the future price appreciation of the…

Bitcoin Mining Giant Marathon Digital Makes Major $100M BTC Acquisition Read More »

Crypto Analyst Says Bitcoin Is Headed For $260,000 But This Must Happen First

Bitcoin

A crypto analyst has predicted that Bitcoin (BTC), the world’s largest cryptocurrency, is on track to reach an unprecedented $263,000. However, he also emphasized that this bullish surge to new all-time highs is contingent on Bitcoin meeting specific market conditions.  Bitcoin Set For Massive Rally To $263,000 In an X (formerly Twitter) Cup with Handle…

Crypto Analyst Says Bitcoin Is Headed For $260,000 But This Must Happen First Read More »

VanEck Predicts Bitcoin Price Could Hit $52.38 Million, Here’s When

Bitcoin

In a new report dated July 24, 2024, from VanEck, the investment firm’s digital assets research team, headed by Matthew Sigel and Patrick Bush, sets forth an exceptional prediction: Bitcoin could soar to a value of $52.38 million per coin by 2050 in their most bullish scenario. The analysis, titled “Bitcoin 2050 Valuation Scenarios: Global…

VanEck Predicts Bitcoin Price Could Hit $52.38 Million, Here’s When Read More »

Bitcoin Price Prints Rare Buy Signal With 84% Win Rate, $80,000 Coming?

Bitcoin

After rising by more than 28% over the 16 days, the Bitcoin price was rejected at key resistance at $68,500 on Sunday. Since then, the BTC price is displaying a slight pullback, but according to Charles Edwards, the founder of Capriole Investments, investors can expect the bullish momentum to continue. Edwards shared the chart below…

Bitcoin Price Prints Rare Buy Signal With 84% Win Rate, $80,000 Coming? Read More »

Mt. Gox Creditors Opt To HODL Bitcoin Rather Than Sell, CryptoQuant Data Shows

Bitcoin News

Amid the recent recovery from a significant price correction of over 25% that sent the Bitcoin price to a 6-month low of $53,500, the largest cryptocurrency on the market has since recovered to trade in the $66,000 to $68,000 range despite the start of Mt. Gox creditor repayments.  Investors, buoyed by prospects of continued price…

Mt. Gox Creditors Opt To HODL Bitcoin Rather Than Sell, CryptoQuant Data Shows Read More »

Bitcoin Enters Final Wave 5 As World Events Signal Massive Surge

Bitcoin

Bitcoin started the new week in an uptrend, signaling a return of bullish sentiment among crypto investors. This bullish sentiment has continued to propel the price forward with $70,000 remaining the major target from here. According to one analyst, this recovery signals an entrance into the final wave, which is Wave 5, that could send…

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Mt. Gox Creditors Begin Withdrawing Owed Bitcoin And BCH Funds Via Kraken

Bitcoin News

After a decade-long wait, creditors of the now-defunct Mt. Gox Bitcoin exchange have finally begun receiving their owed Bitcoin (BTC) and Bitcoin cash (BCH) via the Kraken and Bitstamp crypto exchanges.  However, this had a notable impact on the cryptocurrency market, contributing to a nearly 4% drop in the price of Bitcoin after users confirmed…

Mt. Gox Creditors Begin Withdrawing Owed Bitcoin And BCH Funds Via Kraken Read More »

Will Bitcoin Reach A New All-Time High? Crypto Analyst Reveals Why $90,000 Is Possible

Bitcoin

Crypto analyst RLinda has made a bullish case for Bitcoin, suggesting that the flagship crypto could soon hit a new all-time high (ATH). She also provided reasons why Bitcoin could rise to as high as $90,000.  Why Bitcoin Could Rise To As High As $90,000 RLinda mentioned in a post on TradingView that fundamental and…

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Don’t Get Shaken Out, Analyst Says Bitcoin And Altcoins Rally Is Just Starting

Altcoin

The crypto market is again all shades of green, with Bitcoin and Crypto analyst Capo of Crypto has provided further optimism, suggesting that these tokens will still make more massive moves to the upside. “The Best Is Yet To Come” For Bitcoin Capo of Crypto opined in an X (formerly Twitter) post that the “best…

Don’t Get Shaken Out, Analyst Says Bitcoin And Altcoins Rally Is Just Starting Read More »

Here’s Why The Bitcoin Price Crashed Below $66,000, Taking Shiba Inu And Dogecoin With It

Bitcoin

On Sunday, the Bitcoin price saw a sudden crash that sent the likes of Dogecoin and Shiba Inu spiraling alongside it. This crash saw $2,000 wiped off the Bitcoin price in mere minutes, bringing it back down below $66,000. While this decline did not last at the time, there were a few factors behind it,…

Here’s Why The Bitcoin Price Crashed Below $66,000, Taking Shiba Inu And Dogecoin With It Read More »

Expert Claims Bitcoin Could ‘Go Vertical With A $100,000 Candle’: Here’s The Trigger

Bitcoin

As the Bitcoin 2024 conference in Nashville draws near, scheduled for July 25-27, the BTC community braces for what could be a pivotal moment in Bitcoin’s history. The event is attracting unprecedented attention, possibly set to surpass the landmark announcement in 2021 by Jack Mallers that El Salvador would adopt Bitcoin as legal tender. The…

Expert Claims Bitcoin Could ‘Go Vertical With A $100,000 Candle’: Here’s The Trigger Read More »

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