Bitcoin’s Status as Digital Gold Challenged by Peter Schiff; Analysts Weigh In
Renowned economist and Bitcoin skeptic, Peter Schiff, recently cast doubt on Bitcoin’s potential to reach new highs, questioning its status as digital gold. In a tweet on March 24, Schiff expressed skepticism about Bitcoin’s ability to surpass its previous all-time…
A Bitcoin Miner Is Partnering With Nvidia To Provide AI Cloud Computing Services
Bitdeer, established in 2018 by Jihan Wu, has been a prominent player in the Bitcoin mining industry. Currently, it is swiftly expanding its GPU cloud business. Partnering with Nvidia, renowned for its strides in AI and graphics technology, Bitdeer gains…
Bitcoin ‘Finds Solid Ground’ But Needs To Secure This ‘Vital’ Support Level, Says Trader
Popular social media cryptocurrency trader and analyst, Ali Charts, highlighted Bitcoin’s key support and resistance levels, as the apex crypto trades just short of the $70,000 mark on Monday morning. What Happened: In a Monday tweet, Ali Charts outlined the…
Bitcoin to $60K? This 97% figure might come into play if…
BTC’s price moved marginally in the last 24 hours. Market indicators looked bearish on the coin. Bitcoin’s [BTC] price has been in a consolidation phase for the last few days, as it was sticking near the $70k mark. In fact, there…
Bitcoin halving or ETF flows: What will drive BTC to $195K?
BTC rallied +68% in Q1 2024, partly due to US spot BTC ETF flows. Krueger estimated that BTC will hit $195K by end-2024 due to the flows. Bitcoin [BTC] recorded an impressive Q1 2024 performance thanks to the flows from the…
‘Confident’ Bitcoin investors awaiting THIS bullish trigger from BTC at $70K
The number of entities having at least 1k coins shot up considerably. The accumulation banked on expectations of higher inflows into Bitcoin spot ETFs. Bitcoin [BTC] was consolidating around old all-time highs (ATH) as of this writing, as market participants eagerly…
Bitcoin, Ethereum, Dogecoin Spike Marking An End To Bullish Q1 2024 — Analyst Says King Crypto Could Ascend To $75K Mark If It Breaches Neckline Resistance
Major cryptocurrencies rose on Sunday evening as Bitcoin surged back to $70,000 marking the close to an end of a positive first quarter for traders. What Happened: Over the Easter weekend, Bitcoin saw an increase of approximately $1,000, seemingly influenced…
Bitcoin to $100K? The odds of it happening soon are…
Bitcoin’s price went just under the $70k mark. Metrics suggest that BTC will witness a further price correction. Bitcoin’s [BTC] value has been somewhat in a consolidation phase near the $70k mark for quite a few days. If the latest analysis…
Edward Snowden Says SEC Will ‘Lose’ Court Case Against Coinbase, Ethereum Co-Founder Thinks Metaverse Is ‘Poorly Defined’ And More: Weekly Cryptocurrency Roundup
The cryptocurrency market has witnessed an eventful week. The meme-based digital currency, Dogecoin, saw a sharp rise in value ahead of Doge Day. Bitcoin and Ethereum maintained their momentum despite little price change. A trader turned a minimal investment into…
Bitcoin, Ethereum price prediction for this week says…
Bitcoin and Ethereum showcased a bullish market structure on the 12-hour chart. Key retracement levels have been defended thus far, but a retest can’t be ruled out yet. Bitcoin [BTC] and Ethereum [ETH] continued to trade within the short-term range. They have a…