Bitcoin Tumbles Below $93K, Erasing Half of Recent Rally Gains
Bitcoin experienced a sharp 4.8% decline to $93,000, triggering $550 million in liquidations and erasing half of last week's $8,100 rally. Despite the correction, analysts remain optimistic about retesting the $100,000 threshold, citing supportive fundamentals and seasonal patterns.
Bitcoin Price Nears $100K: McCormack Poised to Win $20K Wager Against Green
Podcast host Peter McCormack is on track to win a $20,000 bet against investment strategist Michael Green as Bitcoin approaches $100,000. While McCormack appears headed for victory, Green's clever hedging strategy could result in both parties profiting from the high-stakes wager.
Bitcoin's Journey: From $15 Skepticism to Six-Figure Milestone
Follow Bitcoin's remarkable 13-year transformation from a fringe experiment to a mainstream financial asset, defying critics and reaching unprecedented heights in 2024. The cryptocurrency's evolution showcases growing institutional acceptance, sophisticated infrastructure development, and corporate adoption that validates early believers' conviction.
Bitcoin Buying Pressure Soars as Whales Accumulate $4B Worth of BTC
Major cryptocurrency exchanges are witnessing unprecedented Bitcoin buying pressure with taker buy/sell ratios reaching remarkable levels, particularly on Binance. Large investors have accumulated over 40,000 BTC in just four days while exchange reserves continue declining.
Bitcoin to Hit $100K This Year: Ex-BitMEX CEO Makes Bold Price Prediction
Former BitMEX CEO Arthur Hayes forecasts Bitcoin reaching $100,000 by end of 2024 and $250,000 by 2025, citing U.S. fiscal policies and credit expansion as key drivers. His bullish outlook comes amid growing institutional interest, though he advises strategic profit-taking during the rally.
Gold vs. Bitcoin: State Street Expert Warns of Crypto's Misleading Appeal
State Street's chief gold strategist cautions against cryptocurrency investments, highlighting gold's superior stability and proven track record. As both assets reach remarkable highs, the debate intensifies over Bitcoin's marketing tactics and their attempt to co-opt gold's established reputation.
Bitcoin ETFs Could Surpass Gold ETFs in Record Time as Institutional Adoption Soars
US Bitcoin ETFs are rapidly closing the $23 billion gap with gold ETFs and could overtake them by Christmas, driven by strong institutional demand and Bitcoin's stellar performance. BlackRock's IBIT leads the charge with $48.4 billion in assets while Bitcoin hits new highs near $100,000.
AI-Managed Fund Predicts Bitcoin Surge to $140,000 Amid Regulatory Changes
A pioneering $30 million investment fund managed by three AI systems forecasts Bitcoin reaching $140,000, based on comprehensive market analysis and emerging trends. The bold prediction comes as the cryptocurrency industry faces potential regulatory shifts with upcoming leadership changes at the SEC.
Bitcoin Surges Past $99,000 as Trump Victory Fuels Crypto Rally
Bitcoin approaches the historic $100,000 milestone, driven by a 40% surge following Trump's election win and promises of crypto-friendly policies. Record ETF inflows and the recent halving event contribute to unprecedented price levels, though experts urge caution amid the rally.
VanEck Predicts Bitcoin to Hit $180,000 as Market Shows Early Bull Run Signs
Investment giant VanEck maintains its ambitious $180,000 Bitcoin price target, citing multiple indicators that suggest the current bull market is in its early stages. Key metrics including futures funding rates, relative unrealized profit, and retail participation levels point to significant upside potential.