It’s completely normal for such a pause to occur after a staggering $20,000 price surge in just a week, shattering previous lifetime peaks. Such pauses typically recharge bulls’ engines for the next leg higher and traders in the options market are positioning for a breakout to $110,000-$120,000, according to data shared by QCP Capital. Source
Genius Group to prioritize bitcoin as the primary asset for its treasury. Smart Bitcoin Investment for Genius Group Genius Group, an AI-powered education and acceleration group has decided to adopt a “bitcoin-first” strategy, making bitcoin its primary treasury asset. The adoption of this strategy came after the company reorganized its board with the addition of […] Original
Meet Samuel Edyme, Nickname – HIM-buktu. A web3 content writer, journalist, and aspiring trader, Edyme is as versatile as they come. With a knack for words and a nose for trends, he has penned pieces for numerous industry player, including AMBCrypto, Blockchain.News, and Blockchain Reporter, among others. Edyme’s foray into the crypto universe is nothing short of cinematic. His journey began not with a triumphant investment, but with a scam. Yes, a Ponzi scheme that used crypto as payment roped him in. Rather than retreating, he emerged wiser and more…
BlackRock’s IBIT fund continued to see strong inflows for the fourth consecutive day, with $778.2 million flowing into the fund on Nov. 12, while other ETFs experienced a slowdown as Bitcoin dipped below $86,000. According to data compiled by SoSoValue, the 12 spot Bitcoin ETFs recorded net inflows of $817.54 million on Tuesday, extending their inflow streak to five consecutive days and bringing the total accumulated inflows to over $4.2 billion. The surge in investment appears to be largely fueled by a wave of market optimism following Donald Trump’s re-election…
Arthur Hayes predicts bitcoin could hit $1 million, driven by Trump’s massive credit expansion policies, which he argues will fuel inflation and push investors toward hard assets like BTC. Arthur Hayes Sees a Million-Dollar Bitcoin Amid Shifting US Policies Arthur Hayes, co-founder and former CEO of crypto exchange Bitmex, predicts bitcoin could surge to $1 […] Original
Robert Kiyosaki shares the price level at which he will stop buying bitcoin, emphasizing discipline over greed as the market heats up. When to Stop Buying Bitcoin — Robert Kiyosaki Shares His Price Threshold Robert Kiyosaki, author of the financial classic Rich Dad Poor Dad, has shared his guidance on investing in bitcoin, including advice […] Original
Este artículo también está disponible en español. Crypto investors are getting excited about the latest price surge of Bitcoin, which occurred only days after the US election, fueled by favorable market sentiment toward the digital currency industry. Long-term holders of the firstborn cryptocurrency are now becoming interested in Bitcoin, as the digital coin is fast approaching the much-anticipated $90,000 mark. Related Reading $90K Is Just Around The Corner Data showed that BTC’s price continues to surge, and analysts are confident that it will hit the $90,000 level sooner than expected.…
Este artículo también está disponible en español. In his latest essay titled “Black or White?”Arthur Hayes, co-founder and former CEO of crypto exchange BitMEX, lays out an analysis predicting that Bitcoin could soar to $1 million. Hayes argues that forthcoming US economic policies under the second term of Donald Trump could set the stage for unprecedented Bitcoin growth. Hayes draws parallels between the economic strategies of the United States and China, coining the term “American Capitalism with Chinese Characteristics.” He suggests that, similar to China’s approach under Deng Xiaoping and…
Blackrock’s spot bitcoin exchange-traded fund (ETF), the Ishares Bitcoin Trust (IBIT), launched in January, has now surpassed the Ishares Gold Trust (IAU) in assets under management (AUM). According to Factset, IBIT reached approximately $34.3 billion on Friday, overtaking IAU’s nearly $33 billion. This milestone follows President-elect Donald Trump’s victory, with Trump openly supporting cryptocurrency during […] Original
The largest crypto retraced around 5% to the low-$85,000 level earlier Tuesday, shaking out some late leveraged buyers. The pullback didn’t last long, though, with prices quickly rebounding and clinching a new all-time high of $90,100 on Coinbase‘s BTC-USD pair towards the later hours of the U.S. session before giving back some of the gains. The CryptoX Bitcoin Index (XBX), which tracks pricing data from multiple exchanges, hit $89,971 as the price on Coinbase topped $90,000. Source CryptoX Portal