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Tag: Bitcoins
Key Metrics Suggest Bitcoin’s Rally to $90K and Beyond is Sustainable
Bitcoin is currently experiencing a price correction but underlying metrics show bullish run is on track to continue. Bitcoin Can Deliver Another Wave of Massive Pumps Over the past week, bitcoin (BTC) has set multiple new all-time highs with the latest seeing the number cryptocurrency hit the $89,600 mark. However, a healthy correction was bound […] Original
Made in USA: Mara Expands Mining Capacity, Bets Big on Bitcoin’s American Future
Mara, a publicly traded, U.S.-based mining conglomerate listed on Nasdaq, has announced a new expansion of its Bitcoin mining sites in the country. Two sites have already been acquired, and one is in development in Ohio, which will provide the company with 372 megawatts that will be fully energized by 2025. Mara Bets on U.S. […] Source CryptoX Portal
Trump isn’t the only ‘story’ driving Bitcoin’s price higher, says exec
Donald Trump’s election victory in the United States is unlikely “the main story” behind Bitcoin’s recent pump — with an analyst pointing instead to a post-halving supply shock. “If you’re wondering what’s happening with #Bitcoin… Yes, the incoming Bitcoin-friendly administration has provided a recent catalyst… But, that’s not the main story here,” said Onramp Bitcoin co-founder Jesse Myers in a post on X on Nov. 11. “The main story here is that we are 6+ months post-halving.” The Bitcoin (BTC) halving in April cut block rewards from 6.25 BTC to…
Ethereum Price Moves Up, Yet Lags Behind Bitcoin’s Momentum
Este artículo también está disponible en español. Ethereum price started a fresh increase above the $3,120 resistance. ETH is showing positive signs but struggling to catch up Bitcoin’s momentum. Ethereum started a fresh increase above the $3,000 resistance zone. The price is trading above $3,120 and the 100-hourly Simple Moving Average. There is a key bullish trend line forming with support at $3,230 on the hourly chart of ETH/USD (data feed via Kraken). The pair could continue to rise if it clears the $3,350 resistance. Ethereum Price Eyes Steady Increase…
FOMO Unleashed: Expert Reveals How Far Bitcoin’s Rally Could Go
Bitcoin’s new all-time high has ignited fear of missing out (FOMO) among investors, driving speculation on how high it could soar before any realities dampen the momentum. Bitcoin’s Unstoppable Climb Ignites FOMO Across Global Markets Bitcoin has reached a new all-time high, spurred by investor enthusiasm and a wave of “fear of missing out” (FOMO) […] Original
Bitcoin’s rally to $80k not driven by retail FOMO, Gemini’s Winklevoss says
As Bitcoin reached a new all-time high, Gemini co-founder Cameron Winklevoss suggested the real rally is yet to come. Bitcoin (BTC) has still room to grow as the recent spike to a new all-time high was not driven by retail fear of missing out, Gemini‘s co-founder Cameron Winklevoss speculates. The road to $80k bitcoin was paved with steady ETF demand. Not retail FOMO. Little fanfare. People buy ETFs, they don’t sell them. This is sticky HODL-like capital. Floor keeps rising. Where are we in the cycle? We just won the…
From $28K to $150K: Bitcoin’s Wild Year-End Price Predictions Flood Social Media
On Sunday, bitcoin hit a fresh all-time high, sparking a wave of price predictions across social media for what the currency might reach by the end of 2024. With bitcoin currently trading in the $80,000 range, many enthusiasts are setting their sights on a potential $100,000 by Dec. 31. Crypto Enthusiasts Set Bold Bitcoin Targets […] Original
Sunday Shockwave: Bitcoin’s $80K Surge Triggers Massive $430M Crypto Liquidation
As bitcoin and ether climb steadily, driving the crypto economy upward, a wave of liquidations has swept through the crypto derivatives markets. In the past 24 hours alone, more than $300 million in short positions were liquidated. $300M in Short Bets Liquidated as BTC Hits All-Time High Just before 7 a.m. ET on Sunday, bitcoin […] Original
Wrapped in Chains: Bitcoin’s Centralization Trap
This Op-Ed explores if there is a way out of the centralization cycle for wrapped Bitcoin. TLDR: The Greeks wrote about Sisyphus, eternally pushing his boulder uphill, only for it to roll back down. In crypto, we keep pushing Bitcoin toward decentralization, only to watch wrapped versions roll back into centralized hands. Is this our […] Original