Tag: btc

Bitcoin Price (BTC) Down 2% on Tether Criminal Probe Report

Earlier in the session, crypto prices had been on the rise, with bitcoin (BTC) nearing the $69,000 level and perhaps readying for a late-day or weekend challenge of topping $70,000 for the first time in three months. In the minutes following the news on Tether, bitcoin had tumbled to as low $66,500, down nearly 2% over the past 24 hours, before modestly bouncing back to $66,800. The broader market gauge CoinDesk 20 Index was lower by 2.3% over the same time frame. Source

Ancient Bitcoin Wallet Awakens: 399 BTC From 2012 Moved by This Month’s 2011 Whale

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On Oct. 25, a long-dormant bitcoin wallet from June 5, 2012—12 years and 4 months old—sprang back to life, moving 399 BTC. 12-Year-Old Wallet Transfers 399 BTC—Tied to the 2011 Bitcoin Whale This month has captivated many as several old wallets, especially from 2011, have awakened while bitcoin’s value remains higher than in September. Bitcoin.com […] Original

Bitcoin Soars Towards $68K Amid Microsoft BTC Investment Filing

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Este artículo también está disponible en español. Microsoft is preparing for a critical shareholder meeting on December 10, during which the future of Bitcoin as a potential investment will be a heated topic. At present, Bitcoin is trading at approximately $68,115, which represents an increase of approximately 1.22%. The rise in interest aligns with constant debates around the cryptocurrency as an inflation hedge, which some Microsoft investors find appealing. Related Reading Bitcoin price up in the last 24 hours. Source: Coingecko Microsoft’s Position On Bitcoin Microsoft revealed in a recent…

Bitcoin (BTC) Price Has Less Than 10% Chance of Reaching $100K by Year-End, Options Market Data Shows

Options-implied probabilities are calculated by using the Block-Scholes model or other pricing models that take into account factors like current spot market price, strike price, time to expiration, volatility, and the risk-free rate. Options-based probabilities are positively correlated with implied volatility: The greater the volatility, the higher the odds of bitcoin hitting certain levels. Source

Bitcoin 2024 Forecast: Experts Split on $125K Bullish or $40K Bearish BTC Outlook

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Bitcoin’s future value remains a hot topic, with Finder’s latest survey reflecting expert opinions on its trajectory. While BTC is expected to hit $77,636 by the end of 2024, long-term projections predict growth to $113,364 by 2025 and $282,238 by 2030. Despite this cautious optimism, opinions are divided, especially concerning bitcoin’s mainstream adoption for everyday […] Original

Wall Street to Surpass Satoshi as Top Bitcoin Holder This Year — Analysts Expect $200K BTC Soon

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Bitcoin could reach $200,000 next year, driven by institutional adoption and major market events, according to a new report. Analysts expect Wall Street to surpass Bitcoin’s pseudonymous creator, Satoshi Nakamoto, as the largest BTC holder. “By the end of 2024, we expect Wall Street to replace Satoshi as the top Bitcoin wallet,” they noted. Bitcoin […] Original

Bitcoin (BTC) ETFs Will Soon Hold One Million Tokens, Nearly as Much as Satoshi

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Fueled most recently by major inflows into the funds as bitcoin (BTC) rallies into the election, the ETFs, which only opened for business on Jan. 11 of this year, currently hold roughly 967,459 tokens. With just a modest continuation of inflows, they are likely to cross the one million mark in the next couple of weeks, bringing them into the territory of Satoshi Nakamoto, who owns 1.1 million tokens, per Blockchain.com data. Original