Tag: btc

Bitcoin (BTC) Price Soars to $106K, Then Retreats as Hawkish Fed Rate Cut Looms

Bitcoin (BTC) surged to over $106,000 in early Asian hours, setting new all-time highs before quickly retreating to $104,500 amid concerns about the upcoming U.S. Federal Reserve (Fed) rate cut. The U.S. central bank is expected to reduce the benchmark borrowing cost by 25 basis points to the 4.25% to 4.5% range, marking a total easing of 100 basis points since September. However, there are concerns that the accompanying Fed commentary will seek to temper expectations for further easing, potentially diminishing the bullish impact of the rate cut. The Fed…

Bitcoin Breaks Barriers: Network Hashrate Smashes 800 EH/s as BTC Eyes New Price Highs

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According to the latest stats, Bitcoin’s network hashrate has soared past the 800 exahash per second (EH/s) mark, based on the seven-day simple moving average (SMA). The network’s computing might has hit a record-breaking high of 805 EH/s. Bitcoin Hashrate Hits Record-Breaking 805 EH/s Over the weekend, bitcoin (BTC) has stayed comfortably above the $100,000 […] Original

BTC price to $150,00, ETH to $10,000; here is what analysts are saying about Yeti Ouro

Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. Bitcoin hits $100K, Ethereum steadies, and new altcoin Yeti Ouro nears presale end with under 10% remaining. Bitcoin continues to soar this week, reclaiming $100,000 after a slight dip midweek, and analysts expect BTC prie to hit $150,000 within the next year as more governments seek to adopt it in their national strategic reserves. Ethereum has been trading around $4,000, but as the altcoin season beckons, experts expect it…

Happy Cat, Hyperliquid, Virtuals spike; BTC exceeds $100k

Cryptocurrency prices held steady on Saturday, Dec. 14 as the recent consolidation continued. Bitcoin (BTC), the biggest cryptocurrency, remained above $101,382 at last check Saturday as it struggled to retest the all-time high of $104,000. VanEck predicts that the coin will rise to $180,000 in 2025.  Source: CoinGecko Happy Cat (HAPPY), HyperLiquid (HYPE), and Virtuals Protocol (VIRTUAL) were some of the best-performing coins on Saturday.  Happy Cat price rises after Uphold listing HAPPY, which is a fast-growing Solana meme coin, rose by 35%, while HYPE and Virtuals jumped by 15%…

Bitcoin Daily Bollinger Bands Expand, Why BTC Price Could Rise To $120,000 As Early As Next Week

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Este artículo también está disponible en español. According to Tony Severino, a crypto analyst on X (formerly Twitter), the Bitcoin price could surge significantly to $120,000 by next week. The analyst has grounded his bullish projection on Bitcoin’s daily Bollinger Bands (BB), highlighting that these indicators are expanding while BTC displays a similar price action observed in 2023. BTC Price Targets $120,000 ATH On December 12, Severino shared a chart demonstrating a technical analysis of Bitcoin using the Bollinger Bands and a historical correlation of late 2023 price behavior. The…

Riot acquires 5,117 BTC for $510m

Riot Platforms has added to its growing Bitcoin holdings after the crypto miner and infrastructure provider scooped 5,117 more BTC for $510 million. The Colorado-based Bitcoin (BTC) mining company announced the fresh acquisitions on Dec. 13, noting that the purchase follows its $525 million convertible bond issue. On Dec. 11, Riot announced a $500 million convertible notes offering, which then upsized to an additional $75 million. The company’s latest BTC purchase is the proceeds of this issuance — a 5,117 BTC haul netted at the average price of $99,669 per…

Crypto Miners Are Adopting MicroStrategy’s Bitcoin (BTC) Buying Strategy: JPMorgan

MicroStrategy (MSTR), the software company founded by Michael Saylor, is not the only large-scale corporate buyer of bitcoin (BTC), JPMorgan (JPM) said in a Wednesday report. Crypto miners are also adopting the accumulation strategy. The shift to building up bitcoin holdings is driven by growing pressure on profitability, which stems from the reward halving in April and a rising network hashrate, the report said. Hashrate is the total computational power used to mine and process transactions on a proof-of-work blockchain and is a proxy for competition in the industry and…

Matrixport sees 60% upside for Bitcoin, targets BTC price to hit $160,000 in 2025

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With institutional support and growing adoption, Matrixport predicts Bitcoin will surpass $150,000 by 2025, signaling its transformation to a core global asset. Bitcoin’s (BTC) path to $160,000 by 2025 appears increasingly likely, as growing institutional backing and a maturing market set the stage for a major shift in its role within global finance, analysts at Matrixport said in a recent report. The analysts note Bitcoin’s integration into diversified portfolios “has proven effective,” with analysts recommending a “1.55% allocation to achieve optimal diversification while maintaining portfolio stability.” “Bitcoin and the broader…

FOMO Could Catapult Bitcoin to $150K by Mid-2025 — BTC to Become a ‘Must-Have’ Asset

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Bitcoin is forecast to soar to $150,000 by mid-2025, as surging FOMO and institutional investment drive ultra-bullish momentum in the cryptocurrency market. Bitcoin Could Hit $150K by Mid-2025 as FOMO Sends Markets Into Overdrive Nigel Green, CEO of financial advisory firm Devere Group, has predicted that bitcoin could climb to a new high of $150,000 […] Original

This Bitcoin (BTC) Indicator Mirrors Early November Vibe That Sparked a 40% Price Surge

Bitcoin (BTC) traders could be in for another thrilling ride. A key technical indicator that presaged November’s price surge is positioned precisely as it was then, signaling a potential volatility explosion ahead. That indicator is the Bollinger bandwidth, a tool used to gauge impending changes in market jumpiness. For bitcoin, the bandwidth has narrowed to less than 10%, a level not seen since Nov. 4, the day before the U.S. elections. The largest cryptocurrency subsequently surged to $100,000 from $70,000 in four weeks. Bollinger bands mark levels two standard deviations…