Bitcoin

Amid regulatory uncertainties in the U.S., a surprising player might soon shake up the crypto scene. While the SEC wrestles with custody issues, China could be on the brink of igniting a major market surge. This move has the potential to elevate Bitcoin and push certain altcoins to unprecedented levels. Discover which coins are poised for explosive growth. CYBRO Presale Exceeds $2.5 Million: A One-in-a-Million Next GEN DeFi Investment Opportunity CYBRO is capturing the attention of crypto whales as its…

American comedian and writer Bill Maher ignited a heated debate about cryptocurrency through his comments on an HBO panel. He criticized the industry’s environmental impact, a topic that has attracted widespread attention. With over 10 million followers on X (formerly Twitter), Maher’s comments have resonated broadly, sparking significant discussion. Crypto Community Debunks Bill Maher’s Bitcoin Claims Since its inception, Bitcoin has faced scrutiny from critics across various sectors. Often, these detractors lack a comprehensive understanding of the Bitcoin ecosystem, yet…

The Federal Reserve left the door open for further interest rate cuts, and China has enacted cuts of its own. Bitcoin experts are bullish towards the future, but some uncertainty remains. The next few weeks will be critical for Bitcoin’s growth. Rate Cuts Worldwide Officials from the Federal Reserve are open to further rate cuts. The first round of cuts does not appear to have many outright political opponents, leaving the door wide open for more. As Neel Kashkari, President…

An analyst has explained how the next Bitcoin top could be situated around $400,000, if this model for the asset’s price continues to hold. Bitcoin Long-Term Power Law Could Reveal Possible Location Of Next Top In a new post on X, analyst Ali Martinez has talked about what the Long-Term Power Law could say about the next potential Bitcoin top. The “Long-Term Power Law” here refers to a BTC price model created by Bitbo. The model involves three lines, the…

Recently, a significant movement of older Bitcoin holdings has been observed on the network, sparking discussions about potential selling pressure in the market. This activity, as shown in data by the on-chain analytics platform CryptoQuant, has led to analysts advising “extreme caution” in the face of this development. Old Bitcoin On The Move: A Signal for Caution? A CryptoQuant analyst under the pseudonym XBTManager noted that Bitcoin’s upward trend has been accompanied by increased activity on the network, particularly from wallets that…

Bitcoin (BTC) and Ethereum (ETH) continued to climb after witnessing a slight correction on Tuesday as the crypto market rally continued. BTC is within touching distance of $65,000, and ETH is close to the $2,700 mark. The overall crypto market capitalization also registered an increase of 2.01% to climb to $2.26 trillion. BTC is up over 2% in the past 24 hours, while ETH is up 0.80% in the same duration.  The surge in the cryptocurrency and traditional markets can…

The BTC/USD pair is at a very critical juncture right now. Making the all-important higher high at $65,050, or rolling over and falling below $63,900 could impact the $BTC price for the short to medium term. Huge market forces control the Bitcoin price There are huge forces that eventually decide the larger movements in the Bitcoin price. These market forces are beyond the ken of the average retail traders, and the $BTC price going up or down a few hundred…

Bank of New York Mellon (BNY Mellon) is making significant strides toward launching custody services for Bitcoin (BTC) and Ethereum (ETH), following its recent exemption from the Securities and Exchange Commission’s (SEC) Staff Accounting Bulletin (SAB) 121.  As previously reported by Bitcoinist on Friday, BNY Mellon is the first bank to receive this exemption, allowing it to avoid treating the custody of cryptocurrencies as a balance-sheet liability. BNY Mellon Seeks To Expand Crypto Custody Services The announcement came to light…

Optimism about the Bitcoin future outlook remains strong, with a crypto analyst forecasting a massive $100,000 price increase for the pioneer cryptocurrency. With expectations of an even greater price surge, the analyst believes that a $100,000 ATH for Bitcoin in 2025 is a nominal price target. Why Bitcoin Will Rise To $100,000 In 2025 Luke Broyles, a prominent crypto analyst and Bitcoin enthusiast recently dived into a discussion about the relationship between Bitcoin’s price and inflation, specifically how the United…