Bitcoin Price Could Hit $750K to $1M by 2026 — Arthur Hayes Arthur Hayes, the co-founder and former CEO of cryptocurrency exchange BitMEX, has made a bold prediction for the future of Bitcoin, stating that he believes its price will soar to $750,000 to $1 million by 2026. This would represent a more than 2,000%…
Bitcoin Price at Risk? US Dollar Index Confirms Bullish ‘Golden Cross’ Bitcoin and US Dollar Index charts The US Dollar Index (DXY) has confirmed a bullish “golden cross” pattern, which could pose a challenge to Bitcoin (BTC) and other cryptocurrencies. A golden cross is a technical analysis pattern that occurs when a short-term moving average…
Robinhood Accumulates $3B of Bitcoin in 3 Months — What Does This Mean for Markets? Robinhood, the popular stock trading app, has accumulated over $3 billion worth of Bitcoin (BTC) in the past three months, according to data from Arkham Intelligence, a blockchain analytics firm. This makes Robinhood one of the largest holders of Bitcoin…
Crypto Builders Should ‘Give Up’ Serving US Customers for 5-10 Years — DYdX Founder Antonio Juliano, the founder of decentralized exchange dYdX, believes that crypto builders should focus on serving markets outside the United States for the next five to ten years. He argues that the regulatory uncertainty in the US is not worth the…
Bitcoin Bulls Encircle $28K as Trader Says ‘Big’ Buyer Must Step In Bitcoin (BTC) bulls are encircling the $28,000 resistance level, with one trader saying that a “big” buyer must step in to help break through. The trader, known as Skew, said that Bitcoin is trading at a “key resistance zone” and that it will…
Google Searches for ‘Crypto’ Fall to 2020 Levels as BTC Sentiment Neutral Google searches for the term “crypto” have fallen to 2020 levels, according to data from Google Trends. This suggests that interest in cryptocurrency is waning, as the market remains in a bear trend. Bitcoin (BTC) sentiment is currently neutral, according to the Fear…
Is Bitcoin price going to crash again? Bitcoin is the world’s largest cryptocurrency by market capitalization. It has been known for its volatile price swings, which have led to both significant gains and losses for investors. In 2021, Bitcoin reached an all-time high of over $69,000. However, the price has since fallen significantly, and it…
Bitcoin halving to raise ‘efficient’ BTC mining costs to $30K Bitcoin (BTC) halving is a scheduled event that reduces the block reward for miners by 50% every 210,000 blocks. The next halving is expected to occur in April 2024. Bitcoin halvings have a significant impact on the mining industry. When the block reward is reduced,…
Bitcoin to $27K next? 1-week BTC price highs precede speech by Fed’s Powell Bitcoin (BTC) has been on a tear in recent days, reaching one-week highs of over $26,800 on September 28, 2023. This comes ahead of a highly anticipated speech by Federal Reserve Chair Jerome Powell, which could have a significant impact on the…
3 reasons why Bitcoin miners are selling BTC — and why it’s not capitulation Bitcoin miners are selling BTC for a variety of reasons, but it’s not necessarily a sign of capitulation. To cover costs Bitcoin miners sell BTC to cover their costs, such as the cost of electricity and hardware. Mining Bitcoin is an…