Bitcoin could hit $200,000 without dollar collapse – Bitwise CIO
Bitcoin’s (BTC) price could surge to $200,000 without the need for a collapse of the US dollar, according to Bitwise CIO Matt Hougan. In his latest investor memo, Hougain suggested that Bitcoin’s value rests on two independent forces: its role as a digital store of value and inflationary pressures on fiat currencies.
Read More...Bitcoin Flies Past $72,000, Triggering $265,270,000 in Liquidations As Top Traders Declare BTC Bull Market Back
Bitcoin (BTC) has soared past the $72,000 mark, nearing all-time highs once again with over a quarter of a billion dollars in liquidations taking place in the process. According to crypto exchange data aggregator Coinglass, in the last 24 hours, $265,270,000 worth of positions have been liquidated, the vast majority being short positions on BTC.
Read More...Grayscale’s Bitcoin, Ether ‘mini’ ETFs pulled $750M in first 3 months
The “mini” trusts spun off from Grayscale’s legacy Bitcoin and Ether funds in July.
Read More...Bhutan moves $66M to Binance, cashes in on Bitcoin’s climb above $70k
Blockchain data shows that Bhutan’s government recently transferred over $66 million in Bitcoin to Binance. Data from the blockchain analytical platform Arkham Intelligence showed that the Bhutan government-labelled address initiated three transfers out of its balance within four hours.
Read More...Bitcoin Surpasses $72K Amid Surge in Global Trade Volume
On Tuesday, bitcoin cracked past the $72K mark, inching closer to its all-time high in U.S. dollar terms. Bitcoin Price Rally Nears Peak, Traders See Liquidations in Millions Hitting an intraday high of $72,827, bitcoin surged 5.5% over the past 24 hours. As of 12:15 p.m. EDT, BTC is holding steady around $72,524 per coin.
Read More...Bitcoin (BTC) Price Explodes Above $72,000 as Bullish Bets Build – New All-Time Highs Imminent?
The Bitcoin price has crossed $72,000, driven by a bullish market and positive US election sentiment. With increasing leveraged long positions and strong Q4 demand, Bitcoin’s recent surge is backed by rising institutional interest in ETFs and expectations for favorable crypto regulations. The post Bitcoin (BTC) Price Explodes Above $72,000 as Bullish Bets Build – […]
Read More...Bitcoin Blasts Through $71,000 as Crypto Market Gains Steam
The crypto market is buzzing with renewed optimism as the cryptocurrency giant picks up pace.
Read More...Will Dogecoin finally break THIS level after BTC’s surge to $71K?
As DOGE nears the $0.16460 resistance, breaching it could lead to further price gains.
Read More...Bitcoin Stock-to-Flow Model Suggests Price Surge Above $100,000 Is Imminent
Bitcoin is gearing up for an exciting week as it aims to retest the $69,000 price level on October 28. With bullish momentum building, traders are optimistic that a breakout above this critical level could lead to a sustained rally in the months ahead.
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