Cryptoglobe » Bitcoin (BTC)
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Stay up to date with the latest news about Bitcoin (BTC) cryptocurrency, price movements and technical analysis. CryptoGlobe covers the crypto space with up to date news, in-depth opinion pieces, reviews and price analysis.
Cryptoglobe » Bitcoin (BTC)
1w ago
CoinShares, a prominent European alternative asset manager with a focus on digital assets, released its latest Digital Asset Fund Manager Survey on April 24, 2024. This edition is particularly notable as it follows the recent approval of U.S. spot Bitcoin ETFs, providing fresh insights into investor attitudes and allocations within the digital asset space. The ..read more
Cryptoglobe » Bitcoin (BTC)
1w ago
A recent Bloomberg News article suggests that optimistic Bitcoin traders are dialing back their bets on the leading cryptocurrency as two significant driving forces – robust inflows into U.S. spot Bitcoin ETFs and the hype surrounding the Bitcoin halving event – lose steam. As reported by Bloomberg, the Bitcoin funding rate, which represents the premium ..read more
Cryptoglobe » Bitcoin (BTC)
1w ago
With the price of Bitcoin down by more than 8% over the last 30-day period and as enthusiasm surrounding the launch of spot Bitcoin exchange-traded funds (ETFs) in the United States starts fading, one popular analyst has recently revealed Bitcoin’s 12-hour chart formed a ‘death cross’, a chart pattern reflecting weakness. Bitcoin is at the ..read more
Cryptoglobe » Bitcoin (BTC)
1w ago
In a recent interview with David Lin, Jack Mallers, the CEO of Strike, shared profound insights into Bitcoin’s potential trajectory and its broader implications for the financial world. Jack Mallers began the interview with a bold forecast, suggesting that Bitcoin’s price could surge to $1 million. He bases this prediction on the financial instabilities within ..read more
Cryptoglobe » Bitcoin (BTC)
1w ago
The Federal Reserve’s preferred inflation gauge, the Personal Consumption Expenditures (PCE) index, came in hotter-than-expected in March, showing prices in the U.S. kept on rising. This reading, the latest sign that inflation is not cooling as quickly as desired, could lead the Fed to maintain higher interest rates for longer, a negative for risk-on assets ..read more
Cryptoglobe » Bitcoin (BTC)
1w ago
On April 27, TradingView featured a critical alert from crypto analyst Alan Santana, who outlined a stark forecast for Bitcoin in the coming days and months. According to Santana, Bitcoin is poised for a significant capitulation event, potentially dropping to around $30,000. This post explores Santana’s predictions, methodology, and the implications for investors. Understanding the ..read more
Cryptoglobe » Bitcoin (BTC)
1w ago
Veteran analyst and trader Peter Brandt has shared his thoughts on the historical performance of Bitcoin’s bull market cycles in a blog post published on April 26. Brandt presents data that suggests a troubling pattern of exponential decay in the magnitude of Bitcoin’s price advances over the years. According to Brandt, there have been four ..read more
Cryptoglobe » Bitcoin (BTC)
1w ago
Australia is reportedly gearing up for a surge in spot Bitcoin exchange-traded fund (ETF) launches following the successful introduction of similar products in the United States and Hong Kong. According to a report by Bloomberg published on April 28, major issuers, including Van Eck Associates Corp. and BetaShares Holdings Pty, are lining up to list ..read more
Cryptoglobe » Bitcoin (BTC)
2w ago
The highly anticipated Bitcoin halving event is set to occur between April 19 and April 20, 2024. This quadrennial event, which cuts the supply of new bitcoins in half, has historically set the stage for new market cycles and bull runs. However, as CNBC explained in a recent article, the 2024 halving is shaping up ..read more
Cryptoglobe » Bitcoin (BTC)
2w ago
During a Bloomberg TV interview on 15 April 2024, Kris Marszalek, CEO of crypto exchange Crypto.com, shared his thoughts on the cryptocurrency market, particularly in light of the upcoming Bitcoin “halving” event. The interview, conducted by Haslinda Amin, the Chief International Correspondent for Southeast Asia, also touched on Crypto.com’s strategic responses to evolving market conditions ..read more