Category: Bitcoin

Cryptocurrency analyst Mark Moss made striking statements about the future of Bitcoin (BTC). Moss’s assessment highlights the PI Cycle Top indicator, which has correctly predicted Bitcoin’s cycle tops three times in the past. Moss noted that the PI Cycle Top indicator, which he said “perfectly” predicted the peaks of 2013, 2017, and 2021, has made

Ki Young Ju, CEO of cryptocurrency analysis platform CryptoQuant, has put forward a remarkable theory regarding the recent 80,000 Bitcoin transfers. Stating that these BTCs were moved after remaining dormant for 14 years, Ju claimed that the funds first originated from the MyBitcoin wallet service, which collapsed in 2011. Ju made the following statement on

Senator Cynthia Lummis has promoted the idea that Bitcoin (BTC) serves as a means of protection against inflation and is a path to long-term financial prosperity. She positioned BTC as a modern alternative to the U.S. dollar, as it empowers people during periods of economic insecurity.

The BTC price is again on the move, following its break above the $117,000 level. This follows Galaxy Digital’s completion of its sale of 80,000 Bitcoins, which it made on behalf of a Satoshi Era Whale. The flagship crypto had dropped below $115,000 today due to the massive selling pressure.

Citigroup analysts Nathaniel Rupert and Alex Saunders have released a new Bitcoin (BTC) price forecast centered on three core valuation cases: bull, base, and bear. Each outcome depends on how much capital continues to flow into Bitcoin ETFs, which Citi now sees as the primary driver of price.

El Salvador’s Bitcoin (BTC) reserve has had limited impact on the broader population, and the country’s loan agreement with the International Monetary Fund (IMF) may further complicate its Bitcoin strategy, according to Quentin Ehrenmann, general manager at My First Bitcoin, a non-governmental organization (NGO) focused on Bitcoin adoption. Ehrenmann told Reuters that repealing the Bitcoin

The crypto market is seeing Bitcoin and XRP as potential buy-low opportunities, according to on-chain analytics firm Santiment. Retail traders are showing far less excitement toward Bitcoin and XRP compared to Ethereum, seemingly more interested in the latter’s price movements heading into the weekend. Santiment feed shared a social data chart on X Friday that

Bitcoin BTC$117,257.03 rebounded on Friday from its overnight dip below $115,000, back to its familiar range it traded for the past two weeks. The largest crypto recently changed hands at $117,200, still down 1.2% over the past 24 hours. Some analysts noted the dip coincided with asset manager Galaxy moving large amount of BTC to

Institutional crypto firm Galaxy said Friday that it had sold more than 80,000 Bitcoin—over $9.3 billion worth at the current price—for a Satoshi-era investor. In a Friday statement, Galaxy said “it was one of the largest notional Bitcoin transactions in the history of crypto on behalf of a client.” The firm further described the sale

Cryptocurrency analysis firm Alphractal highlighted a striking data imbalance in its latest analysis of Bitcoin. The firm reported that while Bitcoin’s price has fallen, open interest has risen, particularly on the Bybit exchange. The following statements were included in the Alphactal analysis: “Bitcoin’s open interest is increasing while the price is falling, which is unusual