Bitcoin Price Consolidates in a Key Zone The $Bitcoin price is currently trading sideways, caught in a consolidation channel between $112,000 and $118,000. While a few breakout attempts pushed BTC briefly toward the $124,000 resistance, the market quickly adjusted lower, bringing the price back into its familiar range. Bitcoin price in USD over the past
Michael Saylor, co-founder and executive chairman of MicroStrategy, has once again made a bold forecast about Bitcoin. Speaking live on CNBC, Saylor predicted that Bitcoin would grow 30% annually for the next 20 years. He also recently hinted on X about another possible Strategy Bitcoin purchase, keeping the firm’s long-term strategy in the spotlight.
Who doesn’t love a good obituary? A fitting end to a life well lived. Yet, even the best eulogies in the world lose their shine somewhat when the subject isn’t deceased. According to the latest data from Bitcoin Is Dead, the internet’s most comprehensive database tracking Bitcoin death declarations, the number-one digital asset has ‘died’
Bitcoin is trading at $114,627 on Sunday morning within a narrow intraday range of $114,575 to $115,549, reflecting a period of low volatility and market indecision. With a market capitalization of $2.28 trillion and a 24-hour trading volume of $25.22 billion, the digital asset shows signs of consolidation following a broader corrective phase. Bitcoin On
GameStop doesn’t sell Bitcoin (though it does hold BTC)—but one patron recently scored a full Bitcoin, valued at nearly $115,000 today, after opening a pack of cards purchased at the retailer. Nestled in a pack of Cardsmith’s Currency trading cards, an Arizona-based collector recently unveiled a 1 BTC card, which comes with a redemption code
Early Bitcoin investor Tuur Demeester has suggested that the U.S. government could potentially take a stake in Bitcoin companies just like it did with chip giant Intel. A recent report by Adamant Research has addressed this issue, claiming that the “historic risk” to custodied Bitcoin remains in place despite recent adoption milestones and the regulatory
According to Glassnode data, the daily transaction fees on the BTC network (14-day SMA) recently dropped to 3.5 BTC, marking the lowest level since late 2011. The decline usually suggests a lack of demand and could be hinting at a price drop in the foreseeable future. Bitcoin may retrace further to test the 100-day EMA
During the first congressional public hearing on a Strategic Bitcoin Reserve proposal in Brazil, Luís Guilherme Siciliano, head of the International Reserves Department at the central bank, said that adopting the bill would increase risks to the nation’s reserve portfolio. Central Bank of Brazil Argues Holding Bitcoin Would Increase Foreign Reserve Risks The Central Bank
BlackRock, the world’s biggest crypto asset manager, now has more Bitcoin it its spot ETF than the combined reserves of the biggest crypto giants; Coinbase and Binance. This is a paradigm shift in the crypto landscape, which so far, has been ruled by a decentralized community of non-institutional traders. Now, the institutional capital is flexing