Although Bitcoin has recorded considerable success this bull cycle, a recent analysis highlights five reasons why its price would still rally twofold from here. Bitcoin is the best-performing currency so far this year and ranks among the most successful assets overall. Several major factors have contributed to this rally, including increased purchases from Bitcoin corporate
Trading legend Peter Brandt disrupted the crypto timeline again, and this time, it may be the final word on Bitcoin crash fears. Responding today to concerns about BTC’s long-term viability, the market veteran acknowledged that while the asset has reached a critical phase, it is not showing signs of structural failure. Instead, Bitcoin appears to
Bitcoin journalist and historian Pete Rizzo has shared a tweet that is sending the community back 18 years – right into 2012. That was the year that BTC traded at $20 and YouTuber Molly Templeton published a video, where she explained to her wide audience what Bitcoin was about. That year also marked two years
A popular crypto analyst thinks things could continue to get “a little crazier” in the ongoing digital asset bull market. In a new YouTube video, Jason Pizzino tells his 353,000 subscribers there is a “nice psychological level” for the overall crypto market cap at the $4 trillion point. The crypto market cap (TOTAL) currently sits
According to Glassnode, Bitcoin investors made an incredible $3.5 billion in realized profits over the last 24 hours, which is one of the biggest single-day cashouts of the year. It is interesting that this wave was not led by short-term traders. Long-term holders took the lion’s share, walking away with $1.96 billion – 56% of
Bitcoin’s price ranged between $117,365 and $118,057 in the last hour, reflecting intraday volatility amid a broader 3.8% decline over the past 24 hours. With a market capitalization of $2.33 trillion and a 24-hour trade volume of $72.33 billion, current market dynamics suggest a cautious stance as bitcoin trades within a daily range of $116,481
CNBC’s Jim Cramer thinks many mainstream asset managers are about to embark on a Bitcoin buying spree, and he believes that even includes long-time skeptics like JP Morgan’s Jamie Dimon. The former hedge fund manager said during his latest “Squawk on the Street” TV show that investors are speaking among themselves and encouraging each other
Metaplanet has announced that National Financial Services LLC (NFS), a subsidiary of Fidelity Investments, is now its largest shareholder. In a July 15 disclosure, the firm revealed that NFS holds 84.4 million shares, equivalent to 12.9% of its total equity. Based on current valuations, this stake is worth approximately ¥121 billion or around $816 million.
Marathon Digital Holdings (MARA), the largest publicly traded Bitcoin mining company in the US, is increasing its investments in institutional-grade Bitcoin yield strategies. Marathon Digital Deepens Bitcoin Yield Strategy with $20 Million Investment in Two Prime The company formalized the partnership by investing $20 million in SEC-registered investment advisor Two Prime. This investment also increases