Bitcoin Price Weekly Outlook Bitcoin Price closed last week at $115,390, briefly breaching the $115,500 resistance level as it pushed into the weekend, only to dip back down and close the week out just below it. Last week produced a strong green candle for the bulls, maintaining upward momentum into this week. The U.S. Producer
Bitcoin (BTC) trades at the upper edge of its $108,000-$116,000 air gap range ahead of the Federal Reserve meeting on Sept. 17, and relies on the policy messaging. BTC traded at $115,046.29 as of press time, down by 0.2% in the past 24 hours. According to the Bitfinex Alpha report, Bitcoin needs a sustained break
Standard Chartered has released a new report on the role of digital asset treasuries (DAT) in the cryptocurrency market. Geoffrey Kendrick, the bank’s global head of digital asset research, said that Ethereum would benefit more from acquisitions by DAT companies than Bitcoin and Solana. According to Kendrick’s data, DATs currently hold 4% of all Bitcoin,
In a significant development for the blockchain and real-world asset (RWA) sectors, Novastro, a Layer 3 blockchain infrastructure, has announced partnership with ICB Labs, a Web3 innovation hub built on the ICB Network. The purpose is to expand Novastro’s ecosystem by integrating ICB Labs’ robust infrastructure. The respective infrastructure includes digital identity, metaverse learning, NFTs,
Jack Dorsey encourages customers to drive BTC adoption in commerce. Key Takeaways Jack Dorsey encourages Square users to request Bitcoin payment acceptance from merchants. Square is preparing to introduce a Bitcoin checkout option for sellers. Billionaire Jack Dorsey urged the community today to help Square sellers adopt Bitcoin payments. “Orange checkout button coming soon,” Dorsey
Bitcoin could rally to $140K by year-end and hit $250K with sustained institutional flows, according to Derive Insights. Key Factors Fueling the Bitcoin Rally The bull run is “well and truly underway,” with bitcoin ( BTC) potentially rallying to $140,000 by year-end and a “conservative” cycle top of $200,000, according to the latest bull-run predictions
The market could be ready for solid growth if bulls provide just a little bit of help to Bitcoin, which is actually in a better position than may seem at first sight. Meanwhile, Dogecoin and XRP are struggling to keep their important psychological targets. Bitcoin does not need much The price structure of Bitcoin is
Gold and the S&P 500 both reached all-time highs today, while crypto market caps suffered a slight decline. This decoupling could be a bearish signal for future markets. These two assets usually have an inverse correlation, so their simultaneous gains indicate a mix of caution and eagerness. If crypto gets left behind by both trends,
Interactive Brokers chief strategist Steve Sosnick said the Fed may scale back expectations of future interest rate cuts ahead of this week’s interest rate decision. Sosnick stated that markets have almost certainly priced in a 25 basis point cut, saying, “The Fed doesn’t want to disappoint the majority of people. However, they may dampen excessive