Recently, the US spot Bitcoin Exchange-Traded Funds (ETFs) have been experiencing an unprecedented streak of inflows, with 17 consecutive days of net additions. A particularly noteworthy Tuesday saw inflows amounting to a staggering $886.6 million, making it the second-highest single-day influx since the inception of these ETFs. Subsequently, another substantial day of inflows occurred, totaling
Bitcoin
In a recent report by Exponential Age Asset Management (EXPAAM), it was revealed that Bitcoin, Ethereum, and Solana have been outperforming traditional assets like Gold. These digital assets have shown annualized returns of 141%, 152%, and 224% respectively, compared to the best traditional asset at 17%. This trend has been consistent over the past 14
Bitcoin, the popular digital currency, has once again come into focus as the US banking system faces increasing challenges. Some experts are optimistic about Bitcoin’s future, suggesting that its value could skyrocket to $1 million per coin. This surge is expected to be driven by economic uncertainties and a potential flight to safety by investors.
As the crypto market gears up for a potential bull run, investors are eagerly anticipating the movement of Bitcoin and other altcoins. One analyst, known as Crypto Emily, has shared her predictions for the prices of six major cryptocurrencies. Starting with Bitcoin, she believes that the leading cryptocurrency could reach a staggering $100,000, a goal
Chamath Palihapitiya, a well-known venture capitalist and billionaire investor, has made a bold prediction regarding the future price of Bitcoin. He forecasts that Bitcoin could potentially soar to an astounding $500,000 in the near future, based on the patterns observed in the cryptocurrency’s historical halving cycles. Palihapitiya’s analysis focuses on Bitcoin’s fourth halving event, which
Even though Bitcoin has recently dropped below the $70,000 price mark, crypto analyst Peter Brandt remains optimistic about the future of the world’s pioneer cryptocurrency. Brandt predicts that Bitcoin’s price could reach its peak soon, estimating a price range between $130,000 to $150,000 in the current bull cycle. According to Brandt, this surge is expected
Cryptocurrency analyst Tara has recently pointed out a bullish pattern on the Bitcoin chart that suggests the flagship crypto could be gearing up for a significant price increase. According to Tara, Bitcoin is on the verge of making a major impulse move that could potentially propel its price to $75,800, marking a new all-time high
Bitcoin’s price movement has shifted back to a choppy market condition, dampening hopes of a quick breakout to new highs. Despite this setback, there is still optimism surrounding the continuation of the current bull cycle. Recent on-chain data suggests that Bitcoin has entered a phase known as the “Euphoria Wave” in the market cycle, shedding
In recent days, the price of Bitcoin has faced significant resistance at the $72,983 level. This rejection has caused a drop in price, with Bitcoin now trading below the 1-day Simple Moving Average (SMA). The price has fallen from $71,942 to $66,785, indicating a potential change in trend. The drop below the SMA in both
Recent trends in the crypto market show a growing sense of confidence among investors, particularly in Bitcoin. Despite the premier cryptocurrency’s price ending May below the $70,000 mark, large-scale investors have been accumulating BTC. This accumulation is evident in the continuous movement of significant amounts of Bitcoin out of centralized exchanges, as highlighted in recent
