Crypto Currency

Crypto Analyst Says ‘Think Bigger’, Bitcoin Price Is Headed To $100,000

A crypto analyst has maintained a strong bullish stance for Bitcoin (BTC), predicting that the pioneer cryptocurrency is heading towards a fresh all-time high of $100,000. The analyst has shared several factors that could propel Bitcoin to this lofty price target.  Bitcoin To Hit $100,000 In 2024 On July 19…

Published 2 years ago in
Crypto Analyst Says ‘Think Bigger’, Bitcoin Price Is Headed To $100,000

A crypto analyst has maintained a strong bullish stance for Bitcoin (BTC), predicting that the pioneer cryptocurrency is heading towards a fresh all-time high of $100,000. The analyst has shared several factors that could propel Bitcoin to this lofty price target.  Bitcoin To Hit $100,000 In 2024 On July 19…
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Crypto Currency

Bitcoin Price Slumps 5%, Bearish Momentum Returns With Force

Bitcoin price failed to stay above $68,000 and dipped sharply. BTC is now consolidating losses and might struggle to recover above $66,000. Bitcoin started a fresh decline and traded below the $66,500 support. The price is trading below $66,500 and the 100 hourly simple moving average…

Published 10 hours ago in
Bitcoin Price Slumps 5%, Bearish Momentum Returns With Force

Bitcoin price failed to stay above $68,000 and dipped sharply. BTC is now consolidating losses and might struggle to recover above $66,000. Bitcoin started a fresh decline and traded below the $66,500 support. The price is trading below $66,500 and the 100 hourly simple moving average…
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Crypto Currency

Bithumb Bitcoin Blunder: $1.3B Error Sparks Probe Into Weak Financial Oversight

Bithumb CEO admited past mistakes following the latest 620,000 BTC blunder which has prompting further investigations into system flaws…

Published 10 hours ago in
Bithumb Bitcoin Blunder: $1.3B Error Sparks Probe Into Weak Financial Oversight

Bithumb CEO admited past mistakes following the latest 620,000 BTC blunder which has prompting further investigations into system flaws…
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Crypto Currency

Yield Tsunami Bitcoin: Fed Rate Cuts Could Trigger Massive Capital Rotation Into STRC

TLDR: A 300bps rate drop could erase nearly $234B in annual MMF income. Even 5% MMF rotation may release $390B into higher-yield alternatives. STRC’s 11.25% yield positions it for institutional inflows during easing. New STRC issuance could translate into large-scale Bitcoin purchases. Yield Tsunami Bitcoin is gaining attention after investor Adam Livingston projected a sharp

Published 10 hours ago in
Yield Tsunami Bitcoin: Fed Rate Cuts Could Trigger Massive Capital Rotation Into STRC

TLDR: A 300bps rate drop could erase nearly $234B in annual MMF income. Even 5% MMF rotation may release $390B into higher-yield alternatives. STRC’s 11.25% yield positions it for institutional inflows during easing. New STRC issuance could translate into large-scale Bitcoin purchases. Yield Tsunami Bitcoin is gaining attention after investor Adam Livingston projected a sharp […]
The post Yield Tsunami Bitcoin: Fed Rate Cuts Could Trigger Massive Capital Rotation Into STRC appeared first on Blockonomi…
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Crypto Currency

Bitcoin’s calm price action is a trap: The steady ETF bid that supported it has already disappeared

Spot Bitcoin ETFs gave the market a clean, daily scoreboard: a green print meant fresh cash crossing the boundary from traditional brokerage accounts into Bitcoin exposure, and a red print meant the opposite. For much of the first year of spot ETFs in the US, that scoreboard tracked sentiment and set the market’s tempo…

Published 10 hours ago in
Bitcoin’s calm price action is a trap: The steady ETF bid that supported it has already disappeared

Spot Bitcoin ETFs gave the market a clean, daily scoreboard: a green print meant fresh cash crossing the boundary from traditional brokerage accounts into Bitcoin exposure, and a red print meant the opposite. For much of the first year of spot ETFs in the US, that scoreboard tracked sentiment and set the market’s tempo…
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