Global investment bank JPMorgan has predicted that the long-term price of bitcoin will reach $150K while the fair value of the cryptocurrency sits at $38K. “The biggest challenge for bitcoin going forward is its volatility
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The important support zone could propel Bitcoin to new highs Following a rapid price increase, Bitcoin, the first cryptocurrency, has broken through numerous important resistance levels, which made the majority of market participants feel euphoric and led
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Bloomberg’s Leading Commodities Expert Shares Another Bitcoin Bullish Prediction Chief commodity strategist Mike McGlone has taken to Twitter to announce another piece of analytics data that is bullish for Bitcoin long-term. However, the expert has
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Mega Bitcoin whales have added 220,000 BTC in the past two months on the dip On-chain data aggregator Santiment has spread the word about mega Bitcoin whales massively accumulating the flagship cryptocurrency since December. According
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Bitcoin, the world’s first cryptocurrency, reached one of its milestones so far 11 years ago It has been 11 years since the price of Bitcoin, the flagship cryptocurrency, reached $1 on Feb. 8, 2011. Even
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Bitcoin briefly rises beyond $45K as market sentiment turns to "neutral" Bitcoin (BTC) briefly hit highs of $45,519 on Feb. 8 as investors begin to re-embrace risky assets in global markets. Market sentiment, according to the Crypto
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Generalization isn’t always the best outcome for assets, and cryptocurrencies have proven that. While an increase in adoption has certainly brought legitimacy and capital to the market, it has also made it sensitive to macroeconomic
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Bloomberg Intelligence’s February investment report made the case for cryptocurrency investments. In particular, he suggested that Bitcoin, Ethereum, and USD stablecoins will continue to do well. At the same time, though, smaller digital assets could
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Over the last 30 days, Bitcoin’s hashrate has been coasting along at the highest levels ever recorded during the network’s lifetime. Bitcoin’s price improved recently but it is still down 38% from the crypto asset’s
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Elon Musk’s electric car company, Tesla, has filed an annual report with the U.S. Securities and Exchange Commission (SEC) showing bitcoin holdings with a fair value of almost $2 billion at the end of December.
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