Bitcoin To Blast Off? Trump’s Fury Over Interest Rates Signals Big Move
Bitcoin experts are buzzing as President-elect Donald Trump lashed out against current Federal Reserve policy, calling interest rates “far too high” despite persistent inflationary pressures. “We are inheriting a difficult situation from the outgoing administration,” Trump said at his Mar-a-Lago club, adding that officials seem to be “trying everything they can to make it more…
Boring? Binance Founder Downplays Bitcoin $100K Milestone With A Bold Remark
A former executive of the world’s largest cryptocurrency exchange expects that Bitcoin could soar higher than the $100,000 level. Former Binance CEO Changpeng Zhao believes that the firstborn cryptocurrency is capable of hitting a higher price point, following its brief recovery to $100,000 on Tuesday. A “Boring” Level? Bitcoin embraced the new year on a…
Bitcoin As The New S&P 500 Of Our Time? This CEO Thinks So
Anthony Pompliano shares a different perspective on Bitcoin. According to the CEO of Professional Capital Management, Bitcoin is creating a novel position in the investment sector. He recently compared the world’s leading crypto asset to the S&P 500, implying that it has become the preferred benchmark for younger investors. Bitcoin appears to be occupying the…
Bitcoin At Risk Of Supply Shock As ETF Issues Buy More BTC Than Was Produced In December
The world’s largest cryptocurrency may be at risk of a supply shock as demand from United States (US) Spot Bitcoin Exchange Traded Funds (ETFs) has surged far beyond expectations. In December 2024, the volume of BTC acquired through Spot Bitcoin ETFs more than tripled the amount mined during that same month, underscoring the severe imbalance…
Bitcoin Target Locked: Metaplanet Eyes 10,000 BTC This Year
Metaplanet ushers in the new year with a bullish sentiment on Bitcoin and blockchain technology. After announcing late last year that it had purchased ¥1 billion worth of Bitcoins, the Japanese company is making headlines again by announcing its plans to increase its holdings to 10,000 Bitcoins. Metaplanet’s decision to double down on the world’s…
Analyst Identifies Bitcoin Key Support Levels Amid Rebound Challenge – Details
The price of Bitcoin has shown no significant movement in the past day following a price rebound at the start of January 2025. Currently trading near $98,000, speculation is mounting about whether Bitcoin has exited its correction phase, with high expectations of an impending bull market. Strong Bitcoin Support Zone Emerges Between $95,090-$96,531 In an…
Bitcoin Set For Encounter With Key $99,900 Price Level – Analyst
The Bitcoin market has begun 2025 on a positive note with gains over 5% in the first four days of the year. Amidst this renewed bullish strength, Bitcoin is preparing for a vital encounter with the $99,900 capable of significantly altering its price trajectory in the short term. Bull Flag Or Bear Flag, Bitcoin Bulls…
Short-Term Bitcoin Holders See 10% Profit – Potential Impact On Price?
The Bitcoin market experienced a modest recovery over the past week following the 15.7% correction in the latter half of December 2024. Amidst this recent price gain, developments from the short-term holders (STH) activity have revealed significant indications for Bitcoin in the coming days. Bitcoin STH MVRV At 1.1 With More Room To Run According…
Crypto Analyst Says Bitcoin Price At A ‘Critical Point’ — What’s Happening?
Bitcoin has kicked off 2025 on a strong footing, flirting with the $100,000 mark again on its 16th anniversary. Since losing the $100,000 level on December 19, 2024, the premier cryptocurrency has struggled to gather any significant bullish momentum. However, the price of BTC seems to be in the recovery phase at the moment, with…
Bitcoin Dominates 2024, Outperforms Gold And Major Indices – Details
If there’s one crypto asset that is expected to make it big this 2025, it has got to be Bitcoin. The premiere crypto has demonstrated remarkable success as it ushers in 2025. Registering solid numbers in the last few weeks, analysts have high hopes that it can make further breakthroughs. In fact, based on latest…