Category: Cryptocurrency news

If Bitcoin Drops Again, at What Level Will It Stabilize? Analysts Weigh In

CryptoQuant, a cryptocurrency analysis platform, examined Bitcoin’s (BTC) price corrections during past bull markets to assess the potential decline in the current market, comparing it to historical data. Analysts highlighted the $80,000 level for Bitcoin, while noting that in the event of a drop, the $74,000-$75,000 range could be a significant buying zone. The analysis […]

BlackRock offloaded almost $500 million of this crypto in a week

BlackRock’s spot Ethereum (ETH) ETF recorded nearly $500 million in net outflows over the five trading sessions ending October 9. The outflows from BlackRock’s iShares Ethereum Trust (NASDAQ: ETHA) accounted for most of the $542.2 million withdrawn from U.S. spot Ethereum ETFs over the same period, indicating sustained selling pressure across regulated investment products tracking […]

New Record Forecast for Bitcoin Within 90 Days: Renowned Analyst Expects a Drop to This Level First

Crypto analyst Timothy Peterson suggests that the price of Bitcoin (BTC) could reach an all-time high ($ATH) within the next 90 days, while also sharing a notable price target for a potential short-term decline. Peterson argued that a new record might be imminent by examining Bitcoin’s past price movements. According to the analyst, in past […]

Bitcoin Stresses Security as 17.7K BTC Shifts to Coinbase

Bitcoin is under scrutiny following reports of significant security concerns linked to AI advancements and the transfer of over 17.7K $BTC to Coinbase. This movement, highlighted by the commentator @K33Research, raises questions about the security of elliptic-curve cryptography amidst evolving technology. The implications for traders could be substantial, particularly regarding Bitcoin’s supply dynamics and market […]