Zooming out, Bitcoin’s technical setup looks like a textbook pre-breakout setup. For more than five weeks, $BTC has been consolidating around $85k, while weekly closes continue to form higher highs. The latest weekly wick reached $87k, which means buyers are still defending the higher ground. If this structure holds, Bitcoin could follow its October seasonality, […]
After Friday’s enhanced volatility following the US economic news, bitcoin’s price inched higher during the weekend and now sits above $85,000. However, it almost feels like a familiar trap. History has shown that fluctuations ramp up on Monday morning after an eventful weekend in terms of new developments on the Middle East front. The New […]
Bitcoin’s Uptober Tailwinds Put $87K Wall Back in the Crosshairs Bitcoin’s price entered October with one of its strongest seasonal tailwinds, and Sunday’s late-session action is finally giving Uptober something to work with. Market data shows bitcoin climbing from an intraday low near $85,552 to as high as $86,771 on Oct. 4, leaving the cryptocurrency […]
Tesla’s Bitcoin treasury is making headlines as its value approaches $1 billion. This surge comes without the company buying or selling any Bitcoin since 2022. Recent market dynamics, particularly a notable price increase in Bitcoin, have significantly boosted Tesla’s unrealized gains to approximately $122.6 million. This situation underscores the impact of new FASB rules that […]
Bitcoin Core has added a safeguard against signing transactions that may not bind funds to the payment destination a user approved. The change, merged into Bitcoin Core’s master development branch on Sept. 25, targets a narrow flaw in partially signed Bitcoin transactions, or PSBTs, that could produce a valid signature without protecting the intended output. […]
Know when yourcoins move Alerts, real-time prices, and market news — all in one app What makes up the largest corporate Bitcoin portfolio in history According to BitcoinTreasuriesNET analytics dashboard, Strategy has accumulated 847,666 $BTC to date, or about 4.04% of Bitcoin’s total supply. With total historical spending of $63.95 billion, the portfolio’s average purchase […]
Bitcoin is up 46% from its July low and could reclaim its all-time high ($ATH) of $126K by Q1 2027. According to Ecoinometrics, historical drawdowns and recoveries suggest Bitcoin could take 60 to 230 days to reclaim its previous $ATH. Assuming the $57.8K low on the 1st of July marked the bottom, the rebound would […]
Traders scanning the order books got a surprise when Michael Saylor tweeted about Digital Credit built on Bitcoin. His statement indicates a potential shift in financial strategies, emphasizing the importance of Bitcoin in modern finance. This news could lead to increased interest in Bitcoin as an underlying asset for innovative financial products. For more details, […]
OpenAI’s artificial intelligence model ChatGPT has predicted that XRP could firmly establish itself above the $1.50 level by the end of October. Specifically, the model forecasts the cryptocurrency could reach $1.68 by October 31, 2026, representing a gain of about 12% from its current price of $1.50. The forecast comes as XRP balances strong ETF […]
Bitcoin’s price barely moved Saturday, yet around it, a peculiar forecasting contest was cooking. Prediction-market traders have millions of dollars riding on where the cryptocurrency might travel before 2027, while two artificial intelligence (AI) heavyweights were also asked to forget the ranges and name one exact Dec. 31 bitcoin price. The answers landed all over […]