Category: Cryptocurrency news

Bitcoin Prediction from a Bloomberg Expert: “Just Like What Happened with the Price of Gold Back Then…”

Bloomberg ETF analyst Eric Balchunas said that the trajectory of spot Bitcoin ETFs could resemble the process that followed the launch of gold ETFs. According to Balchunas, Bitcoin (BTC) could experience a sharp pullback after a strong rally, followed by a prolonged recovery period that tests investor patience. Balchunas pointed out that both gold and […]

Bitcoin (BTC) at a Very Critical Junction: Two Analytics Companies Warn, Sharing Two Expected Scenarios for the Price!

As Bitcoin continues to trade between $60,000 and $64,000, new analyses have emerged regarding what the future holds. At this point, two analysis companies state that the picture for $BTC is complex. Analysts note that the first significant test in an upward move is the $65,500 level, while in a downward scenario, they draw attention […]

Glassnode Analyst Says “Bitcoin Bottom Signal is Strengthening!”, Explains the Critical Threshold!

While the leading cryptocurrency Bitcoin remains above $60,000 following recent declines in June, an analyst has stated that a key indicator that could signal the bottom of a bear cycle in the Bitcoin market is beginning to re-emerge. At this point, an analyst named Cryptovizart from the on-chain analytics platform Glassnode analyzed investors who have […]

Bitcoin slips as traders lift July Fed rate hike bets ahead of Inflation report

Major cryptocurrencies have come under pressure, reflecting heightened expectations for a Federal Reserve interest-rate increase as soon as July, just ahead of key U.S. inflation data and congressional testimony from Chair Kevin Warsh. Bitcoin BTC$62,465.50 has dropped by over 2% in 24 hours to $62,380. Ether (ETH), $XRP ($XRP) and other tokens are also nursing […]

Japan-Based Company Announces It Will Buy Bitcoin by Issuing Bonds! Here Are the Details

Bitcoin Japan, a company listed on the Japanese stock exchange that recently changed its name from Hota Marusho, is preparing to add Bitcoin ($BTC) to its balance sheet following a capital increase. The company announced that it raised approximately 9.657 billion Japanese yen, or about $60.3 million, through the issuance of convertible bonds and new […]