Tag: Bitcoin
Jim Cramer Changes His Opinion on Bitcoin
Reading time: < 1 minute CNBC host Jim Cramer has made multiple predictions about a potential decline in the cryptocurrency market.
Matrixport Forecasts Bitcoin Will Hit $40K Before End of the Year
Reading time: < 1 minute According to Matrixport analyst Markus Thielen, the Bitcoin rate is predicted to reach $40,000 by the end of 2023 thanks to Binance’s agreement with US authorities.
User Pays $3.1M in Fees for a Bitcoin Transaction
Reading time: < 1 minute An unidentified individual made a record-setting fee payment of 83.65 BTC ($3.1 million) while transferring 55.77 BTC ($2.1 million) on November 23.
BKCM CEO Brian Kelly: Bitcoin Market Cap Will Rise 10x
Reading time: < 1 minute Brian Kelly, the CEO of investment firm BKCM, forecasted on CNBC a 10x growth in the market value of Bitcoin.
Fees on Bitcoin Network Surpass Ethereum’s
Reading time: < 1 minute The average commission on the Bitcoin blockchain has surpassed the average commission on the Ethereum network, as interest in Ordinals has been renewed.
Bitcoin ATM Operator Coin Cloud Has Reportedly Been Hacked
Reading time: < 1 minute An unknown hacking group has reportedly declared that they have obtained 70,000 customer selfies and sensitive personal data belonging to 300,000 customers of Coin Cloud.
Galaxy Digital CEO Believes Spot Bitcoin ETF’s Approval is a Matter of Time
Reading time: < 1 minute In 2024, according to Galaxy Digital CEO Mike Novogratz, there will be a rise in institutional adoption of cryptocurrencies, with the introduction of an exchange-traded fund (ETF) based on the spot price of Bitcoin.
JPMorgan Believes Current Crypto Market Rally Is Not Justified
Reading time: < 1 minute JPMorgan has warned against excessive optimism in the cryptocurrency market, especially in anticipation of the approval of a Bitcoin ETF.
The SEC is Negotiating with Grayscale on Conversion of its GBTC into an ETF
Reading time: < 1 minute The Securities and Exchange Commission is currently in discussions with Grayscale Investments regarding the conversion of the company’s main fund into a spot Bitcoin exchange-traded fund.
Bitcoin Could Hit $40,000: Expert
Reading time: < 1 minute On the daily chart for Bitcoin, a bullish continuation signal was formed with a target of $40,100 after the price broke out of the “pennant” pattern.