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Bitcoin reached a new all-time high of $125,727 on the Bitstamp exchange on October 5. At the time of writing, the leading cryptocurrency was trading at $125,016, cementing its position above the previous record. BTC/USD 1-day chart. Source: Bitstamp Market reaction…
According to analysts at JPMorgan, Bitcoin is significantly undervalued compared to gold when adjusted for volatility. The Bitcoin-to-gold volatility ratio has fallen below 2.0, meaning Bitcoin now requires approximately 1.85 times more risk capital than gold, according to a report from…
Treasury's $2 billion bond buyback frees up liquidity, fueling Bitcoin's Uptober rally. Bitcoin surpassed the $120,000 mark thanks to ETF inflows and strong accumulation among mid-sized holders. Analysts' opinions on the consequences of the buyback are divided: by the end of…
Bitcoin has once again surpassed $120,000, indicating renewed growth and approaching an all-time high. The sharp price rise reflects improved investor sentiment as fresh capital flows into the market. Average ETF holders and inflows play a key role in this process.…
Jan3 founder Samson Mow stated on the What Bitcoin Did podcast that many countries are gradually overcoming their skepticism about cryptocurrencies and are already developing strategies to implement Bitcoin. According to Mow, governments are gradually moving from experimentation with Bitcoin to…
In September, miner CleanSpark increased its Bitcoin holdings by another 184 BTC. The company currently holds 13,000 BTC, valued at $1.6 billion. In September, the company mined a total of 629 BTC (worth $75 million) at a hashrate of 50 EH/s,…
Bitcoin could rise to new highs in the fourth quarter as the rally gains momentum, Frank Cappelleri, president and founder of analytics firm CappThesis, told CNBC. On the CNBC Market Alert podcast, Cappelleri commented on the possible reasons behind Bitcoin's new…
Saad Ahmed, head of Asia-Pacific at crypto exchange Gemini, stated that Bitcoin's four-year cycle will likely persist in some form. He explained that this cycle is driven primarily by human emotion, not just technical factors. “The reality is that we're likely…
Amid the leading cryptocurrency's rally to $121,000, the Coinbase premium reached 91.86. CryptoQuant analyst Burak Keshmeci called this a signal that Bitcoin could possibly reach its all-time high. Source: CryptoQuant. “On the hourly timeframe, we see that the price differential on…
Arthur Hayes, founder of the BitMEX crypto exchange and investment director of the Maelstrom fund, predicted that Bitcoin could reach $3.2 million by 2028. The entrepreneur believes that the growing supply shortage and rapidly growing demand for the world's first cryptocurrency…
Bridgewater Associates hedge fund founder Ray Dalio suggested on the Master Investor podcast that central banks around the world will be reluctant to add Bitcoin to their government asset reserves due to the “open nature of the first cryptocurrency.” Dalio doubts…
On the evening of October 3, the leading cryptocurrency rose above $123,000, and Ethereum surpassed the $4,500 mark. 15-minute chart of BTC/USDT on Binance. Source: TradingView. At the time of writing, digital gold had corrected to $122,800. The asset has gained…