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Buying and holding bitcoins without actively investing in the cryptocurrency market is easier and more profitable than creating and managing your own project, said Litecoin co-founder Charlie Lee. Charlie Lee, speaking on the CoinDesk Spotlight podcast, admitted that he regrets the…
Bitcoin's rise to new all-time highs may prove less sustainable than it seems. We explore what could break the rally and trigger a BTC correction. The number of active addresses on the network has decreased. This indicates a discrepancy between the…
From September 29 to October 5, Strategy did not acquire its first cryptocurrency, as it was unable to raise capital through a share sale. The company disclosed this information in its 8-K report filed with the SEC. Michael Saylor's firm manages…
The S&P 500 index is hitting all-time highs, but in Bitcoin terms it has fallen 88% since 2020, Phil Rosen said. Entrepreneur Anthony Pompliano considers the first cryptocurrency to be a “benchmark for profitability.” While the S&P 500 continues to reach…
Bitcoin hit a record high against the Japanese yen on Monday, outperforming the BTC/USD pair. The rally was fueled by statements from newly elected Japanese Prime Minister Takaichi Sanae about his readiness to return to the Abenomics strategy. This economic policy,…
On October 5, the first cryptocurrency recorded a new all-time high (ATH) at $125,708. Binance BTC/USDT hourly chart. Source: TradingView. By the time of writing, the asset had corrected to $124,900. Over the past week, Bitcoin has gained 14%. Other cryptocurrencies…
Bitcoin ETFs traded on US exchanges began a historically bullish October with the second-best inflow since its launch, signaling renewed investor optimism. According to SoSoValue, spot Bitcoin ETFs recorded a combined net positive inflow of $3.24 billion last week. This figure…
Bitcoin's price has risen above $125,000, extending its weekly gain to 11.5%. Investors and traders are closely monitoring the market, trying to determine whether the move can continue. Below are three key levels that could determine future momentum. 1. Level around…
Bitcoin reached a new all-time high above $125,000, but then corrected by more than $2,000. Traders are now wondering where the price of the leading cryptocurrency will bottom. BTC/USD 1-day chart. Source: Bitstamp Fresh volatility gripped Bitcoin ahead of Sunday's weekly…
Demand for Bitcoin continues to grow amid rising gold prices. By the end of the year, analysts at JPMorgan Chase, one of the largest US banks, predict the price of the leading cryptocurrency could reach $165,000. Capital inflows into gold and…
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…