Why Bitcoin Price is Crashing? Here Are Top Factors Influencing BTC Price

Bitcoin (BTC) price slipped over four percent in the past 24 hours to retest the support range between $62,000 and $61,000. The flagship coin had stabilized around $63k during the early New York session as long-term holders remained unshaken. According to on-chain data analysis provided by Santiment, Bitcoin addresses holding between 1k and 10k coins …

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Peter Schiff Predicts Bitcoin To Drop to $20K Price Level

Popular Bitcoin critic Peter Schiff predicted on April 14 a potential slump in BTC’s price to $20K. He also warned that Microstrategy, the largest corporate holder of Bitcoin, could potentially lose an estimated $2.7 billion if the price crashes. Peter Schiff disclosed his Bitcoin price prediction in an X post while stressing the importance of …

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News Commentary #1,985 – MIXLI | Bitcoin volatility in February 2024..?

Mixli – a TRIAL list platform, has indicated good results in making a profit ( including crypto mining as claimed ), due to bitcoin volatility in February 2024.  That was rather a promotional news update than an informative one you have to pay attention to. Anyway, below you will be able to read it all. …

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Concerns Raised Over China’s Influence on US Bitcoin Mining Infrastructure

Amidst growing concerns about national security and infrastructure vulnerabilities, China’s role in the cryptocurrency sphere has become a focal point of discussion.  Historically, the U.S. has taken firm actions against perceived threats from Chinese technology companies such as Huawei and TikTok.  The stakes are higher with cryptocurrencies, as Bitcoin mining operations could potentially serve as …

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FBI Investigates Bitcoin Developer Event Linked to Luke Dashjr’s Hack

In response to a subpoena, Mike Schmidt provided details of participants at a Bitcoin developer event linked to the investigation of Luke Dashjr’s Bitcoin theft. As revealed in a social media post by Schmidt, the co-founder of Brink received the subpoena from the Federal Bureau of Investigation (FBI) that required him to submit personal information …

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Bitwise President Explains Why He’s Curious About Ethena

The latest stablecoin hype train is underway in the form of Ethena (USDe), and Bitwise President Teddy Fusaro is taking an interest. In an April 10 Twitter thread reviewing the protocol’s mechanics, Fusaro noted that USDe “may be the fastest-growing USD-denominated asset in the history of crypto.” Bitwise Examines Ethena (USDe) “USDe operates v similarly …

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Bitcoin Price | Hot US Inflation Data Throws Fed Rate Cut Story Into Doubt – Where Next for BTC?

Despite hotter-than-expected inflation data, the Bitcoin price defied expectations and surged in value on Wednesday, even as the US Federal Reserve’s rate cut story was thrown into doubt. The US Consumer Price Index (CPI) reported a 0.4% increase in March, exceeding the anticipated 0.3% rise. Core CPI metrics also surpassed forecasts. This news sent US …

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Metaplanet’s Stock Surges by 90% in Two Days After Adding $6.56M in Bitcoin to Balance Sheet

Web3 infrastructure provider Metaplanet (3350) has seen a surge in its Tokyo-listed stock by nearly 90% within just two days after adding $6.56 million worth of Bitcoin (BTC) to its balance sheet.  According to data from Google Finance, the company’s shares are currently trading at 36 yens, up by 89% over the day.  The surge is …

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Dogeverse Raises $250,000 in Minutes, Will This Meme Coin Explode?

New Crypto Presale Dogeverse Raises $250,000 in Minutes, Will This Multi-Chain Meme Coin Explode? / Source: Dogeverse Website Monday, April 8th, 2024 – New crypto presale Dogeverse ($DOGEVERSE) has raised $254,000 within minutes of launch, indicating it could be the next meme coin to explode on the scene. Doge Day coming on April 20 will …

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Bitcoin’s halving won’t see a 600% return this year — so adjust your strategy?

Bitcoin’s price volatility for the last 30 days stands around 4% — down from nearly 18% in April 2013. It’s starting to look more like a traditional equity. The clock is ticking on Bitcoin’s halving and it appears the ETF mania has accelerated the timeline of its arrival. Indeed, we have just a couple of …

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Bitcoin Price Prediction as BTC Jumps 5% From Recent Bottom – $70,000 Incoming?

Bitcoin’s subtle dip to $67,800 on Saturday stirs speculation, spotlighting our Bitcoin price prediction: could we see it soar to $70,000 soon? This question gains weight as Genesis injects $2.1 billion into Bitcoin, counterbalancing market tremors and signaling robust confidence in its future. With major financial players like JPMorgan and Goldman Sachs now navigating the …

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Bitcoin Surges as Grayscale Sees Less Than $100M in Outflows for Third Consecutive Day

The price of Bitcoin (BTC) has surged above the $67,000 mark amid declining outflows from Grayscale’s Bitcoin ETF (GBTC). According to data from Farside, GBTC saw $79.3 million in outflows on Thursday, marking the third consecutive day of less than $100 million in withdrawals.  Grayscale saw outflows totaling $81.9 million and $75.1 on Tuesday and Wednesday, respectively, …

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News Commentary #1,984 – MIXLI claims a role in investment crypto mining..?

Recently Mixli – a TRIAL list platform, has claimed in the Telegram group of its leading roles in investment crypto mining industry. Well, that’s of course rather serious claiming, which must be proved with time and trustful workflow with investors, otherwise it can be considered as a promotional news in order to attract more attention …

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