Bitcoin analysis is getting more and more suspicious of the “up only” BTC price action in recent days.
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BTC price levels to watch as Bitcoin whales ‘lure’ market to $42K
Bitcoin (BTC) faces sharp volatility as the new week begins with BTC price action focusing on $42,000 — can it endure?
The largest cryptocurrency, fresh from weekend gains that topped 10%, is still keeping traders guessing over its next move.
While a trip to $40,000 was well anticipated, the question now is whether or not the latest move represents the beginning of a new trend or, conversely, a new bull trap.
Appraisals currently vary widely, with bullish and bearish perspectives battling for vindication.
Cointelegraph takes a look at the most important support and resistance levels now in play after recent BTC price performance reshapes the market landscape.
Bitcoin maxis vs. multichains: Two opposing visions of crypto’s future
Many Bitcoin maximalists are even hesitant to apply the term “crypto” to their preferred asset, as it brooks association with more centralized coins.
Bybit sees BTC, ETH ‘flight’ of institutional investors to stablecoins, but not for long
Cryptocurrency exchange Bybit has released its latest quarterly report, revealing the trading and holding trends of its institutional traders heavy in positive Bitcoin sentiment.
Trust the best strategy in crypto bear market — Trust Wallet CEO
Cointelegraph sat down with Trust Wallet CEO Eowyn Chen to talk about how Web3 can become a better experience for everyone.
Brazil’s largest bank Itaú Unibanco launches Bitcoin trading — Report
Brazilian bank Itaú Unibanco has reportedly launched a cryptocurrency trading service for its clients as part of its investment platform.
Trezor launches education initiative in Africa, funds Bitcoineta trip
Trezor has officially launched its educational program in Africa in addition to funding Bitcoineta, a West African Bitcoin awareness campaign, and the Africa Bitcoin Conference.
Platypus exploiters walk free after claiming to be ‘ethical hackers’
While Mohammed M. and his brother were cleared of all criminal charges, 7.8 million euros worth of crypto tokens became inaccessible after getting stuck in a wallet.
Platypus exploiters walk free after claiming to be ‘ethical hackers’
While Mohammed M. and his brother were cleared of all criminal charges, 7.8 million euros worth of crypto tokens became inaccessible after getting stuck in a wallet.
Breakout or $40K bull trap? 5 things to know in Bitcoin this week
Bitcoin surges past the key $40,000 amid a macro liquidity boost, but traders' predictions include a BTC price crash of 25% or more.
Breakout or $40K bull trap? 5 things to know in Bitcoin this week
Bitcoin (BTC) starts the first week of December looking better than it has since early 2022 — at over $40,000.
BTC price action is delighting bulls already as the month begins, with the weekly close providing the first trip above the $40,000 mark since April last year.
Shorts are getting wiped and liquidity taken as the bull run sees its latest boost on the back of macroeconomic changes and anticipation of the United States’ first spot price exchange-traded fund (ETF).
Despite misgivings and some predicting a major price retracement, Bitcoin continues to offer little respite for sellers, who continually miss out on profits or are left waiting on the sidelines for an entry price that never comes.
The party mood is not just reflected on markets — Bitcoin miners are busy preparing for the halving, and with the hash rate already at all-time highs of its own, the trend is set to continue this week.
South African regulator may license 36 crypto companies in December
The Financial Sector Conduct Authority reviewed 128 applications from crypto service asset providers.
South Korean financial authorities solicit reports on unlicensed crypto exchanges
Financial regulators in South Korea have opened a window of time for people to come forward and report any unlicensed cryptocurrency exchanges operating in the country.
Bitcoin market cap overtakes Berkshire Hathaway, soars past $800B
Bitcoin is now the 10th-biggest asset by market cap, following Meta (formerly Facebook) and Nvidia.
Bitcoin breaks $41K as gold price reaches new all-time high
The price of gold has broken through a new all-time high, surpassing the significant level of $2,100 during the Asian session on Monday, Dec. 4. Meanwhile, Bitcoin (BTC) has also surged above $41,000 for the first time in 19 months.
BTC/USD (blue) vs. gold price (orange) Source: TradingviewBitcoin price breaks $40K...and $41K
Bitcoin has made a triumphant return to the $40,000 threshold, a figure unseen since the heights of April 2022. This included a swift 2% jump over 24 hours, marking a 19-month peak for the cryptocurrency.
What's more, Bitcoin has now risen over 140% since the beginning of the year.
Insights from Matrixport’s research head, Markus Thielen, suggest an even brighter future. With historical trends of post-bear market bull cycles and upcoming Bitcoin halving events as a backdrop, projections place Bitcoin at over $60,000 by April next year and as high as $125,000 by the end of 2024.
Related: BTC price models hint at $130K target after 2024 Bitcoin halving
Bitcoin breaks $41K as gold price reaches new all-time high
Bitcoin price is surging in lockstep with gold as the precious metal hits a new historic high, suggesting investors are preparing for stock market turmoil.
Bitcoin prices should ‘logically’ correct in January, but crypto’s a ‘wild card’
Bitcoin should “logically” be headed for a “sell-the-news” correction in January, according to analysts, but that doesn’t mean that’s how it’s going to shake out.
Safe Wallet scammer steals $2M through 'address poisoning' in one week
A malicious actor behind at least $5 million in crypto theft through “address poisoning" significantly ramped up attacks against Safe Wallet users in the last week.
Bitcoin is of ‘national strategic importance’ says US Space Force officer
U.S. Space Force Major Jason Lowery wants the U.S. military to prioritize the investigation of proof-of-work systems like Bitcoin for the country’s defense.
Bitcoin is of ‘national strategic importance’ says US Space Force officer
U.S. Space Force Major Jason Lowery wants the U.S. military to prioritize the investigation of proof-of-work systems like Bitcoin for the country’s defense.