btc

Bloodbath For Bitcoin: Grayscale’s $529 Million BTC Move To Coinbase Pushes Price Below $41,000

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Bloodbath For Bitcoin: Grayscale’s $529 Million BTC Move To Coinbase Pushes Price Below $41,000

[ad_1] Bitcoin (BTC), the largest cryptocurrency in the market, has experienced a sharp drop below the $41,000 mark as exchange-traded funds (ETFs) for Bitcoin went live on January 12.  The subsequent profit-taking, selling pressure, and outflows from Grayscale’s Bitcoin Trust ETF (GBTC) played a significant role in the downward trend. Grayscale’s Bitcoin Transfers To Coinbase … Read more

Analyst: Until Bitcoin Retests $61k, The BTC Top Is Not In

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Analyst: Until Bitcoin Retests $61k, The BTC Top Is Not In

[ad_1] Despite recent dips in price, Bitcoin is still on track for further gains, according to BitQuant. Based on technical analysis, the analyst predicts that the world’s most valuable coin will likely top out at $61,000, not $50,000, as some analysts have suggested. Bitcoin Has Room For Growth, May Peak At $61,000 Sharing a screen grab … Read more

Crypto Analyst Predicts Potential Trend For Bitcoin As Price Slips

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Crypto Analyst Predicts Potential Trend For Bitcoin As Price Slips

[ad_1] Rekt Capital, a well-known cryptocurrency analyst and enthusiast, has revealed the potential directions that the price of Bitcoin could take in light of the upcoming fourth BTC Halving. Potential Retracement For Bitcoin With the halving event approaching, analysts are debating what steps Bitcoin should take after its recent breach from the macro downtrend. One … Read more

Crypto Analyst Sounds Alarm: Bitcoin Price Set To Plunge Even Lower

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Crypto Analyst Sounds Alarm: Bitcoin Price Set To Plunge Even Lower

[ad_1] The Bitcoin price experienced a further sell-off yesterday and fell by more than 5% intraday to as low as $40,660. Since the year-to-date high of $49,000 on January 11, the BTC price has dropped by as much as 17%. However, according to renowned crypto analyst Jacob Canfield, this may not be the end of … Read more

Down Big: Crypto Scamming Numbers Reduced In 2023 – Report

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Down Big: Crypto Scamming Numbers Reduced In 2023 – Report

[ad_1] 2023 started with a challenging overall landscape for the crypto market that continued throughout the rest of the year. However, the market saw a recovery with a spike in bullish sentiment and ended the year on a positive note. Additionally, 2023 saw a decline in crypto scamming and crypto-related illicit activity compared to the … Read more

Bitcoin Plunges Below $41K as 'Sell the Bitcoin ETF News' Wins the Day

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Bitcoin Plunges Below $41K as 'Sell the Bitcoin ETF News' Wins the Day

[ad_1] Please note that our privacy policy, terms of use, cookies, and do not sell my personal information has been updated. The leader in news and information on cryptocurrency, digital assets and the future of money, CoinDesk is an award-winning media outlet that strives for the highest journalistic standards and abides by a strict set … Read more