Post-Halving Pressure: Marathon Digital Anticipates Bitcoin Break-Even Price Of $43,000

Post-Halving Pressure: Marathon Digital Anticipates Bitcoin Break-Even Price Of $43,000

[ad_1] The Bitcoin (BTC) market has been on a wild ride recently, hitting a new all-time high (ATH) before experiencing notable volatility that resulted in an 8% drop to the $65,500 level on Friday.  Meanwhile, Marathon Digital, one of the largest US-based Bitcoin mining companies, is preparing to acquire more power infrastructure and streamline operations … Read more

Bitcoin ETFs Threaten Gold’s Dominance As Digitalization Trends Gain Momentum

Bitcoin ETFs Threaten Gold’s Dominance As Digitalization Trends Gain Momentum

[ad_1] In just over a month since their approval by the US Securities and Exchange Commission (SEC), Bitcoin ETFs have swiftly gained traction in the market, posing a formidable challenge to the long-standing dominance of gold ETFs. Bitcoin ETFs Gain Ground on Gold ETFs The rapid rise of Bitcoin ETFs has led to a convergence … Read more

Bitcoin All-Time High Ahead: Historical Pattern Signals 50% Chance Of Reaching $100K By August

Bitcoin All-Time High Ahead: Historical Pattern Signals 50% Chance Of Reaching $100K By August

[ad_1] Bitcoin (BTC), the world’s largest cryptocurrency, has surged to a 26-month high, reaching $52,000 and reigniting predictions of surpassing its previous all-time high (ATH) of $69,000.  The market has experienced a resurgence of bullish sentiments, fueled further by the recent adoption of Bitcoin spot exchange-traded funds (ETFs). These have spurred notable growth within just … Read more

Bitcoin Price Soars, Smashing Through $45,000 On The Back Of Two Key Factors

Bitcoin Price Soars, Smashing Through $45,000 On The Back Of Two Key Factors

[ad_1] In the past 14 days, the Bitcoin price has displayed a significant uptrend of 14.5%, signaling a resurgence in bullish sentiment. This rally comes as Bitcoin spot exchange-traded funds (ETFs) have been trading for nearly a month, with the market already factoring in this development. As a result, Bitcoin is back on its natural … Read more

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

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