Bitcoin Archives - Page 23 Of 32

Cinematic illustration of a large-scale Bitcoin mining operation in the United States powered by advanced infrastructure

Bitcoin RSI Signals Potential $85K Price Target by Year-End

September 22, 2024 Paulo

Bitcoin’s weekly RSI hints at an $85K price target by year-end, while analysts warn $61K is a key level to hold for further bullish momentum.

MicroStrategy Increases Convertible Note Offering by 25% to Acquire More Bitcoin

September 18, 2024 Paulo

MicroStrategy raised its convertible note offering by 25% to $875m, with plans to redeem debt and acquire more Bitcoin for its expanding crypto portfolio.

Illustration of the growing conflict between Peter Schiff and Michael Saylor regarding Strategy’s business model

Michael Saylor Predicts Bitcoin Will Reach $13 Million in 21 Years

September 9, 2024 Paulo

Michael Saylor predicts Bitcoin will reach $13 million in 21 years, capturing 13% of global capital as adoption and institutional demand grow.

Illustration of major U.S. banks using blockchain networks and digital stablecoins to enable cross-border transactions.

Anchorage Announces Custody Support for Bitcoin L2 Stacks

September 4, 2024 Paulo

Anchorage Digital partners with Stacks, a Bitcoin L2 solution, to offer custody services for STX, marking its entry into Bitcoin’s expanding Layer-2 ecosystem.

Whale purchases 2,000 Bitcoin, increasing their total holdings to 8,559 BTC, valued at $490 million.

Whale Buys 2,000 Bitcoin in 4 Days, Now Holds $490 Million in BTC

September 3, 2024 Paulo

A crypto whale purchased 2,000 BTC in 4 days, raising their holdings to 8,559 BTC worth $490M. The buy comes amid significant market volatility.

Bitcoin Mining Revenue Hits All-Year Low

September 2, 2024 Paulo

Bitcoin mining revenue dropped to $827.56 million in August, marking the year’s lowest point and highlighting the challenges faced post-halving.

Graph showing the correlation between Bitcoin's hash price lows and its market price, reflecting trends similar to the pre-2021 bull run.

Bitcoin Price ‘Near a Bottom’ as Hash Price Lows Echo Pre-2021 Bull Run Patterns

August 31, 2024 Paulo

Bitcoin’s hash price lows may signal a bottom, echoing patterns before the 2021 bull run. Miners start accumulating, suggesting price stabilization.

Bitcoin ETFs See $105.19 Million Outflow as Ethereum ETFs Reverse Nine-Day Trend

August 29, 2024 Paulo

Spot Bitcoin ETFs face $105.19M in outflows, while Ethereum ETFs reverse a nine-day streak with $5.84M in new inflows, signaling market shifts.

Xapo Bank and Hilbert Capital announce the launch of a $200 million Bitcoin-denominated hedge fund.

Xapo Bank and Hilbert Capital to Launch $200 Million Bitcoin-Denominated Hedge Fund

August 27, 2024 Paulo

Xapo Bank and Hilbert Capital unveil a $200m Bitcoin-denominated hedge fund, targeting institutional investors with lower fees and strategic growth potential.

Bitcoin mining equipment with rising hash rate indicator on a digital screen.

Bitcoin Flashes Indicator That Often Precedes Higher Prices: CryptoQuant

August 20, 2024 Paulo

Bitcoin’s Hash Ribbons indicator signals miner capitulation is over, often preceding price surges, as BTC retests $59k. CryptoQuant predicts bullish momentum.