Browsing: Bitcoin

Bitcoin rebound Standard Chartered analysts predict a rebound for Bitcoin by the end of the year, suggesting that this cycle may be the last opportunity for BTC to fall below $100,000. The analysis indicates that… (via Bpaynews real-time desk)

Bitcoin Deposit Delay Bitcoin experienced a deposit delay, leading to a net inflow of 9,936.74 $BTC to centralized exchanges over a 24-hour period. This situation highlights the current dynamics in the cryptocurrency market as investors… (via Bpaynews real-time desk)

BlackRock’s Bitcoin ETF, known as IBIT, has experienced a significant outflow, totaling $523.2 million in a single day. This outflow marks a record for the ETF, highlighting notable investor activity. The substantial withdrawal reflects market… (via Bpaynews real-time desk)

Americans are leveraging Bitcoin mining as a method to heat their homes throughout the winter months. This innovative approach combines cryptocurrency mining with residential heating needs. By using the excess heat produced from mining operations,… (via Bpaynews real-time desk)

Bitcoin rebound Bitcoin has recently experienced a short-term rebound, surpassing the $92,000 mark. This increase follows a period of volatility in the cryptocurrency market. Analysts suggest that this rebound may indicate a renewed interest among… (via Bpaynews real-time desk)

Analysis indicates that the likelihood of Strategy selling Bitcoin in the near future to address debt obligations is minimal, while its current valuation appears more appealing. Market conditions suggest that selling Bitcoin at this juncture… (via Bpaynews real-time desk)

Bitcoin positioning has shifted dramatically, moving from a $140,000 call option to an $85,000 put option. This reversal indicates a significant change in market sentiment. Investors who previously anticipated a bullish trend are now adjusting… (via Bpaynews real-time desk)

Bitcoin price prediction Bitcoin’s price prediction indicates a potential recovery to $104,000 within the next 4-6 weeks, as the current oversold RSI at 28.63 suggests a possible bounce from the existing level of $91,061. Analysts… (via Bpaynews real-time desk)

Bitcoin Volatility Michael Saylor has stated that Bitcoin’s volatility has decreased to approximately 50%. He suggests that this reduced volatility could lead to better long-term performance compared to the S&P 500. Saylor believes that Bitcoin… (via Bpaynews real-time desk)

The Coinbase Bitcoin Premium Index has been in a negative premium since October 31, currently at -0.0499%. This indicates that the price of Bitcoin on Coinbase is lower compared to other exchanges. Such a negative… (via Bpaynews real-time desk)