Tag Archives: digital asset

Will Ethereum Bounce Back? Crypto Analysts Discuss Potential Price Recovery

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In the past week, Ethereum (ETH) has dropped 9.3%, falling from $3,630 on January 3 to $3,235 at the time of writing. While ETH is striving to defend the psychologically significant support level at $3,000, some crypto analysts remain confident that the digital asset’s long-term price trajectory is bullish. Can Ethereum Recover? Analysts Weigh In… Continue reading Will Ethereum Bounce Back? Crypto Analysts Discuss Potential Price Recovery→

Bitcoin May Hit $1.5 Million By 2035 According To Metcalfe’s Law, Analyst Predicts

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As Bitcoin (BTC) continues its pullback into the low $90,000 range, analysts are divided on how much further the top cryptocurrency might fall before a potential bounce. However, long-term market observers remain confident, emphasizing that short-term price action does not alter their belief in BTC’s eventual rise to a million dollars or more in the… Continue reading Bitcoin May Hit $1.5 Million By 2035 According To Metcalfe’s Law, Analyst Predicts→

Trump-Fuelled Bitcoin Rally May Fade Ahead Of January FOMC Meeting: Report

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A recent report by digital assets research firm 10x Research highlights that the US Federal Reserve’s (Fed) stance on interest rate cuts remains the most significant hurdle that could dampen the current Bitcoin (BTC) rally. Bitcoin’s Trump-Fuelled Rally At Risk Ahead Of FOMC Meeting Since pro-crypto Republican candidate Donald Trump secured victory in the November… Continue reading Trump-Fuelled Bitcoin Rally May Fade Ahead Of January FOMC Meeting: Report→

MARA CEO Advocates “Invest And Forget” Approach To Bitcoin, Citing Strong Historical Performance

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In a recent interview with FOX Business, Fred Thiel, CEO of Bitcoin (BTC) mining firm MARA Holdings, advocated an “invest and forget” strategy for retail investors looking to gain exposure to the world’s leading digital currency. Thiel Cites Positive Historical Performance Of Bitcoin BTC continues to trade within the mid-$90,000 range after a recent pullback… Continue reading MARA CEO Advocates “Invest And Forget” Approach To Bitcoin, Citing Strong Historical Performance→

Bitcoin As A Strategic Asset? CryptoQuant CEO Questions US’s Next Move

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Since President-elect Donald Trump raised the possibility of establishing a US Bitcoin Strategic Reserve, many advocates have pushed for the creation of the crypto stockpile, saying that it would make the country as the leader in the global cryptocurrency landscape. However, not everyone in the crypto community is convinced of the feasibility of the crypto… Continue reading Bitcoin As A Strategic Asset? CryptoQuant CEO Questions US’s Next Move→

Bitcoin ‘Head and Shoulders’ Setup Raises Fears Of $80,000 Price Drop – Details

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Although Bitcoin (BTC) remains range-bound – trading between the $90,000 and $100,000 price levels – some crypto analysts predict that a price correction may be on the horizon due to a bearish ‘head and shoulders’ pattern forming on the daily chart. Bitcoin To Drop To $80,000? Seasoned analyst and trader Aksel Kibar took to X… Continue reading Bitcoin ‘Head and Shoulders’ Setup Raises Fears Of $80,000 Price Drop – Details→

Bitcoin Reserve Idea Sparks Cautious Response From Japan PM: Report

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According to a recent report by Japanese cryptocurrency publication CoinPost, Japan’s Prime Minister Shigeru Ishiba has taken a cautious stance on the proposal to establish a national Bitcoin (BTC) reserve.  Ishiba Hesitant On Bitcoin Reserve Plans While some policymakers in Japan are advocating for the country to follow the lead of nations like the United… Continue reading Bitcoin Reserve Idea Sparks Cautious Response From Japan PM: Report→

Metaplanet Bitcoin Reserves Grow With Fresh $61 Million Purchase

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Japan-based early-stage investment firm Metaplanet continues its Bitcoin (BTC) buying spree. The company announced today that it has purchased 619.7 BTC for $61 million – including fees and other expenses – making it the firm’s largest Bitcoin acquisition to date. Metaplanet Increases BTC Holdings To 1,762 The recent crypto market downturn from its all-time highs… Continue reading Metaplanet Bitcoin Reserves Grow With Fresh $61 Million Purchase→

Ethereum Rejected At $4,000 Resistance Again: What Lies Ahead For ETH?

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Due to yesterday’s crypto market rout, Ethereum (ETH) has now faced rejection at the key $4,000 resistance level for three times since March 2024. The second-largest cryptocurrency by reported market cap is now trading at the $3,400 level, down 6.7% in the past 24 hours. What’s Behind Ethereum’s Underwhelming Price Performance? While ETH has posted… Continue reading Ethereum Rejected At $4,000 Resistance Again: What Lies Ahead For ETH?→

Hut 8 Bitcoin Holdings Now Over $1 Billion With Latest Buy

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Major North American Bitcoin (BTC) mining company Hut 8 has further expanded its BTC holdings with a $100 million acquisition. This latest purchase has pushed the company’s total reserves to over 10,096 BTC, valued at more than $1 billion at current market prices. Hut 8 Bitcoin Reserves Top $1 Billion The Miami-headquartered cryptocurrency mining firm… Continue reading Hut 8 Bitcoin Holdings Now Over $1 Billion With Latest Buy→