Bitcoin ™️ | BTC | News

2024-03-23 10:19:56 Cathie Wood doubles down on $1.5 million Bitcoin as institutional exposure looms

Ark Invest CEO Cathie Wood said Bitcoin could be worth more than $1.5 million per coin if institutions allocate roughly 5% of their portfolios to the digital asset. The firm’s revised outlook, suggesting a potential surge in Bitcoin’s price beyond the $1.5 million mark, aligns with broader expectations for its integration into the global financial system. With major financial institutions yet to fully embrace Bitcoin, Wood anticipates further upward momentum in its value.

Source

@BitcoinNews
@EthereumNews
@AltcoinNews
@TradingNews
@MetaverseNews
@StockNews Open / Comment

2024-03-22 22:29:58 JUST IN: Benchmark senior research analyst tells Yahoo Finance Bitcoin usually rises "for around 18 months" after the halving

@BitcoinNews
@EthereumNews
@AltcoinNews
@TradingNews
@MetaverseNews
@StockNews Open / Comment

2024-03-22 11:24:58 $30 Billion RIA platform Carson Group Vice President reveals they are seeing advisors allocate 3.5% of client households to spot Bitcoin ETFs

@BitcoinNews
@EthereumNews
@AltcoinNews
@TradingNews
@MetaverseNews
@StockNews Open / Comment

2024-03-21 18:44:57 Bitcoin Halving May Have a Positive Impact on Prices, But Other Factors Still at Play: Coinbase

Historical precedent suggests that bitcoin’s (BTC) recent strong performance will continue into and after the upcoming halving, as the event reduces the supply of new BTC, but investors should be wary of this view, Coinbase (COIN) said in a research report on Wednesday. The world’s largest cryptocurrency rose an average of 61% in the six months before prior halvings and gained an average of 348% in the six months after, Coinbase noted.

Source

@BitcoinNews
@EthereumNews
@AltcoinNews
@TradingNews
@MetaverseNews
@StockNews Open / Comment

2024-03-21 09:29:58 Marathon CEO explains the financials of landfill methane gas Bitcoin mining

“With methane landfill gas, it’s coming out of the ground all the time, so you can mine 24/7.”

- Fred Thiel

@BitcoinNews
@EthereumNews
@AltcoinNews
@TradingNews
@MetaverseNews
@StockNews Open / Comment

2024-03-20 19:54:58 Bitcoin halving event now just a month away, expected to occur on 4/20

Bitcoin’s next halving event is now just a calendar month away with approximately 4,450 blocks to go, according to estimates from The Block’s Bitcoin Halving Countdown page. The estimated countdown is based on Bitcoin's average block generation time of 10 minutes, setting a potential date of April 20 at around 8 a.m. EDT at the current pace. Bitcoin’s next halving event will see the reward for miners on the network drop from 6.25 BTC to 3.125 BTC per block.

Source

@BitcoinNews
@EthereumNews
@AltcoinNews
@TradingNews
@MetaverseNews
@StockNews Open / Comment

2024-03-20 10:10:00 GBTC Experiences Its Largest Daily Drain Yet, Nearly 239,000 BTC Gone in Under 70 Days

According to the latest statistics, Grayscale’s Bitcoin Trust (GBTC) experienced its most significant outflow on March 18, 2024, totaling $643 million. Onchain experts have closely observed GBTC’s activities as a considerable number of bitcoin have been moved out of the trust’s reserves.

Source

@BitcoinNews
@EthereumNews
@AltcoinNews
@TradingNews
@MetaverseNews
@StockNews Open / Comment

2024-03-19 19:34:59 $620 million liquidated as Bitcoin breaks below $64k

The market has weathered $542 million in Bitcoin and crypto liquidations over the past 24 hours as Bitcoin fell below $64,000 for the first time in roughly two weeks. On March 6, Bitcoin wicked down below the mark before continuing upward to record new all-time highs repeatedly. Most liquidations were longs at $454 million, with just $87 million in short liquidations. Bitcoin made up $156 million of the total liquidations, according to Coinglass, as of press time.

Source

@BitcoinNews
@EthereumNews
@AltcoinNews
@TradingNews
@MetaverseNews
@StockNews Open / Comment

2024-03-19 07:35:00 $100K to $150K — Traders Target Six-Figure Heights With Long-Dated Bitcoin Call Options

Recent data reveals a significant uptick in open interest for bitcoin futures and options across various trading platforms in recent weeks. On Monday, insights from QCP Capital indicated a notable interest in long-term September and December bitcoin calls, aiming for the lofty six-figure price brackets.

Source

@BitcoinNews
@EthereumNews
@AltcoinNews
@TradingNews
@MetaverseNews
@StockNews Open / Comment

2024-03-18 18:45:00 Standard Chartered raises Bitcoin price target to $150,000 by year-end

Standard Chartered Bank has raised its bitcoin price prediction target to $150,000 from its previous estimate of $100,000. "For 2024, given the sharper-than-expected price gains year-to-date, we now see potential for the BTC price to reach the $150,000 level by year-end, up from our previous estimate of $100,000," Standard Chartered Bank analysts led by Geoffrey Kendrick wrote in a report on Monday.

Source

@BitcoinNews
@EthereumNews
@AltcoinNews
@TradingNews
@MetaverseNews
@StockNews Open / Comment