Standard Chartered Bank has warned that bitcoin’s price could potentially decline to $ 50,000. The head of digital asset research at the bank attributed this forecast to a mix of crypto-specific factors and broader macroeconomic influences. Additionally, he warned about the risk of liquidation for some spot exchange-traded fund (ETF) positions, emphasizing that over …
On April 28, 2024, the price of bitcoin was coasting along at $ 62,900 per unit as of 7:28 p.m. Eastern Time (ET). Since then, the price fell below the $ 62K mark by Monday morning ET, only to climb back above $ 62,000 by mid-afternoon. It has been nine days since …
A technical analyst has highlighted that bitcoin is approaching “the point where historically the most aggressive part of the bull cycle begins,” forecasting a potential rise to $ 300,000 for the cryptocurrency. “Unrealistic or not, that gives us a $ 300,000 projection and is undeniably technical as those are the exact high-to-low measurements …
A misinterpreted announcement by the HBAR Foundation suggested that Blackrock’s ICS US Treasury Fund was tokenized on the Hedera blockchain in partnership with Archax and Ownera, leading to a significant misunderstanding and a 96% increase in the HBAR token price within 24 hours. However, Blackrock had no direct involvement in the tokenization process, as clarified […]
Last weekend witnessed a significant decline in Bitcoin prices that continued throughout the week, resulting in a $ 4,500 drop and erasing $ 167 million in BTC long positions within just an hour. Despite this turbulence, onchain analyst Willy Woo forecasts a potential rise in Bitcoin’s price to $ 650,000. Robert Kiyosaki, …