As 2023 winds down with bitcoin soaring by 165% since January, numerous luminaries, visionaries, speculators, and market players predict that the leading cryptocurrency’s value will soar even higher in 2024. This week, Markus Thielen, leading Matrixport’s research division, shared insights expecting approval for a spot bitcoin exchange-traded fund (ETF) come January and highlighted that BTC’s […]
Bitcoin Technical Analysis: BTC Price Reflects Market Equilibrium and Consolidation
While precious metals such as gold and silver ascend and the stock market concludes its eighth consecutive week of gains, bitcoin steadies at $ 43,638 amidst a market teeming with intricate technical indicators. Bitcoin Bitcoin’s current price is situated within a 24-hour range of $ 43,412 to $ 44,243, reflecting short-term volatility. …
Vaneck Expects Bitcoin Price to Reach All-Time High After Donald Trump Wins US Presidency
Asset management firm Vaneck has predicted that bitcoin’s price will reach an all-time high on Nov. 9, following a “combative election that saw Donald Trump win 290 electoral votes and regain the presidency, raising optimism that the SEC’s hostile regulatory approach will be dismantled.” Vaneck further predicted that Satoshi Nakamoto could be named Time Magazine’s […]
Bitcoin Technical Analysis: Bears Take the Reins Clawing BTC’s Price Back
On Monday, the valuation of bitcoin experienced a 3.3% decline within the past day, falling beneath the $ 42K threshold. Currently positioned at $ 42,224, bitcoin’s valuation is undergoing a marked shift in the cryptocurrency landscape on Dec. 11, 2023, just two days prior to the forthcoming meeting of the U.S. Federal Reserve. …
Elon Musk’s Ripple Effect: Cogwise Predicts a $95 Million Revenue Loss for X and Its Impact on the Stock Price
This Sponsored Story is written by Cogwise. As the fallout from Elon Musk’s bold statement continues to reverberate across the business landscape, one crucial question looms: How will the predicted $ 95 million revenue loss for X translate into tangible effects on its stock price? Cogwise’s insightful forecasting extends beyond revenue predictions, delving into …