Tag: Bitcoin

news-12102024-002454

Bitcoin’s Longest Flat Market in Halving Year History

Bitcoin is facing its longest period of sideways trading during a halving year, potentially signaling a significant shift in market dynamics. According to CryptoQuant CEO Ki Young Ju, Bitcoin has historically taken up to...
news-11102024-181341

Mt. Gox Extends Repayment Deadline to 2025, Easing Bitcoin Sell Pressure

The trustee managing the assets of Mt. Gox has decided to extend the deadline for distributing remaining assets to creditors by one more year, pushing it to October 31, 2025. This decision comes after...
news-11102024-181202

Bitcoin Price Surges as Market Quickly Recovers to $61,000

Bitcoin's price has seen a significant surge as the market quickly recovered to $61,000 following a brief dip below $59,000. This rapid V-shaped recovery has historically been bullish for Bitcoin, with past data showing...
news-11102024-121144

Crypto Prices Drop as Dollar Gains Before U.S. Inflation Report

The cryptocurrency market experienced a period of stagnation during the European morning, as investors reevaluated the likelihood of significant interest rate cuts by the Federal Reserve. This cautious sentiment led to a strengthening of...
news-11102024-121038

Bitcoin Price Surges to $61K in Americas Before September CPI Report

Bitcoin's price in the Americas surged to $61,000 before the September CPI report. Despite a slight dip to $60,300, Bitcoin recovered to $61,000, trading about 1.6% lower over 24 hours. The broader crypto market,...
news-11102024-120930

Bitcoin Bull Market: Second Breakout and Profitable Long-Term Holding

Bitcoin's bull market is showing signs of a second breakout, according to analyst Crypto Dan from CQ Korea. He points to historical patterns from previous cycles in 2013 and 2020, where long-term holders were...
news-11102024-060949

Understanding Bitcoin’s Role in Achieving the American Dream

Bitcoin is increasingly becoming a part of discussions around innovative financial structures, with a recent focus on how it could play a role in mortgage collateral. Homeownership has long been a cornerstone of the...
news-11102024-060741

South Korea Considers Approving Spot Bitcoin ETFs

South Korea is considering approving spot Bitcoin ETFs. The country's Financial Services Commission (FSC) has established a Virtual Asset Committee to discuss the approval of crypto ETFs and the authorization of corporate accounts. The...
news-10102024-180035

Bitcoin price analysis: $60,500 dip due to core inflation rise, YoY decline to 2.4%

Bitcoin's price has taken a slight dip to around $60,500 in response to unexpected core inflation rise and a year-over-year decline to 2.4%. The US inflation data released today revealed higher-than-expected figures, with the...
news-10102024-055705

Crypto Market Update: Bitcoin Falls Below $61K, Ether Drops 3% with PlusToken China Coins...

Cryptocurrencies experienced a downward trend on Wednesday, with bitcoin (BTC) dropping below $61,000 while U.S. stocks reached new record highs. BTC started the day at around $62,000 but gradually declined throughout the U.S. trading...