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Bitcoin is projected to reach a peak of $170,000 by October 2025, followed by a bear market with a potential decline to $30,000 by late 2026. EGRAG Crypto’s analysis highlights the importance of the 21-month EMA in predicting Bitcoin’s cyclical trends for investors. Renowned crypto analyst EGRAG Crypto has presented an intriguing forecast for Bitcoin’s…
Bitcoin is once again knocking on the door of a breakout, testing the upper boundary of its recent trading range near $97.7K. The flagship cryptocurrency has risen 2.8% in the past 24 hours, driven by a confluence of bullish factors that could set the stage for a move above the psychologically critical $100K level. This…
In a bold move signaling confidence in Bitcoin’s future, Japan’s Metaplanet has further strengthened its position in the digital currency market, raising $25 million through a fresh share issuance. This follows the company’s latest acquisition of 555 BTC, valued at a staggering $53.4 million, at an average price of $96,134 each. The Tokyo-listed firm now…
Bitcoin price soared to $97,260 on Wednesday following a dramatic $730 million short squeeze, triggered by a sudden missile strike by India on Pakistan. The attack on nine strategic locations, including in disputed Kashmir, jolted global markets and sparked sharp volatility across crypto and traditional assets. Initial reports of the strike sent BTC tumbling below…
The Bitcoin market continues to tread water as traders anxiously await key economic signals, particularly from the Federal Reserve’s policy meeting set to conclude Wednesday. With uncertainty hanging in the air, price action has reflected hesitation, with Bitcoin pulling back slightly in early Tuesday trading. At the time of writing, Bitcoin is down around 0.52%,…
At a fiery event hosted by Social Security Works, former Maryland Governor Martin O’Malley ignited controversy by claiming Bitcoin might be a Ponzi scheme — while strongly defending Social Security as one of the nation’s most trusted institutions. O’Malley took aim at high-profile figures Elon Musk and Donald Trump, accusing them of spreading misinformation to…
Bitcoin exchange-traded funds (ETFs) are continuing their impressive run, pulling in more than $1.8 billion in inflows last week, according to recent data from CoinGlass. This surge, which started on April 17, highlights a growing trend as Bitcoin ETFs increasingly capture the interest of institutional and high-net-worth investors. Thursday and Friday of last week proved…
In a bold prediction, renowned venture capitalist Tim Draper has stated that Bitcoin (BTC) will ultimately surpass the US dollar (USD) in value. Draper, known for his sharp insights into the tech and finance sectors, shared his perspective on the future of cryptocurrencies in a recent interview. His assertion comes amid growing concerns about the…
As Bitcoin continues to capture the attention of both retail and institutional investors, the first full week of May promises several significant developments that could shape its price action. Here’s a breakdown of the top five things to watch for in the coming days: This week’s developments present an intriguing mix of challenges and opportunities…
This jab came at a sensitive time for gold bugs. Gold prices, which hit a record high of $3,500.05 an ounce in April, slid 2.6% this week. On Friday alone, spot gold fell 0.4% to $3,228.50. As safe-haven demand cooled amid easing U.S.–China trade tensions and stronger-than-expected U.S. job data, investors backed off the shiny…