Analyst Warns of Altcoin Correction After Q4 Rally
While some analysts anticipate a significant altcoin rally, others warn of a possible correction. DeUp until now, Bitcoin has led the current cryptocurrency market cycle. Only a few alternative currencies have seen any movement, and while some analysts believe that alternative cryptocurrencies are poised for a significant rally, others warn that there may be a […]
Bitcoin ATH Bull Run Unlikely with Hot Sentiment
As of September 30, Santiment noted 1.8 bullish Bitcoin posts for every negative one, indicating a shift to optimism. According to Santment, the cryptocurrency market sentiment is at its highest level in months, which means that it is unlikely that Bitcoin will achieve an all-time high anytime soon. The blockchain analytics platform Santiment suggested in […]
Blackrock Resumes Bitcoin Buying, $70K Breakout Next?
This move reflects BlackRock’s belief in the long-term potential of digital assets, particularly Bitcoin, which it views as a hedge. Following the purchase of an extra 529 Bitcoin and 2,420 Ethereum, BlackRock has boosted its exposure to the cryptocurrency market. BlackRock now possesses 359,606 Bitcoins, which are projected to be worth $22.82 billion, and 350,000 […]
Sub $50K Bitcoin correction Looms as Whales Plan to Sell
Bitcoin may face further negative pressure in the run-up to the September 18 US interest rate cut, but will it fall below $50,000 this weekend? A Bitcoin correction below the crucial $50,000 mark could happen as early as this weekend, potentially increasing downward pressure in September, which is historically a bearish month for the cryptocurrency. […]
Mt. Gox Moves 13,265 BTC, Bitcoin Drops Below $60K
Mt. Gox still holds 46,164 bitcoins valued at $2.74 billion, with expectations of completing repayments by year-end. Within the past 24 hours, the cryptocurrency exchange Mt. Gox has once again transferred a whopping 13,265 bitcoins worth a stunning $784 million to two wallets that are unknown to the public. This information comes from the most […]