Most volatile weekend in a year as Solana dominates yet Bitcoin recovers

Bitcoin had the most volatile weekend in a year as Bitcoin slipped as low as $64,550 after reaching a new all-time high of $72.760 on Thursday, March 14. As of press time, Bitcoin has recovered to trade around $68,300. However, several price swings of between 3% – 7% have been prevalent throughout the weekend. Bitcoin… Continue reading Most volatile weekend in a year as Solana dominates yet Bitcoin recovers

Analysts warn MicroStrategy’s plan to fuel Bitcoin buys with debt could backfire

MicroStrategy could raise as much as $600 million from its latest convertible debt offering to purchase more Bitcoin . However, JPMorgan analysts have reportedly cautioned that the firm’s reliance on debt to purchase Bitcoin could exacerbate a market downturn. The firm, led by BTC advocate Michael Saylor , has acquired over 15,000 BTC worth nearly… Continue reading Analysts warn MicroStrategy’s plan to fuel Bitcoin buys with debt could backfire

Solana defies overall market trend to hit new all-time high market cap

Solana (SOL ) broke new ground on March 15 after an 11% rally brought its market capitalization to a new all-time high of $82.5 billion at a price of $186.77 per token despite the overall downtrend, which saw the market contract by 4%. This achievement surpasses its prior peak market cap of approximately $77.9 billion… Continue reading Solana defies overall market trend to hit new all-time high market cap

Bitcoin’s sudden price correction wipes out over $666 million from long traders in 24 hours

Bitcoin experienced a heavy price correction during Asian trading hours, dipping to a multi-week low of under $66,000, which resulted in significant losses for traders betting on further price increases. Over the past weeks, the flagship digital asset, fueled by the buzz surrounding the spot Bitcoin exchange-traded funds (ETFs) , had been on an upward… Continue reading Bitcoin’s sudden price correction wipes out over $666 million from long traders in 24 hours

Samson Mow says Bitcoin will hit $1 million this year amid unprecedented demand

Jan3 CEO Samson Mow said Bitcoin is on track to hit $1 million per coin this year or the next based on market conditions, the upcoming halving, and broader economic factors. Mow made the statement during a podcast appearance on March 12, reaffirming previous predictions regarding Bitcoin reaching a seven-figure price level. Mow’s bullish stance… Continue reading Samson Mow says Bitcoin will hit $1 million this year amid unprecedented demand

Bitcoin holders rejoice as value breaks unprecedented $71,000 milestone marking new ATH

Bitcoin’s price is trading above $71,000 for the first time in its history after increasing by more than 2% during the past day. Over the weekend, Bitcoin largely hovered around the $68,000 mark . However, during the early Asian trading hours today, it surpassed the $70,000 threshold and quickly surged to above $71,500. This rapid… Continue reading Bitcoin holders rejoice as value breaks unprecedented $71,000 milestone marking new ATH

Cathie Wood sees Bitcoin at $1 million sooner than 2030 after record ETF performance

ARK Invest CEO Cathie Wood recently declared that Bitcoin (BTC) will surpass the $1 million mark well before the anticipated year of 2030, which was her firm’s previous bull-case timeline . This updated price target comes as a result of new institutional involvement and significant regulatory milestones, especially the US approval of the first spot… Continue reading Cathie Wood sees Bitcoin at $1 million sooner than 2030 after record ETF performance

Bitcoin sees violent volatility after hitting new ATH second time in a week

Bitcoin hit a new all-time high for the second time this week and once again experienced a violent sell-off that erased its gains and stirred memories of past volatilities in the crypto space. Bitcoin broke its previous record early in the US trading hours on March 8, climbing to an all-time high of $70,136 after… Continue reading Bitcoin sees violent volatility after hitting new ATH second time in a week

Tether co-founder believes Bitcoin could hit $300K based on historic patterns

Tether co-founder William Quigley said Bitcoin could potentially surge to $300,000 at the peak of the current bull market, based on historical patterns of past halvings. He shared the insight during an interview with CNBC, where he discussed the market conditions influencing Bitcoin as the halving approaches. Quigley clarified that his analysis is not a prediction… Continue reading Tether co-founder believes Bitcoin could hit $300K based on historic patterns

Why Ethereum is stagnating behind Bitcoin after its rally to new record-high

The price of Ethereum is declining against both Bitcoin and the U.S. dollar. This comes as the dominant cryptocurrency soared to a new all-time high in the last several hours. As Bitcoin began to climb towards $49,900, the price of Ethereum actually dropped in the same period. Although Ethereum has sometimes lagged behind Bitcoin during… Continue reading Why Ethereum is stagnating behind Bitcoin after its rally to new record-high