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Giovanni Santostasi’s Bitcoin Power Law model suggests Bitcoin’s price will not fall below $30,000 again, indicating a floor for future valuations. The model shows Bitcoin’s price trajectory will continue to rise, with its current
US Public Bitcoin miner CleanSpark has released its unaudited Bitcoin mining and operations update for July 2024. It reports mining 494 BTC during the month and a 567% increase in its Bitcoin treasury compared to last year.fortune play During the be
Jan Van Eck, CEO of the $107 billion asset manager VanEck, has predicted that Bitcoin could rally to $350,000 per coin as central banks embark on quantitative easing. In a recent interview with Fox Business, Van Eck expressed his bullish outlook, su
Former President Donald Trump has suggested that Bitcoin could be a key tool in addressing the United States’ burgeoning national debtmanilaplay, which has officially hit $35 trillion as of July 31. In an interview on Fox News on Aug. 2, Trump
Bitcoin (BTC) fell below key support levels as markets continued to bleed over the weekend due to fears of an impending global recession and escalating tensions in the Middle East.wingo The flagship crypto has fallen more than 8% since the start of
Investors are fleeing perceived riskier assets like Bitcoin due to a challenging macroeconomic environment severely impacting the crypto market. Bitcoin‘s price plunged to a six-month low of under $50,000 amid a broader crypto market sell-off
Spot Bitcoin (BTC) exchange-traded funds (ETFs) recorded over $5 billion in daily trading volume in the US on Aug. 5.betinm This is the first time spot Bitcoin ETFs in the US have registered over $5 billion since mid-April. According to DefiLlama, B
Bitwise Chief Investment Officer Matthew Hougan said the current market conditions are a prime buying opportunity for investors interested in Bitcoin, according to an Aug. 5 investor note. Hougan pointed out that Bitcoin had historically ended the y
MicroStrategy executive chairman Michael Saylor strongly endorsed the idea of a strategic Bitcoin reserve during a CNBC interview, framing it as a transformative step for nation-states, corporationsx1bet, and individuals alike. The reaffirmation com
The odds of an economic recession are increasing, and this might lead Bitcoin (BTC) to different outcomes, according to industry experts. Aurelie Barthere, Principal Research Analyst at Nansen, believes the chances of a recession in the second half
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