Bitcoin Updates

Bitcoin Breaks Key Resistance Levels, Trading at Significant Discount

Bitcoin Breaks Key Resistance Levels, Trading at Significant Discount

Bitcoin price has blasted right through key resistances, up six days in a row so far. This rosy momentum is occurring as all of crypto starts to mirror a wider market macroeconomic macros. With Bitcoin’s price surging above $94,000 in the wake of the rally, the new market sentiment appears...

Crypto Market Surges, Triggering Massive Short Liquidations

Crypto Market Surges, Triggering Massive Short Liquidations

Specifically, Bitcoin, Ethereum, and Dogecoin all saw massive price surges resulting in huge short liquidations across the crypto market. Bitcoin pushed past the $92,000, $93,000 and $94,000 levels in rapid succession, hitting its highest price in two months. Ethereum made significant gains too, rising above $1,700 and then $1,800, with...

Bitcoin's 2028 Halving Event to Further Reduce New Supply

Bitcoin's 2028 Halving Event to Further Reduce New Supply

The next Bitcoin halving is projected for 2028. It will halve the new issuance of Bitcoin and test the economic fortitude of the network. This one-time, roughly four-year recurring event will serve to further entrench Bitcoin’s deflationary monetary policy. As such, analysts expect the 2028 halving to reduce block rewards...

Bitcoin Recovers, Price Soars Above $93,000 Amidst Supply Dynamics

Bitcoin Recovers, Price Soars Above $93,000 Amidst Supply Dynamics

Bitcoin (BTC), which has continued to show great resilience has quickly rebounded after last week’s selloff. Cryptocurrency’s price is back above $93,000, a significant rebound for the digital asset market. This resurgence is a testament to the ever-evolving world of Bitcoin and its persistent importance in the global financial scene.The...

Adam Back Forecasts Bitcoin to Reach $1 Million by 2025

Adam Back Forecasts Bitcoin to Reach $1 Million by 2025

Adam Back, a luminary in the Bitcoin ecosystem and CEO of Blockstream, has dropped an intriguing prediction. He’s convinced that Bitcoin will skyrocket to $1 million within 2025. Back’s forecast is grounded in technical analysis of the TPRs paired with a robust understanding of macroeconomic conditions. The prediction came during...

Bitcoin's Expanding Footprint Blockchain Size, Demographics, and Market Trends

Bitcoin's Expanding Footprint Blockchain Size, Demographics, and Market Trends

Bitcoin, the original cryptocurrency, continues to change. Yet it goes through great turbulence in its size of blockchain, participants, and virtual assets overall movement. According to recent data, its blockchain is growing at a blistering pace. It sheds light on the distribution of holdings, the age profile of users, and...

Bitcoin's Million-Dollar Trajectory: Experts Predict Future Milestones

Bitcoin's Million-Dollar Trajectory: Experts Predict Future Milestones

The upcoming 200 days have the potential to be some of the most consequential days ever for Bitcoin and the entire crypto space. Positive institutional interest is conjuring up enormous speculative hype around the price of Bitcoin. The launch of Bitcoin ETFs and increasing mistrust in fiat currencies are all...

Bitcoin Rebounds Above $90,000 Amidst Economic Headwinds

Bitcoin Rebounds Above $90,000 Amidst Economic Headwinds

Bitcoin has demonstrated resilience by climbing back above US$90,000 (AU$141,021), yet its post-halving performance continues to be a subject of scrutiny. The digital asset broke out in the last few days, buoyed by increasing global economic turmoil. This increase puts pressure on historic price expectations set by preceding halving cycles....

Bitcoin Surges Past $90,000 Amidst Market Uncertainty

Bitcoin Surges Past $90,000 Amidst Market Uncertainty

Bitcoin’s price has been on a tear lately, most recently pushing over $90,000 for the first time in over a month. Investors are trying to figure out what to do in a world with more volatile stocks and a weakening dollar. This environment could be contributing to the increasing attractiveness...