$100k Bitcoin in 2024? Expert advises on catalyst to watch ‘like a hawk’

$100k Bitcoin in 2024? Expert advises on catalyst to watch ‘like a hawk’

After Bitcoin (BTC) reached its last all-time high of nearly $69,000, a significant portion of the market has increasingly viewed the $100,000 level as the next potential milestone for the maiden cryptocurrency. With Bitcoin presently trading above the $60,000 support zone, discussions surrounding the $100,000 target have resurfaced, with some market participants projecting that this … Read more

Bitcoin leads charge, weekly NFT sales skyrocket to $423m

Bitcoin leads charge as weekly NFT sales skyrocket to over $423m

The Bitcoin (BTC) network registered the most non-fungible token (NFT) sales in the past week, as overall transactions totaled a staggering $423,004,860. The sales mark an increase of more than 32% compared to the preceding week and signifies the third consecutive week of robust growth in the NFT market. According to data compiled by Cryptoslam.io, … Read more

Bitcoin and Ether Dominate Institutional Portfolios: Bybit Report

Bitcoin and Ether Dominate Institutional Portfolios: Bybit Report

The crypto market’s rally clearly indicates that institutions have shown a stronger preference for Bitcoin and Ether, allocating approximately 40% each to these top assets. As of January 31st, 2024, these entities have dedicated 15% to stablecoins and only 5% to alternative coins. A new report by Bybit suggests that institutional portfolios have become significantly … Read more

Bitcoin Will Have To Settle Here

Bitcoin Will Have To Settle Here

Double to triple-digit growth in a week for meme coins such as DOGE, SHIB, BONK, PEPE, and WIF is an early sign of the altcoin season, according to K33 Research. However, demand for ETFs is ten times greater than the number of coins being mined. Inventories on OTC platforms have shrunk many times over, and … Read more

Bitcoin and gold are becoming increasingly correlated in conservative investment strategies

Bitcoin and gold are becoming increasingly correlated in conservative investment strategies

In a striking turn of financial events, gold and Bitcoin (BTC) have both soared to record-breaking highs, signaling a shift in investor sentiment that appears to diverge from traditional expectations related to monetary policy and interest rate cuts. Analyst Noelle Acheson recently highlighted these trends, noting that their timing coincides with a period where anticipations … Read more