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Bitcoin put in another positive price performance over the past week, with its price rising by more than 14% in just seven days. However, the price of the premier cryptocurrency and the potential of the starting bull run might be under threat, as investors seem to be cashing in on their profits.
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Bitcoin (BTC) risks “rolling over” to cancel its latest uptrend, new analysis warns as altcoins surge.
In a post on X (formerly Twitter) on Dec. 9, popular analyst and social media commentator Matthew Hyland flipped cautious on BTC price action.
El Salvador, along with the largest stablecoin issuer in the world, Tether, has introduced a new citizenship-by-investment program, the “Adopting El Salvador Freedom Visa Program,” aimed at attracting 1,000 individuals willing to make a significant investment in the country using Bitcoin or USDT.
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In a year of turmoil in the Bitcoin and crypto sector, Swan has been one of the companies injecting capital into the nascent industry.
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Bitcoin (BTC) tapped $40,000 after the Dec. 8 Wall Street open as United States employment data shrunk market bets on interest rate cuts.
BTC/USD 1-hour chart. Source: TradingView
Bitcoin holds firm as jobs data unsettles U.S.
Bitcoin (BTC) struggled to hold above $43,000 into Dec. 8 as an altcoin surge put Ether (ETH) in the spotlight.
BTC/USD 1-hour chart.
With Bitcoin’s price surging to $44,000 high for the first time this year, the crypto space is anxious to understand the events that could affect this bullish phase. Brian Kelly, a popular crypto investor has revealed key insights on events that could take place in 2024 as Bitcoin rises further.
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Bitcoin (BTC) is lining up an “early bull market” as a unique chart feature plays out for the first time in history.
In a post on X (formerly Twitter) on Dec. 7, entrepreneur Alistair Milne drew attention to Bitcoin’s first ever weekly golden cross.
In 2020, before the COVID-19 pandemic wreaked havoc across global economies, one narrative pushed the Bitcoin price higher: its capacity to store value. Global inflation was about to accelerate then, and assets such as BTC emerged as a hedge against this phenomenon.
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The European Commission (EC) is facing criticism from the crypto community over its proposed methodology to calculate and mitigate the “environmental” impact of Bitcoin.
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Bitcoin (BTC) clipped $44,000 later on Dec. 5 as the Wall Street trading session delivered more snap BTC price gains.
BTC/USD 1-hour chart.
Bitcoin (BTC) returned above $42,000 on Dec. 5 as analysis remained suspicious of market manipulation.
BTC/USD 1-hour chart.
The world’s largest asset manager, BlackRock, seems to be forging ahead with its plan to launch its Spot Bitcoin ETF, subject to approval by the SEC. A recent development shows that the asset manager already seeded this fund as part of its preparation.
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