Bitcoin’s 2020 ‘Thanksgiving Massacre’ To Repeat Or Is The Holiday A ‘Turning Point For New Highs’?
Analysts on Monday drew parallels between Bitcoin’s (CRYPTO: BTC) recent performance and its infamous “Thanksgiving Day Massacre” in 2020, when prices dropped sharply before rebounding to new highs. What Happened: Coinbureau co-founder Nic Puckrin on X highlighted that Bitcoin has fallen from just below $100,000 to $91,500 this week,...
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What’s Going On With Bitcoin Mining Stock Iris Energy Wednesday?
Iris Energy Ltd (NASDAQ:IREN) shares are trading higher Wednesday on the heels of the company’s first-quarter financial results. Multiple analysts raised price targets following the print. Here’s what you need to know. What Happened: After the market close on Tuesday, Iris reported first-quarter Bitcoin (CRYPTO: BTC) mining revenue of...
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Pepe Set to Join Dogecoin, Shiba Inu As Multi-Billion Dollar Meme Coin By 2025: ‘Massive Breakout’ Coming Soon, Trader Predicts
Recent listings on Coinbase and Robinhood have invigorated bullish sentiment about Pepe, with traders calling for new all-time highs to come soon. Cryptocurrency Price Market Cap 24-Hour Trend 7-Day Trend Pepe (CRYPTO: PEPE) $0.00001833 $7.7 Billion +1.8% -9.2% Dogecoin (CRYPTO: DOGE) $0.3934 $57.8 Billion +4% +0.99% Shiba Inu (CRYPTO:...
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Behind The Numbers: The Real Market Value Of Leading Crypto Exchanges
Calculation of top cryptocurrency exchanges’ market capitalisation and virtual value. Have you ever wondered how much your favourite crypto exchange is really worth? The majority of crypto operators are non-public, i.e., they are not listed on stock. Nevertheless, there is but one crypto exchange, whose net worth is publicly...
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Cardano Founder Predicts Bitcoin Price Will Hit $500,000 Within 2 Years
Charles Hoskinson, the founder of Cardano and a co-founder of Ethereum, has forecasted that Bitcoin could reach a price between $250,000 and $500,000 within the next 12 to 24 months. Speaking during a livestream on November 26, 2024, Hoskinson attributed this potential surge to governments talking about a strategic...
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Jim Cramer ‘Cannot Take So Much Abuse’ After Drawing Ridicule For Bitcoin, Apple Calls — But He’s Not The Only One Touting BTC
Jim Cramer, the outspoken host of CNBC‘s Mad Money, has publicly voiced his frustration over the backlash he receives for his market predictions. What Happened: Speaking candidly during a segment on Monday, Cramer acknowledged the intense scrutiny and personal attacks he faces, suggesting the weight of the criticism is...
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Pro-XRP Lawyer Calls Out SEC For Soft Approach Toward Bankman-Fried
A pro-XRP lawyer lambasted SEC Chair Gary Gensler for not being fair with all cryptocurrency platforms, accusing Gensler of favoring some entities. The Securities and Exchange Commission official was scrutinized as his critics discovered that he had private meetings with the founder of an offshore crypto exchange. Unequal Treatment?...
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Bitcoin At $93,000—Crash Or Pause? ‘Bullish Outlook For 2025,’ Says 10x Research
Bitcoin‘s (CRYPTO: BTC) dip to $93,000 can be attributed to pressure from a combination of macroeconomic shifts, technical signals and on-chain trends, according to the latest note by 10x Research. Despite this, the long-term outlook for 2025 appears optimistic, aligning with Bitcoin’s historical cycles and broader economic trends, the...
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Bitcoin Top Buyers Panic Sell At Loss As BTC Slips Under $93,000
On-chain data shows the Bitcoin investors who purchased at the top are capitulating following BTC’s drawdown under the $93,000 level. Bitcoin Short-Term Holders Have Just Sold Big At A Loss As an analyst in a CryptoQuant Quicktake post explained, the latest BTC crash has triggered panic among the short-term holders. The...
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MicroStrategy Surges 8% In Wednesday Pre-Market: What’s Going On?
In a notable rebound, MicroStrategy Inc. experienced an 8.03% rise in pre-market trading on Wednesday following the slow recovery of Bitcoin (CRYPTO: BTC). This comes after a significant 12.33% drop and closing at $353.69 the previous day, as per Benzinga Pro. What Happened: On Wednesday, at 6:00 AM ET, Bitcoin was trading...
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