The post PlanB Bitcoin Prediction May 2024: Analyst Sets BTC Target to $100,000 by Year-End appeared first on Coinpedia Fintech News This is something that’s bound to interest you! A noteworthy prediction has emerged from the creator of the widely used Stock-2-Flow (S2F) model. PlanB, known for accurate market calls, confidently declares that Bitcoin’s value is on the brink of a significant surge, emphasizing that it will likely reach $100,000 in 2024. The post-halving market is …
The post Bitcoin ETFs Experience Volatile Shifts! appeared first on Coinpedia Fintech News On May 1, 2024, the total net inflow for Bitcoin Spot ETFs recorded a dramatic drop of $563.77 million despite a cumulative inflow reaching $11.22 billion. The total value traded stood at $3.08 billion, highlighting intense market activity. Despite the daily outflow, the total net assets remained substantial at $47.08 billion, accounting for 4.17% of …
MicroStrategy has announced plans to launch a decentralized identity solution on the Bitcoin (BTC) network that stores and retrieves information using Ordinal-based inscriptions. MicroStrategy executive chairman Michael Saylor announced the solution, named ‘MicroStrategy Orange,’ at the company’s Bitcoin For Corporations conference on…
MicroStrategy has announced plans to launch a decentralized identity solution on the Bitcoin (BTC) network that stores and retrieves information using Ordinal-based inscriptions. MicroStrategy executive chairman Michael Saylor announced the solution, named ‘MicroStrategy Orange,’ at the company’s Bitcoin For Corporations conference on…
On May 1st, U.S. spot Bitcoin ETFs experienced their most significant single outflow day to date, amounting to a substantial $563.7 million.
Peter Schiff, a popular critic of Bitcoin and staunch advocate for Gold, has delved into the ongoing debate surrounding BTC’s valuation, predicting a potential downside pressure in the near future and setting his target at the $54,000 price level. Bitcoin Continues To Face Downside Pressure Earlier today, Schiff identified a negative pattern on the Bitcoin
U.S. Attorney’s Office investigates Jack Dorsey's Block for potential compliance and regulatory violations in handling cryptocurrency transactions.
Before you reading,Don't miss coins like PEPE again! Click here to find new PEPEs! Contents Ethereum (ETH) disappointments, Bitcoin ETF “entirely” drives cycle Cycle not over, expert says Advertisement Crypto veteran Alex Krüger provides a comprehensive summary of recent developments in the crypto market, including the role of Bitcoin ETFs, Ethereum’s performance, and the rise
Before you reading,Don't miss coins like PEPE again! Click here to find new PEPEs! Early Bitcoin investor Roger Ver, known as “Bitcoin Jesus,” has been arrested in Spain on U.S. charges of mail fraud, tax evasion, and filing false tax returns. Former Binance CEO Changpeng Zhao, also known as CZ, has been sentenced to four
The post FOMC Meeting Updates Revealed: Here’s How Crypto Markets Are Reacting appeared first on Coinpedia Fintech News The much-anticipated decision from the Federal Reserve about May’s interest rates is out. In today’s Federal Open Market Committee (FOMC) meeting, they decided to keep interest rates the same, sparking optimism in the cryptocurrency community. What impact should you expect? Read on! Interest Rates Hold Firm Chairman Jerome Powell, in today’s FOMC meeting, announced that …