Early Tuesday’s crypto market rally, led by Bitcoin soaring to around $57,300, was sparked by a German government body reclaiming more than $200 million worth of BTC from multiple exchanges during late U.S. trading hours—this move breathed new life into investor confidence. Over the past 24 hours, Bitcoin surged approximately 3.5%, trading just above $57,300…
“Wolf,” a widely-followed pseudonymous crypto guru on X, has laid out a bullish framework for Ethereum, signaling that the world’s second-largest cryptocurrency might soar to $13,000 as soon as Q4. Even if that’s the sky-high scenario, his more cautious estimate still envisions ETH comfortably cruising past $8,000—well over twice today’s price. Detailing his outlook in…
Daily rundown of leading CME-futures tokens by CoinDesk expert and Chartered Market Technician Omkar Godbole. Bitcoin — Eyeing Another Shot at Its All-Time Peaks The hourly chart of Bitcoin (BTC) reveals a recent breakout from a descending channel, with a fresh higher low forming near $117,000 earlier today. Coupled with this, price action has climbed…
In a recent Friday briefing, Thielen laid out a compelling case for bitcoin surging to $70,000, buoyed by a cocktail of monetary forces, the broader macroeconomic backdrop, the rhythm of the U.S. election cycle, and a slow but steady uptick in interest from traditional financial players funneling money into bitcoin ETFs. January’s Tepid Performance in…
According to a report released Wednesday by German financial powerhouse Deutsche Bank, bitcoin (BTC $111,495.39) — the titan of cryptocurrencies — looks set to maintain its upward momentum well into 2025, with prices expected to hover at elevated levels. Regulatory Winds and Market Forces Aligning Backing this bullish forecast is a cocktail of factors: a…