Bitcoin could top fresh records in the coming days, with prices soaring to as high $130,000 in the coming months, Standard Chartered wrote.
Bitcoin has rallied over 50% since Donald Trump’s election win and is currently trading near the $106,000 mark.
The price of Bitcoin soared 119% in 2024, and the bulls have been out in full force, making predictions about where the cryptocurrency is headed.
Bitcoin (BTC) price hovers around $104,000 on Friday after bouncing off from its 50-day Exponential Moving Average (EMA) of around 98,800 earlier this week. Ethereum (ETH) and Ripple (XRP) approach key resistance levels; if rejected, they could lead to a correction ahead.
The SEC's “accelerated approval” grants NYSE Arca to list and trade shares of the hybrid Bitwise's Bitcoin and Ethereum fund.
From the Securities and Exchange Commission to the congressional Financial Services ... But cryptocurrency enthusiasts expect government-sponsored Bitcoin mining, the first steps toward a strategic Bitcoin reserve in federal coffers, and more.
Bitcoin (BTC) price hovers around $104,000 on Friday after bouncing off from its 50-day Exponential Moving Average (EMA) of around 98,800 earlier this week. Ethereum (ETH) and Ripple (XRP) approach key resistance levels; if rejected, they could lead to a correction ahead.
As Bitcoin continues to chart new highs on the back of institutional adoption, demand for DeFi services is expected to grow.
However, the RSI reads 44 and points upwards. For the bullish momentum to sustain, the RSI must close above the neutral level of 50 and rise. Like Chainklink, AVAX’s MACD indicator on the daily chart is about to flip a bullish crossover. If it succeeds on a daily basis, it would give a buy signal and suggest an uptrend.
The Securities and Exchanges Commission approved the 19B-4 form filing for Bitwise combined Bitcoin and Ethereum ETF.
The US Securities and Exchange Commission has granted initial approval to the “Bitwise Bitcoin and Ethereum ETF.”