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Crypto Pundit Who Correctly Called The Bitcoin Price Surge From $15,400 To $100,000 Reveals What’s Next

Crypto Pundit Who Correctly Called The Bitcoin Price Surge From $15,400 To $100,000 Reveals What’s Next

Crypto pundit Crypto Michael, who correctly called the Bitcoin price surge from $15,400 to $100,000, has revealed what is next for the flagship crypto. Based on his revelation, Bitcoin still has enough room in this market cycle before its price peaks. What Next For The Bitcoin PriceIn an X post, Cry…

Kentucky joins growing list of US states to introduce Bitcoin reserve bill

Kentucky joins growing list of US states to introduce Bitcoin reserve bill

Kentucky has become the 16th US state to introduce legislation aimed at establishing a Bitcoin reserve, highlighting the growing adoption of digital assets at the state level.The bill, KY HB376, was introduced by Kentucky State Representative Theodore Joseph Roberts on Feb. 6. If passed, it would au…

Bitcoin Network Activity Slumps To One-Year Low – Is BTC Overpriced?

Bitcoin Network Activity Slumps To One-Year Low – Is BTC Overpriced?

According to a recent CryptoQuant Research post, Bitcoin (BTC) network activity has slumped to a 12-month low, with CryptoQuant’s Bitcoin Network Activity Index currently at its lowest level since February 2024.Bitcoin Network Activity Drops As Market ConsolidatesData from CryptoQuant’s Bitcoin Netw…

Bitcoin price seasonality data calls for $120K in Q1, but leverage remains BTC’s ‘biggest risk’

Bitcoin price seasonality data calls for $120K in Q1, but leverage remains BTC’s ‘biggest risk’

Bitcoin continued its downtrend this week, dropping briefly below $95,600 during the trading day. With a demand zone between $94,300 and $95,800, the crypto asset has exhibited a liquidity sweep of equal lows around $96,200, but a clear bullish reversal has yet to take place in the short term. Bitco…

Bitcoin to $500,000? Standard Chartered Exec Predicts Massive Surge By 2028

Bitcoin to $500,000? Standard Chartered Exec Predicts Massive Surge By 2028

In a recent client note, Standard Chartered’s Head of Digital Assets Research, Geoff Kendrick, predicted that Bitcoin (BTC) could surge to $500,000 by the end of 2028. The executive attributed BTC’s potential extraordinary price rise to two major factors.Factors Propelling BTC PriceWhile 2024 was a …

49,700 Dormant Bitcoin Just Moved—What’s Next For BTC’s Price?

49,700 Dormant Bitcoin Just Moved—What’s Next For BTC’s Price?

Bitcoin recent price movements have been nothing short of a rollercoaster ride. Earlier this week, BTC traded below $90,000 and quickly bounced back to above $100,000. As of today, the asset now hovers above $98,000.Amid this price performance, CryptoQuant contributor XBTManager has provided insight…

MicroStrategy Rebrands to Strategy, Reveals 74% Annual BTC Yield

MicroStrategy Rebrands to Strategy, Reveals 74% Annual BTC Yield

Michael Saylor just announced that MicroStrategy has rebranded to Strategy. As part of the rebrand, it incorporated the Bitcoin symbol into its official logo.The firm also released its Q4 2024 Financial Results, claiming that it spent over $20 billion on BTC acquisitions during this period. This reb…

Bitcoin $100K Breakdown Spells Trouble For Short-Term Investors—Study

Bitcoin $100K Breakdown Spells Trouble For Short-Term Investors—Study

The recent price slump in Bitcoin, caused by a turbulent cryptocurrency market, has sent many investors into panic mode, forcing them to offload their BTC holdings at a loss.However, blockchain analytics firm Glassnode noted that a group of Bitcoin investors remained resilient despite the crypto mar…

'The worst thing that happened to Ethereum' — Bitcoin up 160% since the Merge

'The worst thing that happened to Ethereum' — Bitcoin up 160% since the Merge

Ether has dropped nearly 70% versus Bitcoin since the Merge, weakening Ethereum’s market position and raising questions about its price outlook. Ethereum’s transition to proof-of-stake (PoS) in September 2022 aimed to be a game-changer for the network. It promised to improve energy efficiency and …

El Salvador Makes New Bitcoin Purchases After Revising Regulations

El Salvador Makes New Bitcoin Purchases After Revising Regulations

El Salvador, one of the most pro-crypto countries in the world, added 5 BTC to its Bitcoin Reserve on Saturday. The country purchased over $5 million worth of BTC in the past month.This move comes as El Salvador is modifying its Bitcoin policies to align with conditions set by the International Mone…

Gold Hit ATH, Bitcoin Plunges—What’s Driving the Divergence?

Gold Hit ATH, Bitcoin Plunges—What’s Driving the Divergence?

It has been less than two weeks since Donald J. Trump stepped back into the White House, and he has already rattled the cages with numerous controversial decisions. The latest came on Saturday evening as he levied hefty taxes on China but also its two neighbors – Canada and Mexico.Given the fact tha…

Stablecoins Hit Crazy ATH in Major Metric, What's Next?

Stablecoins Hit Crazy ATH in Major Metric, What's Next?

U.S. Dollar Tether supply on major centralized exchanges is rocketing since the bull rally started in early November. Normally, this might be an indicator for the next phase of crypto prices upsurge approaching, CryptoQuant experts say. Meanwhile, the rivalry in the stablecoin segment intensifies.$…