#BitcoinPrice

The price of bitcoin is expected to skyrocket to $500,000 by the end of the decade, according to a recent report from Bernstein. In an initiation note on MicroStrategy stock, Bernstein analysts Gautam Chhugani and Mahika Sapra predict that bitcoin will rise 659% from Friday afternoon levels to reach half-a-million dollars by 2029. The driving…

A significant Bitcoin whale has just transferred $1.06 billion worth of Bitcoin from its Coinbase account. The notable transaction occurred as the price of the leading digital currency fell below $67k recently, marking a -4.31% change over the past day. According to data from on-chain analysts, the whale moved the BTC in two large batches…

Data on bitcoin options’ open interest suggests a bullish outlook for the price of the world’s top cryptocurrency. Many bitcoin enthusiasts are speculating that the price of bitcoin, the largest digital currency, could surge beyond $74,000 this month, according to analysts at QCP Capital. They have been analyzing call option data to gauge the optimistic…

LONDON, March 11 (Reuters) – Bitcoin skyrocketed to yet another historic milestone on Monday, surpassing the remarkable threshold of $70,400, indicating a relentless surge in the premier cryptocurrency’s value. It surged to $70,488.50 in early European trading, as data from LSEG illustrated. The cryptocurrency’s meteoric rise has been fueled by an influx of funds into…

The Eagerly Awaited Bitcoin Halving Few events in the crypto world are as eagerly anticipated as a Bitcoin halving. Occurring approximately every four years, this event plays a pivotal role in the core essence of the leading cryptocurrency. It fulfills the vision of Bitcoin’s pseudonymous creator, Satoshi Nakamoto, to gradually reduce the supply of new…