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Bitcoin (BTC) kept pressure on $28,500 after the Oct. 19 Wall Street open ahead of a key speech on United States economic policy.BTC/USD 1-hour chart. Source: TradingViewLepard: Powell may flip "very dovish"Data from Cointelegraph Markets Pro and TradingView showed BTC price action gaining strength ahead of commentary by Jerome Powell,
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"If Tether’s market cap increases by $24 billion, acting as a proxy for potential ETF inflows, Bitcoin’s price would rise to $42,000, representing a conservative estimate. With a larger influx of $50 billion (1% allocation from RIAs), Bitcoin could potentially rally to $56,000," Matrixport said. Source
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Matrixport’s analysis suggests that if Tether’s (USDT) market cap increases by $24 billion, acting as a proxy for potential ETF inflows, Bitcoin’s price could rise to $42,000, representing a conservative estimate. A recent report from the crypto financial services platform Matrixport suggests that the approval of BlackRock’s Bitcoin Exchange Traded Fund
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As with the trust, Onramp is harnessing multisignature (multisig) security, in which several custodians control the private keys to the bitcoin being held. The asset manager has tapped BitGo to perform this role alongside Coincover and Kingdom Trust, according to an announcement shared with CoinDesk on Thursday. Original Source
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Bitcoin (BTC) is becoming scarcer than ever — if you are a BTC price speculator or new to the market.The latest data from on-chain analytics firm Glassnode shows a record portion of the available BTC supply is locked up in long-term storage.Bitcoin long-term holder presence beats all-time highsAt more than
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“By intentionally limiting the supply of new bitcoin, the shortage caused by the halving can affect the price of bitcoin to potentially spur a bull run,” Galindo said, adding that there have been “three such runs on bitcoin since its inception, each lasting 12 to 18 months after the halving.” Source
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Tesla did not buy or sell any BTC in the three months to September, leaving its coin stash unchanged at 9,720 BTC. Source
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Marathon said it may expand even further and add more custodians. The company had 13,726 bitcoin as of Sept. 30 and it's producing over 1,000 more per month, so "we believe it is an opportune time to diversify our bitcoin custody across multiple custodians," Marathon CFO Salman Khan said in
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A recent panel at the Swan Pacific Bitcoin festival was cleverly titled, “Are halving price cycles bullshit?” Throughout the discussion, host and founder of the Bitcoin Layer Nik Bhatia asked Marathon Digital CEO Fred Thiel, Swan CIO Ralph Zagury and Swan product manager Andy Edstrom to share their thoughts on
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