Monday, November 25, 2024
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Bitcoin analysts doubt BTC price rally as $23K target gains popularity

Bitcoin (BTC) drifted toward $27,000 after the Aug. 30 Wall Street open as the dust settled on digital asset manager Grayscale’s legal victory.BTC/USD 1-hour chart. Source: TradingViewBTC buyer interest remains lowData from Cointelegraph Markets Pro and TradingView showed BTC price cooling volatility which began the day prior, when a positive

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GBTC Bitcoin ‘discount’ may be gone by 2024 as share price gains 17%

Bitcoin (BTC) investment vehicle, the Grayscale Bitcoin Trust (GBTC) could erase its BTC price “discount” in 2024.In an X post on Aug. 30, monitoring resource CoinGlass predicted that the so-called “GBTC premium” would soon return.GBTC price: From "elevator to hell" to "stairway to heaven?"Grayscale netting a court victory over United

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Bitcoin gains traction in West Africa with educational drive

Bitcoin (BTC) adoption in West Africa is dominated by Nigeria, the crypto powerhouse and the region’s economic engine. But against a backdrop of anti-French sentiment, Bitcoin educational efforts are also bubbling away in French-speaking West Africa.Senegal recently opened its first physical Bitcoin exchange and education center called Bitique, and the

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SOL, ADA Prices Surge on Crypto Majors Recovery; Bitcoin Extends Gains: Market Wrap

“Bitcoin jumped back as high as $26,800 Wednesday as key whale & shark addresses are now collectively adding to their stacks once again,” on-chain analytics firm Santiment said in a tweet. “There are currently 156,660 wallets holding 10 to 10,000 $BTC, and they have accumulated $308.6M since August 17th.” Original Source

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FET, GRT, AGIX Hold Gains After Nvidia’s (NVDA) Earnings Beat Solidifies Artificial Intelligence Outlook

Today's result follows Nvidia's blowout first quarter results from last May which revealed an extremely bullish outlook for revenue tied to AI. This sentiment, coupled with increasingly AI mainstream reach with the likes of OpenAI’s ChatGPT, spilled over onto AI-related cryptocurrencies, sending them soaring, even though they've fallen back over

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