JP Morgan predicts bitcoin price will reach its mining cost of $45,000
JP Morgan estimates the cost of mining one Bitcoin is now $45,000, up $3,000 since March 2024. Concurrently, the bank also predicts a decrease in Bitcoin’s price, which is expected to approach this production cost. JP Morgan estimates the cost of mining one bitcoin at around $45,000 In a recent report, JP Morgan estimates that […]
Crypto Millions: How did a trader become a millionaire with just $600 ?
A crypto trader turned $600 into over $2.5 million in just a few hours by investing in VibeCat on the Solana platform. However, this rapid success is overshadowed by suspicions of a rug pull by the creators of VibeCat. Despite the correction, many continue to make millions with meme coins. In this article, we will […]
Crypto exchanges : First decrease in cryptocurrency trading volume in 7 months
In April, cryptocurrency exchanges witnessed a significant decrease in trading volumes for the first time since September 2023. What are the reasons behind this ? First decrease in crypto exchange trading volume since september 2023 April marked the first decrease in trading volume on centralized cryptocurrency exchange platforms (CEX) in 7 months. Despite Bitcoin reaching […]
Bitcoin Spot ETF: Wisconsin State buys $164 million worth
The State of Wisconsin Investment Board (SWIB) has invested around $164 million in Bitcoin spot ETFs, including BlackRock’s iShares Bitcoin Trust (IBIT) and Grayscale’s GBTC. A positive sign that could encourage other major institutions to follow suit ? Wisconsin allocates Over $160 million in Bitcoin Spot ETFs Institutionalization progresses: The State of Wisconsin Investment Board […]
Bitcoin Consolidation nearing its end ? BTC Analysis from May 13, 2024
Bitcoin remains in a consolidation phase within a range it has been building for the past 2 months. While this may be trying for the impatient, this consolidation is healthy and necessary to sustain the underlying bullish trend. Can we expect a resolution soon ? It’s Monday, May 13, 2024, and the price of Bitcoin […]
Bitcoin and the major concern over U.S. inflation
Since the beginning of May, the stock, bond, and crypto markets have been trying to stabilize after a corrective period lasting several weeks, or even months in the case of bonds. However, no sustainable bullish recovery can occur without a resumption of underlying disinflation in the United States. Bitcoin will rise again as U.S inflation […]
“They don’t want a wave of innovations” – The SEC fears the potential of cryptocurrencies, according to Ethereum (ETH) Co-Founder
It’s no surprise that the U.S. Securities and Exchange Commission (SEC) is waging a campaign against the cryptocurrency sector. According to Ethereum co-founder Joseph Lubin, the aim is to control the industry and the flow of capital, driven by the fear that they could escape the regulator’s oversight. Is the SEC concerned about the innovation […]
Bitcoin: Is the rough patch almost over ?
Two renowned crypto analysts remain confident. The $70,000 mark is the target for Bitcoin by the end of the month. While Monday’s strong start already feels like a distant memory, the daily decline for BTC could soon be over. In fact, the 70k level seems to be the goal by month’s end. Nothing but good […]
Bitcoin (BTC): After the drop, is a new all-time high already in sight ?
As Bitcoin regains strength, experts and traders are already eyeing a new all-time high for the little orange coin. However, despite the general excitement, there are two specific events to watch for before confirming this trend. The entire crypto world is focused on Bitcoin, which is showing more and more bullish signs. When will the […]
Crypto AI: A major bull run is expected by late May, bho bhould you bet on?
After facing the market’s ups and downs, AI cryptos are coming back even stronger today. Several events could lead to another surge in this category by late May. AI cryptos are soaring again this week! Get ready: more opportunities could arise in May. May: A busy month for AI cryptos ? AI cryptos are among […]