Bitcoin’s price stands at $95,600, down from its all-time high of $106,800, leading to a notable shift in how many holders are profiting. Following the U.S. elections in November, Bitcoin peaked at $89,000, and the number of holders in profit exceeded 99%. But by Christmas Eve, that figure fell to 88.89% as the price struggled ...
Bitcoin has soared in value, surpassing $100,000 this year, but financial planners advise caution for potential investors. Most experts recommend only investing a small portion of your portfolio, typically 1% to 2%. If you decide to invest, buying Bitcoin directly or using spot ETFs can be good options for newcomers. Despite its impressive growth, Bitcoin ...
Ethereum has shown remarkable growth, with its price up over 52% compared to last year, highlighting its strong potential. This crypto asset stands out from Bitcoin mainly due to its use of smart contracts, which automate transactions based on specific conditions. As excitement builds for upcoming events like Ethereum ETFs and a positive change in ...
Bitcoin’s social sentiment has fallen to its lowest point of 2024, with more negative comments from retail traders despite the price holding above $95,000. Analysts see this as a potential signal for a price breakout. Recently, Bitcoin peaked at over $108,000 but has since dropped more than 10%, currently trading around $97,150. Some experts suggest ...
In 2024, the S&P 500 index enjoyed a solid 25% return, but the cryptocurrency Market has far outperformed it. By December 19, cryptocurrency Market capitalizations soared to an impressive $3.30 trillion, doubling in less than a year. Bitcoin rose 138% during this time, while Solana, known for its fast smart contracts, gained an astounding 2,000% ...
Billionaire hedge fund manager Paul Tudor Jones, founder of Tudor Investment Corp, is known for his successful investing strategies, including predicting the 1987 stock Market crash. Recently, his firm sold its shares in Boeing due to ongoing safety concerns and regulatory scrutiny, while boosting its investment in Bitcoin by over 400%. Jones views Bitcoin as ...
Economist Henrik Zeberg is optimistic about Bitcoin, despite a recent drop of nearly 10%. He believes the expected “Christmas rally” is still possible, predicting Bitcoin could surpass its all-time high of around $108,200. Currently trading at $101,784, Zeberg warns that after this peak, Bitcoin might see a significant decline to approximately $16,000. He also points ...
Economist Henrik Zeberg is optimistic about Bitcoin’s future, even after its recent 10% dip. He believes a “Christmas rally” is still on track and predicts Bitcoin will soar past its record high of around $108,200 to achieve a new all-time high. However, he warns that after this peak, Bitcoin could drop significantly, potentially reaching around ...
Cryptocurrency futures are contracts that allow investors to speculate on the price of digital currencies without needing to own them directly. Since their introduction, they’ve gained rapid popularity, particularly with Bitcoin and Ether contracts. These futures trade on various digital exchanges, including well-known platforms like Binance and CME Group. Investors are drawn to crypto futures ...
Bitcoin has recently achieved a new milestone, soaring to an all-time high of USD 106,000, surpassing its previous record from December 2024. This significant leap is largely attributed to the Bitcoin Halving event, which occurred in April 2024. Bitcoin Halving reduces the mining reward for Bitcoin, impacting supply and often leading to price increases. With ...
