“Bitcoin is on its way to $117,000”: analyst explains the reasons

The current momentum may take bitcoin above $100,000 for the first time. If bitcoin were to fall below $64,000, the bullish thesis could change. With the weekly closing of the price of bitcoin (BTC) above USD 68,000, the possibility of it reaching USD 100,000 has gained more strength. This is despite the fact that it … Read more

Bitcoin is marking a change in trend. When will it consolidate?

“We are about to see a new all-time high for bitcoin,” says Van de Poppe. There are 3 dangers that could stop the rise. The price of bitcoin (BTC) is approaching the $70,000 mark, reaching prices not seen since July of this year. As seen in the image below, this price increase implies that bitcoin … Read more

Is Bitcoin ready for a new high? Find out in the news summary

After a few complex months with the price trending downward, the price of bitcoin (BTC) seems to have recovered its upward potential this last week, hovering around USD 68,000. With this, hopes grow that the month of October will honor its traditional history and become uptober. There are several signs generating optimism in the market, … Read more

Dogecoin soars due to Elon Musk’s influence

Dogecoin (DOGE), the market’s main meme cryptocurrency, has unleashed a bullish rally in the last week and the catalyst has been billionaire Elon Musk. The relationship between the entrepreneur and the crypto asset continues to be a phenomenon that defies any financial logic, demonstrating that, when Musk speaks, dogecoin responds. In the last seven days, … Read more

“If you have Ethereum you are in trouble,” warns investor

Ethereum is not going through its best moment, at least in terms of popularity. The network co-created by Vitalik Buterin, who was the undisputed leader within the niche «Turing complete» from 2017 until the bull cycle of 2020-2021, now sees its reign threatened by networks like Solana or Sui, and even by Ethereum layers 2 … Read more

Is Bitcoin ready for a new high? Find out in the news summary

After a few complex months with the price trending downward, the price of bitcoin (BTC) seems to have recovered its upward potential this last week, hovering around USD 68,000. With this, hopes grow that the month of October will honor its traditional history and become uptober. There are several signs generating optimism in the market, … Read more

Is Bitcoin ready for a new high? Find out in the news summary

After a few complex months with the price trending downward, the price of bitcoin (BTC) seems to have recovered its upward potential this last week, hovering around USD 68,000. With this, hopes grow that the month of October will honor its traditional history and become uptober. There are several signs generating optimism in the market, … Read more

5 reasons will continue to drive gold, according to VanEck

Gold mining companies and investors are excited, VanEck says. Shares of mining companies have lagged behind the price of the metal. Investors are experiencing a true frenzy for gold, motivated both by macroeconomic measures in great powers such as the United States, as well as by the geopolitical conflicts that are shaking the world. Imaru … Read more

The war in the Middle East enters a new phase. How will it impact bitcoin?

The price of bitcoin has reacted calmly to Israel’s new attack on Gaza. Israel sees the end of the war close, while Iran sees the beginning of a new war phase. Financial markets, including bitcoin (BTC), have started today’s day on the rise, after the new geopolitical situation in the Middle East that changes the … Read more

11,000 bitcoin options expired and the price is approaching USD 70,000

The expiration of bitcoin options usually generates volatility in the price of the currency. BTC is close to $69,000, after a significant increase this week. This Friday, October 18 at 8:00 am (UTC), 11,000 bitcoin (BTC) options expired on the Deribit exchange, the largest in the cryptocurrency options and derivatives market. This event had a … Read more