Tagged: Bitcoin price

May 26, 2025 @ 2:33 pm By Omar Faridi  |  

Zumo‘s Nick Jones recently shared insights on the Bitcoin (BTC) price breaking all-time highs. Commenting on Bitcoin hitting a new record high above $111,000 on Thursday, Zumo‘s Founder and CEO Nick Jones said: “Bitcoin has soared to a new record high, with the market riding… Read More

April 27, 2025 @ 9:33 pm By Omar Faridi  |  

A research report from NYDIG highlights a shift in Bitcoin’s (BTC) market behavior, positioning it as a potential non-sovereign store of value in a landscape of growing economic and geopolitical instability. But these signs are very early and a bit pre-mature to draw an definitive… Read More

December 9, 2024 @ 10:59 am By Omar Faridi  |  

As the crypto industry had speculated on if and when Bitcoin could hit the $100,000 milestone (which it has now surpassed reaching a high of more than $103,000) analysis by Copper.co’s Head of Research Fadi Aboualfa suggests ETF flows could be the driver to get… Read More

October 27, 2024 @ 4:37 pm By Omar Faridi  |  

MicroStrategy (NASDAQ:MSTR) company stock recently surged to a 25-year high at $245, which has notably come before the release of AI-focused business intelligence company’s Q3 earnings report. MicroStrategy’s stock strongly aligns with major Bitcoin (BTC) developments. As crypto and Bitcoin industry observers would know, MicroStrategy… Read More

August 19, 2023 @ 3:23 pm By Omar Faridi  |  

James Butterfill, Head Of Research at CoinShares, has shared the firm’s thoughts on what’s behind the recent Bitcoin price crash: Butterfill notes that the recent crash may have been “prompted by the market realizing that the SEC approval of a Bitcoin ETF in the US… Read More

June 26, 2023 @ 12:56 pm By Omar Faridi  |  

Bitcoin (BTC) has rallied considerably during the past 30 days, but not for reasons that most people would think. The flagship cryptocurrency has surged over 12% since the start of this month. This past Wednesday, the BTC price surpassed $30,000 to notably reach its highest… Read More

January 12, 2023 @ 9:49 am By Omar Faridi  |  

The year 2022 was by far the most “eventful” year for the crypto market, according to Jack Tan, the Co-founder of WOO Network. According to Jack Tan of the WOO Network, the industry that has been struggling for years to get mass adoption “took back-to-back… Read More

January 1, 2023 @ 11:30 am By Omar Faridi  |  

Since the beginning of the year, the price of bitcoin has dropped by 64% from $46,311 to $16,851, but the market hasn’t yet reached a bottom. As the global economy enters a recession, the world’s first cryptocurrency could fall to $10,000 in 2023, according to… Read More

February 27, 2022 @ 1:05 pm By Omar Faridi  |  

Bitcoin (BTC) appears to be set to close a highly volatile week with a green candle — rebounding from a drop to around $34,000 after Russian forces “punctuated several weeks of tensions in the areas around Ukraine with what looks like a full-scale invasion,” the… Read More

February 23, 2022 @ 8:37 am By Omar Faridi  |  

The research team at BitOoda has provided an update on Bitcoin and broader public markets. As of February 15, 2022, $291 million in YTD fund outflows have taken place along with an inverted term structure of BTC volatility now “at 11% realized less implied.” As… Read More

February 14, 2022 @ 9:51 am By Omar Faridi  |  

Many people have come to own and embrace crypto-assets because of a powerful sense of mission that includes: fairness and efficiency meaning a desire to see transferring money more like sending a text message — “instantaneous and low cost to all, and not something that… Read More

February 3, 2022 @ 9:06 am By Omar Faridi  |  

The team at digital asset firm Gemini notes that there has been a considerable decline across the wider crypto market, including Bitcoin, since the beginning of 2022. However, Gemini points out in a report shared with CI that non-fungible tokens (NFTs) are “thriving.” The update… Read More

January 10, 2022 @ 8:52 pm By Omar Faridi  |  

Bitcoin-focused tech firm Blockstream notes in their Markets Weekly Report that BMN is launching a capital raise via Bitfinex Securities in the coming days. Meanwhile, El Salvador is preparing its regulatory framework for the upcoming BTC bond, and Goldman Sachs (NYSE:GS) recently stated that BTC… Read More

January 2, 2022 @ 3:43 pm By Omar Faridi  |  

Bitcoin (BTC) ended 2021 at an average price of $47,400, as Ray Dalio noted that BTC has “proven itself.” Meanwhile, MicroStrategy (Nasdaq: MSTR) continued to acquire more of the leading cryptocurrency to strengthen its corporate treasury, the team at Blockstream noted in a recent market… Read More

December 18, 2021 @ 3:21 pm By Omar Faridi  |  

BitOoda, an international digital asset financial technology & services platform offering risk management solutions, best-execution brokerage & expert market analysis, notes that Bitcoin declined 3.3% week-on-week, settling at around $48,830 as of midnight UTC on December 15, but has now dropped further to about $46,300 at… Read More

July 26, 2021 @ 8:50 am By Omar Faridi  |  

As Bitcoin prices rally higher, more than 2.1 million $BTC have now “returned to profitability based on their realized price,” according to an update from Glassnode. According to Glassnode, this indicates that 11.2% of the circulating Bitcoin supply has an “on-chain cost basis between $29k… Read More

July 13, 2021 @ 4:29 pm By Omar Faridi  |  

The research analysts at BitOoda have published their Weekly Hash report, dated July 12, 2021. The report reveals that cryptocurrency miner economics have improved despite the range-bound Bitcoin (BTC) price. The BitOoda team writes in a blog post that China’s Bitcoin mining ban “continues to… Read More

June 8, 2021 @ 10:59 am By Omar Faridi  |  

Digital asset firm Kraken notes in its latest Kraken Intelligence report that May was a rather “unpleasant” month for crypto. The Kraken Intelligence team points out that with such a “severe” price correction, some may now be wondering whether “the party that began last September… Read More

June 2, 2021 @ 2:24 pm By Omar Faridi  |  

The cryptocurrency market has really been tested during the past few weeks following “a cascade of negative news,” the Coin Metrics team notes in its latest report. The resulting crypto market price crash has also been “a big test” for stablecoins, which are becoming a… Read More

May 24, 2021 @ 4:35 pm By Omar Faridi  |  

Bitcoin (BTC), the flagship cryptocurrency, is up nearly 13% in the past 24 hours. It’s trading at around $37,800 at the time of writing. Meanwhile, Ethereum (ETH), the second-largest crypto by market cap, is up around 30% in the last 24 hours and is trading… Read More