Coinbase denies lobbying against Bitcoin tax exemption: ‘Totally false’
[ad_1] Coinbase exchange founder and CEO Brian Armstrong has dismissed claims that the company has been lobbying against a tax exemption for Bitcoin transfers below $200. In a statement on X (formerly Twitter), Armstrong labelled the claims as “totally false,” adding, I’ve spent a bunch of time lobbying for Bitcoin’s de minimis tax exemption, and […]
Bitcoin S2F Model Says BTC Price Is Headed To $500,000, Here’s When
[ad_1] Bitcoin could be on track for a massive long-term rally if one of the most interesting valuation models in the crypto industry is still valid. According to pseudonymous analyst PlanB, the Stock-to-Flow (S2F) model suggests that Bitcoin could average around $500,000 during the current halving cycle between 2024 and 2028. The bold projection comes […]
Institutional Investors Pour $619,000,000 Into Bitcoin and Crypto Assets in One Week: CoinShares
[ad_1] Institutional investors just bought an overall total of $619 million in Bitcoin and crypto assets in one week, according to a new update from CoinShares. The outflows came despite significant late-week outflows. Crypto products saw $1.44 billion in inflows during the first three days, then $829 million flowed out on Thursday and Friday amid […]
Why your portfolio is always underperforming Bitcoin
[ad_1] Why your portfolio is always underperforming Bitcoin | CoinStats Blog /Blog [ad_2] Source link
Bitcoin Update – The Market’s Compass Technical View
[ad_1] With a break of the support band (83,870 / 85,370) Bitcoin found itself testing potential the intra-day support at the November 21st low (80,595.20). It avoided a full test and has bounced. We may have seen a short-term low today but the price structure from the January 14th high is “murky”, is it a […]
Analyst Says It’s Time For Bitcoin, But What’s Important About $58,000?
[ad_1] A crypto analyst has pinpointed critical price levels from past cycles on the Bitcoin chart that could determine the cryptocurrency’s next moves in this cycle. He has highlighted Bitcoin’s former all-time high target of $65,000 and a distinct 200-week Simple Moving Average (SMA) at $58,000 as key levels to watch. Bitcoin’s 200W SMA Highlighted […]
Institutional Investors Pour $1,000,000,000 Into Bitcoin and Crypto Assets in One Week: CoinShares
[ad_1] Institutional investors just bought an overall total of $1 billion in Bitcoin and crypto assets in one week, according to a new update from Coinshares. The inflows mark a reversal from a five-week streak of outflows totaling $4 billion. Bitcoin dominated the buying, drawing $881 million. Ethereum followed with $117 million in inflows, marking […]
$616,410,000 in Bitcoin and Crypto Liquidated As BTC Price Drops To $64,000
[ad_1] Traders betting on a Bitcoin and crypto bounce are getting wrecked to start the week. Bitcoin dropped from a 24-hour high of $67,695 to as low as $63,962, triggering a total of $616.41 million in liquidations, according to CoinGlass. The vast majority of the liquidations hit traders going long, coming in at $524.28 million. […]
Bitcoin Slides to $66K Support as Relief Rally Loses Steam
[ad_1] Bitcoin’s rally stalled as the cryptocurrency retreated from over $69,000 to roughly $67,000, triggering over $470 million in liquidations and wiping $40 billion off its market cap. Market Cap Shrinks Amid Liquidations On Feb. 26, bitcoin’s relief rally hit a wall. After effortlessly sweeping past the $69,000 mark, the cryptocurrency struggled to sustain its […]
Analyst Predicts Bitcoin Price Surge To $500,000 As Ribbon Fractal Emerges
[ad_1] A prominent market commentator has projected that the Bitcoin price could climb as high as $500,000, citing the reappearance of a long-observed moving average ribbon pattern on the monthly chart. The forecast, shared by Egrag Crypto on X, ties price structure to specific time windows in 2026 and 2028, arguing that technical alignment is […]