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CATEGORY: markets and prices

Ordinals Reach 20 Million Milestone, But Bitcoin-Based NFT Sales Slide
Author: Crypto Breaking News
United Kingdom
Source: Crypto Breaking News
Jul 30, 2023 10:30

Ordinals Reach 20 Million Milestone, But Bitcoin-Based NFT Sales Slide

This week marked a milestone as the number of Ordinal inscriptions minted on the Bitcoin blockchain crossed the impressive 20 million threshold. But despite this achievement, Bitcoin-based non-fungible token (NFT) or Ordinal marketplace sales have witnessed a downturn since mid-July. Once consistently taking the second spot week after week in the NFT sales ranking, Bitcoin-based [...]

The post Ordinals Reach 20 Million Milestone, But Bitcoin-Based NFT Sales Slide appeared first on Crypto Breaking News.

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Meme Coin PEPE Surges by 152% This Week, Now the Fifth-Largest Meme Token by Market Cap
Author: Crypto Breaking News
United Kingdom
Source: Crypto Breaking News
May 01, 2023 05:50

Meme Coin PEPE Surges by 152% This Week, Now the Fifth-Largest Meme Token by Market Cap

Pepe (PEPE), the meme coin featuring the popular character Pepe the Frog, has experienced a significant surge in value in the past week, rising by 152.9% against the U.S. dollar. Recent statistics indicate that PEPE’s market capitalization has surged from $141 million on April 22 to a current valuation of $303 million. PEPE Jumps 99% [...]

The post Meme Coin PEPE Surges by 152% This Week, Now the Fifth-Largest Meme Token by Market Cap appeared first on Crypto Breaking News.

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NFT Sales Drop for Second Consecutive Month After Record-Breaking Start to 2023
Author: Crypto Breaking News
United Kingdom
Source: Crypto Breaking News
Apr 30, 2023 10:30

NFT Sales Drop for Second Consecutive Month After Record-Breaking Start to 2023

Sales of non-fungible tokens (NFTs) have declined by 5.76% over the past 30 days, according to the latest NFT sales statistics. The data reveals that the sales figure stood at $732.13 million in April, which is $44.75 million lower than the $776.88 million recorded in March. NFT Sales Decline by 5.76% in April, Ethereum Dominates, [...]

The post NFT Sales Drop for Second Consecutive Month After Record-Breaking Start to 2023 appeared first on Crypto Breaking News.

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Crypto Analyst Predicts Bitcoin Could Surpass $330,000, Breaking Historical Growth Patterns
Author: Crypto Breaking News
United Kingdom
Source: Crypto Breaking News
Mar 10, 2024 05:50

Crypto Analyst Predicts Bitcoin Could Surpass $330,000, Breaking Historical Growth Patterns

In an analysis posted on Tradingview, cryptocurrency analyst Tradingshot presents a view where bitcoin might cross the $330,000 threshold. Utilizing a blend of historical pattern disruptions and the Theory of Diminishing Returns (TODR), the market analyst posits that the upcoming cycle may break from the traditional pattern of lesser yields. Bitcoin’s Journey Towards a Possible [...]

The post Crypto Analyst Predicts Bitcoin Could Surpass $330,000, Breaking Historical Growth Patterns appeared first on Crypto Breaking News.

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NFT Market Flourishes With an 11.62% Rise This Week; Largest Ordinal Inscription Fetches Record 8 BTC
Author: Crypto Breaking News
United Kingdom
Source: Crypto Breaking News
Mar 10, 2024 05:50

NFT Market Flourishes With an 11.62% Rise This Week; Largest Ordinal Inscription Fetches Record 8 BTC

Sales of Non-fungible tokens (NFTs) have witnessed a notable uptick this past week, climbing 11.62% to hit $442.02 million over the previous seven days. The most significant transaction was the sale of the ‘Alien’ Cryptopunk #3,100, donning a headband, for $16 million, with Bitcoin-based NFTs claiming the lead in sales volume across 22 different blockchains. [...]

The post NFT Market Flourishes With an 11.62% Rise This Week; Largest Ordinal Inscription Fetches Record 8 BTC appeared first on Crypto Breaking News.

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Golds Price Surge to Nearly $2,200 Overshadowed by Bitcoins Speculative Mania, Peter Schiff Claims
Author: Crypto Breaking News
United Kingdom
Source: Crypto Breaking News
Mar 10, 2024 05:50

Golds Price Surge to Nearly $2,200 Overshadowed by Bitcoins Speculative Mania, Peter Schiff Claims

In a manner similar to bitcoin and the overall crypto market, gold’s value has climbed, nearly touching $2,200 per ounce this week. This uptick is widely attributed to demand from central banks, with surveys indicating both Wall Street and Main Street anticipate higher prices in the upcoming week. At the same time, gold enthusiast Peter [...]

The post Golds Price Surge to Nearly $2,200 Overshadowed by Bitcoins Speculative Mania, Peter Schiff Claims appeared first on Crypto Breaking News.

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Mark Cuban: Bitcoin Demand to Outpace Supply, BTC Is a Great Store of Value
Author: Crypto Breaking News
United Kingdom
Source: Crypto Breaking News
Mar 08, 2024 05:50

Mark Cuban: Bitcoin Demand to Outpace Supply, BTC Is a Great Store of Value

Billionaire investor Mark Cuban, a minority owner of the National Basketball Association (NBA) team Dallas Mavericks, expects the price of bitcoin to go up due to the supply-demand dynamic. “I do feel that the demand is going to exceed the number of people selling,” he explained, adding that bitcoin is “a great store of value.” [...]

The post Mark Cuban: Bitcoin Demand to Outpace Supply, BTC Is a Great Store of Value appeared first on Crypto Breaking News.

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Bitcoin ETFs Break Trading Volume Record Blackrocks IBIT Now Holds Over 170K BTC
Author: Crypto Breaking News
United Kingdom
Source: Crypto Breaking News
Mar 06, 2024 05:50

Bitcoin ETFs Break Trading Volume Record Blackrocks IBIT Now Holds Over 170K BTC

Ten spot bitcoin exchange-traded funds (ETFs) shattered their trading volume record on Tuesday, reaching a staggering $10 billion. Blackrock’s Ishares Bitcoin Trust (IBIT) continues to dominate, surpassing $11 billion in assets under management (AUM) and accumulating over 170,000 bitcoins. Record Volume Day for Spot Bitcoin ETFs Ten spot bitcoin exchange-traded funds (ETFs) extended their record-breaking [...]

The post Bitcoin ETFs Break Trading Volume Record Blackrocks IBIT Now Holds Over 170K BTC appeared first on Crypto Breaking News.

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Skybridge Founder Insists Its Still Very Early to Buy BTC Sees Bitcoin as the New Berkshire Hathaway
Author: Crypto Breaking News
United Kingdom
Source: Crypto Breaking News
Mar 05, 2024 05:55

Skybridge Founder Insists Its Still Very Early to Buy BTC Sees Bitcoin as the New Berkshire Hathaway

Skybridge Capital founder Anthony Scaramucci has insisted that it is “still very very early” to buy bitcoin. He likened the cryptocurrency to Warren Buffett’s company, calling it the “Berkshire Hathaway of the 21st century.” He opined: “It was never ‘too late’ to buy Berkshire stock. It is still very very early for bitcoin.” ‘Bitcoin Is [...]

The post Skybridge Founder Insists Its Still Very Early to Buy BTC Sees Bitcoin as the New Berkshire Hathaway appeared first on Crypto Breaking News.

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Bitwise CIO Says Bitcoin Could Top $200K This Year Citing Too Much Demand, Not Enough Supply
Author: Crypto Breaking News
United Kingdom
Source: Crypto Breaking News
Mar 05, 2024 05:55

Bitwise CIO Says Bitcoin Could Top $200K This Year Citing Too Much Demand, Not Enough Supply

Bitwise’s chief investment officer says bitcoin price could surge above $200K this year due to a “massive supply-demand dynamic,” emphasizing that “there’s too much demand and not enough supply” for the cryptocurrency. Predicting “an even bigger wave” of demand for bitcoin due to spot bitcoin exchange-traded funds (ETFs), he described: “It’s in a new era [...]

The post Bitwise CIO Says Bitcoin Could Top $200K This Year Citing Too Much Demand, Not Enough Supply appeared first on Crypto Breaking News.

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Microstrategy to Buy More Bitcoin With Proceeds From $600M Convertible Note Sale
Author: Crypto Breaking News
United Kingdom
Source: Crypto Breaking News
Mar 05, 2024 05:55

Microstrategy to Buy More Bitcoin With Proceeds From $600M Convertible Note Sale

Nasdaq-listed company Microstrategy is planning to sell $600 million in convertible senior notes and use some of the proceeds to buy additional bitcoin. Microstrategy now holds 193K bitcoin. The company’s executive chairman, the pro-bitcoin Michael Saylor, says bitcoin has become the world’s “most popular investment asset.” Microstrategy to Buy More Bitcoin Microstrategy Inc. (Nasdaq: MSTR) [...]

The post Microstrategy to Buy More Bitcoin With Proceeds From $600M Convertible Note Sale appeared first on Crypto Breaking News.

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Precious Metal Peaks Gold Surpasses $2,140, Marking Historic Price High
Author: Crypto Breaking News
United Kingdom
Source: Crypto Breaking News
Mar 06, 2024 05:50

Precious Metal Peaks Gold Surpasses $2,140, Marking Historic Price High

As bitcoin climbed beyond its previous 2021 peak, the value of an ounce of pure gold similarly hit a lifetime high on March 5. The globally acknowledged safe haven asset soared to $2,140 per ounce on Tuesday, marking a 4.97% increase against the U.S. dollar over the preceding week. Price of Gold Climbs to Unprecedented [...]

The post Precious Metal Peaks Gold Surpasses $2,140, Marking Historic Price High appeared first on Crypto Breaking News.

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$1 Million per BTC by 2033: Predicting Bitcoins Price Trajectory Using the Power Law Model
Author: Crypto Breaking News
United Kingdom
Source: Crypto Breaking News
Mar 04, 2024 05:55

$1 Million per BTC by 2033: Predicting Bitcoins Price Trajectory Using the Power Law Model

In an era where bitcoin’s value fluctuates wildly, a price model has emerged, offering a mathematical glimpse into its future price. The “Bitcoin Power Law,” suggests an interesting path for bitcoin’s price, rooted in the principles of algebra and natural laws. The model, representing a blend of science and finance, forecasts bitcoin’s journey to unprecedented [...]

The post $1 Million per BTC by 2033: Predicting Bitcoins Price Trajectory Using the Power Law Model appeared first on Crypto Breaking News.

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Galaxy Digital Sees Tremendous Global Demand for Bitcoin CEO Says Theres a New Army of Buyers
Author: Crypto Breaking News
United Kingdom
Source: Crypto Breaking News
Mar 04, 2024 05:55

Galaxy Digital Sees Tremendous Global Demand for Bitcoin CEO Says Theres a New Army of Buyers

Galaxy Digital CEO Mike Novogratz sees “a tremendous global demand for bitcoin,” emphasizing: “This is probably the first time in the history of bitcoin that we have true price discovery.” Noting that there is “a new army of buyers” and there is also “an army of salespeople,” he expects the price of bitcoin to be [...]

The post Galaxy Digital Sees Tremendous Global Demand for Bitcoin CEO Says Theres a New Army of Buyers appeared first on Crypto Breaking News.

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Peter Brandt on Bitcoin Bull Market: My Bet Is This Is a Starting Candle
Author: Crypto Breaking News
United Kingdom
Source: Crypto Breaking News
Mar 03, 2024 05:55

Peter Brandt on Bitcoin Bull Market: My Bet Is This Is a Starting Candle

Veteran trader and renowned chartist Peter Brandt has doubled down on his bullish outlook for bitcoin. After raising his bitcoin price target for this bull market cycle to $200K, Brandt pointed to “huge monthly bars” on his bitcoin price chart, stating: “My bet is that this is a ‘starting’ candle.” Peter Brandt’s Bitcoin Bull Run [...]

The post Peter Brandt on Bitcoin Bull Market: My Bet Is This Is a Starting Candle appeared first on Crypto Breaking News.

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JPMorgan Expects Bitcoin Price to Drop to $42K After Halving
Author: Crypto Breaking News
United Kingdom
Source: Crypto Breaking News
Mar 03, 2024 05:55

JPMorgan Expects Bitcoin Price to Drop to $42K After Halving

JPMorgan has cautioned investors that the price of bitcoin could fall to $42,000 after the halving event in April. The global investment bank’s analysts explained that $42K is the level they “envisage bitcoin prices drifting towards once bitcoin-halving-induced euphoria subsides after April.” The bank also recently stated that the bitcoin halving and the next major [...]

The post JPMorgan Expects Bitcoin Price to Drop to $42K After Halving appeared first on Crypto Breaking News.

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Goldman Sachs Says Many of Our Largest Clients Getting Active in Crypto
Author: Crypto Breaking News
United Kingdom
Source: Crypto Breaking News
Mar 28, 2024 06:50

Goldman Sachs Says Many of Our Largest Clients Getting Active in Crypto

Many of Goldman Sachs’ largest clients are ramping up their activity in the crypto space following spot bitcoin exchange-traded fund (ETF) approvals and BTC price recovery. “The recent ETF approval has triggered a resurgence of interest and activities from our clients,” said Goldman Sachs’ Asia Pacific head of digital assets. Goldman Sachs’ Clients Getting Active [...]

The post Goldman Sachs Says Many of Our Largest Clients Getting Active in Crypto appeared first on Crypto Breaking News.

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Robert Kiyosaki Predicts Bitcoin Hitting $100K by September Plans to Buy BTC This Week as Halving Nears
Author: Crypto Breaking News
United Kingdom
Source: Crypto Breaking News
Mar 26, 2024 05:50

Robert Kiyosaki Predicts Bitcoin Hitting $100K by September Plans to Buy BTC This Week as Halving Nears

Rich Dad Poor Dad author Robert Kiyosaki has updated his bitcoin price prediction. He now anticipates the cryptocurrency reaching $100K by September. The famous author also announced his intention to purchase more bitcoin this week, citing the approaching halving event. He encouraged investors to consider adding bitcoin to their portfolios if they haven’t already done [...]

The post Robert Kiyosaki Predicts Bitcoin Hitting $100K by September Plans to Buy BTC This Week as Halving Nears appeared first on Crypto Breaking News.

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Skybridge Capital Founder Advises Act Like Youre Dead With Your Bitcoin and Dont Sell
Author: Crypto Breaking News
United Kingdom
Source: Crypto Breaking News
Mar 25, 2024 05:50

Skybridge Capital Founder Advises Act Like Youre Dead With Your Bitcoin and Dont Sell

Skybridge Capital founder Anthony Scaramucci has advised bitcoin investors to act like they are dead with their coins and not sell them. “Don’t do anything with it,” he recommended, emphasizing: “The dead people at Charles Schwab do far better than the living people.” Anthony Scaramucci’s Bitcoin Investing Advice Skybridge Capital founder Anthony Scaramucci offered some [...]

The post Skybridge Capital Founder Advises Act Like Youre Dead With Your Bitcoin and Dont Sell appeared first on Crypto Breaking News.

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Renowned Investor Jim Rogers Expects All Cryptocurrencies to Disappear Says Bitcoin Will Go to Zero Someday
Author: Crypto Breaking News
United Kingdom
Source: Crypto Breaking News
Mar 24, 2024 05:55

Renowned Investor Jim Rogers Expects All Cryptocurrencies to Disappear Says Bitcoin Will Go to Zero Someday

Veteran investor Jim Rogers, who co-founded the Quantum Fund with billionaire investor George Soros, expects all cryptocurrencies, including bitcoin, to disappear someday. Anticipating bitcoin going to “zero,” he stressed: “I’m very skeptical of crypto. I don’t expect it to last … I do not see any long-term value in cryptocurrency.” Jim Rogers Remains Skeptical of [...]

The post Renowned Investor Jim Rogers Expects All Cryptocurrencies to Disappear Says Bitcoin Will Go to Zero Someday appeared first on Crypto Breaking News.

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