According to "Fortune", this rise is due to three aspects: first, the inflow of Bitcoin ETF funds; second, the expectation of an interest rate cut by the Federal Reserve; and finally, the Bitcoin halving that will take place in April.
JinseFinanceGolden Weekly is a weekly blockchain industry summary column launched by Golden Finance. The content covers key news of the week, market and contract data, mining information, project trends, technology progress and other industry trends.
JinseFinanceScott Melker believes that during the last halving cycle, the price of Bitcoin rose from a high of $20,000 to a high of $69,000, an appreciation of 250.86%. If a similar trend emerges, “Bitcoin will be at $240,000.”
JinseFinanceThe most far-reaching impact of ETF's drive to institutionalize Bitcoin is that it will be extremely difficult for the United States to ban the digital asset, allowing Bitcoin to permanently drive the evolution of how money fundamentally operates.
JinseFinanceAfter Nyan Cat and CryptoKitties, another cat-themed NFT has become popular. On January 22, an NFT named Genesis Cat was sold for US$254,000 at Sotheby’s, the world’s leading art and luxury auction house.
JinseFinance
BitcoinworldThe Human Rights Foundation (HRF) has announced its most recent round of donations, which total $325,000 in BTC and are focused on supporting important components of the Bitcoin ecosystem.
OthersThe number 13 is steeped in superstition. It isn't clear why the number has such significance, but even a prominent ...
BitcoinistBlackRock CEO Larry Fink said in July that the firm saw "very little demand" for cryptocurrencies from investors.
CointelegraphThe price of BTC fell to an intraday low of $45,672. Analysts said that a classic technical analysis pattern and on-chain data point to a strong fall back to $40,000.
Cointelegraph