Deutsche Bank Survey: Consumers Pessimistic About Bitcoin Price, Predict Fall Below $20,000 By 2024

Deutsche Bank Survey: Consumers Pessimistic About Bitcoin Price, Predict Fall Below ,000 By 2024

Bitcoin (BTC) has shown a price increase of almost 60% since the beginning of this year. Nevertheless, Deutsche Bank research among consumers shows that about a third expect Bitcoin to fall below the $20,000 price level again by the end of 2024, which reported Bloomberg. 🚀 Dutch exchange celebrates bull market: everyone gets free crypto … Read more

Bitcoin Price Surges Over $72K: Analysts Predict Strong Inflows Until Halving

Bitcoin Price Surges Over K: Analysts Predict Strong Inflows Until Halving

normal April 8, 2024 13:05 pm Bitcoin exceeds $72,100 again Bitcoin continued its strong rise on Monday, rising more than 3.9%, exceeding $72,000 levels.The cryptocurrency rose to $72,119.47, before returning and falling to $72,001.Spot Bitcoin exchange-traded fund (BTC) inflows are expected to remain strong until the Bitcoin halving, according to analysts.A Bitcoin halving means that … Read more

Will High Inflation Shake Up Bitcoin Price Next Wednesday?

Will High Inflation Shake Up Bitcoin Price Next Wednesday?

At the time of writing, the bitcoin price is around $69,000. It seems that the bulls will have every difficulty in keeping the price permanently above $69,000, the all-time high of 2021. An important reason for this seems to lie in the current macroeconomic situation. In January and February, US inflation turned out to be … Read more

Bitcoin Price Drops to $67,000: Analysts Attribute Decline to Diminishing Rate Cut Expectations

Bitcoin Price Drops to ,000: Analysts Attribute Decline to Diminishing Rate Cut Expectations

Bitcoin fell to $67,000, following declines in gold and the Nasdaq. One analyst said the decline was likely triggered by diminishing expectations of a Fed rate cut. QCP Capital believes that the broad uptrend will continue as long as demand for spot Bitcoin ETFs persists. Bitcoin (BTC) price fell to a low of $67,000 during … Read more

Nexon’s Bitcoin Investment Surges as Cryptocurrency Exceeds 100 Million Won

Nexon’s Bitcoin Investment Surges as Cryptocurrency Exceeds 100 Million Won

[딜사이트 김가영 기자] Nexon is attracting attention as Bitcoin exceeds 100 million won. Nexon’s Japanese subsidiary, which previously purchased Bitcoin in 2021, suffered a loss of more than 70% as it experienced a recession in virtual assets over the past three years. Then, after three years, the market began to recover and entered the realm … Read more

Cryptocurrencies under the microscope of the Tax Office – 2024-03-13 05:47:54

Cryptocurrencies under the microscope of the Tax Office
 – 2024-03-13 05:47:54

The Ministry of Finance is focusing on the taxation of the capital gain resulting from the sale of cryptocurrencies at a rate of 15%, after first clarifying the landscape regarding which procedure will be followed in order for these modern but also with many questionable financial products to be accepted by the Tax Office as … Read more

Bitcoin and Ethereum Price Analysis: Breaking Resistance Levels and Overbought Conditions

Bitcoin and Ethereum Price Analysis: Breaking Resistance Levels and Overbought Conditions

It faced selling pressure after trying to break the $69,000 level, falling to $59,000, and losing momentum. Ethereum outperformed, targeting $4,000 despite resistance at $3,975. Both cryptocurrencies are facing critical resistance and potential profit taking due to overbought conditions. Invest like a big box for less than $9 a month with AI-powered ProPicks stock picker. … Read more

Bitcoin Price Falls $3,400 After Hitting $70,000 Barrier; $240 Million Liquidated in a Hour

Bitcoin Price Falls ,400 After Hitting ,000 Barrier; 0 Million Liquidated in a Hour

Bitcoin hits a key psychological barrier at $70,000 but cannot stay above that level for long. This caused the price to fall sharply 5% to $66,600. With strong fluctuations near historical highs. This resulted in a total of $240 million being liquidated within an hour of trading. Data from CoinGlass also indicates that earlier this … Read more

Bitcoin Price Soars to All-Time High of $70,000 as JP Morgan Predicts $60 Billion Inflows for BTC ETFs

Bitcoin Price Soars to All-Time High of ,000 as JP Morgan Predicts  Billion Inflows for BTC ETFs

Although the price of Bitcoin recently dropped sharply to below $60,000, the crypto market has returned to the doldrums again. But soon after, the price of Bitcoin recovered again. and able to maintain its own upward trend As a result, the coin’s price has now broken its all-time high of $70,000 once again. Although we … Read more