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Bitcoin (BTC) bull and author Robert Kiyosaki has shared an interesting theory regarding the asset’s current price struggles below $100,000 as the flagship cryptocurrency faces increased volatility. Specifically, Kiyosaki has accused BlackRock (NYSE: BLK), the world’s largest asset manager, of manipulating Bitcoin’s price to benefit institutional investors, according to his X post on December 27. Kiyosaki suggested that BlackRock CEO Larry Fink may be intentionally “dumping Bitcoin” to suppress its price, encouraging institutional investors to accumulate the cryptocurrency at a lower cost below $100,000. Picks for you Diamonds or Gold? We asked ChatGPT which is the best store of value for 2025 18 hours ago AI predict...

The Bitcoin price plunged 1% in the last 24 hours to trade at $93,385 as of 02:22 a.m. EST on trading volume that surged 21% to $56.7 billion. The BTC price fell to its lowest since November, dampening hopes of a “Santa Claus rally,” which has historically resulted in solid gains. This comes as MicroStrategy unveils the 21/21 plan, which aims at raising $21 billion through equity financing and another $21 billion through bond issuance over three years. According to Michael Saylor, the funds will be used to buy more Bitcoin as a way of showcasing the company’s commitment to the king of cryptos. JUST IN: MicroStrategy announces a special shareholder meeting to vote on key proposals aimed at accelerating its 21/21 Plan and aligning with its Bitcoin strategy. Proposals include: 1.Increasing Class A shares from 330 million to 10.33 billion for future capital raising.… pic.twitter.com/3OmO5fQQOA — Nyke Nakamoto (@Nyke_Nakamoto) December 23, 2024 Bitcoi...

The Bitcoin price surged 8% in the last 24 hours to trade at $88,556 as of 04:36 a.m. EST on trading volume that skyrocketed 87% to $146 billion. Bitcoin’s market capitalization surpassed that of silver to reach $1.74 trillion, making it the world’s eighth-largest asset.  🚨 BREAKING 🚨 BITCOIN HAS FLIPPED SILVER IN MARKET CAP, AND NOW RANKING AS #8 LARGEST ASSEST IN THE WORLD 🔥🚀 pic.twitter.com/gI7ijJCt31 — TheLordofEntry (@thelordofentry) November 11, 2024 The BTC pump comes after Donald Trump’s landslide election win last week and news yesterday that MicroStrategy had bought another 27,200 BTC for about $2.03 billion. The firm now holds 279,420 BTC. Bitcoin Price Aims For A Continued Surge The Bitcoin price has been on a parabolic rise in November, as the bulls capitalized on the $69,000 support level to push the price further above, according to data from GeckoTerminal . The 50-day Simple Moving Average (SMA) (wh...

As Bitcoin (BTC) continues to experience heightened volatility recently, which has made its price fall below $60,000 valuation, a $102 billion investment firm, VanEck, laid out the potential scenarios for its price by 2050. In a recently released report, VanEck’s digital asset research team, Matthew Sigel and Patrick Bush, laid out a pathway for Bitcoin’s price by 2050, including a base, bear, and bullish projection. Namely, depending on various conditions, Bitcoin’s price should reach a valuation of $2,910,345 under the base scenario, $130,314 in a bearish one, and $52,386,207 if bullish conditions are met. Picks for you $10 billion exits Solana in a week; here's why 17 hours ago Greg Abbott's net worth revealed: How rich i...

While history shows September isn't usually great for Bitcoin, analysts urged investors to look to mid-October. Bitcoin investors may be in for a rollercoaster ride. While history shows September is typically a bumpy month for Bitcoin — two ETF analysts have suggested investors turn their gaze to mid-October as the next "major days to watch ." According to historical data, Bitcoin’s monthly returns have closed in the red at the end of September nine times over the course of the last 13 years. Popular crypto analyst Will Clemente informed his 689,000 X followers that September has had the “least number of positive-returning months” and is on a six-year negative-returning streak. Bitcoin's returns broken down by months September has had the least number of positive-returning months at just two and is on a 6-year negative-returning streak. pic.twitter.com/4VqZkMubm3 — Will Clemente (@WClementeIII) August 31, 2023 There are a number of other factors that point to a bu...

Bitcoin (BTC) faces a “breakdown” and distribution despite a new macro economic paradigm being around the corner. That was one of the conclusions of quantitative Bitcoin and digital asset fund Capriole Investments, which in its latest update warned that Bitcoin was “not yet” ready to flip bullish. Capriole: Bitcoin fundamentals say "not yet" United States equities are booming and the Federal Reserve may be at the end of its most stringent monetary tightening ever — but Bitcoin has failed to react. As traders predict a return to levels closer to $25,000 or worse, Capriole believes that more time is necessary for the new macro economic reality to sink in. “At the same time that Bitcoin has been faltering, the S&P500 has had its longest winning streak in years and the Fed has essentially paused rate hikes at what is now the tightest monetary policy regime on record,” founder Charles Edwards wrote. “In essence we are at a macro pivot point and (all else equal) entering a new ...

Bitcoin (BTC) returned to exchanges en masse on July 27 in a sign that “major volatility” could come next. According to data from on-chain analytics firm Glassnode, intraday BTC exchange inflows have hit multi-month highs. Trader warns of BTC price volatility “spike” BTC price action continues to linger below $30,000, and traders have consistently warned that further downside could come next. At current levels, Bitcoin’s largest-volume investor cohort, the whales, appear to be in a state of flux in an unclear market. Now, with large tranches of coins on the move in recent days, attention is focusing on entities sending funds to exchanges — with the implication that selling pressure could increase as a result. As noted by market observers, including James Straten, research and data analyst at crypto insights firm CryptoSlate, over 10,000 BTC in inflows on a single day represented the biggest one-day increase for several months. “Yesterday, the most amount of Bitcoin went back onto exch...

Bitcoin and crypto markets seem ready to put in a "major move," commentary concludes, as BTC price action coils up below $31,000. Bitcoin (BTC) looked set to challenge range highs on July 13 as fresh macroeconomic data boosted risk asset bulls. BTC/USD 1-hour chart. Source: TradingView PPI shows U.S. inflation retreating beyond expectations Data from Cointelegraph Markets Pro and TradingView followed the market as the BTC price focus shifted above $30,500. PPI inflation leads CPI by a few months... and today's PPI numbers have YoY running at +0.24% Almost in deflation! Fed pivot anyone? https://t.co/oM4ck5Vgwy pic.twitter.com/Xl78ohLzOM — tedtalksmacro (@tedtalksmacro) July 13, 2023 United States Producer Price Index (PPI) numbers released on the day again came in below expectations, aiding rapidly abating inflation forecasts. With two weeks to go until the Federal Reserve decided on interest rate policy, however, markets themselves remained convinced that anot...

Bitcoin and select altcoins are finding buyers at lower levels, indicating a pick-up in positive sentiment. Bitcoin is still struggling to stay above $31,000. While a tight consolidation near the overhead resistance is a positive sign, the failure to rise above it may result in short-term liquidations. However, a shallow pullback should not be considered a trend change because, many times, the bulls take a step back to regroup and launch another attack at the resistance. If the barrier is overcome, the positive momentum picks up. Binance CEO Changpeng “CZ” Zhao said in an “ask me anything” session on Twitter that Bitcoin (BTC) could witness a bull year after its halving in 2024. CZ added that BlackRock’s foray into cryptocurrencies will be “hugely beneficial” for the industry. Daily cryptocurrency market performance. Source: Coin360 BlackRock CEO Larry Fink made positive comments about Bitcoin while speaking in an interview with Fox Business on July 5. Fink said that Bitcoin was an “i...

News of regulatory enforcement against the crypto sector fell to the wayside as Bitcoin price rallied above $30,000, and options data suggests the trend will continue. Bitcoin's (BTC) 15% rally toward $30,300 between June 19 and June 21 caught most traders by surprise, triggering $125 million in liquidations of leveraged short futures contracts. Narrowing down the trigger for the rally is complicated, but some analysts point to the potential inflow of institutional investors if Blackrock’s exchange-traded fund (ETF) application gets regulatory approval. BlackRock just filed with the SEC to create a spot #Bitcoin ETF. Given their reputation, this has the highest likelihood of happening out of all the attempts at a spot ETF so far. The institutional liquidity floodgates may finally open https://t.co/c9g2Ten1h8 pic.twitter.com/L2NmXq11gL — Joe Consorti (@JoeConsorti) June 15, 2023 ARK Invest CEO and chief investment officer Cathie Wood explained the rationale for the firm’s bulli...

Cathie Wood recently added to her fund’s position in Coinbase Global stock and reiterated her call for a $1 million Bitcoin price. Is this in line with analysts’ expectations? In an interview with Bloomberg, ARK Invest CEO and CIO Cathie Wood recently discussed why her flagship fund, Ark Innovation (ARKK), is adding to its position in shares of Coinbase (COIN) after the SEC sued Binance, one of Coinbase’s biggest competitors. ARKK purchased nearly 330,00 shares of COIN on June 6, 2023, worth about $17 million at the time, according to disclosure statements. Two other funds, Ark Fintech Innovation ETF and Ark Next Generation Internet ETF, also bought 35,700 shares, worth $1.8 million, and 53,900 shares, worth $2.8 million, respectively.  Across all three funds, ARK’s average entry price is $272.75 - $282.93, with their total position being currently valued at $1.77 billion. At the time of writing, COIN is trading at $53.90. Needless to say, the fund is deeply in the red on this trade s...