BTC in the spotlight: latest news

Lygos has introduced a new Bitcoin credit platform that utilizes Discrete Log Contracts from Atomic Finance. This innovative model aims to eliminate the custodial risks associated with traditional crypto lending, which contributed to the collapse of companies like Celsius.

Bitcoin is encountering resistance around the $113,600 mark as bulls strive to regain an upward momentum. Short-term investors might consider selling at breakeven in this price range.

Bitcoin's dominance in the market is decreasing, while altcoins are experiencing significant gains. Current trends in the charts indicate a potential shift towards altcoin investments.

Bitwise predicts that Bitcoin will reach $1.3 million by 2035, driven by increased institutional adoption, limited supply, and broader macroeconomic challenges.

Bitwise, a crypto asset management firm, has released a price prediction, indicating that Bitcoin could reach $1.3 million by 2035. This forecast highlights the growing institutional interest in Bitcoin, suggesting that it is becoming more than just a retail-driven phenomenon.

JPMorgan reports that Bitcoin's volatility has decreased significantly, dropping from approximately 60% at the beginning of the year to a record low of 30%.

Bitcoin is currently trading 9% below its all-time high of $124,128, facing significant volatility. Short-term investors are feeling pressure as critical support levels are being tested.

JPMorgan analysts stated that the current price of Bitcoin is "too low" when compared to gold, noting that Bitcoin's volatility has decreased to historic lows. They project that Bitcoin could reach as high as $126,000 by the end of the year.

Bitcoin miners have recently liquidated $485 million worth of BTC. Analysts are questioning whether this selling activity could pose a risk to the ongoing bull market.

The cryptocurrency landscape is constantly evolving, offering new opportunities for investment and income generation. Cloud mining has emerged as a significant avenue for ordinary individuals to earn cryptocurrency. Meanwhile, the income for holders of XRP, DOGE, and ETH remains unaffected by market price fluctuations.

Bitcoin is currently trading above $113,000 as the month of Uptober commences. Experts are sharing their predictions for Bitcoin's price and highlighting the potential of Bitcoin Hyper as a breakout cryptocurrency this month.

Bitcoin's megaphone pattern indicates potential price targets ranging from $144,000 to $260,000 in this cycle. Additionally, short-term holders are beginning to show signs of capitulation, suggesting a forthcoming recovery in the market.

Bitcoin (BTC) is displaying indications of a potential upward movement, with bullish investors targeting a price of $118,000 and considering the possibility of hitting $140,000 in the upcoming weeks.

Bitcoin (BTC-USD) is currently trading around $113,000 following significant selling by large investors. However, support from exchange-traded funds (ETFs) and corporate treasuries may help push the price higher, with potential targets set between $120,000 and $124,000 if resistance levels are overcome.

Cryptocurrency prices have experienced significant growth over the past year, with Bitcoin rising by 76%. A more lenient regulatory stance from the federal government has contributed to this trend, leading many investors to consider whether now is the opportune time to buy before Bitcoin potentially reaches $120,000.

An attempt to rally in the cryptocurrency market on Thursday faced persistent selling pressure during the afternoon in the U.S. As a result, Bitcoin's price struggled to maintain its position above the $113,000 mark.

Bitcoin, with a market capitalization of $2.2 trillion, accounts for more than half of the cryptocurrency market. While all cryptocurrencies carry inherent risks, Bitcoin is considered a relatively safer investment option.

Bitcoin is currently priced above $111,000 after recovering from earlier lows during the European trading session. Over the past 24 hours, it has seen an increase of less than 1%. Meanwhile, the CoinDesk 20 Index has also shown positive movement.

Long-term holders of Bitcoin (BTC) have secured profits amounting to 3.27 million BTC in the current market cycle, marking the second-highest profit realization in the cryptocurrency's history.

Bitcoin (BTC) experienced a price increase of 0.2%, while Ethereum (ETH) rose by 0.7%. Additionally, Bitcoin Cash (BCH) performed well, gaining 2.7% since Tuesday.

Recent fluctuations in Bitcoin's price have prompted long-term investors to reevaluate their positions in the cryptocurrency.

Benchmark analyst Mark Palmer has raised his price target for Hut 8 to $36, up from $33, while maintaining a buy rating on the stock.

Ethereum (ETH-USD) is experiencing a continued rally, gaining more than 2.5%. Meanwhile, Bitcoin (BTC-USD) and Ripple's XRP (XRP-USD) are also on the rise. Ether has increased by over 200% since earlier this year.

Bitcoin ETFs have experienced a significant turnaround, with $219 million in inflows following $1.2 billion in outflows. The investment vehicle IBIT now holds 745,000 BTC, surpassing both Coinbase and Binance. Meanwhile, the price of Bitcoin (BTC-USD) has stabilized around $111,400.

Bitcoin price analysis indicates that there is a possibility for BTC to reach new all-time highs, potentially hitting $160,000 by Christmas, with a strong performance expected in the fourth quarter.