Bitcoin (BTC) Price Gearing Up for October Rally, Could Shoot to $37,000
The Matrixport report notes that the BTC price could return an average of 35% during the fourth quarter of 2023.
Everything you need for the flagship crypto: from price movements and halving cycles to institutional adoption, on‑chain metrics and market strategy around Bitcoin. Follow how Bitcoin’s narrative evolves, why it matters to global finance, and what shifts could impact its future role as digital gold.
The Matrixport report notes that the BTC price could return an average of 35% during the fourth quarter of 2023.
The price of Bitcoin is still above $27k as investors and stakeholders await monetary policy announcements from regulators worldwide.
While all the predictions from influential figures and institutions mentioned in our article provide intriguing insights, it’s always crucial to approach them with caution.
Heightened Bitcoin demand by institutional investors amid the incoming halving event in about six months has kept the bullish narrative alive.
These IPOs align with the broader trend of Chinese companies seeking public listings in Hong Kong, driven by regulatory scrutiny and market dynamics.
The new Bitcoin-only trust company will combine expertise from BitGo and Swan Bitcoin to drive adoption with minimal exposure.
If not for anything else, the latest report about clean energy usage could mean a greater move toward the adoption of BTC.
While Bitcoin maintains its stability amid inflationary concerns and economic data releases, other cryptocurrencies face a different fate.
Financial giant Franklin Templeton has applied to the SEC for approval to launch a Bitcoin exchange-traded fund (ETF) named the Franklin Bitcoin ETF, with Coinbase as the custodian and trading on the Cboe BZX Exchange.
Bitcoin and the broader crypto market have come under major selling pressure amid news of the FTX creditor liquidation.
The decision by the FASB to allow fair-value accounting for digital assets is a huge step forward for companies like MicroStrategy.
The decision by Genesis Global Trading (GGT) to wind down its business was reportedly voluntary and is currently working with regulators to ensure an orderly closure of services.
Qala will now rebrand to ₿trust Builders Programme and join forces with its parent company to democratize the development of open-source Bitcoin software.
Mi Primer Bitcoin has a goal of reaching more than 300,000 Salvadorans with its education program this year and to give out at least 7,700 presentational diplomas.
Bitcoin, which rose after Grayscale won its SEC case, has fallen to its lowest point since March as the market awaits an ETF decision.