'Santa Rally' Could Propel Bitcoin to $56K by Year-End, Matrixport Says

"Bitcoin continues to offer upside potential, and a +65% year-end rally would lift prices back to $56,000,” Thielen added.

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Matrixport doubles down on $45K Bitcoin year-end prediction

After first setting its 2023 year-end BTC price target at $45,000 in early 2023, Matrixport has reiterated its bold Bitcoin prediction.

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Bitcoin Price Analysis as BTC Passes $30K – Will It Have a Bullish End to the Year as Bitcoin Minetrix Also Hits $2M

The price of Bitcoin (BTC) has passed $30,000 once again, leading many analysts to predict a positive end to 2023 for the world’s largest cryptocurrency. With signs of a broader recovery in the crypto market, traders are keen to know how high BTC could climb before year-end.

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Celsius Network aims to repay customers by year-end in restructuring move

Celsius intends to partially reimburse its creditors using assets including Bitcoin, Ethereum, and stock. If approved, Celsius would be among the first failed crypto platforms to be resurrectedThe post Celsius Network aims to repay customers by year-end in restructuring move appeared first on AMBCrypto.

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Embattled crypto lender Celsius wants to start repaying customers by year-end

Key takeaways Celsius is seeking court approval to start repaying customers in the coming weeks.   The company will repay its creditors using Bitcoin and Ethereum and stock in the new company.

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Can Bitcoin's spot ETF approval trigger a $300 billion crypto influx?

Yusko believed that a spot Bitcoin ETF “will receive approval at some point around year-end.” Presently, a wave of ten active spot Bitcoin ETF applications are underway. Mark Yusko, the The post Can Bitcoin's spot ETF approval trigger a $300 billion crypto influx? appeared first on AMBCrypto.

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Bitcoin Price May Boom in October, Could Hit $37K by Year-End: Matrixport

The world’s largest cryptocurrency generally outperforms in the fourth quarter, returning on average more than 35% over the past nine years, the report said.

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Pro says Bitcoin will hit $50K this year: could Chancer token rally too?

Bitcoin is already up roughly 80% for the year but the Chief Executive of Nexo is convinced that it still has more room to the upside. Bitcoin could hit $50,000 by year-end In a recent interview with CNBC, Antoni Trenchev said it was conceivable for the world’s largest cryptocurrency to end the year between $40,000 […] The post Pro says Bitcoin will hit $50K this year: could Chancer token rally too? appeared first on Invezz.

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Standard Chartered Bank Says Bitcoin Price Likely To Hit $50,000 This Year, $120,000 By 2024

Multinational bank Standard Chartered, which in December 2022 predicted that the bitcoin price was on track to plummet as low as $5,000 in 2023, now believes that the world's first and largest cryptocurrency will cost ten times more by year-end and an astounding $120,000 in 2024.

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Michael Novogratz says Bitcoin will be ‘off to the races’ near year-end

Bitcoin ended May down 8. 0% – its worth month since November. Galaxy Digital CEO Michael Novogratz is still bullish on BTC. He explained why this morning on CNBC’s “Squawk Box”.

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Bitcoin Miner Stronghold Raises Year-End Hashrate Guidance to 4 EH/s

Fourth-quarter revenue of $23.4 million was driven mainly by selling energy to the power grid rather than crypto mining.

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PayPal Held $604M of Customers' Crypto as of Year-End 2022

The payments company held $291 million of bitcoin and $250 million of ether, with the rest comprising litecoin and bitcoin cash.

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MicroStrategy continues trading bitcoin despite a $1.3b paper loss

MicroStrategy, a software analytics company, reported a paper loss of $1.3 billion on its bitcoin (BTC) holdings in 2022. However, it stated that it would continue trading digital assets.  MicroStrategy’s 2022 Q4 impairment charges During a 2022 Q4 and year-end…

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2022 second-worst year ever for Bitcoin price – Arcane

Arcane Research’s 2022 year-end report cited that 2022 was the second-worst-performing year for Bitcoin (BTC), as the leading crypto saw a 65% decrease throughout the year, only beaten by the 73% sink recorded in 2018.

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Ethereum Finishes 2022 With ATH Correlation To Bitcoin, Despite The Merge

Data shows Ethereum’s year of high correlation with Bitcoin is coming to an end with the metric hitting ATH values. Ethereum Ends 2022 With All-Time High Correlation To Bitcoin According to the year-end report from Arcane Research, the global markets have all fallen strongly correlated this year.

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Bitcoin Interexchange Flow Pulse About To Reverse, What Does It Mean?

On-chain data shows the Bitcoin Interexchange Flow Pulse is about to see a trend reversal, here’s what it may mean for the crypto’s price. Bitcoin Interexchange Flow Pulse Is Crossing Over Its 90-Day MA As per CryptoQuant’s on-chain year-end dashboard release, the trend shifts in this metric have historically occurred with phase changes in the market.

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Bitcoin Ends 2022 With 55% Of Supply In Loss, But Is It Enough For Bottom?

On-chain data shows Bitcoin is about to end 2022 with a peak supply in loss of 55%. Here’s how this value compares with previous bottoms. Around 55% Of Total Bitcoin Supply Has Been Underwater Recently As per CryptoQuant’s year-end dashboard release, this metric reached a value of 60% during previous bottoms. The “supply in loss” […]

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Built on Bitcoin in 2022: Top Bitcoin Newsletter Publishes Its Year-End Review

A deliberately measured progression in development with at least 3 major themes is the conclusion of the Bitcoin Operations Technology Group.

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Bitcoin Drops To Monthly Low As Year-End Approaches, More Impulsive Decline?

Bitcoin moved closer to the $17,000 level on Tuesday. The digital currency dropped to $16,400, its lowest level in the last three weeks. As year-end approaches, BTC could face high volatility and low liquidity.

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Bitfarms records positive adjusted EBITDA of $10 million for 2022 Q3

Bitfarms has ended the third quarter with about a 17% increase in profits. The final stages of Canadian expansion projects are due for completion by year-end. Bitfarms unveils Q3 reports As earlier promised, Bitfarms, a global Bitcoin self-mining company, has…

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MATIC, XRP, Solana, DOGE Ripe For November Boost As Bitcoin Bulls Eye $25,000 Breakout

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Bitcoin Miner CleanSpark Hikes 2022 Hashrate Guidance by 10%

The miner now sees year-end computing power at 5.5 exahash per second (EH/s)

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Finder’s Panel Predicts 11% Growth For Bitcoin By Year-End

Finder’s panel has always shared thoughts regarding bitcoin and where they see the price going over the next months, and even years to come. In the last year, there have been some bullish predictions from the panels, but as time has gone on, these experts have begun to adjust their predictions to fit the current market.

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Bitcoin Miner CleanSpark to Buy Mawson’s Georgia Mining Facility, Rigs for Up to $42.5M

The deal has potential to increase CleanSpark’s hashrate to 5.2 EH/s by the year-end, exceeding the company’s previous guidance.

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Sell-Side Analysts Trim Targets for Bitcoin Miner Argo Blockchain

Earlier this week, the bitcoin mining firm lowered its year-end growth projection from 5 EH/s to 3.2 EH/s.

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Bitcoin Miner Argo Cuts Year-End Hashrate View Citing Delayed Intel Mining Rigs

The company’s second-half revenue and adjusted EBITDA fell mainly due to the decline in bitcoin prices.

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Kraken CEO hopes to buy a Bugatti for 1 Bitcoin by year-end

San Francisco-based exchange company Kraken‘s CEO Jesse Powell recently told Bloomberg that he was still bullish on Bitcoin and hoped to buy one Bugatti for one Bitcoin by the end of 2022. The post Kraken CEO hopes to buy a Bugatti for 1 Bitcoin by year-end appeared first on CryptoSlate.

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Bitcoin Halving Model Suggests $24,000 Bottom Before Year’s End

Some analysts say that Bitcoin’s current price action aligns with the Bitcoin halving model, leading them to expect a $24000 bottom before year-end.   The topic of Bitcoin’s four-year halving cycle and its effects on BTC’s long-term price is one that has been highly debated within the crypto community.

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Crypto Experts Bet On Bitcoin Price To Peak At $81,000 This Year

As bullish as this sounds, it is a slightly lower estimate than the panel's previous opinion three months ago which predicted a $76,360 value for BTC by year-end. Their collective viewpoint has since then changed, owing to new circumstances and newer economic pointers.

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Marathon Digital to Move Mining Rigs From Coal-Powered Montana Site

The firm wants its bitcoin mining operations to be powered by renewable energy by year-end.

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BitMEX Founder Predicts ETH At $10k – Reveals Why He’s Ditching Bitcoin For Ether and Solana

Arthur Hayes, co-founder of crypto exchange BitMEX is predicting ETH will become a five-digit coin in USD terms before year-end.

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Kevin O’Leary Reveals What Will Drive Bitcoin To $300,000

Bitcoin price predictions abound through bull and bear markets. In recent times, there have been numerous optimistic price outlooks for the digital asset, with some putting it as high as $200,000 by year-end.

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Bitcoin Bull Tom Lee Still Sees $200,000 By Year-End, But Highlights Risks To The Price Target

Despite missing the mark with his exuberant $100,000 bitcoin price forecast in 2021, Fundstrat Global Advisors co-founder Tom Lee expects BTC to surpass $200,000 by the end of 2022. Basically, he is doubling down on his ambitious projection for 2022, even though bitcoin’s high-water mark of $69,044 was set in November and the No. 1 […]

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Are you still betting on $100K for Bitcoin this year? So are these from the industry

We know that Bitcoin missed a much-awaited milestone of $100,000 at the end of 2021. However, only 5% of JP Morgan's clients still expect the token to reach that level by year-end. But, as per a recenThe post Are you still betting on $100K for Bitcoin this year? So are these from the industry appeared first on AMBCrypto.

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Wall Street still not convinced on Bitcoin $100K this year: JPMorgan survey

JPMorgan Chase calls for calm in the crypto market. In a recent client survey, just 5% believe Bitcoin will have hit $100,000 by year-end.

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Bitcoin And Ethereum Solid Bases Set Them Up For $100,000 And $5,000 Targets Before Year-End — Bloomberg Analysis

Bitcoin and Ethereum’s date with the $100,000 and $5,000 price levels respectively is still well on the course according to Bloomberg’s Mike McGlone. According to a recent report by the senior commodity strategist at the media powerhouse, Bitcoin and Ethereum are poised to rally later in the year despite the year starting on a slightly […]

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A recap of 2021 tells us this about Bitcoin’s price trajectory 

The king coin’s six-day recovery of around 10% during the festive season, was met with over 8% losses over the last three days. As Bitcoin traded at $46,750 at the time of writing, a high year-end cThe post A recap of 2021 tells us this about Bitcoin’s price trajectory  appeared first on AMBCrypto.

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Bitcoin and Ether Dump More Going Into Year-End, ETH Killers Showing Great Momentum

Just before the end of the year, the crypto market continues to take a beating. After the initial green start of the last week of 2021, prices have only been going down. This rout further extended to late Wednesday and early Thursday when Bitcoin price dipped further just under $45,900 and Ether to about $3,585.

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Bitcoin Now Awaits The ‘First Week of the Year Effect’ After Lack of ‘Santa Claus’ Rally

The market is struggling to turn bullish as price takes a dip ahead of massive year-end options expiry on Friday, with the “max pain” point at $48k. The post Bitcoin Now Awaits The ‘First Week of the Year Effect’ After Lack of ‘Santa Claus’ Rally first appeared on BitcoinExchangeGuide.

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SEC Rejects Another Spot Bitcoin ETF, Binance Announces New System to Remove BNB from Circulation

Ahead of the winter season holidays, the crypto market is struggling to maintain its gains. While many are expecting the liquidity thin weekend to send crypto prices higher into the year-end, for now, the market is stuck.

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Bitcoin: Assessing the odds of a year-end breakout

On 16 November, Bitcoin dropped by almost 13%. On 3 December, it declined by close to 25% yet again. The panic surrounding BTC’s corrections and its subsequent consolidation gave way to various narrThe post Bitcoin: Assessing the odds of a year-end breakout appeared first on AMBCrypto.

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Time for A Santa Claus Rally? Dovish-Leaning Fed Sends Bitcoin, Crypto, and Stocks Higher

Given that the market was less prepared for a dovish Fed, we could see a surprise sharp move higher and then a short-squeeze into the year-end or early January. The post Time for A Santa Claus Rally? Dovish-Leaning Fed Sends Bitcoin, Crypto, and Stocks Higher first appeared on BitcoinExchangeGuide.

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Can analysts maintain '$100,000 in 2021' prediction for Bitcoin, after weekend slump

Bitcoin is back up above the $50,000 level after a recent slump over the weekend. Could the steep correction be a possible roadblock in its $100k year-end price prediction? Current cycle peak BalletThe post Can analysts maintain '$100,000 in 2021' prediction for Bitcoin, after weekend slump appeared first on AMBCrypto.

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“It’s All About ETH,” As It Outperforms Due to “Overwhelming Institutionalization” of Bitcoin

CME will launch Micro Futures of Ether today, the only crypto which is “not stretched to the downside” on technical metrics as legacy institutions take profits heading into year-end. The post “It’s All About ETH,” As It Outperforms Due to “Overwhelming Institutionalization” of Bitcoin first appeared on BitcoinExchangeGuide.

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Terra (LUNA) Dominates Q4, Surges Nearly 80% Against Bitcoin — Here’s What To Keep An Eye Out For

LUNA takes over Q4, becomes one of the best performers. Year-end predictions remain extremely bullish. Market pundits insist to keep an eye out for market pushback. Altcoins are beginning to enjoy stability.

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What will happen if Bitcoin goes to $150k in the near future

There is enough conversation about Bitcoin being in a "supercycle" doing the rounds in crypto circles. Therefore, despite the recent steep correction, analysts see those gaps closing by year-end.

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Bitcoin Bouncing Back: Pompliano On Why $100k BTC Is Nigh

Despite Bitcoin being accosted by a long list of headwinds that threaten to delay its ascent towards a new all-time high, Anthony Pompliano has once again restated his early prediction for the cryptocurrency reaching $100,000 before year-end.

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Brace For A Bear Market or Risk Seeking into Year-End? Bitcoin and Ether Recover from Weekend Sell-Off

The crypto market seems to be back on the move as Bitcoin climbed above $58,300, and Ether went on to hit $4,380 on Monday. The total market cap has also risen past $2. 7 trillion after we dropped to $2.

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Okcoin exchange predicts increased Bitcoin volatility by year-end

Bitcoin (BTC/USD) has greatly evolved over the years. In its early years, the coin raised a lot of doubt because it was still a new concept, but by 2021, it had gained immense adoption, and it has even been accepted as legal tender.

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