Altcoin News Official TheBitTimes.com

Bitcoin hit an all-time high of $99,645 on November 22, 2024, and fell short of breaching the $100,000 milestone. Traders were glued to their screens to watch BTC climb above the $100,000 mark, but the leading cryptocurrency went backward. It is now hovering around the $95,500 level in the charts and is sending mixed reactions on Tuesday. Also Read: Shiba Inu: How Many SHIB Tokens You Need To Make $1 Million? While some investors believe that Bitcoin will go beyond $100,000 in 2024, others claim that a crash is brewing. The development signifies the market as a whole as trading constitutes two sides of the same coin. Robert Kiyosaki, financial analyst and author of the best-selling book ‘Rich Dad Poor Dad’ has warned that BTC will come crashing down to $60,000. Also Read: Ripple (XRP) & Dogecoin (DOGE) Price Prediction For Mid-December 2024 Bitcoin Will Crash to $60,000: ‘Don’t Panic But Buy the Dips on BTC’ He Urged Investors Source: Watcher Guru Kiyosaki ...

The official government website for the US Securities and Exchange Commission (SEC) went offline late Thursday evening. Reports of the outage reached X (formerly Twitter) as early as 10:24 pm New York time. The site remained offline hours later. Prior to the website outage, bitcoin was trading around $71,200. While the website was offline , bitcoin crash ed below $66,800 on Bitstamp. That 6.5% decline wiped out over $80 billion in market capitalization within two hours . To be clear, although the price crash correlated curiously with the SEC website outage, the exact causes of bitcoin’s dramatic decline are indeterminate. The SEC is the world’s most powerful securities regulator with jurisdiction over trillions of dollars in publicly traded securities. Its commissioners have Congressionally authorized oversight over quadrillions of dollars worth of securities transactions annually and its website provides official statements and filings relating to corporate disclosures, enforc...

Euro Pacific Capital CEO Peter Schiff warns of a market crash as spot Bitcoin ETF front-runners are getting ready for imminent approval. The approval of a spot Bitcoin (BTC) exchange-traded fund (ETF) is likely to result in a market “ crash ” as speculators will dump their positions once the ETF is approved. At least, this is how Euro Pacific Capital CEO Peter Schiff sees things to unfold further. In an X post on Nov. 9, Schiff attributed Bitcoin’s recent price surge to “speculators” who “continue to front run” a spot Bitcoin ETF. Yet, the rally might be short-lived given that speculators will immediately dump their ETF positions once the U.S. Securities and Exchange Commission (SEC) gives the green light to the ETF, Schiff believes. #Bitcoin is approaching $38K as speculators continue to front run a new #BitcoinETF. However, once that ETF is launched all of the speculators will have already bought. So when those buyers sell to take pro...