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news-imageSeptember 12, 2022

Bitcoin and Ethereum Consolidate, GLM Surges, NEAR and SOL Rally

Bitcoin price gained pace and settled above the USD 22,000 resistance. BTC is currently (11:00 UTC) consolidating gains above USD 22,000. A clear move above USD 22,500 might start another increase in the near term.
Publisher: Cryptonews
Sentiment: Positive
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BitMEX Founder Arthur Hayes Unveils Massive Price Targets for Bitcoin (BTC) and Dogecoin (DOGE)

BitMEX founder and crypto veteran Arthur Hayes is laying out bullish outlooks for Bitcoin (BTC), Dogecoin (DOGE) and the broader digital asset market cycle. In a new discussion on the Alpha Only podcast, Hayes says traditional finance (TradFi) firms could be what triggers froth and a subsequent collapse in crypto valuations.

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cover-imageCoinPedia
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South Korea Rejects Bitcoin Reserve Plans for Now

If you've been following Bitcoin's rise, South Korea's latest move might surprise you. While the US plans bold steps with Bitcoin, it is holding back. The Financial Services Commission (FSC) has ruled out creating a national Bitcoin reserve. Their reason? It's all about caution, investor safety, and keeping things stable.

Positive
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Did MicroStrategy Buy Bitcoin Over the Weekend? Rumors Point to a Major BTC Accumulation!

Michael Saylor's MicroStrategy is at it again, with rumors swirling about a potential Bitcoin buying spree over the weekend. Analysts speculate the company might acquire up to 100,000 BTC, aligning with the QQQ index rebalancing on Black Friday. Crypto enthusiasts are anticipating a major announcement on Monday, which could send ripples through the market.

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