Bitcoin (BTC) has recently broken above its bearish trendline, showcasing strong bullish momentum in the market. This surge has sparked optimism among traders and investors regarding the potential for BTC to reach the $60,152 mark. With a current market capitalization exceeding $1.1 trillion and a trading volume of more than $24 billion, Bitcoin is currently
Bitcoin
The famous Canadian musician and actor, Drake, has once again found himself on the losing side of a substantial bet. This time, he lost $300,000 worth of Bitcoin after Canada was defeated by Argentina in the Copa America semi-final. This is not the first time Drake has suffered significant losses in the world of sports
A crypto analyst known as ‘DonAlt’ has made a bold prediction regarding the future of Bitcoin (BTC), stating that the cryptocurrency could potentially surge to $100,000 in the coming years. This optimistic outlook is based on the increasing inflows into Spot Bitcoin ETFs and the anticipation of an upcoming bull run in the crypto market.
The recent transaction by an Ethereum whale transferring $34.3 million worth of ETH to the crypto exchange Coinbase has caused panic among community members. This move suggests that the whale might be looking to offload their holdings, potentially impacting ETH’s price significantly. Typically, such large transfers indicate a plan to sell tokens, leading to concerns
The recent dip in Bitcoin’s price, attributed to factors like Mt. Gox repayments, has been a cause for concern among investors. The primary cryptocurrency experienced a significant correction, dropping by around 15% in the past 30 days. However, many analysts and industry participants view this as a temporary setback, with a potential for a price
Recently, the Bitcoin price experienced a significant drop below $60,000 due to rapid selling by major holders such as the German and US governments. This resulted in one of the largest drops seen for the pioneer cryptocurrency in the last two years, causing the market to lose billions of dollars. However, despite this downturn, the
The MiCA regulation has set in motion a shift towards compliant stablecoins in the cryptocurrency market. With the implementation of MiCA on June 30, market makers are now favoring regulated stablecoins over non-compliant alternatives. According to a report by French blockchain analytics firm Kaiko, non-compliant stablecoins currently make up 88% of the total stablecoin volume.
Bitcoin (BTC) recently experienced a significant drop in price, hitting its lowest level since February 26. Despite this, Bitfinex analysts have identified on-chain signals that suggest the leading cryptocurrency may be poised for a recovery. This article will delve into the details of these on-chain indicators and their implications for the future price movement of
The Republican Party has made headlines by including Bitcoin and cryptocurrency in their official platform for the 2024 election, marking a significant shift in their stance towards digital assets and blockchain technology. This move reflects the influence of former President Trump and signals a broader trend within the party towards embracing the potential of cryptocurrencies.
The Bitcoin price has seen a significant decrease of more than -22% since the mid-March high of over $73,000. While the current price of BTC is hovering around $57,000 after the recent crash, there is speculation that there could be further downside ahead if history repeats itself. Jacob Canfield, a trading mentor at Trading Mastery,