Bitcoin

Cantor Fitzgerald announced plans to open a $2 billion Bitcoin financing initiative at the Bitcoin 2024 conference. The initiative will offer leverage and security for Bitcoin (BTC) holders.  Cantor Fitzgerald CEO Howard Lutnick announced the business, which will launch with $2 billion in initial financing.  Cantor Fitzgerald Makes Major Announcement According to a press release issued by Cantor Fitzgerald, the new business will provide BTC holders leverage. CEO Howard Lutnick stated at the Bitcoin 2024 conference,  “We are going to…

The post Elon Musk on BTC and DOGE: ‘Some Merit’ in Bitcoin, ‘Soft Spot’ for Dogecoin appeared first on Coinpedia Fintech News Elon Musk’s recent comments on Bitcoin (BTC) and Dogecoin (DOGE) may influence their price direction, given his past track record. Musk warned against scams using his likeness and clarified he won’t actively promote cryptos. Minotaurus (MTAUR) is noted for its strong potential, with successful audits and promising development in the gaming niche. In the past Elon Musk’s remarks…

With its recent performance, Bitcoin Cash (BCH) has been generating news and attracting the interest of both experts and investors for its obvious ascent. Reflecting a robust market performance, BCH jumped by around 14% in the last week. The Bitcoin fork has grown by 12% over the past 30 days, therefore transcending just short-term benefits. At $430 right now, and up 18% in the weekly frame, BCH has a market valuation of $8.60 billion and a 24-hour trading volume of…

Following Bitcoin’s 6.6% dip, after the US government moved $2 billion in $BTC, the price has since stabilised, hovering around the $66,000 level. Momentum indicators are resetting, and the next upward price surge could be about to begin. Nothing has really changed in the bullish case for Bitcoin’s next upward journey towards $100,000 and beyond. The US Spot Bitcoin ETFs did record a small 247 BTC outflow on Tuesday, but this is nothing compared to the $billions of inflow that…

The post Anthony Pompliano Predicts Bitcoin Will Be on U.S. Balance Sheet in the Next 10,15 Years appeared first on Coinpedia Fintech News Anthony Pompliano, CEO of Professional Capital, predicts that the United States will include Bitcoin in its balance sheet or strategic reserves in the next 10 to 15 years, but the key lies in how active the United States is. He pointed out that Bitcoin could serve as a strategic asset for the country. Pompliano also highlighted opportunities…

Bitcoin price extended losses and tested the $65,500 support zone. BTC is now consolidating and might aim for a fresh increase if it clears $66,500. Bitcoin tested the $65,500 level and is attempting a recovery wave. The price is trading below $68,000 and the 100 hourly Simple moving average. There is a connecting bearish trend line forming with resistance at $66,400 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair might start a fresh increase…

An analyst from the CryptoQuant QuickTake platform has now drawn attention to a particular trend tied to the Coinbase Premium Index (CPI) which currently suggests a grim move brewing for Bitcoin. This indicator, when placed with its Simple Moving Average over 14 days (SMA14), has often shown a significant correlation with Bitcoin’s selling pressure, shedding light on how crucial its impact is on the market. Bull or Bear: What the Coinbase Index Tells Us Before diving into what the Coinbase…

Regardless of both their maturity in the market, Bitcoin and Ethereum rivalry persists. According to recent insights from QCP Capital, a global digital asset trading firm and market maker, Ethereum appears to have now shown potential for larger price fluctuations compared to Bitcoin. QCP reveals that the volatility premium between these two major cryptocurrencies has seen a notable increase, with Ethereum leading in potential price swings. ETH to see Larger Price Swings than BTC Delving further into the insights shared, QCP…

Investors may be looking to altcoins as the crypto market enters an interesting phase. Over the last few weeks, the prices of these cryptos have shown a glimpse of consistently running upwards.  However, these cryptos have been unable to sustain the momentum. Moreover, the values of most of them dropped in the last 24 hours. But here’s why the decline is not destined to keep investors on the sidelines. Altcoins Struggle, But Indicators Offer Promise Two indicators that indicate whether…