Bitcoin

After a drab week characterized by Bitcoin, Ethereum, and Solana prices either dumping or moving sideways, prices bounced off strongly by the end of last week. Of note, losses in Ethereum were arrested as prices recovered, rising from around $3,000. At the same time, Bitcoin and Solana pushed higher, closing in on $70,000 and $200, respectively. Interest In Bitcoin, Ethereum, And Solana Spikes According to Santiment data, despite weakness across the scene, there were hints of strength at the tail…

The CEO and founder of the on-chain analytics firm CryptoQuant has explained how this Bitcoin bull cycle could probably last till mid-2025. Profit-Taking From Old Bitcoin Whales Lasted For 18 Months In Previous Cycles In a new post on X, CryptoQuant founder and CEO Ki Young Ju has discussed about a pattern that old whales have followed in terms of profit-taking during the past cycles. “Old whales take profits during bull markets,” notes Young Ju. “Their selling brings new capital…

Singapore, Asia, July 29th, 2024, Chainwire Elastos BeL2 will partner with StarkWare to integrate Starknet ZKPs and Cairo programming language with BeL2 for Native Bitcoin DeFi appsStarknet integration enables BeL2 to deliver smart contracts and dapps without moving Bitcoin assets off the mainnet Starknet Grant validates strength of BeL2 innovation and leadership in the Native Bitcoin ecosystem  Elastos BeL2 (Bitcoin Elastos Layer2) has secured a $25,000 grant from Starknet, a technology leader in zero-knowledge proofs (ZKP). This significant endorsement highlights the…

Cryptocurrencies continue to show promising trends, with bullish momentum evident across various assets. XRP, Solana (SOL), TRON (TRX), Cardano (ADA), and Uniswap (UNI) are all experiencing dynamic price movements, with bulls striving to push prices higher. This detailed analysis explores their current trading ranges, support and resistance levels, and potential future gains, highlighting the optimism and opportunities within the market. XRP (XRP) XRP is trading between $0.58 and $0.63, showcasing a strong battle with bulls making notable advances. Over the…

The post BRN Analyst: Bitcoin Miners Start Hoarding BTC for the Next Bull Run appeared first on Coinpedia Fintech News After a prolonged downturn, Bitcoin’s price has increased by 3% in the past 24 hours, trading at $69,625. The ongoing accumulation by miners and supportive external factors indicate a promising outlook for the largest digital asset by market cap. Is It the Start of a Bull Market?  Bitcoin miners may have initiated a new accumulation phase, according to BRN lead…

The post Bitcoin in Hong Kong’s Financial Strategy: A Game-Changer for Digital Finance appeared first on Coinpedia Fintech News Crypto has been trying to become a part of the mainstream for a very long time.  Many countries are including Bitcoin into their pension funds. BTC and ETH ETFs are now trading. All these events are attracting more and more countries to adopt crypto into their ecosystem. Hong Kong is planning to include Bitcoin into their financial reserve now. Some days…

The post Ethereum Foundation Moves $9.16M in TKO Tokens to Bitcoin Suisse, Is Taiko the Next Big Thing? appeared first on Coinpedia Fintech News Taiko (TAIKO) is a rapidly emerging cryptocurrency that has caught the eye of many investors. Ethereum Foundation has transferred its entire stash of TKO tokens to Bitcoin Suisse, a top-tier crypto service provider.  This transaction, valued at approximately $9.16 million, involves 3.484 million TKO tokens and follows a series of recent developments with the Taiko project.…

The post Bitcoin Bulls Eye $92k, Ethereum Struggles to Confirm Trend And Solana Targets $200 appeared first on Coinpedia Fintech News Bitcoin is currently showing a short-term bullish signal, with the price forming a new pattern that demands close attention. Simultaneously, Solana and Ethereum are encountering a critical area of resistance. Analyst Josh of Crypto World gave a detailed breakdown of the current trend and also revealed the price levels. Bitcoin Price Analysis: Bitcoin remains in a larger bull market…

The post If History Repeats, Could Bitcoin Face 1930s-Style Regulation? Should You Support Trump? appeared first on Coinpedia Fintech News Bitcoin has now gone 137 days without reaching a new all-time high and this comes after the Bitcoin Nashville conference over the weekend, where former President Donald Trump delivered a speech. According to analyst Jason Pizzino, this phase marks the peak of the cycle where everything appears to be going up, including Bitcoin, other cryptocurrencies, stock markets, and real estate.…