Bitcoin

After hitting an all-time high of $73,400 in March 2024, the Bitcoin price has since retraced, remaining below its all-time high for the last four months. Nevertheless, expectations remain high that the Bitcoin price will eventually recover and hit a new all-time high, with crypto analyst “Melikatrader94” on TradingView predicting another run to $77,600. Bitcoin Turns Bullish On The Charts In the analysis that was shared on the TradingView website, crypto analyst Melikeatrader94 revealed her thesis for why the Bitcoin…

Altcoins offer investors and traders an alternative to big cryptocurrencies within the market. Since the start of this week, these major cryptocurrencies like Bitcoin and Ethereum have continued to rocket upwards, pulling the majority of the market with them. Bitcoin Cash, a direct fork of Bitcoin, is seeing success after today’s 3% increase in total market cap. According to CoinGecko, the coin is up nearly 15%, making it the lead gainer of today’s market environment. Superb Market Conditions Spur Trader…

The post Satoshi-Era Bitcoin Holder Moves Entire BTC Holdings Worth $2.5M! appeared first on Coinpedia Fintech News A decade-old Bitcoin holder has transferred a large 37 BTC holdings worth over $2.5 million after 11 years. These sorts of events happen due to increased asset prices as traders often look to make quick profits. The transfer is debated along social media spaces as some are lauding the move based on the huge profit and long wait period of over a decade.…

The post After Declaring Bitcoin a Threat to Dollar, Trump Changes Course: Implications for Gary Gensler and SEC Oversight appeared first on Coinpedia Fintech News The current Republicans have set the stage for more Bitcoin- and crypto-friendly policies. This is evident in the positions taken by the Republican presidential candidate Donald Trump, who has endorsed pro-crypto stances at a recent event. W. Scott Stornetta, regarded as one of the co-founders of blockchain technology, joined David Lin for a conversation about…

The post Ethereum Foundation Transfers Its Entire TKO Token Holdings To Bitcoin Suisse  appeared first on Coinpedia Fintech News In a significant move, the Ethereum Foundation has transferred its entire holdings of TKO tokens to Bitcoin Suisse, a prominent institutional crypto service platform. The transaction involved 3.484 million TKO tokens, valued at approximately $9.16 million. This transfer comes just weeks after the Ethereum Foundation received these tokens from the Taiko mainnet on June 28. The transfer coincides with some market…

US Republican Presidential candidate Donald Trump made his much-anticipated appearance at the Bitcoin 2024 conference in Nashville on July 27. Trump made several promises to the crypto voters in attendance, including what he would do to the US government’s Bitcoin holdings if elected.  What Donald Trump Plans To With The US Bitcoin Holdings During the Bitcoin conference, Trump stated that if elected, his administration would implement a policy mandating the US government to keep “100%” of the Bitcoin it currently…

On Sunday, Bitcoin was able to hold and confirm above its bull flag with an incredible doji candle. Monday is seeing Bitcoin shooting upwards, with $71,000 in its sights. The all-time high at $73,800 should follow, before catapulting into price discovery, and the next major target of $100,000. Game theory  The world is finally waking up to Bitcoin. Presidential hopeful Donald Trump wants to make Bitcoin part of the US strategic reserve, China is looking at unbanning it, and at…

The post Crypto Market Overview: Bitcoin Reclaims $69K Mark, Ethereum Displays Increased Volatility! appeared first on Coinpedia Fintech News The cryptocurrency market has recorded a strong bullish recovery over the past weekend by adding over $50 Billion to its valuation, from $2.42 Trillion to $2.47 Trillion. Following this, the market leader, Bitcoin price has gained 3.47% within the past 24 hours with a trading volume of $21.323 Billion. Notably, Bitcoin’s dominance in the market has grown to 55.5%, the highest…

The post Bitcoin Approaching the Crucial Resistance at $70,000: Here’s What to Expect in the Next 48 Hours! appeared first on Coinpedia Fintech News No sooner than the former President of the US, Donald Trump, offered his support for Bitcoin at the Bitcoin Conference in Nashville, the traders appeared to have become extremely confident about the prospects. This elevated the BTC price close to $70,000, but bearish activity was initiated before marking the milestone. Although they appear to have been…