Bitcoin

The post Massive Inflows In US Spot Bitcoin ETF Before Ethereum ETF Starts Trading appeared first on Coinpedia Fintech News On July 22, the crypto market saw a notable $533.57M net inflow, the highest since June 4th. This boosts the cumulative total net inflow to $17.59B. Total net assets now stand at $62.14B, equating to 4.63% of Bitcoin’s market cap. Key fund movements included IBIT adding $526M, FBTC increasing by $23.72M, and VanEck’s HODL fund decreasing by $38.37M.

As Bitcoin approaches a decade and a half years of flawless service, it becomes increasingly difficult not to accept its technical stability. Though it may be a technical accomplishment, this strength made Bitcoin different from many centralized systems, which can suffer outages and downtimes. Just last week, the global IT outage sparked by CrowdStrike revealed again how vulnerable centralized financial systems can be across sectors. On the contrary, Bitcoin has long functioned unabated and displayed extreme financial strength during growth…

Crypto analyst RLinda has made a bullish case for Bitcoin, suggesting that the flagship crypto could soon hit a new all-time high (ATH). She also provided reasons why Bitcoin could rise to as high as $90,000.  Why Bitcoin Could Rise To As High As $90,000 RLinda mentioned in a post on TradingView that fundamental and technical preconditions support further price growth for Bitcoin, which could send its price to as high as $90,000. On the Fundamental side, she noted that…

Bitcoin price remained below the $68,500 resistance zone. BTC is consolidating its gains and might aim for a fresh upward move in the near term. Bitcoin started a consolidation phase below the $68,500 resistance zone. The price is trading above $66,800 and the 100 hourly Simple moving average. There is a key bullish trend line forming with support at $62,200 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair might extend gains and trade above…

Not all cryptocurrencies tend to move with one another. However, Internet Computer (ICP) has been tied up with Bitcoin (BTC) for some time. Will the altcoin eventually chart its own path? This on-chain analysis proves that investors may not want to place bets on that in the short term. Internet Computer Is In Lockstep With Bitcoin According to data from Macroaxis, the 90-day correlation between ICP and BTC is 0.94. A correlation coefficient of 1 or close to it implies…

The recent Bitcoin (BTC) price dip has pushed the Fear & Greed Index to its lowest point since the crypto traded at $17,000 in early 2023. However, buyers are not phased as they are seeing major trading volume increases within the KangaMoon crypto, fueled by its unique and rich ecosystem. Today, we will go over its on-chart metrics to determine just how far it can rise in 2024 and beyond. Bitcoin Crypto’s Fear & Green Index Creates Fear but Price…

The post Can a Pro-Bitcoin Government Propel Bitcoin to $150,000? Examining Trump’s Pro-Crypto Position appeared first on Coinpedia Fintech News Russell Starr, Former CEO and Head of Capital Markets at DeFi Technologies, opened up about Bitcoin and the impact of elections on Bitcoin price. In an interview with David Lin, Russell discussed the movements in stock markets observed on the Monday following the attempted assassination of former President Donald Trump. He attributed the market shifts to several key factors. “The…

The post Bitcoin Whale Spends $16 Million Buying BTC And This Groundbreaking Ethereum Token appeared first on Coinpedia Fintech News Analysts cite that new buying pressure may be on the horizon for Bitcoin (BTC) as a prominent Bitcoin whale splashes nearly $16 million on this crypto. According to experts, this move will likely result in cash inflow for BTC and incredible surges. ETFSwap (ETFS) also caught the attention of this Bitcoin whale recently as its presale promises sweet returns for…

The crypto market is again all shades of green, with Bitcoin and altcoins enjoying significant rallies. Crypto analyst Capo of Crypto has provided further optimism, suggesting that these tokens will still make more massive moves to the upside. “The Best Is Yet To Come” For Bitcoin Capo of Crypto opined in an X (formerly Twitter) post that the “best is yet to come” for Bitcoin and altcoins. He noted that Bitcoin is pumping, having reclaimed the $60,000 range as support.…