Bitcoin

Bitcoin price extended gains above the $68,000 resistance level. BTC bulls seem to be in action, and they might aim for a move toward the $70,000 level. Bitcoin started a fresh increase above the $66,500 resistance zone. The price is trading above $66,500 and the 100 hourly Simple moving average. There is a connecting bullish trend line forming with support at $66,500 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair might extend gains and…

The post Top Bitcoin Trader That Predicted the Solana Top Expects RCO Finance to Surge 1,204% in 55 Days appeared first on Coinpedia Fintech News As Bitcoin and Solana continue to dominate the cryptocurrency spotlight, a renowned Bitcoin trader has stirred excitement with a bold prediction of a significant surge for RCO Finance. This trader, known for accurately forecasting the peaks of various cryptocurrencies, now anticipates a staggering 1,204% increase in RCO Finance (RCOF) within just 55 days. This has…

Market analyst and Bitcoin (BTC) maxi Fred Kreuger has revealed five top reasons investors should purchase the premier cryptocurrency. In a video post on X on Saturday, Kreuger described Bitcoin as a favorable short-term and mid-term investment, backing the asset to remain profitable over the next 12 months.  The price of Bitcoin has recently returned above $67,000 following a 0.58% increase in the last day. This slight gain allows the crypto market leader to maintain its positive performance over the…

According to data from CoinMarketCap, the price of Bitcoin returned above $67,000  with a 1.19% gain in the last 24 hours. Bitcoin appears to have found some stability in this region amidst multiple projections of further price gain. Interestingly, popular crypto analyst with X handle Rekt Capital has unveiled a particular scenario in which Bitcoin might actually build on its current positive performance. Bitcoin Enters New Range-Bound Market – Rekt Capital In an X post on July 20,  Rekt Capital…

In recent developments in the Bitcoin space, LayerEdge has launched HMDA’s testnet, a pioneering protocol that enables secure and verifiable timestamping on Bitcoin. This advancement promises enhanced security and efficiency across rollups & PoS-based chains, positioning Bitcoin as the source of truth. Introducing LayerEdge’s HMDA Protocol LayerEdge’s Hybrid Modular Data Availability (HMDA) protocol has been unveiled as a key innovation in the Bitcoin space. Engineered to seamlessly integrate with leading frameworks and Data Availability (DA) layers, HMDA solidifies Bitcoin’s role…

Prominent asset manager Grayscale Investments is set to launch spinoffs of their Grayscale Ethereum Trust’s (ETHE) and Grayscale Bitcoin Trust (GBTC) exchange-traded funds (ETF). Following inquiries by market spectators and potential investors, Bloomberg analyst James Seyffart has provided much insight into the nature and operation of these spinoffs. Grayscale ETF Spinoff Based On 90-10% Sharing Format, Seyffart Says On Friday, James Seyffart published a thread on social media platform X, discussing vital information about Grayscale’s ETF spin-offs Grayscale Ethereum Mini…

The price of Bitcoin has been on a tear over the past seven days, returning between the $61,000 and $67,000 zone where it spent most of the second quarter. This positive run of form comes despite the FUD (fear, uncertainty, and doubt) due to speculations about Mt. Gox’s customer repayment. Interestingly, recent trading data have led QCP Capital, a prominent trading data, to suggest that Bitcoin might only be warming up for an even bigger price rally. According to the…

The post Bitcoin Now In French Pension Plans! appeared first on Coinpedia Fintech News VanEck has partnered with Inter Invest to introduce Bitcoin to French pension savings plans through an innovative Exchange Traded Note (ETN). This groundbreaking collaboration marks the first time French pension investors can gain exposure to digital assets in a regulated and secure manner. The product, the $407 million VanEck Bitcoin ETN (VBTC), provides a new way to include Bitcoin in retirement portfolios, offering transparency, security, and…

The post Top Bitcoin Trader Peter Brandt Says Extremely Likely for the BTC Price to Hit $71K, What This Means For Altcoins appeared first on Coinpedia Fintech News Top Bitcoin trader Peter Brandt recently revealed his BTC chart analysis, predicting that the number one cryptocurrency could soon hit $71,000. Since the Bitcoin price fluctuations largely drive the altcoin market, another crypto rally could ensue if Brandt’s prediction holds.  In light of this, RCO Finance expected to capitalize on the impending…