Get the weekly summary of crypto market analysis, news, and forecasts! This Week’s Summary The crypto market ends the week at a total market capitalization of $2,17 trillion. Bitcoin continues to trade at around $62,300. Ethereum experiences no changes and stagnates at around $2,400. XRP is down by 2%, Solana by 1%, and Dogecoin by 3%. Almost all altcoins are trading in the red, with very few exceptions. The DeFi sector decreased the total value of protocols (TVL) to around…
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BitcoinBitcoin 2024 Conference: Pay $844,600 to Join Donald Trump’s Exclusive Roundtable
The post Bitcoin 2024 Conference: Pay $844,600 to Join Donald Trump’s Exclusive Roundtable appeared first on Coinpedia Fintech News After the assassination attempt, Donald Trump is making headlines with his upcoming fundraiser at the Bitcoin 2024 conference in Nashville, Tennessee. Scheduled for late July, this event offers exclusive opportunities to meet the Republican presidential candidate. A photo op costs $60,000, and a seat at a private roundtable costs $844,600. Trump’s move to attract Bitcoin’s top donors shows he’s aiming to…
11 months ago
Bitcoin Price Hints at Downside: Preparing for Potential Declines
Bitcoin price corrected gained from the $66,000 resistance level. BTC dipped below $64,000 and might extend losses in the short term. Bitcoin started a fresh downside correction from the $66,000 resistance zone. The price is trading below $64,500 and the 100 hourly Simple moving average. There was a break below a key bullish trend line with support at $64,500 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair might gain bearish momentum if it dives…
11 months ago
Bitcoin Forming A Signal That’s Usually “Very Bullish,” Analyst Says
An analyst has pointed out how Bitcoin is back above the cost basis of the short-term holders, a sign that can be bullish for the asset. Bitcoin Is Back Above The Realized Price Of Short-Term Holders As explained by CryptoQuant community manager Maartunn in a new post on X, BTC has reclaimed the Realized Price of the short-term holders. The “Realized Price” here refers to an indicator that, in short, keeps track of the average cost basis of the investors…
11 months ago
Bitcoin (BTC) Could Be On The Verge Of a 30% Gain, Here’s Why
Bitcoin seems on the verge of a massive breakout as it nears a crucial bull market trendline that broke in June last year. From a technical perspective, this development is an important step for Bitcoin to re-enter a price point that has traditionally opened the door to massive gains. Indicator of Market Recovery According to on-chain analytics firm CryptoQuant, the latest swing in Bitcoin price is attempting again to retest Short-Term Holder (STH) Realized Price — which serves as one…
11 months ago
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BitcoinTrump’s Secret Plan: Bitcoin as a Strategic Reserve? Here’s What You Should Know!
The post Trump’s Secret Plan: Bitcoin as a Strategic Reserve? Here’s What You Should Know! appeared first on Coinpedia Fintech News The US election time is bringing surprises daily for Crypto folks. The Bitcoin 2024 Conference in Nashville is just around the corner and rumors are swirling like never before. The former US President Donald Trump might just drop a bombshell that could change everything. The question here is , could he announce Bitcoin as a strategic reserve asset for…
11 months ago
Crypto Analyst Says Bitcoin Is Not Ready For $65,000 Retest, But Can It Reach $71,500?
Crypto analyst Rekt Capital has provided insights into the Bitcoin future trajectory. Based on his analysis, the flagship crypto might not yet be ready for its next leg up, which could see it climb back above $70,000. Bitcoin Not Yet Ready To Establish $65,000 As New Support Rekt Capital claimed in an X (formerly Twitter) post that Bitcoin is not quite ready just yet for a successful retest of the $65,000 level as new support. For the crypto to establish…
11 months ago
Billions Worth Of Bitcoin Pulled From Exchanges: Is BTC Preparing For $72,000?
Bitcoin is steady when writing, floating above immediate support levels and inches away from reclaiming the all-important local liquidation line at around $66,000. Even as the broader crypto community expects buyers to step in and push prices higher, there are exciting developments that buttress this outlook. Billions Worth Of BTC Pulled From Exchanges According to exchange data shared by one analyst on X, BTC holders increasingly pull their coins from exchanges. On July 5, when prices tanked, pushing the world’s…
11 months ago
Spot Bitcoin ETFs Go From Bearish To Bullish, Here Are The Figures
The post Spot Bitcoin ETFs Go From Bearish To Bullish, Here Are The Figures appeared first on Coinpedia Fintech News Crypto enthusiasts witnessed a dramatic turnaround in Spot Bitcoin ETFs in the past week amid $1 billion inflows. The bullish bounce reignites investor confidence as selling pressure wanes on Bitcoin (BTC). Amid this trend, ETFSwap (ETFS) has been an exceptional project and continues to rise amid its presale rally. The new platform presents a unique profit opportunity for investors looking…
11 months ago
Satoshi Era Bitcoin Whale on The Move as Ripple and Ethereum Altcoins Rise, What’s Going On?
The post Satoshi Era Bitcoin Whale on The Move as Ripple and Ethereum Altcoins Rise, What’s Going On? appeared first on Coinpedia Fintech News A Satoshi-era Bitcoin whale recently made waves by transferring 1,000 BTC worth $60 million after nearly 12 years of dormancy. The movement has sparked market speculation, with Bitcoin (BTC), Ripple (XRP), and Ethereum altcoins experiencing significant price swings. Huge crypto movements often lead to heightened market volatility and wild market swings. In the meantime, a new…
11 months ago