Bitcoin

The German government has sold all of its Bitcoin (BTC) in just two weeks. The reason for the substantial Bitcoin dump was unveiled in a recent statement by the Saxony Central Office for the Protection and Realization of Virtual Currencies. Why Germany Sold All Its Bitcoin In a blog post published on July 16, the Saxon Central Office and Frankfurt Bankhaus Scheich Wertpapierspezialist AG, a German securities trading bank, announced that they had successfully completed the sale of approximately 49,858…

The Government in Germany completed the sale of its remaining Bitcoin (BTC) holdings, which resulted in the sale of 3,846 BTC, valued at $62,604 per coin. This indicates that altcoins to BTC could be the next big thing, and Angry Pepe Fork (APORK), Ripple (XRP), APtos (APT) and Mog Coin (MOG) are the best options. To see why this is the case, we will analyze each cryptocurrency in-depth. Looking at Bitcoin and Its Future-Proof Alternatives for Diversification We will now…

The post Michael Saylor Delivers A Powerful Bitcoin Message in German appeared first on Coinpedia Fintech News Michael Saylor has recently delivered a Bitcoin-focused message to the cryptocurrency community. Saylor’s statement, delivered in German, translates to ‘It is not an emergency until you run out of Bitcoin’. Saylor’s message in German comes as the German government appears to have finished its Bitcoin sales. In a press release dated July 16, the German government formally admitted selling 49,858 bitcoins tied to…

In a forecast shared via a YouTube video, Joe Burnett, Senior Product Marketing Manager at Unchained Capital, articulates a strong case for Bitcoin reaching a valuation of $750,000. According to Burnett, the market may be substantially underestimating Bitcoin’s potential this cycle, often losing sight of its broader context within the global financial ecosystem. Why Bitcoin Could Soar To $750,000 Burnett begins by addressing a common oversight in market analysis, which typically juxtaposes Bitcoin’s current cycle against historical performances without accounting…

In spite of plenty of FUD in the cryptocurrency market, the price of Bitcoin (BTC) is continuing to rally. A weekly stochastic RSI cross up could be confirmed next week, leading to increased momentum that can push Bitcoin to new highs. Many are still calling this a relief rally, and are expecting Bitcoin to eventually turn back down - likely leading to the entry into Bitcoin’s next bear market. Brandt says no bull flag Famed trader Peter Brandt has said…

The post The Bitcoin ETF Records A Positive Inflow For The 9th Consecutive Day! appeared first on Coinpedia Fintech News With a net inflow of $53 Million, the Bitcoin ETF has remained positive for the 9th consecutive day. Notably, Blackrock’s “IBIT” has received an inflow of over $100 Million for the 4th straight day, followed by Fidelity’s “FBTC” with an inflow of $2.8 Million. However, Grayscale’s “GBTC” has recorded a massive outflow of $53.9 Million after recording two neutral days.

The post Cryptocurrency Market Loses $50 Billion As Bitcoin Price Fails To Reclaim $67K! appeared first on Coinpedia Fintech News Over the past 24 hours, the Crypto market has recorded a correction of 1.77% or approximately $50 Billion in valuation and is currently valued at $2.36 Trillion. Moreover, the market leader, Bitcoin price has dropped 1.93% with a trading volume of $30.784 Billion and a 24-hour low of $63,896.09. Following in the footsteps, of BTC price, the altcoin leader, ETH…

The post Bitcoin Price Prediction: Final Resistance Levels Revealed, New ATHs Above $74k Confirmed appeared first on Coinpedia Fintech News Bitcoin is currently retesting a crucial area on the chart after a dramatic shift that wiped out billions of dollars in short positions. According to analyst Josh of Crypto World, this development coincides with a major bullish signal that continues to flash on Bitcoin’s chart. Recent price action shows a breakout above the resistance at $64.2K-$64.9K, which is now being…

The post Top 3 Altcoins That Every Bitcoin Billionaire Holds In Their Wallet appeared first on Coinpedia Fintech News Bitcoin billionaires are known for their savvy investment strategies and well-diversified portfolios. While holding Bitcoin (BTC) remains their primary investment, many also own other top altcoins in their wallets, such as Stacks (STX), ETFSwap (ETFS), and Ethereum (ETH), offering wealth generation opportunities.  ETFSwap (ETFS): Tokenized ETFs Magnets Bitcoin Billionaire  Topping the list of altcoins Bitcoin billionaires are holding in their wallets…