Bitcoin

The post Bitcoin Price Prediction: No Confirmation of Bearish Reversal; Price Eyes $60k with 3% Gains appeared first on Coinpedia Fintech News According to analyst Josh of Crypto World, Bitcoin is currently experiencing a bullish divergence while the one indicator is crashing, which points towards imminent liquidations—but this time to the upside. However, he said that the German government is running out of Bitcoin, currently holding less than 4,000 BTC worth a little over $200 million. Given their recent selling…

Bitcoin has managed to record some price gains in the last week following a brutal market sell-off at the start of July which saw the crypto market leader lose 10% of its price on July 5.  At the moment, analysts continue to roll out observations and predictions that suggest that Bitcoin may soon pull off a market rebound and perhaps eventually embark on a highly-expected bull run. Bitcoin’s ‘Rare’ Underperformance Hints At Possible Bullish Rebound  In an X post on…

The German government has intensified its Bitcoin sales as 84% of the 50,000 BTC seized from a movie piracy website in 2013 has been liquidated.  Crypto analyst lauds the Bitcoin market for the ability to hold its price at just around $60k despite the ongoing selling pressure led by the German government and the Mt. Gox repayment.  The German government has commenced an operation to liquidate hundreds of millions of dollars worth of Bitcoin (BTC) seized from movie piracy website operators,…

JPMorgan analysts predict a potential bottom for the current market correction, expecting Bitcoin and altcoins to bounce back strongly in August. The upcoming launch of spot Ethereum ETF could prove to be a major catalyst to trigger the altcoin market rally going ahead. Along with the strong selling pressure in Bitcoin, altcoins too have been facing the brunt in this broader market correction. However, banking giant JPMorgan believes that the bottom could be potentially in as we could be heading…

The post Why Bitcoin and Ethereum Investors are Flocking to Furrever Token: Use Code FINALFURR200 for Huge Bonuses! appeared first on Coinpedia Fintech News As the crypto market sees big changes, Bitcoin and Ethereum lead the pack, grabbing global investors’ interest. Germany recently finished selling off its Bitcoin stash, a major move in the market. Meanwhile, Ethereum’s potential ETF launch has sparked excitement, adding to these digital assets’ appeal. Amidst all this, Furrever Token has caught the eye of Bitcoin…

The German government has now sold all of its Bitcoin holdings - going from nearly 50,000 BTC to zero in a very short amount of time. Bitcoin has absorbed the impact and is continuing its recovery. The $BTC price is now at $58,700. It’s all gone! According to Arkham Intelligence, the German government sent 49,860 BTC to exchanges ($2.9 billion) and sold them over a 3-week period. After sending off its final tranche of Bitcoin, the government wallet received the…

In what is being hailed as a significant victory for the Bitcoin market, the German government has officially depleted its Bitcoin reserves after holding 50,000 BTC in its wallet just months ago. Bitcoin Wallet Now Empty After Massive Selling Spree Data from market intelligence firm Arkham shows that the German government recently transferred the remainder of its 3,846.05 BTC stash worth approximately $223 million to Flow Traders and 139Po, likely for over-the-counter (OTC) services.  As a result, Arkham’s platform reveals…

Although Bitcoin recent price plunge has sent several Altcoins on a free fall, with declines ranging from 30% to 70%, there appears to be a beacon of hope set to shine through the murk. The recent Bitcoin Halving in April is what the altcoin market needs to recover and surge beyond its highest levels. Bitcoin Halving: A Gateway to Altcoin Prosperity? Bitcoin usually undergoes a Halving every four years, and this major event halves the block reward for miners in…

The post Bitcoin ETF Records Inflow Of Over $1 Billion This Week, $310 Million Within Past Day! appeared first on Coinpedia Fintech News Reportedly, BitcoinETF has recorded an inflow of +310 Million, the highest single-day inflow over the past 25 trading days. With this, the total inflow this week has crossed the $1 Billion mark. Notably, BlackRock’s “IBIT” led the leaderboard with a $120 Million inflow, followed by Fidelity’s “FBTC” with $115 Million. Positively, Grayscale’s “GBTC” has recorded an inflow…