Bitcoin

The post Bitcoin (BTC) Hints at Short-Term Bounce, Ethereum DeFi On Brink of Major Surge appeared first on Coinpedia Fintech News The live crypto market thrives on duality, and at press time, Bitcoin (BTC) is hinting at a potential short-term bounce after a terrible start to Q3. Technical indicators suggest a period of consolidation might be nearing its end, with a possibility of a price increase in the short term. However, the spotlight is shifting towards a different corner of…

The post Crypto Watch: Bitcoin Nears $60K, XRP Hovers at $0.46, and Furrever Token About to Launch! appeared first on Coinpedia Fintech News As the crypto market shows signs of recovery, Bitcoin edges closer to the $60K mark, reflecting renewed investor confidence. Meanwhile, XRP remains steady around $0.46, facing resistance but showing potential for a breakout. Amidst these developments, Furrever Token stands out with its unique charm, offering up to 15X returns. With its presale nearing completion, Furrever Token invites…

A crypto analyst has predicted that Bitcoin (BTC) will surge to $100,000 in a few years. At the same time, he has expressed skepticism about the potential for altcoins to embark on a similar bullish trajectory to new highs.   Bitcoin Anticipated To Hit $100,000 In an X (formerly Twitter) post on June 8, a crypto analyst identified as ‘DonAlt,’ disclosed that he was more pessimistic on altcoins than Bitcoin, the world’s largest cryptocurrency. DonAlt believes that Bitcoin could witness a…

Binance continues to defend its heft as the largest crypto trading platform by trading volume metrics globally. As the exchange turns seven, reports indicate that its Bitcoin (BTC) holdings continue to grow. Centralized exchanges such as Binance and Coinbase facilitate the buying, selling, and trading of cryptocurrencies, acting as intermediaries between buyers and sellers. Binance’s Bitcoin Exchange Reserve Soars 10% CryptoQuant founder and CEO Ki Young Ju reports that Binance Exchange’s Bitcoin holdings have increased by 10% since early 2024.…

James Saye’s £500 Bitcoin investment in 2017 grew fivefold, funding a memorable Iceland vacation. Diverse success stories show Bitcoin’s potential for significant life-changing financial gains. Technology consultant James Saye was at a fork in the road in 2017. With all the talk about Bitcoin and its ability to completely change the financial industry, he made the decision to take a chance. James shared many others’ concerns about making investments in a relatively new and erratic digital currency. He put £500…

The post German Government Moves $520M in Bitcoin to Exchanges, More Sell-Off Ahead? appeared first on Coinpedia Fintech News The German government wallet has recently moved overall 8853.5 BTC, worth nearly $520.17 million, to multiple crypto exchanges. Despite this large transfer, Bitcoin’s price remained steady at around $58,500, reflecting a 2% increase in the last 24 hours.  Meanwhile, these transactions to multiple exchanges have raised fears in the crypto space, indicating that more sell-offs may be coming soon. Massive Bitcoin…

The post Bitcoin Slumps, but These Under-the-Radar Cryptos Are Set to Break Records appeared first on Coinpedia Fintech News The crypto market is unusually quiet, hinting at the calm before the storm. Predictions of an impending bull run have eyes fixed on Bitcoin, yet its recent slump has left many questioning its dominance. Amidst this lull, a few lesser-known altcoins are quietly poised for unprecedented growth. These under-the-radar cryptocurrencies remain at low prices, but experts suggest they are ready to…

The post Early July Bulls Waver: Bitcoin Drops Below $60k, Altcoins Face Negative Funding appeared first on Coinpedia Fintech News Bitcoin is now facing major technical challenges after a crucial support level flipped into resistance. This raises concerns about whether this downward deviation indicates a potential end to the bull market or is just a temporary setback before continuation. From a technical standpoint, Miles Deutscher talked about Bitcoin’s struggle to reclaim key support levels, like the $59,000 and $64,500 thresholds,…

The post Bitcoin Transaction Fees Plummet to Four-Year Lows Amidst Miner’s Continue Selling appeared first on Coinpedia Fintech News Bitcoin transaction fees have reached their lowest point in four years, with the average cost per transaction dropping to $38.69 on July 7. Despite the reduced fees, Bitcoin miners continue to see profits thanks to decreased network difficulty and lower computational power requirements. Lowest Fees Since 2020 On July 7, the cost of Bitcoin transactions dropped to $38.69, a level not…