Bitcoin

  With the crypto world currently experiencing a lengthy bearish market, investors are searching for projects that have the potential to succeed. One such project has been identified as ETFSwap (ETFS), a leading crypto ETF trading platform.  Interestingly, the project’s viability and potential have caught the attention and piqued the curiosity of some Bitcoin (BTC) millionaires and Ethereum whales. This has resulted in them buying the emerging ETFSwap (ETFS) presale with the aim of making better returns.  Bitcoin Millionaires And…

The proposal distinguishes between decentralized crypto-assets and centrally issued ones like USD Coin, subject to specific regulations. The project establishes governance mechanisms and licenses for digital assets, reflecting international standards and FATF recommendations. The ONG Bitcoin Argentina is advocating for a legal framework that defines cryptocurrencies as digital assets, proposing regulations that facilitate operations within the industry. In response to regulatory changes this year, particularly under President Javier Milei’s administration, which introduced stricter controls, the ONG Bitcoin Argentina unveiled a…

The post Bitcoin Consolidation, Ethereum Set to Soar Post-ETF and Furrever Token’s Adorable Launch is Set – Use Code LAUNCHFURR for Bonuses! appeared first on Coinpedia Fintech News The cryptocurrency market is changing fast, with Bitcoin, Ethereum, and the new Furrever Token catching everyone’s eye. Bitcoin is consolidating now, Ethereum looks set to grow after getting ETF approval, and Furrever Token is shaking things up with its adorable kitty-themed approach. Keep reading for the latest updates and how you can…

The post Expert Analyzes Factors Behind Bitcoin Price Weakness and Predicts Positive Turnaround appeared first on Coinpedia Fintech News James Butterfill, the Head of Research at CoinShares recently joined analyst Scott Melkar to discuss the state of the cryptocurrency market. Butterfill explained that the accuracy of economic forecasts and how they align with actual data is crucial. Currently, most macroeconomic data is falling short of expectations, indicating that analysts have been overly optimistic. This suggests that the US macroeconomy is…

The post Bitcoin Falls to $60K As Mt Gox Repayment Looms appeared first on Coinpedia Fintech News Bitcoin fell to $60,000 during the European morning on Wednesday as it dropped 4% in the last 24 hours. This downturn also affected other major cryptocurrencies, with Ethereum, Solana, and Dogecoin each falling roughly 3%. The declines came after U.S. spot BTC ETFs snapped a five-day streak of inflows, recording $13 million of outflows on Tuesday. There are also concerns of further selling…

The post Bitcoin July Outlook: PlanB Finds No Abnormalities; 90% Holders In Profit appeared first on Coinpedia Fintech News PlanB, the creator of the widely used Stock-2-Flow (S2F) model has determined the market outlook for July, based on seven important charts. It is worth mentioning that PlanB is the same person who predicted Bitcoin might hit $100,000 this year.  First chart: The Stock-to-Flow Model  PlanB said that Bitcoin closed June slightly above $62,000. The market has been in a boring…

Crypto analyst Quinten François has provided an ultra-bullish narrative for the Bitcoin future trajectory. The analyst suggested that things are about to get interesting for the flagship crypto, predicting it could rise to as high as $4.5 million.  The “Fireworks” Are Just About To Begin For Bitcoin While highlighting the significance of Bitcoin’s fourth halving, Quinten claimed that the “fireworks” were just about to begin for Bitcoin. The crypto analyst remarked that BTC was currently at the bottom of the range…

The Bitcoin price has fallen to a low of $59,604 today, marking a 4% decrease. According to several renowned crypto analysts, this movement was largely driven by the phenomenon known as the CME gap, a concept critical in Bitcoin futures trading at the Chicago Mercantile Exchange (CME). Why Is Bitcoin Down Today? A “CME gap” is a term used to describe the price gap that emerges on the Bitcoin CME futures chart. Unlike Bitcoin’s spot markets that operate 24/7, the…

The post Why Did Bitcoin (BTC) Price Drop Below $60k? appeared first on Coinpedia Fintech News Bitcoin (BTC) price slipped over 4 percent on Wednesday to reach a daily low of about $59,712 during the early New York session. The sudden 3.3 percent crypto drawback to around $2.34 trillion caused over $140 million in forced long liquidations.  As the altcoin industry grapples with significant losses in the past 24 hours, more investors have sought refuge in the stablecoins market. According…