Bitcoin

The post Can Decreased Miners’ Selling Pressure Curb Further Bitcoin Price Decline Ahead? appeared first on Coinpedia Fintech News Bitcoin (BTC) price has continued to consolidate around $61k in the past four days, amid heightened fear of further crypto capitulation. The flagship coin has seen its daily Relative Strength Index (RSI) hover around the oversold level in the past week, thus signaling a possible BTC price rebound. However, the heightened demand for the altcoin market fueled by the upcoming listing…

The appeal of coin pumps to astute crypto investors is obvious: they provide a chance for token values to skyrocket, leading to substantial returns. Speculative zeal, however, is frequently the driving force behind the inherent risks associated with these pumps. You must research if you want to find projects with genuine growth potential. In the spotlight are three contenders garnering attention: Cosmic Kittens (CKIT), an innovative crypto gaming platform; Jupiter (JUP), ONDO (ONDO), and Litecoin (LTC). Each offers different opportunities…

Cryptocurrency market experienced a brief shake-off, after the Bitcoin sell-off saw its price dip below the $60,000 mark due to speculative rumors surrounding Mt. Gox refund to its creditors. However, there is no slowing down as investors turn towards other promising cryptocurrencies. One standout is Angry Pepe Fork (APORK), emerging as a formidable challenger to Notcoin (NOT) in the meme coin arena. Known for its scarcity model and innovative “conquer-to-earn” incentive model, APORK is gaining traction as the top altcoin…

The post Cosmic Kittens (CKIT) Is Set to Explode but Will Bitcoin (BTC) Continue Its Bull Ride?  appeared first on Coinpedia Fintech News Dive into the cosmos with Cosmic Kittens (CKIT), where gaming meets the stars. Meanwhile, amidst the excitement, the question looms: can Bitcoin (BTC) sustain its bullish trajectory? This article dives into why Cosmic Kittens (CKIT) could explode and the secret to Bitcoin’s (BTC) rise.  Cosmic Kittens (CKIT): Gaming Beyond the Stars Projected to witness exponential growth, the…

The post Investors Consider Bitcoin A Hedge Against Geopolitical Uncertainty: BlackRock appeared first on Coinpedia Fintech News Head of Thematic and Active ETFs at BlackRock Jay Jacobs said that Bitcoin, with only one-tenth of the size of the gold market, has high volatility and behaves differently than bonds and stocks. Many investors look at it as a potential hedge against geopolitical and monetary risks. Blakcrock’s promotion of Bitcoin and its IBIT ETF comes at a time when the inflows of…

The post Bitcoin Price Reacts to Biden-Trump Debate; Altcoins Drift Into Green Zone appeared first on Coinpedia Fintech News President Joe Biden and former President Donald Trump had a heated face off at their first 2024 presidential debate today. From deep discussions on abortion policies to tackling inflation and addressing global conflicts in Ukraine and Gaza, the debate took a sharp turn when both sides hurled nasty accusations. Absence of Cryptocurrency Discussions Bitcoin has surged more than one percent and…

In a recent filing with the US Securities and Exchange Commission (SEC), the BlackRock Global Allocation Fund disclosed its ownership of 43,000 shares of the asset manager’s Bitcoin ETF, iShares Bitcoin Trust, as of April 30.  This announcement follows two previous filings by BlackRock on May 28, which disclosed the fund’s exposure to Bitcoin in its Strategic Global Bond Fund and Strategic Income Opportunities Portfolio. BlackRock Bitcoin ETF Investment Plan The investment giant’s move towards Bitcoin integration became evident in…

Despite a recent uplift in Bitcoin market price, which saw the crypto momentarily breach the $62,000 mark, the widespread consensus among crypto analysts suggests that this increase is temporary and that the bearish pressure is far from over. Particularly, prominent crypto analyst Willy Woo voiced earlier that the minor surge was primarily a “technical” response to oversold conditions and did not indicate underlying market strengths. Bitcoin Bears Are Still In Control Diving into Woo’s analysis shared on Elon Musk’s X…

Bitcoin price is consolidating above the $60,550 support zone. BTC could avoid more downsides if it manages to recover above the $62,400 resistance. Bitcoin is still struggling to recover above the $62,200 and $62,400 levels. The price is trading above $61,500 and the 100 hourly Simple moving average. There was a break above a major bearish trend line with resistance at $61,250 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair might start another decline…