Bitcoin

On-chain data shows the Bitcoin transfer volume of retail investors has seen a sharp decline recently, a sign that this group may be losing interest. Bitcoin Volume For Retail-Sized Transactions Has Plunged Recently As explained by CrypoQuant author Axel Adler Jr in a new post on X, the total BTC transfer volume for transactions valued between $1,000 and $10,000 has gone down recently. The “transfer volume” here refers to the total amount of Bitcoin (in USD) that addresses on the…

The post Expert Analyst Forecasts Bitcoin Impulse Move To $100,000, The Timeline Will Shock You appeared first on Coinpedia Fintech News In a dramatic turn of events, Bitcoin (BTC) is poised to hit a monumental $100,000 within the next 30 days, according to a leading cryptocurrency analyst. This shocking prediction has sent waves through the financial community. Yet, amidst this Bitcoin (BTC) frenzy, ETFSwap (ETFS), another prominent player, is capturing investor attention at an unprecedented rate. With its presale tokens…

The post Bitcoin Braces for Impact! Mt. Gox Payouts Threaten July Sell-Off appeared first on Coinpedia Fintech News Bitcoin (BTC) has hit a roadblock in its bullish journey of 2024, facing setbacks fueled by reversing flows into spot BTC ETFs. The recent trend suggests a bearish trend as over 140,000 Bitcoins are set to flood the market, amplifying the ongoing sell-off concerns triggered by the Mt. Gox antiquated Bitcoin sell-off. Here’s the story. Market Jitters One of the looming shadows…

Bitcoin is struggling to shake off weakness, judging by its performance in the last few trading days. After the dump on June 24, the overall sentiment has been bearish, and sellers will likely double down, wiping gains posted in the last two days. As things stand, the sale of 4,000 BTC by the United States government is a dent for buyers. It comes hours after the German government dumped thousands of BTC early this week, forcing prices to lower. Bitcoin…

The Bitcoin price is in a decline once more, after seeing some recovery on Wednesday due to the turnaround in the Spot Bitcoin ETFs net flows. However, just one day later, it seems the pioneer cryptocurrency has resumed the downtrend and this decline after the recovery has begun a worrying trend. So, what are the factors that are driving this decline? Bitcoin Price Suffers From Sell-Offs One of the major factors that have been behind the Bitcoin decline is the…

Amidst waves of concern surrounding the sale of Bitcoin by the US and German governments, industry experts have come forward to dispel fears, suggesting that these moves could be bullish for the market. Yesterday, the Bitcoin sector experienced heightened volatility following actions by two major governments. The German Federal Criminal Police (BKA) continued with its sales of Bitcoin, reducing its holdings from 50,000 BTC to 45,264 BTC. Concurrently, the US government transferred 4,000 BTC to Coinbase, likely aiming for liquidation,…

A mysterious Bitcoin donor has stepped in to pay the debt accrued by Julian Assange in private airline bills following his release after over a decade of legal troubles and imprisonment.  Forced To Take Private Jet After being forced to take private jets following his release, a mysterious Bitcoin donor stepped in to take care of Assange’s transportation costs.  Julian Assange, co-founder of WikiLeaks, has regained freedom from a Belmarsh prison in the UK after nearly 12 years of legal…

Bitcoin (BTC) has finally broken its 7-day negative streak, which happens as the crypto market begins to show signs of recovery. At the same time, the meme coin market is experiencing a shift, with market experts backing the new Angry Pepe Fork (APORK) to be the top gainer over one of the meme coin titans, Floki (FLOKI). Spot Bitcoin (BTC) ETFs End Outflows, Market Looks Optimistic United States-based spot Bitcoin exchange-traded funds (ETFs) finally experienced a reversal with net inflows of…

Donald Trump has demonstrated his support for this emerging asset class by accepting campaign contributions in various cryptocurrencies. Bernstein analysts predict crypto could become the primary “Trump Trade” in the current election cycle as Republican prospects improve. Former President Trump’s stance on ending the perceived “war on crypto” has resonated with those dissatisfied with current regulatory policies. He has demonstrated his support for this emerging asset class by accepting campaign contributions in various cryptocurrencies. Contrary to the Biden administration, Trump’s…