Bitcoin

Jeremy Gardner’s net worth doubled in five days due to Bitcoin’s rapid value surge. Gardner founded the Blockchain Education Network to support student cryptocurrency enthusiasts globally. A South African safari changed Jeremy Gardner’s life profoundly. Gardner, who had flown out to AfrikaBurn, a local Burning Man event, immediately checked his Twitter feed after getting mobile service again. That which he saw stunned him: His assets had doubled in value in only five days as Bitcoin shot beyond $2,500. Gardner told…

As the presidential election nears, industry leaders are closely observing how the candidates, Joe Biden and Donald Trump, may impact Bitcoin and the broader crypto market. The stakes are heightened by their upcoming historic debate on CNN, which could significantly set the stage for what comes next. SEC’s Regulatory Agenda Ripple CEO Brad Garlinghouse has criticized SEC Chairman Gary Gensler’s aggressive stance on crypto regulation. He argues that Gensler’s failure to address issues like FTX and Binance undermines his credibility.…

Congressman Matt Gaetz proposes a bill to allow federal income tax payments using Bitcoin, aiming to foster innovation and efficiency. The bill directs the Treasury to establish a framework for accepting Bitcoin and convert it to dollars immediately after transactions. Republican Congressman Matt Gaetz is introducing a bill that would allow American citizens to pay federal income taxes using Bitcoin. This legislative move aims to foster innovation and enhance efficiency within the U.S. financial system. Gaetz’s proposed legislation seeks to…

The German government sold 900 BTC worth over $54 million on June 25. The government’s Bitcoin wallet still holds over $2.8 billion worth of BTC, which could exert significant selling pressure. The current instability in the crypto market has triggered a surge in transactions as both whales and investors reshuffle assets to navigate the downward momentum. This activity has revived long-dormant wallets and attracted attention from large-scale portfolio holders, including the German government. German Government Shuffles Bitcoin A crypto wallet…

The post Bitcoin Inflows Paint Rosy Picture Amid Price Targets Of $56,000 and $58,000 appeared first on Coinpedia Fintech News Is Bitcoin bottoming out after the latest dump, or is the price going to continue its short-term bearish trend as this signal indicates? Analyst Josh of Crypto World  examined various BTC charts and said that there hasn’t been much change in the last day.  Examining the daily Bitcoin chart, he said that the price is continuing a short-term bounce from…

The post Bitcoin Price Prediction : Historical Data Hints BTC Price To See Double Gains in July appeared first on Coinpedia Fintech News The cryptocurrency industry, led by Bitcoin (BTC), has registered heightened selling pressure in the past few weeks. Although most of the altcoins have experienced a relief rebound in the past few days, further crypto market correction could be registered ahead if the buyers do not regain control. Bitcoin Whales’ Activity on the Rise The German government has…

On-chain data shows Bitcoin is trading near a level that has historically acted as the boundary for the ‘euphoria’ phase of the market. Bitcoin Is Not Far From This Long-Term Holder Cost Basis Level According to the latest weekly report from Glassnode, BTC’s recent consolidation has been near the historical boundary between the ‘equilibrium’ and ‘euphoria’ phases of the bull market. The level in question multiplies the Realized Price for the long-term holders. The Realized Price here refers to an…

In a recent surge of online discussion, renowned crypto analyst and entrepreneur Willy Woo has made headlines with his optimistic prediction for Bitcoin’s future on Elon Musk’s social media platform, X. Woo suggests that Bitcoin, already gaining traction among traditional financial circles as an emerging asset class, could see exponential growth. He argued that if Bitcoin continues to be perceived at the scale of major asset classes, traditionally valued in the tens of trillions of dollars, it could potentially increase…

Bitcoin price failed to recover above the $62,500 resistance zone. BTC is showing bearish signs and might decline again below the $60,000 support. Bitcoin struggled to recover above the $62,200 and $62,500 levels. The price is trading below $62,000 and the 100 hourly Simple moving average. There is a major bearish trend line forming with resistance at $61,850 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair might start another decline unless there is a…