Bitcoin

Alongside Nomic, the Cosmos Osmosis DAO ecosystem is looking to implement a fee-free Bitcoin Bridge. This bridge affords users the room to move assets across different DeFi applications. The Cosmos ecosystem is about to get a major boost for Bitcoin (BTC) following a recent vote by the Osmosis Decentralized Autonomous Organization (DAO). According to reports, the community approved a proposal to implement a fee-free Bitcoin bridge through a revenue-sharing agreement with Nomic. Streamlining BTC Movement Across DeFi Ecosystems Traditionally, moving…

The post Bitcoin Appears Indecisive As Price Refuses to Climb Beyond $64,500; Here’s How Altcoins Are Reacting appeared first on Coinpedia Fintech News Bitcoin’s price trend has left many on edge. Despite recent gains, the price has slipped below $65,000. Analyst Miles Deutscher said that Bitcoin remains just above the critical $64k level on the weekly chart, indicating potential danger. The analyst also touched how the current altcoin market weakness relative to Bitcoin is a major concern. He explained that…

A crypto analyst has disclosed reasons why the price of Bitcoin could witness more declines to $52,000 lows. According to the analyst, Bitcoin has broken key support levels, which indicates a potential shift from a bullish to a bearish position.  Analyst Projects Bitcoin Crash To $52,000 In a post on X (formerly Twitter) on June 21, crypto analyst, Justin Bennett predicted that Bitcoin could witness a price crash to key ranges between $52,000 and $54,000. He shared a price chart…

Stefan Thomas has just two more tries before his lost password locks him out of his 200 million euro Bitcoin windfall. Thomas argues for routine backups and, based on his experiences, doubts the viability of handling one’s own digital money. German-born programmer Stefan Thomas lives in the center of San Francisco, among the technological bustle that characterizes the city. His background seems more like a warning story from a future novel than it does from actual life. The situation he…

The post Hashdex’s Combined Bitcoin And Spot Ethereum ETFs Filing Boosts These 3 Altcoins  appeared first on Coinpedia Fintech News The recent filing by Hashdex for a combined Bitcoin (BTC) and Spot Ethereum ETFs has sent ripples through the cryptocurrency market, providing a significant boost to ETFSwap (ETFS), Ondo Finance (ONDO), and Worldcoin (WLD). Among these altcoins, ETFSwap (ETFS) has emerged on top, leveraging its innovative platform and comprehensive DeFi solutions to capitalize on this market momentum.  ETFSwap (ETFS) Takes…

The post With Bitcoin Stuck at 12% Below Its ATH, What Are the Chances of It Reaching 15% Above It in 2024? appeared first on Coinpedia Fintech News The Bitcoin price began the monthly trade on a bearish note as it failed to surpass one of the important resistance levels at $71,800. After a 12% drop from the monthly highs, market participants remain uncertain about the next price action. Moreover, the analyst believes the price is on its way to…

The post Trump Campaign Refunds Excessive Bitcoin Donation from Winklevoss Twins appeared first on Coinpedia Fintech News Co-founders of the Gemini crypto exchange, Tyler and Cameron Winklevoss, recently made headlines by pledging $2 million in Bitcoin donations ($1 million each) to Donald Trump’s presidential campaign. However, this significant contribution exceeded federal legal limits. Each twin’s donation, amounting to 15.47 BTC, surpassed the individual campaign contribution cap of $844,600. As a result, the Trump campaign had to refund the excess to…

Spot Bitcoin Exchange Traded Funds (ETFs) recorded a 5-day consecutive outflow after amassing $4 billion in 19 days.  According to analysts, institutional investors are expected to get involved to push the Bitcoin price to $200,000 by 2025.  The US-based spot Bitcoin (BTC) Exchange-Traded Funds (ETFs) extended its streak of outflows to five days ending Thursday (June 20) after losing more than $900 million this week. According to SoSoValue’s data, the 11 spot Bitcoin ETFs witnessed a staggering loss of $140…

The post Bitcoin Price Forms A Significant Supply Barrier, Risking A Significant Correction! appeared first on Coinpedia Fintech News As per the latest on-chain reports, around 5.45 Million addresses have acquired 3.03 Million BTCs between the range of $70,800 and $64,300 forming a huge supply barrier in this market. This further risks the possibility of a sharp correction in the Bitcoin price in the coming time. Theoretically, if the BTC price continues to drop, these holders could sell their holds…