Bitcoin

The post Crypto Exchanges Face $9B Lawsuit Over Bitcoin SV Delisting appeared first on Coinpedia Fintech News The Competition Appeal Tribunal is hearing a high-stakes legal challenge brought by BSV Claims Ltd against several major cryptocurrency exchanges, including Binance, Kraken, and ShapeShift. The 2019 delisting of Bitcoin SV (BSV) allegedly deprived Bitcoin SV investors of significant growth opportunities. BSV demands a staggering $9 billion in compensation for BSV holders. However, the defendants argue that BSV investors had ample opportunity to…

The post The Inflow Of Bitcoin ETF Sees A Significant Surge, Surpasses 250K! appeared first on Coinpedia Fintech News The inflow of spot Bitcoin ETF has recorded a new high of above 253.7K with a jump of 6.9K within the past day. Moreover, it has recorded a jump of 21K in BTCs inflow this week alone. The surge in Bitcoin ETF inflows lately, highlights the increasing adoption of the cross-border payment system. Further, the growing interest in crypto investment vehicles…

The post Michael Saylor Opens up About Losing Six Billion Dollars, Says He Stayed Positive When Bitcoin Dropped to $16K appeared first on Coinpedia Fintech News The CEO of software maker MicroStrategy lost a baffling $6 billion in 2000. Taking a trip down memory lane, when asked about losing six billion dollars in a single day, Saylor explained that the experience was highly stressful and unpleasant. He said the impact on shareholders, employees, and their families, noting that the crash…

The post Robert Kiyosaki Predicts Bitcoin (BTC) Price to Hit $350K by August 2024 appeared first on Coinpedia Fintech News Bitcoin’s price surged past $71,000, driven by $886 million inflows into U.S. spot Bitcoin ETFs and weak U.S. economic data suggesting potential Federal Reserve rate cuts. Analysts hint at the possibility of new highs this week, especially if weak U.S. economic data continues to support the case for rate cuts. Adding to the excitement, Robert Kiyosaki, the renowned author and…

Bitcoin price started a decent increase above the $70,500 resistance. BTC is showing positive signs and might gain bullish momentum above the $72,000 resistance in the near term. Bitcoin extended its increase above the $70,000 and $70,500 resistance levels. The price is trading above $70,000 and the 100 hourly Simple moving average. There is a key bullish trend line forming with support at $70,600 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair could gain…

Bitcoin’s price has risen roughly 2% in the past 24 hours, trending above $70,000, a psychological level. As bulls prepare for more gains, Willy Woo, an on-chain analyst, believes the coin could soar even higher after breaking above the all-important resistance level at $72,000. Will Bitcoin Soar To $75,000 Due To A Short Squeeze? Even after the spike on May 20 lifted the coin above $66,000 after days of lower lows, taking Bitcoin to $56,500, bulls didn’t follow through. As…

The Tom Demark (TD) Sequential has given a sell signal for Bitcoin after the asset broke past the $71,000 level in the past day. Bitcoin TD Sequential Is Giving A Sell Signal Right Now As explained by analyst Ali Martinez in a new post on X, a TD Sequential signal has appeared in the 1-hour price of Bitcoin. The “TD Sequential” refers to an indicator in technical analysis (TA) that’s generally used for locating probable points of reversal in any…

Bybit allows Chinese users to register, reversing its strict ban, reflecting a shift in its operational policy. Bybit’s move to allow Chinese users raises internal concerns about potential regulatory repercussions and compliance challenges. Bybit, the world’s third-largest offshore cryptocurrency exchange, has recently allowed users in China to register and authenticate on its platform. This decision marks a shift from Bybit’s long-standing policy of prohibiting Chinese users, reflecting a cautious approach by its management team. Despite the previous restrictions, data suggests…

As Bitcoin teeters close to its previous peak, discussions about its next big price targets have reignited. Among the voices contributing to this conversation is Samson Mow, the CEO of Jan3 and a prominent Bitcoin advocate. Recently, on X (formerly Twitter), Mow expressed his belief in Bitcoin’s imminent rise to $100,000, a milestone he sees as a stepping stone toward an eventual value of $1 million. His forecast is based on events triggered by breaking past the all-time high of…