Bitcoin

Bitcoin whales have continued to show their resilience and unwavering bullishness on the flagship crypto. This category of investors has accumulated a significant amount of the crypto token in the last seven days amid heightened volatility in Bitcoin’s price.  Bitcoin Whales Accumulate $1.4 Worth Of BTC Data from the market intelligence platform IntoTheBlock shows that Bitcoin addresses holding between 1,000 and 10,000 BTC have combined to accumulate 20,000 BTC ($1.4 billion) over the past seven days. This accumulation coincides with…

Algorand Foundation’s new ad criticized Bitcoin, Ethereum, and Solana for their efficiency. The ad received mixed reactions from the crypto community and sparked a conversation about the art of advertising crypto products. Algorand, The Only One “Delivering” Algorand’s latest ad has sparked controversy for “dissing” three networks. Titled “When Blockchain Meets The Real World, Only One Can Deliver,” the ad features a classic grocery store checkout line format. The video shows three customers trying to pay for groceries with crypto:…

The post First Bitcoin ETF, Now Ethereum ETF, Whose Next SOL, XRP? appeared first on Coinpedia Fintech News On January 11, the U.S. Securities and Exchange Commission (SEC) approved the first Spot Bitcoin ETF. Four months later, the SEC approved another spot ETF, this time for Ethereum. This highlights the SEC’s evolving stance toward crypto adoption. Meanwhile, Crypto analysts at Standard Chartered weighed in on the potential ETF launch for other altcoins. Solana & XRP ETFs On The Line With…

Bitcoin has dropped from its weekly high of $71,980, recorded on May 21, to as low as $67,000, raising concerns amongst crypto investors. However, crypto analyst Jelle has suggested that there is no need to be worried about the flagship crypto’s price action.  Why Investors Shouldn’t Be Worried About The Bitcoin Price Jelle noted in an X (formerly Twitter) post that Bitcoin is still following a “similar path” to the 2017 bull run. He claimed that once the crypto token…

Bitcoin, the pioneer of cryptocurrencies, has experienced a remarkable surge this year. The cryptocurrency has maintained a strong uptrend, bolstered by growing institutional adoption, increased interest from retail investors, and a favourable macroeconomic environment. The current price of $70,259.89 signifies a robust market confidence in Bitcoin's potential as a store of value and a hedge against inflation. However, while Bitcoin remains a strong investment, analysts searching for higher returns, ranging from 1000% to 5000%, are turning their attention to two…

In a remarkable turn of events, the crypto market has witnessed a big leap in the past week. Bitcoin which was originally below $65k has suddenly surged past $70k. In a similar vein, Ethereum is one of the top 5 cryptocurrencies that has seen significant price increases in recent times. Other top cryptos that have recently joined the bullish train are Solana, KangaMoon, and Avalanche with each of these tokens witnessing a complete bulls dominance. Analysts project that this swift…

The post ETH ETF May Spark Altseason; Bitcoin Dominance In Risk appeared first on Coinpedia Fintech News Bitcoin and Ethereum were down 3.5% on May 24 giving a quiet reaction to the much-awaited approval of Ethereum ETFs. Ether has dropped 4% since the approval while it had risen 20% over a week ahead of its odds of getting approved. Analysts discuss that while 19b-4 got approved, approval on the S1 documents will still take time and might go until mid-June.…

The Securities and Exchange Commission (SEC) approved all the Spot Ethereum ETFs on Thursday, yet Bitcoin, and the crypto market as a whole, took another hit in price. Bitcoin is down nearly 2% on Friday so far. Ethereum ETF approval a damp squib for $BTC price Such a landmark event as a fairly unexpected approval of all the Spot Ethereum ETFs by the SEC on Thursday might have been the spark that ignited the crypto market into the next phase…

The post Why Bitcoin ETF Developments Set Bitbot Up for Serious Gains appeared first on Coinpedia Fintech News The SEC’s approval of Bitcoin ETFs has paved the way for mainstream crypto adoption, and investors are now turning their sights to innovative platforms like Bitbot.  Positioned at the forefront of these trends, with its advanced AI trading features and groundbreaking security, Bitbot is poised to leverage this upswing to deliver remarkable gains. Already in week 18 of its presale with $3.5m…