Bitcoin

The post From Bitcoin to CoNET: Pioneering a Privacy-Centric, Reward-Driven Blockchain Network With Mining Open for Everyone appeared first on Coinpedia Fintech News In the electronic age, privacy is indispensable for an open society. Privacy is something someone doesn’t want to make public, unlike a secret, which is something someone doesn’t want anyone to know. Privacy is a form of power, that allows someone to decide what to make public and what to keep private. — “The Crypto Anarchist Manifesto”So…

The post Bitcoin Whales Accumulate $1.4 Billion BTC as US Congress Passes FIT21 Bill appeared first on Coinpedia Fintech News The notable cryptocurrency regulatory shift in the United States has triggered a fresh Bitcoin (BTC) bullish frenzy, largely benefiting the altcoin industry. Interestingly, several Congress members have urged US SEC Chair Gary Gensler and other commissioners to approve the spot Ethereum (ETH) ETFs on Thursday. Moreover, the US Congress almost unanimously passed the FIT21 bill that sheds clear crypto regulations…

The post Ethereum ETF Approved! What This Means for Bitcoin and Altcoins appeared first on Coinpedia Fintech News The recent approval of Ethereum ETFs marks a rather significant development within the cryptocurrency space that potentially changes the game, just like the approval of Bitcoin ETFs in the past.  As market watchers and investors try to make sense of these developments, insights from a popular crypto analyst known as ‘Virtual Bacon’ on social platform X offer a deep dive into the…

An analyst explained how Bitcoin’s availability for trading has quietly declined during the asset’s recent consolidation phase. Bitcoin May Be In A Good Position To Set New All-Time Highs In a new post on X, analyst Willy Woo discusses the recent trend in the Bitcoin inventory sitting on centralized exchange platforms. The chart below shows how the spot and paper BTC reserves have changed over the past few years. As the graph shows, the Bitcoin sitting in spot wallets has…

A crypto analyst has forecasted an “ultra bull scenario” for Bitcoin, highlighting key support levels and technical patterns that suggest a price rally above $80,000 in this market cycle.  Bitcoin Could See Upside Above $80,000 In a recent X (formerly Twitter) post, a crypto analyst identified as ‘CrediBullCrypto’ has doubled down on his previous prediction of an ultra-bull scenario for Bitcoin in the future. The analyst’s insights on Bitcoin’s recent activities suggest that the downside risk may be less significant…

Bitcoin price extended losses and traded below $68,800 support. BTC is now consolidating and facing hurdles near the $70,000 resistance zone. Bitcoin extended its decline below the $68,800 support zone. The price is trading below $69,000 and the 100 hourly Simple moving average. There is a key bearish trend line forming with resistance at $69,200 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair could continue to move done unless the bulls push it back…

Bitcoin is fast-dropping, looking at price action in the daily chart. Even after the impressive spike above $71,500 early this week, there needs to be a conclusive follow-through for optimistic bulls. Despite this correction, one analyst strongly believes Bitcoin will rally sharply, reaching $80,000 by the end of the month.   Will Bitcoin Hit $80,000 By End Of May? Taking to X, the analyst thinks HODLers, not speculators, will reap the maximum benefits from Bitcoin. Based on the trader’s assessment, not only will…

Buy XRP before institutional investment raises its value, advises financial analyst Linda Jones. James Jay compares the potential expansion of XRP to the post-institutional investment boom of Bitcoin. Before the expected wave of institutional purchases, Wall Street financial guru Linda Jones has recommended buying XRP. In expressing her opinions on X, Jones responded to a podcast in which James Jay tried to allay the annoyances of XRP holders. Jay underlined how institutional investors could enter XRP strategically and predicted that…

Data from a Bitcoin pricing model based on an on-chain indicator suggests that $77,600 may be the level where the asset will see its next peak. Bitcoin MVRV Pricing Bands Could Provide Hints About What’s Next In a new post on X, analyst Ali discussed what the Market Value to Realized Value (MVRV) Pricing Bands model could suggest about the cryptocurrency’s future. The MVRV ratio is a popular on-chain indicator that compares the Bitcoin market cap and realized cap. The…