Bitcoin

Crypto analyst Onchained recently provided valuable insights into an important metric that can be used to gauge the future trajectory of Bitcoin. The analyst suggested there was no cause to worry at the moment but highlighted what to watch out for to know the right time to exit the market.  Bitcoin Short-Term Holders NUPL Turns Negative In a blog post, the analyst noted that the NUPL (Net Unrealized Profit/Loss) for Bitcoin’s short-term holders recently turned negative. The analyst added that…

As the price action of Bitcoin continues to attract crypto investors’ interest, Michael Van De Poppe, a well-known market analyst and trader in a bearish scenario has made a worrying prediction, warning the community of a potential drop in price for the crypto asset to the $52,000 level. Bitcoin Poised For A Possible Decline Michael Van De Poppe’s prognosis explores the factors that are driving the gloomy view of Bitcoin‘s price trajectory, in the midst of market turbulence and uncertainty.…

The question on everyone’s mind is whether Bitcoin can reach the impressive $70,000 mark in the coming months. While Bitcoin’s performance remains a focal point, the spotlight is also on new altcoin presales that are showing promising potential for massive gains. Among these, Dogeverse, Wiener AI, and Sealana are emerging as key players in the crypto market, each with unique selling points and exciting prospects. Bitcoin’s Trajectory Aiming for $70K Bitcoin, the pioneer cryptocurrency, has been a rollercoaster of value…

The cryptocurrency market is surging with new activities, as prominent cryptocurrencies like Bitcoin (BTC) and Cardano (ADA) and crypto projects like ETFSwap (ETFS) have hit major milestones.  With Bitcoin (BTC) hitting a historic transaction volume, Cardano seeing a new surge in whale activities, and ETFSwap (ETFS) presale achieving unprecedented success, the crypto landscape is in for a roller coaster of activities. Additional milestones are also anticipated, particularly from ETFSwap (ETFS), as the cryptocurrency market evolves further.  Bitcoin (BTC) Hits Historical…

The post Crypto Market Overview: ETH Price Reclaims $3K Mark As Bitcoin Achieves $63,000! appeared first on Coinpedia Fintech News The cryptocurrency market leader, BTC price, has reclaimed the $63,000 mark after witnessing a jump of 3.28% within the past day and a 24-hour trading volume of $25.429 Billion or 403,279 BTCs, a jump of +5.44% over the past day. Moreover, Bitcoin has a dominance of 53.3% with a market capitalization of $1.241 Trillion, whereas the leader of altcoins, Ethereum…

The post Harvest Global Eyes China Market with Spot Bitcoin and Ethereum ETFs on Stock Connect appeared first on Coinpedia Fintech News Han Tongli, the Chief Executive Officer of Harvest Global Investments, indicated that his firm might seek approval to list spot Bitcoin and Ethereum exchange-traded funds (ETFs) on the Stock Connect scheme. Their listing is expected to potentially give investors from mainland China direct access to these products in about two years.  During the Bitcoin Asia conference in Hong…

Bitcoin rallied to more than $63,000 on Thursday, bringing the altcoin market with it. However, a negative outflow day for US Bitcoin ETFs as well as those in Hong Kong, have put the dampers on this rally. Will bitcoin be able to continue its bounce? Lower highs and lower lows Bitcoin has been traversing sideways and downwards for ten weeks now. Each time there has been a rally, the $BTC price has surged up only to be defeated each time,…

In an interview with Pirate Wires, Jack Dorsey, CEO of Block Inc., unveiled his forecast for Bitcoin, envisioning its value surpassing $1 million by 2030. This bold assertion isn’t merely focused on the cryptocurrency’s price. Dorsey is captivated by the vibrant ecosystem that propels its growth. Why Jack Dorsey is Bullish on Bitcoin Dorsey believes that Bitcoin will eventually hit $1 million and go beyond. However, for him, the most amazing thing about Bitcoin is beyond its price. “The most…

The EU explores adding Bitcoin and cryptocurrency exposure to its €12 trillion investment market. Potential inclusion could surpass the market size of current Bitcoin ETFs and signal new all-time highs for BTC and ETH. The European Securities and Markets Authority (ESMA), the EU’s key financial regulator, recently issued a Call for Evidence to review the Undertakings for Collective Investment in Transferable Securities (UCITS) Eligible Assets Directive (EAD). The aim is to assess the risks and benefits associated with allowing UCITS…