Bitcoin

The Bitcoin halving event has historically been viewed as a bullish signal for the cryptocurrency market. Bitcoin miners saw their daily income drop by 50% after the recent halving, posing challenges amid reduced block rewards. The Bitcoin halving is one of the most important events in the cryptocurrency space. The highly anticipated halving happened on Friday, April 19, signifying a crucial stage for the digital currency and its environment. The halving event has historically been viewed as a bullish signal…

The Bitcoin price continues to fluctuate wildly after crashing from its all-time high price above $73,000. This has triggered a wave of bearish sentiment in the market, causing a large number of crypto traders to go short on the pioneer cryptocurrency. As a result, these bears lose, risking a large amount if the Bitcoin price resumes its bullish rally. Bears Will Lose $7.2 Billion If Bitcoin Reclaims All-Time High In a post shared on X (formerly Twitter), crypto analyst Ash…

An analyst has explained how Bitcoin is forming both a death cross and TD sell signal, which may lead to potential dips in these targets. Bitcoin Looking In Trouble As 12-Hour Chart Forms Two Bearish Signals In a new post on X, analyst Ali discussed two signals that have recently formed in Bitcoin’s 12-hour chart. The first of these is a “death cross,” which occurs when an asset’s short-term simple moving average (SMA) dips below its long-term SMA. Regarding the…

Well-known analyst CryptoYoddha foresees Polkadot (DOT) rising above its current price to new highs. Meanwhile, Bitcoin Cash (BCH) spiked 252% in the year-to-date (YTD) chart, positioning altcoin among the biggest gainers on the market. Against this backdrop, Rollblock(RBLK), a presale-stage project, has transcended the traditional online casino framework with an unparalleled online gambling experience. Crypto Analyst CryptoYoddha Polkadot Price Prediction Polkadot price on the year-to-date (YTD) chart has seen a marginal decline, dropping by 1%. However, crypto expert CryptoYoddha highlighted…

With the Bitcoin halving event complete, it is expected for the world’s largest cryptocurrency to see an even higher upswing in value, as the rewards are cut in half, leading to more scarcity. However, when BTC grows, so do many altcoins, and today, we will look at the cryptos poised to explode as a direct result. Based on the latest metrics, Solana (SOL), Chainlink (LINK), Fantom (FMT), Fetch.ai (FET) and KangaMoon (KANG) can experience the most substantial gains. To see…

Blockchain developers have come one step closer to launching rollups on Bitcoin, enabling “unlimited smart contract functionality” and scaling once foreign to the OG crypto network. On Friday, BitcoinOS published the whitepaper for “BitSNARK and Grail”, a system for bridging Bitcoin to layer 2 rollups and blockchains in a trust-minimized way. Rollups On Bitcoin: Is It Possible? The new rollup system is an outgrowth of BitVM – the Bitcoin-based computing paradigm discovered by Robin Linus last year. Among BitVM’s most…

The post Bitcoin Death Cross Warns of Potential Sell Event; BTC Price at Risk?! appeared first on Coinpedia Fintech News In the last day, the cryptocurrency market suffered a significant blow, shedding more than $110 billion in total value. The global cryptocurrency market cap took a nosedive by over 4%, plummeting from $2.47 trillion to $2.36 trillion. Bitcoin, the leading digital currency, saw its price drop below $64,000, hitting a low of $63,589. This downward spiral has been pinned on…

Chief economist and Bitcoin critic, Peter Schiff has issued a somber prediction regarding the world’s largest cryptocurrency, Bitcoin. The financial expert has cautioned investors of the potential repercussions should BTC drop below critical resistance levels. Economist Predicts Bitcoin Price Decline In a recent X (formerly Twitter) post, Schiff shared a price chart of Bitcoin against the United States Dollar (USD), pinpointing Bitcoin’s price at the time of the post at $63,814, alongside key support levels around $60,000. The economist has…

The US Securities and Exchange Commission (SEC) has delayed decisions regarding options trading on spot Bitcoin exchange-traded funds (ETFs) and is expected to deny the proposals for Ethereum ETFs. These decisions reflect the cautious approach of the regulatory body towards cryptocurrency products in the financial markets. SEC Might Delay Bitcoin and Ethereum ETFs The SEC has postponed its decision on the approval of options trading for spot Bitcoin ETFs. This delay, announced in a recent filing, calls for further public…