Bitcoin

Bitcoin’s price ascent continued in the past 24 hours, as the asset jumped above $67,000 where it was stopped and pushed back down. Most altcoins are also slightly in the red on a daily scale, aside from XRP, which has pumped by 3%. BTC’s Run Halted The cryptocurrency landscape was quite bearish last week as BTC was driven to under $60,000 on a few occasions. The last one was on Friday amid the escalating tension between Iran and Israel. However,…

[PRESS RELEASE – Vilnius, Lithuania, April 23rd, 2024] BTCC Exchange, a leading global cryptocurrency exchange, surprised visitors with its Renaissance-themed booth at Paris Blockchain Week. The event, which took place in the famous Carrousel du Louvre from April 9 to 11, attracted over 9,000 attendees from around the world, reaffirming its position as a pivotal annual summit in the blockchain industry. As one of the main sponsors of the event, BTCC Exchange hosted a booth that captivated visitors with its…

The post How to Earn $1,000 Worth of Bitcoin Using Cryptocurrency with Simpleminers Cloud Mining Platform appeared first on Coinpedia Fintech News On the 12th of last month, the price of Bitcoin hit a record high of $72,953. With Bitcoin halved this month, the price will hit a record high again in the future. Investors holding Bitcoin today will be more confident than before. After this round of price carnival, the confidence of Bitcoin investors has indeed been greatly improved.…

The post Bitcoin Accumulates Post-Halving: Here’s Why This is a Huge Bullish Signal appeared first on Coinpedia Fintech News Just a few days ago, at the block height of 840,000, Bitcoin underwent the 4th halving, which reduced the miner’s rewards from 6.25 BTC to 3.125 BTC. Soon after this, the price experienced a notable rise, resulting in a breakout from a consolidation zone below $62,000 to the current level of $67,000. This rise after the halving suggests growing trading activity…

Bitcoin price extended its increase and climbed above the $66,000 resistance zone. BTC is now showing positive signs and might find bids near $65,500. Bitcoin gained pace for a move above the $65,500 resistance zone. The price is trading above $65,500 and the 100 hourly Simple moving average. There is a key bullish trend line forming with support at $65,700 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair could correct lower, but the bulls…

A recent analysis paints a rosy picture of Bitcoin’s future, even with a conservative growth projection. Taking to X, Michael Sullivan predicts that the world’s most valuable coin could reach a staggering $245,000 within just five years if it maintains a mere 30% compound annual growth rate (CAGR).  Bitcoin Projections: From Conservative To Exponential Growth The analysis explores various growth possibilities for Bitcoin. Assuming the coin’s growth rate significantly contracts in the coming years, growing at just 30% CAGR, Sullivan projects the…

The latest inflow on April 22 was $19.7 million which means that BlackRock is now in the top ten of longest daily inflow streaks for all US exchange-traded funds. The 70-day milestone ties BlackRock’s IBIT fund with JETS, an ETF that combines shares in an index of airline industry companies. It has also achieved 70 straight days of inflows, as Bloomberg ETF analyst Eric Balchunas observed yesterday. $IBIT inflow streak currently at 69 DAYS. one more day and it moves…

Shiba Inu’s top executive believes the crypto market is on track for a super cycle akin to the prior post halving bullish sentiments. Shiba Inu price is aiming to retest its all-time high in the coming weeks after last month’s bullish breakout from a macro bearish trend. The total cryptocurrency market cap has been bleeding in the past few days ahead of the much anticipated fourth Bitcoin halving. Bitcoin (BTC) and Ethereum (ETH) prices have dropped about 3 percent in…

On Friday, the BlackRock Bitcoin spot ETF (IBIT) hit 69 days of continuous inflows, coinciding with the infamous ‘4/20,’ and there was no shortage of memes on the two. If it records inflows today, IBIT will burst into the top ten ETFs for the longest inflow streak at 70 days, with the record held by JPMorgan Equity Premium Income ETF (JEPI) at 160 days. The crypto industry had to wait over a decade to land its first spot ETF, and…