Bitcoin

The post Is Bitcoin Primed for a Big Move? Coinbase Premium Hints at a Possible Breakout appeared first on Coinpedia Fintech News Bitcoin has recently seen a 2.28% rise, climbing from a local low of $55,629 to $58,401. This recovery follows a sharp decline to $52,732, raising questions about whether Bitcoin will experience a sustained rally or face another dip. The situation is becoming more intriguing as data from the Coinbase Premium suggests that a major price move could be…

The post Bitcoin ETFs Rebound with $39M Inflow, Ethereum ETFs See $20M Outflow appeared first on Coinpedia Fintech News On September 12th, the US spot Bitcoin and Ethereum ETFs delivered polarizing results. Bitcoin Spot ETFs recorded a positive net flow of $39M, reflecting a minor recovery run after a long streak of outflows. However, no ETFs could surpass the barrier of $20M in inflows. In contrast, Ethereum ETFs faced a second consecutive day of losses. The biggest altcoin ETFs had…

The post Robert Kiyosaki’s Take on Bitcoin: A Game Changer for America’s $35 Trillion Debt? appeared first on Coinpedia Fintech News As the United States 2024 general election approaches, the crypto issue is becoming more relevant despite not emerging in the recent debate between Donald Trump and Kamala Harris. Furthermore, institutional investors—led by spot BTC ETFs and publicly traded companies such as MicroStrategy—are using Bitcoin strategy in their respective balance sheets to solve their debt issues. State of the US…

Crypto analyst Titan of Crypto has highlighted a bullish indicator on the Bitcoin chart. The analyst also revealed what happened the last time this pattern formed, suggesting that the leading crypto could enjoy a significant price rally soon enough.  Golden Cross Forms On The Bitcoin Chart Titan of Crypto revealed in an X (formerly Twitter) post that Golden Cross has formed on Bitcoin’s 2-month chart. He added that the leading crypto company experienced a “massive” rally every time this bullish…

No matter who wins the US presidential contest this November, the trajectory of Bitcoin seems to be set to remain strong despite growing partisan fervor. Market observers and crypto enthusiasts mostly believe that the long-term future of Bitcoin is safe. Former President Donald Trump’s pro-crypto posture inspired recent hope that is starting to wane, although this has not affected the general state of the sector. US Election: Effect On Bitcoin’s Value Although some forecast instantaneous changes in price depending on…

Bitcoin price is holding gains above the $57,500 resistance. BTC is now showing positive signs and might aim for a move toward $60,000. Bitcoin is attempting a fresh increase above the $57,200 support zone. The price is trading above $57,500 and the 100 hourly Simple moving average. There is a key contracting triangle forming with resistance at $58,500 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair could climb higher if it clears the $58,500…

Geoff Kendrick, the Head of Crypto Research at Standard Chartered Bank, has put forth bullish predictions regarding the Bitcoin price trajectory in the event of the 2024 US presidential election.  Bitcoin Price Predictions Soar According to a CNBC report, Kendrick posits that a potential re-election of Donald Trump could propel Bitcoin to a staggering $125,000 mark. However, he also indicates that Bitcoin is poised to reach new all-time highs regardless of the election outcome, with an anticipated value of $75,000…

Recent changes in the behavior of Bitcoin on the market suggest the coin could be preparing for its next significant bull run. One important consideration is the fall in Bitcoin reserves on exchanges. Less of Bitcoin is accessible for trading as owners migrate it to cold storage. Historically, this kind of decrease usually comes before significant price rises. Declining Bitcoin Reserve Reserves of Bitcoin on exchanges have been declining drastically. This drop means that everyday traders are losing control over…

The post UK Recognizes Bitcoin and NFTs as Personal Property – A Big Win for Crypto Owners appeared first on Coinpedia Fintech News In a significant move, the UK government has introduced a crypto bill in Parliament that could change how digital assets are treated under British law. If passed, the bill will classify cryptocurrencies, NFTs, and tokenized real-world assets (RWAs) as personal property, providing legal protection against fraud, theft, and other risks. This legislation is the first of its…