Bitcoin

The post SpaceX and Tesla Hold $500M in Bitcoin appeared first on Coinpedia Fintech News SpaceX launched its Polaris Dawn mission, marking the world’s first private spacewalk attempt. The four-person civilian crew embarked on a daring mission at 5:23 a.m. ET, making waves in both aerospace and crypto circles. Blockchain analytics platform Arkham Intelligence revealed that SpaceX holds nearly $500 million worth of Bitcoin, reflecting Elon Musk’s bullish stance on crypto. Musk had previously confirmed that SpaceX, alongside Tesla, owns…

Bitcoin price started a decent increase above the $56,500 resistance. BTC is now struggling to clear the $58,000 resistance and is consolidating gains. Bitcoin is attempting a fresh increase from the $52,500 support zone. The price is trading above $56,500 and the 100 hourly Simple moving average. There is a connecting bullish trend line forming with support at $56,800 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair could gain pace if it clears the…

Crypto analyst Thomas has provided his Bitcoin price prediction for 2030 based on whether Donald Trump or Kamala Harris wins the US presidential elections. Crypto has become a major talking point ahead of the elections, and experts like Bernstein analysts have also suggested that the winner of the polls will determine Bitcoin’s future trajectory.  What The Bitcoin Price Will Be By 2030 If Trump Or Harris Wins Thomas mentioned in an X (formerly Twitter) post that Bitcoin will reach $1…

Data shows derivatives exchange users are still shorting Bitcoin after the recovery that the cryptocurrency has enjoyed beyond the $57,000 mark. Bitcoin Funding Rate Is Still Negative On Major Exchanges According to data from the analytics firm Santiment, investors have been shorting BTC for the last few days. The indicator of interest here is the “Funding Rate,” which keeps track of the periodic fee that the derivatives contract traders on a given exchange are paying each other right now. When…

The post Bitcoin Whales Buy $14.2 Billion Worth BTC in Past Two Months: Report appeared first on Coinpedia Fintech News Bitcoin (BTC), the world’s biggest cryptocurrency has been in a choppy range for more than six months. However, in the past few weeks, investor and whale interest has peaked. On September 10, 2024, a prominent crypto analyst made a post on X (previously Twitter) that in the past two months, over 236,155 BTC worth $14.22 billion have been withdrawn from…

Crypto analyst Jesse Olson has highlighted the second consecutive Heikin Ashi signal on the Bitcoin (BTC) weekly chart. This comes despite Bitcoin’s recent rise to as high as $58,000, which suggests that a bullish reversal might be on the horizon.  What The Heikin Ashi Signal Means For Bitcoin While highlighting the second consecutive Heikin Ashi on Bitcoin‘s weekly chart, Olson also noted that there was no wick to the upside, which suggests that the downside trend is likely to continue.…

Japanese early-stage investment company Metaplanet purchased an additional $2 million worth of Bitcoin today, reaffirming the firm’s trust in the leading digital asset. ‘Japanese MicroStrategy’ Bolsters Its Bitcoin Reserves In an announcement on September 10, 2024, Metaplanet said it had increased its cryptocurrency holdings by 38.464 BTC, bought for approximately 300 million yen ($2 million). The latest purchase brings Metaplanet’s total holdings to 398.832, with a total aggregate cost of 3.75 billion yen ($26 million), averaging slightly above $65,700 per…

The Bitcoin market has seen some consolidation since Monday, maintaining a price above the $56,000 mark after a brief drop from $65,000 to around $52,600 last Friday.  However, one analyst suggests that the bearish sentiment may still be ongoing, with expectations of a potential revisit to lower levels before a significant upward movement. BTC’s Future Price Action In Focus Crypto analysts known as “VirtualBacon” on X (formerly Twitter) have raised concerns about an impending “huge Bitcoin shakeout.” In the coming…

When a seasoned Bitcoin millionaire who has navigated the highs and lows of the market places a bold bet on an Ethereum token, it's worth paying attention. The token in question is ETFSwap (ETFS), and this crypto veteran is predicting an astonishing 4,500% surge in just 20 days.  Bitcoin Millionaire Predicts ETFSwap (ETFS) Will Skyrocket As someone who has seen the volatile nature of the crypto market firsthand, the Bitcoin millionaire's prediction for the ETFSwap (ETFS) token carries significant weight.…