Bitcoin

The post Bitcoin Longs Liquidated-But Still We are at the Early Stages of the Upcoming Bull Run! appeared first on Coinpedia Fintech News The Bitcoin price remained more or less still during the weekend as the volatility grounded with a low influx of volume. As a result, the price continues to remain within a bullish range regardless of the growing selling pressure. However, the bears are causing hindrance in the short term due to which the BTC price rally may…

The post Bitcoin News: Are Global Governments Secretly Stocking Up Crypto? Here’s the Truth appeared first on Coinpedia Fintech News According to the latest video from Altcoin Daily, there is a great financial digital asset war going on right now between nation-states. They are all trying to accumulate as many digital assets and digital infrastructure as they can.  But wait. What does this all mean? Read on to discover the shocking details of this digital gold rush as we take…

The post Bitcoin Price Dips Below $59K: Key Levels to Watch as Supply Shock Nears appeared first on Coinpedia Fintech News Bitcoin (BTC), the oldest and most valued cryptocurrency, fell below $59,000 over the weekend due to weak buyer activity. But don’t give up hope just yet. Despite this drop, experts are predicting a major supply shock that could push prices higher. Bitcoin trader Mister Crypto believes this supply shock is imminent, following patterns seen after past halving events. Here…

Bitcoin price started a fresh decline from the $60,000 resistance zone. BTC is now moving lower and might test the $57,650 support zone. Bitcoin started a fresh decline from the $60,000 resistance zone. The price is trading below $58,800 and the 100 hourly Simple moving average. There was a break below a key bullish trend line with support at $59,700 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair might attempt a fresh increase if…

Bitcoin (BTC) continues to traverse sideways, while holding the very important $58,000 horizontal support level. However, a decision point is approaching, as the $BTC price nears the end of a triangle pattern. A breakout to the upside is the more likely scenario. $BTC continues to hold critical $58,000 level Following the huge dump down to $49,000, the $BTC price made a v-shaped recovery - briefly hitting $62,700. However, since that time, the price has been consolidating, while managing to hold…

The post SAND Braces for Potential Decline, Bitcoin Under Sell Pressure, and DIGI Poised for Major Gains appeared first on Coinpedia Fintech News Sandbox (SAND) recently climbed to $0.27, but a negative MVRV indicates it could decline further to $0.20. Bitcoin is under pressure, falling 2.5% to $58,500 due to government sales of Silk Road-linked holdings.  Meanwhile, DigiHorse (DIGI) is gaining momentum with its presale, promising a potential 2,150% price surge upon listing, driven by strategic partnerships and a solid…

Following a tumultuous start to the month, the cryptocurrency market has yet to shake off the early August blues. The story has not been very much different for the price of Bitcoin, which struggled to make an impact in the past week. With BTC’s price almost 20% adrift of its all-time high of $73.737, there have been increased calls for the premier cryptocurrency to return to the bull market. Interestingly, a recent on-chain observation shows that Bitcoin has witnessed substantial…

VanEck, an asset management firm, predicts that Bitcoin miners could unlock up to $38 billion in revenue by shifting 20% of their operations to artificial intelligence (AI) and high-performance computing (HPC). The firm believes miners can leverage their advanced hardware and cooling systems to address the growing demand for AI data centers. How AI Pivot Will Benefit Bitcoin Miners With their expansive data centers and significant power resources across the US, Bitcoin mining companies are well-positioned for compute-intensive AI tasks.…

Franklin Templeton, a leading US asset management firm, has filed an application with the Securities and Exchange Commission (SEC) to launch a Crypto Index Exchange-Traded Fund (ETF). This move highlights growing institutional interest in crypto ETFs, particularly those involving assets like Bitcoin. Franklin Templeton’s Crypto Index ETF Reflects Growing Institutional Interest On August 16, Franklin Templeton submitted its application to introduce the “Franklin Crypto Index ETF,” aiming to offer investors diversified exposure to multiple cryptocurrencies. Initially, the index will focus…