Bitcoin

A crypto analyst has unveiled a new bearish death cross for Bitcoin (BTC), the world’s largest cryptocurrency. According to the analyst, Bitcoin is at risk of further price stalls before any potential upward movement.  Bitcoin Prints Another Bearish Death Cross In an X (formerly Twitter) post on August 15, a crypto analyst identified as ‘Mags,’ shed light on Bitcoin’s recent price movements, emphasizing key pattern formations and the cryptocurrency’s future outlook. Sharing a chart illustrating Bitcoin’s price action from October…

It's time for new projects to take over the crypto market. According to experts, the next bully rally will be led by emerging coins that have the potential to become the next Bitcoin. Despite the weakness in the market, Bitcoin Cash (BCH) and Arbitrum (ARB) investors are continuously investing in such a presale project. We are talking about DTX Exchange, the first hybrid exchange that is going to have the feature of both centralized and decentralized exchanges. Bitcoin Cash (BCH)…

The post Is the Next Crypto Market Crash Coming? How Japan’s Economic Shifts Might Impact Bitcoin appeared first on Coinpedia Fintech News The cryptocurrency industry, led by Bitcoin (BTC) and Ethereum (ETH), has been attempting to recover from the recent global market crash. The rising correlation divergence between major stock indexes and Bitcoin has increased fear of further crypto capitulation.   While Bitcoin price has hovered around $58k in the past 24 hours, Japan’s NIKKEI 225 Index jumped nearly 4 percent…

The post Will the US Government Sell 10,000 Bitcoin? Experts Weigh In on the Recent Transfer appeared first on Coinpedia Fintech News Big moves happening! On August 14, the U.S. government transferred about 10,000 Bitcoin, valued at roughly $594 million, to Coinbase’s Prime deposit wallet as per Arkham Intelligence report. While many thought the transfer was for custody purposes due to a new partnership between the Marshals Service and Coinbase, Johnsson believes the Bitcoin has either already been sold or…

In the latest episode of the podcast “The Bitcoin Layer,” Daniel Batten, a recognized advocate for Bitcoin, discussed the potential impact of sovereign wealth funds (SWFs) on the Bitcoin price, predicting a rise to over $148,000 per BTC should these funds decide to invest even a minimal fraction of their assets. With $35.7 trillion under management between SWFs and public pension funds, a 1% allocation could have a significant impact on Bitcoin’s valuation. Batten’s analysis hinges on the sheer scale…

Bitcoin’s (BTC) price continues fluctuating within the $58,000 to $61,000 price range following its recovery from the ‘Black Monday’ crash. However, analysts remain unsure about the next step for the flagship cryptocurrency. Some market watchers suggest the key levels BTC must break to continue the bullish run, while others highlight signals that could indicate a timeline for the next leg up. Analysts Unsure About BTC’s Next Move On August 5, the crypto market experienced a massive crash that shredded over…

Despite the launch of the Spot Ethereum ETFs, the $ETH price has continued to seriously underperform Bitcoin, as well as many of the large cap altcoins. Is this about to change? Ethereum still the dominant layer 1 for smart contracts Ethereum (ETH) was a poster child of the last bull market. It’s the number 2 cryptocurrency by market cap, and the heir apparent to become the foremost layer 1 blockchain for the majority of future dApps. However, changing from proof-of-work…

Bitcoin (BTC) is hanging on to the $58,000 critical support despite overwhelmingly negative sentiment. A dip to $56,200 on Thursday was bought back up, and Friday has seen the $BTC price climb above support once more. Will it hold? Bitcoin is still down at that crucial level of $58,000. Many investors and traders are no doubt wondering if $BTC is going to approach the cliff edge once again, and if it does, will it finally take that feared plunge, which…

The post Bitcoin Price Dips Below July Wedge Highs of $58,280; Bearish Signals Remerge appeared first on Coinpedia Fintech News Analyst Josh of Crypto World has observed that Bitcoin is continuing its bearish trend, with the price now testing a critical support level. A new signal has also emerged for the broader crypto market.  The Bitcoin chart continues to show bearish signals, as indicated by the SuperTrend indicator. Over the past day, the bearish trend remains unchanged, with Bitcoin forming…