Bitcoin

The post Analyst Draws Timeline for the Bitcoin Price Will Hit a New ATH, Which ETH Altcoins Are Heading Higher with BTC? appeared first on Coinpedia Fintech News A cryptocurrency expert has predicted that Bitcoin (BTC) will reclaim its all-time high if it remains above $45,000 in a year. Given that altcoins, including Ethereum (ETH), mirror BTC’s performance; market players focus on Ethereum altcoins like RCO Finance (RCOF) to imitate the expected Bitcoin rally. Let’s investigate the basis of this…

Metaplanet’s decision to become the Japanese MicroStrategy is evident in its latest move, where it secured a significant loan to increase its Bitcoin reserves.  Metaplanet Makes Moves To Become Next MicroStrategy Japanese investment firm Metaplanet has secured a 1 billion-yen ($6.8 million) loan from one of its shareholders as a means to its plans to double down on its pro-Bitcoin strategy. The Tokyo-based company advisor had officially adopted Bitcoin as a reserve asset earlier this year and will use the…

The post Bitcoin Price Prediction: BTC Price To Slingshot To $70K This August? appeared first on Coinpedia Fintech News The star crypto token has recorded a strong bullish recovery within the past 24 hours after trading under a bearish sentiment over the past few days. Notably, the Bitcoin price has jumped approximately 8% during this time, resulting in it reclaiming the $61K mark. Planning on investing in BTC crypto but concerned about questions like “Will BTC price drop again?” or…

The Bitcoin price records a major rally in recent days. After plummeting to a low of $49,000 on Monday, the BTC price soared as high as $62,700 during the Asian trading session today. Thus, BTC has surged 24% from its Monday low. Over the last 24 hours alone, BTC has risen by 7%. These are the key reasons: #1 Fading US Recession Fears Fuel Bitcoin Rally Macro economics are the clear driver of the price move as equities have rallied…

In a significant boost for the largest cryptocurrency on the market, Bitcoin (BTC) has surged nearly 9% in the last 24 hours, inching closer to the coveted $60,000 milestone. This price rally comes after BTC hit a 7-month low of $49,000 earlier this week amid broader market uncertainty. Fueling this crypto resurgence is a significant development in Russia, where President Vladimir Putin has officially signed a law legalizing cryptocurrency mining in the country.  Russia Formalizes Crypto Mining Rules According to…

On-chain data shows that the Bitcoin Network Value to Transactions (NVT) Golden Cross has dipped into the bottom region, which may be bullish for the asset’s price. Bitcoin NVT Golden Cross Has Seen A Sharp Decline Recently As an analyst in a CryptoQuant Quicktake post explained, the Bitcoin NVT Golden Cross is giving a bottom signal for the third time in 2024. The “NVT ratio” is an on-chain metric that keeps track of the ratio between the Bitcoin market cap and transaction…

Predictions for a major surge in Bitcoin value are capturing attention. Experts are not only optimistic about Bitcoin reaching $100K but also foresee dramatic gains for SOL and CYBRO, possibly increasing by 3000%. These forecasts are stirring curiosity about which other cryptocurrencies might be poised for significant growth next. Stay tuned to explore the potential breakout stars in the crypto market. CYBRO Defies Market Headwinds, Empowering DeFi Investments with Smart AI Solutions CYBRO is revolutionizing the DeFi landscape by harnessing…

Tokyo, Japan, August 9th, 2024, Chainwire Bitcoin.com, a pioneer in the Bitcoin and crypto space since 2015, has integrated into its wallet, games, news, and education platform a debit card that empowers users to spend their cryptocurrency seamlessly at any location Mastercard® is accepted. V-Card is now available in the Bitcoin.com app and on Bitcoin.com’s website here. “This is a game-changer for crypto self-custody holders who seek the flexibility and convenience of traditional financial systems without compromising their principles and…

Bitcoin (BTC) looks to have reached a top for now, of what is a truly massive rally - A 30%, $13,700 revival has now paused as Bitcoin bulls draw breath, ready for the next leg up. A short term reversal could take place now, but the next stage of the bull market could soon be upon us. The Bitcoin bulls have completely obliterated the bears since the ‘yen carry trade’ sell-off last weekend. Now well in charge, the bulls are…