Bitcoin

The post DIGI Token Leads Next Bull Run As Bitcoin, XRP Hold Steady appeared first on Coinpedia Fintech News In response to mounting inquiries from investors and the broader cryptocurrency community about the potential onset of a bullish market cycle, industry analysts are weighing in with optimistic forecasts.  Market experts are particularly enthusiastic about the prospects of the DigiHorse token (DIGI), which they predict will perform exceptionally well, potentially yielding significant returns for investors. Established cryptocurrencies such as Bitcoin and…

The post Bitcoin Death Cross Could Lead to a Catastrophic BTC Price Crash appeared first on Coinpedia Fintech News Similar to July, the August trade started on a huge bearish note. In the first week of August, all crypto assets face extreme bearish heat, with the star token, Bitcoin, plunging below $60,000 for a while. This shows that Bitcoin is approaching a “death cross,” a technical pattern where the 50-day moving average (SMA) falls below the 200-day SMA. This pattern…

Many people believe it was the approval of the first Bitcoin ETFs that sparked crypto’s bullish run in early 2024. They clearly enabled the flow of millions of dollars in capital from traditional finance into Bitcoin itself, but the crypto industry itself also created a lot of excitement with the arrival of Bitcoin’s Ordinals and Runes protocols, which were born out of the evolving “programmability” of the world’s oldest blockchain.  The Ordinals protocol came to life in January 2023, giving…

After a black Monday worthy of the name, when $BTC crashed all the way down to $49,300, the king of the cryptocurrencies has recovered to $56,000 on Tuesday. Will the recovery continue, or is this just the beginning of a headlong crash into the next bear market? Crypto 24-hour trading was the achilles heel Bitcoin and crypto trade 24 hours, every day of the year. This is a major advantage that this innovative sector has over traditional markets. However, over…

Capula Management, Europe’s fourth-largest hedge fund, along with Semler Scientific, a leading healthcare technology company, have both significantly invested in Bitcoin. This trend highlights a growing institutional interest, even amid the ongoing market fluctuations. Capula Management and Semler Scientific Bet Big on Bitcoin On Monday, Capula Management disclosed a substantial purchase amounting to over $464 million in Bitcoin through spot exchange-traded funds (ETFs), as per its latest 13F filings with the US Securities and Exchange Commission. These filings revealed that…

The post Bitcoin Bounces Back: Is a New Bull Run Looming Amid “Extreme Fear” in the Market? appeared first on Coinpedia Fintech News After a big crash in the crypto market on Monday, August 5, things are starting to look up. Bitcoin’s price has climbed above $55,589, which is a 12.2% increase from its lowest point yesterday. This improvement is due to the US futures market, which has shown signs of recovery and brought some hope back to investors. At…

The post Ethereum Picks Up Speed as Bitcoin Eyes Recovery Toward $60K: Here’s the Next ETH Price Trend appeared first on Coinpedia Fintech News The cryptocurrency market is experiencing its poorest daily trend since the November 2022 collapse of the FTX crypto exchange, reflecting a massive long liquidation in global markets. As Bitcoin’s price fell below the $50,000 mark, the price of Ethereum plunged to an eight-month low near $2,000. However, with Bitcoin now targeting a rebound towards $60,000, Ethereum…

The cryptocurrency market has been rocked by a massive sell-off, with the Bitcoin price plunging 26% from its July highs above $70,000. This dramatic decline comes amid a broader crash in global financial markets, reflecting growing economic uncertainty and investor risk aversion. Crypto Winter Returns?  The crypto sphere was not spared from this turbulence, as risk aversion sentiments reverberated across the industry on Monday. Bitcoin witnessed a staggering 16% decline, reaching as low as $48,860 on Binance, while Ethereum, the…

Bitcoin (BTC) has long been the cornerstone of the cryptocurrency market, celebrated for its pioneering role in the digital asset space. As the first cryptocurrency, Bitcoin (BTC) has established itself as a store of value and a hedge against economic uncertainty. Historically, BTC has demonstrated significant volatility, with notable price surges and dips that have shaped its reputation as both a high-risk and high-reward investment. Current Market Challenges Despite its established status, Bitcoin (BTC) faces several challenges. Recent market fluctuations,…