BTC

Despite very poor sentiment for Bitcoin (BTC) that is being felt across the entire market, Bitcoin still looks incredibly bullish. This current market shakeout could be the one before the king of the cryptocurrencies finally heads skywards. Are you still in this trade? Fear still pervades the market Sentiment for Bitcoin is still very much in the region of fear. In the crypto press and across social media news such as “the whales are selling”, is rife. The Fear and…

Source: Depositphotos The multi-chain landscape and Bitcoin have inched closer following Aurora Labs’ release of a Bitcoin Light Client and Relayer. Their deployment brings reliable Bitcoin data to NEAR for the first time, allowing developers to create dapps that execute smart contracts based on BTC onchain activity. The move is a precursor to deeper Bitcoin integration on NEAR. Light Client Brings Bitcoin Closer to NEAR  Interoperability on NEAR has been given a major boost with the deployment of dual Bitcoin-based…

The post Bitcoin Faces Immense Pressure As Whales Dump $600M Worth BTC Last Week appeared first on Coinpedia Fintech News Bitcoin is facing immense pressure and has been consolidating around the $59,000 price range. Ali Martinez, a renowned investor and on-chain analyst, has revealed that Bitcoin whales are becoming bearish in recent days. He disclosed that some of the biggest Bitcoin whales have sold over 10,000 BTC in the last week, which is estimated to be worth around $600 million.…

The post What’s Preventing Bitcoin’s (BTC) Price from Reaching $70,000? How Long Will It Stay Under $65,000? appeared first on Coinpedia Fintech News The crypto markets are becoming uncertain of the next price action as the top token, Bitcoin, has been shadowed under misty clouds. The bulls and bears exert equal pressure, causing the price to remain consolidated within a narrow range. With the price advancing towards the second half of the month, more bearish action is expected to occur,…

The post ‘Bitcoin Cheerleader’ Trump And ‘Dogefather’ Musk Give Crypto A Miss In Their Historic Debate; BTC Price Unfazed Near $60k appeared first on Coinpedia Fintech News Bitcoin had an amazing week in July after the former president headlined the industry’s annual Bitcoin conference in Nashville, delivering the keynote at the event. Now, with elon musk elon musk Elon Musk is an enthusiastic cryptocurrency believer, quivering the crypto world through his sparkling tweets. He has a complex relationship with cryptocurrencies.…

Bitcoin buyers might be upbeat after the uptick on August 8. While traders are waiting for a conclusive close above $63,000, confirming bulls of the second half of last week, on-chain data points to risk and traders staying on the sidelines. Traders Cautious: Will The Bitcoin Consolidation Continue? Taking to X, one on-chain analyst said. However, traders are bullish and expecting immediate price expansion; key metrics show that most are more cautious, meaning the uptrend might be delayed. One key…

Data shows the Bitcoin market sentiment has taken to extreme fear again as the asset’s price has seen a retrace to the $59,000 mark. Bitcoin Fear & Greed Index Suggests Market Now Extremely Fearful The “Fear & Greed Index” is an indicator created by Alternative that tells us about the average sentiment that’s currently present in the Bitcoin and wider cryptocurrency markets. The index uses the following five factors to determine the sentiment: volatility, trading volume, social media sentiment, market…

The post Massive Bitcoin Whales Accumulate BTC Like Never Before, Why This Will Push Solana and DTX Exchange Higher appeared first on Coinpedia Fintech News While it is currently showing a slight bearish trend, the price of Bitcoin rose to $57k in the last 48 hours, fueled by the whales’ accumulation of 30k BTC. This considerable increase in the Bitcoin price has impacted other cryptocurrencies and has taken other altcoins such as Solana and DTX Exchange.  DTX Exchange, particularly, is…

Bitcoin (BTC) closed the week above $58,000. Late summer months are usually not easy for the bulls, therefore look for $BTC to continue to chop sideways, at least for this coming week.  More sideways price action After a great recovery last week, following the yen carry trade sell-off, the end of the week saw the $BTC price head lower again, and the weekend also contributed to further sell-offs in price, which has brought $BTC back down to the $58,000 level.…