BTC

XRP price is gaining pace above the $0.6320 resistance zone. The price is up over 6%, outperforming Bitcoin, and might rise further toward $0.6750. XRP price is gaining pace above the $0.6320 zone. The price is now trading above $0.640 and the 100-hourly Simple Moving Average. There is a key bullish trend line forming with support at $0.640 on the hourly chart of the XRP/USD pair (data source from Kraken). The pair could rise further if it clears the $0.6580…

Bitcoin price extended losses and tested the $65,500 support zone. BTC is now consolidating and might aim for a fresh increase if it clears $66,500. Bitcoin tested the $65,500 level and is attempting a recovery wave. The price is trading below $68,000 and the 100 hourly Simple moving average. There is a connecting bearish trend line forming with resistance at $66,400 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair might start a fresh increase…

Bitcoin’s (BTC) price faced immense volatility over the weekend, dropping to $66,680 at one point. As the coin recovers, traders in the market are taking positions to profit from the price action. Drawing insights from derivatives market activity, this analysis pinpoints price levels that could cause a cascade of liquidations and focuses on BTC’s potential price movement. Bitcoin Price Spike Threatens Major Bear Liquidations Bitcoin’s see-saw movement in the last two days could be linked to Donald Trump’s appearance and…

The post Bitcoin Whale Accumulates 4,500 BTC from Binance Anticipating Higher Prices Ahead appeared first on Coinpedia Fintech News According to whale tracking platform Lookonchain, a significant whale, identified as “12QVsf,” has withdrawn a substantial amount of Bitcoin from major exchanges, likely accumulating amidst an anticipation of higher prices ahead. It withdrew a total of 4,500 BTC, valued at approximately $302 million, from Binance within the last 22 hours. The whale “12QVsf” currently holds 4,500 BTC with an unrealized loss…

The post Bitcoin ETF Whales Likely To Invest Major Capital In BTC Acquisition: Blackrock appeared first on Coinpedia Fintech News According to Adam Back, Blockstream CEO, in a post on X, the market should anticipate institutional investors with huge buying power to dominate the market. With $5 trillion worth of funds, Bitcoin ETF whales are likely to invest a majority of the capital into Bitcoin acquisition and consolidating their positions. Analysts say that BlackRock, with its over $10 trillion AUM,…

The post Kraken Faces Criticism Over Rejecting BTC Payouts To Creditors  appeared first on Coinpedia Fintech News Kraken, a prominent crypto exchange, is facing criticism due to the rejection of Bitcoin (BTC) payouts to creditors involved in the Mt. Gox bankruptcy proceedings. According to several posts on the Mt Gox insolvency subreddit from users affected by this issue, Kraken has repeatedly informed them that their account verification levels are insufficient to process the Bitcoin transfers. Adding to the confusion, the…

The fusion of Polygon (MATIC) with Farcaster Frames marks a major leap in blockchain usability and efficiency, aligned with deep insights into Bitcoin’s crucial buying zones. This development underscores the market's openness to recognizing top crypto performers. Simultaneously, BlockDAG has disclosed its expert founding team after a robust $62.8 million presale, marking the dawn of a new era for the platform. This strategic disclosure sets BlockDAG on a trajectory to challenge traditional market giants, propelling it into the top 30…

After the recent kerfuffle over the movement of the US government’s Silk Road Bitcoin, it appears that the king of the cryptocurrencies is not ready to begin its big upside move just yet. When it does, prominent memecoins, such as $WIF, $BONK, and $BRETT, will be ready for this green light. Memecoins primed to move  The Bitcoin (BTC) anticipated next big move to the upside is still in abeyance. Of course, if any market stock is ‘anticipated’ to move in…

Bitcoin (BTC) touched $70,000 on Monday after surging past $69,000. However, BTC pulled back sharply after reaching this level, indicating that sellers are fiercely defending the overhead resistance, with the price dropping to $66,810.  BTC was extremely bullish prior to hitting $70,000 and, despite the significant drop, remains on track to close the month of July with significant gains. July saw BTC plummet to a low of $54,000 before it made a strong recovery to surge past $65,000.  Bitcoin (BTC)…