BTC

Only two days after presidential hopeful Donald Trump said at the Bitcoin 2024 conference that he would not move the US Silk Road $BTC, the government did just that, transferring $2 billion worth to a previously unknown wallet. Bitcoin lost 4% in value on the news. Large $BTC movement sends traders into a panic It seems that the crypto market has still not lost the jitters. Large amounts of $BTC being moved from one address to another is still able…

The post Bitcoin Crashes After U.S. Government Moves $2 Billion in BTC: What’s Next? appeared first on Coinpedia Fintech News Bitcoin has been trying to regain its position at the $70,000 zone since the market rejected it over a month ago. For the last many days it has  struggled with multiple resistances at various levels. On 29th July, it could finally touch this spot but could not hold it for long. Prices dropped down to $66,500, breaking many support levels…

The post After BTC ETF, 21Shares Now Integrates Chainlink for Its ETH ETF! appeared first on Coinpedia Fintech News One of the world’s largest issuers of crypto exchange traded funds (ETPs), 21Shares, has integrated Chainlink’s Proof of Reserve (PoR) on Ethereum to make their Core Ethereum ETF (CETH) transparent. This step will enhance investors’ trust in the firm. 21Shares integrating Chainlink In a press release, 21Shares US LLC, shared the information about this integration. They have integrated the Industry standard…

The post BRN Analyst: Bitcoin Miners Start Hoarding BTC for the Next Bull Run appeared first on Coinpedia Fintech News After a prolonged downturn, Bitcoin’s price has increased by 3% in the past 24 hours, trading at $69,625. The ongoing accumulation by miners and supportive external factors indicate a promising outlook for the largest digital asset by market cap. Is It the Start of a Bull Market?  Bitcoin miners may have initiated a new accumulation phase, according to BRN lead…

The post Satoshi-Era Bitcoin Holder Moves Entire BTC Holdings Worth $2.5M! appeared first on Coinpedia Fintech News A decade-old Bitcoin holder has transferred a large 37 BTC holdings worth over $2.5 million after 11 years. These sorts of events happen due to increased asset prices as traders often look to make quick profits. The transfer is debated along social media spaces as some are lauding the move based on the huge profit and long wait period of over a decade.…

The post Robert Kiyosaki Says, Get Smarter, Save BTC, Gold and Silver! appeared first on Coinpedia Fintech News Robert Kiyosaki took X to discuss money as an interesting subject. He shared that he used to make his coins by melting down old tubes of toothpaste, which made out of lead. That game taught him about “counterfeiting.” He shared his regrets about schools never teaching children about money or taxes, and therefore he stressed, “90% of the people today work for…

Bitcoin (BTC) saw a slight pullback last week, dropping the price to a low of $65,117. However, it registered a strong recovery and, besides facing significant volatility on Saturday, resumed its push towards the psychologically crucial $70,000 mark. BTC’s rally could be the result of several developments over the weekend, notable being former president Donald Trump’s supportive remarks for the asset during the 2024 Bitcoin conference. Trump also proposed allocating a portion of BTC currently held by the US Department…

On Sunday, Bitcoin was able to hold and confirm above its bull flag with an incredible doji candle. Monday is seeing Bitcoin shooting upwards, with $71,000 in its sights. The all-time high at $73,800 should follow, before catapulting into price discovery, and the next major target of $100,000. Game theory  The world is finally waking up to Bitcoin. Presidential hopeful Donald Trump wants to make Bitcoin part of the US strategic reserve, China is looking at unbanning it, and at…

Indeed, the Bitcoin price has been on a hot streak in recent weeks, returning to its past heights most investors have become accustomed to. However, the past week was a somewhat quiet one for the premier cryptocurrency, as it was for most of the digital asset market. Interestingly, the latest on-chain insights suggest that the crypto market, specifically the Bitcoin market, might not be inactive for too long.  BTC Price Momentum Shifts To Positive – Impact On Price? In a…