BTC

The post Will UK Dump Bitcoin Following Germany’s Move? Another BTC Dip Coming Up? appeared first on Coinpedia Fintech News After Germany’s recent Bitcoin sell-off spree, the crypto market is speculating whether the UK might follow Germany’s move as the new Chancellor of the Exchequer, Rachael Reeves is under pressure to fund her economic plans. As the Britain government holds a substantial BTC stash, if Reeves decides to sell, rumors suggest a potential market dip.  UK Currently Holds Over $4…

The post Ripple, DOGE, and Cardano Push Altcoins to New Mega Bull Run as Smart Money Moves 70,000 BTC appeared first on Coinpedia Fintech News In the crypto space, market movements can often signal the beginning of significant trends. Recent activities suggest that altcoins are on the verge of a new mega bull run, with Ripple (XRP), Dogecoin (DOGE), Cardano (ADA), and RCO Finance (RCOF) leading the charge.  Let’s dive into the factors driving these developments and choose which of…

Bitcoin is in an uptrend, but events in the daily chart show pockets of weakness. Though BTC is stagnant, analysts are upbeat, expecting prices to rise in the days to come. Is Bitcoin Ready To Rip Higher: Analyst Says Bulls Are Eyeing $140,000 Taking to X, one analyst has picked out an unusual development: In the weekly chart, the Bitcoin Bollinger Bands (BB) is currently at their tightest level in history. Besides April 2016 and July 2023 events, the Bitcoin…

Bitcoin (BTC) has been unable to go above $65,000, facing strong selling pressure at that price. Additionally, retail interest in BTC has hit a three-year low, with analysts stating that a rebound is needed before BTC’s “real bull run” can begin.  Despite BTC’s recent stutter, analysts have predicted the cryptocurrency’s next stop is $74,000. However, to confirm such a prediction, BTC will have to reclaim its old all-time high.  Retail Interest In BTC Hits 3-Year Low  CryptoQuant founder Ki Young…

The Bitcoin price is looking comfortable. Back in the middle of its range, $BTC is currently at support around the $64,000 to $63,000 level. Should this not hold, further strong support can be found at $61,000. Once this small pull-back is over, Bitcoin might be expected to resume its latest rally. Bitcoin taking a breather All appears to be perfectly normal for Bitcoin. The $BTC price is currently experiencing a small pull-back after its exertions of the last couple of…

Bitcoin seems on the verge of a massive breakout as it nears a crucial bull market trendline that broke in June last year. From a technical perspective, this development is an important step for Bitcoin to re-enter a price point that has traditionally opened the door to massive gains. Indicator of Market Recovery According to on-chain analytics firm CryptoQuant, the latest swing in Bitcoin price is attempting again to retest Short-Term Holder (STH) Realized Price — which serves as one…

Bitcoin is steady when writing, floating above immediate support levels and inches away from reclaiming the all-important local liquidation line at around $66,000. Even as the broader crypto community expects buyers to step in and push prices higher, there are exciting developments that buttress this outlook. Billions Worth Of BTC Pulled From Exchanges According to exchange data shared by one analyst on X, BTC holders increasingly pull their coins from exchanges. On July 5, when prices tanked, pushing the world’s…

The Government in Germany completed the sale of its remaining Bitcoin (BTC) holdings, which resulted in the sale of 3,846 BTC, valued at $62,604 per coin. This indicates that altcoins to BTC could be the next big thing, and Angry Pepe Fork (APORK), Ripple (XRP), APtos (APT) and Mog Coin (MOG) are the best options. To see why this is the case, we will analyze each cryptocurrency in-depth. Looking at Bitcoin and Its Future-Proof Alternatives for Diversification We will now…

The post Reddit MtGox Poll Reveals Majority Don’t Have Selling Intentions After Receiving BTC appeared first on Coinpedia Fintech News According to a poll conducted on the Reddit MtGox forum, which asked, “What percentage of your Bitcoins will you sell immediately after receiving them?”, 467 members participated in the vote. Among them, 260 individuals, representing the highest proportion at 55%, chose not to sell their bitcoins after receiving compensation. Following this, 88 members, constituting 18% of the respondents, opted to…