Get the weekly summary of crypto market analysis, news, and forecasts! This Week’s Summary The crypto market ends the week at a total market capitalization of $2,17 trillion. Bitcoin continues to trade at around $62,300. Ethereum experiences no changes and stagnates at around $2,400. XRP is down by 2%, Solana by 1%, and Dogecoin by 3%. Almost all altcoins are trading in the red, with very few exceptions. The DeFi sector decreased the total value of protocols (TVL) to around…
BTC
Chainlink (LINK) and Bitcoin (BTC) Tumble as Analysts Tip Clandeno (CLD) for 100X Rally; Initial Coin Offering Now Live
Bitcoin (BTC) and Chainlink (LINK) are facing bearish trends. Bitcoin’s price plunge might be influenced by the upcoming Bitcoin Conference 2024. Former President Donald Trump is scheduled to speak at the Bitcoin Conference 2024, adding to market uncertainty. Clandeno (CLD) is gaining attention as analysts predict a 100X rally. Clandeno’s ICO launch is attracting major investors with its decentralized e-commerce platform. The cryptocurrency market is experiencing significant price dumps on all crypto asset classes, with Bitcoin (BTC) and Chainlink (LINK)…
11 months ago
Germany’s Bitcoin Sell-Off: 88% of 50,000 BTC Liquidated – Is $50,000 or $70,000 Next?
The German government has intensified its Bitcoin sales as 84% of the 50,000 BTC seized from a movie piracy website in 2013 has been liquidated. Crypto analyst lauds the Bitcoin market for the ability to hold its price at just around $60k despite the ongoing selling pressure led by the German government and the Mt. Gox repayment. The German government has commenced an operation to liquidate hundreds of millions of dollars worth of Bitcoin (BTC) seized from movie piracy website operators,…
11 months ago
German government Bitcoin (BTC) holding now worth $1.87
The German government has now sold all of its Bitcoin holdings - going from nearly 50,000 BTC to zero in a very short amount of time. Bitcoin has absorbed the impact and is continuing its recovery. The $BTC price is now at $58,700. It’s all gone! According to Arkham Intelligence, the German government sent 49,860 BTC to exchanges ($2.9 billion) and sold them over a 3-week period. After sending off its final tranche of Bitcoin, the government wallet received the…
11 months ago
Total Depletion Of German Bitcoin Reserves: Wallet Left With Zero BTC
In what is being hailed as a significant victory for the Bitcoin market, the German government has officially depleted its Bitcoin reserves after holding 50,000 BTC in its wallet just months ago. Bitcoin Wallet Now Empty After Massive Selling Spree Data from market intelligence firm Arkham shows that the German government recently transferred the remainder of its 3,846.05 BTC stash worth approximately $223 million to Flow Traders and 139Po, likely for over-the-counter (OTC) services. As a result, Arkham’s platform reveals…
11 months ago
Crypto Prices Regain Upward Momentum, BTC Hits $58k, XRP Surges 9%
The post Crypto Prices Regain Upward Momentum, BTC Hits $58k, XRP Surges 9% appeared first on Coinpedia Fintech News The crypto prices today have regained an upward momentum as Bitcoin briefly touched the $58K mark once again and XRP also witnessed an upsurge worth nearly 9%. Notably, the Bitcoin ETFs recorded nearly $1 billion worth of inflows this week. The global crypto market also saw a slight 1.10% increase in value to $2.14 trillion today. Ethereum’s price also showed an…
11 months ago
German Government Moves The Last 3846 BTC To Flow Traders
The post German Government Moves The Last 3846 BTC To Flow Traders appeared first on Coinpedia Fintech News Germany has sold off more than 46,000 BTC before today. In the latest update, the last 3846 Bitcoins worth $223.81 million were moved to Flow traders and 139Po. The German government now has 0 Bitcoins remaining. The weeks-long selloff of the Bitcoin in the account has triggered multiple crypto market downtrends which largely kept the price of Bitcoin below $60,000. With the…
11 months ago
OG Satoshi-Era BTC Wallet Rotates 400,179% Profits Into This Trending Altcoin – No, It’s Not SHIB Or DOGE
The post OG Satoshi-Era BTC Wallet Rotates 400,179% Profits Into This Trending Altcoin – No, It’s Not SHIB Or DOGE appeared first on Coinpedia Fintech News A Satoshi-era Bitcoin whale has reportedly accrued a substantial profit, 400,179%, on his Bitcoin (Bitcoin) holdings. The Satoshi-era OG, which re-emerged after being dormant for about 13 years, has been a trending topic in the crypto space. Following its massive success, the anonymous Satoshi-era Bitcoin whale has invested a substantial chunk of his profit…
11 months ago
Bitcoin (BTC) Price Bull Run to Begin in August: Here’s Why
The post Bitcoin (BTC) Price Bull Run to Begin in August: Here’s Why appeared first on Coinpedia Fintech News Bulls and bears – everyone needs to take note! Bitcoin (BTC) recently faced a significant price rejection near the $59k mark, resulting in a 2.1% decline over the past 24 hours. This drop has intensified concerns about potential further crypto market capitulation. As Bitcoin lingered around $57,300 early on Friday during the New York trading session, the fear and greed index…
11 months ago
Is $73,000 The Top For Bitcoin? Analyst Identifies Where BTC Is In This Cycle
In March, Bitcoin hit an all-time high above $73,000, sparking debates amongst market watchers and analysts about whether the cryptocurrency has hit its top this cycle. However, a crypto analyst has provided an in-depth analysis of Bitcoin’s recent price movements and future outlook, suggesting that the pioneer cryptocurrency still has substantial upside momentum ahead. Analyst Says Bitcoin Has Reached Second Early Cycle Top On July 11, a crypto analyst identified as ‘CryptoCon,’ took to X (formerly Twitter) to share insights…
11 months ago