BTC

Bitcoin, the largest cryptocurrency by market capitalization, has experienced a significant price dip recently, sparking discussion about a potential deeper market crash. As a result, many crypto investors have begun to seek cryptocurrencies that will serve as an alternative investment to Bitcoin. In this guide, we have listed 5 different cryptocurrencies that are the best Bitcoin alternatives right now. We also review each of the listed cryptocurrencies to help make the best possible choice.  Best Bitcoin Alternatives in 2024 -…

Bitcoin faced intense selling pressure and volatility on Monday, dropping to a low of $54,337 and reaching a high of $58,284 before settling at $56,764. The price has recovered over the past couple of sessions and is currently trading above $57,000. Bitcoin’s recent performance has seen the cryptocurrency shed over 17% during the past month. Bitcoin (BTC) Back Above $57,000 Bitcoin (BTC) bulls managed to keep the price above $55,500, even though the cryptocurrency fell to day lows of $53,591…

The German government has sold more than half of its entire $BTC stack. $900 million worth of $BTC was transferred to exchanges on Monday, but Bitcoin appears to have already absorbed the selling and is starting to rise on Tuesday. Technical indicators point to the possibility that a $BTC revival could be beginning. German selling is being mopped up The German government may have already sold more than half of its entire holdings of $BTC, but it still has more…

The post Bitcoin Price Today: Will BTC Price Rebound or Face More Declines? appeared first on Coinpedia Fintech News Bitcoin recovered some of its losses over the weekend, closing at $58,250, just below the target of $58,450. However, the market is still cautious because the German government is selling its seized Bitcoin, which signals potential further sales from their reserves. What’s going on with Bitcoin? The analyst clears the doubt about Bitcoin recovery. Experts like Willy Woo believe they have…

The post After BTC and ETH, Solana ETF is Finally Launching! appeared first on Coinpedia Fintech News Two hours ago, the head of digital assets research at VanEck, Matthew Sigel, informed twitter that CBOE has filed their 19b-4 form for Solana ETF. Source : Twitter Things are getting really serious about the Solana ETF this week. Investment giants VanEck and 21Shares are making a big move by filing 19b-4 forms with the U.S. Securities and Exchange Commission (SEC) to launch…

The entire cryptocurrency market has crashed in direct correlation with Bitcoin’s 11% dump, including the fourth biggest cryptocurrency, Binance Coin. Crypto analysts predict that Binance Coin (BNB) should make a sharp recovery due to its strong fundamentals, though its recent decline has caused trading volume to crash. Meanwhile, Play-To-Earn crypto’s in the GameFi sector, such as Rollblock, are expected to outperform Bitcoin and Binance Coin. Rollblock (RBLK), the pioneering globally recognized Play-to-Earn GambleFi token, bridges the gap between centralized and…

As the German government continues to sell $BTC, and Mt. Gox creditors are starting to receive their disbursements, Bitcoin is still under selling pressure. That said, the price is holding above $55,000 and indicators are showing that Bitcoin is oversold. Is the local bottom now in? Constant drip, drip of selling According to Lookonchain, the German government transferred 1,000 $BTC out of its wallet earlier today, and deposited exactly half of it to Coinbase and Bitstamp. Another potential 1,000 BTC…

Bitcoin (BTC) continued to drop over the weekend despite a sharp bounce on Saturday, which saw the cryptocurrency climb back above $58,000. However, selling pressure pushed the price back down, with BTC trading around the $55,600 mark.  The sudden drop in the price of BTC can be attributed to a couple of major factors that have led to panic selling, although Saturday’s rebound indicates strong demand at lower levels.  A Market In Panic  Bitcoin (BTC) has dropped to levels not…

Over the weekend, Bitcoin (BTC) ‘s price circled between $54,424 and $58,215. However, as the new week begins, the coin presents an interesting revelation on-chain that could influence its next direction. To put it in perspective, this condition has been historically crucial to BTC’s recovery. Will it be the same this time? Bitcoin Oversold, Drives Multiple Bids The metric in question is the NVT Golden Cross. NVT stands for Network Value to Transaction. Defined as a reformed index of the…