BTC

The post Bitcoin Halving Prediction: Analyst Predicts Potential Low Levels for BTC Price appeared first on Coinpedia Fintech News With only 5 days remaining until the much-anticipated Bitcoin halving, cryptocurrency analyst Eric Krown Crypto has shared his price predictions for Bitcoin ahead of the upcoming event. Eric began by looking back at past Bitcoin halvings in 2012, 2016, and 2020, noting a consistent trend: Bitcoin’s price tends to rise after these events, never dropping back to pre-halving levels. Based on…

Bitcoin price started another decline from the $67,000 zone. BTC is showing bearish signs and might soon revisit the $61,000 support zone. Bitcoin failed to clear the $67,000 resistance zone. The price is trading below $65,000 and the 100 hourly Simple moving average. There was a break below a rising channel with support at $64,900 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair could extend its decline unless it clears the $65,000 resistance zone.…

According to the on-chain analysis platform Lookonchian, a long-dormant Bitcoin (BTC) wallet dating back to April 2010, recently transferred 50 BTC, equivalent to $3.328 million. Unraveling The Transaction: An Exploration of Potential Motives As reported by Lookonchian, 50 BTC mined over 14 years ago, when each block reward was 50 BTC, was divided into two transactions: 17 BTC ($1.1 million) for one wallet and 33 BTC ($2.2 million) for another. The recipient wallet receiving 17 BTC has shown patterns of…

Bitcoin’s dominance within the cryptocurrency market has reached a three-year high, signaling strong demand for US spot Bitcoin ETF holding the largest digital asset and a challenging period for smaller tokens. Bitcoin accounted for nearly 55% of the $2.4 trillion digital asset market at the end of last week, a level not seen since April 2021. On Saturday, in particular, BTC’s dominance jumped to 57% as it briefly touched the $67,000 mark.  The next largest tokens by market share include…

Bitcoin adoption is soaring across sectors, emerging as a standard in the sports industry. Demonstrating this trend, a UFC winner has requested his bonus to be paid in Bitcoin, underscoring the cryptocurrency’s increasing prominence within the sports sector.  Bitcoin Becomes Price Of Choice For UFC Winner Brazilian professional Mixed Martial Artist (MMA) and UFC 300 winner, Renato Moicano took to X (formerly Twitter) on April 14, to demand that his $300,000 bonus should be paid in Bitcoin. The declaration came…

In Ethereum news, the second biggest crypto has been on a surge after news of a potential ETF launch later this year. It’s following Bitcoin, and if the ETF is given the go-ahead, the ETH price will absolutely explode. Aptos (APT) has seen some nice gains this past month, so what does the future hold for this altcoin? And what about Raboo - a new crypto that’s aiming to transform the meme space as its presale readies for launch? Ethereum…

A miner wallet from the early years of the cryptocurrency market has awoken from a long slumber, moving its assets to a centralized exchange. According to a tweet by Lookonchain, the wallet moved 50 BTC worth over $3.28 million to the crypto exchange Coinbase in the early hours of the Asian trading session. Miner Wallet Moves 50 BTC The wallet address 15sxzZ earned the BTC after validating a block on April 23, 2010, and has held the cryptocurrencies since then.…

Bitcoin’s price dropped over the weekend on the news of escalating tensions between Iran and Israel. Yet, while the market is filled with fear, the bullish trend may not be over yet. Bitcoin Price Technical Analysis By TradingRage The Daily Chart On the daily chart, Bitcoin’s price has been consolidating in the wide range between $60K and $70K. Following the recent drop, the cryptocurrency has tested the $60K support level. However, BTC has since rebounded and is currently moving toward…

Nicholas Merten has explained how ETF inflows could help Bitcoin hit the $100k milestone. On-chain analyst Ali Martinez has forecasted a 190% increase for Cardano. NuggetRush is one of the bullish altcoins poised to break the $1 barrier soon. With just a week left before the Bitcoin halving, the cryptocurrency market is buzzing with excitement. Nicholas Merten, the host of DataDash, has explained that if the inflows into ETFs remain above 20,000 BTC per week, the leading crypto could soar…