BTC

A CryptoQuant analyst has revealed that Bitcoin (BTC) still faces the risk of a deeper price correction even as the halving event draws near. According to a Quicktake by Gaah on the on-chain analysis platform, the crypto market is still hot as it is in a dangerous price region for leveraged traders. Significant pressure could trigger a correction that would break bitcoin’s current price structure. BTC Faces Correction Risk At the time of writing, open interest for Bitcoin hovered around…

Tokenized debt facilitates new investment opportunities in El Salvador’s real estate through Bitcoin. Investors can engage with a minimum of $1,000, enjoying returns and benefits like free accommodation. In a significant move, El Salvador, following a detailed financial report by CNF, is once again at the forefront of integrating cryptocurrencies into its financial landscape. The country is making headlines with its latest venture, the financing of a new Hilton hotel using Bitcoin-powered tokenized debt. Financing Innovation through Tokenized Debt The…

Bitcoin’s price slipped to and under $70,000 yesterday, but the asset has reclaimed that level despite the growing outflows from Grayscale’s BTC ETF. Most altcoins are slightly in the red today, led by losses from TON, NEAR, ARB, FIL, APT, and WIF. BTC Back to $71K It was just a little over a week ago when the price of primary cryptocurrency tumbled hard amid reports that the US government plans to sell more BTC. The asset had fallen to $64,500…

There are roughly 21,000 Bitcoin options contracts due to expire on Friday, April 12. These have a notional value of around $1.5 billion, which is slightly higher than last week’s expiration event. Additionally, crypto markets have been relatively stable this week, with total capitalization hovering at just over $2.7 trillion, and Bitcoin is dominating market movements. Bitcoin Options Expiry Today’s tranch of expiring Bitcoin derivatives has a put/call ratio of 0.62, meaning there are almost twice as many call (long) contracts…

The post Will Bitcoin (BTC) Price Hit New ATH in Less Than 10 Days appeared first on Coinpedia Fintech News Bitcoin Halving is just 10 days away! Altcoin Daily expresses optimism in his YouTube video about Bitcoin’s price potential, suggesting that it is consolidating at all-time highs and poised for a significant breakout. The recent surge in Bitcoin’s price and the anticipation of further gains have sparked significant excitement in the cryptocurrency community. With Bitcoin consolidating at all-time highs, many…

Bitcoin price is holding gains above the $69,200 zone. BTC could gain bullish momentum if it clears the $70,800 and $71,250 resistance levels. Bitcoin is attempting another increase above the $70,000 zone. The price is trading above $70,000 and the 100 hourly Simple moving average. There is a connecting bearish trend line forming with resistance at $70,800 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair could gain bullish momentum if it clears the $71,250…

The post Just in time for BTC halving: Solana star meme coin Lucky Boo released last 1% of tokens at a presale price appeared first on Coinpedia Fintech News Thursday, April 11, 2024 – With the Bitcoin halving event on the horizon, all eyes are on Memecoins, and Lucky Boo Token is leading the pack with the launch date set to match the biggest event in the crypto world. Built on the Solana blockchain, it boasts an exceptional presale performance…

Bitcoin, one analyst notes on X, is looking healthy for the first time since the coin soared to over $70,000, printing all-time highs back in March 2024. The assessment is due to funding rates dropping to within ordinary levels, an indicator that volatility is also falling and moments of fear of missing out (FOMO) are fading.  Funding Rates At “Normal Levels” As FOMO Dissipates In crypto perpetual trading, the funding rate is the fee exchanged between market participants. These fees are…

Bitcoin’s (BTC) rally back to $70,000 has caused the value of meme coins to increase, making them the most profitable group among altcoins. According to a tweet by Santiment, the meme coin sector has experienced remarkable growth over the past week, regardless of their apparent lack of utility and the crypto community’s unfavorable stance on their existence. Meme Coins Dominate Altcoin Sector Santiment explained that speculative asset growth, as seen in the meme coin space, has been one of the…