BTC

Bitcoin price is moving higher above the $71,200 resistance. BTC is showing positive signs and might soon extend gains above $72,500. Bitcoin climbed higher above $69,500 and $70,000 resistance levels. The price is trading above $70,000 and the 100 hourly Simple moving average. There is a key bullish trend line forming with support near $70,750 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair could accelerate higher if it clears the $72,500 resistance zone. Bitcoin…

The future price and valuation of Bitcoin is a hot topic of debate, with varying predictions from different camps. One sentiment is maintained by most, though, and that is the fact that the cryptocurrency is going to trade at a much higher valuation than it is currently. Skybridge Capital CEO Anthony Scaramucci shares this sentiment, predicting that the Bitcoin market cap will eventually reach half of the gold market cap. Batting For Bitcoin To Capture 50% Of Gold Market Cap…

In the past 24 hours, Bitcoin (BTC) has rallied roughly 5%, surging past $72,000 in an attempt to retouch its all-time high. This upward trajectory has significantly reduced the number of addresses holding the digital asset at a loss. According to data on IntoTheBlock, there are currently zero BTC addresses at a loss as the cryptocurrency hovers around $72,600. Zero BTC Addresses at a Loss A few hours before writing time, a tweet by IntoTheBlock revealed that over 30,000 Bitcoin…

Bitcoin approaches $70,000, defying typical weekend stagnation, with institutional interest and market anticipation at a peak. Anticipated pre-halving momentum and strategic institutional movements signal a bullish trend for BTC. In our latest weekend update, Crypto News Flash (CNF) highlighted Bitcoin’s robust performance, with its price surpassing the $67,000 mark. This surge comes as the cryptocurrency market anticipates the upcoming Bitcoin halving, which is only 12 days away. Notably, despite experiencing a dip earlier in the week, Bitcoin has shown remarkable…

The post Bitcoin Price Prediction 2024-2030: Will BTC Price Cross The $100K Milestone Post-Halving? appeared first on Coinpedia Fintech News Story Highlights Bitcoin price today is 72,346.0643 If Bitcoin sustains above $40K, the BTC price prediction for 2024 predicts it to reach $120,000. The Bitcoin price forecast 2030 projects a meteoric recovery in BTC price to reach $347,783. With the growing inflows in the Bitcoin Spot ETFs back on track, institutional investors are picking back up on the Bitcoin craze.…

Spot Bitcoin exchange-traded funds (ETFs) have pushed BTC to record highs this year. The inflows via these investment vehicles have been strong. And this trend is likely to continue with the upcoming Bitcoin halving event on April 19th nearing. Investor Interest in Bitcoin ETF Remains Robust According to Santiment’s latest analysis, the volume of spot Bitcoin ETFs has remained strong, showing no signs of slowing down even four weeks after reaching its all-time high. Interestingly, trader activity continues to surpass…

The rise in Bitcoin's value since the start of 2024 has been monumental. This has led to investors harboring the possibility of Bitcoin reaching the $80,000 price mark. This article analyzes the feasibility of the top crypto coin reaching such a lofty milestone. Meanwhile, Pullix (PLX) is emerging as a major player in the crypto industry through the introduction of its hybrid exchange platform, where traders can perform high-end trading activities on an immersive interface. More details below. Is it…

The Bitcoin price has somewhat slowed down since reaching the unprecedented high of $73,000, moving mostly sideways since mid-March. However, with the halving event less than a fortnight away, all eyes will be on the premier cryptocurrency and all that pertains to it over the next couple of weeks. According to a recent on-chain observation, the BTC supply on exchanges has been on a steady decline over the past few months. This trend has sparked discussions on what this could…

Embattled crypto lender Genesis Global Capital has continued to ramp up efforts to pay up creditors after filing for bankruptcy protection in January 2023. As part of these efforts, Genesis has now reportedly sold off the entirety of its Grayscale GBTC holdings to acquire a substantial amount of Bitcoin in order to implement its repayment strategy.  Genesis Converts GBTC Shares To Bitcoin In Preparation For Debt Settlement According to a Friday report by Bloomberg Law, Genesis finalized the sale of…