Bitcoin: Small holders are hoarding; BTC to $70K again?
Relatively smaller Bitcoin addresses begin to accumulate BTC as prices surge. Profitability remained low, reducing the chances of sell-offs anytime soon. Ever since Bitcoin[BTC] has passed the $70,000 mark and then witnessed a correction, speculation around what will happen next to the…
Bitcoin: FUD to the rescue? Data for BTC suggests…
About 311,000 wallets exited the network in the last 10 days. The 30-day MVRV ratio indicated that the coin could produce more gains. Though Bitcoin’s [BTC] price almost hit $68,000 again, on-chain data showed that the earlier correction led to significant exits….
Bitcoin: Should you expect an ’18-month’ post-halving rally this year?
Massive retracement before the BTC halving event is “not unusual.” An extended rally always ensues the halving event, lasting 6-18 months. Bitcoin [BTC] rebounded following a dovish US Fed rate decision, posted a 9.5% gain, and reclaimed $68K on 20th March…
Bitcoin: ‘Bigger forces than ETF’ a factor, thanks to ‘other players’
GBTC outflows totaling $1.4 billion in a week’s time suggest an increased investor interest. Post-price crash, Bitcoin highlighted bullish sentiment following Jerome Powell’s optimistic announcement. The recent approval of Bitcoin [BTC] Exchange-Traded Funds (ETFs) by the United States Security and Exchange Commission…
Ripple CEO – ‘SEC will lose to Ethereum, just like it did to XRP’
Ripple (CRYPTO: XRP) CEO Brad Garlinghouse has weighed in on the ongoing regulatory challenges faced by the cryptocurrency industry, particularly the battle involving the Securities and Exchange Commission (SEC) and Ethereum (CRYPTO: ETH). What Happened: Garlinghouse in a tweet on X said, “The SEC picked fights with the…
BlackRock Prioritizes Bitcoin In Its Crypto Expansion Efforts, While Ethereum And Others Take A Backseat
The post BlackRock Prioritizes Bitcoin In Its Crypto Expansion Efforts, While Ethereum And Others Take A Backseat appeared first on Coinpedia Fintech News In a recent interview about what BlackRock is planning for crypto sector, Robert Mitchnick, the head of…
Traders Remain Bullish Despite BTC’s Approach to Pre-Halving ‘Danger Zone, Newly Listed Memecoin on Uniswap Set for Significant Returns
The post Traders Remain Bullish Despite BTC’s Approach to Pre-Halving ‘Danger Zone, Newly Listed Memecoin on Uniswap Set for Significant Returns appeared first on Coinpedia Fintech News As Bitcoin teeters on the brink of its pre-halving “danger zone,” traders remain…
Robert Kiyosaki Loves Bitcoin But He Also Loves This Precious Metal, Which ‘Is Still 60% Below Its All Time High’
Robert Kiyosaki, the author of Rich Dad Poor Dad, has been a vocal proponent of Bitcoin (Crypto: BTC) for years. He has even been buying more this year as he has said that not buying Bitcoin is “the biggest mistake…
UN Says North Korea Steals Billions In Crypto To Fund Doomsday Weapons
The United Nations (UN) Security Council has disclosed findings from an investigation into North Korea’s sanction evasion tactics, revealing a significant portion of the country’s foreign currency earnings — approximately 50% — stem from cyberattacks on cryptocurrency-related firms. These cyber…
Bitcoin In ‘Danger Zone’ Ahead Of Halving: Trader Warns Of Potential Price Drop
Even as Bitcoin nose-dived nearly 4% on Friday slipping down to $64,000 levels, the decline comes amid warnings from a pseudonymous crypto trader, who has indicated that the largest digital currency has officially entered the “danger zone,” a period historically…