Bitget reports $700M capital inflow in Q2, adds 2.9M users
[Jul 11 5:35 AM] The exchange reported that its BTC, USDT and ETH holdings grew by at least 70%, highlighting a $700 million capital inflow for the quarter.
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Bitcoin Bullish Momentum Above Bearish Trendline: Is $60,152 Mark Within Reach?
[Jul 11 5:00 AM] Bitcoin (BTC) after a successful break above its bearish trendline recently has continued to show strong bullish momentum which may mark a significant shift in market sentiment. As the digital asset continues to strive above the bearish trendline…
Economist Predicts 90% Chance Bitcoin Hits New High By March 2025
German Government Unloads 80% Of Bitcoin Holdings, Leaving Only $890M Behind
[Jul 10 11:00 PM] In recent weeks, German authorities have stepped up the sale of significant amounts of Bitcoin (BTC), resulting in increased selling pressure on the world’s largest cryptocurrency, which has fallen over 20% in the past month. Bitcoin…
Bitcoin Forms Double Top Pattern On 4-Hour Chart, Analyst Reveals Targets
[Jul 10 10:00 PM] The Bitcoin recovery has not been as impactful as expected, failing to break $60,000 even after a return of bullish momentum. Given this, expectations of a bearish reversal have become the norm as analysts do not believe that the pioneer…
Goldman Sachs Embraces Crypto With Three New Initiatives In The Pipeline
[Jul 10 9:00 PM] To capitalize on the growing interest in the crypto industry, banking giant Goldman Sachs is preparing to enter the tokenization sector, with three offerings expected to launch later this year. Goldman Sachs Aims To Capitalize On Tokenization…
Bitcoin Price Hit By Rejection: Will Bulls Stumble Once More?
[Jul 10 8:38 PM] Bitcoin price struggled to clear the $59,500 level. BTC is moving lower and now at risk of more downsides toward the $56,000 level. Bitcoin started another decline from the $59,475 resistance zone. The price is trading above $57,200 and the 100…
Drake Loses Bitcoin Bet Following Canada’s Copa America Exit, ARG Fan Token Soars 40%
[Jul 10 8:00 PM] Canadian rapper Drake lost another Bitcoin bet after Argentina beat Canada 2-0 in the Copa America semifinals. The Argentine Football Association (AFA) fan token soared over 40% following the victory. Bitcoin Bet Lost: Did The ‘Drake Curse’ Do It…
Senate Committee Discusses Strong Federal Oversight of Crypto Markets
[Jul 10 6:31 PM] The Senate Committee on Agriculture, Nutrition, and Forestry held a hearing on Wednesday where Chairwoman Senator Debbie Stabenow stressed the urgent need for robust regulation in the crypto market. The discussion focused on investor protection…
Bitcoin traders ‘under pressure’ after deepest correction since 2022 erases profits
[Jul 10 3:41 PM] 83% of short-term Bitcoin traders saw losses after BTC price recorded its deepest drawdown since 2022.
Bitcoin price faces major ‘summer of 2021’ style correction despite BTC whale buying
[Jul 10 12:19 PM] Bitcoin whales have become accumulators again, but analysts say BTC is still at risk of another sharp correction.
Crypto Analyst Says Bitcoin Could Reach $100,000, But What About Altcoins?
[Jul 10 9:30 AM] A crypto analyst has predicted that Bitcoin (BTC) will surge to $100,000 in a few years. At the same time, he has expressed skepticism about the potential for altcoins to embark on a similar bullish trajectory to new highs. Bitcoin Anticipated To…
German Government Offloads 9,736 BTC in 20 Hours; Reserves Could Deplete by Tomorrow
8 Reasons Why The Bitcoin Bear Phase Is Just A ‘Boogeyman’: Fund Manager
[Jul 10 2:00 AM] While the Bitcoin price hasn’t reclaimed the crucial $60,000 level to reenter the previous 4-month trading range, Ikigai Asset Management Chief Investment Officer (CIO) Travis Kling thinks that the current bearish phase is not more than a…
Bitcoin Loses Correlation With US Equities As Supply Challenges Mount
[Jul 10 1:00 AM] In recent months, the correlation between surging US equities and Bitcoin (BTC) has shown signs of collapse, as the cryptocurrency faces a combination of excess supply and weakened demand that has led to an over 20% price drop from June highs above…
Bitcoin Traders Beware: Analyst Warns Of Potential Traps Amid Price Fluctuations
Bitcoin to the Moon? 300% Growth Predicted By This Latest Crypto Analysis
Bitcoin Price Targets Recovery: Will It Surpass the $60K Mark?
[Jul 9 8:43 PM] Bitcoin price is slowly moving higher above the $56,500 level. BTC might gain bullish momentum if it clears the $58,500 resistance zone. Bitcoin started a recovery wave above the $56,500 and $57,000 levels. The price is trading above $57,000 and…
83% Of All Bitcoin Holders Still In Profit Despite Drop Below $60,000
[Jul 9 8:00 PM] Over the weekend, the Bitcoin price dropped below $60,000 amid rapid selling by major holders such as the German and US governments. This led to one of the largest drops seen for the pioneer cryptocurrency in the last two years, costing the market…
Bitcoin Now Forming Pattern That Last Led To It Blasting Off
[Jul 9 5:00 PM] On-chain data shows that Bitcoin is forming a pattern in its Total Amount of Holders, which last proved bullish for the cryptocurrency. Bitcoin Has Seen A Fall In Its Total Number of Holders Recently According to data from the on-chain analytics…
Dormant 2013 Bitcoin Wallet Springs to Life, Moving Millions Amid Bearish Market
[Jul 9 4:10 PM] On July 9, 2024, a dormant bitcoin wallet transferred 149 BTC at block height 851,440 while bitcoin (BTC) was trading just below $58,000. The wallet, created on Nov. 20, 2013, had remained inactive for over ten years and seven months. At that time…
Bitcoin Trending Below Crucial Support: Do BTC Bulls Have What It Takes?
[Jul 9 12:30 PM] Based on the formation in the daily chart, Bitcoin is at a critical point, price-wise. As the battle between bulls and bears progresses, it is clear that sellers have the upper hand for now despite the recent price stability. BTC Prices At A…
German Government Sells $220.7M in Bitcoin, Retains $1.3B Reserve
[Jul 9 11:16 AM] According to the latest tally, onchain data collected at 12 p.m. EDT on July 9 indicates that the German government has sold 3,840 BTC valued at $220.7 million since 4:30 p.m. EDT on July 8. Bitcoin Holds Strong Amidst Germany’s Selling…
Bitcoin Crash: Here’s What The Data Says About Buying The Dip
[Jul 9 11:00 AM] The on-chain analytics platform Santiment has provided useful insights for investors considering buying the Bitcoin dip. The platform suggested that the worst might not be over as the flagship crypto could still experience further dips from its…
If History Repeats, Bitcoin Price Could Crash 33% Again: Here’s Why
[Jul 9 8:00 AM] The Bitcoin price is already down more than -22% since the mid-March high over $73,000. While BTC is currently stabilizing above $57,000 following the recent price crash, there could be even more downside ahead if history repeats, according to…
German Triggers Bitcoin Crash With Rapid Selling: Here’s How Much BTC They Have Left
[Jul 9 6:30 AM] The price of Bitcoin has crashed again as the German government continues its BTC selling spree. The government has already sold millions of dollars worth of Bitcoin, putting immense pressure on the pioneer cryptocurrency amidst broader market…
Riot Platforms Proposes Comprehensive Plan to Improve Bitfarms
[Jul 8 11:13 PM] Riot Platforms Inc. (Nasdaq: RIOT) has proposed a comprehensive plan to improve Bitfarms Ltd. (Nasdaq: BITF) and has launched a website to detail this strategy. As part of its efforts to acquire Bitfarms, Riot has called for a special…
Massive Mt. Gox Bitcoin Shift Unlikely To Disrupt Prices, Says CryptoQuant CEO
[Jul 8 11:00 PM] Recent developments surrounding the repayment of creditors and investors of the defunct Bitcoin (BTC) exchange, Mt. Gox, have sparked concerns about potential effects on Bitcoin’s price. As the market retraced over 20% from its three-month…
Bitcoin MVRV Ratio At Make-Or-Break Test: Will Support Hold?
[Jul 8 10:00 PM] On-chain data shows that the Bitcoin Market Value to Realized Value (MVRV) ratio is doing a retest that has historically been significant for BTC. Bitcoin MVRV Ratio Is Retesting Its 365-Day SMA Right Now As explained by an analyst in a CryptoQuant…
Legendary Trader Peter Brandt Says Bitcoin Could Crash To $44,000, Here’s Why
[Jul 8 9:00 PM] Veteran trader Peter Brandt has raised the possibility of Bitcoin dropping to as low as $44,000. He predicted this could happen based on a technical indicator that paints a bearish outlook for the flagship crypto. Why Bitcoin Could Drop To $44,000…