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Bitcoin Price Bounces Back To $64,500 But Is It Enough To Avoid Drop?
[Apr 29, 2024 9:04 PM] Bitcoin price found support at $61,800 and recovered higher. BTC jumped to $64,500 and is currently consolidating gains above $63,500. Bitcoin started another increase after it found support near the $61,800 zone. The price is trading above $63,500…
Bitcoin’s Profit Crunch: Hash Price Hits Record Low Post-Halving—What’s Next For Miners?
China Asset Management Exec Anticipates Hong Kong Spot Bitcoin ETFs to ‘Exceed’ US Debut
[Apr 29, 2024 7:34 PM] With the debut of spot bitcoin and ethereum exchange-traded funds (ETFs) in Hong Kong trading on Tuesday, market observers are speculating about the potential demand for these ETFs in the region, reminiscent of the enthusiasm seen in the U.S…
Bitcoin Dominance: Traders Preferring The OG To Dogecoin & Other Altcoins
[Apr 29, 2024 6:00 PM] On-chain data suggests Bitcoin has recently experienced an influx of investors while Dogecoin, Cardano, and other altcoins have seen a slowdown. Bitcoin Total Amount Of Holders Rise While Altcoins See Flat Movement According to data from the…
Bitcoin Price Prediction For May: Crypto Analyst Predicts Breakdown To $42,000
[Apr 29, 2024 5:00 PM] Crypto analyst DonAlt has outlined a scenario where the Bitcoin price could drop to as low as the mid-$40,000. He further suggests that this price breakdown might be necessary for the continuation of BTC’s bull run. How Bitcoin Could Drop To…
Microstrategy Boosts Bitcoin Holdings to 214,400 BTC With Latest Purchase
$59,600: Analyst Explains Why Bitcoin Must Stay Above This Level
Cracking the Crypto Code: ETH/BTC Signals The Next Altcoin Explosion – Here’s How
[Apr 29, 2024 3:00 PM] Recently, a seasoned crypto investor, Daan Crypto Trades, offered a fresh perspective on evaluating altcoin market sentiment. Daan believes the ETH/BTC ratio is a superior indicator of altcoin market sentiment over the SOL/BTC ratio, showing data…
Bitcoin Wavers Around $63K, Awaiting Hong Kong Spot Crypto ETF Debut
[Apr 29, 2024 2:48 PM] Despite muted anticipation for the new products, an executive of one of the issuers reportedly expects that the first-day issuance of the Hong Kong offerings will exceed the U.S. debut in January.
MicroStrategy Q1 Operating Loss of $53.1M After Bitcoin Holdings Impairment Charge of $191.6M
[Apr 29, 2024 2:33 PM]
MicroStrategy Bought 122 Bitcoin In April, Now Holds 214,400 BTC
[Apr 29, 2024 2:29 PM] MicroStrategy, a leading business intelligence and software company, has continued its steadfast commitment to Bitcoin by purchasing an additional 122 BTC in April at a total cost of $7.8 million, Founder & Chairman Michael Saylor announced…
This Bitcoin Metric Foreshadowed Recent Price Drops, Quant Reveals
[Apr 29, 2024 12:30 PM] A quant has pointed out how a Bitcoin metric may have detected selling pressure in the market, and therefore, the subsequent price drops, in advance. Bitcoin CDD Registered Spikes Before Recent Price Plunges In a new post on X, an analyst has…
7 AI Chatbots Predict Bitcoin’s Price Post-Halving; See $80K-$100K by Year-End
[Apr 29, 2024 12:12 PM] On April 28, 2024, the price of bitcoin was coasting along at $62,900 per unit as of 7:28 p.m. Eastern Time (ET). Since then, the price fell below the $62K mark by Monday morning ET, only to climb back above $62,000 by mid-afternoon. It has been…
Price analysis 4/29: SPX, DXY, BTC, ETH, BNB, SOL, XRP, TON, DOGE, ADA
[Apr 29, 2024 11:46 AM] Bitcoin and altcoins are falling toward strong support levels, which appear likely to hold in the short term.
GBTC Reserves Dip Below 300,000 BTC Amidst 3 Weeks of Crypto Fund Outflows
Bitcoin Long-Term Outlook: Analyst Foresees Peak In Late 2025
[Apr 29, 2024 10:00 AM] Following the fourth Bitcoin Halving, Rekt Capital, a popular cryptocurrency trader and expert, has offered a compelling narrative on the future trajectory of Bitcoin, predicting that the crypto asset could peak this bull cycle in the following…
CryptoQuant Analyst Reveals Signal That Shows Bitcoin Is Still Very Bullish
[Apr 29, 2024 8:00 AM] The Bitcoin price movement in the past few days after the halving event has left many investors wanting. Particularly, price data shows the crypto failed to settle above $65,000 las week. At the time of writing, Bitcoin is trading at $62,105, down…
First Mover Americas: Bitcoin, Ether Sink Amid U.S. Stagflation Fears
[Apr 29, 2024 7:26 AM] The latest price moves in bitcoin (BTC) and crypto markets in context for April 29, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.
Legendary Trader Predicts When Bitcoin’s Bull Run Will End
[Apr 29, 2024 6:30 AM] In a recent analysis, veteran trader Peter Brandt delved into the price behavior of Bitcoin, suggesting that the cryptocurrency might have reached its peak for the current cycle. According to Brandt, Bitcoin is exhibiting signs of…
Bitcoin Trades At Slight Premium in Yen Terms Amid Suspected BOJ Intervention
[Apr 29, 2024 5:31 AM] The Japanese yen swung wildly on Monday, recovering 500 pips from over three-decade lows on suspected BOJ intervention.
Worst month since 2022 bear market? 5 things to know in Bitcoin this week
[Apr 29, 2024 3:43 AM] Bitcoin is on course for 12% losses in April, and with the monthly close just days away, it could end up sparking the weakest BTC price action in more than a year.
Bitcoin ETF Slowdown Is a Short-Term Pause Not the Beginning of a Negative Trend: Bernstein
[Apr 29, 2024 2:57 AM] Investment platforms will take some time to establish the necessary compliance framework to sell bitcoin ETF products, the report said.
Chart Veteran Who Predicted Bitcoin’s 2018 Collapse Says the Bull Market May Be Over
[Apr 29, 2024 1:17 AM] Brandt's latest view is based on a statistics concept called "exponential decay."
Australian Securities Exchange Could Approve Spot-Bitcoin ETFs Before 2024-End: Bloomberg
[Apr 29, 2024 12:50 AM] The Australian Securities Exchange (ASX), which accounts for 90% of Australia's equity market, is expected to approve the first spot-Bitcoin {BTC} exchange traded funds (ETFs) before the end of 2024, Bloomberg has reported, citing people familiar…
Bitcoin top $70K or $210K? Analysts, price models clash over BTC cycle peak
[Apr 29, 2024 12:05 AM] Veteran trader Peter Brandt sparked debate after suggesting BTC may have already hit its peak this cycle, but even he didn’t put much stock in the theory.
Veteran Trader Peter Brandt Suggests BTC May Have Topped, Predicts a Decline to Mid-$30K
[Apr 28, 2024 11:20 PM] According to veteran pro trader Peter Brandt, bitcoin may have peaked when it achieved a new all-time high of $73,835. However, there is a possibility that it could now decline to the mid-$30s or even lower, Brandt said. Interestingly, Brandt…
Bitcoin, Ether Nurse Losses as U.S. Stagflation Fears Grip Market
[Apr 28, 2024 10:32 PM] The crypto market is balancing the threat of stagflation against a liquidity injection from the Treasury General Account (TGA), and the launch of Hong Kong's bitcoin ETFs.
Solo Bitcoin miner wins the 3.125 BTC lottery, solving valid block
[Apr 28, 2024 9:46 PM] The solo miner netted around $200,000 in rewards for validating block 841,286.
Bitcoin Price Grinds Lower As Bears Aim For New Monthly Low
[Apr 28, 2024 9:15 PM] Bitcoin price struggled to settle above the $65,000 zone. BTC is again moving lower and there is a risk of more downsides below $62,000. Bitcoin started another decline after it failed to surpass the $64,000 resistance zone. The price is trading…