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Bitcoin Price Prediction: BTC Hits $60,500 in Descending Channel, Potential Sell-Off Looms
19.4.2024
As Bitcoin hovers around $60,547, analysts warn of more declines within a descending channel, raising concerns about future sell-offs.
The post Bitcoin Price Prediction: BTC Hits $60,500 in Descending Channel, Potential Sell-Off Looms appeared first on Cryptonews
Over 27,700 BTC ($1.72 Billion) Moves into Accumulation Addresses Amidst Bitcoin’s Dip Below $63,000
18.4.2024
As Bitcoin experienced a dip below $63,000, a recent report reveals a surge in BTC accumulation, with over 27,700 BTC ($1.72B) moving into accumulation addresses. Technical analyst Ali Martinez highlighted this trend, suggesting a strategic pivot towards long-term holding amidst market volatility...
Bitcoin may fall below $60K before ‘Hate Halving Rally’: Crypto Analyst
18.4.2024
A cryptocurrency analyst with IncomeSharks predicts that Bitcoin could soon trade for less than $60,000. Such a fundamental change may lead to a contagion effect where investors start to sell their shares leading to a further decline. According to IncomeSharks, this decline would eliminate...
Bitcoin Price Prediction as BTC Bounces From $60,000 Level – More Selling Incoming?
18.4.2024
As Bitcoin navigates the uncertain waters around $61,650 after a 4% decline, the looming April 20 halving could catalyze further market turbulence.
The post Bitcoin Price Prediction as BTC Bounces From $60,000 Level – More Selling Incoming? appeared first on Cryptonews
The Lightning Network Is Beneficial For Small-Scale Bitcoin Miners Pre-Halving
18.4.2024
As the Bitcoin halving event draws near, small-scale miners face challenges like increased transaction fees and payout difficulties. The Lightning Network provides a solution, offering instant, low-cost payouts and enhanced privacy. Here's how mining pools like NiceHash and Braiins leverage...
Bitcoin Price Prediction: Anticipating $150K Post-Halving Amid Market Corrections
17.4.2024
Amidst a volatile market, Bitcoin's price hovers at $61,577, with Bernstein projecting a surge to $150K post-halving, reflecting robust future growth.
The post Bitcoin Price Prediction: Anticipating $150K Post-Halving Amid Market Corrections appeared first on Cryptonews
BTC Bears Eye Break Below $60,000 as ETF Flows Slow, Macro Headwinds Grow – Here’s Where the Bitcoin Price is Headed Next
17.4.2024
Bitcoin (BTC) bears are eyeing a break below the key psychological $60,000 level, with ETF flows having slowed this week, and macro headwinds continuing to pile up, with some predicting that the Bitcoin price could be headed towards $50,000 next.
The post BTC Bears Eye Break Below $60,000 as...
Bitcoin miners troubled by fresh legislation in Norway
17.4.2024
Bitcoin miners in Norway are seemingly extremely troubled by the fresh set of legislations being passed, which will come with more stringent rules about the data centers that are running their businesses in the country. As per the legislation, it is now mandatory to formally register all data...
GBTC Continues to Lead Outflows as Bitcoin Spot ETFs See Net Outflow of $58M
17.4.2024
Grayscale GBTC experienced a net outflow of $79.38 million from Bitcoin spot ETFs, contributing to its historical net outflow of $16.46 billion, while BlackRock ETF IBIT saw a net inflow of approximately $25.78 million.
The post GBTC Continues to Lead Outflows as Bitcoin Spot ETFs See Net Outflow...
Bitcoin Price Prediction as $40 Billion Trading Volume Comes In – Did Whales Buy the Dip?
17.4.2024
Amid a $40 billion trading surge, Bitcoin steadies at $63,900, sparking debates on whether whales capitalized on the recent dip
The post Bitcoin Price Prediction as $40 Billion Trading Volume Comes In – Did Whales Buy the Dip? appeared first on Cryptonews
Bitcoin Mining Stocks Plummet as Miners Face Reduced Revenue Post Halving
17.4.2024
Bitcoin mining companies are experiencing a significant decline in their stock prices as they face reduced revenue due to an upcoming code update for the largest cryptocurrency.
The post Bitcoin Mining Stocks Plummet as Miners Face Reduced Revenue Post Halving appeared first on Cryptonews
What makes the integration of Sports and Bitcoin a mutual victory?
17.4.2024
Bitcoin, a cryptocurrency independent of the central bank, is currently one of the major players disrupting global financial transactions. The sports sector has recently seemed more willing to use Bitcoin for transactions and sponsorships. This collaboration is a win-win: sports organizations...
Runes Will “Close The Gap” Between Bitcoin and Ethereum: Franklin Templeton
17.4.2024
Runes tokens could usher in a DeFi market on Bitcoin that rivals that of Ethereum and Solana, Franklin claims.
The post Runes Will “Close The Gap” Between Bitcoin and Ethereum: Franklin Templeton appeared first on Cryptonews
Bitcoin Supply On Exchanges Has Almost Depleted, Says Bybit
17.4.2024
Between ETF inflows and the upcoming halving, Bybit says exchanges may soon run out of Bitcoin to sell.
The post Bitcoin Supply On Exchanges Has Almost Depleted, Says Bybit appeared first on Cryptonews
Bitcoin Price Prediction as BTC Crashes Before Halving – Is The Bull Market Over?
16.4.2024
With Bitcoin's halving event on the horizon, traders and analysts closely monitor technical indicators to predict the next major price shifts.
The post Bitcoin Price Prediction as BTC Crashes Before Halving – Is The Bull Market Over? appeared first on Cryptonews
Hut 8 Cuts Mining Costs By 30% At New Salt Creek Facility
16.4.2024
Hut 8 has quickly kickstarted its new Texas facility after relocating its mining machines from other sites.
The post Hut 8 Cuts Mining Costs By 30% At New Salt Creek Facility appeared first on Cryptonews
After Bitcoin’s halving, will Altcoins be able to weather the storm?
16.4.2024
A standard Bitcoin halving has the same effect on altcoins as it does on Bitcoin’s supply and demand. Fans and investors in cryptocurrencies are interested in the response of altcoins to Bitcoin. In the face of the Bitcoin halving, alternative cryptocurrencies encounter a multitude...
Bitcoin price slips as halving nears: History repeats itself
16.4.2024
Global influences have had a huge effect on fiat currencies and cryptocurrencies, with markets resulting in a sharp decline in Bitcoin values. The present trading scenario has pushed the value of Bitcoin to decrease, suggesting that a bearish sentiment persists in the market. This trading scenario...
10x Research Founder Who Predicted Bitcoin’s Pre-Halving All-Time High Turns Bearish
16.4.2024
10x Research Founder Markus Thielen who predicted Bitcoin’s recent pre-halving rally to all-time highs has turned bearish on risk assets such as technology stocks and cryptocurrencies.
The post 10x Research Founder Who Predicted Bitcoin’s Pre-Halving All-Time High Turns Bearish appeared first...
Bitcoin sales can rise around ‘Halving,’ says Crypto.com CEO
16.4.2024
It is anticipated that Bitcoin will undergo its fourth halving in April 2020. The largest cryptocurrency has temporarily fallen from its all-time peak. However, the Crypto.com CEO believes that BTC can rise in sales by around halving. Kris Marszalek recently talked about how Bitcoin’s halving...