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Insights on Buy the Dip Opportunity of Bitcoin
4.7.2024
The potential of the ‘Buy the Dip’ opportunity for Bitcoin is examined by cryptocurrency market experts. The Buy the Dip opportunity is a strategy that involves purchasing digital assets or cryptocurrency when their prices experience a temporary decline in the marketplace. The current trends in...
Bitcoin Hits New Low Since February, Options Market Stays Optimistic
4.7.2024
According to the latest data, $305.43 million was liquidated across crypto derivatives exchanges when bitcoin dipped below $57,000. One analyst predicts that with the Mt Gox and German government sell-offs, “supply will likely outstrip demand.” Conversely, QCP Capital notes that...
$207 Million Invested in AI, Crypto and Blockchain Startups in 96 Hours
4.7.2024
Based on data from the past four days, 14 distinct artificial intelligence (AI), cryptocurrency and blockchain startups and projects secured approximately $207.28 million in investor funding. The leading entity for July is Sentient, an open-source AI platform, which garnered $85 million from...
Bitcoin price hits a two-month low; $50k support
4.7.2024
The downward movement of Bitcoin’s prices appears to be accelerating as a result of concerns about the use of pressure tactics in sales. This was the general observation of the non-functioning exchange, Mt. Gox, as traders maintained a distance from the token. The most sought-after...
PEPE Trembles as Mpeppe (MPEPE) Popularity Soars – Is This the End of the Meme Coin Rivalry?
4.7.2024
PRESS RELEASE. The world of meme coins has been dominated by Pepe (PEPE) for quite some time. However, a new contender, Mpeppe (MPEPE), is rapidly gaining traction, posing a significant challenge to Pepe (PEPE)’s supremacy. As Mpeppe (MPEPE) continues to attract a growing number of investors...
Bitcoin Spot ETFs Bleed as BTC falls to $57K
4.7.2024
Bitcoin is down, and so is the rest of the crypto industry. Spot Bitcoin Exchange Traded Funds (ETFs) have suffered outflows as the market declines. At the time of this writing, Bitcoin (BTC) is worth $57,990, showcasing a 5.1% price drop in a week. BTC ETFs join the crypto doomsday The United...
Justin Sun Wants to Buy All Bitcoins Held by German Government
4.7.2024
Tron founder Justin Sun has publicly offered to negotiate with the German government to purchase their entire Bitcoin holdings off-market. This proposal comes in response to Germany’s recent large-scale Bitcoin sell-off. I am willing to negotiate with the German government to purchase all...
Tron Founder Justin Sun Offers to Buy German Government’s BTC Stash Amid Price Drop
4.7.2024
Amid the bitcoin price decline and the German government transferring millions of dollars worth of BTC, Tron founder Justin Sun announced on X that he is prepared to purchase the remaining BTC from the German government. “I am willing to negotiate with the German government to purchase...
Bitcoin Price Fluctuates as Mt. Gox Begins BTC Activity
4.7.2024
As the cryptocurrency market braces for the billion-dollar Bitcoin repayment from Mt. Gox, recent wallet activity has sparked discussions. While the movements are small, they’ve ignited speculation about the timing and method of the upcoming massive payout. Decoding the Recent Bitcoin...
Justin Sun offers to buy German gov’ts $2.3B Bitcoin stack to minimize market impact
4.7.2024
The government-linked wallet has been steadily selling its holdings, threatening to create continued Bitcoin selling pressure
German Government Dumps 1300 Bitcoin, Holds 40,359 BTC
4.7.2024
The German government has transferred another stash of Bitcoin to major cryptocurrency exchanges. This action, occurring amidst a broader market downturn, has raised questions about its potential impact on Bitcoin’s price. Breaking Down the Bitcoin Transaction According to blockchain...
Bitcoin Dips to $56,952 as Market Reacts to Mt Gox and German BTC Moves
4.7.2024
On Thursday, July 4, 2024, the price of bitcoin fell below $57,000, reaching a low of $56,952 at 5:20 a.m. EDT. There is widespread speculation about the Mt Gox distribution and the German government’s transfer of approximately 3,000 bitcoin to unidentified wallets, Coinbase, Bitstamp,...
South Africa Approves 63 Crypto Asset Service Provider License Applications
4.7.2024
South Africa’s financial services industry regulator announced on July 2 that it had approved an additional 63 crypto asset service provider license applications. The Financial Sector Conduct Authority (FSCA) has received a total of 383 applications, with only five being declined. Notably,...
Bitcoin Drops Under $58K: Whales Move Millions
4.7.2024
The second half of 2024 has begun with a heavy crypto market bleed. At the time of writing, Bitcoin (BTC) is worth $57,728.50, a notable 4.5% decline in the last 24 hours. According to CoinGecko, today’s global crypto market cap stands at $2.24 trillion, having lost a 5.38% market share....
QED Protocol Raises $6 Million for Scaling With Bitcoin-powered Tech
4.7.2024
PRESS RELEASE. HONG KONG, JULY 4, 2024 — QED Protocol, the first zk-native execution layer for powering the Web3 ecosystem emerging on Bitcoin, announced today that it has raised $6 million in a funding round led by Blockchain Capital. The fresh influx of capital furthers QED’s mission of utilizing...
$100M Bitcoin liquidated as BTC drops: Will ETF investors panic sell?
4.7.2024
Despite BTC falling below the realized price of ETF buyers, ETF holders did not panic sell, but a deeper correction remains on the horizon
Bitcoin Nosedives Under $58K Amid Mt. Gox, German Government Wallet Movements
4.7.2024
A wallet belonging to a German official entity moved its largest stash of BTC to exchanges earlier today, while Mt. Gox wallets showed activity for the first time in a month
Bitcoin will crash to $50K, 10x Research warns
4.7.2024
According to 10x Research, Bitcoin’s potential drop below $50,000 is linked to dwindling buy flows and accelerating sell flows
German gov’t transfers $172M in Bitcoin to multiple locations
4.7.2024
The German government’s latest Bitcoin transfers could impact the market significantly, as it moves 3,000 BTC to various crypto exchanges and an unknown wallet
Bitcoin Drops Below 200-Day Average; Bull Market Trendline in Focus
4.7.2024
Markets that consistently trade below the 200-day SMA are said to be in a downtrend