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Bitcoin Slides Back Below $30,000, But These Metrics Show BTC Bulls Still Anticipating Further Upside
17.7.2023
Bitcoin (BTC) fell back to the south of the $30,000 level on Monday to hit its lowest point since late June in the $29,600s.
The world’s most valuable cryptocurrency network by market capitalization has now pulled back around 6% from the more than one-year highs it hit last Thursday around...
Bitcoin Dominates as Crypto Products Record Largest Consecutive Inflows Since 2021
17.7.2023
Bitcoin (BTC) once again stood out as the top target for investments from traditional fund investors last week, the latest report from crypto research and investment firm CoinShares has revealed.
According to the report, crypto-backed investment funds overall saw $137 million of inflows for...
Bitcoin Price Prediction as BTC Rests on $30,000 Support – Where is BTC Heading Now?
17.7.2023
Bitcoin price is currently trading at $30,283.26, showing a minor increase of 0.05% over the past 24 hours.
The cryptocurrency has found support around the crucial $30,000 level, leading traders and investors to ponder its next direction.
Amidst ongoing market volatility, the stability...
Investigation Reveals Bitcoin's Creator Satoshi Nakamoto Could Be a Group, Not an Individual
17.7.2023
The identity of Satoshi Nakamoto, the enigmatic creator of Bitcoin (BTC), has been a subject of intense curiosity and speculation since the advent of the leading cryptocurrency.
While many envision a single genius behind its inception, there is growing evidence to suggest that Nakamoto...
Bitcoin Price Prediction: Ripple's Legal Win and Global Interest Shape the Market
17.7.2023
Bitcoin price is currently trading at around $30,300, showing less than 0.50% surge during the Asian session on Monday. The recent favorable decision in the SEC vs. Ripple case has impacted the price, bringing it back to the level seen last Thursday.
However, a former SEC official expresses...
Bitcoin Price Prediction as BTC Falls Back Down to $30,000 Support – Where is the Next BTC Target?
16.7.2023
Bitcoin's price has encountered a setback as it falls back down to the key support level of $30,000. At the time of writing, Bitcoin is trading at around $30,330.
Recent news surrounding the cryptocurrency market includes a Coinbase user's claim of account closure by Bank of America due...
Bitcoin Price Prediction as Crypto Markets Suddenly Sell Off – Where is the Next Target?
15.7.2023
In a surprising turn of events, the cryptocurrency market witnessed a sudden sell-off, causing Bitcoin price to plummet by more than 3% from its previous level of $31,750 to $30,290.
The rapid decline has caught many investors off guard and left them wondering about the next target for Bitcoin's...
Bitcoin Price Prediction as $25 Billion Sends BTC Past the $31,000 Resistance – Time to Buy?
14.7.2023
Bitcoin's price has surged significantly, propelled by a massive influx of $25 billion, breaking through the resistance level at $31,000.
Europe has emerged as a frontrunner in the race to introduce a spot Bitcoin exchange-traded fund (ETF), while the United States grapples with concerns raised...
Bitcoin Price Prediction as BTC Dips Back Below $31K as Binance Lays Off 1000 Workers
14.7.2023
A hint of caution has returned to the cryptocurrency market on Friday in wake of the emergence of reports that Binance has laid off roughly 1,000 workers in recent weeks, and that layoffs could continue.
Bitcoin (BTC) slipped back under $31,000 per token on the news, which was first reported...
Wall Street Giants Seek Approval for Bitcoin ETFs Amidst Crypto Industry Turmoil
14.7.2023
The recent regulatory crackdown has not scared Wall Street asset managers like BlackRock, Fidelity and Invesco from applying to list spot Bitcoin (BTC) exchange-traded funds (ETFs), with experts now estimating a 50% chance of approval.
The race to launch an ETF is led by Cathie Wood’s ARK Invest...
Bitcoin Lags Behind Global Market Rally, Raising Caution Among Investors
14.7.2023
The leading cryptocurrency Bitcoin failed to rally with global markets this week triggered by cooling US inflation. The recent decoupling of Bitcoin from the global markets has left investors worried about the token’s outlook.
While S&P 500 and Nasdaq closed at their highest since April 2022...
Bitcoin Price Prediction: BTC Surges Above $31,000 Barrier Following Ripple's Legal Victory Against SEC
14.7.2023
Bitcoin, the leading cryptocurrency, is currently trading at $31,449, marking a notable surge of over 3.5% on Friday.
This surge in Bitcoin's price coincided with Ripple Labs' recent legal triumph in its prolonged three-year battle against the US Securities and Exchange Commission (SEC).
As news...
Bitcoin Price Prediction as BTC Falls 1.4% in 24 Hours – Is the Sell Off Over?
13.7.2023
Bitcoin, currently trading at $30,500, experienced a slight decline of 1.4% within the past 24 hours.
However, there are promising indications that the sell-off may reach its conclusion.
The cryptocurrency surpassed the minor resistance level at $30,400, suggesting a potential continuation...
Europe’s First Spot BTC ETF Is Set For Its Debut in 2023: Here’s What You Should Know
13.7.2023
Europe is set to welcome its first spot Bitcoin (BTC) Exchange Traded Fund (ETF) after a twelve-month delay.
The Jacob Asset Management Group initially secured the approval for the ETF from the Guernsey Financial Services Commission (GFSC) in Oct 2021 but faced setbacks with the firm citing...
Grayscale CEO Michael Sonnenshein Optimistic About Future of Spot Bitcoin ETF
13.7.2023
It is a matter of when, not if, a spot Bitcoin (BTC) exchange-traded fund (ETF) is created, argued Grayscale Investments CEO Michael Sonnenshein.
In a recent Bloomberg interview, Sonnenshein commented on a chance that the investment giant BlackRock might get the first Bitcoin ETF.
BlackRock...
Bitcoin Price Prediction: Government Transfers $300M Worth of Bitcoin, Mining Difficulty Hits All-Time High
13.7.2023
Bitcoin, the world's largest cryptocurrency, has recently seen a decrease in value, currently trading at $30,330, a drop of 1.07% as of Thursday.
With the government reportedly transferring approximately 10,000 Bitcoin, equivalent to over $300 million, investor sentiment seems to be affected. ...
Lawyer Says Argentina Should Bin Dollarization Plans, Adopt BTC
13.7.2023
A prominent Argentine lawyer has told a leading presidential candidate to bin his dollarization plans in favor of a Bitcoin (BTC) adoption drive.
The comments were directed at Javier Milei, a right-wing political leader who has been described as a populist by some commentators.
Milei...
Bitcoin Price Prediction as US Core Inflation Data is Released – Time to Buy?
12.7.2023
The price of Bitcoin is steady at around $30,600, reflecting a nearly 0.50% increase on Wednesday.
The consumer price index saw a 0.2% rise in June, marking a 3% increase from a year ago, the lowest level since March 2021.
With the release of US core inflation data, investors are evaluating...
Billionaire Investor Tim Draper Still Bullish on Bitcoin, Foresees $250,000 Price in the Future – Here's the Timeline
12.7.2023
Billionaire venture capitalist Tim Draper is standing by his Bitcoin (BTC) price prediction of $250,000 per coin - but he’s pushed it forward to 2025.
“When Bitcoin was $4000, I predicted it would reach $250k (60X) by now,” tweeted Draper at the end of last month. The asset traded for roughly...
Bitcoin Price Prediction: BTC Holds Steady at $30,500 as Market Anticipates June Inflation Data Release
12.7.2023
The price of Bitcoin is currently trading at $30,628, reflecting a nearly 0.50% increase on Wednesday.
As the market awaits the release of June inflation data, the cryptocurrency market remains on "standby" to assess the potential impact on Bitcoin's performance.
Notably, five Bitcoin ETFs have...