Trader’s Warning: Bitcoin Expected to Skyrocket to $19K with Massive Price Pivot Ahead!
Over the past weekend, Bitcoin (BTC) has hinted at potential downside risks as market participants geared up for the July 23 candle close. This sparked anticipation across the trading community, as evidenced in data from Cointelegraph Markets Pro and TradingView. Bitcoin’s Status: A Snapshot BTC/USD 1-hour chart. Source: TradingView Bitcoin was found trading below $30,000, […]
Benjamin Cowen Predicts Massive 40+% Plunge in Altcoins Value Against BTC – Brace Yourselves!
Into The Cryptoverse’s CEO and co-founder, Benjamin Cowen, made a prediction on Twitter earlier today regarding the future of altcoins. According to Cowen, the “altcoin reckoning” is not yet over. This reckoning refers to the drastic devaluation of altcoins against Bitcoin (BTC), the leading cryptocurrency. Cowen speculates that altcoins may still see a 40%-50% decrease […]
Global X ETFs Partners with CoinDesk for Innovative New Bitcoin ETF: A Game Changer
New Bitcoin ETF Tracks BTC Futures and CoinDesk BTC Trend Indicator Index Unlike traditional Bitcoin ETFs which are spot-based, this new ETF is setting the bar high with its innovative structure. Not only will it be monitoring BTC futures contracts, but it also keeps a close eye on the CoinDesk BTC Trend Indicator Index. This […]
Curiosity Peaks as Craig Wright Battles for Bitcoin File Format Copyright!
Introduction Following his appeal to reverse a previous court denial, Wright has received judicial approval to advance his case regarding the functioning of Bitcoin and Bitcoin Cash. Wright argued that these cryptographic entities infringed upon his intellectual property rights, leading to the court’s decision. The Impact of the Court’s Decision The court’s verdict paves the […]
Exclusive Insight: Top Crypto Analyst Reveals All About Bitcoin, Chainlink, and XRP’s Biggest Rival!
Well-known crypto analyst Michaël van de Poppe anticipates a new move in the crypto markets, after a week of mostly sideways trading. Van de Poppe has a solid following, with over 660,100 followers on his Twitter account, where he provides regular analyses and projections on top cryptocurrencies including Bitcoin (BTC), Chainlink (LINK), and Stellar (XLM). […]
Market Watch: Chainlink Soars 7% Amid Cross-Chain Buzz, Bitcoin Hits 18-Day Lull!
Bitcoin’s Price Dips to 18-Day Low Bitcoin’s price took a downward turn in the past 24 hours, reaching an 18-day low of $29,650. This decline is reflective of the overall market sentiment, with most altcoins also turning red. Ethereum (ETH) is close to breaking below the $1,900 mark, while SOL has seen the most significant […]
Unprecedented Demand Skyrockets Bitcoin Price Towards a Staggering $130K High!
Introduction The dynamics of a marketplace, be it one for commodities like fruits and vegetables or more complex markets such as those for financial assets, revolve around the principle of supply and demand. What this means is that prices for items sold are determined at the point where the supply (or availability) of a product […]
Bitcoin Skyrockets to Year High as Judge’s Landmark Ruling Declares XRP isn’t a Retail Security!
Bitcoin Experiences Significant Jump On Thursday, the famous cryptocurrency, Bitcoin, experienced a considerable rise of almost 5%. This surge pushed the value of Bitcoin to $31,809, the highest level since June 2022. This jump in value also reflects the positive trend observed in other cryptocurrencies, making it a noteworthy development for investors and analysts in […]
Bitcoin’s ‘Firm Foundation’ Under $30K: A Groundbreaking Analysis by Glassnode
Introduction The blockchain analytics firm, Glassnode, has provided data-driven insights on the current status of Bitcoin’s supply distribution. The analysis reveals a secure base of investor assets below the $30,000 mark, suggesting robust price support for its present position. Bitcoin’s Profit/Loss Ratio Glassnode’s report highlights the recent balance of Bitcoin’s profit/loss ratio. According to their […]
Bitcoin Grip Slips: Price Maintains $31K Stand, But Loses Momentum!
Bitcoin Price Stability: Observing Key Support Zones Bitcoin’s price has been consolidated above a significant support zone of $30,000. This level is critical in maintaining the digital currency’s positive trajectory. For Bitcoin to maintain an upward momentum, it needs to secure a steady position above the $31,000 and the $31,400 levels. Recent Bitcoin Performance: Positivity […]