The month of July has not been kind to the Bitcoin and crypto market, contrary to earlier expectations. Several events have significantly shaken the market, such as the delayed debut of Spot Ethereum ETFs on July 2nd and reports of large BTC sell-offs by the US and German governments. These occurrences have contributed to a
Bitcoin
Opeyemi, a skilled writer, did not originally choose the digital asset industry as his primary focus. However, after diving into the realm of cryptocurrencies over two years ago, he found himself captivated by its complexities. Now, Opeyemi takes pride in unraveling the intricate details of blockchain technology and sharing his insights on the latest trends
Semilore Faleti is a cryptocurrency writer with a specialization in journalism and content creation. His journey in the world of cryptocurrencies began with a wide range of subjects, but he quickly discovered his talent for unraveling the complexities within the blockchain and cryptocurrency space. What draws Semilore to digital assets is their efficiency in storing
Bitcoin’s price has been fluctuating wildly in the past few hours, with a sudden drop below $54,000 on July 5, reminding investors of the intense volatility associated with the market. Over the past seven and thirty days, Bitcoin has been down by 7% and 20.25%, respectively. This unpredictable nature of Bitcoin’s price movements has caught
The impending distribution of 142,000 BTC by the defunct crypto exchange Mt. Gox has stirred significant market anxiety. This amount represents 0.68% of the total Bitcoin supply and is slated for distribution among the exchange’s creditors. Large transfers of 52,633 BTC in recent hours suggest preparations for a large-scale disbursement, raising concerns among market observers
Cryptocurrency expert Michael van de Poppe recently pointed out a crucial indicator suggesting a potential bounce for Bitcoin, following its dip below $60,000. Van de Poppe highlighted in a social media post that Bitcoin’s CME gap has closed, indicating a possible relief bounce from its current price level. According to his analysis, Bitcoin is expected
The recent crash in the crypto market has left investors in a state of panic, particularly those holding Bitcoin and altcoins. The price of Bitcoin has been falling steadily, leading to tens of thousands of traders losing their positions and facing significant losses. In just the last 24 hours, the market has seen a substantial
Despite the overall negative sentiment in the cryptocurrency market, Bitcoin investors holding more than $600,000 worth of BTC have been steadily accumulating more coins over the last six months. According to data from Santiment, wallets holding more than 10 BTC have increased their collective holdings by 1.07% in this time period, adding up to over
Crypto analyst Quinten François has painted a remarkably optimistic picture of Bitcoin’s future trajectory, suggesting that the flagship cryptocurrency could surge to as high as $4.5 million. He pointed out the significance of Bitcoin’s fourth halving and claimed that the real action is just getting started. According to Quinten, Bitcoin is currently situated at the
Fundstrat’s head of research, Tom Lee, has once again made headlines with his prediction that Bitcoin will surge to $150,000. This bullish outlook on the pioneer cryptocurrency has sparked a debate among investors and analysts alike. While some believe in Lee’s optimistic forecast, others remain skeptical about the feasibility of such a sharp price increase.
