Bitcoin metric calls 'local bottom' as traders eye sub-$60K BTC price – TradingView

Bitcoin BTCUSD With major BTC price indicators seeing room for growth, it suggests a third “local bottom” could occur in 2024. The latest research published by on-chain analytics platform CryptoQuant on August 8th shows bullish indications from the network value-to-transaction golden cross (NVT-GC) tool. BTC price is “overly depressed” Bitcoin is at risk of collapsing […]
RFK Jr. promises BTC strategic reserve, dollar backed by hard assets – Cointelegraph

Independent presidential candidate Robert F. Kennedy Jr., speaking to an audience at the Bitcoin2024 event on July 26, praised the role Bitcoin will play in improving the U.S. economy and the American way of life, and promised to sign several executive orders to start that process on his first day in office. Bitcoinization by Presidential […]
Is Shiba Inu (SHIB) Losing $0.000017? Three Solana (SOL) Price Levels to Watch, Secret Bitcoin (BTC) Chart Pattern You Shouldn't Miss – U.Today

Read U.TODAY Google News Despite the sudden surge in selling pressure, Shiba Inu easily avoided a drop and secured the $0.000017 threshold to avoid a significant price correction, however, the prevailing market sentiment could push SHIB lower in value. Shiba Inu has recently been able to hold a position at the $0.000017 level, a resilience […]
What’s next for Bitcoin price now that German gov't BTC balance hits zero? – TradingView

On July 12, the X social network was in uproar after multiple on-chain data outlets and independent analysts announced that the balance of the German government’s Bitcoin wallet had reached zero, with some in the group suggesting that Bitcoin (BTC) prices would surge as the supposed selling pressure had been removed from the market. Despite […]
Bitcoin index falls to ‘extreme fear’ as BTC fails twice to breach $60K – Cointelegraph

The Crypto Fear and Greed Index, a gauge that tracks market sentiment towards Bitcoin and cryptocurrencies, fell to “extreme fear,” its lowest level since January 2023. The Crypto Fear and Greed Index fell to “Extreme Fear” for the first time in 18 months. Source: Alternative.me The sharp drop came as the price of Bitcoin (BTC) […]
German Gov’t $354M BTC sell-off: Yet more volatility incoming? – Cointelegraph

A wallet named after Arkham Intelligence’s German Government (BKA) has an additional 6,000 bitcoin (worth $354 million) stored in preparation for the next BTC sale. So far, 5,853.409 Bitcoin (BTC) has been sent to addresses associated with exchanges such as Coinbase, Kraken, and Flow Traders, as well as other unconfirmed or unverified addresses. The next […]
0.1 BTC Might be Enough to Retire by 2038 – ZyCrypto

Despite Bitcoin’s recent price drop, HODLers may take comfort in long-term price predictions: According to one X analyst, 0.1 Bitcoin could allow one to retire in 2038. He based these calculations on certain set parameters that focus on a gradual decline in the US dollar due to heavy central bank manipulation. How much will Bitcoin […]
3 reasons why Bitcoin analysts think a BTC price 'cycle top' is in – Cointelegraph

The price of Bitcoin (BTC) has fallen 2.25% over the past 24 hours and is currently 16% below its all-time high of $73,835 hit on March 14. BTC/USD daily chart. Source: Trading View Bitcoin prices have fallen 8.75% over the past 30 days and 5.5% over the past three months. BTC prices have slumped in […]
Mt. Gox’s Bitcoin repayment: Will $9B BTC dump sink prices again? – AMBCrypto News

The notorious bankrupt cryptocurrency exchange Mt. Gox will return $9 billion worth of Bitcoin to creditors. Interest in a Bitcoin ETF has also grown significantly in recent days. Bitcoin [BTC] The recent price rally has created optimism across the cryptocurrency market, but this optimism may not last long. Will Mt.Gox lead to further Bitcoin losses? […]
Peter Thiel: Most of Bitcoin (BTC) Value Has Been Extracted By U.Today – Investing.com

U.Today – Billionaire investor Peter Thiel recently shared his thoughts on the current state of , arguing that most of its potential value has already been achieved. According to Thiel, the price of Bitcoin is not likely to rise significantly at this point. He said he does not believe Bitcoin will rise dramatically from here […]