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Bitcoin – Page 35 – BitcoTasks BLOG
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‘Not All Hope Is Lost’: Crypto Analyst Weighs In On The Market’s Performance

Cryptocurrency Market News

As the crypto market faces another drop, a pessimistic sentiment surged again. Some investors seem to fear that altcoins won’t take off this cycle and that they have lost their chance of profiting from the bull run. However, renowned analyst Altcoin Sherpa weighed in on the matter, suggesting that the market is set up to…

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Fox’s Tucker Carlson Drops Bombshell: Did The CIA Create Bitcoin?

Bitcoin

The real identity of Satoshi Nakamoto, the creator of Bitcoin, has remained a mystery despite Bitcoin being a decade and a half old. It has become the best kept secret in crypto, leading to various theories of who the creator might be. Many theories have pointed to prominent figures, with software developer Craig Wright claiming…

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Research Firm Predicts Bullish Bitcoin Breakout For Q4: 4 Key Reasons

Bitcoin

Matrixport, a digital asset financial services group born from Bitmain, an industry leader in Bitcoin mining, projects a bullish breakout for Bitcoin in the upcoming fourth quarter of 2024. In their latest research report titled “Matrix on Target: Bullish Prospects for Bitcoin in Q4,” the firm provides four reasons to be bullish in the upcoming…

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Bitcoin Down But Not Out: BTC To $700,000 Highly Probable Says Analyst

Bitcoin News

Bitcoin remains volatile at spot rates. Despite the spectacular recovery yesterday, August 1, the downtrend remains, at least for now. Specifically, looking at the candlestick arrangement in the daily chart, there could be more growth once prices break $70,000. Before then, traders are closely monitoring price action aware that there could be more losses, pushing…

Bitcoin Down But Not Out: BTC To $700,000 Highly Probable Says Analyst Read More »

Bitcoin ETFs On A Buying Spree, Scoop Up Nearly 300,000 BTC Since January

Bitcoin News

Regulated spot Bitcoin ETFs (exchange-traded funds) in the United States have seen a resurgence in inflows following significant selling pressure over the past two months that sent the largest cryptocurrency on the market to a 6-month low of $53,500 on July 5. Bitcoin ETFs And Institutions Now Control 9% Of Total Supply Data from analytics…

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Would Bitcoin Fall Below $60,000 Again? Analyst Reveals A Concerning Trend For BTC

Bitcoin News

Amid the continuous blend of bulls and bears from Bitcoin in recent months, Trading Guru Peter Brandt has shared in his latest downward trend. The legendary trader said in a recent post on Elon Musk’s social media platform X: “The series of lower highs and lower lows continues.” What Are the Implications Of This Pattern…

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Why Did This Crypto Whale Spend $400 Million Buying Bitcoin Yesterday?

Bitcoin

On-chain data shows a particular Bitcoin whale who accumulated almost $400 million between July 30 and 31. This whale is believed to have purchased the flagship crypto, having seen an opportunity to profit massively thanks to Bitcoin’s recent price action.  Bitcoin Whale Purchases Almost $400 Million Worth Of BTC On-chain analytics platform Lookonchain revealed in…

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Bitcoin’s Price Potential: Analyst Maps Path To $700,000 And Beyond

Bitcoin News

Bitcoin has been on a rollercoaster ride ever since it reached its all-time high (ATH) of $73,737 back in March. However, regardless of that, several analysts and traders in the crypto community remain persistent in their bullish outlook for the asset. An example is Willy Woo, a well-known figure in the crypto sector. Earlier today,…

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Bitcoin Makes Third Retest Of Historical Support, Analyst Sounds Alarm

Bitcoin News

An analyst has warned that support levels weaken the more they are retested and Bitcoin is now doing a third consecutive retest of a major such level. Bitcoin Is Again Retesting The Short-Term Holder Realized Price As explained by CryptoQuant community manager Maartunn in a new Realized Price” here refers to an indicator that, in…

Bitcoin Makes Third Retest Of Historical Support, Analyst Sounds Alarm Read More »

Hoskinson Claims Cardano Will Flip Bitcoin As Leading Crypto

Cryptocurrency Market News

In an interview with the hosts of “Altcoin Daily,” a popular cryptocurrency-focused YouTube channel, Charles Hoskinson, the founder of Cardano, made bold assertions about the future of Cardano in relation to Bitcoin. Addressing nearly 1.5 million subscribers, Hoskinson laid out a vision for Cardano that he believes will not only compete with but eventually surpass…

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Bitwise CIO On Bitcoin: ‘We’re Not Bullish Enough’ – Here’s Why

Bitcoin News

Matt Hougan, Chief Investment Officer (CIO) of Bitwise, claims in a new memo to investors following the 2024 Bitcoin Conference that the market may not be bullish enough about the future of BTC. The conference was a watershed moment that attracted massive political attention and could influence the future trajectory of Bitcoin heavily. Why You…

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