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Bitcoin – Page 40 – BitcoTasks BLOG
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Could Bitcoin Soar To $100,000 With Trump Back In The White House?

Cryptocurrency Market News

Anticipation is at a high degree as the 2024 Bitcoin Conference draws near, driven not just by technical developments but also by the surprising backing of an influential person: Donald Trump. The surprising acceptance of Bitcoin by the former president may change the crypto scene and throw lengthy shadows over political debate and market projections.…

Could Bitcoin Soar To $100,000 With Trump Back In The White House? Read More »

VanEck Predicts Bitcoin Price Could Hit $52.38 Million, Here’s When

Bitcoin

In a new report dated July 24, 2024, from VanEck, the investment firm’s digital assets research team, headed by Matthew Sigel and Patrick Bush, sets forth an exceptional prediction: Bitcoin could soar to a value of $52.38 million per coin by 2050 in their most bullish scenario. The analysis, titled “Bitcoin 2050 Valuation Scenarios: Global…

VanEck Predicts Bitcoin Price Could Hit $52.38 Million, Here’s When Read More »

Ethereum Spot ETF Hype: ETH Whale Activity 64% More Than BTC

Ethereum News

On-chain data shows whale activity on the Ethereum blockchain has been quite high recently due to the excitement around the spot exchange-traded funds (ETFs). Ethereum Whales Showing Significantly Higher Activity Than Bitcoin Ones According to data from the on-chain analytics firm Whale Transaction Count,” which keeps track of the total amount of transfers happening on…

Ethereum Spot ETF Hype: ETH Whale Activity 64% More Than BTC Read More »

Bitcoin Traders Brace for Impact: QCP Capital Signals Incoming Price Drop—Here’s Why

Bitcoin News

Recent analysis from QCP Capital market sentiment, signaling that options traders are bracing for further declines in Bitcoin value. Dissecting the Bearish Sentiment The derivatives market has experienced a notable shift over the past day, with the implied volatility in Bitcoin options decreasing. This indicates that traders are worrying more about the possible downside risks.…

Bitcoin Traders Brace for Impact: QCP Capital Signals Incoming Price Drop—Here’s Why Read More »

Ethereum Whales Take Over, ETH Stuck Below $3,500: What’s Going On?

Ethereum

Ethereum prices are stable at spot rates, moving horizontally even after the United States Securities and Exchange Commission (SEC) approved the list and trading of spot Ethereum ETFs on July 23. Ethereum is trending below the crucial resistances at $3,500 and $3,700 at press time. However, buyers have kept prices above $3,300 as price action…

Ethereum Whales Take Over, ETH Stuck Below $3,500: What’s Going On? Read More »

Bitcoin Price Prints Rare Buy Signal With 84% Win Rate, $80,000 Coming?

Bitcoin

After rising by more than 28% over the 16 days, the Bitcoin price was rejected at key resistance at $68,500 on Sunday. Since then, the BTC price is displaying a slight pullback, but according to Charles Edwards, the founder of Capriole Investments, investors can expect the bullish momentum to continue. Edwards shared the chart below…

Bitcoin Price Prints Rare Buy Signal With 84% Win Rate, $80,000 Coming? Read More »

Mt. Gox Creditors Opt To HODL Bitcoin Rather Than Sell, CryptoQuant Data Shows

Bitcoin News

Amid the recent recovery from a significant price correction of over 25% that sent the Bitcoin price to a 6-month low of $53,500, the largest cryptocurrency on the market has since recovered to trade in the $66,000 to $68,000 range despite the start of Mt. Gox creditor repayments.  Investors, buoyed by prospects of continued price…

Mt. Gox Creditors Opt To HODL Bitcoin Rather Than Sell, CryptoQuant Data Shows Read More »

Is The US Emulating Germany? $4 Million Bitcoin Movement Raises Questions

Cryptocurrency Market News

With a huge sell-off of Bitcoin, the Germany has fundamentally changed the bitcoin scene. Germany has recently offloaded an astounding 49,850 BTC within a few weeks. Executed across many exchanges including Coinbase, Kraken, and Bitstamp, the transactions helped to reduce possible value loss. Apparently, the German government started these sales because of worries about a…

Is The US Emulating Germany? $4 Million Bitcoin Movement Raises Questions Read More »

Ethereum ETFs Launch About To Kickstart The Altseason? Analysts Weigh In

Cryptocurrency Market News

The long-awaited Ethereum Exchange-Traded Funds (ETFs) are finally live, registering over $100 million in volume in the first 15 minutes. Investors expect to see the launch’s impact on the crypto market, while some market watchers believe ETH ETF’s performance will kickstart the Altcoin season. Ethereum Spot ETFs Are Officially Live On Monday, the US Securities…

Ethereum ETFs Launch About To Kickstart The Altseason? Analysts Weigh In Read More »

Analyst Breaks Down Bitcoin’s Potential for Surge and Setback, Reveals 5 Key Trends

Bitcoin News

Leading crypto analyst Willy Woo recently weighed in on the state of Bitcoin, providing commentary on five macro signals influencing how he views the top digital asset. His analysis, noted for its depth and precision, provides a balanced view with three bullish and bearish indicators that could influence Bitcoin’s trajectory shortly. What are The Bullish…

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