btcusd – Page 21 – BitcoTasks BLOG

In The Works: Jersey City Mayor’s Plan To Introduce Bitcoin ETFs Into Pension Funds

July 26, 2024

In a significant development showcasing the growing adoption of cryptocurrencies within traditional financial systems, the Jersey City pension fund is in the process of allocating an undisclosed percentage of its assets to invest in Bitcoin ETFs. Jersey City To Join Wisconsin In Bitcoin ETFs Investment According to Jersey Mayor Steven Fulop, the city’s pension fund…

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Crypto Backs Donald Trump: $4 Million War Chest In Bitcoin, XRP For Re-election

July 26, 2024

Bitcoin News

Former President Donald Trump is set to deliver a keynote address at the 2024 Bitcoin Conference in Nashville, Tennessee, this weekend, amid growing speculation that Trump may announce Bitcoin as a strategic reserve asset for the United States. This move could have a significant impact on the entire cryptocurrency industry. Bitcoin Contributions Support Trump and…

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Bitcoin Mining Giant Marathon Digital Makes Major $100M BTC Acquisition

July 26, 2024

Bitcoin News

Marathon Digital (MARA), one of the largest Bitcoin (BTC) mining companies, has recently announced a substantial acquisition of $100 million worth of Bitcoin. This significant purchase, detailed in a recent company statement, has increased Marathon’s Bitcoin holdings to over $1 billion at current prices, showing the company’s confidence in the future price appreciation of the…

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Crypto Analyst Says Bitcoin Is Headed For $260,000 But This Must Happen First

July 26, 2024

Bitcoin

A crypto analyst has predicted that Bitcoin (BTC), the world’s largest cryptocurrency, is on track to reach an unprecedented $263,000. However, he also emphasized that this bullish surge to new all-time highs is contingent on Bitcoin meeting specific market conditions. Bitcoin Set For Massive Rally To $263,000 In an X (formerly Twitter) Cup with Handle…

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Bitcoin Price Recovers Lost Ground: Is the Bull Run Back?

July 26, 2024

Btc

Bitcoin price found support near the $63,500 zone. BTC is now rising and showing positive signs above the $65,500 resistance zone. Bitcoin formed a base and started a fresh increase above the $65,000 resistance zone. The price is trading above $65,500 and the 100 hourly Simple moving average. There was a break above a key…

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

July 25, 2024

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.…

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Bitcoin Price Falls Again: Is Bearish Momentum Returning?

July 25, 2024

Btc

Bitcoin price started another decline below the $66,500 level. BTC is gaining bearish momentum and might revisit the $63,200 support. Bitcoin started a fresh decline from the $68,500 resistance zone. The price is trading below $65,500 and the 100 hourly Simple moving average. There was a break below a key bullish trend line with support…

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

July 24, 2024

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…

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

July 24, 2024

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…

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Bitcoin Price Dips: Is This the Start of a Fresh Downside?

July 24, 2024

Btc

Bitcoin price struggled below the $68,500 resistance zone. BTC is correcting gains and might decline further below the $65,500 support zone. Bitcoin started a correction wave from the $68,500 resistance zone. The price is trading below $66,500 and the 100 hourly Simple moving average. There was a break below a key bullish trend line with…

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Bitcoin Enters Final Wave 5 As World Events Signal Massive Surge

July 23, 2024

Bitcoin

Bitcoin started the new week in an uptrend, signaling a return of bullish sentiment among crypto investors. This bullish sentiment has continued to propel the price forward with $70,000 remaining the major target from here. According to one analyst, this recovery signals an entrance into the final wave, which is Wave 5, that could send…

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