Bitcoin price started a strong increase and broke the $62,000 resistance level. BTC is showing positive signs and might rise toward the $63,200 level. Bitcoin gained bullish momentum above the $60,500 resistance zone. The price is trading above $61,500 and the 100 hourly Simple moving average. There is a key bullish trend line forming with…
Read more
The price of bitcoin climbed 2.7% over the past 24 hours, reaching an intraday peak of $60,423 per token. For over a week, BTC remained below the $60,000 mark. However, on Sunday morning at 4 a.m. EDT, it surpassed this threshold for the first time in 11 days. BTC Rises to $60,423, Marking 2.7% Increase…
Read more
Bitcoin went on a downward spiral in the first week of July to strike a bottom below $54,000 amidst an exacerbated selloff by some large holders. Various reports using on-chain data have blamed the selloffs on the German state of Saxony selling the bitcoins it seized earlier in the year. Despite this considerable selloff, Bitcoin…
Read more
Rich Dad Poor Dad author Robert Kiyosaki has renewed his bitcoin buy recommendation, noting that Wall Street is loading up on the cryptocurrency. He urged investors to seize opportunities amidst challenging circumstances. The famous author recently predicted that bitcoin could soar to an astounding $10 million following an economic crash. Robert Kiyosaki Recommends Buying More…
Read more
North Carolina Attorney General Josh Stein has issued a warning about bitcoin ATM scams, following numerous complaints. The alert outlines tips to avoid such scams, emphasizing caution with unsolicited requests for cryptocurrency payments, online relationships turning financial, verifying investment advice, and avoiding get-rich-quick schemes. Victims are urged to report scams to local law enforcement and…
Read more
Jamie Coutts, the chief crypto analyst at Real Vision, has highlighted an indicator that paints a bullish picture for Bitcoin (BTC). Based on this indicator, the crypto analyst suggested that a reversal might already be on the horizon for the flagship crypto. Bitcoin Hashrate Decline Is Slowing Coutts mentioned in an X (formerly Twitter) post…
Read more
According to crypto intelligence firm Arkham, the German government’s bitcoin holdings soared by 9,000% in one day, thanks to donations from Bitcoin enthusiasts. Germany had liquidated a $2 billion bitcoin cache through major exchanges, finishing on Friday and leaving its BTC wallet empty until donations started coming in. German Government Now Has More Bitcoin The…
Read more
In what is being hailed as a significant victory for the Bitcoin market, the German government has officially depleted its Bitcoin reserves after holding 50,000 BTC in its wallet just months ago. Bitcoin Wallet Now Empty After Massive Selling Spree Data from market intelligence firm Arkham shows that the German government recently transferred the remainder…
Read more
Although Bitcoin recent price plunge has sent several Altcoins on a free fall, with declines ranging from 30% to 70%, there appears to be a beacon of hope set to shine through the murk. The recent Bitcoin Halving in April is what the altcoin market needs to recover and surge beyond its highest levels. Bitcoin…
Read more
A recent analysis from CryptoQuant has revealed that institutional investors have shown a notable level of activity in the Bitcoin market, snapping up a substantial 100,000 BTC over just one week. Particularly, in the past month, these entities with wallets holding 1,000 to 10,000 BTC have shown massive inflow levels that effectively match what was…
Read more
