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On September 6, Bitcoin broke below its key support range of $55,724 to $73,777, triggering a sharp decline to an intraday low of $49,000, last seen on August 5. The cryptocurrency market experienced a major downturn, with BTC plunging to a one-month low of approximately $53,000, fueling bearish sentiment across the market. This drop led […]
The post Bitcoin Technical Analysis Report | 9th September 2024 appeared first on ZebPay.
Recent data from IntoTheBlock reveals a significant shift in Bitcoin ownership dynamics. Addresses holding between 100 and 1,000 BTC now control 20.3% of the circulating supply, equivalent to approximately 4.01 million BTC. This represents a notable 5% increase from 3.82 million BTC just six months ago, indicating a robust accumulation trend among large holders in […]
The CIO rebutted a more bearish take by investment researcher Jim Bianco, who noted that 85% of Bitcoin ETF uptake is NOT from tradfi institutions.
Bitcoin and crypto institutional product outflows underscore what is becoming a standard September for BTC price performance.
Matthew Sigel, Head of Digital Assets Research at VanEck, refuted previous assertions made by Bernstein that the US election would directly affect Bitcoin. Investors are taking notice of this counterargument, which downplays the impact of the 2024 US presidential election on the BTC surge. Sigel made an interesting observation on
BTC, the largest cryptocurrency by market cap, has bounced back from the $52.62K support level on Friday, showing…
Amid the current market sentiment, Metaplanet, a Japanese corporation, revealed ambitions to buy additional Bitcoin (BTC). Members of the eleventh series of stock purchase rights were notified by the corporation. As investors focus on macroeconomic variables, speculations about the price of Bitcoin are sure to continue in the next weeks.
Over the last eight days, a total of $1.2 billion has been removed from eleven different spot bitcoin exchange-traded funds (ETFs) in the US. According to Bloomberg statistics released on September 9, investors pulled about $1.2 billion out of the eleven spot Bitcoin (BTC) exchange-traded funds (ETFs) from August 30
"I'm getting excited about the $ETH chart. The bullish divergence is still valid and a higher low has been made," one popular analyst said.
The meme coin market has seen many entrants, with each trying to capture the excitement and attention of crypto investors. Among these, Mpeppe (MPEPE) has rapidly risen to prominence, surpassing meme giants like Brett (BRETT) and Pepecoin (PEPE). The question on everyones mind is: why has Mpeppe (MPEPE) become bigger than its competitors in such [...]
The post Why Has This New Casino Cryptocurrency Coin Became Bigger Than Brett (BRETT) and PEPE? appeared first on Crypto Breaking News.
Experts continue to see substantial potential in Bitcoin, even as its price has experienced significant volatility in recent weeks, dropping…
The post Bitboy Boldly Predicts Bitcoin Cycle Top at $146,641 Despite Ongoing Turbulence first appeared on The Crypto Basic.
Recent data indicates that Bitcoin Exchange-Traded Funds (ETFs) have experienced a notable drop in total assets, falling to $46 billion. …
The post Bitcoin ETFs Slip to $46B, Sparking Debate on TradFi Adoption Hopes first appeared on The Crypto Basic.
Binance, the largest crypto exchange, has recently published details concerning assets it holds for users in line with its ongoing…
The post Bitcoin, XRP, and Shiba Inu Deposits Fall on Binance Amid Shift to Stablecoins first appeared on The Crypto Basic.
Ethereum price is attempting a recovery wave above $2,280. ETH must clear the $2,360 resistance to continue higher in the near term. Ethereum is attempting a recovery wave from the $2,150 zone. The price is trading below $2,320 and the 100-hourly Simple Moving Average. There was a break above a key bearish trend line with [...]
The post Ethereum Price Recovery May Stall Near 100-SMA: Is a Drop Coming? appeared first on Crypto Breaking News.
Finncil dvisr Suz Ormn, rnownd uthor nd host of th “Womn & Mony” podcst, rcntly ndorsd Bitcoin ownrship, but with msurd cution. In n intrviw with CNBC, Ormn, who hostd Th Suz Ormn Show from 2002 to 2016, dvisd tht individuls should considr dding BTC to thir portfolios, though only wht thy r comfortbl losing. […]
Bitcoin price remained supported near the $52,500 zone. BTC is recovering losses and facing hurdles near the $55,200 and $55,500 levels. Bitcoin is struggling to recover above the $55,500 zone. The price is trading below $55,200 and the 100 hourly Simple moving average. There is a key bearish trend line forming with resistance at $55,200 [...]
The post Bitcoin Price Rebounds, But Could the Downtrend Return? appeared first on Crypto Breaking News.
Michael Saylor, the co-founder and chairman of MicroStrategy, sets an ambitious target for Bitcoin (BTC), the worlds largest cryptocurrency by…
The post MicroStrategy Chairman Michael Saylor Sees Bitcoin Hitting $13,000,000 first appeared on The Crypto Basic.
Analysts at Bernstein have predicted that Bitcoin would surge considerably if Trump wins and capitulate if Harris wins. The dwindling…
The post Bernstein Predicts Bitcoin Will Hit $90,000 if Donald Trump Wins and $30,000 if Kamala Harris first appeared on The Crypto Basic.
10x Research, a digital asset research platform for traders and institutions, has unveiled a foreboding forecast for the price of Bitcoin (BTC). Highlighting current market conditions and Bitcoins recent price dynamics, the research firm projects a massive price crash to $45,000 soon. Bitcoin $45,000 Price Crash Incoming 10x Research has released a report outlining several market [...]
The post Crypto Research Firm Identifies Why The Bitcoin Price Could Crash To $45,000 appeared first on Crypto Breaking News.
Bitcoin has faced significant price fluctuations marked by a notable crash on August 5 that saw its value dip to $49,000. This was followed by a rebound to approximately $65,000, only to experience another decline to around $52,000 last Friday. Despite these challenges, the largest cryptocurrency by market capitalization is undergoing crucial support retests, reminiscent [...]
The post Bitcoin Support Retests Reflect September 2023 Patterns: Is Another Bull Run Coming? appeared first on Crypto Breaking News.
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