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Bitcoin (BTC)

Is This The Reason Behind Bitcoin’s Price Rally Today?

With just over 20 days until the US presidential election, the race is heading into its decisive phase, and the stakes are high for the crypto industry. Over the past few days, prediction markets have flipped, placing higher odds on Republican and pro-crypto advocate Donald Trump securing a win compared to his Democratic competitor, Vice President Kamala Harris. This political shift to Republicans has contributed to significant inflows of digital assets over the past week....

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Bitcoin Price Analysis: BTC Soars to $65K, This is the Next Target

Bitcoin’s price is finally showing some promising signs of bullish continuation. The big question now is if the consolidation period is over or if this is just a temporary bounce. Technical Analysis By Edris Derakhshi (TradingRage) The Daily Chart On the daily chart, BTC has been consolidating below the 200-day moving average (around the $64K mark) for some time now. However, today’s price action suggests the consolidation period is over, as the daily candle has broken...

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Surfin’Bitcoin : Le passeport européen MiCA, Simplification ou chaos ?

Table ronde dans le cadre de la conférence Surfin’Bitcoin 2024. « Le règlement MiCA, c’est une grande avancée pour certains, mais pour d’autres, une montagne de paperasse pour pouvoir se conformer à la régulation crypto. Alors, est-ce que ce fameux passeport européen va vraiment faciliter la vie des sociétés crypto, ou va-t-il devenir leur plus grand obstacle ? » Avec William O’rorke (ORWL), Pierre Gerard (Scorechain), Frank Manoukian (Regsharp) et Julien Gakpé (BPI France)....

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Russian Investigator Sentenced to 16 Years for Accepting $65M Bitcoin Bribe from Hackers

Russia has sentenced Marat Tambiyev, a former mid-ranking investigator, to 16 years in jail after he was caught accepting a bribe of 1,032 bitcoins, which is currently worth around $65 million, from hackers he was investigating. The bribe originated from members of the Infraud Organization hacking group, which Tambiyev was tasked with probing while working for the Investigative Committee of Russia (ICR). Russia’s Bribery Scandal Tambiev has been with the ICR since 2011,...

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Stablecoin Liquidity is Increasing, What Does This Mean? (CryptoQuant)

Stablecoin dynamics are flashing positive, reaching record highs and boosting liquidity within the crypto market. As historical data shows, this is good news for bitcoin (BTC) and the entire crypto industry because more liquidity often correlates with higher prices. A recent CryptoQuant report revealed that the total market capitalization of major USD-backed stablecoins now stands at $169 billion, representing a 31% or $40 billion increase since the beginning of the year....

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Bitcoin Price Analysis: The 2 Most Probable Scenarios For BTC in the Short Term

Bitcoin’s price remains in a state of indecision, confined within a tight consolidation range bounded by the 100-day and 200-day moving averages. An impending breakout from this range will likely determine the asset’s short-term direction. Technical Analysis By Shayan The Daily Chart Bitcoin has been stuck in a multi-month consolidation between the $55K-$71K price range since March 2024, with no clear trend or direction emerging. This prolonged period of sideways movement...

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The Reason Bitcoin’s Price Increased to $63,000 Today

Bitcoin’s price exploded above $63,000 today, reaching a local high at around $63,400. Even though it has since retraced to where it currently trades at $62,700, this is still a considerable increase of 4% for the past 24 hours. Source: TradingViewIt’s also important to note that Bitcoin has managed to outperform the rest of the leading cryptocurrencies, which are charting marginal gains. So, what are the reasons for this recovery? What could be driving the BTC price up in...

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Bitcoin Price Rockets to $63K but This Viral Meme Coin Takes Center Stage (Weekend Watch)

After a few days of depressing price action, the bulls appear to be finally back in town. The cryptocurrency market added almost $70 billion to its total capitalization over the past 24 hours. This happened on the back of Bitcoin charting a notable recovery in the past 24 hours, bouncing up to $63,000, so let’s have a look. Bitcoin’s Price Stages a Recovery Just a couple of days ago, Bitcoin tumbled below $60,000 and even briefly dipped below $59,000. Fortunately, the bulls...

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How High Can Ripple’s Price Go if the SEC Approves an XRP ETF? (ChatGPT Speculates)

TL;DR An ETF approval could fuel a triple-digit XRP rally in the mid-term (according to ChatGPT). Despite the positive outlook, there is a risk of a “Buy the Rumor, Sell the News” effect, where prices fall after the possible green light. The Potential Price Targets Ever since the launch of exchange-traded funds (ETFs) in the US tracking the performance of Bitcoin (in January 2024) and Ethereum (July 2024), industry participants have been wondering what’s coming next. There...

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