Bitcoin Price Prediction: BTC Slips to $66,500 Amid Mt. Gox Transfers and Hong Kong’s New ETF

Bitcoin Price Prediction: BTC Slips to $66,500 Amid Mt. Gox Transfers and Hong Kong’s New ETF

Bitcoin (BTC) has struggled to maintain its upward momentum. Recently, it lost traction around the $66,560 level, hitting an intra-day low of $66,416. However, an upward trendline suggests a Bitcoin price prediction. Despite reaching a high of $68,418 yesterday, BTC was unable to sustain its gains and fell below $67,000 by the end of the ... Read more

NFTs Maintain Upward Momentum, Sales Volume Surpasses $107 Million

Non-fungible tokens (NFTs) have continued their upward trajectory for the second consecutive week, with sales volume reaching an impressive $107 million—an 8.5% increase. This resurgence in the NFT market is marked by a substantial rise in both buyers and sellers, indicating a revitalized trading environment and heightened market engagement. Surge in NFT Market Participation The ... Read more
Bitcoin Surges to $67k Amid CrowdStrike Outage

Bitcoin Surges to $67k Amid CrowdStrike Outage

As traditional systems scrambled to resolve the CrowdStrike outage, Bitcoin and the cryptocurrency market surged, highlighting the resilience of decentralized technology. Decentralized Tech Shines During IT Disruption On Friday, a global IT outage caused by CrowdStrike disrupted banks, media, travel, and various everyday operations, affecting over 150 million people. In contrast, the Web3 markets boomed ... Read more
Ethereum Surges Over 15% as ETF Anticipation Grows

Ethereum Surges Over 15% as ETF Anticipation Grows

Ethereum (ETH) has experienced a significant price increase of over 15% in the past two weeks, capturing the attention of investors and analysts. This surge underscores the cryptocurrency’s resilience and potential in a turbulent market environment. Key Factors Driving the Surge Ethereum's upward trajectory began on July 10, spurred by the growing anticipation of regulatory ... Read more
Bitcoin Whale Holdings Reach 2-Year High as BTC Price Soars: Future Predictions

Bitcoin Whale Holdings Reach 2-Year High as BTC Price Soars: Future Predictions

Bitcoin (BTC) has continued its upward trajectory, recently surpassing $66,500 and achieving an intra-day high of $67,366. This bullish rally is significantly attributed to increased Bitcoin whale holdings, reflecting rising investor confidence and supporting the cryptocurrency’s price surge. Surge in Bitcoin Whale Holdings Addresses holding at least 1,000 BTC have reached a two-year high, now ... Read more
Bitcoin Price Prediction: BTC Surges Past $65,500 Amid Election Speculation and Market Optimism

Bitcoin Price Prediction: BTC Surges Past $65,500 Amid Election Speculation and Market Optimism

Bitcoin (BTC), the world's oldest and most valued cryptocurrency, continues its impressive upward trajectory, breaking past the $65,500 mark and reaching an intra-day high of approximately $66,000. This surge has prompted bullish predictions for Bitcoin's price movement. As of now, the global cryptocurrency market cap stands at $2.37 trillion, reflecting a 24-hour gain of 3.44%. ... Read more
Daily Crypto News Digest: Why is Crypto Up Today?

Daily Crypto News Digest: Why is Crypto Up Today?

The global cryptocurrency market capitalization remains unchanged over the past 24 hours, standing at $2.43 trillion, with a total trading volume of $109 billion. Despite an increase in the number of coins in the red zone compared to yesterday, the market remains predominantly green. Market Overview Uniswap (UNI) experienced the largest drop among the top ... Read more
Daily Crypto News Digest: What’s Happening in Crypto Today?

Daily Crypto News Digest: What’s Happening in Crypto Today?

Crypto Market Surge: What's Driving the Increase? The global cryptocurrency market capitalization has surged by 4.5% over the past 24 hours, reaching $2.4 trillion. Total trading volume in the last day is $71.8 billion. Among the top 100 coins, only five have seen price decreases, with Internet Computer (ICP) and Fantom (FTM) experiencing the largest ... Read more
9 Governments Hold $32 Billion in Bitcoin: Their Strategies and Implications

9 Governments Hold $32 Billion in Bitcoin: Their Strategies and Implications

Germany recently completed the sale of its 50,000 Bitcoin (BTC) holdings on July 12, valued at approximately $3 billion. According to Arkham Intelligence, this sale, which began in late June through major exchanges, resulted in a 15% drop in BTC's price. Despite this, several other governments are also holding significant amounts of Bitcoin. Bitcoin Treasuries, ... Read more