Bitcoin ETF outflows hit 170 million dollars in a single day. On September 6, withdrawals reached 170 million dollars, according to Spot On Chain. Fidelity’s BTC was the hardest hit, losing 85 million dollars. Grayscale’s BTC followed with 52.9 million dollars in outflows. This investor exodus points to growing uncertainty. It’s been a rough 1st […]
Understanding Bitcoin: The Foundation of a New Era Bitcoin, a digital currency, has revolutionized how we think about money and investments. Its creation in 2009 by an unknown person or group under the pseudonym Satoshi Nakamoto was driven by the desire for a decentralized financial system, free from the control of governments and financial institutions. […]
Analyst DrProfitCrypto predicts a Bitcoin (BTC) surge of $68000 in the near term following an accurate forecast. Bitcoin (BTC) continues to captivate market participants as well-known analyst DrProfitCrypto on X anticipates a significant price surge. After a precise prediction of last week’s rally to $65000, DrProfitCrypto remains confident in further upside potential. How IOTA, Chainlink, […]
Bitcoin faces strong selling pressure. Bitcoin’s market outlook has taken a bearish turn, with intense selling pressure eroding optimism sparked by the approval of spot Ethereum ETFs. Additionally, the cryptocurrency has been hit hard by a decline in demand, as confirmed by on-chain data and holding patterns that signal a bearish trend. Weeks of stagnant […]
Bitcoin Price Prediction – August 8 The BTCUSD market faces bearish pressure as the price consolidates in the premium zone. A further crash is probably imminent as a bullish reversal is not in view. The moving averages and the RSI (Relative Strength Index) on the BTCUSD chart show a negative trend. The RSI is trading close […]
The exchange plans to release 141,686 BTC, worth billions, to its creditors. The exchange is preparing to distribute 141,686 BTC, currently valued at billions of dollars, to its creditors. Since Bitcoin has surged over 8,500% since the collapse of the exchange in 2014, many creditors are likely to sell their holdings to finally cash in […]
Bitcoin shows bearish signals as the loss percentage mirrors the 2020 bull cycle correction. Bitcoin (BTC) is currently exhibiting bearish tendencies, with many holders experiencing losses. According to CryptoQuant, the percentage of Bitcoin in the loss range 2024 parallels the levels seen during the major correction of the 2020 bull cycle. The current percentage of […]
A whale investor sparks optimism with massive Bitcoin accumulation. Despite Bitcoin’s recent dip to the $66,000 price level, significant optimism has surged within the crypto community due to a substantial purchase by a whale investor. On-chain data reveals that the whale has added 1,300 BTC to their holdings, now totaling 5,800 coins. Bitcoin News: Whale […]
Renowned cryptocurrency analyst DonAlt, known for his accurate Bitcoin predictions, recently highlighted a bullish outlook for BTC. Posting on social media platform X, DonAlt claimed that Bitcoin’s bears have exhausted their defenses, clearing the way for a significant price increase. Bitcoin fractal suggests a historic repeat! Analysts spot a pattern that could lead to a […]
