Vitalik Unloads MakerDAO Tokens, Boost in Bitcoin ETF Confidence, and Other Weekend Highlights

Сообщение Vitalik Unloads MakerDAO Tokens, Boost in Bitcoin ETF Confidence, and Other Weekend Highlights появились сначала на Coinstelegram.

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Weekend Wrap: Vitalik offloads MakerDAO tokens, confidence for Bitcoin ETFs and more

Ethereum co-founder Vitalik Buterin has sold his remaining MakerDAO, while confidence has remained high for upcoming spot Bitcoin ETF approvals.

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Bitcoin futures show renewed confidence amidst price surge

Earlier this week, Bitcoin broke above the $27,000 barrier on the news about Grayscale’s court victory against the SEC. The decision marks a pivotal win for Grayscale and carries profound ramifications for upcoming spot Bitcoin ETF applications.

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Tether Energy Readies To Mine Bitcoin – A Vote Of Confidence For BTC?

Three months after announcing their plans to engage in Bitcoin mining in Latin America, Tether, the issuer of the world’s largest stablecoin USDT, is readying to deploy their first rigs. According to chief technology officer Paulo Ardoino, Tether Energy is operationalizing their miners at a disclosed location in Latin America.  Tether Energy All Set To Mine […]

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Bitcoin Cash (BCH) Large Transactions on the Rise – Can Price Reclaim $250?

On-chain data shows that a recent EDX Market announcement has buoyed Bitcoin Cash whales’ confidence after last week's altcoin market crash. But will it be enough to trigger another BCH price rally? The post Bitcoin Cash (BCH) Large Transactions on the Rise – Can Price Reclaim $250? appeared first on BeInCrypto.

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Bitcoin difficulty jumps 6% to new peak as miners ignore BTC price dip

BTC price action is causing some to panic, but Bitcoin miner confidence in the network is there for all to see.

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Bitcoin support levels to watch as BTC price aims at $28K

BTC price still has “heavy support” at the $28,000 mark, with confidence in place that Bitcoin can avoid a deeper retracement.

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Does Litecoin’s halving provide clues ahead of Bitcoin’s next April?

Key Takeaways The next Bitcoin halving is slated for April 2024, the fourth of Bitcoin’s existence Litecoin has just undergone its fourth halving, but the price effects of Litecoin halvings in the past have not been as strong Sample size is small meaning it is hard to conclude with confidence whether halvings have tangible price […] The post Does Litecoin’s halving provide clues ahead of Bitcoin’s next April? appeared first on CoinJournal.

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Top 3 Tokens To Watch As Bitcoin Charges Above $30K: $TON, $SOL & $HBAR

As Bitcoin regains momentum and surpasses the $30,000 mark, the entire cryptocurrency market is experiencing a renewed sense of confidence. This resurgence in Bitcoin’s value has brought about a ripple effect in the altcoin space, with several coins showing signs of life.

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Bitcoin Bull Mike Novogratz Says There's No Risk of Run on Tether

Galaxy Digital CEO Michael Novogratz signals a positive shift in institutional investment towards cryptocurrency, highlighting both a robust return of traditional players to the market and a steady confidence in Tether's stability

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Bitcoin: These indicators signal an early bull market for BTC

A low Reserve Risk implied that prices were low and HODLer confidence was high.  Long-term holders store nearly 75% of all Bitcoins in circulation. Crypto circles have been flooded with speThe post Bitcoin: These indicators signal an early bull market for BTC appeared first on AMBCrypto.

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13% of Crypto Hedge Funds Have Closed in 2023 Despite Bitcoin Climbing 75%

Compared to Bitcoin, cypto hedge funds have underperformed in 2023. against this backdrop, investors have lost confidence and 13% of funds shuttered since the begining of the year. The post 13% of Crypto Hedge Funds Have Closed in 2023 Despite Bitcoin Climbing 75% appeared first on BeInCrypto.

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DOGE, MKR, OP and XDC gather strength as Bitcoin price remains range-bound

Bitcoin’s price consolidation is giving altcoin traders confidence that DOGE, MKR, OP and XDC could break out.

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Bitcoin sees first outflows in a month as Ethereum, XRP enjoy investors’ confidence

Digital assets investment products recorded $6.5 million in outflows this week after four consecutive weeks of inflows totaling $742 million, Coinshares reported on July 24. This week’s outflows break the longest streak of inflows since late 2021, coinciding with the recent market downturn that saw Bitcoin’s (BTC) price dump to its lowest value since June […] The post Bitcoin sees first outflows in a month as Ethereum, XRP enjoy investors’ confidence appeared first on CryptoSlate.

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XRP Unseats Bitcoin As The Most Traded Crypto Asset, Demonstrating High Confidence

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Cathie Wood, ARK Invest still anticipate $1.5M Bitcoin after US banking crisis

ARK Invest CEO Cathie Wood has expressed that the company’s confidence in Bitcoin reaching a price of $1. 5 million within the next decade has increased. On Bloomberg TV on July 17, Wood commented that the aftermath of the regional banking crisis in March has made ARK’s “bull case” for Bitcoin increasingly likely.

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Bitcoin to $1.5 Million? Cathie Wood Says Her Confidence Has Increased

Renowned investor and Ark Invest CEO Cathie Wood has made bold prediction about future of Bitcoin, estimating its value could reach $1.5 million per coin

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Bullish: Bitcoin On-Chain Metrics Now Approaching Levels Associated With Re-Accumulation Period

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Bitcoin And Other Crypto Funds See Institutional Inflows For Second Week In A Row

Institutional investors seem to be regaining confidence in cryptocurrencies as for the second week in a row, crypto investment funds saw net inflows from investors. According to a report from digital asset manager CoinShares, investments in digital asset funds increased by $125 million during the last week, making this the second consecutive week of inflows. […]

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Why Microstrategy’s BTC purchase may open institutional flood gates

MicroStrategy adds to its Bitcoin portfolio with the latest $347 million purchase. BTC addresses holding over 1,000 BTC started buying BTC showing confidence in the coin.  Bitcoin [BTC] migThe post Why Microstrategy’s BTC purchase may open institutional flood gates appeared first on AMBCrypto.

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How High Can Bitcoin Price Rise Due To Spot ETFs? Running The Numbers

The recent Bitcoin rally has led to speculation that the price could rise further with the introduction of spot ETFs. The arrival of ETFs, especially from reputable companies such as BlackRock and Fidelity, could boost institutional investor confidence and lead to a surge in the Bitcoin price.

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Bitcoin gets leg-up from Chinese liquidity: Here’s why this is important

Bitcoin’s latest upside received a confidence boost from the East. Sell pressure remains at bay despite Bitcoin dipping into overbought territory.  A few weeks ago we looked into China’The post Bitcoin gets leg-up from Chinese liquidity: Here’s why this is important appeared first on AMBCrypto.

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Over 86% of unspent Bitcoin in profit as BTC continues to trade above $30k

The cryptocurrency market has been a whirlwind of activity over the past week, with Bitcoin (BTC) seeing the most notable uptick, climbing over the $30,000 mark for the first time in two months, a crucial psychological milestone that could return much-needed confidence to the market.

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Bitcoin in Peter Schiff’s books: Valid views or skeptic critic?

Schiff mentioned that Bitcoin's rally might put a stop to the uptick enjoyed by other assets outside the crypto market. Long-term holders displayed high confidence in BTC as Schiff's favorite lThe post Bitcoin in Peter Schiff’s books: Valid views or skeptic critic? appeared first on AMBCrypto.

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First Mover Asia: Bitcoin Holds Firm Above $30.1K as Investors Relish BlackRock, Other Spot BTC ETF Filings

ALSO: Crypto may enduring "a crisis of confidence," but the recent filings for spot bitcoin ETFs by large institutional investors is a promising sign, said an eToro analyst.

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Bitcoin Price Breaks Above $30,000: Is The Bull Run Back On?

Bitcoin price is back above $30,000 for the second time in 2023, with bulls hoping it not only holds this time, but leads to renewed confidence in the crypto market. Is this a sign the bear market is over and the bull run is back on? Or is this just a bear market rally that will result in new lows eventually? Let’s take a closer look at the latest price action.

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Bitcoin Dominance Surges To 50% As BlackRock ETF Filing Fuels Investor Confidence

Bitcoin is again at 50% market dominance, indicating that the cryptocurrency now accounts for half of the total crypto market cap, valued at $1. 052 Trillion. According to data from Tradingview, Bitcoin’s total market dominance crossed above 50% yesterday, June 19, for the first time in months.

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Bitcoin Resistance At $26,600: A Make Or Break Moment For Bulls

Bitcoin (BTC) is currently consolidating above the crucial $26,000 level, a key threshold for the world’s largest cryptocurrency to continue its upward momentum and reach higher levels.   The recovery of this price mark on June 15th has given BTC holders renewed confidence, with the highly anticipated news of Blackrock, the largest fund manager in the world with over $10 trillion under its management, announcing a formal application for a new spot Bitcoin Exchange-Traded Fund (ETF) has further boosted their optimism.

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Bitcoin unfazed by SEC suing Coinbase and Binance

The SEC is suing Coinbase and Binance, in yet another scandal in the crypto industry  Bitcoin price remains unfazed A bullish breakout might be triggered by the Fed not hiking the funds rate again  The cryptocurrency industry faces, yet again, another test of confidence.

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Could Tradecurve Win Ethereum Classic (ETC) And Bitcoin Cash (BCH) Investors In 2023

The launch of Tradecurve’s presale has boosted the confidence of crypto enthusiasts who have long been waiting for the next market bull run. The project has showcased an immense potential for sustained prosperity, and significant market recognition.

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Maybe Bitcoin didn’t bottom? SEC lawsuit against Binance shakes BTC bulls’ confidence

Bitcoin’s price dropped to $25,500 after the SEC announced a lawsuit against Binance and Changpeng Zhao, a move which also has BTC bulls wondering if the bottom is truly in.

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BTC traders, read this before you lose confidence!

Bitcoin might already have started its next bull run according to address activity. Short-term sell pressure still a function of the run-up as evidenced by profit-taking in the near term. BiThe post BTC traders, read this before you lose confidence! appeared first on AMBCrypto.

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Bitcoin [BTC]: Outflows ripple through the market as investor confidence takes a dip

Digital investment products saw outflows of $54 million last week. While investors focused their attention on BTC and short-BTC, altcoins logged inflows Outflows from digital asset investmenThe post Bitcoin [BTC]: Outflows ripple through the market as investor confidence takes a dip appeared first on AMBCrypto.

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Americans Lose Confidence in the Economy and Bitcoin Isn’t Helping

Rising inflation and 10 consecutive interest rate hikes have led to American losing confidence in the economy. But is Bitcoin helping? The post Americans Lose Confidence in the Economy and Bitcoin Isn’t Helping appeared first on BeInCrypto.

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Warren Buffett dumps $13.3B in stocks — A warning sign for Bitcoin and risk assets?

The “Oracle of Omaha” has increased Berkshire Hathaway’s cash holdings by $2 billion in Q1, signaling his decreasing confidence in risk assets.

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Uwerx (WERX) Presale Ignites Widespread Interest: Price Outlook for (ETC) and (BCH)

Bitcoin Cash (BCH) and Ethereum Classic (ETC) are showing improvement, and confidence is returning. This is even though the overall crypto market is jittery. But for people looking towards a larger profit chance, Uwerx is standing out as an attractive option.

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On-Chain Data Shows Bitcoin Network Activity is Slowing Down

The current slowdown in Bitcoin network activity could have significant implications, such as reduced market confidence, shifts in market dynamics, increased risk of market correction, and stunted innovation and adoption.

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Bitcoin on-chain fundamentals stay solid as investors hold tight amid exchange outflows

Glassnode data reveals long-term holding trends and exchange net outflows for bitcoin, indicating increased investor confidence.

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Bobby Lee is enthusiastic about BTC’s future

During a recent interview on Bloomberg TV, a notable player in the cryptocurrency industry Bobby Lee voiced confidence in the future of bitcoin. 

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Former Coinbase CTO predicts this about the future of BTC but here's the hitch

Former Coinbase CTO Balaji Srinivasan has reiterated his confidence in his famous million dollar projection for Bitcoin. Balaji believes that if USD loses its status as the global reserve curreThe post Former Coinbase CTO predicts this about the future of BTC but here's the hitch appeared first on AMBCrypto.

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Draper's Unwavering $250K Bitcoin Prediction: Here's When He Says It Will Happen

Draper expressed confidence in the staying power of cryptocurrencies, dismissing the likelihood of Bitcoin fading away

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Bitcoin [BTC]: Indicators point at a bull cycle, and on-chain data reveals...

BTC's NUPL suggests that the coin has commenced a new bull cycle. However, increasing coin dump indicates a lack of investors' confidence.  In a new report, CryptoQuant analyst Sachi found The post Bitcoin [BTC]: Indicators point at a bull cycle, and on-chain data reveals... appeared first on AMBCrypto.

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How Bitcoin Helped Me Find The Courage To Write This Article

For years, I lived a life of self-imposed limits. But the Bitcoin community has given me the confidence to share my perspective.

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Investors gaining confidence in crypto again – 3 reasons you should invest in GameFi arcade Metacade

The first two weeks of 2023 saw promising price action for the rest of the year, as Bitcoin rose 40% and brought much of the market with it. Axie Infinity rose 75%, while Decentraland skyrocketed 169%.

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Bitcoin Derivatives Market Volumes Show Bullish Trend After 2022 Downturn

Bitcoin continues to see a bullish uptrend across the board, with the derivatives market volume witnessing an upturn in fortunes. BTC prices in futures contracts have begun to exceed spot market prices indicating that traders are gaining confidence in the derivatives market.

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Bitcoin’s 20% Pump A Result of Reduced Consumer Index – Crypto Exec

Bitcoin’s recent 20% pump from a price of $16,000 to $21,425 signifies that investors are, once again, renewing their interest and confidence in cryptocurrencies, and comes after the latest inflation data showed a fall of 0.

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Op-ed: What happens to Bitcoin if Binance goes down?

After the spectacular collapse of the United States cryptocurrency exchange FTX, investor confidence in the cryptocurrency ecosystem is very low. The post Op-ed: What happens to Bitcoin if Binance goes down? appeared first on CryptoSlate.

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Bitcoin Exchange Exodus Continues as Self-Custodied Supply Hits New High

Crypto investors are still moving their Bitcoin off exchanges, but not necessarily to sell it. The amount of BTC held off-exchange is now at its highest-ever level suggesting long-term confidence in the asset.

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Binance Sees Largest Bitcoin Withdrawal In Its History, BTC Rally Set To Benefit?

The largest crypto exchange in the world, Binance has experienced the most significant Bitcoin withdrawal in its history, per recent data. The company might face a bank run as crypto investors’ confidence continues to decline following the collapse of trading venue FTX and a U.

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