Bitcoin weathers turbulent April, down 11% amid tax sell-offs, gold surge, and geopolitical tensions

Quick Take April has been a turbulent month for Bitcoin, with its price trading around $70,000 at the start of the month before encountering a series of challenges that brought it to local lows just below the $60,000 mark.

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Bitcoin’s weekend dip shakes out short-term holders

Bitcoin saw a significant dip over the weekend, with BTC dropping from $70,090 on April 11 to $64,400 on April 13.  Despite the initial fears of a broader conflict in the Middle East developing and a potential market downturn beginning, Bitcoin’s price managed to stabilize at around $66,000 as of April 15.

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Bitcoin's Halving May Be Here Sooner Than You Know (Again)

Several months ago, the halving was expected to take place on April 28; now it's on track to land on April 18. Blame the surge in bitcoin's price, which has attracted more mining power and sped up the network.

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Crypto Expert Reveals Why Bitcoin Could Hit $200,000 By April

A crypto analyst has forecasted Bitcoin’s price to surge to unprecedented highs ahead of the 2024 Bitcoin halving event scheduled for April. The cryptocurrency has already been experiencing significant gains, surpassing its previous all-time high to trade above $70,000.

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Bitcoin transaction fees surge to 24-month high amid BRC-20 memecoin mania

The average Bitcoin transaction fee has surged to $30. 91 — a level not seen since April 2021, per data from ycharts. com. The period in the run-up to April 2021 was characterized by a mania that saw Bitcoin run to $64,900 — likely driven by Coinbase’s NASDAQ listing and the narrative that crypto is going mainstream.

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Bitcoin Bearish Signal: MPI Records Highest Value Since April 2022

On-chain data shows the Bitcoin MPI has surged to its highest value since the April of this year, a sign that may prove to be bearish for the crypto’s price. Bitcoin Miners’ Position Index Has Spiked Up During Past Day As pointed out by an analyst in a CryptoQuant post, this instance is the fifth time that the metric has sent a warning signal.

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Argo May Bitcoin Output Drops 25% From April Amid Teething Problems at Texas Facility

Argo Blockchain, the only London Stock Exchange-listed bitcoin miner, produced 124 bitcoin or bitcoin equivalents in May, 25% fewer than the 166 mined in April.

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Riot Blockchain Sells Nearly Half of April’s Bitcoin Production

The company mined 508 bitcoin in April, down from 511 in March, but up about 150% from year-ago levels.

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HK firm Meitu nurses Bitcoin (BTC) losses after buying the top in April

Chinese tech company Meitu, which made several investments in the two largest cryptocurrencies between March and April of 2021, revealed its impairment loss on Bitcoin holdings in a recent interim results announcement.

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Bitcoin closes strongest weekly candle since April

Bitcoin made gains of 12.5% last week and various analysts are now predicting a…

The post Bitcoin closes strongest weekly candle since April appeared first on Coin Journal.

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When Bull Market? Here’s What To Look Out For In Bitcoin In July 2021

Not so long ago, we witnessed a huge bull run in the DeFi space, which was hugely sparked by investor confidence in Bitcoin. Shortly after peaking at $64,800 on April 14, Bitcoin went into a correction later shedding about 10% in value in only three days.

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Bitcoin (BTC) is rising again – what are the key triggers?

Bitcoin’s price has seen series of fluctuations over the past few weeks, shedding as much as 40% since its all-time high of $63,000 in April. However, the crypto asset has started rebounding, climbing from $33,000 to $36,000 within few days.

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April Showers Could Blossom Return Of Bitcoin Bull Run This May

A storm monthly of April is now in the past, and although the forecast was looking glooming for Bitcoin for a while there, bulls are breaking through the clouds and it could blossom another bullish impulse higher.

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Bitcoin Cash, VeChain, Chainlink, Filecoin Price Analysis: 21 April

After weeks of bullish movement that allowed many of the market's alts to surge on the charts, the past few days have seen corrections set in widely. While these were precipitated by Bitcoin's fall beThe post Bitcoin Cash, VeChain, Chainlink, Filecoin Price Analysis: 21 April appeared first on AMBCrypto.

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XRP, Dash, Zcash Price Analysis: 18 April

Losses in Bitcoin and Ethereum over the last 24 hours erased nearly $106.9 Billion in value from the market leaders alone. Source: CoinStats At press time, Bitcoin was trading at $57,605 while The post XRP, Dash, Zcash Price Analysis: 18 April appeared first on AMBCrypto.

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Bitcoin Price Analysis: 17 April

Bitcoin dropped from $63,000 to $60,500 following the news that Turkey's central bank had imposed a ban on crypto-holders using their digital assets for payments. Funding rates for BTC hovered just abThe post Bitcoin Price Analysis: 17 April appeared first on AMBCrypto.

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What Changed in Crypto Markets While You Were Sleeping — April 16

Bitcoin update Bitcoin has been moving downward since April 14 when it reached an all-time high price of $64,895.   Currently, it’s returned to the $61,500 zone that it previously broke out from. It’s in the process of validating the level as support.

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Bitcoin Price Analysis: 11 April

Is the top in for Bitcoin? Unlikely. Multiple on-chain metrics showed that, although strongly bullish, this was not the top for Bitcoin. Funding rates are high but the market is not driven solely by dThe post Bitcoin Price Analysis: 11 April appeared first on AMBCrypto.

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Flipkart’s acceptance of Bitcoin (BTC) is likely an April fool prank

Indian e-commerce giant Flipkart announced on April 1 that it has started accepting Bitcoin as a payment method. “We now accept Bitcoin as a convenient mode of payment. Update your app now,” the company’s tweeter message reads.

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Bitcoin reclaims $58k as bulls eye historically bullish April

BTC price could rally higher in April and record new highs above $60k Bitcoin… The post Bitcoin reclaims $58k as bulls eye historically bullish April appeared first on Coin Journal.

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Once-a-Cycle Bitcoin Bull Signal Just Appeared for the 1st Time Since 2016

Over the past few weeks, many analysts have questioned if Bitcoin is really on the verge of a bull market. After a strong rally in March, April, and May, the cryptocurrency sustained a heavy rejection at $10,500 at the start of June.

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Bitcoin's April laid out the strong foundation for its current mediation near $10K

Let's get some facts right first. Bitcoin's valuation from 1st-30th April rose by 47.01%. For an elevated perspective, the asset's value improved by 27% from January 1st to March 2nd, which was popThe post Bitcoin's April laid out the strong foundation for its current mediation near $10K appeared first on AMBCrypto.

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Will Bitcoin's velocity help it overshadow April's performance with May's?

The final week of April left a lasting image on the community's mind. In fact, for many, it was reassuring to see Bitcoin defy the odds in the market, in spite of the uncertainty hovering over the traThe post Will Bitcoin's velocity help it overshadow April's performance with May's? appeared first on AMBCrypto.

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Bitcoin’s Long-Term Support Levels Could Initiate a Reversal

The Bitcoin price has been increasing without a significant retracement since March 13. However, the decrease beginning on April 13 might have been the first phase of a longer-term downward move.

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Bitcoin's volume revisits April 2019 lows as liquidation spurts

The start of the new decade was a fresh start for Bitcoin too as the coin noted a sudden surge on 3 January, pushing its price above $7,200. According to recent research by Arcane, it was found that tThe post Bitcoin's volume revisits April 2019 lows as liquidation spurts appeared first on AMBCrypto.

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Bitcoin miners earn $305M in April as transaction fees jump 250%

Bitcoin miners earned $291 million through ‘block rewards’ in April, marking a 30-percent monthly revenue increase, reports research unit Diar. They collected an additional $14 million with Bitcoin transaction fees, 250 percent more than in March.

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Bitcoin (BTC) Closes April Up 30%, Can The Momentum Continue?

Bitcoin Monthly Candle Closes Strong Just the other day, the April monthly candle for Bitcoin (BTC) finally closed. It marked the third month in a row that the cryptocurrency had posted gains, and in the.

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More trouble for Bitcoin fork coins, good news for Bitcoin and more

Crypto News – 24 April – More trouble for Bitcoin fork coins, good news for BTC and more Do follow us for our daily videos@Bitcoin @TheBitfi @BITCOlNCASH @TheRealBlockFi #bitcoin #cryptocurrency #CryptoNews #cryptocurrencies #BitcoinCash pic.

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Cobra on Bitcoin’s biggest threat, Bet on Game of Thrones using Bitcoin, and more

Crypto News – 23 April – Bitcoin surges past its resistance, Wietse Wind’s new announcement and more Don’t forget to follow us for our daily video#bitcoin #ethereum #LitecoinLTC @Bitcoin @ethereum @litecoin #cryptocurrency @WietseWind #cryptocurrencynews pic.

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Bitcoin and Ether Market Update: April 19, 2019

Total crypto market cap increased by $1. 8 billion to $171. 1 since Wednesday, April 17. Top ten currencies are mostly in red for the 24-hour period with Binance Coin (BNB) once again being the exception with 8.

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Market Update and Ripple XRP Price Analysis: April 15, 2019

The total crypto market cap increased by $5 billion since April 12 and now stands at $176. 6. The top ten cryptocurrencies are all in the green for the 24-hour period with ether (ETH), bitcoin cash (BCH), and litecoin (LTC) up by 9.

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Stack Overflow’s research on Bitcoin adoption, #JeSuisHodlonaut trends and more

Crypto News – 12 April – Stack Overflow’s research on Bitcoin adoption, #JeSuisHodlonaut trends and more Don’t forget to follow us for the daily video#cryptocurrency #bitcoin #bitcoinsvnode @CoinbasePro @Bitcoin @binance @cz_binance #CryptoNews #Binance pic.

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What’s The Chance For Bitcoin To Hit $6,000 In April?

Bitcoin has been on a serious tear over the past month after rising by a total of 33%, bringing… The post What’s The Chance For Bitcoin To Hit $6,000 In April? appeared first on Invest In Blockchain.

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No, Bitcoin Didn’t Surge Because of a Stupid April Fool’s Joke

The 23 percent rally that sent the bitcoin price to its four-month high did not start with an April Fools’ Day joke. It is wise for analysts and financial professionals to look for clues behind any unnatural price action.

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$20,000 Bitcoin Short Trader Shouts ‘Buy’ as Bitcoin Price Hits $5,000

Mark Dow, a former International Monetary Fund (IMF) economist who famously shorted bitcoin from $20,000 to its low in the $3,000 range, has said that bitcoin is “buyable. ” #Bitcoin chart. Buyable.

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BITCOIN SV Price Prediction Today: Daily (BSV) Value Forecast – April 2

The short-term is in bearish trend while the medium-term is ranging. Traders should be patient trading the consolidation. BSV/USD Medium-term Trend: Ranging Supply zones: $90, $100, $120 Demand zones: $50, $40, $30 BSVUSD remains in a range-bound market in its medium-term outlook.

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No, a Swiss media ‘giant’ is not paying salaries in Bitcoin

It’s finally April 2. Congratulations, you survived the epic bullshit that is cryptocurrency April Fool’s Day – and hopefully without falling for the swath of intentionally fake news. The same can’t be said for a string of media outlets caught peddling an April Fool’s prank pulled by Swiss publishing house Netzmedien, which (through a fintech subsidiary) bombastically announced it would be paying employees’ salaries entirely in cryptocurrency, starting with Bitcoin.

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Bitcoin Adoption: Swiss Publishing Company Ditches Fiat for Cryptocurrency Salary Payments

Netzmedien AG, a Swiss-based publishing house announced on April 1, 2019, that it will no longer pay salaries in fiat, but instead, employees will be paid in bitcoin. With this, Netzmedien AG has become the latest company to adopt the emerging trend of cryptocurrency salary payments, with plans to even include more token options inRead More

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Why Bitcoin Price Surged Over $5,000 For the First Time in 5 Months

Bitcoin price became the only topic of interest for markets inside and outside cryptocurrency April 2 after Bitcoin hit $5000 for the first time in 5 months. Bitcoin Price Hits $5k In An Hour Data from major cryptocurrency exchange Bitstamp, which delivers one of the more conservative Bitcoin price feeds, showed a dramatic climb for BTC/USD during the night of April 1.

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Bitcoin Price Prediction Today: Daily (BTC) Value Forecast – April 2

The BTC price is now trading at $4,741.80 as at the time of writing . On the upside, the crypto's price is likely to rise if the price is sustained above the EMAs. BTC/USD Medium-term Trend: Bullish Resistance Levels: $6,800, $6,900, $7,000 Support levels: $4,500, $4,400, $4,300 Yesterday, April 1, the price of Bitcoin was […]

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Swiss Media Giant Opts to Pay Salaries in Bitcoin, Boosting Crypto Adoption

A major publishing company located in Switzerland has decided to give up paying its staff in fiat and replace it with salaries in Bitcoin, despite its strong volatility On April 1, a major Swiss publisher.

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Not April Fools: Why the US Dollar Will ‘Print’ Bitcoin to $100 Trillion

Sky’s the limit for Bitcoin, whose market capitalization could reach $100 trillion when looking at the historic trends of the US dollar and the world’s most popular cryptocurrency side by side. Dollar’s Inflation is a Feature April Fools Day aside, the only predictable thing about the US Dollar is that its purchasing power will continue to drop.

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Pakistan Introduces Crypto Regulation

The Pakistani government will now regulate local cryptocurrency firms under new legislation. Local news outlet The Express Tribune reported that the government of Pakistan will introduce Electronic Money Institutions (EMI) regulations based on the recommendations of the Financial Action Task Force (FATF).

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Bitcoin developer proposes ways to solve BTC’s price dip; Twitterverse calls it an April Fools’ Day joke

Bitcoin developer Luke Dash Jr has proposed a way to fix Bitcoin’s price decline by setting a global minimum price for Bitcoins. In a recent tweet by the developer, Dash proposed a Bitcoin soft fork for a minimum price of $50k USD/BTC via Bitcoin Improvement Proposal or BIP that can be deployed in the Bitcoin Core v0.

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Swiss Publishing House Netzmedien AG Plans to Pay Employee Wages in Bitcoin Moving Forward

The Swiss-based company Netzmedien AG will be paying employees’ wages in Bitcoin (BTC). The decision to dump fiat currencies for Bitcoin was released by the company on April 1st. This follows the decision to convert half of its assets to cryptocurrencies.

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Bitcoin, Ethereum, Ripple, EOS, Litecoin, Bitcoin Cash, Binance Coin, Stellar, Cardano, TRON: Price Analysis April 1

The action is in altcoins right now, as Bitcoin’s dominance has decreased to just over 50 percent. Let’s see where major coins are heading in the short term

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Bitcoin Privacy Service XMR.to Will No Longer Accept US Residents Citing Legal Team Guidance

Do you live in the United States and you like to use XMR. to? We have very bad news for you. The privacy service XMR. to has recently announced on Reddit that it will no longer accept customers based in the United States.

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Sears To Integrate Bitcoin Payments Starting April 1st

In a major step towards mass adoption within the expanding over-65 demographic, one of the oldest names in retail has adopted cryptocurrency payments. Sears Roebuck & Company has announced the integration of Bitcoin payments to the 223 US stores that have not yet closed.

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Bitcoin Inches above $4,100 as “Crypto Winter” May Finally Be over: BTCManager’s Week in Review April 1, 2019

The price of bitcoin managed to maintain above the critical $4,000 mark and closed the week two percent higher at a touch over $4,100 per coin. The Bitcoin market remained firm despite the news that the SEC has decided to delay its approval or rejection decision of the Bitwise and VanEck/SolidX Bitcoin ETF applications. WhileRead More

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