New signal indicates Bitcoin's bearish trend persisting: Is $48K the next target? finbold.com 12 July 2024 13:25, UTC The anticipation of a possible Bitcoin (BTC) rebound appears to be waning, as indicators point towards potential further declines in the coming days. Several factors are contributing to this bearish outlook, including the German government’s ongoing…
Bitcoin Experiences Temporary Dip Amid Selling Pressure from Old Bitcoins blockchainreporter.net 12 July 2024 20:56, UTC According to recent Coin Days Destroyed (CDD) data, Bitcoin experienced a slight drop in price following the entry of old Bitcoins into exchanges. The movement of these older Bitcoins has caused immediate market reactions, highlighting the sensitive nature…
Bitcoin Bounces Back: Runes Protocol’s Role in the Resurgence of BTC Prices blockchainreporter.net 12 July 2024 20:59, UTC Since its inception on April 20, 2024, Runes has quickly become a dominant force in the blockchain space, according to the latest report from Glassnode. This new protocol has not only introduced innovative transaction types but…
The Future of Bitcoin: Major Catalysts for the Next ‘Explosive Parabolic Move’ cryptoglobe.com 12 July 2024 21:17, UTC In a recent interview with Michelle Makori, Lead Anchor and Editor-in-Chief at Kitco News, Anthony Pompliano, the Founder of Pomp Investments and Host of The Pomp Podcast, provided in-depth insights into the driving forces behind the…
Matrixport Explained the Real Reason for the Decline in Bitcoin (BTC)! en.bitcoinsistemi.com 12 July 2024 16:17, UTC While Mt.Gox and the German government were cited as the reason for the recent decline in Bitcoin, Matrixport pointed to Korean investors for the decline. Matrixport, which analyzed the connection between the decline in Bittcoin and Korean…
US Senator Lummis Says Bitcoin Reserve Can Restore Dollar Dominance coingape.com 12 July 2024 17:40, UTC In a recent statement, US Senator Cynthia Lummis emphasized the potential of Bitcoin reserves to strengthen the US dollar’s global dominance. Known for her pro-crypto stance, Lummis expressed her views during a Fox interview, highlighting the importance of…
Bitcoin Recovery Towards All-Time High Could Take Months, Says Analyst Kevin Svenson – Here’s His Outlook dailyhodl.com 11 July 2024 11:55, UTC Cryptocurrency analyst Kevin Svenson is saying that further downside risk for Bitcoin (BTC) is now minimal. Svenson tells his 78,700 YouTube subscribers that Bitcoin has likely bottomed out after hitting a five-month…
