The cryptocurrency community is buzzing with excitement over a recent deep learning model’s projection of a significant price increase for Bitcoin (BTC) in the near future. According to the model, developed by CryptoQuant, Bitcoin could soar past the $77,000 mark within the next month, setting a new all-time high. This forecast has sparked a sense
investment
After experiencing a pullback, the price of Bitcoin has continued its downward movement, failing to break above the 100-day Simple Moving Average (SMA) and the trend line. This has resulted in a drop of over 6% from its previous high. The big question on everyone’s mind is whether the price of BTC will continue on
The recent formation of a bull flag on the Bitcoin chart has sparked optimism among crypto analysts, with some suggesting the possibility of a trend reversal in the near future. Denis Baca, the Head of Product at Zivoe Finance, believes that Bitcoin could surge to as high as $100,000 once the bullish pattern plays out.
Bitcoin, the premier cryptocurrency, has been experiencing sluggishness in its price movement post the halving event. Despite the anticipation of a bullish trend following the halving, investors are becoming increasingly frustrated with the stagnant market activity. Social media posts and messages are reflecting a growing impatience among investors, with many calling for a dump of
Bitcoin’s price has been on a rollercoaster ride ever since the halving event on April 19. Initially, the cryptocurrency saw a significant increase, climbing nearly 10% to reach $67,020 by April 24. However, in the following days, Bitcoin’s price experienced a sharp decline of 6.49%, dropping below the $63,000 mark. This unexpected performance has caught
The Spot Bitcoin ETFs have recently experienced a decline in demand, leading to substantial outflows observed on April 26th. Notably, Grayscale’s Bitcoin Trust (GBTC) recorded a significant amount of outflows, with investors withdrawing $139.4 million from the fund. This trend has had a negative ripple effect on the broader crypto market, as Bitcoin’s price has
The recent launch of SPACEX, a new token from a dedicated Elon Musk enthusiast and developer, has sparked excitement among meme coin enthusiasts. With the price of SPACEX skyrocketing to $138, representing a 24-hour change of +78,940%, many investors are eyeing the potential for massive gains. However, behind the hype lies a story of caution
The director of capital markets at Chainlink Labs recently made a bold statement, claiming that the traditional finance sector is not the most ideal use case for tokenization. Instead, he argues that the real value lies in the tokenization of real-world assets (RWA). The potential market size for tokenized RWAs is estimated to be in
Bitcoin’s price has been struggling to recover above the $65,500 resistance level, indicating a potential downturn in the market. Despite an initial attempt to climb above this critical point, Bitcoin failed to sustain the momentum, leading to another decline in its price. As a result, there is a significant risk of further downsides below the
The Crypto Series of Poker (CSOP) is currently captivating the attention of online poker enthusiasts at CoinPoker. The main event, scheduled for April 28 at 18:30 GMT, boasts a significant $100,000 guaranteed prize pool in the No Limit Hold’em format, requiring a $500 buy-in from participants. However, one fortunate player can bypass this buy-in requirement