Bitcoin’s Historical Performance and Outlook for July Bitcoin has historically shown strong performance in the month of July, but recent events such as Mt. Gox repayments are casting doubts on the potential for a rebound in the coming weeks. Key Insights Bitcoin experienced a 6.96% drop in June, a month that typically sees negative trends […]
Bitcoin Price Recovery to $62.5K Could Trigger Breakout in TON, AVAX, KAS and XMR Bitcoin’s recent weakness has pulled several altcoins lower, but TON, AVAX, KAS, and XMR look set to move higher. Bitcoin Price Analysis Bitcoin fell below $60,000 during the week but lower levels attracted buyers. Bitcoin remains stuck inside the $56,552 to […]
Discussion on Potential Factors Impacting Bitcoin’s Performance in July As Bitcoin faces the crucial $60,000 support level at the end of June, various factors may influence its trajectory in July, potentially dampening bullish sentiments. Below are three key factors to consider: Mt. Gox Repayments: Unlocking $9B in Bitcoin In early July, Mt. Gox is set […]
Proposal for Nigeria to Implement Crypto Regulations Inspired by Europe Nigerian data and policy analyst Obinna Uzoije has suggested that adopting a unified regulatory framework based on Europe’s regulations could provide much-needed clarity for potential crypto investors in the Economic Community of West African States (ECOWAS). Africa sees stablecoins as the most popular type of […]
Bitcoin Price Update Bitcoin price action sees uncommon moves for a weekend ahead of Bitcoin’s weekly, monthly, and quarterly close. Bitcoin bids at the ready below $60,000 with volatility on the rise. On June 30, BTC price experienced increased volatility as traders anticipated interesting price movements. Data from various sources followed BTC/USD as it reached […]
Crypto ATM Installation Numbers Approaching All-Time High The number of cryptocurrency ATMs installed worldwide is rapidly increasing. As of now, there are 38,279 cryptocurrency ATMs globally, a 17.8% increase from the previous year. This surge brings the total closer to the all-time high of 39,541 set in December 2022. A net total of 2,564 cryptocurrency […]
Top Stories This Week Bitcoin ETF issuer VanEck files for Solana ETF in the US VanEck has filed for a Solana (SOL) exchange-traded fund (ETF) with the U.S. Securities and Exchange Commission, marking the first such filing on Wall Street. The VanEck Solana Trust aims to reflect the performance of the SOL token, excluding operational […]
Peter Thiel Doubts Bitcoin’s Dramatic Price Increase Peter Thiel, former PayPal CEO, expressed skepticism about Bitcoin’s potential for a significant price increase in the future. Thiel still owns some Bitcoin but regrets not holding more. Uncertainty about future buyers post-ETF edition of Bitcoin. Thiel predicts a volatile ride for Bitcoin prices. Despite his doubts, Thiel’s […]
Price analysis 6/28: BTC, ETH, BNB, SOL, XRP, DOGE, TON, ADA, AVAX, SHIB Altcoins see another week of rocky trading, while traders are viewing Bitcoin price dips as a buying opportunity, as seen from the fresh inflows into the spot Bitcoin ETFs. Bitcoin (BTC) remains stuck in a large range, but the bulls are trying […]
Bitcoin and altcoins fail to rally even as U.S. inflation cools down For years analysts and traders have said cooling inflation would benefit the crypto market, yet prices are still down. Cointelegraph explains why. Investors’ risk appetite tends to increase with a lower cost of capital and higher liquidity, creating a favorable scenario for high-growth […]
