Tag Archives: bitcoin

XRP Price Could See Boost As Japanese Gaming Giant Commits 2.5-B Yen Investment

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Japan’s Gumi Inc., known in the gaming sector, is moving deeper into crypto by planning a major purchase of XRP. The company said it will acquire 2.5 billion yen, or close to $17 million, worth of the token as part of its blockchain push. Accumulation Over Several Months According to a press release, the acquisition… Continue reading XRP Price Could See Boost As Japanese Gaming Giant Commits 2.5-B Yen Investment→

Crypto Tumbles Hard: Google Search Trends Call Last Local Market Top

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The crypto market succumbed to a significant amount of bearish pressure starting on Thursday, August 28, with most large-cap assets tumbling to new lows on Friday, August 29. The price of Bitcoin, the world’s largest cryptocurrency by market capitalization, fell to a new low of $107,850 at the start of the weekend. Unsurprisingly, the latest… Continue reading Crypto Tumbles Hard: Google Search Trends Call Last Local Market Top→

Bitcoin Price Plunge Sparks Outrage: Binance Targeted For Alleged Market Manipulation

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The Bitcoin price has experienced a notable downturn, with the market’s largest cryptocurrency retracting 8% in the monthly time frame. This decline has sparked significant criticism on social media, particularly against the crypto exchange Binance, which some investors accuse of contributing to the current market slump. Binance Behind The Bitcoin Price Slump? Market analyst DeFitracer… Continue reading Bitcoin Price Plunge Sparks Outrage: Binance Targeted For Alleged Market Manipulation→

Bitcoin’s Next Stop $183K? On-Chain Data Points to Explosive Cycle Peak

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Bitcoin remains under pressure after sliding from its all-time high above $124,000 earlier this month. At the time of writing, the asset trades at $110,219, reflecting a weekly decline of about 2% and a broader drop of more than 10% from its peak. Despite the correction, analysts continue to examine on-chain data for signs of… Continue reading Bitcoin’s Next Stop $183K? On-Chain Data Points to Explosive Cycle Peak→

Is The Bitcoin Rally Over? Analyst Forecasts Drop To $94,000 If This Level Doesn’t Hold

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After a short-lived recovery, Bitcoin (BTC) is attempting to bounce from a crucial level to reclaim the $110,000 support. However, some analysts suggest that a retest of the $90,000 level could be the next stop for the cryptocurrency. Bitcoin Drops To Weekly Lows Bitcoin lost the $110,000 support for the first time in nearly two… Continue reading Is The Bitcoin Rally Over? Analyst Forecasts Drop To $94,000 If This Level Doesn’t Hold→

Bitcoin Hits 7-Week Low As $540-M In Trades Wiped Out

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Bitcoin fell to its lowest levels since July 8 after Wall Street opened on Friday, with prices sliding and traders scrambling to reassess short-term plans. According to CoinGlass, 24-hour crypto liquidations neared $540 million as selling pressure intensified on major exchanges. Whales And Exchange Distribution Pressure Based on reports from market watchers, heavy selling by… Continue reading Bitcoin Hits 7-Week Low As $540-M In Trades Wiped Out→

Bitcoin’s Short-Term Fate Hinges On $112,000 Realized Price Level – Details

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The Bitcoin market remains in an intense corrective phase after prices registered a significant 6.7% price decline in the past week. The premier cryptocurrency is presently valued at around $108,000, which recent on-chain data describes as a rather volatile state. Notably, there is a need for an immediate price rebound or Bitcoin risks a further… Continue reading Bitcoin’s Short-Term Fate Hinges On $112,000 Realized Price Level – Details→

Bitcoin 8% Below CME Gap Ahead Of Monthly Close — Will History Repeat?

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The Bitcoin market is presently consolidating around $108,000 following a rather turbulent trading weekend, which pushes the leading cryptocurrency about 14% away from its present all-time high of around $124,457. Notably, investors’ sentiments appear mainly neutral amidst this extensive correction as many await any bullish signal for a potential recovery. Meanwhile, popular crypto analyst with… Continue reading Bitcoin 8% Below CME Gap Ahead Of Monthly Close — Will History Repeat?→

Bitcoin Index Highlights Two Accumulations And Five Distribution Waves This Cycle – Details

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Bitcoin has entered a consolidation phase after reaching $124,500 earlier this month and retracing below the $115,000 mark. The sharp move higher followed by weeks of sideways action has left the market in a state of uncertainty, with traders watching closely for the next decisive move. For many analysts, this consolidation is not a sign… Continue reading Bitcoin Index Highlights Two Accumulations And Five Distribution Waves This Cycle – Details→

Eric Trump Explains Why Bitcoin Is Destined For $1 Million: ‘No Question About It’

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Eric Trump laid out a bluntly bullish, supply-and-demand case for why Bitcoin can reach $1 million, arguing that accelerating institutional access collides with Bitcoin’s fixed 21 million-coin cap, during a “Bitcoin Takes Over the World” session with David Bailey at the Bitcoin Asia conference in Hong Kong on August 29. Bitcoin’s Path To $1 Million… Continue reading Eric Trump Explains Why Bitcoin Is Destined For $1 Million: ‘No Question About It’→