[ad_1] Former US President Donald Trump has been confirmed as a keynote speaker at the upcoming Bitcoin 2024 Conference. Scheduled to take place from July 25-27 in Nashville, Tennessee, this announcement was made by Bitcoin Magazine, the organizer of what is recognized as the world’s largest Bitcoin conference. Trump To Speak At Bitcoin 2024 The organizers informed via email at noon on Wednesday that several speeches on the agenda have been rescheduled in view of a new “very special guest.” Trump’s 30-minzte speech is scheduled for the final day of the conference (July 27) at 2 pm CT. In a…
Author: dfrancis36
[ad_1] In a forecast issued via X on Friday, Timothy Peterson, a respected network economist and prominent author in the field of crypto analytics, predicted a near-certain rise of the Bitcoin price in the upcoming 8 months. “There’s a 90% chance Bitcoin will reach a new ATH before March 2025,” Peterson proclaimed. Peterson, known for his works including “Metcalfe’s Law as a Model for Bitcoin’s Value,” bases his forecast on the analytical framework detailed in his research paper titled “Lowest Price Forward: Why Bitcoin’s Price is Never Looking Back.” This paper, first published in 2019 and subsequently revised, introduces an…
[ad_1] FMPS:24 | Connecting the Future of Finance Across Continents FMPS:24 | Connecting the Future of Finance Across Continents FMPS:24 | Connecting the Future of Finance Across Continents FMPS:24 | Connecting the Future of Finance Across Continents FMPS:24 | Connecting the Future of Finance Across Continents FMPS:24 | Connecting the Future of Finance Across Continents Finance Magnates Pacific Summit 2024 (FMPS:24), is the premier event for the retail investing industry and fintech community in the Asia Pacific region. This dynamic platform connects global expertise, fostering growth and innovation across online trading, fintech, payments, and crypto. Join FMPS:24 to build relationships,…
[ad_1] On Tuesday, Katherine Dowling, Chief Communications Officer (CCO) at Bitwise Asset Management, discussed the firm’s spot Ethereum ETF (exchange-traded fund) application and the possibility of new crypto-related products being approved by the US Securities and Exchange Commission (SEC). Ethereum ETFs Close To Launch Katherine Dowling joined Bloomberg Crypto to discuss the progress of Bitwise’s spot Ethereum ETF application. According to the crypto fund’s CCO, the applications are advancing smoothly, with issuers seeing “fewer and fewer issues” in the S-1 amendments. Katherine Dowling joins Bloomberg Crypto. Source: Bloomberg Crypto on X This suggests that “we are close to the finish…
[ad_1] The Bitcoin recovery has not been as impactful as expected, failing to break $60,000 even after a return of bullish momentum. Given this, expectations of a bearish reversal have become the norm as analysts do not believe that the pioneer cryptocurrency has enough steam to sustain the current momentum. One of the analysts who believe the price is destined for a downturn is Finn Oakes, who predicts a return to the $53,000 territory. Bitcoin Forms Double Top Pattern In the analysis that was shared on the TradingView website, crypto analyst Finn Oakes explains that the Bitcoin price has now…
[ad_1] On-chain data shows the Shiba Inu whales have been making large outflows from exchanges recently, a sign that could be bullish for SHIB’s price. Large Shiba Inu Exchange Wallets Have Been Losing Supply Recently In a new post on X, the on-chain analytics firm Santiment has discussed the trend forming in the holdings of the Shiba Inu whales. The analytics firm has divided these humongous holders into two cohorts: exchange whales and non-exchange whales. The exchange whales refer to the 150 largest wallets on the network that are affiliated with a centralized exchange. Similarly, the non-exchange whales are the…
[ad_1] BNB price started a recovery wave above the $500 resistance. The price is now consolidating and might aim for more gains above $530. BNB price started a decent upward move from the $472 support zone. The price is now trading above $500 and the 100-hourly simple moving average. There is a key rising channel forming with support at $518 on the hourly chart of the BNB/USD pair (data source from Binance). The pair could extend its recovery wave if it clears the $530 resistance in the near term. BNB Price Starts Recovery In the past few days, BNB price…
[ad_1] A new player has emerged in the US market by introducing a new Bitcoin ETF (exchange-traded fund) by T-Rex, an asset manager founded by Benjamin Cohen in 2012. This move puts T-Rex directly competing with ProShares Bitcoin Strategy ETF (BITO) and VolShares BITX ETF. T-Rex Unveils 2x Leveraged And Inverse Bitcoin ETF According to the asset manager’s announcement on Wednesday and an analysis by Bloomberg ETF expert Eric Balchunas, the T-Rex Bitcoin ETF is designed to provide investors with 2x leveraged exposure to the daily performance of the spot price of BTC. This means that the fund aims to…
[ad_1] In recent weeks, German authorities have stepped up the sale of significant amounts of Bitcoin (BTC), resulting in increased selling pressure on the world’s largest cryptocurrency, which has fallen over 20% in the past month. Bitcoin Reserves On The Brink Of Exhaustion The selling spree began last month when the German government initiated the sale of seized Bitcoin from a wallet operated by the country’s Federal Criminal Police Office, commonly known as the Bundeskriminalamt (BKA). Related Reading The BKA sold 900 BTC in June valued at around $52 million at the time, which were part of a massive haul…
[ad_1] A crypto analyst has declared Solana to be one of the best coins, highlighting the cryptocurrency’s previous price movements, which are marked by upsides and its potential for a major bullish rally. Solana Gets Best Coin Status Solana, the fifth largest cryptocurrency by market capitalization has attained a new title as “one of the best coins.” A crypto analyst, identified as ‘Honey’ on X (formerly Twitter), made this positive statement and expressed bullish optimism for SOL’s future outlook in an X (formerly Twitter) on June 9. Sharing a price chart depicting Solana’s price actions since the beginning of 2024,…