Bitcoin is flat, bears pressure increasing, Targeting $60,000

Bitcoin is flat, bears pressure increasing, Targeting 60,000

The world of Bitcoin is currently in the grip of a bearish formation, with bulls struggling to regain control after suffering losses on April 2nd. Despite a promising outlook from a broader perspective, the past week has seen a significant 6% decline, compounded by the sharp drop on April 2nd, leaving sellers with the upper … Read more

Bitcoin and Altcoins Poised to Boom

Bitcoin and Altcoins Poised to Boom

With Monday and Tuesday’s red days potentially being erased, all eyes are on Bitcoin and the altcoin market. Will this be the moment when Bitcoin soars to retest its record-breaking peak? Tuesday’s market turbulence sent shivers down the spines of crypto investors as $BTC plummeted to $64,500. But fear not, the top cryptocurrency has shown … Read more

Will Bitcoin (BTC) Recover? Crypto market sees a major decline as Bitcoin falls 10% in two days

Will Bitcoin (BTC) Recover Crypto market sees a major decline as Bitcoin falls 10 in two days

The world of cryptocurrency was rocked this week as the market took a sharp turn, with Bitcoin plummeting by a staggering 10% in just 48 hours. Investors were left reeling as the once-booming market showed signs of instability. The cause behind the recent market plunge has been a hot topic, and Altcoin Daily’s in-depth investigation … Read more

US government transfers $2.1B of seized Bitcoins to Coinbase

US government transfers 2.1B of seized Bitcoins to Coinbase

$30,175 Bitcoin, valued at a whopping $2.1 billion, has been transferred by the US Government from the infamous Silk Road to the digital realm of cryptocurrency exchange Coinbase. Amidst a rollercoaster ride for Bitcoin, the latest transfer has sent shockwaves through the cryptocurrency world. The value of Bitcoin has taken a dip, reaching a weekly … Read more

Bitcoin (BTC) offering another dip-buying opportunity

Bitcoin (BTC) offering another dip-buying opportunity

The crypto world was shaken on Monday as Bitcoin experienced a 4.5% drop before making a comeback. But Tuesday has proven to be even harsher. The question on everyone’s mind now is: will Bitcoin rebound from its current level, or will the market present a golden chance to snag some Bitcoin at a bargain price? … Read more

Bitcoin crashes after strong US Factory Data: Can It Rebound to $60k?

Bitcoin crashes after strong US Factory Data Can It Rebound to 60k

The infamous Bitcoin is currently experiencing a downward trend, as revealed by the daily chart. Despite the unwavering confidence of its supporters, this drop in value is causing a stir in the crypto world. After a sudden plunge during the Asian trading session, the only way for the uptrend to continue is if there is … Read more

Bitcoin sudden fall turns the crypto market into a red ocean

Bitcoin sudden fall turns the crypto market into a red ocean

The crypto market was ablaze with red hues in the wee hours of Tuesday, as Bitcoin took a nosedive of over 6%. Its value plummeted to a low of 66K before finding stability near 67K, all thanks to a surge in demand for the safe haven currency. Meanwhile, the US dollar index soared to a … Read more

Bitcoin Price Update: ETF Inflows and Halving Event Preparation

Bitcoin Price Update ETF Inflows and Halving Event Preparation

Bitcoin (BTC) continues to defy expectations, with a 2.38% surge on Sunday that turned around a slight 0.44% dip the day before. This impressive comeback closed the week with a 6.19% gain, reaching a staggering $71,383. And let’s not forget the jaw-dropping performance from last month, where Bitcoin soared by 17.40% after an already impressive … Read more

Crypto Weekly Roundup: Fidelity’s Ethereum ETF Application, SBF Legal Troubles & more

Crypto Weekly Roundup Fidelity's Ethereum ETF Application, SBF Legal Troubles

The industry was rocked this week by the shocking news of former FTX CEO and crypto prodigy, Sam Bankman-Fried, being sentenced to 25 years behind bars. Ethereum Fidelity, a renowned asset management firm, has boldly presented a proposal to the SEC for a game-changing Ethereum ETF with staking capabilities, Inspired by the triumph of the … Read more

Bitcoin strengthens amid heavy accumulation by spot ETF issuers

Bitcoin strengthens amid heavy accumulation by spot ETF issuers

Bitcoin holds its ground in the tumultuous world of trading, with traders eagerly anticipating a surge towards record-breaking highs. However, the coin is facing fierce opposition, as the elusive $71,600 mark continues to elude even the most optimistic of bulls. Despite this challenge, the upward trend persists, with buyers fearlessly absorbing any selling pressure thrown … Read more