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Prepare for a Bitcoin Chop Before the Positive Impacts of the BTC Halving Take Place: Bitfinex

CryptoPotato 03 May 2024
In their latest statement, the analysts noted that Bitcoin has become increasingly correlated with macroeconomic indicators and traditional financial market indices, especially as more financial institutions allocate a portion of their portfolios to cryptocurrencies, particularly BTC ... “As a consequence we believe we could see a 1-2 month consolidation in Bitcoin prices, trading in a range with swings of $10,000 on either side.

Crypto Trader Warns Bitcoin Not ‘Out of the Woods Yet,’ Maps Path Forward for Solana ...

The Daily Hodl 03 May 2024
A closely followed crypto strategist is warning that Bitcoin (BTC) may not yet be done correcting ... He shares a chart of when Bitcoin declined from $47,000 to below $39,000 in January before continuing to the upside ... Bitcoin is trading for $59,389 at time of writing, up 2.5% in the last 24 hours ... Investors should do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets.

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Latest Prices

# Name Price Volume (24h) % Change (24h)
1 Bitcoin (BTC) $ 9379.51121871 29291234397.1 -2.12 %
2 Litecoin (LTC) $ 68.6382381813 5720089694.18 -1.62 %
3 Ethereum (ETH) $ 181.975638826 11767008363.1 -0.48 %
4 Veritaseum (VERI) $ 18.45 0 0.00 %
5 EOS (EOS) $ 4.206085936 3774755482.59 -0.25 %
6 Centra (CTR) $ 0.01471 0 0.00 %
7 DigiByte (DGB) $ 0.0062005626 942236.540577 0.00 %
8 AdEx (ADX) $ 0.05420 88877.21 -1.21 %
9 Humaniq (HMQ) $ 0.004962 14208.2208233 0.00 %
10 Private Instant Verified Transaction (PIVX) $ 0.2293 734764.276735 -3.14 %
11 XRP (XRP) $ 0.2412959304 1903216173.21 0.88 %
12 Bitshares (BTS) $ 0.0211442821 3198719.09431 -1.80 %
13 BitSwift (SWIFT) $ 0.4051 0 0.00 %
14 OmiseGo (OMG) $ 0.9035012009 73564679.2141 2.52 %
15 Sphere Coin (SPHR) $ 0.06553 0 0.00 %
16 Ethereum Classic (ETC) $ 11.5038562535 2965506879.02 -0.61 %
17 NEM (XEM) $ 0.0454819175 29553422.0555 0.00 %
18 Rivetz (RVT) $ 0.007995 9993 -20.90 %
19 MaidSafe Coin (MAID) $ 0.1110 1367484.96476 -0.32 %
20 FunFair (FUN) $ 0.003110 659876.996354 -2.81 %
21 Paragon (PRG) $ 0.01592 362.34112 -12.81 %
22 Stratis (STRAT) $ 0.3037 985978.792886 -0.12 %
23 NavCoin (NAV) $ 0.1015 659640.563461 -1.83 %
24 Rise (RISE) $ 0.002627 44551.98061 3.45 %
25 Verge (XVG) $ 0.0037872163 759364.83599 5.08 %
26 Reddcoin (RDD) $ 0.0007190 40259681.7228 25.00 %
27 TenX (PAY) $ 0.05483 456707.500823 -0.13 %
28 Waves (WAVES) $ 0.8912100364 82970286.3014 1.84 %
29 Lisk (LSK) $ 1.0365054837 6082448.73385 6.17 %
30 KickCoin (KICK) $ 0.0000969519 57571.4577545 5.26 %
31 Monero (XMR) $ 72.1346716882 107010674.883 0.86 %
32 Komodo (KMD) $ 0.6368109417 2702396.03471 3.95 %
33 BitcoinDark (BTCD) $ 22.00 0 0.00 %
34 Dash (DASH) $ 129.41 44110.8016989 2.43 %
35 Gnosis (GNO) $ 15.82 542.73541475 -0.64 %
36 Populous (PPT) $ 0.5442 589469.581183 5.01 %
37 NEO (NEO) $ 11.5080200258 470747259.833 7.02 %
38 BitConnect Coin (BCCOIN) $ 1.00 0 0.00 %
39 Tether (USDT) $ 1.0003916102 40283398497.6 0.00 %

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# Name Price Volume (24h) % Change (24h)

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Prepare for a Bitcoin Chop Before the Positive Impacts of the BTC Halving Take Place: Bitfinex

CryptoPotato 03 May 2024
Bitfinex analysts think that Bitcoin will stay at about the same price for the next 1-2 months, trading within a range with fluctuations of $10,000 on either side ... Bitcoin in the current market cycle.
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Crypto Trader Warns Bitcoin Not ‘Out of the Woods Yet,’ Maps Path Forward for Solana ...

The Daily Hodl 03 May 2024
He shares a chart of when Bitcoin declined from $47,000 to below $39,000 in January before continuing to the upside ... Bitcoin is trading for $59,389 at time of writing, up 2.5% in the last 24 hours.
Edit

JPMorgan Waves Red Flag: Urges Caution As Crypto Market Teeters on Edge

Bitcoinist 03 May 2024
With a lack of positive catalysts, with the retail impulse dissipating and with the three headwinds mentioned previously in our publication (elevated positioning, high bitcoin prices vs.
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Top Analyst Says One Blue-Chip Altcoin ‘Begging To Break Out,’ Updates Outlook on Bitcoin and Ethereum

The Daily Hodl 03 May 2024
I think a dip on this would just be a buy.” ... Next up is Bitcoin (BTC) ... Bitcoin is trading at $58,840 at time of writing ... Investors should do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets.
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Buy or Miss Out? DOT and MATIC Surge, MANIA’s Boom Ahead!

Coin Edition 03 May 2024
The recent slump in Bitcoin’s value has had a domino effect, causing altcoins to plummet as well. Bitcoin’s recent correction of 23% has led to a more than 50% drop in many altcoins.
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Jack Dorsey’s Block (SQ) Q1 2024 Shareholder Letter; Doubles Down on Bitcoin

Cryptopolitan 03 May 2024
Jack Dorsey has certainly been an avid believer in Bitcoin and blockchain technology. His recent keeps living up to his firm belief in a future where Bitcoin’s use cases are well refined ... In his ...
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Dissecting Block Inc.’s Bitcoin Blueprint For Corporate Balance Sheets

Cryptopolitan 03 May 2024
The firm has in the past bought $50 million worth of Bitcoin in October 2020 at an average BTC market value of $10,618; in this purchase, Block received 4709 Bitcoins. Again, in Feb 2021, it purchased ...
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Unveiling Bitgert coin: The next big thing in crypto

CryptoNewsZ 03 May 2024
Ethereum came in as a form of correction for this by introducing the Proof of Stake, which reduces the setups and computational stress of Bitcoin’s PoW ... cryptocurrency you can think of right now.
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Beyond the cultural value ―how useful are Bitcoin NFTs?

LB News 03 May 2024
As Bitcoin’s value increased rapidly in the past years, discussions about global adoption got more serious, even for governments, so we can expect the cryptocurrency to become the new worldwide legal tender at some point in the future.
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Top Crypto News Of The Day: Bitcoin, Coinbase, and More!

CoinChapter 03 May 2024
According to the Block had $80 million in Bitcoin gross profit in Q1 2024 alone ... Block’s Bitcoin position has been steadily growing, with the company acquiring 4,709 BTC in October 2020 and another 3,318 tokens in early 2021.
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MicroStrategy CEO Hails Bitcoin as the Best Crypto Asset with No Opponents

Coin Edition 03 May 2024
MicroStrategy CEO hails Bitcoin as the single solution for capital appreciation in an inflationary environment ... Bitcoin for Corporations,” Saylor presented Bitcoin as the “single solution” for capital appreciation in an inflationary environment.
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Block Commits 10% of Bitcoin Gross Profit to Monthly BTC Purchases

Coin Edition 03 May 2024
In a move signaling strong confidence in Bitcoin and a commitment to its adoption, Jack Dorsey, co-founder of Twitter and CEO of ... Block has been a pioneer in integrating Bitcoin into its operations.
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Crypto Twitter Skeptical As MicroStrategy Proposes Bitcoin-Based Identity Solution

CryptoPotato 03 May 2024
According to Saylor, these identifiers are highly efficient in terms of on-chain storage, including the ability to store tens of thousands of DIDs within a single Bitcoin transaction.
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Bitcoin ETF Outflows Rebound To $34M As ARKB Buys The Dip

CoinGape 03 May 2024
ARK bought the dip in Bitcoin price with $13.3 million inflows, suggesting continued interest from institutional players ... This price recovery reflects ongoing investor confidence in Bitcoin’s long-term prospects despite short-term fluctuations.
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Fidelity: Pension Funds Exploring Bitcoin Investments on ETF Approval

Bitcoin Magazine 03 May 2024
Fidelity, a major financial services firm, says pension funds are starting to explore investing in Bitcoin, particularly after the approval of spot Bitcoin exchange-traded funds earlier this year.
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