Bitcoin loses $29K as traders flag key BTC price levels to watch next

Bitcoin (BTC) shed 2% into the start of August as traders’ expectations of further downside slowly came true.  BTC/USD 1-hour chart. Source: TradingView Bitcoin short-term holder breakeven point in fo...

MicroStrategy Books Impairment Charge of $24.1M on Massive Bitcoin Holdings in Q2

“Our bitcoin holdings increased to 152,800 bitcoins as of July 31, 2023, with the addition in the second quarter of 12,333 bitcoins being the largest increase in a single quarter since Q2 2021,&...

Crypto Analyst Warns Chainlink Positioning for Downside Move, Updates Outlook on Bitcoin and Dogecoin

A widely followed crypto strategist warns that the decentralized oracle network Chainlink (LINK) could witness a significant move to the downside. Pseudonymous analyst Rekt Capital tells his 348,800 T...

Genesis Digital Assets Unveils Massive Bitcoin Mining Expansion In South Carolina

Key Points: Genesis Digital Assets (GDA) opens three new Bitcoin mining data centers in South Carolina’s Western region, further establishing its presence in the United States. The data centers levera...

Bitcoin and InQubeta Edge Higher after Fed Rate Hike; More Upsides For QUBE Upcoming?

The United States Federal Open Market Committee (FOMC) recently raised interest rates by a quarter percentage point. This move was taken to counter the effect of inflation on the world’s financial mar...

Is Bitcoin on Slippery Slope? Factors Point to Potential $27,000 Plunge

Arman Shirinyan Diminishing institutional inflows and dwindling hopes for Bitcoin ETF approval spell potential bearish trend for Bitcoin Bitcoin’s price dynamics have been the subject of immense...

Margot Robbie Says Bitcoin Has “Ken Energy” as Quip Appears Canonical to Barbie Film

Ken’s job in the Barbie movie might literally be Bitcoin. Influencers across the crypto sphere went wild for Robbie’s remarks last week. During a recent interview, the Australian actress (Wolf of Wall...

Bitcoin Drops Under $29,000, Here’s Where BTC Could Find Support Next

Bitcoin has plunged below the $29,000 level during the past day. According to on-chain data, here’s the next level that could act as major support. Bitcoin Short-Term Holder Realized Price May Be The ...

Memecoins About To Be Flushed Out by Bitcoin, Says Top Crypto Analyst Benjamin Cowen – Here’s How

Top crypto analyst Benjamin Cowen thinks a lot of memecoins still need to get flushed out by Bitcoin (BTC) in the current market cycle. In a new YouTube video, Cowen informs his 784,000 subscribers th...

Crypto Analyst Predicts Imminent Bounces for Bitcoin (BTC) and One Ethereum-Based Altcoin

A closely followed crypto strategist is predicting a quick Bitcoin (BTC) bounce after dipping below $29,000, while also calling for one Ethereum (ETH)-based altcoin to take off. Analyst Michaël van de...

Bitcoin Price Analysis: Stops Hit Below 28672

BTC/USD Stops Elected Below the 28672:  Sally Ho’s Technical Analysis – 2 August 2023 Bitcoin (BTC/USD) continued to suffer from bearish momentum early in the Asian session as the pair depreciated sha...

Bitcoin Bollinger Bands Are The Tightest Ever, What Happens Next?

Last week, the 1W Bollinger Bands in Bitcoin reached its tightest level ever. The volatility measuring tool typically doesn’t give any indication of direction, however. Using historical data, we’ve ta...

Long-term Bitcoin holder supply posts new ATH, undeterred by price

On July 30, the amount of Bitcoin held by long-term holders reached an all-time high. According to data from blockchain analytics firm Glassnode, long-term holders now possess 14.55 million BTC, marki...

Barbie’s Margot Robbie Says Bitcoin Is for ‘Kens’—While Mattel Pushes NFTs

“Barbie” star Margot Robbie waded into the ever-lively crypto discourse this weekend, after playfully condemning Bitcoin as a stereotypically ‘Ken’ conversation topic—one she’s apparently repeatedly b...

Crypto Analysts That Failed to Predict the Bitcoin Price in July

These two crypto analysts failed to make accurate predictions for the crypto market in July, particularly regarding the Bitcoin (BTC) price. It can be difficult to time or predict the correct movement...

Bitcoin (BTC) Price Prediction – Maker (MKR) and Borroe ($ROE)…

According to experts, Bitcoin (BTC) may surge in early August 2023, thanks to the options expiry exercise. Also, Maker (MKR) recorded a massive price surge in July, and analysts are monitoring to see ...

US Presidential Candidate Ron DeSantis to End Biden’s ‘War on Bitcoin’ if Elected

Ron DeSantis – Governor of Florida and one of the Republicans’ presidential nominees – stated that the “war on Bitcoin and cryptocurrency” that Biden’s administration has supposedly waged will cease s...

Bitcoin ETF Hope Fading, BTC Fails to Break $30k While QUBE Defies Expectation as Presale Approaches $2 Million

InQubeta (QUBE) continues to exceed expectations as its presale closes down on the two-million-dollar mark. Over $1.9 million has been raised so far early on in the event as investors rush to buy up t...

Open Ordinals Institute Launches to Propel Bitcoin Ordinals Protocol

The Ordinals team, led by creator Casey Rodarmor, has introduced the “Open Ordinals Institute,” a non-profit organization aimed at advancing the Bitcoin Ordinals protocol and its reference...

Bitcoin support levels around $28k as historical data, models offer promising insight

Quick Take Bitcoin’s current trading position at $28,900 is perceived as being in uncharted territory, but certain models and historical data can provide insights into potential support levels. This a...

Borroe Leaves DOGE, BTC in The Dust Notwithstanding Tesla Validation For Both

Advertisement &nbsp &nbsp Tesla’s CEO, Elon Musk, is a fan of Dogecoin (DOGE), and the billionaire surprised the world in 2022 when he announced that the car company would start accepting Doge...

Bitcoin Investor Sentiment Flips Toward Greed Despite Fall Below $29,000

Amid the turbulence, the Bitcoin price has finally fallen below the $29,000 support. This decline points to the bears taking over the market, but investor sentiment has not swung the way it normally w...

Bitcoin Market Dynamics: On-Chain Trends & Realized Market Capitalization

The article below is an excerpt from a recent edition of Bitcoin Magazine PRO, Bitcoin Magazine’s premium markets newsletter. To be among the first to receive these insights and other on-chain b...

Marathon Digital Holdings, Inc. Announced As Main Sponsor of The Bitcoin Conference Through 2027

BTC Inc., the leading provider in Bitcoin-related news and events, has announced that Marathon Digital Holdings, Inc. (NASDAQ:MARA), a prominent player in bolstering and securing the Bitcoin ecosystem...

InQubeta finds support, QUBE can flip BTC, BNB, and XRP

InQubeta is popular in the crypto market and getting support for its fundamentals and growth potential. Industry experts predict InQubeta’s utility token, QUBE, to outgrow established coins like Bitco...

Ron DeSantis Promises to End ‘Biden’s War on Bitcoin’, Toss CBDC ‘Into the Trash Can’

Florida governor and presidential hopeful Ron DeSantis says he would call off the Biden administration’s alleged attack against the crypto industry on his first day in office if elected as commander i...

Bitcoin Miner GDA Announces The Opening of Three New Data Centers

Genesis Digital Assets (GDA), one of the world’s largest Bitcoin mining companies, has announced the opening of three new data centers in South Carolina’s Western region. This expansion is...

Bitcoin Miner Bitfarms Mined 378 BTC and Sold 333 in July

Bitfarms Ltd., a global vertically integrated Bitcoin mining company, has released its Bitcoin (BTC) production and mining operations update for July 2023. The report, published on August 1, 2023, pro...

Bitcoin Cash price prediction as volatility and volume slumps

Bitcoin Cash, like other cryptocurrencies, remained in consolidation in July. There are signs of rotation moving from digital currencies to stocks. Bitcoin Cash (BCH) price had a difficult performance...

A retrospective: The Bitcoin’s Big Split

Six years have now passed since Bitcoin underwent one of its most contentious splits—the emergence of the Bitcoin Cash ticker (BCH). The division, influenced by debates around scalability solutions an...

Buy and Sell Rare Bitcoin with Bitcoin Magazine

Officially out of beta, Bitcoin Magazine is excited to make public its new over-the-counter service, Rare B.TC, which enables users to buy and sell rare sats – bitcoins that have a history or provenan...

US Presidential Hopeful Vows To End ‘Biden’s War On Bitcoin’

Crypto has found an unexpected ally in Florida Gov. Ron DeSantis, who is making waves with his 2024 presidential campaign focused on “economic independence.” In a bold move, DeSantis has taken a clear...