Before you reading,Don't miss coins like PEPE again! Click here to find new PEPEs! According to Whale Alert, a dormant Bitcoin wallet containing 687 BTC (valued at $43.9 million) has been activated after over a decade of inactivity. The activation comes as Bitcoin’s p... Read the full article for FREE at COINOTAG!
Bitcoin and AI tokens show significant gains. GRT and FET exhibit strong upward trends. Continue Reading: Recent Surge in Cryptocurrency Market and AI Token Performance
Crypto Price Prediction: The first week of May has been notably bullish for the crypto market following the Bitcoin price recovery from $56500 to $65223. The recent surge in buying interest for US-listed Bitcoin ETFs has played a significant role in the latest rally, simultaneously boosting the altcoin market as it recovers from previous losses. The post Crypto Price Prediction: AI Tokens Capitalize on Market Optimism as $BTC Breaks $65K appeared first on CoinGape .
Amid the Bitcoin (BTC) price recovery, analysts continued to dissect BTC’s movements and offered insights into potential future trajectories. A popular crypto analyst noted that the BTC price is still in the “prime buy zone” despite the recent surge from $56,000 to $65,000. In addition, an analyst expressed an extremely bullish outlook for BTC as The post Bitcoin Enters Key Buying Zone, BTC Price Rally To $70K? appeared first on CoinGape .
Multi-billionaire Elon Musk has invited star investor Warren Buffett to invest in Tesla Inc. (TSLA). The TSLA stock price surged in the pre-market session on Monday after the latest comment. Moreover, the move comes amid Buffet’s Berkshire Hathaway reportedly dumping a significant stake in Apple Inc. (AAPL). Elon Musk’s Advice For Warren Buffett In a The post Elon Musk Urges Warren Buffet To Hold Stake In Tesla, TSLA Price Rallies appeared first on CoinGape .
Before you reading,Don't miss coins like PEPE again! Click here to find new PEPEs! Robinhood Crypto, the crypto arm of the major exchange, has announced receiving a Wells Notice from the SEC. The SEC aims to launch a sanction lawsuit against the company du... Read the full article for FREE at COINOTAG!
Before you reading,Don't miss coins like PEPE again! Click here to find new PEPEs! The crypto market, which has become more active after the halving, piqued investors’ curiosity with developments on May 6. A Bitcoin whale that has been dormant since the... Read the full article for FREE at COINOTAG!
Maximilien de Hoop Cartier, heir to the famed jewelry dynasty, was arrested by US authorities for allegedly laundering millions of dollars for a Colombian drug cartel. Cartier, who primarily resides in France but holds Argentine citizenship, now faces a slew of charges related to money laundering and unlicensed money transmission. Related Reading: Bitcoin Bull Michael
Crypto analyst Ali Martinez has revealed that it may still be an excellent time to accumulate Bitcoin. This comes amidst the flagship crypto’s recent price recovery, with the crypto token skyrocketing above $64,000. Bitcoin Is Still In A “Prime Buy Zone” Martinez mentioned in an X (formerly Twitter) post that Bitcoin’s Market Value to Realized Value (MVRV) 90-day ratio indicates that it is still in a “prime buy zone” despite its recent price surge from $57,000 to $64,000. The MVRV is a metric used to determine whether a crypto token is undervalued or overvalued. Related Reading: Cardano Comeback: Analyst Reveals Why It’s Time To Get Back Into ADA Source: X Based on Martinez’s findings, Bitcoin looks to be currently undervalued, which presents a good opportunity to accumulate the crypto token. The analyst’s revelation undoubtedly provides reassurance for those who failed to buy the dip and are looking for a perfect entry to invest in Bitcoin. Interestingly, Bitcoin whales didn’t waste time accumulating during Bitcoin’s recent decline, as Bitcoinist reported that these investors bought 47,500 BTC ($2.8 billion) between May 2 and 3. However, the MVRV ratio being at that level suggests that many of these whales are investors adding to their positions, meaning that significant buying pressure shouldn’t be expected anytime soon. Crypto analyst Michaël van de Poppe also recently suggested that Bitcoin is still undervalued. He noted that the crypto token is back above $60,000, and retail isn’t here yet. He mentioned in another X post that these retail investors won’t return until the summer, which means that everyone currently positioning themselves is still early. BTC Almost Ready For Next Leg Up Crypto analyst Mikybull Crypto recently hinted that Bitcoin is almost ready for another parabolic rally. He stated that Bitcoin’s local bottom is in considering that the “next liquidity grab interest is above.” He added that Bitcoin will first “clear out the $67,000 level and consolidate in preparation for the $73,000 level. Related Reading: Fantom Revival: Crypto Analyst Predicts A Jump To $1.2 For FTM Price Source: X Meanwhile, the analyst revealed in another X post that Bitcoin has “finally experienced a MACD (Moving Average Convergence/Divergence) bullish cross” on the daily chart, just like it did in January 2024, which led to the crypto token rising to as high as $73,000 in March. According to Mikybull Crypto, Bitcoin reclaiming above the 50-day Moving Average will “further confirm the bullish continuation.” For those looking to long Bitcoin, Mikybull Crypto remarked that the $64,000 range is an “ideal zone” to do so. He predicts that Bitcoin might clear out the CME gap between $62,580 and $64,105 before consolidating at around $64,000. At the time of writing, Bitcoin is trading at around $65,300, up over 2% in the last 24 hours, according to data from CoinMarketCap. BTC price falls from $65,000 to $63,000 | Source: BTCUSD on Tradingview.com Featured image from The Independent, chart from Tradingview.com
Binance, the leading crypto exchange, has sparked speculations in the digital asset space with its recent announcement of removing a specific pair for Bitcoin, Ethereum, and USDT from its platform. Besides, the crypto exchange has also provided a flurry of updates regarding the project, while the traders are looking for further clarity on the announcement. The post Binance To Remove This BTC, ETH, & USDT Pair, Here’s Everything appeared first on CoinGape .