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Expert hints Bitcoin sideways trading is preparation for huge post-halving pump

Bitcoin　　Expert hints Bitcoin sideways trading is preparation for huge post-halving pump　　बिटकॉइन एथेरियम समाचार　　As Bitcoin (BTC) returns to its sideways trading pattern after a short drop into the low $25,000s zone, one cryptocurrency market analyst has shared what he believes to be an unpopular opinion – that the current trend is nothing more than a calm before the storm in 2024.　　Specifically, cryptocurrency expert shared his analysis of the flagship decentralized finance (DeFi) assets previous movements, arguing that “the longer we go sideways, the bigger the pump after the halving,” as he कहा in his X post on September 12.　　Notably, Bitcoin has witnessed massive bullish rallies following each of its halving events, which occur roughly every four years, when the algorithm cuts into half the reward for mining this Proof-of-Work (PoW) crypto asset, thus maintaining its scarcity and counteracting inflation.　　Furthermore, the crypto analyst equated the observed sideways chop with an accumulation of Bitcoin, adding that “2025 will be sick with all that liquidity from Blackrock [NYSE: BLK], Fidelity, [JPMorgan Chase (NYSE: JPM)], Goldman Sachs [NYSE: GS]… etc.”　　Indeed, the analyst specified that “EU [banks] will be able to put 2% of their total capital into Bitcoin,” referring to the landmark decision by the

2023-09-12बिटकॉइन

Bitcoin Cash Price Signals Fresh Increase Despite Weakness in BTC and ETH

Bitcoin Ethereum　　Bitcoin Cash Price Signals Fresh Increase Despite Weakness in BTC and ETH　　बिटकॉइन एथेरियम समाचार　　Bitcoin cash price is showing positive signs above the $180 level against the US Dollar.　　कीमत $ 200 और 100 सरल मूविंग एवरेज (4 घंटे) से नीचे कारोबार कर रही है।　　There was a break above a major bearish trend line with resistance near $189 on the 4-hour chart of the BCH/USD pair (data feed from Kraken).　　यदि यह जोड़ी $197 और $200 को पार कर जाती है तो इसमें तेजी आने की संभावना है।　　Bitcoin Cash Price Aims Higher　　In the past few days, Bitcoin Cash price saw a steady decline below $205. BCH even traded below the $195 level, but the downsides were limited compared to Bitcoin and Ethereum.　　The price remained well-bid near the key $180 support. A low has formed near $180 and the price is now attempting a fresh increase. It broke the $185 level. There was a break above a major bearish trend line with resistance near $189 on the 4-hour chart of the BCH/USD pair.　　The price is now testing the 23.6% Fib retracement level of the downward move from the $238 swing high to the $180 low. However, Bitcoin Cash is now trading below $200

2023-09-12बिटकॉइन

Daily Analysis: BTC, ETH, UNIBOT, MULTI, MXC

| स्रोत: ट्रेडिंग व्यूएथेरियम मूल्य विश्लेषण　　Ethereum (ETH) has also encountered bear activity, as Ethereum price stood at $1579 after recording a daily decrease of 2.2%, as the weekly drop now stands at 2.6%. ETHs trade volume jumped by 91% during the same period and is presently at $8.6B.　　The Bollinger bands are now diverging, showing increasing volatility levels on Ethereum price. The Relative Strength Index (RSI) is below the average line while the MACD moves in the red zone showing bear action on Ethereum price.　　ETH 1-दिवसीय चार्ट | स्रोत: ट्रेडिंग व्यूUniBot price analysis　　UniBot (UNIBOT) has also encountered slight bull activity, as UniBot price stood at $69.65 after recording a daily increase of 0.42%, as the weekly drop now stands at 21.2%. ETHs trade volume jumped by 106% during the same period and is presently at $14.5B.　　The Bollinger bands are now diverging, showing increasing volatility levels on UniBot price. The Relative Strength Index (RSI) is below the average line while the MACD moves in the red zone showing some bear action on UniBot price.　　UNIBOT 1-day chart | Source: TradingViewMultichain price analysis　　Multichain (MULTI) is also riding on bull activity, as Multichain price stood at $2.21 after recording a daily increase of 8.2%, as

2023-09-12बिटकॉइन

Bitcoin Price Analysis: Bearish Momentum Below 25833 – 11 September 2023

Bitcoin　　Bitcoin Price Analysis: Bearish Momentum Below 25833 – 11 September 2023　　बिटकॉइन एथेरियम समाचार　　बिटकॉइन मूल्य विश्लेषण:Bearish Momentum Below 25833 – 11 September 2023　　बिटकॉइन (BTC/USD) बना रहा चुनौती दी जल्दी में एशियाई सत्र के रूप में जोड़ी को अतिरिक्त का सामना करना पड़ा bearish momentum below la 25833.69 स्तरका प्रतिनिधित्व कर रहा है 23.6% retracement का मूल्यह्रास सीमा से 26460.41 सेवा मेरे 25640.10.उलटी गतिविधि हाल ही में हुआ था नीचे छाया हुआ la 25953.46 क्षेत्र, प्रतिनिधित्व 38.2% retracement समान मूल्यह्रास सीमा.भालू दूसरे की अपेक्षा करो परीक्षण का 25128.94 क्षेत्र, ए नकारात्मक मूल्य उद्देश्य जुड़ा हुआ नीचे की ओर दबाव चारों ओर 30421.29 स्तर, हाल ही में एक के बाद कम चारों ओर 25234.76 क्षेत्र.A नीचे निरंतर टूटना la 25462.40 स्तर ऊँचा उठाएगा मंदी का दबाव क्योंकि यह एक है नीचे की कीमत का उद्देश्य महत्वपूर्ण हाल के अनुरूप बिक्री का दबाव चारों ओर 28184.89 क्षेत्र.　　बंद हो जाता है रहे नीचे उद्धृत la 24197.68 स्तरतक नकारात्मक मूल्य उद्देश्य से संबंधित बिक्री का दबाव चारों ओर 30222 क्षेत्र.अतिरिक्त मूल्य उद्देश्य नीचे बाजार में शामिल हैं 24511, 24339, 23164, 22949, 21496, तथा 20702 क्षेत्रों।तकनीकी समर्थन और संभावित दबाव खरीदना in प्रशंसनीय श्रेणियां से 15460 और 19568.52 का स्तर शामिल करना 23661, 22793, तथा 21725 का

2023-09-11बिटकॉइन

El Salvador’s BTC curriculum set to teach the dark side of fiat

Bitcoin　　El Salvadors BTC curriculum set to teach the dark side of fiat　　बिटकॉइन एथेरियम समाचार　　Exactly two years after El Salvador established Bitcoin as its legal tender, El Salvadors Ministry of Education launched its program to teach students in public colleges about Bitcoin. The program was started in partnership with My First Bitcoin, Bitcoin Seaside, and native Bitcoin initiatives.　　The program will see 150 public faculty lecturers trained on Bitcoin earlier to train in their respective faculties in their native colleges. According to Coinbase, as of 2018, blockchain education had already penetrated institutions of higher learning. 42 universities out of the top 50 universities were already offering a minimum of one course in Blockchain and cryptocurrency.　　El Salvadors Bitcoin curriculum　　John Denhey stated on Twitter that the teachers have been training for over a year. The teachers have also been teaching, contributing to the improvement of the diploma. The founding father of My First Bitcoin, also stated that public school teachers were also being trained at the moment on how to send and receive Bitcoin. On the announcement, he stated that the teachers would spread across the country to their local schools next week to do the same with their students.　　El Salvador adopted Bitcoin as

2023-09-11बिटकॉइन

Grayscale: All BTC ETF Applications Should Be Approved at the Same Time

Bitcoin　　Grayscale: All BTC ETF Applications Should Be Approved at the Same Time　　बिटकॉइन एथेरियम समाचार　　Grayscale says it will do everything in its power to ensure it gets approval for a new bitcoin-based exchange-traded fund (ETF).　　Grayscale Wants the SEC to Approve All ETFs　　Also, the crypto company has asked that all the current bitcoin ETF applications the SEC is looking at be approved simultaneously. The bitcoin ETF train began in recent weeks through BlackRock, which is slated to be the big gamechanger in the world of crypto-centered ETFs.　　As a standard financial entity, the company is large and regulated enough to be considered fairly by the SEC. The firm also has a very sold track record thus far with the agency, having garnered greenlights on more than 500 separate applications.　　Once this application was submitted, six others followed suit, and now, the SEC is analyzing all of them to see if they are ready for approval or need changes to be reconsidered. Grayscale wants all of them approved at the same time so the crypto space can unleash its full legitimacy, which up to this point, has largely been withheld.　　Craig Salm – chief legal officer at Grayscale – said in an interview:　　We believe that for

2023-09-10बिटकॉइन

XLM Defies Bitcoin, Skyrocketing 14%, How High Can XLM Go?

Bitcoin　　XLM Defies Bitcoin, Skyrocketing 14%, How High Can XLM Go？　　बिटकॉइन एथेरियम समाचार　　XLM is up by over 14.8% in its cumulative seven-day performance. 　　However, market bigwig Bitcoin fell on the negative side more often than not. 　　A prominent analyst believes the next stop for XLM is $1.1.　　The crypto market has been in continuous bearish tread for the past weeks. Market bigwigs such as Bitcoin (BTC), Ethereum (ETH), and Bitcoin Coin (BNB) have maintained passive gestures, falling on the negative side more often than not.　　However, amid the boring trend exhibited by the top 20 crypto by market cap, one digital asset emerged with significant positive growth. In particular, data from CoinMarketCap shows that Stellar Lumen (XLM) is up by over 14.8% in its cumulative seven-day performance.　　XLMs surge is particularly remarkable because all other cryptocurrencies on the top 20 rankings have visible negative growth in their one-week performance. XLM now trades at $0.1309 after crypto market participants bought and sold $130,266,260 worth of the cryptocurrency in the last 24 hours.　　Moreover, the figure represents a significant 24.15% increase compared to the trading volume obtainable in the past day. Early this month, the digital asset saw…　　The post XLM Defies Bitcoin, Skyrocketing 14%, How High Can

2023-09-10बिटकॉइन

Bitcoin Price Analysis: Given After Another Test of 26006 – 8 September 2023

Bitcoin　　Bitcoin Price Analysis: Given After Another Test of 26006 – 8 September 2023　　3 मिनट पहले　　बिटकॉइन एथेरियम समाचार　　बिटकॉइन मूल्य विश्लेषण:Given After Another Test of 26006 – 8 September 2023　　बिटकॉइन (BTC/USD) का सामना करना पड़ा मंदी की गति जल्दी में एशियाई सत्र के रूप में जोड़ी थी दी ट्रेडिंग के बाद उच्च जैसा 26025.78 क्षेत्र, दूसरे का प्रतिनिधित्व करता है परीक्षण एक की नकारात्मक मूल्य उद्देश्य से संबंधित बिक्री का दबाव चारों ओर 30222 स्तर.व्यापारियों ने दस्तक दी BTC / USD कम को 25358 पहले का क्षेत्र पीछे कुछ हानि, बस ऊपर la 25307.37 क्षेत्र जहां निकर हाल ही में थे कवर.भालू दूसरे की आशा करना परीक्षण का 25128.94 क्षेत्र, ए नकारात्मक मूल्य उद्देश्य जुड़ा हुआ नीचे की ओर दबाव चारों ओर 30421.29 स्तर, हाल ही में एक के बाद कम चारों ओर 25234.76 क्षेत्र.A नीचे निरंतर टूटना la 25462.40 स्तर will elevate मंदी का दबाव क्योंकि यह एक है नीचे की कीमत का उद्देश्य corresponding to significant recent बिक्री का दबाव चारों ओर 28184.89 क्षेत्र.　　बंद हो जाता है रहे नीचे उद्धृत la 24197.68 स्तरतक नकारात्मक मूल्य उद्देश्य से संबंधित बिक्री का दबाव चारों ओर 30222 क्षेत्र.अतिरिक्त मूल्य उद्देश्य नीचे बाजार में शामिल हैं 24511, 24339, 23164, 22949, 21496, तथा 20702 क्षेत्रों।तकनीकी

2023-09-08बिटकॉइन

Bitcoin network adapts as mining rewards decrease, showcasing market resilience and sustainability

Bitcoin　　Bitcoin network adapts as mining rewards decrease, showcasing market resilience and sustainability　　बिटकॉइन एथेरियम समाचार　　जल्दी लो　　As diminishing mining rewards in the Bitcoin network cause anxieties over the security budget, analyzing the markets behavior provides a different perspective.　　A year ago, Poolin, a significant player with 20% of the hash rate in 2020, saw its share reduce to zero, raising concerns over Bitcoin‘s security. However, no discussions about the security budget ensued. Instead, other mining pools filled the void left by Poolin in a classic free market response, demonstrating the market’s ability to self-correct and maintain balance.　　This indication of resilience underscores that mining operations will persist as long as there is access to inexpensive energy, which Earth has in abundance.　　Despite concerns over diminishing rewards, the critical parameters of the Bitcoin network – hash rate, difficulty, and fees – will continue to adjust dynamically, ensuring continuous operation. This adaptability ensures that the most efficient miners survive, reinforcing the networks stability and security.　　The self-regulating nature of Bitcoins mining infrastructure offers an insightful perspective into its resilience, making a case for its sustainability even amidst diminishing mining rewards.　　Poolin: (Source: Glassnode)　　The post Bitcoin network adapts as mining rewards decrease, showcasing market resilience and sustainability appeared first on

2023-09-06उद्योग

Valkyrie CIO Predicts US Bitcoin ETF by Q1 2024

Bitcoin　　Valkyrie CIO Predicts US Bitcoin ETF by Q1 2024　　बिटकॉइन एथेरियम समाचार　　In a new interview with Bloomberg, Steven McClurg, the CIO of Valkyrie Investments, predicts that a Bitcoin spot ETF could become a reality by Q1 2024, potentially marking a significant milestone for the crypto industry.　　Further, he indicated there is a “50%” chance a Bitcoin ETF is approved in October, the earliest that such a fund could pass evaluation by the SEC.　　Elsewhere, the discussion revolved around the ongoing efforts by several financial institutions and asset managers to launch a Bitcoin ETF in the United States. While Canada and other countries have already embraced crypto ETFs, the U.S. has been slower to approve such products, primarily due to regulatory concerns.　　McClurg believes that the growing acceptance and understanding of cryptocurrencies among regulators and institutional investors will pave the way for a Bitcoin spot ETF in the near future. He points out that the SEC has been actively engaging with the crypto industry to establish clear guidelines for these financial products.　　The potential approval of a Bitcoin spot ETF could open doors for a broader range of investors to gain exposure to the worlds largest cryptocurrency.　　Currently, U.S. investors can access Bitcoin through various investment trusts

2023-09-06बिटकॉइन