Cryptocurrency derivatives trading platform Bitget has appointed Gracy Chen as its new CEO taking over from Sandra Lou, who is moving on to pursue other business goals.
Bitcoin (BTC) has dipped below $70,000, falling to around $69,229 after reaching an intra-day low of $69,939. This decline is due to reduced investor demand amid uncertainty about a potential September Fed rate hike.
Bitcoin (BTC) continued its upward momentum, staying well-supported around the $69,703 level and reaching an intra-day high of $71,957 on Tuesday. This bullish trend is primarily driven by positive regulatory news concerning Ether exchange-traded funds (ETFs).
After a 10-month period of growth, the number of Bitcoin ATMs worldwide declined in May, interrupting a trend of expansion that began in July 2023. The decrease was driven largely by the removal of over 300 ATMs from service in the United States, which represents over 80% of the global Bitcoin ATM market.
Bitcoin price predictions are gaining significant attention as the cryptocurrency’s value approaches its all-time high. Recent surges have propelled Bitcoin to $71,000, fueled by strong inflows into Bitcoin spot ETFs and renewed interest from institutional investors like Morgan Stanley and JPMorgan.
Bitcoin has achieved all-time highs against local currencies in several countries across Asia and South America, following a significant 7% surge in its price.
BitFuFu Inc., a rapidly growing digital asset mining service and cloud-mining provider, announced stellar financial results for the first quarter of 2024. The company’s innovative cloud mining solutions and self-mining operations are firing on all cylinders, propelling revenues and profits.
Bitcoin’s price is poised to surge to new ATHs if it can successfully surpass the critical $67,500 level, which is currently acting as a significant resistance point.
Bitcoin (BTC) is trading at $67,330.50, up 0.15% in the last 24 hours, with a trading volume of $16.3 billion. Retaining its top position on CoinMarketCap with a market cap of $1.33 trillion, Bitcoin’s current dynamics are fueling speculation.This Bitcoin price prediction explores whether Chinese whales are driving the recent surge amid the substantial trading volume.
As Bitcoin hovers near the $67,000 mark, trading at $67,243.75 with a recent upswing of 1.41%, questions about its next milestone intensify. With a trading volume of $24.62 billion and a dominant market cap of $1.32 trillion, the prevailing sentiment is cautiously optimistic, stirring discussions on Bitcoin price predictions for an imminent new high.
Pavel Durov, the founder of Telegram, has received a generous donation from over half a million players of the viral Telegram-based clicker game called Notcoin.