Press Release

Press Release

Access official announcements from leading cryptocurrency projects, exchanges, and blockchain companies, featuring product launches, strategic partnerships, executive appointments, and milestone achievements.

Press Release

Bitcoin Risk Of Sell-Off Drops Sharply As Short-Term Holder Profit Remains Low

June 12, 2024 CoinPulseHQ Editorial

[ad_1] Over the weekend, Bitcoin suffered from mounting sell pressure that pushed the price below $70,000 once again. However, with the short-term hold profitability remaining low at this time, the risk of the pioneer cryptocurrency suffering further sell-offs has dropped significantly. Bitcoin Short-Term Holder Profitability At 3.35% Crypto analyst Ali Martinez has soothed Bitcoin investors’ […]

Press Release

Bitcoin, Ethereum Lead Migration From Exchanges

June 11, 2024 CoinPulseHQ Editorial

[ad_1] Retail investors in the cryptocurrency space are exhibiting signs of turning into long-term believers, with a recent exodus of Bitcoin (BTC) and Ethereum (ETH) from centralized exchanges. Latest data shows user balances for both leading cryptocurrencies have sunk to four-year lows, with analysts interpreting the move as a bullish signal for the future. As […]

Press Release

Bitcoin Miner Bitfarms Battles Riot Takeover with Poison Pill Plan

June 11, 2024 CoinPulseHQ Editorial

[ad_1] Bitcoin mining firm Bitfarms has implemented a shareholder rights plan to protect its shareholders’ interests amidst an unsolicited takeover bid from another Bitcoin miner—Riot Platforms. This move follows Riot Platforms’ increased stake in Bitfarms and their offer to acquire all outstanding shares. Bitfarms’ Strategic Defense Amid Hostile Takeover Attempts Bitfarms’ strategy, known as a […]

Press Release

Meme Coin Madness Continues, Bitcoin Price Corrects, and Much More: Bits Recap June 10

June 10, 2024 CoinPulseHQ Editorial

[ad_1] TL;DR Bitcoin fluctuated between $68,500 and $72,000, stabilizing at $69,500. Analysts predict a possible rise to nearly $90,000 despite current instability. The meme coin Brett (BRETT) hit an all-time high of $0.20 and reached a market cap of $1.7 billion before slightly retracing. It is currently the 65th-largest cryptocurrency. Shiba Inu (SHIB) dropped 7% […]

Press Release

Bitcoin Maximalist Samson Mow Identifies Godzilla Candle Scenario For BTC

June 10, 2024 CoinPulseHQ Editorial

[ad_1] Popular Bitcoin supporter Samson Mow has revealed what might be the next trigger for the price of Bitcoin as the cryptocurrency continues to trade just below its all-time high. The Bitcoin Maximalist and recently identified a ‘Godzilla candle’ potentially forming on Bitcoin’s price charts, which undoubtedly would send the cryptocurrency surging to new highs. […]

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Celebrity Meme Coins, Binance Coin Bull Run and Bitcoin’s Rally: This Week’s Crypto Recap

June 9, 2024 CoinPulseHQ Editorial

[ad_1] The past seven days have been very interesting within the cryptocurrency market. The industry’s total capitalization increased by around $150 billion on the back of gains made by Bitcoin and many other altcoins. Price action aside, there were interesting developments that are pushing the market forward, so let’s dive deeper. First, Bitcoin’s price has […]

Press Release

Jobs Report, ECB Rate Cut Deliver Double Whammy

June 8, 2024 CoinPulseHQ Editorial

[ad_1] Friday delivered a double whammy to the Bitcoin market, exposing the cryptocurrency’s sensitivity to the ever-shifting sands of global economics. The price of the digital asset tumbled below $70,000 after a perplexing US jobs report collided with a surprise interest rate cut by the European Central Bank (ECB). The leading crypto asset was caught […]