Ethereum

Bitcoin

April

James

<div class="insidebitcoins">
 The Bitcoin price rose 7% in the last 24 hours to trade at $71,062 as of 02:42 a.m. EST on trading volume that soared 130% to $52 billion.
 This comes as Bloomberg analysts James Seyffart and Eric Balchunas suddenly increased their odds of spot Ether ETF approvals this month to 75% from 25% previously.
 <blockquote class="twitter-tweet" data-width="550" data-dnt="true">
 Update: @JSeyff and I are increasing our odds of spot Ether ETF approval to 75% (up from 25%), hearing chatter this afternoon that SEC could be doing a 180 on this (increasingly political issue), so now everyone scrambling (like us everyone else assumed they'd be denied). See… https://t.co/gcxgYHz3om
 — Eric Balchunas (@EricBalchunas) May 20, 2024
 </blockquote>
 
 A&nbsp;Polymarket contract asking if an ether ETF would be approved by May 31 jumped from 10 cents to 61 cents as of press time. This represents a 61% chance of approval.
 Ethereum soared nearly 20%, with the crypto market broadly increasing its market capitalization by 7% to a $2.61 trillion.
 In the last 24 hours, Bitcoin has been on an upward trajectory, breaking the upper boundary of the symmetrical triangle, as BTC capitalized on the $60,200 support to propel the price, data from GeckoTerminal shows.
 <h2 id="span-style-font-weight-400-bitcoin-price-set-to-continue-its-rally-over-the-symmetrical-triangle-span">Bitcoin Price Set To Continue Its Rally Over The Symmetrical Triangle</h2>
 Major indicators show that BTC could still be set to soar, with BTC trading above both the 50-day and 200-day Simple Moving Averages (SMAs).
 <figure id="attachment_523744" aria-describedby="caption-attachment-523744" style="width: 100%" class="wp-caption alignnone"><picture decoding="async" class="size-full wp-image-523744">
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 <img decoding="async" src="data:image/svg+xml,%3Csvg%20xmlns='//www.w3.org/2000/svg'%20viewBox='0%200%201113%20488'%3E%3C/svg%3E" alt="Bitcoin price Chart Analysis Source: GeckoTerminal.com" width="1113" height="488" data-lazy-srcset="https://cdn.thebittimes.com/images/2024/05/21/9057ec7f6eb2066baff7f257bb395711.webp 1113w, https://cdn.thebittimes.com/images/2024/05/21/9057ec7f6eb2066baff7f257bb395711.webp 300w, https://cdn.thebittimes.com/images/2024/05/21/9057ec7f6eb2066baff7f257bb395711.webp 1024w, https://cdn.thebittimes.com/images/2024/05/21/9057ec7f6eb2066baff7f257bb395711.webp 768w" data-lazy-sizes="(max-width: 1113px) 100vw, 1113px" data-lazy-src="https://cdn.thebittimes.com/images/2024/05/21/9057ec7f6eb2066baff7f257bb395711.webp"> 
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 <source type="image/webp" srcset="https://cdn.thebittimes.com/images/2024/05/21/9057ec7f6eb2066baff7f257bb395711.webp.webp 1113w, https://cdn.thebittimes.com/images/2024/05/21/9057ec7f6eb2066baff7f257bb395711.webp.webp 300w, https://cdn.thebittimes.com/images/2024/05/21/9057ec7f6eb2066baff7f257bb395711.webp.webp 1024w, https://cdn.thebittimes.com/images/2024/05/21/9057ec7f6eb2066baff7f257bb395711.webp.webp 768w" sizes="(max-width: 1113px) 100vw, 1113px">
 <img decoding="async" src="https://cdn.thebittimes.com/images/2024/05/21/9057ec7f6eb2066baff7f257bb395711.webp" alt="Bitcoin price Chart Analysis Source: GeckoTerminal.com" width="1113" height="488" srcset="https://cdn.thebittimes.com/images/2024/05/21/9057ec7f6eb2066baff7f257bb395711.webp 1113w, https://cdn.thebittimes.com/images/2024/05/21/9057ec7f6eb2066baff7f257bb395711.webp 300w, https://cdn.thebittimes.com/images/2024/05/21/9057ec7f6eb2066baff7f257bb395711.webp 1024w, https://cdn.thebittimes.com/images/2024/05/21/9057ec7f6eb2066baff7f257bb395711.webp 768w" sizes="(max-width: 1113px) 100vw, 1113px"> 
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 <figcaption id="caption-attachment-523744" class="wp-caption-text">
 BTCUSD Chart <a rel="noopener noreferrer nofollow" title="Category Analysis" href="https://thebittimes.com/analysis.html">Analysis</a> Source: GeckoTerminal.com
 </figcaption>
 </figure>
 With the BTC price overcoming the 50-day SMA threshold at $65,063, it is set to sustain its surge over the symmetrical triangle pattern.
 Moreover, the Relative Strength Index (RSI) is also rebounding from the 50-midline level as it climbs up, currently at 64, as it hurtles towards the 70-overbought region, indicating intense buying pressure.
 The Moving Average Convergence Divergence (MACD) is also bullish. The blue MACD line crosses above the signal line (orange), forming a bullish crossover. A bullish crossover could prompt investors to buy more, further propelling the price.
 <h2 id="span-style-font-weight-400-bitcoin-price-prediction-span">Bitcoin Price Prediction</h2>
 The Bitcoin price <a rel="noopener noreferrer nofollow" title="Category Analysis" href="https://thebittimes.com/analysis.html">Analysis</a> on the 1-day chart indicates that BTC is set to keep soaring over the symmetrical triangle. The bulls are targeting $86,477 in the coming weeks.
 However, in an inverse scenario, the bears could exert more pressure at this level, with $65,063 and $52,501 acting as the immediate support levels.
 As the BTC price soars, some investors are also buying $99BTC, which has already raised more than $1.4 million as it hurtles towards a $2 million target.
 Jacob Bury, a prominent crypto YouTuber, believes that 99BTC has the potential to turn a $1K investment into $10K after launch.
 
 <div class="rll-youtube-player" data-src="https://thebittimes.com/image/getimage/?url=https://www.youtube.com/embed/G2trqq3KNYE" data-id="G2trqq3KNYE" data-query="feature=oembed" data-alt="New 10x Potential Crypto Presale 99Bitcoins - Flip $1k into $10k?!"></div>
 <noscript><iframe title="New 10x Potential Crypto Presale 99Bitcoins - Flip $1k into $10k?!" width="640" height="360" src="https://thebittimes.com/image/getimage/?url=https://www.youtube.com/embed/G2trqq3KNYE?feature=oembed" frameborder="0" allow="accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share" referrerpolicy="strict-origin-when-cross-origin" allowfullscreen></iframe>
 </noscript>
 
 <h2 id="span-style-font-weight-400-99bitcoins-presale-hurtles-past-1-4-million-span">99Bitcoins Presale Hurtles Past $1.4 Million</h2>
 99Bitcoins (99BTC) has been a sensation as a crypto educational platform, with over 700,000 subscribers on its YouTube channel and more than 2 million people registered for the website’s courses.
 With its ICO launch, 99 Bitcoins introduces a learn-to-earn (L2E) concept where users earn by learning about cryptocurrency.
 <blockquote class="twitter-tweet" data-width="550" data-dnt="true">
 What is Spatial Computing? Discover how #Blockchain is transforming AR/VR, making immersive digital worlds more interactive and secure.
 Dive deeper: https://t.co/2hlZYRFHBv#99BTC #SpatialComputing #Web3
 — 99Bitcoins (@99BitcoinsHQ) April 8, 2024
 </blockquote>
 
 The platform aims to enhance the learning experience by gamifying Bitcoin education, where users complete challenges and lessons, earning them higher rankings and $99BTC as rewards.
 99Bitcoins also integrates with BRC-20, which allows the building of dApps on the Bitcoin Network.
 Users on the platform can also earn passively by staking $99BTC for an impressive 1,141% annual percentage yield (APY).
 <blockquote class="twitter-tweet" data-width="550" data-dnt="true">
 Introducing $99BTC on BRC-20! 🎓
 Since 2013, #99Bitcoins has been the go-to resource for learning about #Cryptocurrency.
 We're launching a platform that enables the building of #dApps on top of the #Bitcoin network!💡#LearnToEarn rewards users on the Bitcoin blockchain.🙌
 — 99Bitcoins (@99BitcoinsHQ) April 30, 2024
 </blockquote>
 
 You can buy 99BTC now for $0.00106 per token. If you are tempted to buy 99BTC, do so before a price increase in less than seven days to secure the best price.&nbsp;
 To join the presale, you can buy $99BTC from the official website here. You have the option of buying the tokens using ETH, USDT, or a bank card.
 <h2 id="b-related-news-b">Related News</h2>
 <ul>
 <li style="font-weight: 400;">&nbsp;🚀 Bitcoin Price Prediction: Experts Forecast Bullish Trends for 2024 📈💰</li>
 <li style="font-weight: 400;">How to Buy Bitcoin with Debit Card</li>
 <li style="font-weight: 400;">Best Altcoins to Invest In: Unveiling Top Picks for Maximum Returns!</li>
 </ul>
 Source: <a rel="noopener noreferrer nofollow" target="_blank" href="https://thebittimes.com/bitcoin-price-roars-past-71k-as-bloomberg-ups-odds-on-sec-approving-ethereum-etfs-and-this-learn-to-earn-crypto-heads-for-2m-tbt89143.html">https://thebittimes.com/bitcoin-price-roars-past-71k-as-bloomberg-ups-odds-on-sec-approving-ethereum-etfs-and-this-learn-to-earn-crypto-heads-for-2m-tbt89143.html</a>
</div>

Bitcoin Price Roars Past $71K As Bloomberg Ups Odds On SEC Approving Ethereum ETFs And This Learn-To-Earn Crypto Heads For $2M

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