2024

Bitcoin

Kamala Harris

KAMALA HARRIS

The Bitcoin price is down 0.75% in the last 24 hours to trade for $65,963 as of 03:15 a.m. EST on trading volume that plunged 23%.
It comes ahead of one of the biggest annual events in crypto, the Bitcoin 2024 Conference, which is set to begin on Thursday, July 25, in Nashville, Tennessee. According to reports, US Vice President and de facto Democratic ticket nominee Kamala Harris may attend the conference.
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 🚨JUST IN: KAMALA HARRIS CAMPAIGN IN TALKS TO POTENTIALLY SPEAK AT BITCOIN 2024 CONFERENCE <a href="https://t.co/99BF24ZE2P" rel="noopener noreferrer nofollow">pic.twitter.com/99BF24ZE2P</a>
 — Blockchain Daily (@blckchaindaily) <a href="https://twitter.com/blckchaindaily/status/1815855497066524744?ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">July 23, 2024</a>
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David Bailey, CEO of Bitcoin Magazine and one of the organizers of The Bitcoin Conference, confirmed discussions with Harris about an appearance at Bitcoin 2024.
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 We’re in talks with Kamala Harris campaign for her to speak at the conference. Would be very savvy of her to reset the democrat positioning on the fastest growing voter block in the country. They’re making up their minds today.
 — David Bailey🇵🇷 $0.65mm/btc is the floor (@DavidFBailey) <a href="https://twitter.com/DavidFBailey/status/1815848521205178404?ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">July 23, 2024</a>
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If she does speak, she will be joining Republican ticket nominee Donald Trump who is confirmed among the headline speakers at the event. There is speculation that Trump might announce plans to use BTC as a digital reserve in the US.
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 What if Kamala Harris announces the ‘<a href="https://twitter.com/hashtag/Bitcoin?src=hash&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">#Bitcoin</a> Strategic Reserve’ before Trump? <a href="https://t.co/nTypZE2Lrx" rel="noopener noreferrer nofollow">pic.twitter.com/nTypZE2Lrx</a>
 — Dennis Porter (@Dennis_Porter_) <a href="https://twitter.com/Dennis_Porter_/status/1815869389641769265?ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">July 23, 2024</a>
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Elsewhere, defunct crypto exchange Mt.Gox is also making headlines after smart money on-chain tool Lookonchain revealed a $2.47 billion transaction on Wednesday morning, July 24.
This is amid ongoing repayments following its collapse 10 years ago when BTC was worth around $100. Creditors are also confirming receipts. Kraken is among the exchanges selected by the Trustee to facilitate the investigation and return of client funds.
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 Mt. Gox moved 37,477 <a href="https://twitter.com/search?q=%24BTC&amp;src=ctag&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">$BTC</a>($2.47B) again 30 minutes ago!<a href="https://twitter.com/hashtag/MtGox?src=hash&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">#MtGox</a> has transferred 52,549 <a href="https://twitter.com/search?q=%24BTC&amp;src=ctag&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">$BTC</a>($3.31B) to <a href="https://twitter.com/hashtag/Bitstamp?src=hash&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">#Bitstamp</a>, <a href="https://twitter.com/hashtag/Kraken?src=hash&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">#Kraken</a>, and <a href="https://twitter.com/hashtag/Bitbank?src=hash&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">#Bitbank</a> for repayment since July 5.<a href="https://t.co/f2q66eQfEM" rel="noopener noreferrer nofollow">https://t.co/f2q66eQfEM</a> <a href="https://t.co/vZVdCWHwG1" rel="noopener noreferrer nofollow">pic.twitter.com/vZVdCWHwG1</a>
 — Lookonchain (@lookonchain) <a href="https://twitter.com/lookonchain/status/1815980004691345730?ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">July 24, 2024</a>
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These developments highlight the growing adoption of Bitcoin and crypto in general, a narrative that is taking center stage in US politics.
Meanwhile, a <a href="https://www.coingecko.com/research/publications/2024-q2-crypto-report" target="_blank" rel="noopener noreferrer nofollow">CoinGecko report</a> says that the fourth Bitcoin halving did not have any notable impact on the Bitcoin price.
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 CoinGecko 2024 Q2 Crypto Industry Report is now LIVE 📊
 After nearly breaching all-time highs in 2024 Q1, the total crypto market cap returned some of those gains in Q2, dropping 14.4%, closing at $2.43T in June.
 Here are 7 key highlights you shouldn't miss ⬇️ <a href="https://t.co/A8zz42RtGo" rel="noopener noreferrer nofollow">pic.twitter.com/A8zz42RtGo</a>
 — CoinGecko (@coingecko) <a href="https://twitter.com/coingecko/status/1813142311074996470?ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">July 16, 2024</a>
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<h2 id="bitcoin-price-prediction">Bitcoin Price Prediction</h2>
The Bitcoin price is treading with a bullish bias despite the minor correction. It is consolidating within an ascending parallel channel. It has also escaped the Fibonacci Golden Zone but risks falling back into the bracket amid waning investor conviction.
If it slips below the 38.2% Fibonacci retracement level of $65,772, it could extend the fall. Nevertheless, the chart suggests a possible bounce, which means the aforementioned level could be a good entry for late bulls.
The chances of a bounce come as the Relative Strength Index (RSI) still holds above the mean level of 50. This, coupled with the bullish outlook in the Moving Average Convergence Divergence (MACD), increases the odds of a recovery.
Specifically, the MACD is in positive territory, holding well above the signal line (orange band). Its histograms are also flashing green, evidence of bullish sentiment in the market. Nevertheless, while a recovery seems imminent, the uptrend and possible new all-time high will only be confirmed upon a break and close above the supply zone between $71,113 and $72,747.
<a href="https://insidebitcoins.com/wp-content/uploads/2024/07/BT.png" rel="noopener noreferrer nofollow"><img decoding="async" class="aligncenter wp-image-556500 size-full" src="https://insidebitcoins.com/wp-content/uploads/2024/07/BT.png" alt="Bitcoin" width="1366" height="768" srcset="https://insidebitcoins.com/wp-content/uploads/2024/07/BT.png 1366w, https://insidebitcoins.com/wp-content/uploads/2024/07/BT-300x169.png 300w, https://insidebitcoins.com/wp-content/uploads/2024/07/BT-1024x576.png 1024w, https://insidebitcoins.com/wp-content/uploads/2024/07/BT-768x432.png 768w" sizes="(max-width: 1366px) 100vw, 1366px"></a>
<a href="https://www.geckoterminal.com/eth/pools/0x4585fe77225b41b697c938b018e2ac67ac5a20c0" target="_blank" rel="noopener noreferrer nofollow">GeckoTerminal: BTC/USD 1-day chart</a>
On the other hand, if the $65,772 level is breached, the Bitcoin price could fall. Subsequently, key levels to watch would be $63,369 and $60,965, with the latter being more critical as a breakdown would trigger panic selling.
For the big-picture bullish outlook to be invalidated, however, the Bitcoin price must break and close below the $54,000 threshold.
Meanwhile, as the Bitcoin price flatlines temporarily, prominent crypto YouTuber Jacob Bury says that the 99Bitcoins (99BTC) presale could potentially surge 10X after its launch.
<iframe title="New 10x Potential Crypto Presale 99Bitcoins - Flip $1k into $10k?!" width="640" height="360" src="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>
<h2 id="promising-alternative-to-bitcoin">Promising Alternative To Bitcoin</h2>
<a href="https://insidebitcoins.com/visit/99bitcoins" rel="noopener noreferrer nofollow">99Bitcoins</a> is an educational platform with over 2 million registered users for its courses and more than 705K subscribers on its YouTube channel. Since its inception into the crypto space, 99Bitcoins has become a pillar of crypto education.
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 Revolutionizing <a href="https://twitter.com/hashtag/Learn2Earn?src=hash&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">#Learn2Earn</a>! 📘
 🎓 Why It’s the Future:
 With the $99BTC Token, you can earn rewards simply by expanding your <a href="https://twitter.com/hashtag/Cryptocurrency?src=hash&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">#Cryptocurrency</a> knowledge.
 The Numbers: 🔢
 – 79 hours of Courses – 709K Followers – 2.85M Subscribers
 Take a look: <a href="https://t.co/NXD7DAamqr" rel="noopener noreferrer nofollow">https://t.co/NXD7DAamqr</a><a href="https://twitter.com/hashtag/Bitcoin?src=hash&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">#Bitcoin</a> <a href="https://t.co/rtBrEJjaZA" rel="noopener noreferrer nofollow">pic.twitter.com/rtBrEJjaZA</a>
 — 99Bitcoins (@99BitcoinsHQ) <a href="https://twitter.com/99BitcoinsHQ/status/1787063963382939801?ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">May 5, 2024</a>
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The introduction of its $99BTC token has fueled a groundbreaking learn-to-earn (L2E) model. 99Bitcons will gamify crypto education by allowing users to tackle challenges and complete lessons to earn higher rankings and rewards through $99BTC tokens.
The project also merges with BRC-20, making it easier for developers to build apps on the Bitcoin Network.
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 Introducing $99BTC on BRC-20! 🎓
 Since 2013, <a href="https://twitter.com/hashtag/99Bitcoins?src=hash&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">#99Bitcoins</a> has been the go-to resource for learning about <a href="https://twitter.com/hashtag/Cryptocurrency?src=hash&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">#Cryptocurrency</a>.
 We're launching a platform that enables the building of <a href="https://twitter.com/hashtag/dApps?src=hash&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">#dApps</a> on top of the <a href="https://twitter.com/hashtag/Bitcoin?src=hash&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">#Bitcoin</a> network!💡<a href="https://twitter.com/hashtag/LearnToEarn?src=hash&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">#LearnToEarn</a> rewards users on the Bitcoin blockchain.🙌
 — 99Bitcoins (@99BitcoinsHQ) <a href="https://twitter.com/99BitcoinsHQ/status/1785308220677853254?ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">April 30, 2024</a>
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Investors can also earn passively through&nbsp;<a href="https://insidebitcoins.com/visit/99bitcoins" target="_blank" rel="noopener noreferrer nofollow">the project’s staking model</a>, which offers an impressive 684% annual percentage yield (APY).
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 🔥 Our <a href="https://twitter.com/hashtag/Presale?src=hash&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">#Presale</a> is nearly over! 🔥
 Secure your $99BTC tokens now before the final price increase! 👀
 The presale ends on the 6th of August at 2 PM UTC. Don’t miss out! 🗓️ <a href="https://twitter.com/hashtag/99Bitcoins?src=hash&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">#99Bitcoins</a> <a href="https://twitter.com/hashtag/BTC?src=hash&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">#BTC</a> <a href="https://twitter.com/hashtag/Crypto?src=hash&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">#Crypto</a> <a href="https://t.co/ggU70617jT" rel="noopener noreferrer nofollow">pic.twitter.com/ggU70617jT</a>
 — 99Bitcoins (@99BitcoinsHQ) <a href="https://twitter.com/99BitcoinsHQ/status/1815681279595049211?ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">July 23, 2024</a>
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The project has already amassed over $2.5 million in funds raised and is now offering a last chance to buy with the presale set to close on August 6.
The $99BTC token costs $0.00115. With the presale nearing its end, buy now to lock in the best deal.
<a href="https://insidebitcoins.com/visit/99bitcoins" target="_blank" rel="noopener noreferrer nofollow">Visit and buy 99Bitcoins tokens here</a>.
<h3 id="also-read">Also Read:</h3>
<ul>
 <li><a href="https://insidebitcoins.com/buy-cryptocurrency/99bitcoins-price-prediction" rel="noopener noreferrer nofollow">99Bitcoins Price Prediction – $99BTC Profit Potential in 2024</a></li>
 <li><a href="https://insidebitcoins.com/news/99bitcoins-launches-new-learn-to-earn-airdrop-presale-todaytrader-video-review" rel="noopener noreferrer nofollow">99Bitcoins Launches New Learn-to-Earn Airdrop Presale – TodayTrader Video Review</a></li>
 <li><a href="https://www.linkedin.com/pulse/best-penny-crypto-investments-top-picks-explosive-growth-calsona-j8nhe" rel="noopener noreferrer nofollow">Best Penny Crypto Investments: Top Picks for Explosive Growth in 2024!</a></li>
</ul>

Bitcoin Price Prediction As Kamala Harris Mulls Bitcoin 2024 In Nashville, Mt. Gox Transfers $2.47B BTC, And The 99BTC ICO Offers Last Chanc...

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Inside Bitcoins

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