{"id":555969,"date":"2024-07-23T08:32:40","date_gmt":"2024-07-23T08:32:40","guid":{"rendered":"https:\/\/insidebitcoins.com\/?p=555969"},"modified":"2024-07-23T08:32:40","modified_gmt":"2024-07-23T08:32:40","slug":"bitcoin-price-prediction-blackrocks-btc-etf-records-largest-inflows-since-march-as-investors-flock-to-this-learn-to-earn-token-and-its-685-apy","status":"publish","type":"post","link":"https:\/\/insidebitcoins.com\/news\/bitcoin-price-prediction-blackrocks-btc-etf-records-largest-inflows-since-march-as-investors-flock-to-this-learn-to-earn-token-and-its-685-apy","title":{"rendered":"Bitcoin Price Prediction: BlackRock\u2019s BTC ETF Records Largest Inflows Since March As Investors Flock To This Learn-To-Earn Token And Its 685% APY"},"content":{"rendered":"<p><span style=\"font-weight: 400;\">The Bitcoin price dropped 1% in the last 24 hours <\/span><a href=\"https:\/\/www.geckoterminal.com\/eth\/pools\/0xcbcdf9626bc03e24f779434178a73a0b4bad62ed\"><span style=\"font-weight: 400;\">to trade at $67,424<\/span><\/a><span style=\"font-weight: 400;\"> as of 00:50 a.m. EST on trading volume that surged 46% to $42 billion.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">This comes as Bitcoin spot ETFs (exchange-traded funds) cumulatively netted over $17 billion in inflows since launch in January, a new record driven mainly by BlackRock&rsquo;s IBIT.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">IBIT recorded its biggest day of inflow since March, with over $523 million entering the fund on Monday. BlackRock purchased 7,759 Bitcoin on July 22, bringing its total sum to 333,000 BTC, amounting to approximately $22 billion.<\/span><\/p>\n<blockquote class=\"twitter-tweet\" data-width=\"550\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\">&#128680; BlackRock buys 7759 BTC ($523m)!!<\/p>\n<p>HUGE &#128640; <a href=\"https:\/\/t.co\/RgFXSSjOt0\">pic.twitter.com\/RgFXSSjOt0<\/a><\/p>\n<p>&mdash; Julian Fahrer (@Julian__Fahrer) <a href=\"https:\/\/twitter.com\/Julian__Fahrer\/status\/1815532825619435941?ref_src=twsrc%5Etfw\">July 22, 2024<\/a><\/p><\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<h2>Bitcoin Price To Continue Its Surge Over The Ascending Triangle<\/h2>\n<figure id=\"attachment_555988\" aria-describedby=\"caption-attachment-555988\" style=\"width: 1113px\" class=\"wp-caption alignnone\"><img decoding=\"async\" class=\"size-full wp-image-555988\" src=\"https:\/\/insidebitcoins.com\/wp-content\/uploads\/2024\/07\/WBTC_2024-07-23_07-45-06-1.png\" alt=\"Bitcoin Price Chart Analysis Source: GeckoTerminal.com\" width=\"1113\" height=\"488\" srcset=\"https:\/\/insidebitcoins.com\/wp-content\/uploads\/2024\/07\/WBTC_2024-07-23_07-45-06-1.png 1113w, https:\/\/insidebitcoins.com\/wp-content\/uploads\/2024\/07\/WBTC_2024-07-23_07-45-06-1-300x132.png 300w, https:\/\/insidebitcoins.com\/wp-content\/uploads\/2024\/07\/WBTC_2024-07-23_07-45-06-1-1024x449.png 1024w, https:\/\/insidebitcoins.com\/wp-content\/uploads\/2024\/07\/WBTC_2024-07-23_07-45-06-1-768x337.png 768w\" sizes=\"(max-width: 1113px) 100vw, 1113px\"><figcaption id=\"caption-attachment-555988\" class=\"wp-caption-text\">Bitcoin Price Chart Analysis Source: GeckoTerminal.com<\/figcaption><\/figure>\n<p><span style=\"font-weight: 400;\">The Bitcoin price has been on a tear in July, up 16% in the last two weeks, according to data from <\/span><a href=\"https:\/\/www.geckoterminal.com\/eth\/pools\/0xcbcdf9626bc03e24f779434178a73a0b4bad62ed\"><span style=\"font-weight: 400;\">GeckoTerminal<\/span><\/a><span style=\"font-weight: 400;\">. It rose from the $58,000 support zone to soar to $68,444, which acted as the immediate support zone as the price of Bitcoin fluctuated within an ascending triangle pattern.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">BTC price aims for a breakout above, as the asset trades above the 50-day and 200-day Simple Moving Averages (SMAs), confirming the bullish rally to the upside.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Moreover, the Relative Strength Index (RSI) is rebounding from the 50-midline level, as it aims for a breakout above. Trading within the 50-midline level shows that the price is in equilibrium, as the bulls aim to push the token up.<\/span><\/p>\n<h2>Bitcoin Price Prediction<\/h2>\n<p><span style=\"font-weight: 400;\">According to the Bitcoin price analysis on the 1-hour chart, the bulls aim to use the ascending triangle pattern to propel the token to the upside as they target $71,247.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Furthermore, according to 10X Research founder Markus Thielen, there is a solid chance that Republican nominee Donald Trump will surprise everyone by announcing that he will make Bitcoin a strategic reserve asset at the upcoming Bitcoin 2024 conference in Nashville on July 25.<\/span><\/p>\n<p><span style=\"font-weight: 400;\"> This could mean some bullish prospects for the price of Bitcoin in the coming weeks.<\/span><\/p>\n<blockquote class=\"twitter-tweet\" data-width=\"550\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\">&#10071;JUST IN: Taking Profits on Bitcoin Ahead of Trump Conference Appearance Could Be 'Expensive Exercise': Analyst&#10071;<\/p>\n<p>Markus Thielen, founder of 10x Research, fully expects Trump to win the November election, triggering an early exit for SEC Chair Gary Gensler.<\/p>\n<p>&mdash; Better CallBot (@CallBotCrypto) <a href=\"https:\/\/twitter.com\/CallBotCrypto\/status\/1815433648641839393?ref_src=twsrc%5Etfw\">July 22, 2024<\/a><\/p><\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p><span style=\"font-weight: 400;\">However, if the bears take control of the price to breach the critical support at $67,000, the BTC price may retrace further to $62,684.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Meanwhile, Bitcoin investors are also eyeing another Bitcoin-linked project called <a href=\"https:\/\/insidebitcoins.com\/visit\/99bitcoins\" rel=\"nofollow\">99Bitcoins (99BTC)<\/a>, which has just blasted past $2.5 million in funds raised in its presale.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Jacob Bury, a prominent crypto YouTuber, believes that 99BTC has the potential to turn $1K into $10K after launch.<\/span><\/p>\n<p><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><\/p>\n<h2>99Bitcoins Presale Blasts Past $2.5 Million &ndash; Best Crypto To Buy Now?<\/h2>\n<p><span style=\"font-weight: 400;\">99Bitcoins has been a sensation in the crypto space. It&rsquo;s an educational platform with over 700,000 subscribers on its YouTube channel and over 2 million people registered for the website&rsquo;s courses. <\/span><\/p>\n<p><span style=\"font-weight: 400;\">99Bitcoins uses a simplified approach to education with interactive videos to make learning about anything in the space easier and fun.<\/span><\/p>\n<blockquote class=\"twitter-tweet\" data-width=\"550\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\">What is Spatial Computing? Discover how <a href=\"https:\/\/twitter.com\/hashtag\/Blockchain?src=hash&amp;ref_src=twsrc%5Etfw\">#Blockchain<\/a> is transforming AR\/VR, making immersive digital worlds more interactive and secure.<\/p>\n<p>Dive deeper: <a href=\"https:\/\/t.co\/2hlZYRFHBv\">https:\/\/t.co\/2hlZYRFHBv<\/a><a href=\"https:\/\/twitter.com\/hashtag\/99BTC?src=hash&amp;ref_src=twsrc%5Etfw\">#99BTC<\/a> <a href=\"https:\/\/twitter.com\/hashtag\/SpatialComputing?src=hash&amp;ref_src=twsrc%5Etfw\">#SpatialComputing<\/a> <a href=\"https:\/\/twitter.com\/hashtag\/Web3?src=hash&amp;ref_src=twsrc%5Etfw\">#Web3<\/a><\/p>\n<p>&mdash; 99Bitcoins (@99BitcoinsHQ) <a href=\"https:\/\/twitter.com\/99BitcoinsHQ\/status\/1777275219423490318?ref_src=twsrc%5Etfw\">April 8, 2024<\/a><\/p><\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p><span style=\"font-weight: 400;\">99Bitcoins is now set to create a decentralized platform that will allow users to learn more about crypto and earn tokens by leveraging their education.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">It will enhance the learning experience by gamifying Bitcoin education. Users who complete challenges and lessons earn higher rankings and $99BTC tokens as rewards.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">99Bitcoins also integrates with BRC-20, which allows users to easily build dApps on the Bitcoin network.<\/span><\/p>\n<blockquote class=\"twitter-tweet\" data-width=\"550\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\">Introducing $99BTC on BRC-20! &#127891;<\/p>\n<p>Since 2013, <a href=\"https:\/\/twitter.com\/hashtag\/99Bitcoins?src=hash&amp;ref_src=twsrc%5Etfw\">#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\">#Cryptocurrency<\/a>.<\/p>\n<p>We're launching a platform that enables the building of <a href=\"https:\/\/twitter.com\/hashtag\/dApps?src=hash&amp;ref_src=twsrc%5Etfw\">#dApps<\/a> on top of the <a href=\"https:\/\/twitter.com\/hashtag\/Bitcoin?src=hash&amp;ref_src=twsrc%5Etfw\">#Bitcoin<\/a> network!&#128161;<a href=\"https:\/\/twitter.com\/hashtag\/LearnToEarn?src=hash&amp;ref_src=twsrc%5Etfw\">#LearnToEarn<\/a> rewards users on the Bitcoin blockchain.&#128588;<\/p>\n<p>&mdash; 99Bitcoins (@99BitcoinsHQ) <a href=\"https:\/\/twitter.com\/99BitcoinsHQ\/status\/1785308220677853254?ref_src=twsrc%5Etfw\">April 30, 2024<\/a><\/p><\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<h2>Buy And Stake 99BTC For 685% Annual Rewards<\/h2>\n<p><span style=\"font-weight: 400;\">The team has already set aside 14% of the token&rsquo;s 99 billion total supply for staking rewards so you can earn passively through<\/span> <a href=\"https:\/\/insidebitcoins.com\/visit\/99bitcoins\" rel=\"nofollow\"><span style=\"font-weight: 400;\">the platform&rsquo;s staking mechanism<\/span><\/a><span style=\"font-weight: 400;\">. This offers an impressive annual percentage yield (APY) of 685%.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">You can buy 99BTC now for $0.00114. But with a price hike coming in about an hour interested investors need to buy quickly to secure the best deal.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">To join the presale,<\/span> <a href=\"https:\/\/insidebitcoins.com\/visit\/99bitcoins\" rel=\"nofollow\"><span style=\"font-weight: 400;\">buy $99BTC from the official website here<\/span><\/a><span style=\"font-weight: 400;\">. You have the option of buying the tokens using ETH, USDT, or a bank card.<\/span><\/p>\n<h2>Related News<\/h2>\n<ul>\n<li style=\"font-weight: 400;\"><a href=\"https:\/\/www.linkedin.com\/pulse\/best-ai-crypto-coin-projects-top-picks-2023-juliana-clarisse-calsona-d67oe\/\"><span style=\"font-weight: 400;\">&#128640;&#129302; Best AI Crypto Coin Projects: Top Picks for 2023 &#129297;&#128176;<\/span><\/a><\/li>\n<li style=\"font-weight: 400;\"><a href=\"https:\/\/www.linkedin.com\/pulse\/best-metaverse-crypto-projects-top-picks-nft-virtual-world-calsona-r6the\/\"><span style=\"font-weight: 400;\">&#128640;&#127760; Best Metaverse Crypto Projects: Top Picks for NFT and Virtual World Enthusiasts &#127918;&#128176;<\/span><\/a><\/li>\n<li style=\"font-weight: 400;\"><a href=\"https:\/\/insidebitcoins.com\/buy-cryptocurrency\/buy-bitcoin\/debit-card\/\"><span style=\"font-weight: 400;\">How to Buy Bitcoin with Debit Card<\/span><\/a><\/li>\n<\/ul>\n                                        <div class=\"inContentProviderSingle inContentColor--insidebitcoins fc-row\">\n                        <div class=\"inContentProviderSingle--wrapper\">\n                            <div class=\"container\">\n                                <div class=\"row mb-lg-3\">\n                                    <div class=\"col-12 col-md-8\">\n                                        <p class=\"inContentProviderSingle--title\">99Bitcoins (99BTC) - 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