{"id":558053,"date":"2024-07-29T08:20:28","date_gmt":"2024-07-29T08:20:28","guid":{"rendered":"https:\/\/insidebitcoins.com\/?p=558053"},"modified":"2024-07-29T08:20:28","modified_gmt":"2024-07-29T08:20:28","slug":"bitcoin-price-prediction-as-wyoming-university-launches-btc-research-institute-investors-flock-to-this-learn-to-earn-crypto-with-a-675-apy","status":"publish","type":"post","link":"https:\/\/insidebitcoins.com\/news\/bitcoin-price-prediction-as-wyoming-university-launches-btc-research-institute-investors-flock-to-this-learn-to-earn-crypto-with-a-675-apy","title":{"rendered":"Bitcoin Price Prediction: As Wyoming University Launches BTC Research Institute, Investors Flock To This Learn-To-Earn Crypto With A 675% APY"},"content":{"rendered":"<p><span style=\"font-weight: 400;\">The Bitcoin price surged 3% in the last 24 hours <\/span><a href=\"https:\/\/www.geckoterminal.com\/eth\/pools\/0xcbcdf9626bc03e24f779434178a73a0b4bad62ed\"><span style=\"font-weight: 400;\">to trade at $69,305<\/span><\/a><span style=\"font-weight: 400;\"> as of 00:32 p.m. EST on trading volume that dropped 40% to $21 billion.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">This comes as the University of Wyoming prepares to make significant strides in cryptocurrency research with the launch of the Bitcoin Research Institute (BRI).<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Scheduled to open next month, the institute aims to provide high-quality, peer-reviewed studies on Bitcoin, which will position the BRI as a crucial resource for both academic and public understanding of the technology.<\/span><\/p>\n<blockquote class=\"twitter-tweet\" data-width=\"550\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\">ANNOUNCEMENT: The University of Wyoming has established the UW Bitcoin Research Institute. <a href=\"https:\/\/t.co\/qDuYZGmnxo\">https:\/\/t.co\/qDuYZGmnxo<\/a><\/p>\n<p>The BRI aims to produce high-quality peer-reviewed publications about bitcoin from all academic disciplines.<\/p>\n<p>First act: hiring <a href=\"https:\/\/twitter.com\/resistancemoney?ref_src=twsrc%5Etfw\">@resistancemoney<\/a>!<\/p>\n<p>1\/<\/p>\n<p>&mdash; &#8383;radley Rettler (@rettlerb) <a href=\"https:\/\/twitter.com\/rettlerb\/status\/1817560448302031338?ref_src=twsrc%5Etfw\">July 28, 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;\">Bradley Rettler, a Bitcoin activist and Associate Professor at the University of Wyoming, will serve as the institute&rsquo;s director.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">According to Rettler, the industry needs more high-quality peer-reviewed publications, ensuring that the public is informed about Bitcoin and how it works.<\/span><\/p>\n<h2>Bitcoin Price To Continue With The Bullish Trend Over $70,000<\/h2>\n<figure id=\"attachment_558054\" aria-describedby=\"caption-attachment-558054\" style=\"width: 1113px\" class=\"wp-caption alignnone\"><img decoding=\"async\" class=\"size-full wp-image-558054\" src=\"https:\/\/insidebitcoins.com\/wp-content\/uploads\/2024\/07\/WBTC_2024-07-29_07-32-57.png\" alt=\"Bitcoin Price Chart Analysis Source: GeckoTerminal.com\" width=\"1113\" height=\"488\" srcset=\"https:\/\/insidebitcoins.com\/wp-content\/uploads\/2024\/07\/WBTC_2024-07-29_07-32-57.png 1113w, https:\/\/insidebitcoins.com\/wp-content\/uploads\/2024\/07\/WBTC_2024-07-29_07-32-57-300x132.png 300w, https:\/\/insidebitcoins.com\/wp-content\/uploads\/2024\/07\/WBTC_2024-07-29_07-32-57-1024x449.png 1024w, https:\/\/insidebitcoins.com\/wp-content\/uploads\/2024\/07\/WBTC_2024-07-29_07-32-57-768x337.png 768w\" sizes=\"(max-width: 1113px) 100vw, 1113px\"><figcaption id=\"caption-attachment-558054\" 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 in a tear in the last two weeks with an 11% surge. However, on Jul 25, BTC took a slight tumble to the $64,000 support level before rebounding to cross the $69,000 resistance yesterday, 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;\">.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">The price movements over the past four days have formed an ascending triangle pattern, with the price of Bitcoin already retrying the upper boundary of the triangle.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">BTC price also trades above both the 50-day and 200-day Simple Moving Averages (SMAs), confirming the sustained bullish momentum to the upside.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Moreover, the Relative Strength Index (RSI) line indicates that the asset is under intense buying pressure, as it hurtles towards the 70-overbought region, currently at 63.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">The Moving Average Convergence Divergence (MACD) could encourage the buying action, as the MACD lines trade above the neutral line. The blue MACD line also crosses above the orange signal line, indicating a bullish crossover, which could encourage buyers to take more positions.<\/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, BTC is currently on strong bullish momentum. The bulls aim to push the token further above the ascending triangle, targeting $72,000.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">The RSI and MACD show strong buying positions from investors, which could be a bullish factor for the BTC price.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">However, if the bears take control of the price at this level, the price of Bitcoin could retrace to $66,565 (200-day SMA), which acts as a cushion against downward pressure in the short term.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Meanwhile, other investors are rushing to buy the new <\/span><a href=\"https:\/\/insidebitcoins.com\/visit\/99bitcoins\" rel=\"nofollow\"><span style=\"font-weight: 400;\">99Bitcoins (99BTC)<\/span><\/a><span style=\"font-weight: 400;\"> presale with only 8 days left until it closes.<\/span><\/p>\n<h2>99Bitcoins Presale Raises Over $2.5 Million &ndash; Buy Now Before Presale Ends On August 6<\/h2>\n<p><span style=\"font-weight: 400;\">The 99Bitcoins platform has become a crucial resource for newcomers navigating the complexities of the crypto world, especially with the recent surge in its popularity. The platform has over 2 million registered users for its courses and more than 700,000 subscribers on its YouTube channel.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Its latest innovation is the launch of its ICO, which is fueling a groundbreaking Learn-to-Earn (L2E) model. The project is set to gamify crypto education by allowing its users to tackle challenges and complete lessons to earn higher rankings and rewards through $99BTC tokens.<\/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 set to launch its token initially as an ERC-20 token but will integrate it later into the Bitcoin network using the BRC-20 token standard.<\/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 675% Annual Return<\/h2>\n<p><span style=\"font-weight: 400;\">Token holders can also earn passively from<\/span> <a href=\"https:\/\/insidebitcoins.com\/visit\/99bitcoins\" rel=\"nofollow\"><span style=\"font-weight: 400;\">the project&rsquo;s staking option<\/span><\/a><span style=\"font-weight: 400;\">, which offers an annual percentage yield (APY) of 675%.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Influential crypto YouTuber Jacob Bury says that the 99Bitcoins token could turn a $1K investment into $10K after its 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<p><span style=\"font-weight: 400;\">You can buy $99BTC tokens now for $0.00115 each. With a price hike in about one day, buy soon to lock in 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;\"> 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\/where-buy-presale-crypto-unlock-exclusive-early-now-calsona-q7xie\"><span style=\"font-weight: 400;\">Where to Buy Presale Crypto: Unlock Exclusive Early Investments Now! &#127881;&#127881;<\/span><\/a><\/li>\n<li style=\"font-weight: 400;\"><a href=\"https:\/\/www.linkedin.com\/pulse\/upcoming-crypto-presales-unlock-early-investment-calsona-plu5e\"><span style=\"font-weight: 400;\">Upcoming Crypto Presales: Unlock Early Investment Opportunities! &#128640;&#127775;<\/span><\/a><\/li>\n<li style=\"font-weight: 400;\"><a href=\"https:\/\/insidebitcoins.com\/buy-cryptocurrency\/best-cheap-crypto\/\"><span style=\"font-weight: 400;\">Best Cheap Crypto to Buy Now In 2024 &ndash; Low Cost Coins<\/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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