Dice

2024

Solana

Bitcoin

Million

The Bitcoin price plunged 3% in the last 24 hours <a href="https://www.geckoterminal.com/eth/pools/0xcbcdf9626bc03e24f779434178a73a0b4bad62ed">to trade at $59,553</a> as of 03:18 a.m. EST on trading volume that dropped 7% to $27 billion. 
This comes as an address associated with the defunct crypto exchange Mt. Gox moved 13,265 BTC worth $784 million. 
According to Alex Thorn, head of research at Galaxy Digital, the latest batch of on-chain movement of BTC may not translate into substantial selling pressure. 
<blockquote class="twitter-tweet" data-width="550" data-dnt="true"> 
 CORRECTION — in a prior tweet i said mt gox tx’d $1.5bn onchain. it was half that — $700m. (sorry, i misread my alerts) 
 AND, we now think that of the 13,265 BTC moved in this tx, only 1,265 ($74.5m) is meant to distro, w/ 12,000 going to estate fresh cold storage 
 so, very small 
 — Alex Thorn (@intangiblecoins) <a href="https://twitter.com/intangiblecoins/status/1826081953696690540?ref_src=twsrc%5Etfw">August 21, 2024</a>
</blockquote> 
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script> 
<h2 id="bitcoin-price-could-still-surge">Bitcoin Price Could Still Surge</h2> 
The Bitcoin price has been in a consolidation phase since August 8, as BTC trades on a sideways pattern within the $61,000 resistance and the $56,665 support zone, according to data from GeckoTerminal. 
BTC has now crossed above the 50-day Simple Moving Average (SMA), which suggests that Bitcoin’s price could be on an uptrend in the short term. 
Moreover, the Relative Strength Index (RSI) also seems to be rebounding from the 50-midline level, currently at 51, as it indicates a growing buying pressure. 
If the buying continues, the Bitcoin price could breach the upper boundary of the sideways pattern. The bulls aim to surpass the 200-day SMA at $62,255 as they target $64,000. 
<figure id="attachment_567281" aria-describedby="caption-attachment-567281" style="width: 100%" class="wp-caption aligncenter">
 <img decoding="async" class="wp-image-567281 size-full" src="https://insidebitcoins.com/wp-content/uploads/2024/08/Uniswap-V3-_GeckoTerminal.com_WBTC_2024-08-21_10-18-13.png" alt="Bitcoin Price Chart Analysis Source: GeckoTerminal.com" width="1255" height="508" srcset="https://insidebitcoins.com/wp-content/uploads/2024/08/Uniswap-V3-_GeckoTerminal.com_WBTC_2024-08-21_10-18-13.png 1255w, https://insidebitcoins.com/wp-content/uploads/2024/08/Uniswap-V3-_GeckoTerminal.com_WBTC_2024-08-21_10-18-13-300x121.png 300w, https://insidebitcoins.com/wp-content/uploads/2024/08/Uniswap-V3-_GeckoTerminal.com_WBTC_2024-08-21_10-18-13-1024x414.png 1024w, https://insidebitcoins.com/wp-content/uploads/2024/08/Uniswap-V3-_GeckoTerminal.com_WBTC_2024-08-21_10-18-13-768x311.png 768w" sizes="(max-width: 1255px) 100vw, 1255px">
 <figcaption id="caption-attachment-567281" class="wp-caption-text">
 Bitcoin Price Chart Analysis Source: GeckoTerminal.com
 </figcaption>
</figure> 
However, if the price of Bitcoin breaches the lower boundary of the pattern at $56,645, BTC could plunge further to find support around $54,635.&nbsp;&nbsp; 
Meanwhile, as the Bitcoin price aims for a bullish rally, other investors are rushing to buy a new GameFi token on Solana called&nbsp;<a href="https://insidebitcoins.com/visit/mega-dice-presale" rel="nofollow">Mega Dice (DICE)</a> that the prominent YouTube channel 99Bitcoins says could soar 100X after launch. 
<iframe title="IS MEGADICE THE NEXT 100X CRYPTO PRESALE GEM?! GAMING + CRYPTO" width="640" height="360" src="https://www.youtube.com/embed/bxVYKtZ-vdw?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="mega-dice-presale-garners-over-1-7-million">Mega Dice Presale Garners Over $1.7 Million</h2> 
The Mega Dice presale is closing in on $2 million in funds raised in its presale. 
 Mega Dice’s influence in crypto gaming is evident with its growing player base of over 50,000, who wager an average of over $50 million monthly. 
<blockquote class="twitter-tweet" data-width="550" data-dnt="true"> 
 Our community's creativity shines in this stunning video featuring <a href="https://twitter.com/search?q=%24DICE&amp;src=ctag&amp;ref_src=twsrc%5Etfw">$DICE</a> 🤩<a href="https://twitter.com/search?q=%24DICE&amp;src=ctag&amp;ref_src=twsrc%5Etfw">$DICE</a> – #1 GameFi project on <a href="https://twitter.com/hashtag/SOLANA?src=hash&amp;ref_src=twsrc%5Etfw">#SOLANA</a>! 🚀 
 There's something for everyone at Mega Dice Casino! 😎 
 Join now 👇<a href="https://t.co/pzizhtZ2pS">https://t.co/pzizhtZ2pS</a> <a href="https://t.co/URjfXHFvae">pic.twitter.com/URjfXHFvae</a> 
 — Mega Dice Casino (@megadice) <a href="https://twitter.com/megadice/status/1817862644566511685?ref_src=twsrc%5Etfw">July 29, 2024</a>
</blockquote> 
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script> 
Users on the platform also enjoy over 4,000 casino games and have access to over 50 sports and eSports betting options. 
Token holders can also <a href="https://insidebitcoins.com/visit/mega-dice-presale" rel="nofollow">earn rewards through staking</a>, receiving daily payouts based on the casino’s profits. 
Mega Dice also offers NFTs for VIP players and a 25% referral commission to further drive engagement and participation on the platform. 
To join the presale, <a href="https://insidebitcoins.com/visit/mega-dice-presale" rel="nofollow">you can buy $DICE on the official website here</a> for $0.110529 per token using BNB, ETH, or SOL. You can also earn 10% on any purchases made by investors you refer. 
<h2 id="related-news">Related News</h2> 
<ul> 
 <li><a href="https://www.linkedin.com/pulse/next-crypto-explode-unveiling-potential-market-shaker-calsona-hmwze">Next Crypto to Explode: Unveiling the Potential Market Shaker of 2024 🚀💥</a></li> 
 <li><a href="https://www.linkedin.com/pulse/best-altcoins-invest-unveiling-top-picks-maximum-returns-calsona-9ceye">Best Altcoins to Invest In: Unveiling Top Picks for Maximum Returns!</a></li> 
 <li><a href="https://insidebitcoins.com/buy-cryptocurrency/buy-bitcoin/credit-card/">How to Buy Bitcoin with Credit Card</a></li> 
</ul>

Bitcoin Price Prediction: BTC Plunges 3% As Mt. Gox Moves $784 Million And This Solana GameFi Crypto Closes On $2 Million

Table of Contents

Inside Bitcoins

Other articles published on Aug 21, 2024

Justin Sun’s SunPump Generates Millions in 11 Days

Esports Scotland merges with eRena Sports, expanding Scottish esports

Tron (TRX) Goes Bullish: Hits Record Transactions and New Accounts

Google Cloud and Prudential partner to develop AI insurance products

Most ͏T͏rend͏ing ͏Cryptocurre͏ncie͏s o͏n P͏olygon͏ – Streamr, Ape͏ and Pepe, ͏L͏an͏dRock͏er,͏ Shib͏a Shootout͏͏

Hashdex and BTG Pactual Secure Second Solana ETF in Brazil as U.S. Approval Remains Unlikely

Join our free newsletter for daily crypto updates!