Category: Bitcoin
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Bitcoin Could Crash To $70,000, Warn Leading Financial Analysts
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This article is also available in Spanish. The recent rejection at the $100,000 level has led to a wave of warnings from top financial analysts, who warn that Bitcoin may be poised for a major pullback towards the $70,000 region, or even $60,000 in some cases. Ali Martinez (@ali_charts), cryptocurrency…
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Bitwise Files Bitcoin Standard ETF Featuring Top BTC-Firms
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Bitwise, a leading digital asset manager, has filed a new registration statement with the US Securities and Exchange Commission (SEC), dated December 26, 2024, seeking approval for the “Bitwise Bitcoin Standard ETF.” the Deposit Describes a fund that aims to invest in publicly traded companies that hold significant amounts of…
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Bitcoin Rally Fizzles as Token’s Record-Breaking Year Winds Down
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(Bloomberg) — Bitcoin’s rally is fading in the final days of a record year for the digital asset, as investors take stock of the remaining momentum from President-elect Donald Trump’s embrace of the cryptocurrency sector. Most read from Bloomberg The largest token was trading at $96,200 as of 6 a.m.…
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Bitcoin ETFs See $226 Million Outflows While Ethereum Gains $130 Million – Signs Of Coming Altseason?
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On December 23, Bitcoin (BTC) exchange-traded funds (ETFs) saw significant outflows totaling $226 million, while Ethereum ETFs saw inflows of $130 million. The stark contrast in net flows between these two ETFs has sparked discussions among cryptocurrency analysts about whether altcoin season may be on the horizon. Capital flows from…
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Bitcoin Erases Christmas Gains: Here’s What Foreshadowed It
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Bitcoin collapsed today, erasing the gains it made from the Christmas rally. Here’s how social media sentiment may have predicted this. Social media users have gotten very excited during the recent Bitcoin rally On Christmas Day, Bitcoin came close to touching the $100,000 mark, but last day, the coin saw…
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Bitcoin Reserve Idea Sparks Cautious Response From Japan PM: Report
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This article is also available in Spanish. According to another a report By Japanese currency publication CoinPostJapanese Prime Minister Shigeru Ishiba has taken a cautious stance on the proposal to create a national Bitcoin (BTC) reserve. Ishiba is hesitant about Bitcoin reserve plans While some policymakers in Japan are calling…
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Analyst Says XRP Price Will Outperform Bitcoin And Ethereum, Reveals ‘Secret Under The Hood’
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This article is also available in Spanish. Cryptographic analyzer Perform encryption Boldly predict that the price of XRP will outperform Bitcoin and Ethereum. The analyst provided an in-depth analysis showing that XRP has a much higher multiple than BTC and ETH. XRP price outperforms Bitcoin and Ethereum in Share XEgrag…
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Is Bitcoin Bull Run Over? What This Legendary Metric Says
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Here’s what the historical trend of Bitcoin’s market cap to realized value (MVRV) ratio suggests regarding whether or not the current uptrend is over. The Bitcoin MVRV ratio can indicate where BTC is in the current cycle In new mail On The MVRV ratio refers to a common on-chain metric…
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Bitcoin Dominated By HODLing Sentiment – Metrics Reveal Holders Move BTC Less Frequently
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Bitcoin has had a roller coaster ride over the past two weeks, showcasing its brand of volatility. After reaching an all-time high (ATH), the leading cryptocurrency saw its price fall by 15%, testing the $92,000 mark as a crucial support level. However, Bitcoin quickly rebounded, rising below the psychological threshold…
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Dow, S&P 500, Nasdaq steady, bitcoin slumps after Christmas break
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US stocks were little changed on Thursday as trading resumed after the Christmas holiday and Wall Street digested one of the only significant economic data points of the week. The S&P 500 (^GSPC) fell slightly, while the tech-heavy Nasdaq (^IXIC) hovered near the flat line. The Dow Jones Industrial Average…
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Here Are The Major Bitcoin Support Levels To Watch As Bulls Push For $100,000 Again
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This article is also available in Spanish. Cryptocurrency analyst Trade PSH has revealed key Bitcoin support levels to pay attention to as Bitcoin bulls seek to rally to… The psychological level is $100,000. The analyst also mentioned the price levels that Bitcoin could reach in the short term as it…
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MicroStrategy Sinks After Nasdaq 100 Inclusion: Bitcoin Bet Under Fire?
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MicroStrategy sinks after Nasdaq 100 listing: Betting on Bitcoin under fire? Benzinga and Yahoo Finance LLC may earn commission or revenue on some items through the links below. shares MicroStrategy Corporation (Nasdaq:MSTR) fell more than 8.5% on Monday, off to a rocky start to its bull run Among Nasdaq 100.…
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Bitcoin Price Targets Key Breakout: Bulls Eye Upside Momentum
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Bitcoin price has started to rise well above the $96,000 level. Bitcoin may continue to rise if it crosses the $100,00 resistance area. Bitcoin started a good upward movement above the $96,000 area. The price is trading above $96,500 and the 100 hourly simple moving average. There is a solid…
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Crucial Bitcoin Metric Back To Healthy Bull Levels: Analyst
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One analyst explained how the important Bitcoin indicator is returning to levels that could be considered healthy for a market uptrend. Short-term holders of Bitcoin realized that the price was no longer growing very quickly In new mail On Day “Price Realized” here refers to an on-chain metric that tracks…
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Bitcoin Is Forming A Symmetrical Triangle – Can BTC Reclaim $100K?
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This article is also available in Spanish. Bitcoin delighted investors with a rally on Christmas Eve, rising from $92,300 to an intraday high of $99,400. The rapid rise reignited bullish sentiment as the price managed to hold a critical demand level, signaling strength and positioning BTC to challenge the $100,000…
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Current Bitcoin Correction Remains Within Historical Limits – The Impact Of An 11.7% Market Drawdown
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Bitcoin is showing remarkable resilience as it remains strong above the $92,000 demand level, reflecting a bullish structure in the face of recent volatility. Yesterday, the leading cryptocurrency rose to $99,400, indicating renewed momentum and increased optimism among investors. This increase reaffirms Bitcoin’s ability to bounce back from local lows…
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A Very Bitcoin Christmas
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It was the night before Christmas, and all along the chain, Bitcoin was rising, without anyone experiencing the pain. The bulls are back, skating on bears left and right, and now six-figure Bitcoin is a daily sight. All the miners were buzzing, and hashrates were on the rise, locking the…
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Bitcoin Dominance Breakdown Confirmed – The Next Altseason Is Right Around The Corner
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Bitcoin is struggling to reclaim the $100,000 mark, facing persistent resistance while finding strong support around $94,000. Yesterday brought an interesting development to the cryptocurrency market. While Bitcoin faced selling pressure and volatility, altcoins stole the spotlight, with many posting impressive gains of over 10%. This shift indicates a potential…
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Bitcoin Price Comeback: Can It Regain Ground?
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This article is also available in Spanish. Bitcoin price started a recovery wave above the $95,000 level. Bitcoin may continue to rise if it crosses the $100,00 resistance area. Bitcoin started a good upward movement above the $95,000 area. The price is trading above $95,000 and the 100 hourly simple…
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Bitcoin Faces Short-Term Uncertainty as Exchange Inflows Surge and Tether Liquidity Drops
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Bitcoin has recently seen mixed market movements, with analysts closely guarded Watching On-chain data to understand the short-term path of the leading cryptocurrency. On-chain metrics indicate a notable shift in exchange activity, with Tether (USDT) seeing significant outflows while Bitcoin (BTC) inflows to exchanges remain elevated. This trend indicates a…