Category: BTC
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Bitcoin Open Interest Growth Lags As Price Rebounds: Here’s What It Means For BTC
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As Bitcoin (BTC) recovers from its recent lows around $52,500, open interest in the digital asset is rising much slower than the asset’s price. Bitcoin price rise may be driven by forex market Cryptocurrency trader and investor Daan Crypto made an interesting observation about Bitcoin’s open interest and the asset’s…
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Helium: Crypto Bulls Pump HNT and Mpeppe Casino During Bitcoin’s BTC Downturn
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Amidst the Bitcoin market slowdown and altcoin turmoil, smart investors are turning their attention to emerging projects like Helium (HNT) and Mbebe (Mbebe)Both of these cryptocurrencies have shown strong resilience, with whales occupying significant positions in each. The recent growth in the Helium ecosystem has made it a standout performer,…
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Bitcoin Fear And Greed Index Falls To ‘Extreme Fear’ As BTC Dips Below $54,000
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This article is also available in Spanish. On Friday, the fear and greed index in the cryptocurrency market fell. decreased “Extreme fear,” reflecting growing anxiety among investors as Bitcoin fell to a weekly low of $53,700. This decline represents a continuation of the broader sell-off that has plagued the market,…
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Bitcoin 200-Day Average Signals Waning Bullish Momentum, Here’s What It Means For BTC Price
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This article is also available in Spanish. The 200-day simple moving average (SMA), a key long-term price indicator for Bitcoin, appears to be losing upward momentum as the U.S. economy slows. Added Fewer jobs in August 2024. Bitcoin must overcome the 200-day simple moving average to reverse the trend The…
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Bitcoin Plunges Under $58,000 As Coinbase Users Sell BTC
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Data shows that Bitcoin users on the Coinbase exchange have been selling recently, which is likely the reason behind BTC’s drop below $58,000. Bitcoin drops below $58,000 in latest drop Contrary to what investors might have hoped, Bitcoin didn’t appear to be shaking off the downward winds as the currency…
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Bitcoin Plunges Under $58,000 As Coinbase Users Sell BTC
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Data shows that Bitcoin users on the Coinbase exchange have been selling recently, which is likely the reason behind BTC’s drop below $58,000. Bitcoin drops below $58,000 in latest drop Contrary to what investors might have hoped, Bitcoin didn’t appear to be shaking off the downward winds as the currency…
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Whale buys 2,000 Bitcoin in 4 days, now holds $490m in BTC
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A large Bitcoin transaction was recorded on September 2 when an investor purchased 1,000 Bitcoins for $57.3 million. These whales buy signs Second time Within four days, 1,000 Bitcoin (BTC) were acquired on Binance, bringing the total accumulation to 2,000 BTC. The investor currently holds 8,559 BTC, worth $490 million.…
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Whale buys 2,000 Bitcoin in 4 days, now holds $490m in BTC
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A large Bitcoin transaction was recorded on September 2 when an investor purchased 1,000 Bitcoins for $57.3 million. These whales buy signs Second time Within four days, 1,000 Bitcoin (BTC) were acquired on Binance, bringing the total accumulation to 2,000 BTC. The investor currently holds 8,559 BTC, worth $490 million.…
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Is Bitcoin (BTC) Headed For A Deeper Correction? $56K Breakdown Could Spell Trouble
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Bitcoin is currently experiencing volatile and uncertain price action, with the recent 10% correction sparking investor concerns. While this decline is smaller than the 30% declines seen in recent months, it is doing much more damage to market sentiment as investors grow increasingly concerned about ongoing market dynamics. The mood…
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Bitcoin (BTC) Stumbles Below $60,000 As Data Shows Slowing Net Capital Inflows
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Bitcoin (BTC) is currently trading below $60,000 after experiencing a period of volatility and a significant 11% correction from its peak of $65,103 last Sunday. This sharp decline reflects the growing uncertainty and fear that is prevailing in the market. Recent key data from Glassnode reveals a worrying slowdown in…
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4 Crucial Support Levels To Watch If BTC Falls
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Bitcoin is trending lower as of this writing, cooling off after an encouraging surge on August 23. While the uptrend continues, and the coin is not far from $63,000, there is no reason to rule out the possibility that sellers will continue to pressure. A continuation of the early August…
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BTC Currently Valued at Fair Market Price, Bitcoin Magazine Pro Data Shows
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At the time of writing, Bitcoin is currently worth $63,500, which is considered a fair market price according to the Bitcoin Cycle Master chart and data from Bitcoin Magazine Pro. The Bitcoin Cycle Master chart incorporates on-chain metrics, including days of value destruction and final price, to assess Bitcoin’s position…
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Bitcoin on Path To Replicate Nasdaq’s 2014 Rally Says Analyst, BTC Price Eyes $120,000 Amount
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Bitcoin is currently in a period of consolidation and disbelief after weeks of violent volatility and uncertainty. This period is followed by a series of corrections and weak consolidations, which often precede significant market movements. Historically, Bitcoin price action tends to build momentum during such phases, paving the way for…
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Bitcoin on Path To Replicate Nasdaq’s 2014 Rally Says Analyst, BTC Price Eyes $120,000 Amount
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Bitcoin is currently in a period of consolidation and disbelief after weeks of violent volatility and uncertainty. This period is followed by a series of corrections and weak consolidations, which often precede significant market movements. Historically, Bitcoin price action tends to build momentum during such phases, paving the way for…
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Bitcoin Maxi, CEO Expects ‘$0.01 Million’ As Threshold For BTC ‘Sale’
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Bitcoin influencer and CEO of JAN3, Samson Mu, has recently made waves with his predictions about the future price of Bitcoin. He shared his bullish predictions for the price of Bitcoin in a recent post on social media site X (formerly Twitter). According to Mo, Bitcoin is in a “sell”…
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Bitcoin (BTC) Long-Term Holders Locking Consistent Gains: A Sign Of Stability?
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Over the past few weeks, after a series of corrections, Bitcoin and the broader cryptocurrency market have seen a significant rally from the 2024 lows. Related reading The momentum gained notable momentum on Friday after Federal Reserve Chairman Jerome Powell announced a policy shift, hinting at a possible interest rate…
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Bitcoin (BTC) Long-Term Holders Locking Consistent Gains: A Sign Of Stability?
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Over the past few weeks, after a series of corrections, Bitcoin and the broader cryptocurrency market have seen a significant rally from the 2024 lows. Related reading The momentum gained notable momentum on Friday after Federal Reserve Chairman Jerome Powell announced a policy shift, hinting at a possible interest rate…
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OTC Bitcoin Wallets Swell Amid Low Volatility: 57,000 BTC Added In A Month
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Over the past month, the price of Bitcoin has experienced a lot of volatility, culminating in a total loss of 3.09% according to Data from CoinMarketCap. It is worth noting that despite intermittent price surges, the market-leading cryptocurrency failed to reclaim the $65,000 price zone throughout August. However,Amidst this bear…
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Bitcoin (BTC) Ready To Break Past $65,000, On-Chain Data Shows
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Yesterday, Bitcoin (BTC) surged more than 6% after Federal Reserve Chairman Jerome Powell announced a policy adjustment and hinted at a possible 25 basis point interest rate cut at the next meeting on September 18. This unexpected news has led to Bitcoin’s recent volatility, with prices swinging unpredictably in recent…
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Bitcoin (BTC) Ready To Break Past $65,000, On-Chain Data Shows
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Yesterday, Bitcoin (BTC) surged more than 6% after Federal Reserve Chairman Jerome Powell announced a policy adjustment and hinted at a possible 25 basis point interest rate cut at the next meeting on September 18. This unexpected news has led to Bitcoin’s recent volatility, with prices swinging unpredictably in recent…