Category: BTC
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Bitcoin Vs. Ethereum: Why This Analyst Believes BTC Will Outperform ETH
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Cryptocurrency Analyst Crypto Kalio He explained why he believes Bitcoin will continue to outperform Ethereum in the near term. He made this assertion based on his belief that Ethereum ETFs It will not have the immediate impact on the price of ETH that many expect. Bitcoin will continue to outperform…
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Why Is Daily BTC Exchange Inflow So Low?
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Bitcoin defies gravity and has an amazing ability to withstand a wave of selling pressure from the Mt. Gox distribution. At the time of writing, Bitcoin has not only managed to hold above $60,000 but has also managed to hold above $62,500, a level that is particularly interesting to traders.…
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Why Is Daily BTC Exchange Inflow So Low?
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Bitcoin defies gravity and has an amazing ability to withstand a wave of selling pressure from the Mt. Gox distribution. At the time of writing, Bitcoin has not only managed to hold above $60,000 but has also managed to hold above $62,500, a level that is particularly interesting to traders.…
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Bitcoin Bullish Signal: NVT Golden Cross Suggests BTC Oversold
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On-chain data shows that the Bitcoin Network Value to Transactions (NVT) Golden Cross is currently at a level that may indicate that BTC is undervalued. Bitcoin NVT Golden Cross has been in the oversold zone recently. As one analyst at CryptoQuant Quicktake explained, mailAccording to the NVT Golden Cross reading,…
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Mt. Gox Moves 47,229 BTC Worth $3 Billion, Where Are The Coins Headed?
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The impending Bitcoin distribution from Mt. Gox has been looming over the crypto market ever since the order to begin repaying creditors was issued. Given the massive amount of Bitcoin in Mt. Gox’s vault, the distribution is expected to put massive selling pressure on the asset. Now that the coins…
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PEPE, WIF, FLOKI Explode by Double Digits While BTC Retraces After Mt. Gox News (Market Watch)
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Bitcoin jumped above $65,000 for the first time in weeks, but the Mt. Gox news sent the asset down more than $2,000 in minutes. The prices of several altcoins, which mostly represent the meme coin industry, have risen by double digits in the past day. BTC goes up and down…
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Bitcoin Bears Crushed: $100M In Crypto Shorts See Flush As BTC Breaks $63,000
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Data indicates that the crypto derivatives market recorded significant liquidations after Bitcoin surged above the $63,000 level. Bitcoin’s surge has led to short liquidations in the derivatives market. According to data from QueenglassThe recent volatility in the cryptocurrency market has led to massive liquidations on the derivatives side. The term…
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BTC Bulls Back in Town but Will $60K Fall?
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Bitcoin recently saw a surge in demand near a crucial support level, leading to a slight recovery above the 200-day moving average at $59.2k. This price action highlights the possibility of a bullish reversal if the price settles above the 200-day moving average. Technical Analysis by Cheyenne Daily chart A…
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Is $73,000 The Top For Bitcoin? Analyst Identifies Where BTC Is In This Cycle
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In March, Bitcoin hit an all-time high above $73,000, sparking a discussions Among market watchers and analysts is whether Cryptocurrency has reached its peak However, one cryptocurrency analyst has provided an in-depth analysis of Bitcoin’s recent price movements and future outlook, suggesting that the leading cryptocurrency still has significant upward…
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Is $73,000 The Top For Bitcoin? Analyst Identifies Where BTC Is In This Cycle
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In March, Bitcoin hit an all-time high above $73,000, sparking a discussions Among market watchers and analysts is whether Cryptocurrency has reached its peak However, one cryptocurrency analyst has provided an in-depth analysis of Bitcoin’s recent price movements and future outlook, suggesting that the leading cryptocurrency still has significant upward…
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Germany’s BTC selling nears an end with only 4,925 Bitcoin left to transfer
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German authorities sold 10,567 bitcoins worth $600 million today, contributing significantly to the 18% drop in bitcoin price over the past month, along with sell-offs from Mt. Gox and Genesis Trading. As of 1:00 p.m. ET on Thursday, July 11, wallets linked to German authorities held 4,925 BTC remaining, currently…
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Germany’s BTC selling nears an end with only 4,925 Bitcoin left to transfer
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German authorities sold 10,567 bitcoins worth $600 million today, contributing significantly to the 18% drop in bitcoin price over the past month, along with sell-offs from Mt. Gox and Genesis Trading. As of 1:00 p.m. ET on Thursday, July 11, wallets linked to German authorities held 4,925 BTC remaining, currently…
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Bitcoin Education Initiative: Santa Monica Launches Office To Enlighten Residents On BTC
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like Bitcoin As digital assets become more widely adopted, many countries are looking to create strategic initiatives that will provide knowledge and understanding regarding the nature of digital assets. One of the latest countries to join the fray is the US coastal city of Santa Monica. Santa Monica Takes the…
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BTC Falls Back to $58K After Failing to Challenge $60K, STX Soars 14% Daily (Market Watch)
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Bitcoin’s rally towards $60,000 has stalled, and the asset is back just above $58,000 after a slight pullback the day before. Stacks emerged as the best performer among large-cap alternative stocks, up 14%. LDO followed, up 7% on the day. Bitcoin price stops at $59K That was less than a…
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BTC Falls Back to $58K After Failing to Challenge $60K, STX Soars 14% Daily (Market Watch)
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Bitcoin’s rally towards $60,000 has stalled, and the asset is back just above $58,000 after a slight pullback the day before. Stacks emerged as the best performer among large-cap alternative stocks, up 14%. LDO followed, up 7% on the day. Bitcoin price stops at $59K That was less than a…
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10,000 BTC Wallets Pack 212,450 BTC to Scale 6 Year High By U.Today
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You Today – In a remarkable development, wallets holding 10,000 (BTC) or more have reached their highest levels of coin accumulation in the past six years. According to data from Santiment, these mega-wallets have now surpassed 3.19 million coins, a feat last achieved in November 2018. Over the past six…
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We Asked ChatGPT Which Meme Coin Will Perform the Best if Bitcoin (BTC) Hits $100,000
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Long summary ChatGPT has highlighted two cryptocurrencies as the best ones that could perform well if Bitcoin hits $100,000, due to strong community support and historical performance. Lesser-known memes like MAGA (TRUMP), Jeo Boden (BODEN), and Kamala Horris (KAMA) could also see gains, also influenced by the upcoming US presidential…
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We Asked ChatGPT Which Meme Coin Will Perform the Best if Bitcoin (BTC) Hits $100,000
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Long summary ChatGPT has highlighted two cryptocurrencies as the best ones that could perform well if Bitcoin hits $100,000, due to strong community support and historical performance. Lesser-known memes like MAGA (TRUMP), Jeo Boden (BODEN), and Kamala Horris (KAMA) could also see gains, also influenced by the upcoming US presidential…
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Bitcoin Whales Sold $1.7 Billion In BTC Last Month: Data
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On-chain data shows that Bitcoin whales have been participating in a significant net distribution over the past month, which could fuel Bitcoin’s bearish momentum. Bitcoin Whales Sell Amid Bear Market As analyst Ali pointed out in a new article, mail On X, BTC whales have been selling recently. The on-chain…