Category: BTC
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Bitcoin Demand Growing At Fastest Pace Since April — Is BTC Price Next?
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According to the latest on-chain data, demand for Bitcoin, the world’s largest cryptocurrency, has accelerated over the past few days. The question here is: Could this increasing pressure spur Bitcoin’s rise? Could the recent surge in demand restart the upward trajectory? Julio Moreno, head of research at CryptoQuant, has moved…
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Bitcoin Whales Buy Over 1.5 Million BTC In 6 Months: A Mega Rally Incoming?
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Bitcoin is under pressure at press time, given the trends over the past two weeks. Despite the rally in September, the bulls started to go wrong in October, falling from around $66,000. Although the coin is up at press time, rebounding from below $60,000 after the October 10 plunge, buyers…
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Bitcoin Whales Bought 1.5M BTC In The Past 6 Months: Smart Money Accumulation?
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Bitcoin is experiencing significant volatility and uncertainty after falling below the $60,000 level. This decline sparked mixed reactions among investors. Some view this as a potential bear trap, indicating that the price may rise soon, while others fear that the market may be heading towards a deeper correction. Despite the…
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Bitcoin Set For Explosive Growth As BTC Enters Early Stages Of Mega Bull
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Despite the recent volatility in the cryptocurrency market in general, Bitcointhe major digital asset is showing signs of an imminent significant rally, possibly to a new peak, indicating a potential positive shift in price action to the upside. A massive Bitcoin race is beginning to unfold Bitcoin is said to…
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Whales Put $100B into BTC: Is a Rally Coming?
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Bitcoin (BTC) is attracting attention with new whale transactions and rising ETF inflows. Recently, more than $100 billion has been pumped into Bitcoin by large players, known as whales. Could this mean a new high in BTC prices? In this article, we’ll explain how these inflows could change the market,…
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Here’s Why It Might Be Great News For BTC
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Meet Samuel Edem, nickname – HIM-buktu. Web3 content writer, journalist, and aspiring trader, Edyme is as versatile as they come. With a knack for words and an understanding of trends, he has written articles for numerous industry players, including AMBCrypto, Blockchain.News, and Blockchain Reporter, among others. Edyme’s foray into the…
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Here’s Why It Might Be Great News For BTC
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Meet Samuel Edem, nickname – HIM-buktu. Web3 content writer, journalist, and aspiring trader, Edyme is as versatile as they come. With a knack for words and an understanding of trends, he has written articles for numerous industry players, including AMBCrypto, Blockchain.News, and Blockchain Reporter, among others. Edyme’s foray into the…
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Fewer And Fewer People Willing To Sell BTC
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Bitcoin is a deflationary asset with fixed supply, unlike Ethereum, whose supply increases or decreases annually depending on network usage. There will only be 21 million Bitcoins in circulation, and a decent portion beyond 4 million is non-refundable. Fewer and fewer owners want to sell Bitcoin Now, the latest data…
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US Spot ETFs Hold 4.6% Of Bitcoin Supply – Is BTC Institutional Demand Growing?
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Bitcoin and the entire cryptocurrency market find themselves at a pivotal moment after several weeks of price volatility. While analysts and investors are closely monitoring market trends, many are optimistic about the potential rise in the coming months. An important factor influencing this sentiment is the recent entry of US…
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Bitcoin Struggles In Early October: Bullish Rebound Ahead For BTC?
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Bitcoin (BTC) has had a difficult start to a historically bullish October, weighed down by escalating geopolitical tensions in the Middle East. Despite this, the bulls remain optimistic of a turnaround later in the month. Bitcoin’s ‘Uptober’ is off to a patchy start The leading digital asset by reported market…
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Bitcoin Miner Selling Pressure Falling, Will BTC Find Support At $60,000?
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Bitcoin is selling off at writing and approaching psychological support at $60,000. From what’s clear on the daily chart, it represents a weak start to Q4 2024 – a historically bullish quarter. Bitcoin miners reduce their dumping While Bitcoin is under pressure, down nearly 10% from its September highs, it…
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HODLer Bags Grow By 959,000 BTC
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On-chain data shows that long-term holders of Bitcoin have seen a sharp net increase in supply over the past month. The supply of long-term Bitcoin holders is growing rapidly at the moment As CryptoQuant Community Manager Maartunn explains in a new report mail On X, the BTC supply has recently…
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Bitcoin Whale Activity Hints At Upside: Big Players Bought 50,000 BTC In Just 10 Days
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Bitcoin recently faced a 10% correction since last Friday, but is now settling above a crucial support level that could pave the way for a price rally. Analysts and investors are eagerly watching the market, hoping that BTC will regain momentum. With the potential for increased demand on the horizon,…
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Bitcoin Data Suggests Strong Upside Potential As BTC Delivers $264M In Average Net Profit
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Bitcoin is now trading at a critical level after a 5% decline from its recent local highs of around $66,500. The entire cryptocurrency market is experiencing volatility, yet investors remain optimistic about the coming months. The Federal Reserve’s decision to cut interest rates significantly boosted market sentiment, raising expectations of…
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Bitcoin Data Suggests Strong Upside Potential As BTC Delivers $264M In Average Net Profit
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Bitcoin is now trading at a critical level after a 5% decline from its recent local highs of around $66,500. The entire cryptocurrency market is experiencing volatility, yet investors remain optimistic about the coming months. The Federal Reserve’s decision to cut interest rates significantly boosted market sentiment, raising expectations of…