Category: explains
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Bitcoin Price Under Pressure? Analyst Explains Why Retreat Below $66,000 Is Bad News
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Opeyemi is a skilled writer and passionate about the exciting and unique world of cryptocurrencies. Although the digital asset industry was not his first choice, he has been fully drawn to it since he entered the field over two years ago. Now, Opeyemi prides himself on creating unique pieces that…
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Expert explains why central banks are cutting rates By Investing.com
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In the current economic climate, central banks around the world are considering or are already cutting interest rates. This decision is not without controversy, with some critics arguing that such moves may be ineffective in preventing recession or even exacerbate economic problems. However, as economists at TS Lombard have argued,…
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Expert explains why Ethereum price suffered a harsh reversal
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Ethereum price has fallen for two consecutive days, erasing most of the gains of the past three weeks. Ethereum (ETH) price fell to $3,145 on Thursday, its lowest level since July 13 and 11% below its high point this week. Ethereum Price Chart | Source: TradingView Why is the price…
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ETH Price Could Crash Despite Spot Ethereum ETFs Euphoria, Analyst Explains Why
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With the Ethereum spot ETF expected to start trading on Tuesday, July 23, expectations for the Ethereum price have been rising significantly. Many analysts and market experts have come forward to predict that this will be a major development for the Ethereum price, pushing it to new record highs. However,…
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ETH Price Could Crash Despite Spot Ethereum ETFs Euphoria, Analyst Explains Why
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With the Ethereum spot ETF expected to start trading on Tuesday, July 23, expectations for the Ethereum price have been rising significantly. Many analysts and market experts have come forward to predict that this will be a major development for the Ethereum price, pushing it to new record highs. However,…
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Researcher Explains How Decline In Bitcoin Demand Is Behind Latest Price Correction
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Bitcoin price has been under significant downward pressure in the past few weeks, and this cryptocurrency researcher explains the role of demand in the market correction. Apparent Demand for Bitcoin Is Falling – Is It a Cause for Concern? In a recent post on Platform X, CryptoQuant’s head of research,…
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Researcher Explains How Decline In Bitcoin Demand Is Behind Latest Price Correction
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Bitcoin price has been under significant downward pressure in the past few weeks, and this cryptocurrency researcher explains the role of demand in the market correction. Apparent Demand for Bitcoin Is Falling – Is It a Cause for Concern? In a recent post on Platform X, CryptoQuant’s head of research,…
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Lawyer Explains What Ripple’s Latest Court Win Means For XRP
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On June 20, Ripple Labs Inc. A pivotal victory in its ongoing legal challenges, specifically in the federal class action lawsuit filed in the Northern District of California. the Status (4:18-cv-06753-PJH), presided over by Judge Phyllis J. Hamilton, has been closely watched by the XRP community due to its potential…
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Bitcoin Propped For Major Breakout By September, Analyst Explains Why
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After Bitcoin’s halving in April, analysts and investors remained on the edge of their seats in anticipation of a major price breakout by the number one cryptocurrency. While Bitcoin rose to $71,443 last week, the token quickly suffered a bounce as it fell to $66,936. Interestingly, popular analyst with the…
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Max Keiser Explains How Tether and El Salvador Will Send Bitcoin (BTC) Price to $220K
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American broadcaster and Bitcoin supporter, Max Keizer, believes that the source of the stablecoin Tether and El Salvador, combined with the decline of the US dollar (USD), will push the price of Bitcoin to $220,000 soon. on saturday tweetKeizer said the US dollar is doomed because inflation “is going to…
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Max Keiser Explains How Tether and El Salvador Will Send Bitcoin (BTC) Price to $220K
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American broadcaster and Bitcoin supporter, Max Keizer, believes that the source of the stablecoin Tether and El Salvador, combined with the decline of the US dollar (USD), will push the price of Bitcoin to $220,000 soon. on saturday tweetKeizer said the US dollar is doomed because inflation “is going to…
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Crypto Expert Explains What This Means
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Cryptocurrency analyst Rekt Capital has dropped a bizarre analysis about when Bitcoin might resume its upward trajectory. According to a post on the social media platform This prediction came amid speculation about when and if Bitcoin will continue to rise in price as the current price action of the cryptocurrency…