Investors are on the lookout for interesting perspectives ahead of the anticipated 2024 bull market. There are multiple exciting projects to watch, with Bitcoin (BTC), Ripple (XRP), and Pullix (PLX) among them. While BTC and XRP are well-established cryptocurrencies, Pullix is a new ICO. Bitcoin (BTC): Explosive Growth Anticipated in …
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On-chain data shows the Bitcoin miners have participated in a 3,000 BTC selloff recently, something that may explain the asset’s latest pullback. Bitcoin Miner Reserve Has Taken A Plunge Recently As pointed out by analyst Ali in a new post on X, the BTC miners have participated in some selling …
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Analysts are characterizing MicroStrategy’s stock as akin to an “essentially a leveraged Bitcoin ETF” due to its exposure to the cryptocurrency. In the latest announcement on Wednesday, December 27, MicroStrategy Inc (NASDAQ: MSTR) acquired an additional 14,620 Bitcoins in the past month, spending $615.7 million at an average price of …
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MicroStrategy (MSTR), a prominent Bitcoin holding company, has once again expanded its BTC holdings with a substantial purchase of 14,620 Bitcoin, amounting to a staggering $615.7 million. The former CEO of the American business intelligence (BI) firm announced the acquisition, highlighting the company’s continued confidence in Bitcoin’s long-term potential. With …
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The “smart money index”, which measures the net bullish bets by institutional players through Chicago Mercantile Exchange (CME) Bitcoin futures, has reached an all-time high of over 13,700 in recent days. Large investors have taken large long positions in the Bitcoin (BTC) futures market, indicating that institutional capital is flooding …
Read More »Defunct crypto exchange, Mt Gox has found itself at the forefront of a technical and potentially legal dilemma after unintentionally distributing double payments to customers affected by its 2014 Bitcoin hack. Bitcoin Refund Fiasco After almost 10 years of waiting, victims of the Tokyo-based Bitcoin exchange, Mt Gox implodement are …
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TL;DR XRP’s Recent Market Performance: Ripple’s native token, XRP, experienced significant price movements earlier this year, followed by a downward trend, and is currently showing signs of recovery. Analysts’ Future Price Projections: Various cryptocurrency analysts and social media influencers have shared optimistic forecasts for XRP’s price, predicting substantial growth in …
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TL;DR SHIB’s Recent Performance: Shiba Inu (SHIB) has seen a gradual increase in its price over the past two months, with some analysts predicting a potential rally for the memecoin in the future. Influence of a Bitcoin ETF on SHIB: There is speculation that the launch of a spot Bitcoin …
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TL;DR Solana’s Growth: Solana’s SOL token has seen a significant increase, with its price rising by 1,000% since January, surpassing other major cryptocurrencies in market capitalization and excelling in the NFT sector. Bitcoin’s Recovery: Bitcoin has recovered from its 2022 losses, hitting a yearly high and showing signs of a …
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After an extended consolidation phase around the crucial $45K resistance region, Bitcoin’s price is exhibiting slight fluctuations, possibly forming a double-top pattern. The emergence of this pattern could signal a notable downturn in the short term. Technical Analysis By Shayan The Daily Chart A detailed examination of the daily chart …
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The timing aligns perfectly in 2024 for a spot ETF approval to have already attracted significant investment, and then the halving decreases Bitcoin’s supply right when demand shoots higher. After yet another banner year in 2023 with over 150% gains, all eyes are on Bitcoin (BTC) to see if the …
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With rumors stating that the SEC is likely to approve the first-ever Bitcoin Spot ETF in January 2024, there is a speculative ERC-20 token, which could offer soaring returns following its new exchange listing. This new Bitcoin ETF Token ($BTCETF) is tied to the fate of the Bitcoin Spot ETF …
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