TL;DR Bitcoin (BTC) rose significantly post-halving, hitting $67K, but recently dropped to $64,000. Future projections suggest a potential rise to $150,000 by end of 2024. Ripple is currently in a trial phase with the SEC over XRP’s security classification, resisting a $2 billion fine and arguing for a maximum of …
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What a week it’s been. Bitcoin’s price plunged by around 8% throughout the past seven days, which saw the total cryptocurrency market tumble. This comes amid times of considerable geopolitical woes as tension between Iran and Israel continues. Let’s dive in. Starting off with Bitcoin, it’s currently trading around the …
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Polkadot’s price has seen a significant decline and found support around the critical $6 mark, exhibiting slight fluctuations indicative of low volatility. However, it’s noteworthy that the cryptocurrency remains firmly within a pivotal range, hinting at an imminent breakout. Polkadot Price Analysis: Technicals By Shayan The Daily Chart An in-depth …
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This week was quite a volatile rollercoaster for the primary cryptocurrency and the rest of the market, perhaps driven by actions undertaken by the US government. Recall that BTC’s price had stalled at around $69,000 last Friday as the bulls had failed to overcome the $70,000 level. Following a relatively …
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Recent Bitcoin price volatility in Asia has been closely linked to automated trading algorithms that monitor flows in US exchange-traded funds (ETFs). According to Bloomberg, this algorithmic trading response to daily US ETF flow data is causing pronounced swings in Bitcoin prices during Asian trading hours. Trading Algos Spoil The …
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TL;DR Bitcoin (BTC) experienced enhanced volatility and currently trades just south of the $70K mark. Despite a 10% drop on a two-week scale, analysts remain bullish on Ripple (XRP), predicting significant future gains influenced by the upcoming Bitcoin halving and the outcome of Ripple’s lawsuit against the SEC. Dogecoin (DOGE) …
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Eleven approved Bitcoin ETFs have painted the pioneering cryptocurrency with a fresh coat of legitimacy. By receiving an official blessing from the Securities and Exchange Commission (SEC), an institutional investing barrier has been lifted. With this barrier gone, financial advisors, mutual funds, pension funds, insurance companies and retail investors can …
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SHIB’s recent price movement has been nothing but explosive. As of late, Shiba Inu has established itself as a leading performer in the cryptocurrency market, performing as high as 300% in a seven day timeframe. Interestingly, a large SHIB transaction seems to have caught the eye of investors. According to …
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[PRESS RELEASE – Panama City, Panama, February 1st, 2024] Integration Comes on the Heels of $2 Million Investment Led By Binance Labs Bracket Labs, a leader in on-chain volatility trading, announces the integration of its trading product, Passage, with BNB Chain, expanding Bracket’s simple, one-click trading platform to the most …
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In light of recent developments in the crypto market, XRP has once again garnered the attention of investors and the community as the crypto asset has witnessed yet another massive whale activity. XRP Whales Moves Over 50 Million Token To CEXs A recent report revealed that an XRP whale recently …
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TL;DR Bitcoin (BTC) began the new year with a significant price rally, surpassing $45,500, influenced by expectations of a US spot Bitcoin ETF, but experienced a downturn to around $42,000 amid market speculations. Ripple’s XRP faced a recent drop in value, reaching a two-month low, but analysts remain optimistic about …
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I’ll start by making a statement that is probably already known to many, especially bitcoiners: money is a form of energy. We expend energy to do work. Then, an agreed-upon form of remuneration that is commensurate with the amount of work put in is earned. The energy spent on that …
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