Empowering Your Crypto Journey with Innovation and Insight
Despite Bitcoin’s (BTC) achievement of breaking the $100,000 critical milestone, the cryptocurrency market has been experiencing dominant declines in the past several days. Despite this, the seasoned analyst has explained why Bitcoin’s price has failed to rise. Over the last many weeks, it has ranged from $90,000 to $100,000. Markus Thielen, founder of 10X Research, […]
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The number of days that spot Bitcoin exchange-traded funds in the US has had inflows has grown to ten. The funds received $223.03 million on December 11th, as Bitcoin recovered and surpassed $100,000. The latest data from SoSoValue shows that Fidelity’s FBTC has been receiving fresh investments for the past ten days, totaling $121.9 million […]
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Bitcoin (BTC) is getting close to key price levels that indicate investors should brace themselves for a possible bear market following a month of optimism. From its all-time high of $104,000, the leading cryptocurrency in the world has fallen by around 5% and is currently in a position to reverse its short-term structure. Bitcoin’s Bear […]
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Altcoins suffered greatly following Bitcoin’s December 10 meltdown. Nevertheless, Ethereum has demonstrated resilience and has started to bounce back. This move contrasts with the performance of ETH for most of 2024. However, three indicators have emerged, suggesting that the recent surge in Ethereum’s price to $4,000 is just the beginning and could potentially trigger its […]
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Cryptocurrency trading is no stranger to significant whale activity, where large investors move vast amounts of assets to either accumulate more or influence market movements. In a recent development, an XRP whale made headlines by acquiring a massive $52 million worth of XRP after a notable dip in the coin’s price. This strategic move has […]
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A significant turning point in the cryptocurrency industry was reached when the U.S. spot exchange-traded funds (ETFs) recently exceeded the estimated holdings of Satoshi Nakamoto, the anonymous creator of it. Together, these ETFs held about 1,104,534 BTC as of December 5, 2024, more than Nakamoto’s estimated 1.1 million BTC holdings. US Bitcoin ETFs Now Hold […]
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Recently, Bitcoin crossed the $100,000 threshold for the first time, marking a historic milestone. The re-election of President Donald Trump and the appointment of cryptocurrency activist Paul Atkins to head the Securities and Exchange Commission (SEC) are two reasons for this notable increase. Analysts, however, predict a crucial conflict near significant resistance levels in December […]
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Crypto enthusiasts are divided over Bitcoin’s recent price surge to around $96,000, with Bitcoin whales taking the brunt of the criticism. Despite their reputation as market movers, these large investors who own a disproportionate share of Bitcoin are acting with apparent uncertainty and reluctance based on their recent moves. Whales are still in “wait-and-see” mode, […]
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The cryptocurrency sector is distinguished by its instability and uncertainty, and Bitcoin, the leading cryptocurrency, is no different. Nonetheless, the first week of December 2024 has shown particular obstacles that may interfere with Bitcoin’s potential to be a star. Here are the chief factors that may make this week not ideal for Bitcoin, even though […]
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Bitcoin is a significant investment in the revolution of cryptocurrency. The largest asset manager in the world, BlackRock, had no flows of this kind. Significant inflows into other spot BTC ETFs can strengthen Bitcoin prices. This weekend, several positive factors, which are relatively strong, can push Bitcoin to this enormous value over the weekend. A […]
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