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Bitcoin Investors Be Warned: Legendary MVRV Ratio About To Death Cross

Bitcoin News

On-chain data shows the Bitcoin Market Value to Realized Value (MVRV) Ratio has recently been nearing in on a death cross formation. Bitcoin 30-Day MA MVRV Ratio May Be About To Cross Under 365-Day MA As explained by an analyst in a CryptoQuant Quicktake MVRV Ratio” is a popular Bitcoin on-chain indicator that, in short,…

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Cardano Rises 8% As Hoskinson Reveals Launch Date For Highly Anticipated Chang Fork

Cardano

Cardano (ADA) has seen a strong rally over the past week, up nearly 15% amid a broader recovery in the cryptocurrency market. The price spike also comes on the heels of Wednesday’s announcement of the final launch date for the blockchain’s much-anticipated Chang hard fork upgrade. The Chang hard fork, described as a significant evolution…

Cardano Rises 8% As Hoskinson Reveals Launch Date For Highly Anticipated Chang Fork Read More »

Celestia: Market Dip Leaves TIA Investors 16% In The Red

Cryptocurrency Market News

With the broader crypto market down by 3% in the past 24 hours, Celestia has been washed away by the bearish tide. According to CoinGecko, TIA, Celestia’s native toke, is down over 18% since last week, putting more pressure on the exhausted bulls as the bears eye more downward breakthroughs. Despite its native token’s downward…

Celestia: Market Dip Leaves TIA Investors 16% In The Red Read More »

Solana-Based Memecoin Rug Pulled By McDonald’s Hacker, Market Cap Plummets 98%

Solana

The crypto ecosystem has seen a surge in memecoins and their popularity over the past year. Still, the craze has ushered in a wave of scams and rug pulls targeting unsuspecting investors. The latest victim of this trend is the Solana-based GRIMACE coin, which was the subject of a rug pull. GRIMACE Surges 400% After…

Solana-Based Memecoin Rug Pulled By McDonald’s Hacker, Market Cap Plummets 98% Read More »

Polygon (MATIC) Breakout Could Propel Price To $1 In Days: Crypto Analyst

Altcoin

Polygon (MATIC) stands as one of the top performers in today’s crypto market, ranking third among the top-100 cryptocurrencies by market cap as of August 21. With a gain of 9% within the last 24 hours, the MATIC price recent surge is outpaced only by the Justin Sun associated crypto assets, TRON (+12%) and BitTorrent…

Polygon (MATIC) Breakout Could Propel Price To $1 In Days: Crypto Analyst Read More »

Is A Bitcoin (BTC) Negative Correlation With Stocks A Bullish Signal? Analyst Reveals 

Bitcoin News

Bitcoin (BTC) and U.S. stocks have shown a negative correlation lately, with Bitcoin often moving in the opposite direction of traditional markets. This divergence has caught the attention of analysts and investors, especially as the cryptocurrency enters a period of consolidation along with the broader crypto market. Historically, shifts in this correlation—from negative to positive—have…

Is A Bitcoin (BTC) Negative Correlation With Stocks A Bullish Signal? Analyst Reveals  Read More »

Glassnode Report Reveals Why The Bitcoin Price Dropped Below $50,000

Bitcoin

Bitcoin crashed below $50,000 on August 5 in a sudden dip that saw many positions liquidated in the crypto market. This sudden dip, which cascaded into other cryptocurrencies, took the market by surprise. As such, Bitcoin fell to its lowest price in six months, and many other altcoins followed suit. Although Bitcoin has since recovered…

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Tron Rises 24% Amid New Developments – Will The Uptrend Continue?

Cryptocurrency Market News

Tron (TRX) investors continue to feel bullish even as the market dips after certain on-chain developments help investor sentiment remain high. According to CoinGecko, the token has increased more than 24% since last week, a sign that investors on the platform have held TRX and accumulated to capture more gains.  Tron’s developments will help TRX…

Tron Rises 24% Amid New Developments – Will The Uptrend Continue? Read More »

Bitcoin Derivatives Signal Major Risk Of Explosive ‘Short Squeeze’ Rally Ahead

Breaking News Ticker

As the world’s largest cryptocurrency, Bitcoin (BTC), continues to consolidate between the $58,000 and $60,000 price range with no clear direction, a bullish signal from the derivatives market suggests the potential for sudden and sharp rallies ahead for BTC’s price. Data Shows Aggressive Bitcoin Shorting According to crypto research firm K33 Research, the funding rate…

Bitcoin Derivatives Signal Major Risk Of Explosive ‘Short Squeeze’ Rally Ahead Read More »

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