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Bitcoin Enters ‘Danger Zone’ Post-Halving, Analyst Warns Of Potential Downside

Bitcoin

Following the halving event on April 19, the price of Bitcoin has displayed a puzzling performance. BTC initially gained nearly 10% to trade as high as $67,020 on April 24. However, in the last two days,  the digital asset’s price has declined by 6.49%, falling below the $63,000 price mark.  As expected, such negative performance…

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Forbes Unveils 20 Crypto ‘Zombies,’ Declares Ripple And XRP Among The Undead

Cryptocurrency Market News

In a controversial Layer 1 (L1) tokens, which the news outlet defines as crypto assets with substantial valuations but “limited utility beyond speculative trading.”  These cryptocurrencies and projects include Ripple, XRP, Ethereum Classic (ETC), Tezos (XTZ), Algorand (ALGO), and Cardano (ADA), among others.  XRP And Ethereum Classic In The Spotlight Ripple Labs, the company behind…

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Expert Makes Bold Call: It’s Time To Swap Your Dollars For Bitcoin

Bitcoin News

Billionaire investor Anthony Scaramucci, the founder of SkyBridge Capital, recently discussed the viability of financial assets. He took to X, a social media platform previously known as Twitter and owned by Elon Musk, to highlight the decreasing purchasing power of the United States dollar in comparison to the potential of Bitcoin (BTC). US Dollar Vs.…

Expert Makes Bold Call: It’s Time To Swap Your Dollars For Bitcoin Read More »

Timing The Breakout: When Will Bitcoin Escape The Post-Halving Consolidation?

Bitcoin News

Bitcoin (BTC), the largest cryptocurrency in the market, has been trading within a re-accumulation range between the $59,000 and $70,000 price levels for the past month and a half.  Crypto analyst Rekt Capital recently shared its perspective on this phase and its potential duration, drawing from historical patterns and data in a post on social…

Timing The Breakout: When Will Bitcoin Escape The Post-Halving Consolidation? Read More »

Brace For Price Impact: Dogecoin Whales Move Massive 456 Million DOGE To Exchanges

Dogecoin

Recent on-chain data has shown a transfer of 456 million DOGE tokens into crypto exchange Coinbase amidst a flurry of Dogecoin whale transactions across various exchanges in the past 24 hours. The price of DOGE has majorly traded below the $0.165 price level in the past seven days despite the price uptick among other meme…

Brace For Price Impact: Dogecoin Whales Move Massive 456 Million DOGE To Exchanges Read More »

NEAR Protocol Soars 7.3%, Is It Poised To Go Higher?

Cryptocurrency Market News

As the crypto industry navigates the waves of this bull run, projects like NEAR Protocol (NEAR) are edging forward with new partnerships and developments. NEAR’s remarkable performance has crypto analysts considering that the toke is getting underway for a massive surge. Is NEAR Protocol A “Market Leader”? At the beginning of the week, crypto analyst…

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Bitcoin Under Pressure But Whales Hold Over $331 Billion Of BTC: A Sign To Buy?

Bitcoin News

While Bitcoin prices struggle for momentum and are caged inside a narrow range, on-chain data tells a different story. Taking to X, one analyst notes that whales, which are large crypto holders, are actively accumulating the world’s largest coin by market cap.  Bitcoin Whales Accumulating Despite Weakness By the time this data was shared, Bitcoin whales…

Bitcoin Under Pressure But Whales Hold Over $331 Billion Of BTC: A Sign To Buy? Read More »

Crypto Analyst Predicts Massive Move For Bitcoin, What’s The Target?

Bitcoin

Despite BTC’s recent unimpressive price action, crypto analyst Doctor Profit has shared his bullish sentiment for Bitcoin and the broader crypto market. The analyst further suggested that a parabolic move was imminent and that crypto investors should position themselves accordingly.  Crypto Market Preparing For A “Third Industrial Revolution” Doctor Profit mentioned in an X (formerly…

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XRP Whales Are Active: Here’s Where They Are Sending Coins

Xrp News

On-chain data shows the XRP whales have been active during the past day. Here are the destinations their moves have been heading to. XRP Whales Have Moved Around Big Amounts In Last 24 Hours According to data from the cryptocurrency transaction tracker service Whale Alert, several large XRP transactions have been witnessed on the blockchain…

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Ethereum Withdrawals From Exchanges Top 260,000 ETH – What This Means For Price

Ethereum

Ethereum withdraws from centralized exchanges have ramped up over the last week, suggesting a direction for investor sentiment during this time. Given the sheer volume of ETH withdrawn from these exchanges, it is prudent to try to understand what this could mean for the crypto’s price. 260,000 ETH Leaves Exchanges Amid the uncertainty that has…

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Bitcoin Bearish Signal: Analyst Warns Of Potential Drop To $59,000

Bitcoin

Amidst the anticipated positive effect of the recently concluded Bitcoin Halving event, Ali Martinez, a well-known cryptocurrency analyst and trader has issued a noteworthy warning about BTC’s trajectory, predicting that the price of the crypto asset could undergo a correction to the $59,000 mark. Potential Declines For Bitcoin Martinez’s analysis delves into the potential for…

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