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News – Page 284 – BitcoTasks BLOG
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Bitcoin Price Eyes Next Breakout As The Bulls Aim For $70K

Btc

Bitcoin price climbed above the $66,000 resistance zone and started consolidation. BTC is now eyeing the next move above the $67,200 resistance zone. Bitcoin is eyeing a decent increase above the $67,200 resistance zone. The price is trading above $65,500 and the 100 hourly Simple moving average. There is a connecting bullish trend line forming…

Bitcoin Price Eyes Next Breakout As The Bulls Aim For $70K Read More »

Is A $72K Bitcoin Surge On The Horizon? Glassnode’s Latest Analysis Points To An Answer

Bitcoin News

Recent insights from Glassnode’s cofounders, shared under their X (formerly Twitter) account ‘Negentrophic’ have sparked interest in Bitcoin market dynamics, leading to a promising stabilization and possible price surge. Market Sentiments And EMA Trends With Bitcoin’s value recently wavering below the $70,000 mark, a detailed analysis from the cofounders suggests that a strong support level…

Is A $72K Bitcoin Surge On The Horizon? Glassnode’s Latest Analysis Points To An Answer Read More »

Hedge Funds Fall For The Memecoin Frenzy: “Mind-Boggling” Returns Tempt Financial Giants

Meme Coins

In a recent Bloomberg report, it has come to light that the hedge fund industry is increasingly drawn to the allure of the memecoin sector, given the recent price increases and substantial profits that surpass those of Bitcoin (BTC) or the largest altcoins in the market. Memecoin Mania One example of the appeal of memecoins…

Hedge Funds Fall For The Memecoin Frenzy: “Mind-Boggling” Returns Tempt Financial Giants Read More »

Samson Mow On Bitcoin Halving: Brace For Supply Shock, Omega Candle In Sight

Bitcoin News

Samson Mow, the chief executive at Jan3, recently spoke to Forbes about the latest Bitcoin halving and its potential to catalyze what he refers to as the “Omega candles” – significant price movements that could elevate Bitcoin to the $1 million mark. According to Mow, halvings ensure a controlled distribution of Bitcoin, maintaining scarcity and…

Samson Mow On Bitcoin Halving: Brace For Supply Shock, Omega Candle In Sight Read More »

Analyst Says XRP Price Will Reach $100, But This Needs To Happen First

Xrp

Crypto analyst JackTheRippler has raised the possibility of the XRP price rising to $100 soon enough. As part of his prediction, he mentioned what needs to happen for the crypto token to attain such ambitious heights.  How XRP Price Could Rise To $100 JackTheRippler suggested in an X(formerly Twitter) Securities and Exchange Commission (SEC) and…

Analyst Says XRP Price Will Reach $100, But This Needs To Happen First Read More »

Is The Bitcoin Top Already Here? This Historical Pattern Says So

Bitcoin News

A historical pattern currently forming in a Bitcoin on-chain indicator could suggest that a top may be near for the asset, if not already in. Bitcoin SOPR Ratio Is Forming A Historical Top Pattern Right Now In a CryptoQuant Quicktake Spent Output Profit Ratio” (SOPR) is an indicator that tells us whether the Bitcoin investors…

Is The Bitcoin Top Already Here? This Historical Pattern Says So Read More »

This Metric Printed In 2017 Before Bitcoin Exploded: Is A Mega Run Incoming?

Bitcoin News

In a post on X, one analyst has picked out a key on-chain metric that could signal the beginning of a strong leg up, similar to the explosive gains 2017. Currently, Bitcoin prices remain steady and edging higher. However, the coin failed to register sharp upswings, as most traders had predicted before the Halving event on…

This Metric Printed In 2017 Before Bitcoin Exploded: Is A Mega Run Incoming? Read More »

XRP Wallets Holding At Least 1 Million Coins Nears All-Time High As Sentiment Improves

Xrp

With the crypto market on the rise once again, XRP has seen positive headwinds and this has triggered an improvement in sentiment among investors. This positive recovery has seen more crypto investors move to acquire the altcoin, pushing a very important holder cohort toward new all-time high levels. Wallets Holding More Than 1 Million XRP…

XRP Wallets Holding At Least 1 Million Coins Nears All-Time High As Sentiment Improves Read More »

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