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News – Page 307 – BitcoTasks BLOG
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Bitcoin Whales Maintain Positive Accumulation Behavior Ahead Of 2024 Halving: Report

Bitcoin

Bitcoin began 2024 with a blast gaining by over 73% in the first quarter of the year to establish a new all-time high price of $73,750. And although BTC soon declined from this value following a turbulent price movement in the last month, its biggest stakeholders have shown a consistent accumulation trend throughout the first…

Bitcoin Whales Maintain Positive Accumulation Behavior Ahead Of 2024 Halving: Report Read More »

Is Not Holding ADA A ‘Red Flag’? Cardano’s Founder Thinks So, Community Pokes At Solana

Cryptocurrency Market News

Cardano (ADA)’s founder is a man of many words and many GIFs. Charles Hoskinson’s comments, whether you agree or disagree with them, tend to spark discussions in the crypto community. Hoskinson’s latest X reply spree covered issues from dating advice to his confidence in the ecosystem to Solana’s recent struggles. As a result, several conversations…

Is Not Holding ADA A ‘Red Flag’? Cardano’s Founder Thinks So, Community Pokes At Solana Read More »

Dogecoin Whale Takes $52.3 Million In DOGE Off Binance, Sign Of Buying?

Dogecoin

On-chain data shows a Dogecoin whale made a large withdrawal from Binance today, which may be bullish for the memecoin’s price. A Large Amount Of Dogecoin Has Left The Binance Platform In The Past Day According to data from the cryptocurrency transaction tracker service Whale Alert, a large transfer has been spotted on the Dogecoin…

Dogecoin Whale Takes $52.3 Million In DOGE Off Binance, Sign Of Buying? Read More »

FOMO Gives Way To Fear: Bitcoin-Ethereum Ratio Signals Shift In Crypto Sentiment

Bitcoin News

The recent ratio between Bitcoin (BTC) and Ethereum (ETH) prices suggests a potential decline in risk appetite within the crypto market. The ratio has reached its highest level since April 2021, indicating a stronger demand for Bitcoin than its smaller rival, Ethereum. This development has led crypto asset trading firm QCP Capital to speculate that…

FOMO Gives Way To Fear: Bitcoin-Ethereum Ratio Signals Shift In Crypto Sentiment Read More »

Bitcoin’s Recovery Rally: Breaking Through This Level Is Key To Bullish Momentum – Analyst

Bitcoin News

Over the past week, Bitcoin (BTC) has struggled to move significantly to the upside as the leading cryptocurrency has entered a consolidation phase below the $69,000 mark. This subdued volatility departs from Bitcoin’s usual fluctuations, raising speculation about a potential stagnation phase in its market trajectory. Anticipation Builds For Bitcoin’s Next Rally The cryptocurrency community…

Bitcoin’s Recovery Rally: Breaking Through This Level Is Key To Bullish Momentum – Analyst Read More »

Dogecoin Finds A Bottom: How The 7-Year Cycle Can Send Price To $40

Dogecoin

Dogecoin has had a rather interesting week, first rallying to cross $0.2, before correcting back downward and eventually losing support at $0.8. Nevertheless, there is still a lot of steam left in the cryptocurrency it seems, as crypto analysts have identified both a bottom and a 7-year cycle that could send its price as high…

Dogecoin Finds A Bottom: How The 7-Year Cycle Can Send Price To $40 Read More »

FTX Estate Offloads $1.9 Billion Worth Of Locked Solana (SOL) Tokens In Sale

Solana

In a significant development, FTX bankruptcy trustees have reportedly sold about two-thirds of a $2.6 billion stash of Solana (SOL) at a “deeply discounted price.”  Industry figures such as Galaxy Trading and Pantera Capital were among the investors involved in the deal, according to people familiar with the matter, as reported by Bloomberg. SOL Tokens’…

FTX Estate Offloads $1.9 Billion Worth Of Locked Solana (SOL) Tokens In Sale Read More »

History Favors Bitcoin Bulls Despite Crypto Hedge Funds Increasing Shorts

Bitcoin News

Bitcoin may be dripping lower at spot rates. Still, one analyst is unfazed, expecting the coin to reverse recent losses and snap up firmly before peaking in December 2024. At spot rates, BTC is down roughly 11% from 2024 peaks and struggling to generate sufficient buying pressure, looking at the formation in the daily chart.…

History Favors Bitcoin Bulls Despite Crypto Hedge Funds Increasing Shorts Read More »

XRP To $20 And Ethereum To $20,000: Crypto Analyst Reveals When This Will Happen

Eth

Crypto analyst CrediBULL Crypto has laid out a bullish narrative for Ethereum (ETH) and XRP. He claimed that both tokens could rise to as high as $20,000 and $20, respectively. Additionally, he stipulated when this parabolic price surge is likely to happen.  Ethereum Could Hit A Market Top Near $20,000 CrediBULL Crypto mentioned in an…

XRP To $20 And Ethereum To $20,000: Crypto Analyst Reveals When This Will Happen Read More »

Solana Primed For Takeoff? Expert Analysis Points To Buying Opportunity

Cryptocurrency Market News

Solana (SOL), a prominent player in blockchain technology, finds itself at a crossroads. While crypto analyst Altcoin Sherpa remains bullish on its long-term potential, recent price drops and a surge in failed transactions raise concerns. Is Solana Poised For A Major Rally? Sherpa, known for simplifying complex investment strategies, suggests a buying range of $168-208…

Solana Primed For Takeoff? Expert Analysis Points To Buying Opportunity Read More »

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