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Bitcoin – Page 27 – BitcoTasks BLOG
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Bigger Risks More Returns: Ethereum’s Volatility Surpasses Bitcoin’s by 50%, Data Shows

Ethereum

Despite Bitcoin (BTC) and Ethereum (ETH) still struggling to reclaim their all-time highs, there appears to be a distinct fact amongst both assets now, as shown in the latest data. Particularly, according to Matrixport’s recent report, Ethereum is now displaying greater price fluctuations compared to Bitcoin in the past weeks. Ethereum’s Volatile Outpacing Bitcoin’s Volatility…

Bigger Risks More Returns: Ethereum’s Volatility Surpasses Bitcoin’s by 50%, Data Shows Read More »

Bitcoin ETFs Are “Important, But Not The Drivers,” On-Chain Analyst Argues

Bitcoin News

An on-chain analyst has explained why the Bitcoin spot exchange-traded funds (ETFs), although important, may be something other than the drivers in the market. Bitcoin Spot ETFs Compared With Other Capital Flows On The Network In a new post on X, on-chain analyst Checkmate has discussed how the different capital flows in and out of…

Bitcoin ETFs Are “Important, But Not The Drivers,” On-Chain Analyst Argues Read More »

Bitcoin at $70K, Ethereum at $4K: Arthur Hayes Predicts When Altcoin Season Will Begin

Bitcoin News

As historically proven, the start of an altcoin season, or ‘altseason,’ a period marked by the strong performance of alternative cryptocurrencies relative to Bitcoin, often begins following a significant increase in BTC’s price. This phenomenon has been elaborated recently by Arthur Hayes, the co-founder of BitMEX and Chief Investment Officer at Maelstrom Fund, who has…

Bitcoin at $70K, Ethereum at $4K: Arthur Hayes Predicts When Altcoin Season Will Begin Read More »

Bittensor (TAO) To Lead The ‘AI Wave’: Analysts Bullish Despite 10% Price Drop

Cryptocurrency Market News

Bittensor (TAO) has been one of the best-performing AI (Artificial Intelligence) tokens this cycle after surging 180% during Q1 2024. The token has significantly retraced from its march all-time high (ATH) and is currently testing key resistance levels. Some crypto analysts seem unsure about TAO’s short-term performance but remain bullish long-term. Bittensor To Lead The…

Bittensor (TAO) To Lead The ‘AI Wave’: Analysts Bullish Despite 10% Price Drop Read More »

Bitcoin Price Crosses $60K, But Struggles to Maintain Pace

Btc

Bitcoin price recovered above the $60,000 resistance zone. BTC is now struggling to clear the $61,200 and $61,500 resistance levels. Bitcoin started a recovery wave above the $60,000 resistance zone. The price is trading above $60,000 and the 100 hourly Simple moving average. There was a break above a connecting bearish trend line with resistance…

Bitcoin Price Crosses $60K, But Struggles to Maintain Pace Read More »

Bitcoin Price Action “Boring” Despite Rapid Accumulation: Is Something Big Cooking?

Bitcoin News

Though buyers stand a chance, Bitcoin is steady when writing, teetering at the $60,000 level. After rejecting August lows, the bounce above the round number at $60,000 to as high as $63,000 by the end of last week was impressive. However, from the daily chart, prices are moving sideways in a possible accumulation, bounded by…

Bitcoin Price Action “Boring” Despite Rapid Accumulation: Is Something Big Cooking? Read More »

Bitcoin Flashes Inverted Triangle, Analyst Peter Brandt Explains What This Means

Bitcoin

Veteran crypto analyst, Peter Brandt has uncovered an inverted or expanding triangle pattern in Bitcoin (BTC). Utilizing classical charting principles, Brandt analyzes the technical pattern formation, highlighting its potential impact on Bitcoin’s price trajectory. What Bitcoin’s Inverted Triangle Pattern Means On August 12, Brandt took to X (formerly Twitter) to expanding Triangle pattern in Bitcoin.…

Bitcoin Flashes Inverted Triangle, Analyst Peter Brandt Explains What This Means Read More »

Bitcoin And Altcoin Bull Run Will Return, Arthur Hayes Reveals Timeline

Cryptocurrency Market News

In a new essay, Arthur Hayes, the co-founder of crypto exchange BitMEX, has outlined a bullish future for Bitcoin and altcoins. His analysis, focused on the interplay between government liquidity operations and asset prices, suggests a looming bull market in the crypto space, driven by strategic fiscal maneuvers by the US Treasury. When Will The…

Bitcoin And Altcoin Bull Run Will Return, Arthur Hayes Reveals Timeline Read More »

AVAX Set For ATH? Analysts Predict Explosive Rise To $285

Cryptocurrency Market News

Avalanche (AVAX) has caught the attention of crypto analysts Whales_Crypto_Trading and Alan Santana. The market sentinels are rather optimistic regarding the price of AVAX, but it may face some consolidation periods and, therefore, possible declines in its price before skyrocketing. The cautious optimism is what makes AVAX very interesting to watch. Technical Analysis Whales Crypto…

AVAX Set For ATH? Analysts Predict Explosive Rise To $285 Read More »

$3 Million PEPE Gamble Sparks Speculation Of Incoming Price Surge

Cryptocurrency Market News

Within the past week, an aggressive accumulation of 420 billion PEPE tokens in two transactions worth 3.13 million USDT has been made by a crypto whale identified as “cookislandstrust.eth”. This strategic move, starting at the height of the market dip on August 5, has returned a profit of $170,000—equating to a 5.5% gain. Whale’s Big…

$3 Million PEPE Gamble Sparks Speculation Of Incoming Price Surge Read More »

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