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Bitcoin Price Recovery Hinges On This Key Market Indicator, Reveals Analyst

Bitcoin News

The crypto market has recently seen some ups and downs, with Bitcoin facing many fluctuations. According to a recent post by a CryptoQuant analyst known as ‘Kripto Mevsimi,’ the Bitcoin Market Value to Realized Value (MVRV) ratio has dipped below its 365-day moving average. This specific indicator often identifies potential market bottoms and zones where…

Bitcoin Price Recovery Hinges On This Key Market Indicator, Reveals Analyst Read More »

Polygon Soars 16.6% As Binance Completes MATIC To POL Transition

Cryptocurrency Market News

The Polygon Network recently underwent a technical upgrade to migrate their native token from MATIC to POL. Following the migration, the new token’s price struggled to gain momentum, failing to reclaim the $0.39 resistance level. However, Binance’s recent listing of POL has pumped its price above key levels. Binance Completes Polygon Token Migration On Friday…

Polygon Soars 16.6% As Binance Completes MATIC To POL Transition Read More »

Bitcoin’s Momentum Builds, But Reclaiming $60,000 is Crucial, Says Analyst

Bitcoin News

Bitcoin continues to show volatility in the market, with bulls slowly gaining momentum, but key resistance levels remain a challenge. $90,000 Is In Play, But This First Renowned crypto analyst Captain Faibik recently shared his bullish outlook for Bitcoin, forecasting that the asset could touch $68,000 by the end of this month if it successfully…

Bitcoin’s Momentum Builds, But Reclaiming $60,000 is Crucial, Says Analyst Read More »

Bitcoin Price Set For Major Breakout? Coinbase Premium Signals Imminent Move

Bitcoin News

Recent analysis from CryptoQuant highlights that Bitcoin price may soon undergo a significant move, according to an indicator known as the Coinbase Premium. A CryptoQuant analyst under the pseudonym ‘Avocado Onchain’ noted earlier today that the Coinbase Premium, which measures the price gap between Bitcoin on Coinbase and Binance, is showing signs of convergence. The…

Bitcoin Price Set For Major Breakout? Coinbase Premium Signals Imminent Move Read More »

POPCAT Jumps 20% As Whales Load Their Bags, Is A ‘Cat Season’ Ahead?

Cryptocurrency Market News

Solana-based memecoin POPCAT has become a market sensation in the last few months. The token has led the feline sector, becoming the first cat-themed cryptocurrency to reach a $1 billion market capitalization. Whales have noticed the token’s recent performance, loading their bags with millions of tokens in the last few days. Whales Go Popping Their…

POPCAT Jumps 20% As Whales Load Their Bags, Is A ‘Cat Season’ Ahead? Read More »

Failed Solana Token Scheme? Hacker Targets 2.6 Million Indian Cricket Fans With X Scam

Cryptocurrency Market News

On Tuesday, Indian cricket fans were targeted by scammers with a Solana-based token. The attackers attempted to profit from sports fans after hacking Delhi Capitals’ X account. However, the scheme failed to gain much traction despite its peculiar efforts to publicize the memecoin. Crypto Hackers’ New Promotional Method Delhi Capitals, a team from the Indian…

Failed Solana Token Scheme? Hacker Targets 2.6 Million Indian Cricket Fans With X Scam Read More »

Bitcoin’s Leverage Ratio Hits New High: What Does This Mean BTC?

Bitcoin News

The Bitcoin derivatives market has reached a notable milestone, as the estimated leverage ratio for the asset has surged to its highest level of the year, latest data from CryptoQuant shows. This metric, which tracks the ratio of open interest to coin reserves on exchanges, signals increased leverage use among market participants. The growing trend…

Bitcoin’s Leverage Ratio Hits New High: What Does This Mean BTC? Read More »

Is Bitcoin Heading For A Bear Market? Analysts Weigh In On The Price Struggles

Bitcoin News

Bitcoin market performance has been underwhelming since its peak above $73,000 in March 2024. Instead of building on this rally, the top crypto has faced continued consolidation coupled with a series of declines, frustrating many investors. Currently, Bitcoin is down 22.7% from its March high, raising concerns over whether this signals the start of a…

Is Bitcoin Heading For A Bear Market? Analysts Weigh In On The Price Struggles Read More »

Altcoins About To Take Over? Analyst Suggests Time To Accumulate Will End Soon

Cryptocurrency Market News

With only a few weeks before Q4 begins, investors and market watchers remain vigilant of the market’s performance. Many expect the next quarter will kickstart the rally’s second leg up, suggesting that most altcoins will explode in the coming months. Several analysts are bullish about the upcoming performances, hinting that the time to accumulate these…

Altcoins About To Take Over? Analyst Suggests Time To Accumulate Will End Soon Read More »

New ATH Incoming? Analyst Reveals Why Bitcoin’s Next Rally Is Around the Corner

Bitcoin News

Bitcoin has been in a consolidation phase since its renewed peak above $73,000 in March. However, many experts in the crypto space are eyeing potential signs of a breakout that could lead to a new all-time high (ATH). A renowned crypto analyst, Mags, for instance, recently shared his emerged in the past and how they…

New ATH Incoming? Analyst Reveals Why Bitcoin’s Next Rally Is Around the Corner Read More »

Ethereum Sees Massive Outflows from Derivatives: What Does This Mean For ETH?

Ethereum

Ethereum, the second-largest cryptocurrency by market capitalization, has been experiencing noteworthy movements in its derivatives markets. Particularly, according to a recent analysis by a CryptoQuant analyst known as ‘Heisenberg,’ the netflow of Ethereum on derivative exchanges has seen a significant negative shift, exceeding 40,000 ETH. Ethereum Derivative Market Outflow: What It Means For ETH Heisenberg…

Ethereum Sees Massive Outflows from Derivatives: What Does This Mean For ETH? Read More »

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