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Is Bitcoin Headed For A Rally Or Ruin? This Key Price Point Could Decide

Bitcoin News

Although Bitcoin has seen a noticeable rebound following its negative price performance on the red Monday witnessed this week, the asset now appears to be at a critical juncture, according to prominent crypto analyst Benjamin Cowen. Cowen disclosed in a series of potential recovery or further losses. However, BTC’s only ability to avoid the further plunge…

Is Bitcoin Headed For A Rally Or Ruin? This Key Price Point Could Decide Read More »

Grayscale Forecasts Bitcoin To Retest All-Time Highs By 2024 End If US Avoids Recession

Bitcoin News

The Bitcoin market experienced a major downturn earlier this week attributed to concerns regarding the US economic outlook and increased volatility in the broader financial markets. Notably, Ethereum’s performance lagged, potentially influenced by heightened futures market activity and selling pressure from select large holders. Despite these challenges, asset manager and exchange-traded fund (ETF) issuer Grayscale…

Grayscale Forecasts Bitcoin To Retest All-Time Highs By 2024 End If US Avoids Recession Read More »

Analyst Says Dogecoin Price Will Surge 2,500% To $2.55, Here’s When

Dogecoin

Following its price surge in 2021, Dogecoin has become one of the most sought-after cryptocurrencies, with many expecting a repeat of this performance. Since then, the Dogecoin price has failed to surge, leaving investors wanting more. However, this period of poor performance may be drawing to a close as a crypto analyst expects a significant…

Analyst Says Dogecoin Price Will Surge 2,500% To $2.55, Here’s When Read More »

Fantom Q2 Performance: Financial Metrics React To Sonic Blockchain Anticipation

Fantom

The Fantom blockchain saw mixed performance in the second quarter (Q2) of the year, with key financial metrics cooling amid the broader cryptocurrency market downturn and the Fantom Foundation’s announcement to rebrand as Sonic Labs, according to a new report from data intelligence firm Messari. FTM Market Cap, Revenue, And Token Economics  After outperforming in…

Fantom Q2 Performance: Financial Metrics React To Sonic Blockchain Anticipation Read More »

Chainlink Going Strong, On Track For $135 Surge By 2025 — Analyst

Cryptocurrency Market News

The community for Chainlink (LINK) has hope thanks to Alan Santana, a famous cryptocurrency expert, who says that the token may soar in the next few months. Even though there are some negative signs as we speak, Santana believes that LINK’s price will go up a lot during the next bull market, possibly hitting an…

Chainlink Going Strong, On Track For $135 Surge By 2025 — Analyst Read More »

Institutional Investor Sends $445 Million USDT To Exchanges, What Are They Buying?

Usdt

Institutional investors have already shown how bullish they are on Bitcoin (BTC) and the broader cryptocurrency market, as they have continued to accumulate with USDT, especially during every dip. This bullish sentiment was again on display as this institutional investor sent $445 million USDT to exchanges to buy more crypto.  Cumberland Sends $445 Million USDT…

Institutional Investor Sends $445 Million USDT To Exchanges, What Are They Buying? Read More »

SUI Explodes 30% After Crypto Market Shows Signs Of Life

Cryptocurrency Market News

Despite the fears that the downtrend will continue, the crypto market resumes its bullish drive upward with the altcoin market showing the most significant gains. SUI is one of those tokens, gaining almost 31% in the past 24 hours as major cryptocurrencies like Bitcoin and Ethereum returned to pre-correction levels.  As the market continues to…

SUI Explodes 30% After Crypto Market Shows Signs Of Life Read More »

Bitcoin Nears $60,000 As Putin Signs Law Legalizing Crypto Mining In Russia

Bitcoin News

In a significant boost for the largest cryptocurrency on the market, Bitcoin (BTC) has surged nearly 9% in the last 24 hours, inching closer to the coveted $60,000 milestone. This price rally comes after BTC hit a 7-month low of $49,000 earlier this week amid broader market uncertainty. Fueling this crypto resurgence is a significant…

Bitcoin Nears $60,000 As Putin Signs Law Legalizing Crypto Mining In Russia Read More »

ARB Surges Nearly 10% As Franklin Templeton Launches Fund on Arbitrum

Arbitrum

Financial asset manager giant Franklin Templeton is the latest merging legacy financial mechanisms with blockchain technology. This leading global asset management firm expanded its digital asset integrations by launching its OnChain US Government Money Fund (FOBXX) on the Arbitrum network. Following this debut, Arbitrum network native token ARB has seen a significant surge in market…

ARB Surges Nearly 10% As Franklin Templeton Launches Fund on Arbitrum Read More »

Bitcoin’s Latest Casualty: Miner Reserves Plunge to 3-Year Low, What’s Next For BTC?

Bitcoin

Amid Bitcoin (BTC) continuous struggle for a major rally to new heights, miners powering the Bitcoin network are experiencing significant economic shifts. Particularly, recent data shows a stark reduction in Bitcoin reserves held by miners, signaling potential shifts in market stance or miner strategies. Bitcoin Miner Reserves: A Plunge To 3-Year Low Following the latest…

Bitcoin’s Latest Casualty: Miner Reserves Plunge to 3-Year Low, What’s Next For BTC? Read More »

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