Tag Archives: Bitcoin news

Renowned Economist Reveals What Will Happen If Bitcoin Can’t Hold $60,000

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Chief economist and Bitcoin critic, somber prediction regarding the world’s largest cryptocurrency, Bitcoin. The financial expert has cautioned investors of the potential repercussions should BTC drop below critical resistance levels. Economist Predicts Bitcoin Price Decline In a recent X (formerly Twitter) post, Schiff support levels around $60,000. The economist has argued that Bitcoin’s current price… Continue reading Renowned Economist Reveals What Will Happen If Bitcoin Can’t Hold $60,000→

Is Bitcoin’s Rally Over? Leverage Drops As Halving Highs Fade: Report

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Recent trends in the crypto market have indicated a notable shift in trader behavior, particularly among those investing in Bitcoin. Using data from CryptoQuant, Bloomberg has revealed that the Bitcoin funding rate—the cost for traders to open long positions in Bitcoin’s perpetual futures—has turned negative for the first time since October 2023. This change suggests… Continue reading Is Bitcoin’s Rally Over? Leverage Drops As Halving Highs Fade: Report→

Why Is The Crypto Market Down Today? Key Reasons Explained

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The crypto market is in the red today, with a majority of the top-100 cryptocurrencies reflecting losses over the last 24 hours. Notably, only six altcoins, including two stablecoins, have managed to maintain a positive performance amidst a broader market sell-off. Several complex and intertwined factors have contributed to the day’s negative market sentiment, affecting… Continue reading Why Is The Crypto Market Down Today? Key Reasons Explained→

Bitcoin Whales Continue Buying, Now Hold 25.16% Of All Supply

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On-chain data shows that the Bitcoin whales’ holdings have grown to 25.16% of the entire supply, and their net accumulation has continued recently. Bitcoin Investors With 1,000 To 10,000 BTC Have Continued To Buy Recently According to data from the on-chain analytics firm Supply Distribution,” which keeps track of the percentage of the total circulating… Continue reading Bitcoin Whales Continue Buying, Now Hold 25.16% Of All Supply→

Old Bitcoin Whales Moving Coins: Will This Help Push BTC Above $74,000?

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While Bitcoin struggles to extend gains, on-chain data shared by Ki Young Ju, the founder of CryptoQuant, on X shows increased movement of old coins. As the Bitcoin Average Dormancy chart shows, this trend recently hit a 13-year high.  More Old Whales Moving Coins The Bitcoin Average Dormancy shows the average number of days each BTC has… Continue reading Old Bitcoin Whales Moving Coins: Will This Help Push BTC Above $74,000?→

Bitwise CIO Unveils 5 Major Forecasts For Bitcoin 2028 Halving, Anticipates A 280% Price Surge

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Bitwise Chief Information Officer (CIO) Matt Hougan recently shared five interesting predictions for the next Halving of the Bitcoin (BTC) network, scheduled for 2028. In a comprehensive report, Hougan sheds light on the potential transformations for the world’s leading cryptocurrency. New Investors And ETFs As Catalysts One of Hougan’s key exchange-traded fund (ETF) market will… Continue reading Bitwise CIO Unveils 5 Major Forecasts For Bitcoin 2028 Halving, Anticipates A 280% Price Surge→

Newbie Bitcoin Whales Hold 2x As Much As Veterans: What’s Behind This Trend?

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On-chain data shows the new whale entrants in the Bitcoin market now hold almost twice as much as the veterans. Here’s what could be behind this shift. Bitcoin Newbie Whale Holdings Have Been Rapidly Growing Recently In a new post on X, CryptoQuant founder and CEO Ki Young Ju has discussed about how the holdings… Continue reading Newbie Bitcoin Whales Hold 2x As Much As Veterans: What’s Behind This Trend?→

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

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

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

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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… Continue reading Samson Mow On Bitcoin Halving: Brace For Supply Shock, Omega Candle In Sight→

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

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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… Continue reading This Metric Printed In 2017 Before Bitcoin Exploded: Is A Mega Run Incoming?→