Tag Archives: Cryptocurrency Market News

72% Of ETHUSDT Traders On Binance Go Long – Is This The Buy Signal You Need?

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In a recent trading activity on the crypto exchange Binance, 72% of ETHUSDT traders have taken long positions. This interesting sentiment is revealed through the trading analytics platform CoinGlass. This surge in long position is more notable as it comes after a week of Ethereum trending downwards. The strong tilt toward long positions suggests that… Continue reading 72% Of ETHUSDT Traders On Binance Go Long – Is This The Buy Signal You Need?→

Bitcoin Price Fall Increases Buying Momentum, Pushes Exchange BTC Balances To 6-Year Lows

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Following a major price decline in Bitcoin (BTC), market sentiment BTC buying momentum, resulting in the Bitcoin balances on various exchanges dropping to six-year lows.  Bitcoin Reserve On Exchanges Sees Sharp Plunge  With ongoing market volatility and the recent decline in Bitcoin, on-chain data has identified a significant shift in the cryptocurrency’s market activity. CryptoQuant’s… Continue reading Bitcoin Price Fall Increases Buying Momentum, Pushes Exchange BTC Balances To 6-Year Lows→

Crypto Analyst Predicts Bitcoin Price Will Hit New All-Time High If It Breaks This Level

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Bitcoin, which started the month on a negative note, has begun to regain some positive momentum and is up by 1.66% in the past 24 hours. This recovery comes amid renewed optimism in the crypto space, as traders and investors remain hopeful for a solid finish to the year. In a recent post on social… Continue reading Crypto Analyst Predicts Bitcoin Price Will Hit New All-Time High If It Breaks This Level→

Shiba Inu Burn Rate Shoots Up 1,000% – Are New ATH Levels Just Around The Corner?

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Shiba Inu is making waves after wrapping up an astounding 1,000% increase in its burn rate, Shibburn data shows. This has occurred simultaneously with a nearly 7% increase in the value of the meme coin. Market observers are investigating what this may potentially mean for the future of SHIB, especially in light of the increased… Continue reading Shiba Inu Burn Rate Shoots Up 1,000% – Are New ATH Levels Just Around The Corner?→

Market Signals Hint At Bitcoin’s Potential Fall To $52,000—Analyst

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The Bitcoin market is grappling with mixed predictions, fueled by both technical analysis and external factors like geopolitics. Political turmoil has hurt Bitcoin before. When tensions grow, cryptocurrency prices fall, unlike gold, market analysts say. Bitcoin shot down to about $59,000 as the Middle East’s crisis worsened, and then recovered somewhat, but continuing volatility is… Continue reading Market Signals Hint At Bitcoin’s Potential Fall To $52,000—Analyst→

Injective (INJ) Down 20% As Market Retracement Forces Sell-Off

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As the market buckles under the weight of the bearish sentiment, the altcoin market is continually being pulled further down forcing losses to altcoin holders. Injective is one of those altcoins facing massive losses with the token’s price slashed by 20% since last week, representing a strong bearish sentiment in INJ’s market.  Despite the market’s… Continue reading Injective (INJ) Down 20% As Market Retracement Forces Sell-Off→

RENDER: ‘Uptober’ May Come Late As Token Loses 13% 

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Render (RENDER) underperforms in the face of the market’s current pullback, resulting to the token experiencing a strong pullback in the past couple of days. According to CoinGecko, RENDER fell by nearly 13% since last week, putting into perspective the bearishness that overcame the market’s bulls in the start of October. Although the market fell… Continue reading RENDER: ‘Uptober’ May Come Late As Token Loses 13% →

RIP Altcoin Seasons? Crypto Analyst Debates Whether They’ll Ever Return

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In an analysis shared on X, crypto analyst Astronomer (@astronomer_zero) delves into the question that’s been looming over the crypto community in recents months: “Will we never have a proper altcoin season again?” As Bitcoin’s dominance (BTC.D) continues to surge and altcoins struggle to keep pace, Astronomer provides a data-driven perspective challenging the prevailing narratives… Continue reading RIP Altcoin Seasons? Crypto Analyst Debates Whether They’ll Ever Return→

Aptos (APT) Jumps 11% Following Acquisition Of Japanese Blockchain Developer HashPallette

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Aptos (APT) soared over 10% in the last 24 hours following Aptos Labs’ acquisition of HashPallete. The token is leading the market after becoming the largest gainer among the top 100 cryptocurrencies by market capitalization. Aptos To Expand Its Presence In Asia On Thursday, Aptos Labs, the developer of the Aptos network, announced it had… Continue reading Aptos (APT) Jumps 11% Following Acquisition Of Japanese Blockchain Developer HashPallette→

Is Crypto Losing Steam? Bitcoin And Ethereum Addresses Shrink In 2024

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The cryptocurrency market is presently experiencing a substantial decline, as both Bitcoin and Ethereum have experienced a substantial decrease in active addresses. This trend, which has persisted throughout 2024, has triggered apprehension regarding the future of these prominent cryptocurrencies. The implications for market dynamics could be profound as investor enthusiasm diminishes. Declining Active Addresses According… Continue reading Is Crypto Losing Steam? Bitcoin And Ethereum Addresses Shrink In 2024→