Tag Archives: cryptocurrency

Institutional Whales Bet Big On Bitcoin As BTC Nears $64,000

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Large investors seem to be upping their ante; at least, that’s the story of Bitcoin and its latest rebound to over $63,000 today. And market watchers have indeed taken notice. On the inside, however, is key on-chain data that suggests Bitcoin whale accumulation and the reactivation of dormant wallets may be signs for a super… Continue reading Institutional Whales Bet Big On Bitcoin As BTC Nears $64,000→

Crypto Analyst: Bull Market Hinges On This Indicator Reaching 45%

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In a detailed post on X, crypto analyst Jamie Coutts outlined various indicators he monitors to gauge when the market might pick up bullish momentum. Crypto Market Might Be In The Final Stage Of The Bearish Phase Coutts, Chief Crypto Analyst at the financial knowledge and education platform RealVision, noted that the cryptocurrency market has… Continue reading Crypto Analyst: Bull Market Hinges On This Indicator Reaching 45%→

Bitcoin Exchange On The Horizon For Europe’s 3rd Biggest Stock Exchange – Details

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According to the Financial Times, the Swiss stock exchange SIX, the third largest in Europe, is exploring the possibility of launching a new Bitcoin and crypto exchange in the country, aiming to position itself to compete with exchanges like Binance, OKX and Coinbase.  SIX Group Plans New Bitcoin Trading Venue Bjørn Sibbern, Global Head of… Continue reading Bitcoin Exchange On The Horizon For Europe’s 3rd Biggest Stock Exchange – Details→

Bitwise CIO Calls Ethereum The ‘Microsoft Of Blockchains’, Can ETH Make A Comeback?

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Bitwise Chief Investment Officer Matt Hougan dubbed Ethereum (ETH) the ‘Microsoft of blockchains’, adding that none of the smart contract platform’s challenges are existential. Ethereum Has Challenges, But None Of Them Are Existential In a recent memo titled ‘A Contrarian Bet on Ethereum’, Hougan highlighted the tumbling ETH/BTC trading pair, indicating the weakening Ethereum price… Continue reading Bitwise CIO Calls Ethereum The ‘Microsoft Of Blockchains’, Can ETH Make A Comeback?→

BREAKING: Fed Cuts Rates—Bitcoin And Markets React With A Bang

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The long-awaited day has arrived: the US Federal Reserve (Fed) has announced its decision to cut interest rates, with significant implications for both Bitcoin (BTC) and the broader cryptocurrency market. Following the announcement, the markets reacted with notable volatility. Bullish Outlook For Bitcoin Just moments ago, the Fed disclosed its decision to reduce the federal… Continue reading BREAKING: Fed Cuts Rates—Bitcoin And Markets React With A Bang→

Bitcoin ETF By BlackRock Registers First Daily Net Inflow In 3 Weeks: What To Know

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BlackRock’s iShare Bitcoin Trust (IBIT) registered its first daily net inflow in three weeks, leading to US spot Bitcoin exchange-traded-funds (ETFs) witnessing a combined net inflow of $12.8 million, data from Farside Investors confirms. BlackRock’s Spot Bitcoin ETF Attracts Net Inflows, How About Other ETFs? BlackRock forayed into the Bitcoin ETF space when the US… Continue reading Bitcoin ETF By BlackRock Registers First Daily Net Inflow In 3 Weeks: What To Know→

Ethereum-Bitcoin Ratio Breaks 0.04 Barrier: Could Altcoins Be At Risk?

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Today’s Ethereum-Bitcoin (ETH/BTC) trading pair slid below 0.04, a level last seen in April 2021. The declining ETH/BTC ratio could have multiple implications for the wider altcoin market. Altcoins Might Suffer Due To Weak Ethereum One of the key indicators to gauge the resiliency of the altcoin market is the ETH/BTC ratio. The ratio essentially… Continue reading Ethereum-Bitcoin Ratio Breaks 0.04 Barrier: Could Altcoins Be At Risk?→

Crypto Trends To Watch: Analyst Details 10 Reasons That Could Lead To Massive Q4 Gains

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As the crypto market grapples with significant volatility and uncertainty, expert analyst Miles Deutscher has outlined ten reasons to be optimistic about the year’s fourth quarter (Q4). With Q4 fast approaching, Deutscher emphasizes that a monumental market shift could catch many investors off guard. Trends And Factors That Could Impact The Crypto Market In a… Continue reading Crypto Trends To Watch: Analyst Details 10 Reasons That Could Lead To Massive Q4 Gains→

Bitcoin On-Chain Health Remains ‘Net Positive’: ARK Invest Report

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Although Bitcoin (BTC) on-chain health remains net positive, from a price perspective two crucial support levels must be maintained for a continued bullish uptrend, notes ARK Invest in its latest monthly report. Bitcoin’s Healthy On-Chain Metrics, What Does It Mean? In its report, ARK Invest posits that Bitcoin requires some upside if its market structure… Continue reading Bitcoin On-Chain Health Remains ‘Net Positive’: ARK Invest Report→

Grayscale Unveils First XRP Trust In The US, ETF Ahead?

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Grayscale, a leading cryptocurrency asset manager, unveiled the first XRP trust in the US, propelling the token’s price by 8% to $0.57 at press time. XRP Trust Announced, Is The XRP ETF Incoming? Digital assets manager Grayscale today announced the launch of a closed-end XRP trust in the US, paving the way for institutional investors… Continue reading Grayscale Unveils First XRP Trust In The US, ETF Ahead?→