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Bitcoin Demand Surge: Binance Buyers Take Charge As Coinbase Premium Falls

Bitcoin News

A recent analysis from a CryptoQuant analyst, known by the pseudonym ‘Avocado Onchain,’  has highlighted a notable development in the Bitcoin market. According to the analyst’s observations, the Coinbase Premium, which tracks the price difference between Bitcoin on Coinbase and Binance, has turned negative. This indicates that the price of Bitcoin is lower on Coinbase…

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Bitcoin Approaches $65,000: Is Now The Perfect Time To Buy?

Bitcoin News

As Bitcoin price valuation inches closer to the $65,000 mark, the asset has grabbed the attention of market analysts, with one recently highlighting a key indicator that now suggests a potential further recovery in BTC’s price. Particularly, according to a recent post on the CryptoQuant Quicktake platform by an analyst under the pseudonym ‘Darkfost,’ the…

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Solana (SOL) Flies 12% To Reclaim $140, Is $160 Next?

Solana

Solana (SOL) joined the recent crypto market pump after climbing 10% on Thursday. SOL’s price broke above a key resistance level, reigniting the bullish sentiment among investors and traders who believe the cryptocurrency is soon poised to reclaim higher targets. Solana Breaks Above Key Resistance Level Following the highly anticipated US Federal Reserve (Fed) rate…

Solana (SOL) Flies 12% To Reclaim $140, Is $160 Next? Read More »

Will Bitcoin Break Through $70k? Short-Term Holders’ Buy Price Holds The Key

Bitcoin News

Recent CryptoQuant analysis suggests that short-term Bitcoin holders’ average buy price could be a key factor in predicting the leading crypto’s future movements. The focus is on holders who have had Bitcoin for months, with historical data indicating that their average buy price often serves as a critical support or resistance level. These short-term holders’ buy prices…

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Ethereum Holders Show Mixed Signals: Are The Big Players Losing Interest?

Ethereum

Ethereum (ETH) holders appear to be adopting varying strategies amid ongoing market uncertainty, latest data from CryptoQuant shows. Particularly, according to a recent analysis by a CryptoQuant analyst under the pseudonym ‘Darkfost,’ a noticeable shift in ETH’s investor behaviour is taking place. So far, larger holders of Ethereum and smaller retail investors are exhibiting signs…

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Dogecoin Sees Surge In Transactions: Is a Massive Breakout on the Horizon?

Dogecoin

Amid the sluggish price performance, Dogecoin is now seeing a rise in one of its major metrics. Recently, data from the market intelligence platform IntoTheBlock revealed that the asset has recently exhibited a surge in transaction activity. For context, a rise in a crypto asset’s transaction activity typically indicates increased use and interest in that…

Dogecoin Sees Surge In Transactions: Is a Massive Breakout on the Horizon? Read More »

XRP To Have ‘The Mother’ Of All Bull Runs, Analyst Sets Double-Digit Target

Xrp

The recent XRP price action has sparked a broader bullish sentiment among crypto investors and analysts. The cryptocurrency’s 10% surge in the last week has driven the price above levels not seen in nearly a month, continuing its green performance in most long-term timeframes. As a result, some market watchers have set their bullish targets…

XRP To Have ‘The Mother’ Of All Bull Runs, Analyst Sets Double-Digit Target Read More »

Crypto Analyst Reveals Key Insights into Bitcoin’s Bull-Bear Transition Phase

Bitcoin News

Bitcoin has long been characterized by its cycles of bull and bear markets, each marked by the trajectory of its price movements. However, the crypto appears to be in a transitional phase, according to a CryptoQuant analyst under the pseudonym CryptoHell. CryptoHell has recently shared insights into Bitcoin’s current market cycle, providing investors with key…

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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…

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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…

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