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Bitcoin Investors In The Red: Losses Trump Profits As Ratio Dips Below 1

Bitcoin

Investors are bracing themselves for a rollercoaster ride as Bitcoin, the flagship digital asset, navigates through choppy waters. Recent data from Glassnode has revealed a noteworthy development: the Realized Profit/Loss Ratio for Bitcoin has dipped below one. This crucial metric, which compares the sell value of Bitcoin with the price at which it was bought,…

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Bitcoin Completes ‘End Run,’ Analyst Says – Here’s What It Means

Bitcoin

Bitcoin (BTC) took a nasty spill over the weekend. Plunging to a gut-wrenching $60,850 before staging a partial recovery to hover around $64,500, this sudden price drop has left the crypto community scrambling for answers. Veteran trader Peter Brandt, known for his eagle eye on market patterns, has stepped into the ring to offer his…

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Bitcoin Bonanza Before The Halving? Analyst Sees Pre-Crash Buying Window

Bitcoin

Bitcoin, the pioneer and flagbearer of the digital currency realm, has once again captured the attention of investors. Recent market dynamics have prompted discussions among analysts and enthusiasts alike, with the spotlight firmly fixed on the possibility of a significant retracement in Bitcoin’s price. Renowned crypto analyst Rekt Capital has examined the current state of…

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Bitcoin ETF Issuers Push Holdings To 4.27% Of BTC Supply Amid Crash To $61,000

Bitcoin

There’s no denying the launch of Spot Bitcoin ETFs has done wonders for the price of Bitcoin and other cryptocurrencies in general. These ETFs have now unlocked institutional demand into the world’s largest crypto asset to change the dynamics ahead of the next halving. On the other hand, recent tensions between Iran and Israel have…

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Market Expert Reveals Why Solana Price Is Poised To Go Higher

Solana

A cryptocurrency analyst, who accurately foresaw the market’s bottom in 2018, is now focusing on Solana, foreseeing a price bottom for the cryptocurrency and identifying its next target after reaching it.  Solana To Rise Above $200 After Hitting This Bottom In a Wednesday X (formerly Twitter) post, a crypto analyst identified as ‘Bluntz’ has pushing…

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Bitcoin Halving: A Tale Of 2 Emotions – Will FOMO Or FUD Rule The Market?

Bitcoin

As the countdown to the much-anticipated 2024 bitcoin halving event nears its climax, the cryptocurrency world finds itself amidst a whirlwind of excitement and speculation. Social media platforms have become abuzz with discussions surrounding the impending halving, according to data from Santiment. This increase in social media chatter indicates a potential for significant price movements…

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Shiba Inu Surpasses 4 Million Addresses, Ignites Frenzy

Shiba Inu

Shiba Inu has achieved a significant milestone by surpassing 4 million addresses. This feat marks a historic moment for the token, symbolizing its growing popularity within the digital asset community. Analysis of address metrics on Glassnode reveals a steady uptrend in Shiba Inu’s address count over the past few months, culminating in this impressive milestone.…

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Bitcoin Below $70,000: Is $80K Still Possible, Or Is The Rally Over?

Bitcoin

Bitcoin, the undisputed king of cryptocurrencies, is once again on a wild ride. After a surge over the weekend that brought it close to shattering its all-time high, the digital asset has dipped back below the crucial $70,000 mark in the last 24 hours. This sudden correction has left investors wondering if the predicted surge…

Bitcoin Below $70,000: Is $80K Still Possible, Or Is The Rally Over? Read More »

SUI Slips After Hitting All-Time High: TVL Tumbles 12% – Token Price In The Gutter?

Altcoin

The burgeoning world of Decentralized Finance (DeFi) has witnessed a rollercoaster ride for newcomer Sui, a Layer 1 blockchain designed to scale DeFi applications. After a stellar start to 2024, Sui’s Total Value Locked (TVL) – a metric reflecting the total value of crypto assets deposited in its DeFi protocols – surged to a record…

SUI Slips After Hitting All-Time High: TVL Tumbles 12% – Token Price In The Gutter? Read More »

PEPE In Peril? Dwindling Exchange Supply Raises Price Jitters

Pepe

The world of memecoins continues to be a rollercoaster ride, and Pepe (PEPE) is no exception. Recent on-chain data reveals a surge in tokens moving out of exchanges, potentially signaling a bullish sentiment among investors. However, conflicting indicators cast a shadow of doubt on the sustainability of this upward trend. Pepe Soars Out Of Exchanges,…

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XRP Price Drops After Massive Whale Dump, Casting Doubt On $1 Target In April

Cryptocurrency Market News

It is now doubtful that the Ripple Labs cryptocurrency, XRP, would be able to hit the much-anticipated $1 price objective this month as its pricing has taken a negative swing today. The market’s general unease over the impending Bitcoin halving and a significant transfer of XRP tokens by a whale also correspond with this fall.…

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