Bitcoin rises 4% amid long liquidations, and short-term holders realized share
$BTC Bitcoin rose above $63K following a bounce off the $59K level.The recent decline in Bitcoin between Wednesday and Thursday led to long liquidations of $290 million.Short-term holders realized share have declined over the last three months. Bitcoin (BTC) climbed above $63,000 on Friday after Mt Gox pushed its repayment plans to 2025, easing tension among investors. Meanwhile, CryptoQuant data reveals that Bitcoin long liquidations hit $290 million on Thursday, the highest le
Ethereum Price Forecast: ETH reclaims $2,395 support but risks inflationary pressure with Unichain's
Ethereum Price Today: $2,440 Ethereum price reclaimed the $2,395 support level but could see a rejection near the $2,490 resistance.Ethereum's inflationary pressure could rise with the launch of Unichain.Uniswap accounts for a large percentage of total Ethereum revenue and ETH burnt. Ethereum (ETH) reclaimed the $2,395 support level on Friday and is attempting a move toward the $2,490 resistance. The top altcoin could face inflationary pressure in the coming months when Uniswap's Unichain goes l
Bitcoin risks worst October in six years following high US inflation data and S&P 500 correlation
Bitcoin reached a three-week low after US September inflation data came in higher than expected.With recent economic data not favoring a rate cut, Bitcoin could be set for worst October performance in years.Bitcoin could see further declines if it follows historical pattern with S&P 500. Bitcoin (BTC) and the crypto market trended downward on Thursday as the US Consumer Price Index (CPI) data for September showed that inflation is rising again, reducing the already slim chances of the Federal Re
Crypto Today: Bitcoin consolidates near $61,000, Ethereum hovers around $2,400, XRP adds nearly 3%
Bitcoin holds steady at around $61,000 on Thursday, noting $30.6 million outflows across ETFs the prior day. Ethereum ranges below $2,400 as all Ether ETFs noted neutral flows on Wednesday.XRP adds 3% to its value and trades above $0.5300 on Thursday. Bitcoin, Ethereum and XRP updates Bitcoin (BTC) Spot Exchange Traded Funds (ETFs) observed $30.6 million in outflows on Wednesday. The largest crypto-asset by market capitalization trades at $61,039 at the time of writing on Thursday and adds nearl
IS DOGS A SCAM OR IS IT BECAUSE I DIDN'T GET ENOUGH COIN?
1. Value of DOGS Tokens: You received 100 DOGS, and the value is stated as $103.12. 2. Price per DOGS Token: You mentioned the price is $0.0007170 per DOGS. To find out the total value of 100 DOGS at this price, you can use the formula: {Total Value} = \text{Number of Tokens} \times \text{Price per Token}
Bitcoin at Point of Cycle Right Before Parabolic Expansion, According to Crypto Analyst
Widely followed crypto analyst Rekt Capital is suggesting that Bitcoin (BTC) is at a point in its market cycle that has historically preceded massive moves to the upside. The pseudonymous analyst tells his 483,000 followers on the social media platform X that BTC is at a major turning point that has unfolded in previous chapters of Bitcoin’s history. Rekt Capital’s chart suggests that BTC goes parabolic right after convincingly breaking through the previous all-time high. “BTC. We are here (gree
GM everyone. Yesterday, Bitcoin fell to $53,000; ETH below $3,000. The majority of altcoins are now in the negative, year-to-date. On-screen, it looks like everything is cratering. Today, crypto experienced: the biggest liquidation cascade since the collapse of FTXthe largest correction since the beginning of the bull market 18 months ago Bitcoin’s longest-winning streak - 427 days without a -25% drawdown - just ended. So what's going on? Behind the scenes: The German government is selling $3 B
TOP 6 BULLISH CANDLESTICK PETTERNS EVERY TRADER SHOULD KNOW
Bullish patterns may form after a market downtrend, and signal a reversal of price movement. They are an indicator for traders to consider opening a long position to profit from any upward trajectory. Hammer The hammer candlestick pattern is formed of a short body with a long lower wick, and is found at the bottom of a downward trend.A hammer shows that although there were selling pressures during the day, ultimately a strong buying pressure drove the price back up. The colour of the body can va
Ethereum ETFs Approved in Abrupt SEC Policy About-Face
Spot Ethereum ETFs will be traded in the United States, just months after spot Bitcoin ETFs received their own approval from the SEC.
In a stunning reversal, the U.S. Securities and Enge Commission (SEC) announced on Thursday that it has approved eight applications for spot Ethereum ETFs, effectively green-lighting Ethereum trading on Wall Street.
The following funds were approved in the filing: the converted Grayscale Ethereum Trust, the Bitwise Ethereum ETF, iShares Ethereum Trust, VanEck Et
Bitcoin Price Prediction For May: Crypto Analyst Predicts Breakdown To $42,000
$BTC Crypto analyst DonAlt has outlined a scenario where the Bitcoin price could drop to as low as the mid-$40,000. He further suggests that this price breakdown might be necessary for the continuation of BTC’s bull run. How Bitcoin Could Drop To As Low As $47,000 In an update to his Bitcoin analysis, DonAlt noted that Bitcoin had dropped back to around the $60,000 price range and could eventually break that support if it continues to be tested. From the accompanying chart he shared, the crypt
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