Tag: Cryptocurrency market trends

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Bitcoin Warning: First Mover Americas Sees Price Drop to $55K

Bitcoin experienced a slight drop in price to $64,500 during the European morning, after falling to $62,500 on Thursday. This price is close to the 50-day moving average, which is an important support line...
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Bitcoin Price Prediction: VanEck CEO Predicts $350k Target Amid Regulatory Quantitative Easing

VanEck CEO, Jan Van Eck, recently shared his optimistic prediction that Bitcoin could potentially reach $350,000 per coin as central banks engage in quantitative easing. This positive outlook stems from the belief that Bitcoin...
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Genesis Trading Returns $3 Billion to Customers, Transfers 32,256 BTC

Genesis Trading recently completed a significant transfer of assets, moving 32,256 BTC valued at $2.12 billion and 256,775 ETH worth about $838 million to various addresses. This transfer is part of the company's efforts...
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Solana Price Plummets Below $160 as FTX’s Secret SOL Holdings Exposed

Ronaldo, an experienced crypto enthusiast, has been closely following the recent developments in the industry, particularly the unfolding situation involving Solana and crypto exchange FTX. The news of FTX's alleged secret holdings of a...
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Bitcoin Network Difficulty Reaches Record High Amid Price Volatility

Bitcoin’s network difficulty has reached a new high, hitting 90.67 trillion on August 2, 2024, as reported by CoinWarz. This achievement comes after a period of declining difficulty, indicating a resurgence in miner confidence...
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Bitcoin Price Prediction: Analyst Forecasts BTC to Reach $700,000

Bitcoin's price has been on a rollercoaster ride, with analysts predicting both short-term losses and long-term gains. Despite recent price drops, some experts remain bullish on the cryptocurrency's future potential.Willy Woo, an on-chain analyst,...
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Coinbase Earnings Threatened by Low Volume and Federal Headwinds, Analysts Warn

Coinbase's second-quarter earnings were considered solid by Wall Street analysts, despite a potential slowdown in the third quarter. The exchange reported total revenue of $1.45 billion, but revenue from transaction fees decreased by 27%.Analysts...
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CleanSpark’s Bitcoin Treasury Grows by 567% Since 2023

CleanSpark, a public Bitcoin miner in the US, has seen a significant increase in its Bitcoin treasury, growing by 567% since 2023. The company reported mining 494 BTC in July 2024, with a total...
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Bitcoin ETFs Accumulate Over 300K BTC in 2021

In 2021, regulated spot Bitcoin ETFs in the United States have been accumulating a significant amount of BTC, despite recent selling pressure that caused the price of Bitcoin to drop to a 6-month low...
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XRP Price Surges as Shark and Whale Investors Increase

XRP, a popular cryptocurrency, has seen a surge in price recently as the number of shark and whale investors on the network has increased. These investors, known for holding large amounts of XRP, play...