Bitcoin

Despite the prevailing bearish sentiment in the market, Bitcoin investors are not shying away from accumulating more BTC. Large investors holding over $600,000 worth of Bitcoin have been steadily increasing their holdings over the past six months. According to data from Santiment, wallets holding more than 10 BTC have collectively added over 5,000 BTC to
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Tom Lee, the head of research at Fundstrat, has made waves with his recent prediction that Bitcoin will surge to $150,000. Despite the current bearish trends in the cryptocurrency market, Lee remains optimistic about Bitcoin’s future outlook. He firmly believes that Bitcoin will reach new all-time highs by the end of 2024. Lee attributes his
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Arthur Hayes, the co-founder of crypto exchange BitMEX, has recently provided an intriguing analysis in his latest essay titled “Zoom Out.” In this essay, Hayes delves into the economic upheavals of the 1930s-1970s and draws parallels to today’s financial landscape. Specifically, he focuses on the implications for the Bitcoin and crypto bull run. This analysis
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Bitcoin’s price has been experiencing volatility recently, with fluctuations after dropping below $60,000 and finding support above $61,000. Despite attempts to surpass key resistance levels like $63,500, bearish sentiment remains prevalent. Analyst Alan Santana has made a grim prediction, suggesting that the Bitcoin crash is not yet over and foreseeing further price drops. His analysis,
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Bitcoin weekend trading volumes have plummeted to historic lows, according to a recent report by Kaiko. The data presented by Kaiko shows a significant decrease in Bitcoin weekend trading activity, dropping from 28% in 2019 to just 16% in 2024. This decline is attributed to the rise of institutional investors, who are now favoring traditional
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As outlined by crypto analyst Zen, Bitcoin is currently exhibiting unique scenarios across different timeframes. On the daily chart, Bitcoin is clearly in a downtrend, with each bounce being sold into, indicating that the bears have control of the short-term momentum. Conversely, on the weekly candle timeframe, Bitcoin seems to be stuck in a choppy
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The world of cryptocurrency has attracted individuals from various backgrounds, including those like Opeyemi who stumbled upon it by chance. Opeyemi’s journey into the realm of digital assets may not have been intentional, but his unwavering passion for the industry is evident in his daily activities. His commitment to creating insightful pieces on blockchain technology
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