Day: January 10, 2025

Investor Sentiment on Bitcoin Mining Stocks: Institutions Bet Big on CORZ, WULF, IREN and HUT

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Gain insights into investor sentiment on Bitcoin mining stocks through institutional ownership trends. Institutions favored hybrid miners with major HPC/AI deals: $CORZ, $WULF, $IREN, and $HUT recorded the largest increases in institutional ownership. Institutional Investment Shifts in Bitcoin Mining: Major Players and Emerging Trends in 2024 The following guest post comes from Bitcoinminingstock.io, the one-stop […] Original

Dogecoin (DOGE) Dips: A Warning Sign or A Hidden Opportunity?

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Dogecoin started a fresh decline below the $0.350 zone against the US Dollar. DOGE is now consolidating and might recover if it clears the $0.3350 resistance. DOGE price started a fresh decline below $0.3550 and $0.350. The price is trading below the $0.350 level and the 100-hourly simple moving average. There is a connecting bearish trend line forming with resistance at $0.3350 on the hourly chart of the DOGE/USD pair (data source from Kraken). The price could gain momentum if it clears the $0.3350 and $0.3420 resistance levels. Dogecoin Price…

CryptoQuant CEO and Citi analysts

The CEO of CryptoQuant, an on-chain market analytics firm, predicts that altcoins might not be the game-changer in 2025. However, analysts at Citi share a positive sentiment. How will 2025 turn out to be for altcoins, then? CryptoQuant CEO Ki Young Ju shares that the altcoin market is in a “zero-sum PvP game” gains are largely internal, and there is no new capital inflow in the market. This means that in the current altcoin market, for one person to win, another has to lose the exact amount. It’s reminiscent of a competitive…

Whale Movements Push Shiba Inu Burn Rate To Stunning 4,100% Rise

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Renewed investor optimism and interest in Shiba Inu (SHIB) has emerged despite market volatility. This is due to a remarkable 4,100% surge in its burn rate within just 24 hours, resulting in the removal of nearly 21.7 million SHIB tokens from circulation. The cryptocurrency is once again capturing attention in the digital asset space as this extraordinary increase highlights its significant combustion rate. A Closer Examination Of The Burn Rate The burn rate is an essential metric for Shiba Inu, as it indicates the quantity of tokens that are irrevocably…

XRP Price Stays Steady: Will Consolidation End Soon?

Aayush Jindal, a luminary in the world of financial markets, whose expertise spans over 15 illustrious years in the realms of Forex and cryptocurrency trading. Renowned for his unparalleled proficiency in providing technical analysis, Aayush is a trusted advisor and senior market expert to investors worldwide, guiding them through the intricate landscapes of modern finance with his keen insights and astute chart analysis. From a young age, Aayush exhibited a natural aptitude for deciphering complex systems and unraveling patterns. Fueled by an insatiable curiosity for understanding market dynamics, he embarked…

Job Seekers Beware: Fraudulent Offers Conceal Dangerous Crypto Malware

Job seekers are being targeted by a sinister scheme, with fake listings installing hidden cryptocurrency mining malware that silently hijacks systems and drains resources. Crypto Malware Disguised as Job Listings Is Preying on Job Seekers Cybersecurity firm Crowdstrike has revealed details of a phishing scheme in a blog post published Tuesday, outlining how attackers manipulate […] Source CryptoX Portal

Survival Of The Strongest: Bitcoin Miners Face Tough Choices As Selling Pressure Mounts

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Bitcoin journey in the new year continues to demonstrate less upward momentum, with its price recently dropping below the $95,000 price mark. Amid this movement, the market seems to be witnessing a notable trend among miners as they grapple with the effects of rising values and selling pressure. Insights from XBTManager, a CryptoQuant contributor, shed light on the challenges facing Bitcoin miners and the broader implications for the cryptocurrency market. Miners Feel the Pressure As Bitcoin Remains Below $100K In a post titled “The Strong Remain, the Weak Exit the…

Bulls Struggle to Hold Support

Este artículo también está disponible en español. Ethereum price failed to clear the $3,400 resistance and extended losses. ETH is struggling and might continue to move down if it stays below $3,400. Ethereum started a fresh decline from the $3,400 zone. The price is trading below $3,350 and the 100-hourly Simple Moving Average. There is a connecting bearish trend line forming with resistance at $3,300 on the hourly chart of ETH/USD (data feed via Kraken). The pair could struggle to start a fresh increase above the $3,300 resistance level. Ethereum…

Bitcoin Price Under Pressure: BTC Struggles to Stay Afloat

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Bitcoin price extended losses and traded below the $93,500 zone. BTC is correcting gains and might struggle to recover above the $95,000 level. Bitcoin started a fresh decline from the $95,500 resistance zone. The price is trading below $95,000 and the 100 hourly Simple moving average. There is a connecting bearish trend line forming with resistance at $93,500 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair could start another increase if it stays above the $91,200 support zone. Bitcoin Price Turns Red Below $95K…

Aptos Adopts Chainlink Standard to Advance Web3 Development

Aptos, a layer one (L1) blockchain project, has integrated Chainlink data feeds to enhance decentralized application (dapp) development on its platform. Aptos Partners With Chainlink This collaboration provides developers on the Aptos network with access to Chainlink‘s tamper-proof and decentralized data feeds. The integration aims to support the creation of secure and efficient applications, leveraging […] Source CryptoX Portal