Tag: Bitcoins

Bitcoin’s 60-Day CDD Spikes: A Warning Sign or Buying Opportunity?

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Bitcoin remains under pressure, with its price dropping below $85,000. At the time of writing, Bitcoin is valued at $84,397, representing a 2.4% decline in the past 24 hours and a significant 13.7% drop over the past week. These market conditions have sparked a range of analyses, with various on-chain indicators offering insights into current investor behavior. Bitcoin Latest CDD Spike Could Signal A Market Shift One of the key indicators highlighted recently by a CryptoQuant analyst known as Banker is the Coin Days Destroyed (CDD) metric. According to Banker,…

Data Shows Bitcoin’s 15% Drop Is Still ‘Modest’—Here’s Why

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Este artículo también está disponible en español. The largest cryptocurrency in the world, Bitcoin has plunged a dramatic 11% from its all-time high. Although some investors might find this price devaluation alarming, historical data indicates that it is really small in respect to the other market cycles of the cryptocurrencies. The past price trends of Bitcoin show several abrupt declines and rises; volatility is always present. One has to consider the context of this most recent decline in order to evaluate its future course. Related Reading Bitcoin price trapped in…

Panic Sell? Bitcoin’s $88K Fall Wipes Out $1 Billion in Trades

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Este artículo también está disponible en español. Bitcoin’s price fell to $86,099 on February 26th, wiping out almost $1.06 billion from crypto’s market cap and sending ripples across the industry. According to Coinglass tracking, around 230,000 positions have been liquidated for the day.  Related Reading As a sign of bearish sentiment, the digital asset’s open interest has dipped to 5%, reflecting deleveraging among investors and holders. On-chain data also suggests that exchange inflows surged to 14.2%, potentially suggesting panic selling among holders. Furthermore, funding rates are now in negative territory,…

Bitcoin’s 3-Day Chart Shows Potential Sell Alert

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Ronaldo is an experienced crypto enthusiast dedicated to the nascent and ever-evolving industry. With over five years of extensive research and unwavering dedication, he has cultivated a profound interest in the world of cryptocurrencies. Ronaldo’s journey began with a spark of curiosity, which soon transformed into a deep passion for understanding the intricacies of this groundbreaking technology. Driven by an insatiable thirst for knowledge, Ronaldo has delved into the depths of the crypto space, exploring its various facets, from blockchain fundamentals to market trends and investment strategies. His tireless exploration…

Bitcoin’s supply crisis could send prices skyrocketing but this altcoin might 100x first

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Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. As Bitcoin strives to climb back up, XYZVerse emerges as a high-growth contender, blending sports fandom with crypto for massive potential gains. Bitcoin has dropped below 90k but investors anticipate price surges due to scarcity. Meanwhile, focus is shifting to an alternative cryptocurrency that might experience even greater gains soon. This emerging asset could outperform Bitcoin and deliver unprecedented returns. Discover how this digital currency could become the next…

Bitcoin’s 90-Day Range Tests Traders as Macro Headwinds Mount: Bitfinex Analysts 

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Bitcoin has traded between $91,000 and $102,000 for over 90 days as fading institutional demand and macroeconomic pressures stall momentum, according to a Bitfinex Alpha Report released this week. Bitfinex Alpha Report—Crypto Market Contraction Deepens With Inflation, Policy Risks in Focus Bitfinex analysts noted bitcoin’s (BTC) volatility spiked briefly on Feb. 21 amid a $1.5 […] Original

Bitcoin’s price consolidation opens the door for this crypto to surge

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Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. As Bitcoin’s price stalls, investors are shifting focus to RCO Finance, an AI-driven altcoin poised for growth. As the Bitcoin (BTC) price hovers in suspended animation, the crypto world holds its breath, waiting for the next seismic shift. The king of cryptos has been in a consolidation phase, trading between $94,000 and $99,000 for the past two weeks. This period of relative calm in the Bitcoin price has created…

SOL, XRP bounce; Here’s the altcoin whales accumulated during Bitcoin’s pullback

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Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. Whales are quietly accumulating Rollblock as Solana and XRP rebound, signaling a major opportunity in GameFi’s next breakout token. As Solana and XRP recover from recent dips, sharp-eyed investors are shifting focus to Rollblock (RBLK). While the market was distracted by Bitcoin’s pullback, whales quietly accumulated RBLK, signaling confidence in its long-term potential. With its GameFi ecosystem and strong deflationary tokenomics, Rollblock is emerging as a high-upside altcoin. Analysts…

Bitcoin’s Bullish Case Hinges On $94,645 Support: Will Buyers Step In?

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Semilore Faleti is a cryptocurrency writer specialized in the field of journalism and content creation. While he started out writing on several subjects, Semilore soon found a knack for cracking down on the complexities and intricacies in the intriguing world of blockchains and cryptocurrency. Semilore is drawn to the efficiency of digital assets in terms of storing, and transferring value. He is a staunch advocate for the adoption of cryptocurrency as he believes it can improve the digitalization and transparency of the existing financial systems. In two years of active…

Bitcoin’s Grip Tightens — CZ Says There’s “No Escape” from Crypto

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Este artículo también está disponible en español. A former cryptocurrency exchange executive remarked that Bitcoin is an inescapable reality, a statement that stirred a discussion within the crypto community. The comment made by the former CEO of Binance, Changpeng Zhao, was a reaction to the report that another American state sought to establish a local version of US President Donald Trump’s proposed Strategic Bitcoin Reserve. Related Reading Bitcoin Reserve Bill The proposal to create a US Strategic Bitcoin Reserve is gaining momentum as several US states passed legislation that seeks…