Tag: Rally

Bitcoin Miners Take in Bear Rally Profits by Selling More Than 6,000 BTC Since August 1 – Bitcoin News

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Bitcoin’s value against the U.S. dollar lost 7.3% during the last 24 hours after more than $600 million in value was removed from the $1.07 trillion crypto economy. Statistics show that a number of bitcoin miners capitulated over the last two weeks, selling 5,925 bitcoin worth millions, according to cryptoquant.com data. More Than 6,100 Bitcoin Sold Since the First of the Month, Following a Brief Miner Capitulation Pause Bitcoin’s U.S. dollar value slid from $23,593 per unit to $21,268 per coin at 8:30 a.m. (EST) on Friday morning. More than…

Bitcoin Reverses CPI-Induced Rally, Drops Below $22K

Bitcoin prices have recently climbed to almost $25,000 from $22,800 in hopes that inflation has peaked and the Federal Reserve will slow the pace of interest-rate increases in the U.S., as well as adopt looser monetary policies in 2023. Bond yields, however, have remained resilient in the wake of the Aug. 10 consumer price index (CPI) data, a signal that bitcoin traders might be wrong in making dovish assumptions. Source

Wife of arrested Tornado Cash dev forbidden to speak with him — Rally organized

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Ksenia Malik, the wife of Tornado Cash creator Alexey Pertsev Wife has lashed out at Dutch authorities for treating her husband like a “dangerous criminal” following his arrest last week. The Dutch Fiscal Information and Investigation Service (FIOD)  arrested Pertsev on Aug. 12 over an alleged use of the Ethereum-based privacy tool to launder money and conceal criminal financial flows. Speaking to Cointelegraph, Malik confirmed that Pertsev remains in the hands of Dutch authorities and has not had the chance to contact him since he was put behind bars. “He’s…

Bitcoin Bull Rally Fades, Mining Difficulty Surge By 0.63%

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As the bear hug gets tighter, the price of Bitcoin may drop below $21,000. Recent price movements saw a high of $25,135 and a low of $23,243. The short-term aim for the declining price trend is a drop to $21,000–$20,000. Bitcoin Bulls Loses Steam On August 18, Bitcoin, the leading digital asset, is battling to hold over $23,500 as it tries to maintain an upward trend that has been growing for the past two months. The bulls’ dominance is clearly dwindling on the daily bar chart, and they will soon…

“Why I Sold All My Bitcoin” Elon Musk On Crypto & The Current Economic Crisis

▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Why did Elon Musk Sell off over a Billion dollars worth of his Bitcoin, does he know something that the rest of us don’t? Listen closely to this interview as he drops some hints on why he is selling off his digital assets and speaks on his thoughts of an upcoming recession. ▶︎KU COIN SIGN UP: Get 10% off all trading fees when you sign up with this link: Coupon Code:QBSSSS6L ▶︎VIDEO: How to set up a crypto trading bot, KU coin…

Crypto Analysts Reject Latest DOGE, SHIB Rally as Contrarian Signal

Dogecoin (DOGE), the biggest meme cryptocurrency by market cap, has gained 21% in the past seven days to trade near $0.09, the most since June 1. Shiba inu (SHIB), the self-proclaimed dogecoin killer, rallied more than 50%, hitting a three-month high of $0.00001700, according to CoinDesk data. Market leaders bitcoin (BTC) and ether (ETH) have risen just 3% and 11% respectively. Source

TA- Alien Worlds (TLM) Set For A Major Rally As Market Looks Promising

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The price of Alien Worlds (TLM) has struggled to break out of a range recently with few bullish signs against Tether (USDT).  Alien worlds could be set for a major rally after narrowly holding above key support as other crypto assets continue to trend higher. Alien Worlds (TLM) Price Analysis On The Weekly Chart Weekly Chart Analysis For TLM Price | Source: TLMUSDT On Tradingview.com From the chart, the price of TLM saw a weekly low of $0.02, which bounced from that area and rallied to a price of $0.0313.…

Bitcoin Price Gears Up For Another Rally After Testing $25,000

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Bitcoin price has been bouncing up and down over the last couple of weeks, but the digital asset has finally found its direction. With this recent recovery, the price of bitcoin has made its way to sit comfortably above $24,000 presently. The digital asset had tested one of the most coveted spots on Sunday but had sadly been rejected. That has not stopped it, though, as bitcoin is gearing up for another rally towards $25,000. $25,000 For Bitcoin Price After touching $25,000 on Sunday, the bitcoin price had taken a…

BTC Lower, Following Brief Rally Above $25,000 – Market Updates Bitcoin News

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Bitcoin was trading lower to start the week, after the token briefly rose above $25,000 during Sunday’s session. As of writing, the global cryptocurrency market cap is currently trading 2.85% lower. Ethereum also dropped lower on Monday, with prices moving away from a recent high above $2,000. Bitcoin After a brief stint above $25,000 over the weekend, bitcoin (BTC) was trading in the red to start the new week. On Sunday, BTC/USD hit an intraday high of $25,135.59, however the world’s largest token slipped to a bottom of $23,960.03 today.…

‘Final week of the bear rally’ — 5 things to know in Bitcoin this week

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Bitcoin (BTC) enters a new week with a bang after sealing its highest weekly close since mid-June — can the good times continue? After a volatile weekend, BTC/USD managed to restrict losses into the later portion of the weekend to produce a solid green candle on weekly timeframes. In what could shape up to be the last “quiet” week of the summer, bulls have time on their hands in the absence of major macro market drivers involving the United States Federal Reserve. Fundamentals remain strong on Bitcoin, which is due…