Market News

Bitcoin And Ether Up As BTC Whales Get Busy Acquiring New Supply From Sellers

The majority of cryptocurrencies traded in the green early Sunday. Bitcoin is up 0.62% in the past 24 hours to $4,2679.03, while Ethereum is up 1.26% at $3,254.76. According to Coindesk data, Ether, the second most traded cryptocurrency, was trading at $3,254, up 1.21%. During the previous day’s session, Bitcoin was trading at the long-term …

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Get Ready For A Bitcoin Short Squeeze? Longs Pile Up As BTC Struggles

Bitcoin has been hinting at lower levels during today’s trading session. The benchmark cryptocurrency was rejected at around $48,000 and was unable to regain its previous highs. Related reading | Jason Urban of Galaxy Digital What Will Push Ethereum to the Heart of Bitcoin At the time of writing, Bitcoin is trading at $43,100 with …

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Ark CEO Cathie Wood Is As Bullish As Ever, Sees Bitcoin Hitting $1 Million By 2030

Cathy Wood reiterated her positive view of Bitcoin this week at the Bitcoin 2022 conference in Miami, Florida. Ark Invest CEO predicts crypto will reach $1 million by 2030 in a presentation Thursday. “We think bitcoin is just getting started,” she told CNBC. “Institutions are now only catching up with individuals in terms of BTC …

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What’s Next For Bitcoin As Prices Encounter Difficulty Reclaiming $43,000?

Lately, bitcoin prices have struggled, often dropping below $43,000 and then failing to make significant gains. At around 9:20 AM ET, the world’s most popular crypto asset fell to $42,777.20, CoinDesk data shows, on Saturday. The majority of cryptocurrencies were trading lower early Saturday. The global cryptocurrency market cap fell by nearly 3% to $1.15 …

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Ethereum Remains In Uptrend, Why ETH Could Surpass $3,600

Ethereum gained pace above the $3,500 resistance level against the US Dollar. ETH price is consolidating and may look for further gains above the $3,550 resistance level. Ethereum started a new rally after getting rid of the $3,450 resistance. The price is now trading above $3,500 and the 100 hourly simple moving average. There is …

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Mexico’s Third Richest Man Says No To Bonds, Yes To Bitcoin

Ricardo Salinas Bligo is the third richest man in Mexico who has made headlines because of his stance on Bitcoin. The billionaire saw Elektra, a supermarket chain, becoming the first to accept bitcoin payments in the future. He has also been a strong advocate of investing in digital assets rather than traditional ones. This time …

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Galaxy Digital’s Jason Urban What Will Drive Ethereum To Flip Bitcoin

The school of thought that says that Ethereum will flip Bitcoin one day is a school that has been around for a while. Although discussions about this have cooled off after the bullish rallies that rocked last year. However, this seems not to be forgotten by everyone. One of those is Jason Urban, the commercial …

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More Correction Soon? Bitcoin Whale Ratio Remains Elevated

On-chain data shows that the Bitcoin whale is still highly valued at the moment, which indicates that more downsides may come for the cryptocurrency soon. Bitcoin exchange whale ratio has been at high levels lately As pointed out by an analyst at CryptoQuant MailRecently, the proportion of BTC exchange whales has remained at high values. …

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