Bitcoin’s price movements have calmed quite a bit following the enhanced volatility experienced on Friday. Most altcoins are in a similar state, with minor moves south. Avalanche has declined most today but still stands above $10. BTC Calms at $28K It was just about a week ago, on Sunday evening/Monday morning, when the primary cryptocurrency started a massive leg up that resulted in surging by over $1,500. This culminated in a 6-week peak at $28,600 (on Bitstamp) on Monday...
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Read More »We Asked ChatGPT Will There be a Ripple (XRP) Bull Market Next Year?
TL;DR Ripple’s trial against the SEC in April 2024 is pivotal for XRP’s price. Partnerships with banks like HSBC and macroeconomic factors will impact its valuation. XRP is currently more trending than Bitcoin due to recent legal victories. Could XRP Thrive Next Year? The popular AI-powered language model ChatGPT could not directly answer the question of whether the Ripple community will witness a price surge of XRP in 2024. However, it pinpointed several factors that could...
Read More »Bitcoin at Critical Crossroads: Is $25K or $30K Coming First in the Next Days? (BTC Price Analysis)
After a period of sustained upward momentum characterized by higher highs and higher lows, the price has reached a critical resistance zone where the 100 and 200-day moving averages intersect. This is a crucial juncture where the price could either undergo a pullback and enter a downtrend or break through the zone and aim for the $30K mark. Technical Analysis By Shayan The Daily Chart Analyzing the daily chart, Bitcoin went through a consolidation phase around the $25K mark...
Read More »September Marked Record Profits for Bitcoin Miners
September of 2023 was a great month for Bitcoin mining companies. While the crypto world has been focused on the high-profile court cases regarding SBF and Celsius’ Mashinsky, Bitcoin miners have steadily been improving their hash rates, promising a greater future supply of the first cryptocurrency. News of record outputs from three Bitcoin mining firms coincides with reports of Kraken witnessing a 5-year ATH of BTC inflow and a 506.06M hash rate spike in mid-September,...
Read More »Les rencontres aixoises du Bitcoin
Bitcoin Meetup à Aix-en-Provence dans le cadre des rencontres de Découvre Bitcoin. Où ? – Brasserie « Les Artistes », 35 Place François Villon à Aix-en-Provence Quand ? – Mercredi 11 octobre à partir de 19h30 En savoir plus :Twitter : https://twitter.com/AixBitcoin21Telegram : https://t.me/AixBitcoinMeetup ...
Read More »Addresses Holding 0.1% of BTC Supply Saw Strong Net Inflows in Q3 2023: Report
A Q3 2023 on-chain report by crypto market intelligence firm IntoTheBlock revealed that addresses holding at least 0.1% of bitcoin’s (BTC) supply saw strong net inflows throughout the year’s third quarter. IntoTheBlock said these addresses recorded a single-day inflow of $600 million despite BTC plunging to $25,000, showing they are quietly bullish. Strong Net Inflows in Q3 Following the single-day inflow of $600 million in BTC, the same category of wallets experienced three...
Read More »BitMEX Co-Founder Arthur Hayes Predicts the Bitcoin Price Will Hit $70,000 as Whales Also Back This New BTC Clone
In a recent turn of events that has crypto enthusiasts buzzing, BitMEX co-founder Arthur Hayes has made a bold prediction, stating that Bitcoin could hit $70,000 in 2024. Hayes’ prediction will be welcomed by Bitcoin investors worldwide, who have seen the coin’s value showcase high levels of volatility in recent weeks. Meanwhile, another cryptocurrency making headlines is Bitcoin Minetrix (BTCMTX), which has garnered significant backing from whales and retail investors....
Read More »After AVAX Rises Over 13% in a Week, Could This New Gaming Token Pump Next?
The crypto market has seen renewed momentum this past week, with Avalanche’s AVAX token surging over 13%. This has come as several other altcoins also posted gains, marking a clear shift in investor sentiment. Traders are now looking for the next big mover in the market – with all eyes on Meme Kombat (MK) as a gaming token that could be set for a fruitful end to 2023. AVAX Bucks Bearish Trend with Strong Price Momentum While major coins like Bitcoin and Ethereum have slumped,...
Read More »Ripple Secures Major Victory, Bitcoin Soars to $28K: This Week’s Crypto Recap
To say that the past seven days were eventful would be an understatement. The cryptocurrency market saw a lot of important developments, and its total capitalization now hovers around $1.14 billion. That said, Bitcoin’s price went through a rollercoaster. This time last week, the primary cryptocurrency was trading at around $27,000 (or slightly below it, if we have to be precise). It conquered $27K during the weekend, but it was on Monday when the action started picking up....
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