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These On-Chain Indicators Say “Sideways Summer” Is Over For Bitcoin

After six months of sideways chop, multiple on-chain indicators say Bitcoin may finally be prepared for an epic price breakout, analysts say. These predictions would line up with separate forecasts of an upcoming bull market based on seasonal factors, with Bitcoin soon to transition from one of its worst-to-best months on record. Bitcoin’s Bottom Signals As noted by CryptoQuant author Amr Taha, Bitcoin’s Puell multiple has reached a low of 0.4 for the first time since the end...

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Tron (TRX) Long-Term Holder Addresses Have Spiked 237% in the Past Year: ITB

The number of addresses holding Tron’s native token TRX for the long term has skyrocketed over the past 12 months, according to data from the blockchain intelligence firm IntoTheBlock. A tweet from the market analytics platform revealed that the Tron network currently has nearly 90 million long-term holder addresses, representing a 237% increase in the past year. TRX Long-term Holders Are Increasing IntoTheBlock said the increase in TRX’s long-term holder addresses shows...

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Kujira and Partners Merge to Form Rujira Alliance for THORChain’s New Era

Kujira and its partner join the Rujira Alliance to create a new DeFi app layer for THORChain. The integration will use the new RUJI token, while current KUJI token holders will be impacted. Kujira, a decentralized finance (DeFi) network, has announced the formation of the Rujira Alliance in collaboration with three important ecosystem partners: Fusion (FUZN), Unstake (NTSK), and Wink. This new cooperation intends to create a novel application layer for the cross-chain liquidity protocol...

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