Why Isn’t Kaspa Pumping? Analyst Breaks Down the FUD Surrounding KAS

As Bitcoin hovers near its all-time high, the cryptocurrency market is abuzz with excitement and speculation. However, this attention to Bitcoin has led to many altcoins, such as Kaspa, being overlooked.

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Ripple Analyst Predicts $5.85 XRP as Next Target in Ongoing Bull Run – But There’s a Catch

XRP price has remained relatively flat this week, down a modest 1% to trade around $0. 54. Technical analysis shows that XRP recently broke out of a descending channel it had been stuck in since late November, marked by the blue lines on the price chart.

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Nvidia's Hotly Anticipated Earnings May 'Trigger' Bitcoin and Crypto Correction, Analyst Says

'The most important stock on Earth' could disappoint on a weak PC market and AI saturation, with Wall Street wanting more from the GPU giant, pulling down crypto and equities, the report said.

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XRP Refuses To Back Down As Crypto Analyst Identifies When Price Will Rally To $2

Several analysts continue to make bullish predictions for the XRP token despite its lacklustre price action. This time, crypto analyst Dark Defender has identified emerging patterns that suggest that XRP could rise to $2 soon.

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Bitcoin’s (BTC) Price Could Start Dropping If Key Level Not Reclaimed, But This Strong Support Offers Hope

Bitcoin recently rallied to $53,000 but has since dropped back down to around $51,000. According to crypto analyst Ali, if Bitcoin fails to quickly reclaim the $52,000 level, it risks facing an 8% correction.

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Solana Faces Key Support After Sharp Pullback, Analyst Asks To Watch This Next Support For SOL

Solana (SOL) has plunged from its recent high, with the cryptocurrency now facing a critical support level that could determine its near-term trend. According to crypto trader Teshkid, Solana broke down after losing the key support around $90.

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Bitcoin May Revisit $10,000 for Worse Reason Than FTX Downfall: Bloomberg's Chief Analyst

Chief strategist of Bloomberg has named driver that may push BTC down to $10,000

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Bitcoin Mining Major Riot Blockchain Misses Analyst Estimates for Q3 Earnings

Riot said its revenues declined as it powered down its Texas operations amid surging electricity demand.

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Bitcoin Miner Selling Power At Lowest For 2022, Green Sign For Market?

On-chain data shows the Bitcoin miner selling power is at its lowest for the year, something that could be favorable for the price of the crypto. Bitcoin Miner Selling Power Has Been Going Down In Recent Weeks As pointed out by an analyst in a CryptoQuant post, the metric has observed surges in its value a few times this year, and each time the BTC price has gone down.

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Gold down as Senior ETF analyst sees ‘nowhere to hide’

The latest market news is dominated by today’s investor reaction to the inflation readings out of the United States. The hot CPI data saw asset classes bleed, including stocks, bond ETFs and gold.

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Bitcoin aSOPR Profit-Loss Junction Continues To Act As Resistance

On-chain data shows the Bitcoin aSOPR profit-loss junction has continued to act as resistance to the price of the crypto. Bitcoin aSOPR Bounces Back Down From The Breakeven Line As pointed out by an analyst in a CryptoQuant post, the aSOPR value equal to ‘1’ line has been acting as resistance for around 185 days now.

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Solana prediction as the price slips again

Solana is down 3% in the past week amid bearish pressure  An influential analyst…

The post Solana prediction as the price slips again appeared first on CoinJournal.

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Bitcoin Will Hit $100,000 by 2025, but First Has to Go Down, Says Bloomberg Analyst

According to Bloomberg senior commodity strategist Mike McGlone, Bitcoin will reach $100,000 by 2025. The post Bitcoin Will Hit $100,000 by 2025, but First Has to Go Down, Says Bloomberg Analyst appeared first on BeInCrypto.

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Quant Suggests Bitcoin Will Be Back In The Driver Seat After Ethereum Merge

A quant has suggested that Bitcoin will again become the driving force in the crypto market once the Ethereum merge hype dies down. Bitcoin Share Of Crypto Trading Volume Already Seems To Be Overtaking Ethereum’s As explained by an analyst in a CryptoQuant post, there are some signs that point to BTC surpassing ETH once more to be the dominant power in the market.

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Bitcoin Data Suggests OTC Transfers Have Been More Active Recently

On-chain data suggests Bitcoin OTC transactions have been active recently, while exchange transfers have gone down. Bitcoin Fund Flow Ratio Declines, While Tokens Transferred Go Up As pointed out by an analyst in a CryptoQuant post, there are signs that over-the-counter (OTC) deals might be going up in the BTC market. The first indicator of […]

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Bitcoin 1 Month Old Supply Is Down To Historical Bottom Zone

On-chain data shows the percentage of the Bitcoin supply aged between one week and one month old has now declined to the historical bottom zone. Only 3.8% Of The Total Bitcoin Supply Is Now In The 1 Week To 1 Month Old Bracket As pointed out by an analyst in a CryptoQuant post, short-term buying […]

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Cosmos price outlook: here’s what top analyst says about ATOM

Cosmos (ATOM) trades around $10.86, nearly 10% down in the past 24 hours. ATOMUSD… The post Cosmos price outlook: here’s what top analyst says about ATOM appeared first on CoinJournal.

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Bitcoin Bullish Signal: Whale Exchange Inflows Remain Down

On-chain data shows the Bitcoin whale exchange inflows have remained down after hitting a local peak a while back, a sign that could prove to be bullish for the price of the crypto. Bitcoin Whales Aren’t Sending Many Coins To Exchanges Right Now As pointed out by an analyst in a CryptoQuant post, the BTC inflows made a peak recently and have remained down since, a signal that the bottom may be in for the coin.

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Ethereum Bullish Signal: Exchange Inflows Decline To Low Values

On-chain data shows the Ethereum exchange inflows have declined to low values recently, a sign that could be bullish for the crypto’s price. Ethereum 7-day MA Exchange Inflows Have Gone Down In Recent Weeks As pointed out by an analyst in a CryptoQuant post, the ETH price has been reversing up as the PoS merge comes near.

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Ethereum Bullish Signal: 800k ETH Exits From Gemini

On-chain data shows around 800k ETH has exited wallets of the crypto exchange Gemini, a sign that could prove to be bullish for Ethereum. Crypto Exchange Gemini Observes outflows Of 800k ETH As pointed out by an analyst in a CryptoQuant post, the Ethereum exchange reserve has plunged down to lows not seen since 2018.

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Bitcoin Long-Term Holder Loss-Taking Now Highest Since 2019

On-chain data shows Bitcoin long-term holder SOPR has reached the deepest value since 2019, suggesting this cohort has been realizing some heavy losses recently. Bitcoin Long-Term Holder SOPR Continues To Trend Down As pointed out by an analyst in a CryptoQuant post, BTC long-term holders are currently realizing the largest amount of losses since 2019.

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Bitcoin Derivatives Exchange Reserve Surges Up As BTC Continues To Plunge

On-chain data shows the Bitcoin reserve of derivative exchanges has surged up recently as the price of the crypto has continued to crash down. Bitcoin Derivatives Exchange Reserve Observes Sharp Uptrend As explained by an analyst in a CryptoQuant post, the crashing BTC price may be forcing whales and long-term holders to open short positions in order to hedge their portfolios.

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This analyst decodes the mystery behind Celsius' crippling meltdown

It is true the bear market is raining down on the entire cryptocurrency market. But the devastation has been more painful for some. Celsius is certainly a leading highlight of the crippling crypto insThe post This analyst decodes the mystery behind Celsius' crippling meltdown appeared first on AMBCrypto.

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Has Bitcoin Hit Bottom Yet? Here’s What On-Chain Data Says

Bitcoin continued to crash down yesterday, with the coin hitting as low as $21k before rebounding to current values. Has the crypto made the bottom yet? Bitcoin NUPL Indicator Assumes Negative Values For First Time Since 2020 As pointed out by an analyst in a CryptoQuant post, the NUPL metric has declined below zero, which could be a sign that the crypto may be approaching a bottom.

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Bitcoin Bullish Signal: Exchange Reserves Hit New 4-Year Lows

On-chain data shows Bitcoin exchange reserves have now reached new 4-year lows, a sign that could prove to be bullish for the crypto’s price. Bitcoin Exchange Reserve Has Sunk Down Further Recently As pointed out by an analyst in a CryptoQuant post, the BTC exchange reserve has been going down, suggesting buying has been going in the market.

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Bitcoin MVRV Ratio Declines, But Not Near Bottom Zone Yet

Data shows the Bitcoin MVRV ratio has gone down recently, but the metric’s value is still above the historic bottom zone. Bitcoin MVRV Ratio Observes Decrease, But Value Still Greater Than 1 As explained by an analyst in a CryptoQuant post, BTC may still have room for further decline before the bottom is in. The […]

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Bitcoin Falls Below $30k As 10k BTC Flow Into Gemini

On-chain data shows crypto exchange Gemini observed around 10k BTC in inflows yesterday as Bitcoin’s price declined below $30k. Bitcoin Exchange Inflows Spike Up As BTC Price Falls Down As pointed out by an analyst in a CryptoQuant post, selling on exchanges like Gemini, Binance, and Huobi looks to have been behind the latest drop in the crypto’s price.

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Bitcoin NUPL Touches Lows Not Seen Since COVID Crash, Rebound Soon?

On-chain data shows the Bitcoin NUPL metric has now declined to lows not seen since the COVID-19 crash back in 2020. Bitcoin Net Unrealized Profit And Loss Plunged Down Recently As explained by an analyst in a CryptoQuant post, the NUPL past trend may suggest that current values could be favorable for a rebound in the crypto’s price.

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USDC Exchange Reserves Start Fall, Dry Powder For Bitcoin?

On-chain data shows the USDC exchange reserves have started to trend downwards recently, a sign that buyers may be exchanging the coin for Bitcoin and other cryptos. USDC Reserves On Exchanges Have Fallen Down Over The Past Few Days As pointed out by an analyst in a CryptoQuant post, investors may have started to exchange […]

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Bitcoin Bearish Signal: 600-Day MA Starts To Break Down

Charts show the Bitcoin price seems to be falling below the 600-day moving average, a sign that could be bearish for the crypto. Bitcoin Begins To Lose 600-Day MA Support Line As Price Crashes Below $39k Again As pointed out by an analyst in a CryptoQuant post, the price of the crypto is crossing below the 600-day MA curve now, a line that has served as support for BTC in the past.

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Quant Explains Why This Bitcoin Bear Market Is Different From Others

A quant has explained using on-chain data why the current Bitcoin bear market looks to be different from the previous ones. Quant Suggests This Bitcoin Bear Market Is Unlike The Rest As explained by an analyst in a CryptoQuant post, the exchange reserve continuing to trend down since the price all-time high isn’t typical of […]

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Bitcoin investors who can't 'bear' the price fall should take note of this

Is Bitcoin going up or down? Every analyst has their own answer and as investor sentiments get muddled, so does the king coin's price. Throw in war, a pandemic, inflation, and you have yet more factorThe post Bitcoin investors who can't 'bear' the price fall should take note of this appeared first on AMBCrypto.

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Data: Bitcoin Whales Are Increasingly Preferring OTC Deals Over Exchanges

Data shows the Bitcoin fund flow ratio has been going down in the last couple of years, suggesting that whales have started to prefer selling through OTC deals over centralized exchanges. Bitcoin Fund Flow Ratio Reaches Lowest Level Since 2015 As explained by an analyst in a CryptoQuant post, BTC whales seem to have increasingly […]

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Can The 600-Day MA Support Line Push Bitcoin Again?

Charts show the Bitcoin 600-day moving average (MA) has once again met with the BTC price curve, will the line act as support for the crypto once again? Bitcoin Price Curve Is Once Again Touching The 600-Day MA As pointed out by an analyst in a CryptoQuant post, the BTC price has once more dropped down to the 600-day MA support line.

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Bitcoin Outflows Spike As 30k BTC Exits Exchanges, Reserve Plunges Down

Bitcoin outflows have shown a spike amounting to 30k BTC today, leading to a plunge in the all exchanges reserve. Bitcoin Netflow Shows Deep Negative Spike As 30k BTC Exits Exchanges As pointed out by an analyst in a CryptoQuant post, the BTC exchange netflow showed a large negative spike earlier today.

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VeChain (VET) Sends Bearish Signals? Analyst Points Key Levels

VeChain has followed the general sentiment in the market and it’s currently trading in the green. Its 24-hour profits stand at 7. 8% with VET’s price exchanging hands at $0. 053. Related Reading | VeChain Foundation Announces New Stablecoin, Could It Create Fresh Demand For VET? In a recent video posted on his YouTube channel, analyst Justin Bennett looked into VeChain as the sell-off across the crypto market seems to slow down.

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Technical analyst says Bitcoin risks another 22% rout after snapping key level

The analyst says another leg down for Bitcoin could bring the $30,000 support level… The post Technical analyst says Bitcoin risks another 22% rout after snapping key level appeared first on Coin Journal.

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Bitcoin Supply Shock: Only 12% Of BTC Supply Is On Exchanges Now

Percentage of the Bitcoin supply on exchanges has dipped further down to 12% recently, as the supply shock continues to deepen. Just 12% Of Bitcoin Supply Is Now Held By Exchanges As pointed out by an analyst in a CryptoQuant post, the percentage of BTC supply stored on exchanges has now dropped down to just 12%.

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Bitcoin Open Interest Continues To Rise, Short Squeeze Incoming?

On-chain data shows Bitcoin open interest and estimated leverage ratio metrics have continued to rise recently. This could mean that a short squeeze may be coming soon. Bitcoin Open Interest Rises Despite Decline In Price As pointed out by an analyst in a CryptoQuant post, the BTC open interest has shown uptrend over the past month, despite the price of the crypto moving down.

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Analyst PlanB On Why The Bitcoin Price Is Unlikely To Ever See An 80% Drop

Popular analyst PlanB says Bitcoin will never experience an 80% price drop. Other market analysts do not rule out the possibility however. The benchmark cryptocurrency, Bitcoin, is currently down around 30% from its all-time high of just under $69,000 set in November.

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A Second Theranos? Renowned Economist Demeester Predicts Ethereum’s Ultimate “End”

Tuur Demeester says that Ethereum will go down like Theranos. The Ethereum skeptic thinks that Ethereum will not be able to deliver on its promises of PoS. Renowned economic analyst and founder of Adamant Capital, Tuur Demeester, has taken a swipe at the second-largest cryptocurrency, Ethereum.

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Analyst: Shiba Inu (SHIB) likely to see a dead cat bounce

A 26% rebound to $0.000055 is possible before another leg down SHIB could plummet… The post Analyst: Shiba Inu (SHIB) likely to see a dead cat bounce appeared first on Coin Journal.

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Analyst Puts Bitcoin Bottom At $50,000, Here’s Why

With bitcoin rallying, all the focus has been on predicting where the price of the asset will be by the end of the year. The digital asset is undoubtedly going to enter a period where various crashes will send the price down, popularly known as a bear market.

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Bitcoin On-Chain Data Shows Decrease In BTC Outflows, Crash Incoming?

Bitcoin on-chain data shows that the BTC outflows have been gradually heading downwards recently, hinting that a crash could be coming soon. On-Chain Data Shows BTC Outflows Continue To Decrease As pointed out by an Analyst on Twitter, on-chain data reveals Bitcoin outflows have been gradually going down in the past month.

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Crypto Analyst Says Ethereum Market Is A “Ticking Time Bomb”, Here’s Why

Ethereum has recently taken hits along with the rest of the wider market. Numerous market dips and crashes have seen the digital asset crashing back down below $3,000 in recent weeks and this has left ETH in a struggling position.

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Analyst Puts New Bitcoin ATH For October As Stablecoins Start Pumping Into BTC

Bitcoin analyst says new ATH in October is likely as on-chain data shows stablecoins may have started to pump into BTC. Stablecoins Reserve Starts Moving Down, Bitcoin To Reach New ATH In October? As explained by an analyst on CryptoQuant, after staying at highs, the stablecoins reserve has finally started a decline.

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Analyst Lays Out Theory That Suggests A 290% Move In Cardano (ADA) Before Rally Is Over

Cardano (ADA) has no doubt has an interesting couple of weeks leading up to this point. The digital asset has hit multiple new all-time highs as the rally raged on. Only now slowing down but still well above its last all-time high set in May of this year.

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Bitcoin’s Guaranteed Rally To $100k Will Have a Global Macroeconomic Impact, Bloomberg Analyst Posits

As the year burrows deeper into its second half, Bitcoin’s performance still remains way below the predicted price levels in Q4 2020 to Q1 2021. The leading crypto asset is currently down 5. 7% trading at $32,798 at the time of press.

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Bitcoin Sinks Below $33K, Analyst Says BTC at ‘Dangerously Low Levels’ While ETH Rests at ‘Comfortable Levels’

Bitcoin and a number of popular digital assets have been dropping in value over the past 24 hours, as bitcoin has slipped below the $33K handle. The entire market capitalization of all 10,000+ crypto assets in existence has shed billions during the overnight trading sessions, and the crypto economy currently rests at $1.38 trillion, down […]

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