A closer look at the changes in stablecoin supply as TUSD gains on market

While most crypto market analyses predominantly focus on Bitcoin and Ethereum, given their stature as the two largest and most influential cryptocurrencies, it’s crucial to underscore that stablecoins are an equally pivotal market force.

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Bitcoin MVRV At Critical Support Line, Will Retest Be Successful?

On-chain data shows the Bitcoin Market Value to Realized Value (MVRV) ratio is nearing a retest that could be crucial for the asset. Bitcoin MVRV Ratio Is Nearing In On The 1. 2 Level As an analyst in a CryptoQuant Quicktake post explained, the 1.

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Polygon (MATIC) Drops Below Crucial Level – Will Sellers Exit?

Polygon (MATIC), one of the prominent players in the cryptocurrency market, has faced a turbulent period as it lost its grip on the $0. 60 mark, leaving investors and traders on edge.   As of the latest data available, MATIC was trading at $0.

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How Bitcoin And Crypto Are Impacted By The Fed’s Growing War Chest: Report

In a recent report by Capriole Investments’ Charles Edwards explored the Federal Reserve’s ever-expanding war chest and its potential implications for the Bitcoin and crypto market. As Bitcoin gears up for its halving in April 2024, a pivotal event that will make it scarcer than gold, understanding the macroeconomic environment becomes crucial.

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Bitcoin faces crucial resistance as submerged cohorts of hodlers affect market sentiment

Quick Take Information drawn from recent data analysis underscores the significant resistance that Bitcoin is encountering, with a price range from $26,419 up to $26,773. This resistance is critical because three different cohorts of average withdrawal prices are currently tagged as underwater, meaning that the current price is below the average price at which the […] The post Bitcoin faces crucial resistance as submerged cohorts of hodlers affect market sentiment appeared first on CryptoSlate.

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Traders Turn Attention to Altcoins As Bitcoin Hype Normalizes: Santiment Report

No matter their expertise, traders are not immune to emotional reactions. Significant market fluctuations can often lead to impulsive decisions and assumptions about future market trends. In this sector, which is now 15 years old, market sentiment continues to play a crucial role.

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Shiba Inu is Again CoinMarketCap’s Most Watched Crypto as Price Holds Key Support, But There’s a Catch

Shiba Inu coin (SHIB) has shown some resilience in the cryptocurrency market over the last 24 hours. After strongly protecting the crucial support level at $0. 000008, the price of SHIB has surged almost 5% and is currently trading around $0.

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Breaking Point: Bitcoin Fate Hangs On $25,400 Support, $20,500 Looms As Potential Bottom

Bitcoin (BTC), the leading cryptocurrency in terms of market capitalization, is displaying persistent indications of an ongoing downtrend. Currently oscillating between the $26,000 level and the $25,800 mark, it is edging closer to a crucial support level at $25,400.

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Why tracking Bitcoin with fiat is crucial

Challenging a recent claim that tracking Bitcoin against fiat currencies is futile, this article uncovers the indispensable link between them. Understanding and interpreting the market dynamics is essential in a rapidly evolving cryptocurrency landscape.  Recently, a claim was made on…

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Polygon (MATIC) At June Lows Again – Prospects For Bullish Recovery?

Polygon (MATIC) has entered a phase of consolidation, hovering just above the crucial $0. 50 mark. The coin’s recent retracement to June lows has garnered significant attention from bullish investors, even as the broader crypto market remains hounded by uncertainties and price plunges.

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Bitcoin Price Supported By Thin $40 Million Bid Pool, But For How Long?

In the ongoing market turbulence on higher timeframes, Bitcoin (BTC) is at a crucial juncture as a great consolidation phase persists. Research and analysis firm Material Indicators closely monitored the recent weekly candle close/open, paying particular attention to two key factors: the trend line and the 21-day, 21-week, and 21-month moving averages (MA) – all of which are currently influential in shaping market dynamics.

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Bitcoin Whales Load Up Their Bags as Price Teases Crucial $31,000 Resistance — A Breakout Incoming?

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XRP Set to Soar 500% Says Leading Crypto Expert, Citing Ripple Outlook

XRP, the digital currency that has been making waves in the crypto space, is currently undergoing a significant retest that has caught the attention of traders and enthusiasts alike. This retest aligns with a major trendline dating back to 2022, marking a crucial point for potential entry into the XRP market.

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Cardano ADA Trends: Accumulation And Adoption

The recent developments in the Cardano ecosystem are indicative of both market dynamics and blockchain adoption trends. The price of Cardano (ADA) hovering around $0. 29 suggests a level of stability and investor interest, although it’s crucial to note that cryptocurrency markets can be highly volatile.

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Binance Approves Shiba Inu As Collateral: What Does This Signal For SHIB’s Future?

Binance has continued to make significant strides, cementing its role as a crucial player in the market. One of the recent moves involves the addition of 22 new loanable and collateral assets to its Flexible Loan and VIP Loan services, including the meme-inspired cryptocurrency, Shiba Inu.

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U.S. exchanges are seeing fewer outflows than offshore competitors

Monitoring exchange inflows and outflows is a crucial aspect of market analysis. These metrics often serve as a barometer for market sentiment, providing insights into investor behavior and potential price movements.

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Inside stablecoin supply dynamics as TUSD shakes up the market

Understanding the dynamics of stablecoin supplies is a crucial aspect of crypto market analysis, as stablecoins play a pivotal role in the cryptocurrency ecosystem. Fluctuations in the market cap of these pegged assets can signal shifts in investor sentiment, liquidity changes, and overall market health.

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Bitcoin: Trading Veteran Casts Doubt On Impact Of 2 Key BTC Events

As the Bitcoin market continues to persist, speculation regarding impending events forms a crucial part of the discourse. Among such discussions, the forthcoming BTC halving and the potential United States approval of a spot Bitcoin ETF have captured much attention.

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Long-term holders seem unfazed by Bitcoin’s dip to $29K

The recent drop in Bitcoin’s price to $29,200 has sparked significant liquidations, with the market witnessing nearly $50 million in realized losses, most coming from short-term holders. The behavior of long-term holders (LTH) and short-term holders (STH) is crucial to understanding market dynamics.

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Binance Coin (BNB) Price Poised For A Major Breakout – Which Way Will It Go?

Binance Coin bulls have shown signs of sluggishness, leading to a concerning dip below the crucial $240 support level. This downward movement suggests that bearish forces may be gaining dominance in the near-term market outlook.

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Stablecoin Liquidity Ratio Plummets: Implications For Bitcoin And Crypto

In the Bitcoin and crypto market, stablecoins have emerged as a crucial element for liquidity, often dubbed as the “dry powder”. Stablecoins like Tether (USDT), USD Coin (USDC) and TrueUSD (TUSD) provide a safe haven for investors, allowing them to park funds on the sidelines before making strategic moves into BTC and altcoins. However, recent […]

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Why Is Bitcoin Price Up Today?

The Bitcoin price tagged a new yearly high yesterday at $31,840, leaving market participants wondering about the driving forces behind this bullish momentum. The Power of Economic Indicators One of the crucial factors contributing to Bitcoin’s upward trajectory was the release of the United States Producer Price Index (PPI) data.

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Why are short-term holders HODLing instead of taking profits?

Bitcoin’s sustained price level above $30,000 has Brough about a noticeable shift in market behavior, particularly among short-term holders. Short-term holders (STHs), or those who have held Bitcoin for less than 155 days, play a crucial role in market analysis.

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Bitcoin Market Braces For CPI Figures: Will BTC Rally Or Retreat Today?

As the highly anticipated US Consumer Price Index (CPI) data for June is set to be released today at 8:30 am EST, the Bitcoin (BTC) market finds itself at a crucial crossroads. With inflation concerns lingering and the Federal Reserve’s next moves under scrutiny, market participants eagerly await the impact of the CPI figures on BTC’s price trajectory.

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Ethereum’s Consistent Price Upswing Fueled By Increase In DEX Transaction Volume — Crucial Stage Lies Ahead

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Crypto Market Growth Stalls As Bitcoin & Ethereum Prices Drop, But Traders Are Bullish On These Tokens

Bitcoin ($BTC) and Ethereum ($ETH) are experiencing a notable dip, with both cryptos seemingly taking a breather after a period of sustained optimism. $BTC is now hovering around $30,600, while $ETH is trading at $1,915, meaning both are below crucial resistance zones.

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Market Update: ARB To Sink, ETH At Crucial Support While DOGE & HBAR Prepare For Rallies

While Bitcoin struggles to conquer the $31k zone, other coins are battling their own wars. Starting with ARBUSDT, the chart has formed a Head and Shoulder pattern, a classic reversal pattern, and has also broken the neckline.

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Monero (XMR) Demonstrates Resilience, Top Analyst Predicts Crucial Phase for GALA Games Coin

Monero, a prominent player in the privacy coin sector, has been demonstrating resilience in the face of market volatility. After breaking its support level of $164. 60 in early February 2023, it has been engaged in a tug-of-war with this level, attempting to break it in March and April but to no avail.

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Binance Coin trades beneath the crucial $250 mark, where to next?

Disclaimer: The information presented does not constitute financial, investment, trading, or other types of advice and is solely the writer’s opinion. The market structure and momentum favored The post Binance Coin trades beneath the crucial $250 mark, where to next? appeared first on AMBCrypto.

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Bitcoin And Crypto: Here’s What’s Crucial For Prices This Week

Last week, Bitcoin and crypto prices capped off a month and quarter that could serve as a bullish harbinger for July. As the market continues to evolve and capture the attention of investors worldwide, it’s important to keep an eye on macroeconomic events that can significantly impact the price of Bitcoin and other cryptocurrencies. This […]

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Analyzing capital rotation across cycle transitions

Investigating the Flow of Capital Amidst Market Shifts In studying the dynamics of capital rotation, we’re particularly focused on the turning points across various cycle transitions. This perspective provides crucial insights into the mechanisms driving the Bitcoin market.

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Longest streak of Bitcoin withdrawals surpassing deposits signals market shift

Tracking Bitcoin’s movement across exchanges is crucial to understanding market dynamics. The balance of Bitcoin on exchanges serves as a reliable barometer of market sentiment, providing invaluable insight into investor behavior and potential market shifts.

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What To Expect With The Recent Bitcoin Miners’ Selling Pressure

Bitcoin miners play a crucial role in the cryptocurrency ecosystem, as they validate transactions and secure the network. Their activities often have a significant impact on the Bitcoin market, particularly when they send their Bitcoin profits to exchanges.

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Crypto Rollercoaster: Diversify But Stay Informed

Portfolio diversification in crypto holdings is indeed crucial and goes hand in hand with staying informed about news, trends, and announcements in the market. In the volatile and rapidly evolving world of cryptocurrencies, diversification serves as a risk management strategy, while staying updated ensures informed decision-making and potential opportunities.  Here’s a tweet of a man […]

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Over 86% of unspent Bitcoin in profit as BTC continues to trade above $30k

The cryptocurrency market has been a whirlwind of activity over the past week, with Bitcoin (BTC) seeing the most notable uptick, climbing over the $30,000 mark for the first time in two months, a crucial psychological milestone that could return much-needed confidence to the market.

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Trading Guru John Bollinger Unveils Unparalleled Insights On Bitcoin Spike 

Bitcoin, the cryptocurrency boasting the highest global market capitalization, has experienced an unexpected and significant surge, surpassing the crucial $30,000 threshold for the first time since April 19.

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Short-term Bitcoin holders signal positive market momentum as BTC breaks $30K

In the midst of Bitcoin's recent surge past $30,000, CryptoSlate's detailed analysis of short-term holders (STHs) and their realized profit/loss (RPL) ratio reveals crucial insights into market trends.

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Important economic events that will impact crypto markets this week

The cryptocurrency market struggled since the Securities and Exchange Commission sued Coinbase and Binance. However, the industry showed optimism over the weekend (following crucial developments) to record impressive price movements.

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Altcoins gain traction while bitcoin’s social trend falls

As bitcoin (BTC) started to fall from the crucial $26,000 mark, the social volume and sentiment toward altcoins have risen tremendously, according to data provided by the market intelligence platform Santiment.

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Bitcoin Market At Decision Point: Will This On-Chain Retest Be Successful?

On-chain data shows a Bitcoin metric is approaching a crucial retest that can make or break a rally. Will the bulls come out on top? Bitcoin Short-Term Holder Realized Profit/Loss Ratio Is Nearing 1 Level According to data from the on-chain analytics firm Glassnode, a successful retest here would be constructive for the price of the asset.

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Litecoin (LTC) Uptrend Potential: Conditions for Continued Price Rise

In spite of the altcoin market downturn and severe drops, there's potential for Litecoin (LTC) to maintain its ongoing upward trend. To achieve this, it's crucial for the LTC price to confirm the symmetrical triangle pattern and commence a rebound.

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What’s going on behind the scenes of June’s massive miner outflow?

Analyzing miner-to-exchange flows is crucial for understanding market sentiment, particularly when evaluating whether miners are liquidating or accumulating. A surge in Bitcoin inflows to exchanges has historically preceded an increase in sell orders, often leading to price slumps as the selling pressure increases.

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S-Trade makes trading effortless

In the rapidly evolving world of cryptocurrencies, finding the right platform and tools is crucial for becoming a successful crypto trader. With the global crypto market soaring to an astounding $1.

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Bullish Sentiment Around Bitcoin Halving: CleanSpark’s Strategic Investment in Mining Equipment

In the cryptocurrency ecosystem, the Bitcoin halving event has long been recognized as a crucial turning point, inspiring optimism among institutional investors and market participants. Even though the bear market is still going strong, CleanSpark’s recent purchase of 12,500 Antminer S19 XP Bitcoin miners is a prime example of the optimism and forward-thinking attitude that […]

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New 30x AI crypto QUBE should be in every investor's portfolio

In the ever-changing landscape of the cryptocurrency market, it's crucial for investors to stay informed about promising projects that have the potential to deliver significant returns. One such pThe post New 30x AI crypto QUBE should be in every investor's portfolio appeared first on AMBCrypto.

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Rethinking AI Investments: Seven Companies to Watch

In a rapidly evolving AI landscape, it's crucial to identify potential market leaders. Explore how Microsoft, Google, Baidu, C3. ai, Nvidia, Amazon, and Tesla are shaping the future of AI with their innovative approaches and transformative applications.

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Key Bitcoin Metric Reaches Crucial Support Level, Can Price Pull A 2021-Like Rally?

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These key ETH observations could be crucial for your next market move

ETH sell pressure drops to a monthly low as the market loses volatility. A lack of bullish momentum confirms that the bears are still waiting on the sidelines. Ethereum’s native currency EThe post These key ETH observations could be crucial for your next market move appeared first on AMBCrypto.

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Litecoin Surpasses $90, But This Level Remains Crucial For The Altcoin

Despite the prevailing selling pressure in the cryptocurrency market, Litecoin has emerged as a standout performer. While the past 24 hours have not witnessed significant movement in the LTC price, the weekly chart reveals an appreciation of nearly 4%.

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