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Bitcoin Activity Rebounds: Signal That BTC Needs For A Turnaround?

On-chain data shows that the active addresses of Bitcoin have seen a reversal recently, which could be positive for the cryptocurrency’s price. Bitcoin Daily Active Addresses Have Been Climbing Up Recently According to data from the market intelligence platform IntoTheBlock, Bitcoin has recently seen a rise in its Daily Active Addresses. An “active address” is […] дальше »

2024-7-3 12:00


Exchanges Not Bleeding Bitcoin: New Glassnode Data Busts Myth

The analytics firm Glassnode has revealed that exchanges haven’t been bleeding Bitcoin, at least not to the degree many previously thought. Bitcoin Exchange Reserve Has Only Seen A Minimal Decrease In Recent Years The exchange balance, a measure of the total amount of Bitcoin sitting in the wallets of centralized exchanges, has often been a […] дальше »

2024-7-3 10:00


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Crypto Analyst Says Next Bitcoin Target Is $78,700 If BTC Breaks This Resistance

An analyst explained that the next target for Bitcoin could be $78,700 if BTC could cross this resistance level of an on-chain pricing model. Bitcoin MVRV Extreme Deviation Pricing Bands Put Resistance At $65,800 In a new post on X, analyst Ali has discussed some price levels for Bitcoin that could be important based on an on-chain pricing model. дальше »

2024-7-3 09:00


Bitcoin’s Tightrope: Lower Mining Rewards And Fees Threaten Market Stability — Kaiko

Recent developments in the Bitcoin mining industry suggest a significant financial squeeze due to decreased network fees and halved block rewards. These factors are shaping the economic space for companies validating Bitcoin transactions and could potentially force some into selling their digital assets prematurely to remain solvent, according to Kaiko Research. Related Reading: Germany Shakes […] дальше »

2024-7-3 08:00


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Crypto analysts shift to Dogwifhat, Solciety, & Dogecoin as altcoins eye early breakouts

The crypto market displays a downward stance as Bitcoin (BTC) hovers below the $61. 5K mark. Nevertheless, declining Bitcoin dominance shows altcoins will lead the upcoming market rebound. Dogecoin (DOGE) attracts attention due to its potential 400% breakout, while Dogwifhat (WIF) targets $11 by November 2024. дальше »

2024-7-3 06:57


Fundstrat’s Head Of Research Says Bitcoin Will Reach $150,000, Here’s When

Fundstrat’s head of research, Tom Lee has doubled down on his initial Bitcoin prediction, strongly emphasizing that the pioneer cryptocurrency will surge to $150,000. The Wall Street strategist highlighted Bitcoin’s strong bullish outlook, believing that the cryptocurrency will eventually pull out of bearish trends soon. дальше »

2024-7-3 06:00


Bitcoin long liquidation dominance hits 70% in June amid 2024 market volatility

On-chain Highlights DEFINITION: The percentage of long liquidations out of all liquidations in a given timeframe, i.e., long liquidations / (long liquidations + short liquidations). In percentage terms, 50% means that there have been an equal amount of long and short liquidations, while values above 50% indicate more long liquidations, and values below 50% indicate […] The post Bitcoin long liquidation dominance hits 70% in June amid 2024 market volatility appeared first on CryptoSlate. дальше »

2024-7-3 04:00