Bitcoin: Hodlers defy market trends as BTC accumulation persists

BTC accumulation has persisted with over 27,000 per month. BTC price was on an uptrend, but MACD showed a bearish divergence. Recent data revealed that despite Bitcoin [BTC] reaching its cuThe post Bitcoin: Hodlers defy market trends as BTC accumulation persists appeared first on AMBCrypto.

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What does the future of Bitcoin depend on

Investors holding 1,000-10,000 BTC and US institutional holders declined in recent months. BTC's price remained below SMA as the bear trend persisted. Bitcoin's [BTC] price has been crawlingThe post What does the future of Bitcoin depend on appeared first on AMBCrypto.

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Terra Classic Continues To Brush Off Market Downtrends, Buy Now?

The crypto market has been bleeding lately, and leaders like Bitcoin and Ethereum have been on a downtrend. In addition, the Securities and Exchange Commission’s crackdown on top trading platforms Coinbase and Binance has further made things worse as the crypto winter has persisted.

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How Bitcoin's small addresses helped defy the bear market

Bitcoin defied the bear market with record-high addresses and ongoing accumulation trends. Undervaluation persisted as price showed signs of a rebound and positive flows across exchanges. ReThe post How Bitcoin's small addresses helped defy the bear market appeared first on AMBCrypto.

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Key Bitcoin Metrics Signal Potential Bull Run Despite Price Drop

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Bitcoin CME Gap at $28,000 Filled, But Correction Risk Looms

Bitcoin’s (BTC) upward trend has persisted, reaching its highest level since June 2022 before the FTX collapse. BTC has breached the nearest resistances, successfully filling the Chicago Mercantile Exchange (CME) gap and breaking above $28,400.

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Bitcoin exchange rate has strengthened by almost 23% in a week

Bitcoin has been consolidating since mid-December. Capital refused to enter the cryptosphere after the decision of the Federal Reserve System to increase the discount rate. The US stock market was also under strong pressure, which persisted until early January.

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New Bullish Metric Positions Bitcoin For A Massive Run, Mirroring 2020’s Bull Run

Notwithstanding, the rallies have persisted, and, most recently, a notable analyst has disclosed a bullish metric that is likely to see Bitcoin surge further.

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Massive Underground Mining Operations Active in China, Cambridge Data Reveals

Major Bitcoin mining operations may have persisted underground in China, despite the ban on the practice last year, according to recent data from Cambridge University. The post Massive Underground Mining Operations Active in China, Cambridge Data Reveals appeared first on BeInCrypto.

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Bitcoin Bloodbath Awakens Sleepy Giant As Spot Volumes Surge

Data shows the Bitcoin carnage has awakened the dead trading volume that had persisted since many months now. Bitcoin Trading Volume Surges To Highest Value Since December As per the latest weekly report from Arcane Research, the latest bloodbath in the crypto market has awakened BTC’s spot trading volume.

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Five GameFi Crypto Tokens that You Should Be Playing

The crypto market seems to have lost its luster for a while now, with the overall market valuation falling below $2-trillion. Despite Bitcoin’s 13th birthday celebrations, the crypto carnage has persisted.

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Ethereum Fails to Post Bullish Monthly Close, Opening the Gates for Downside

Ethereum’s trend of underperformance against Bitcoin has persisted and is showing few signs of changing anytime soon The cryptocurrency has been unable to match the strength seen by BTC over the past few weeks, and it is still trading below its key $400 resistance level Where it trends in the near-term depends largely on Bitcoin’s reaction to $14,000, as a break above this level could send the entire market flying higher One analyst is now […]

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Bitcoin Price Dives $150 in Minutes as Volatility Persists

Bitcoin market volatility has persisted as the U. S. dollar continues to swing back and forth as the market attempts to determine the odds of a fiscal stimulus package. The leading cryptocurrency recently plunged $150 in a manner of minutes as the U.

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Here’s Why a Wall Street Vet Says “Everything” Is an Inferior Trade to Bitcoin

Bitcoin has faltered over the past few days, failing to surmount $12,000 yet again. The asset trades at $11,750 as of the time of this article’s writing. Despite the pause in the uptrend that persisted all of last week, analysts remain bullish from a long-term stance.

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Ledger Hardware Wallet to Issue Exploit Fix to Prevent Users from Sending BTC on Accident

According to a blog published by Mo Nokhbeh, a crypto software researcher, the Ledger Wallet app is in danger of exploitation due to a vulnerability that has persisted on the platform since 2019. According to Mo, a user can send Bitcoin (BTC) instead of other Bitcoin forks such as the BTC testnets, Litecoin, Bitcoin Cash […]

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$12k Bitcoin Can Unlock Prices “As High as Imagination” Will Allow: Analyst

Bitcoin has faced a rejection after surging as high as $11,500 on Monday. As of the time of this article’s writing, BTC is at $10,800. Analysts remain optimistic despite this drop from the local highs, arguing that the bearish market structure that persisted last week is now broken.

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Bitcoin to Correct Throughout Summer Months as Analysts Eye Major Downside

Bitcoin’s consolidation phase has persisted, with the cryptocurrency continuing to trade sideways as it hovers around $9,360 The cryptocurrency has struggled to garner any notable momentum, showing some signs of weakness as it continues trading around the lower boundary of its range It does appear that it could be poised to see further near-term weakness due to it forming a weak technical structure This could spark a correction that causes it to decline throughout the […]

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Analyst: Bitcoin Could Continue Flatlining as it Gears Up for Explosive Volatility

Bitcoin’s unrelenting trading range has offered investors few insights into its near-term trend This range has persisted since the start of May, and isn’t showing no signs of letting up anytime soon Overnight sellers did attempt to shatter the lower boundary of this trading range, although this was quickly reversed by ardent buyers who have since pushed it back to $9,400 It now appears that this consolidation trend could extend even further The resolution to […]

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Bitcoin’s Uptrend Could End if It Stays Below $10,000; Here’s Why

Bitcoin’s overnight swing to highs of over $9,900 has led the cryptocurrency to enter a firm bout of sideways trading that has persisted throughout the past day. The cryptocurrency’s market structure has been bolstered by its ability to find some stability in the mid-$9,000 region despite the multiple rejections it has faced at $10,000. Analysts...

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Crypto exchanges record massive Bitcoin withdrawals as investors move into long-term holding

Crypto exchanges are witnessing dwindling Bitcoin volumes as investors continue to withdraw their coins. The trend has persisted since January with multiple exchanges recording substantial declines in the number of bitcoins held for their clients.

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Bitcoin Price Strongly Rejected at $6,000 After 15% Spike

Despite it being a weekend, volatility has persisted in the Bitcoin market. After falling as low as $5,000 today, the cryptocurrency spiked 15% in minutes, rallying to $5,950 from $5,150 in an hour’s time.

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Analyst: Ethereum Still on Track for Move to $260 as Network Activity Spikes

Ethereum has been closely tracking Bitcoin’s price action over the past several days and weeks, and this correlation has persisted when ETH dropped overnight as BTC was met with significant selling pressure within the lower-$9,000 region, which subsequently sent it reeling down to $8,700.

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Bakkt Bitcoin Futures See Huge Week: Growing Institutional Interest

It seems that the now-infamous China pump of 2019 has awoken something in Bakkt’s Bitcoin futures. On the day of the jaw-dropping 42% pump last week, the exchange’s futures saw more than $10 million worth of volume traded, a new all-time high for the fledgling market.

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China’s Virtual Currency Won’t use a Blockchain due to Lackluster Throughput

Rumors regarding various countries looking to create their own Bitcoin competitor have persisted for some time now. Until this week, there was no indication any major country would go through with those plans.

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Bitcoin breaks $12,000 mark for the first time since January 2018; Time to bring out the champagne?

When Bitcoin roars the market listens. As news of the top cryptocurrency breaking the $10,000 mark was still hot off the presser, the BTC price inclined by a further 7. 8 percent on a 24-hour basis and broke the $12,000 mark.

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Your Crypto Winter = Criminals’ Summer: Q1 2019 Crypto Thefts, Fraud Hit Whopping $1.2 Billion

By CCN. com: Even as the bearish conditions in the crypto markets persisted in this year’s first quarter, bad actors in the sector continued to thrive. According to cybersecurity firm CipherTrace, during the first quarter of the year, the amount that bad actors generated from stealing from bitcoin exchanges and operating cryptocurrrency scams reached $1.

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Bitcoin Trader Sentenced to Two-Year Prison Term

Bitcoin trader Jacob Burrell Campos was sentenced on April 8, 2019, to serve a two-year prison sentence and to forfeit more than $800,000 “for operating an unlicensed money transmitting business.

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Bitcoin (BTC) Climbs Above $5,200, Higher Support Position Needed To Keep Bullish Rally Going

The last couple of days have seen a tremendous shift in price movement from Bitcoin. What had been a bearish trend for weeks, quickly turned bullish in a couple of hours and has persisted for more than a week now.

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It’s Now Easier (And More Profitable) to Mine Bitcoin After Difficulty Drop

As Bitcoin mining hash rate has decreased amid lower prices, the mining difficulty has adjusted by design, making it easier to mine bitcoin.   Bitcoin mining difficulty adjusts to lower price For most of 2018, while the bear market persisted, mining hash rate and difficulty for Bitcoin continued to increase.

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Coinbase Launches OTC Platform, Clients Still Bullish On Crypto

Since Coinbase’s inaugural day in business during June 2012, the San Francisco-based startup has become world-renowned for its penchant for innovation within the cryptosphere and Bitcoin ecosystem.

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Janet Yellen, Ex-Federal Reserve Chair, Graciously Accepts Gifted Bitcoin

A Redditor decided to give the notably crypto-skeptic, ex-chair of the Federal Reserve, Janet Yellen, some bitcoin as a gift. Her gracious and open response may surprise some. Bah, humbug As chair of the US Federal Reserve between 2014 and 2018, Janet Yellen’s relationship with Bitcoin was as fractious as one would expect.

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Vietnamese Government Bans Mining Hardware Imports

Following a high-level proposal in July to ban the importation of all cryptocurrency mining equipment into Vietnam, the Vietnamese Customs Department has announced a total ban on all mining rig imports, according to a local news outlet.

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Bank For International Settlements (BIS) Continues Bashing Bitcoin As A Currency

The debate over the legitimacy of Bitcoin as a currency has persisted since the beginning of the creation of the coin. When the mysterious Satoshi Nakamoto rolled out the Bitcoin blockchain years ago, skeptics almost immediately began to argue that the currency would quickly peter out, losing value as quickly as it had gained notoriety. […]

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