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Bitcoin market signals local bottom as key indicators suggest potential reversal

Quick Take Several key metrics in the Bitcoin market suggest a local bottom, an inflection point indicating a potential reversal from the recent downward trend. Open interest, a metric that tracks the total number of outstanding derivatives contracts, has been reset, indicating that players are repositioning themselves for a potential market shift. дальше »

2023-8-24 13:00


GenZ’s Crypto Rebellion: South Korean Youth Chooses XRP Over Bitcoin And Ethereum

South Korea, known for its tech-savvy populace and a strong inclination towards crypto investments, has thrown a new trend into the spotlight concerning XRP. A recent report from the South Korean news outlet News1 Korea indicates that the nation’s Generation Z (GenZ) displays a marked preference for altcoins, most notably XRP, over the more established […] дальше »

2023-8-24 00:00


Base Blockchain by Coinbase Hosts over 500 Suspect Tokens; Big Players Eye This Shiba Inu Contender

The trend of meme coins incorporating play-to-earn (P2E) games into their ecosystems is becoming increasingly popular in decentralized finance (DeFi). As the popularity of such meme coins continues to rise, the search for the best DeFi cryptocurrency with the most intriguing gameplay and attractive rewards intensifies. дальше »

2023-8-23 21:14


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Three Altcoins(LTC, XRP, XLM) On Recovery Path After The Crypto Meltdown Last Week

Last week, the cryptocurrency market experienced a widespread drop in market capitalization, affecting various altcoins, including Litecoin ($LTC), Ripple ($XRP), and Stellar ($XLM). However, recent developments indicate that these altcoins are showing signs of recovery, with market value to realized value metrics indicating that many traders are currently facing significant losses. This trend could potentially […] дальше »

2023-8-22 10:30


DeFi Protocol Exactly Loses $12 Million In Optimism Layer 2 Hack – Details

In a concerning trend for the decentralized finance, or DeFi space, two prominent protocols – Exactly and Harbor – have fallen victim to separate attacks. These incidents, the latest in a string of recent exploits, have highlighted the vulnerabilities that can arise within the relatively new and experimental world of DeFi. Exactly, a credit market […] дальше »

2023-8-20 13:48


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Key Metric Suggests Institutional Traders Have Completed Their BTC Accumulation — Bullish Move Incoming?

Major institutional traders may have potentially concluded their Bitcoin (BTC) accumulation phase, paving the way for a bullish trend in the cryptocurrency market. MAC D, an analyst from onchain metrics firm Santiment recently shared insights into this intriguing development in an August 12 post, noting that this could be rooted in the tumultuous events of […] дальше »

2023-8-18 12:38


Bad Idea AI Continues to Trend after a 500% Increase this Month, Two More AI Cryptos to Watch

The AI space has drawn more attention recently, and it was only a matter of time before the crypto space amalgamates with AI to create groundbreaking innovations. Bad Idea AI ($BAD) has been in the spotlight, with Borroe ($ROE) and InQubeta ($QUBE) also making giant strides  Bad Idea AI Trending Bad Ideas AI (BAD) is … Continued The post Bad Idea AI Continues to Trend after a 500% Increase this Month, Two More AI Cryptos to Watch appeared first on BeInCrypto. дальше »

2023-8-17 16:30


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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. дальше »

2023-8-15 02:00