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BTC

Analysis and Predictions Surrounding Bitcoin’s Price Decline Amid Israel-Hamas Conflict

As the tension escalates between Israel and Hamas, the value of Bitcoin undergoes a decline. Let’s delve into the intricate global dynamics at play and contemplate the potential course that this cryptocurrency may chart. Bitcoin, denoted as BTC, recorded a decrease to $26.5k on October 12, departing from its recent position at the $27k level. […]

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btc

Three factors hindering Bitcoin’s ascent beyond the $28.5K mark

At the outset of the week, Bitcoin witnessed a surge in investor sentiment, yet three significant factors have thwarted its journey toward reclaiming the $30,000 threshold. On October 2nd, Bitcoin’s price, currently at $27,684, experienced an intraday upswing of 5.5%, reaching $28,600. However, this bullish momentum fizzled out as the eagerly awaited launch of Ether

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BITCION

The decreasing Bitcoin value suggests that the ongoing bearish trend may not have reached its end

Bitcoin’s value is once again sliding, dipping below the critical $26,500 support level, and there’s a looming threat of further declines below the $26,000 mark in the short term. The decline in Bitcoin’s fortunes commenced when it stumbled in its attempt to surpass the stubborn $27,500 resistance. Presently, its value hovers beneath both $26,500 and

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Binance

The trading volume of Bitcoin on Binance saw a substantial 57% decrease in September

In the midst of increasing regulatory scrutiny and legal battles, Binance witnessed a substantial 57% decrease in its weekly Bitcoin trading volume since the beginning of the month. This decline suggests potential instability for the world’s largest cryptocurrency exchange. This downtrend aligns with growing legal challenges and heightened regulatory supervision directed at the exchange on

The trading volume of Bitcoin on Binance saw a substantial 57% decrease in September Read More »

BTC

Crypto Market Assessment: Brace for an Unpredictable Week, Indications of a Potential Decline!

In a recent episode of the highly regarded YouTube channel dedicated to cryptocurrency, ‘Crypto Banter,’ the renowned expert in crypto technical analysis, Annii, shared her valuable insights regarding the expected market fluctuations anticipated for the upcoming week. Given the multitude of significant news events poised to exert their influence on the crypto sphere, she generously

Crypto Market Assessment: Brace for an Unpredictable Week, Indications of a Potential Decline! Read More »

Dogecoin

Doge-inspired analysts are prompted to assess three additional meme-based cryptocurrencies

In the world of cryptocurrency, meme-based coins have emerged as a distinctive niche, drawing inspiration from internet memes and trending topics. Dogecoin (DOGE) stands as the trailblazer among meme coins, having been created by software engineers Jackson Palmer and Billy Markus back in December 2013. Initially conceived as a decentralized digital currency for quick and

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BTC

Bitcoin experiences a resurgence, potentially driven by a looming short squeeze, in response to the suspected decline linked to FTX on Monday

Jakub Porzycki | Nurphoto | Getty Images The price of bitcoin experienced a rebound on Tuesday, reversing the losses observed the previous day, which had been driven by concerns related to FTX liquidations. As per Coin Metrics, Bitcoin was up 4.5% at $26,185.72. On Monday, Bitcoin had dipped below the critical support level of $25,000

Bitcoin experiences a resurgence, potentially driven by a looming short squeeze, in response to the suspected decline linked to FTX on Monday Read More »

Bitcoin’s offers drop to their lowest point since March as the price of BTC falls below $25,700

Bitcoin’s offers drop to their lowest point since March as the price of BTC falls below $25,700

A fresh analysis warns that the bullish momentum of Bitcoin (BTC) is diminishing as liquidity shifts, potentially signaling a forthcoming volatile move. Keith Alan, co-founder of the monitoring resource Material Indicators, raised concerns in a recent post on September 6th, highlighting noteworthy changes in the Binance order book. Analyst: Bitcoin bulls and bears both lack

Bitcoin’s offers drop to their lowest point since March as the price of BTC falls below $25,700 Read More »

ftx-solana-wallet

Prior to the bankruptcy hearing, an FTX-affiliated wallet transfers $10 million worth of alternative cryptocurrencies

Source: AdobeStock / Rafael Henrique FTX’s Solana wallet, associated with the bankrupt crypto exchange, has transferred $10 million worth of alternative cryptocurrencies to the Ethereum network via the Wormhole bridge over the past four days. This has raised concerns about the potential for further token sell-offs in the market. In a previously submitted filing from

Prior to the bankruptcy hearing, an FTX-affiliated wallet transfers $10 million worth of alternative cryptocurrencies Read More »

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