Price Analysis
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Key Reasons Why Bitcoin (BTC) Bullish Market Could Be Commencing
Last year was a tough year for virtual digital asset investors. The cryptocurrency exchanges and lenders collapsed like stocks of cards as the bears reigned the marketplace. After 2023’s huge collapse of about 70%, researchers expect that this year could witness bearishness. Interestingly, the start of this year was quite contradictory for the marketplace, particularly…
Leia agora -
Bitcoin (BTC) Miner Marathon Digital to Roll out $400M Mining Facility
Along with the Bitcoin rally, Marathon Digital registered a 45% improvement in the total BTC minted. In January, the BTC miner produced 687 Bitcoin, up from the 475 Bitcoin minted last year. Nevertheless, the BTC mining giant continued to distribute its Bitcoin holdings to support its processing expenses. Marathon Digital Holdings is ready to launch…
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The United Kingdom to Publish Crypto Guidelines Today
The United Kingdom to publish cryptocurrency guidelines today. The proposals from HM treasury are crested to ascertain the return on investment to users in the event of bankruptcy of digital asset trading. More specific guidelines will be implemented for financial brokers and custodians, and the drafted regulations, created for a three-month public discussion, will also…
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Bitcoin (BTC) to Close Out Best Since 2013 – Price Analysis
Considering an increase of 39.4% in January 2023, BTC is ending the month by emerging the best since a 40% increase in October a couple of years ago and its outstanding performance in January since 2013. Currently, Bitcoin is changing hands at 22,910 dollars, and BTC has been trading high over the previous week at…
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What Happened on Shiba Inu’s (SHIB) Short Trades?
Information produced by two common wallet trackers indicates that, during the weekend, a couple of large chunks of SHIB were transferred. One was marked as a purchase made by a Shiba Inu whale, one of the 200 biggest whales on the ETH Blockchain. Regarding the latest tweet by whaleStats, a whale known as Boromir, after…
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Bitcoin Fear and Greed Index Switches to Neutral Amid Regulatory Scrutiny
A bullish Friday session saw Bitcoin gaining 0.27% to finalize yesterday at $23,067. The NASDAQ Index and United States economic indicators offered support, whereas regulatory chat tried investor appetite. The Fear and Greed Index went Neutral, dipping to 52/100 from 55/100. Bitcoin reversed Thursday’s 0/22% after yesterday’s 0/27% surge that saw the leading cryptocurrency ending…
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Bitcoin January 27th Outlook – When Will BTC Recover?
The digital assets bear market has been excruciating and extensive. Nevertheless, crypto investors still determine when it will end and when large numbers will be witnessed. Therefore, various traders expect a substantial fall in BTC after Bitcoin embraces its latest bounce. Meanwhile, others hope BTC will consolidate before maintaining its run. However, nobody is certain.…
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Harsh Truth Behind the Terra Luna Narrative
The fall from grace of the Terra Luna network indicated one of the worst catastrophes the crypto ecosystem has ever witnessed. The network crashed and rebranded while developing a multiverse ecosystem in the aftermath. Early last year, Do Kwon, the Chief Executive Officer and co-founder of Terraform Labs, the organization behind Terra Luna, purportedly withdrew…
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Axie Infinity (AXS): Monthly Player Count Dips to Lows Not Witnessed Since Nov. 2020
The P2E game Axie Infinity saw its monthly player count plunging to lows never witnessed since November 2020. That came after the project recorded NFT sales worth approximately $4.26 billion. Meanwhile, AXS, the platform’s native coin, seems unbothered with the lower gamer count, gaining around 62% against the USD over the past 30 days. AXS…
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ADA and LTC Join ORBN in the Market Upsurge – Details
The previous year was a rough year for the crypto industry. But meanwhile, the storm is starting to turn. Three of the major digital assets, such as ORBN, ADA, and LTC, have witnessed growth over the past couple of weeks, and with ORBN finalizing its presale activities, the surge is only about to begin. With…
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