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Bitcoin reclaims $80K zone as BNB, TON, GT, ATOM hint at altcoin season
Bitcoin’s current performance hints at a critical juncture as it faces challenges in breaking through key resistance levels. Struggling to surpass the 200-day simple moving average set at $84,000, the market sentiment remains mixed, with bulls holding their ground against persistent bearish pressures. According to Ryan Lee, chief analyst at Bitget Research, Bitcoin must close…
Continue ReadingCrypto Community Reacts to Trump’s Strategic Bitcoin Reserve
American President Donald Trump has reaffirmed his commitment to cryptocurrency by recently signing an executive order aimed at establishing a strategic Bitcoin reserve. This initiative aligns with several pro-crypto promises he made during his campaign last year and includes the creation of a Digital Asset Stockpile designed to bolster the country’s position in the digital…
Continue ReadingPavel Durov’s rise to the top
Pavel Durov, born on October 10, 1984, in St. Petersburg, Russia, carved a notable niche in the tech world from an early age. His passion for computer science led him to establish influential online social media platforms, one of which is VKontakte (VK), a prominent social media site tailored for Russian speakers that he founded…
Continue ReadingThis Key Resistance Could Prevent BTC’s Surge to $90K
Bitcoin has recently shown notable price action, experiencing a vigorous rebound from the pivotal support level of $78K. Currently, it finds itself testing a crucial resistance point at $85K. Should Bitcoin manage to reclaim this level, traders anticipate that the next target may land within the $90K region. ### Technical Analysis #### The Daily Chart…
Continue ReadingThese Indicators Suggest Bitcoin May Be at the Start of a Bear Market: CryptoQuant
Analysts from crypto market intelligence firm CryptoQuant have raised alarms regarding the current state of Bitcoin (BTC), suggesting the leading cryptocurrency could be entering a bear market. Their recent report highlights concerning trends in on-chain valuation metrics that indicate a significant shift in market dynamics. The assessment of Bitcoin’s price movement suggests that the recent…
Continue ReadingBitcoin whale bets $368M with 40x leverage on BTC decline ahead of FOMC
A significant player in the cryptocurrency market has placed a massive bet against Bitcoin, signaling potential short-term bearish sentiment as the market prepares for a week filled with crucial economic reports. This "Bitcoin whale," a term used for large-scale investors, has opened a leveraged short position amounting to over 4,442 Bitcoin (BTC), valued at approximately…
Continue ReadingBitcoin gets $126K June target as data predicts bull market comeback
Bitcoin’s potential to reach new all-time highs by June this year is making waves in the cryptocurrency community, thanks to insights from network economist Timothy Peterson. He posited that historical patterns could guide Bitcoin (BTC) to surpass its previous peak of $109,000 within a narrow window of approximately two and a half months. His analysis,…
Continue Reading5 Unbelievable Ways Trump Is Unleashing Bitcoin’s Trillion-Dollar Bull Run (Opinion)
The political landscape surrounding cryptocurrency has witnessed a dramatic shift, particularly with the evolving stance of Donald Trump, the reelected Republican president. Once a vocal critic of cryptocurrencies, Trump’s transformation into an advocate for the crypto industry signals a significant cultural and economic pivot in American politics. Back in 2019, during his presidency, Trump openly…
Continue ReadingForget Solana, XRP may flip Ethereum first amid 5-year high
XRP has recently demonstrated significant momentum against Ether (ETH), experiencing its highest valuation in five years. As of March 15, the XRP/ETH trading pair reached 0.00128 ETH, marking a staggering 925% increase from its all-time low of 0.00013 ETH set in June 2024. This price surge showcases a phenomenal recovery, particularly in light of the…
Continue ReadingToncoin (TON) Skyrockets by Double Digits, Bitcoin (BTC) Holds Steady at $84K (Weekend Watch)
Bitcoin’s price has exhibited a stable performance over the weekend, hovering around the $84,000 mark. Despite the overall cryptocurrency market experiencing a slight downturn, Toncoin has distinguished itself, buoyed by favorable news regarding Telegram’s founder, Pavel Durov. BTC Stands Still at $84K The past week has been marked by significant price volatility for Bitcoin, commencing…
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