Cryptocurrencies have suffered from a brutal sell-off the past few months considering the Terra fiasco. But the last fortnight has been especially bad for investors as they lost a significant chunk of their savings. However,
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Long-term holders, however, have managed to retain a high level of conviction Yassine Elmandjra, an analyst at ARK Investment Management, noted that short-term bitcoin holders have seemingly capitulated. The MVRV ratio, which measures Bitcoin’s market
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Bitcoin is headed for the weekly close, and all eyes are on its price. The past nine weekly candles have been negative, and the question is if it will break this trend today or put
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Could Bitcoin drop to as low as $12,000? Peter Brandt weighs in In a recent Twitter thread, the Peter Brandt cryptocurrency may be on track to record its fourth correction of up to 80% since
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State of New York gets one step closer to restricting proof-of-work mining technology New York may become the first-ever US state to ban cryptocurrency mining due to environmental concerns. However, analysts and crypto enthusiasts believe
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Bitcoin's dominance has increased to highest level since late October Bitcoin dominance surpassed 47% for the first time since Oct. 20 earlier today. The king of crypto tends to grow its market share during major
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Bitcoin displays this well-known bear market tendency On-Chain Analytics Platform InTheBlock notes a familiar pattern that is typical with Bitcoin in most bear markets – investors with long-term horizons increase their holdings during bear markets.
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Venture capitalist Tim Draper has doubled down on his bitcoin price prediction of $250,000 by the end of this year or early next year. However, he explained why he expects the price of the cryptocurrency
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Arthur Hayes believes that Bitcoin has already reached this cycle’s bottom Former BitMEX CEO Arthur Hayes has opined that the Bitcoin price has already reached the bottom of the current cycle. Last year, the Bitcoin
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Bitcoin (BTC) price is expected to hit a “cycle bottom” this year, with a decline of nearly 50% from present levels, according to research. On June 1, Venturefounder, a contributor to on-chain analytics platform CryptoQuant,
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