As the amount of Bitcoin available on cryptocurrency exchanges continues to decline, there is a noticeable trend developing that might lead to a supply shock in the future. The effects of this occurrence on the
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As a result of a significant change in how their prices move, the correlation between Bitcoin and gold has fallen to its lowest level in the past year. As of right now, the correlation coefficient
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Scott Melker, a cryptocurrency trader, analyst, and interviewer of well-known figures in the sector, tweeted a BTC/USDT chart on Twitter with the caption "Looks like it wants more." A Falling Wedge pattern, a type of
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Tomorrow will see the expiration of quarterly options on Bitcoin (BTC) and Ethereum (ETH), which is a significant market event, according to the Greeks Live portal. This expiration, with a total notional value of $7
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In the midst of the recent exchange-traded fund (ETF) craze, speculation on a potential Bitcoin bull run has increased. Leading analyst Dave Weisberger's observations have fueled the fire even further. He recently stated that there
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It is not necessary to assume that the enormous value transfer from centralised exchanges to Bitcoin (BTC) miners will increase selling pressure on the initial cryptocurrency. Instead, a seasoned on-chain expert argues it might be
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Michael Saylor's business intelligence company, MicroStrategy, recently revealed that it had made a substantial Bitcoin acquisition, which garnered more media attention. For a staggering $347 million in cash, MicroStrategy and its affiliates purchased around 12,333
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Attorney John Deaton for XRP investors has seen a promising development for Bitcoin, the largest cryptocurrency by market capitalization. Deaton asserts that the fact that 80% of Bitcoin has remained unchanged may indicate that people
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In an intriguing change of events, the Crypto Fear & Greed Index, which is widely recognised as a key market indicator, has once again flashed the signal of "greed." The indicator, which had been drifting
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According to a reputable expert, Bitcoin may retest its previous record high of $60,000. This optimistic outlook is the result of a careful analysis of Bitcoin's price development, adjusted for the M1 money supply, which
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