The venture investor Tim Draper, who is well-known for his early and enthusiastic Bitcoin purchases, has updated his forecast for when the cryptocurrency would reach $250,000. The present state of the industry has caused Draper's
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The largest cryptocurrency, Bitcoin (BTC), battles bearish pressure, and as a result, gains enough positive momentum to cause a highly uncommon "golden cross" on a crucial time frame. An expert analyst explains why now is
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After the SEC declared that previous filings to launch a spot Bitcoin ETF were insufficient, the price of Bitcoin surprisingly fell. Applications for spot Bitcoin ETFs have been made by companies including BlackRock and Fidelity,
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The highest increase in Bitcoin transaction fees since the second quarter of 2021, according to IntoTheBlock, an on-chain analytics company, has occurred during the preceding quarter. According to a chart posted by IntoTheBlock, total Bitcoin
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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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