This week, while bitcoin and ethereum decelerated, they still managed a modest uptick of 2-3% against the U.S. dollar. Meanwhile, a roster of around 50 cryptocurrencies recorded double to triple-digit gains during the same seven-day span. In the race of gains from Saturday, October 28, to Saturday, November 4, 2023, the cryptocurrencies ARK, SNT, and…
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On November 2, 2023, the crypto economy is thriving, boasting a value of $1.31 trillion following a 2.88% increase in the past 24 hours. Bitcoin has notably surpassed the $35,000 mark, showing a 2.8% increase, while a wide array of two dozen digital assets have experienced double-digit growth this Wednesday. Leading the 24-hour surge are…
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The newly listed GOLD Token has seen a parabolic move so far, skyrocketing over 28,000% from its listing price just yesterday. After reaching an intraday high of $0.3225, the GOLD Token price has pulled back but remains up substantially. As traders look for potential buy zone entry levels, the key moving averages on the 5-minute…
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Bitcoin has bounced back after briefly falling below $25,000 on Monday, suggesting bullish sentiment may remain intact for the leading cryptocurrency. According to data from TradingView, Bitcoin dipped to $24,901 Monday before recovering to close the day at $25,162. Crypto traders say this dip likely triggered buying interest around $25,000, which then spurred a price…
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Bitcoin recently experienced a huge influx of new addresses being created on its network even as its price continued to decline, according to data analyzed by crypto market expert Ali Martinez. Martinez found that over 717,000 new Bitcoin addresses were generated on September 9, marking the largest single-day surge in new wallet addresses for the…
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BTC三TH saw impressive gains of nearly 700% today after its highly anticipated crypto listing. The meme coin advanced to an intraday high of $0.00005066 before profit-taking pulled it back down. Now finding support near the 50 EMA on the 5-minute chart, BTC三TH is stabilizing between key levels as bulls hope for a continuation of the…
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There’s been a noticeable divergence between Bitcoin and the stock market in recent months, which could presage an economic recession, according to Bloomberg strategist Mike McGlone. He pointed out that after months of outperforming the Nasdaq 100 index, Bitcoin dropped 15% in the third quarter, while the Nasdaq went up by 2%. In light of…
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Bitcoin exchange inflows have reached one-month highs according to data from Glassnode, signaling increasing selling pressure as the price of Bitcoin has fallen below $26,000. The one-day moving average of bitcoin’s exchange net flow reached $9.75 million on August 16, marking the highest level seen in the past month. Glassnode also reported that the amount…
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Bitcoin has managed to remount its 200-day exponential moving average after a period of decline since reaching its year-to-date peak in July. According to some analysts, holding this support level will indicate the cryptocurrency may have bottomed out from its drop over the summer. While Bitcoin battles to sustain its long-term dynamic support, what are…
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Bitcoin’s price rose to nearly $28,143 on Tuesday following a positive legal ruling for digital asset manager Grayscale. However, analysts remain cautious about the sustainability of the rally amid low spot market volumes…. Read More: Biggest Crypto Gainers Today on DEXTools – BEPE, EMERSO, XPEPE Read more »Sign up for e-EUR – the progressive stablecoin
