Bitcoin and Ethereum had led the market in the recent price decline. It has led to a lot of profit-taking on the part of investors that want to avoid incurring more losses in the long term. Nevertheless, investors remain undeterred as they continue to accumulate coins. The result of this has been intense outflows for…
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After a boost on Tuesday, following the release of U.S. inflation data, bitcoin prices were once again lower on Wednesday. BTC has mainly traded below $40,000 during the session, with ETH continuing to hover above the $3,000 level. Bitcoin Following a slight rebound in price during yesterday’s session, BTC fell below $40,000 earlier today, and…
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XRP risks plunging to $0.50 in April as it breaks out of a classic bearish continuation structure. Ripple’s XRP took a break from its prevailing downtrend as its price rebounded from $0.68 to $0.72 in the last three days. Ripple scores vs. SEC Traders returned to buying XRP after a U.S. court denied the U.S.…
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On April 13, Terra’s Luna Foundation Guard (LFG) acquired 2,508.94 bitcoin worth close to $100 million at the time of settlement. The purchase follows the 4,130 bitcoin LFG scooped up three days ago, and LFG’s wallet is now just over 495 bitcoin away from surpassing Tesla’s bitcoin treasury stash. Luna Foundation Adds More Bitcoin to…
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Bitcoin price attempted a recovery wave above the USD 40,500 level. However, BTC struggled to gain strength for a clear move. It is currently (11:51 UTC) trading near USD 39,900 and remains at risk of more downsides below USD 39,500. Similarly, most major altcoins are struggling to start a steady recovery. ETH failed near…
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Bitcoin price retested the USD 39,200 support zone. BTC remained supported and climbed above USD 40,000. It is currently (04:28 UTC) consolidating losses below USD 40,100 and facing many hurdles on the upside near USD 41,200. BTC is up less than 1% in a day. Besides, most major altcoins are also moving higher. ETH…
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Bitcoin and ETH both fell below key price levels on Tuesday, as crypto bears continued to push prices lower. Despite this, both have now regained these levels following news that U.S. inflation rose to a record 8.5% year-over-year. Overall, cryptocurrency markets were down 1% as of writing. Bitcoin BTC dropped below its key level of…
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During the first quarter of 2022, Bitcoin’s hashrate averaged between 180 to 200 exahash per second (EH/s) and during the course of that time, 13,233 block rewards were found by 16 mining pools. According to three-month statistics, Foundry USA was the network’s top mining pool in terms of hashrate percentage, as the bitcoin mining operation…
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Bitcoin price traded below USD 39,500, but the bulls were active near USD 39,200. BTC is currently (11:45 UTC) correcting losses near USD 40,400, with many hurdles near USD 41,000. The price is still down 2% in a day. Similarly, most major altcoins are attempting an upside correction. ETH tested USD 2,950 and recovered…
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Bitcoin price struggled to start a decent recovery wave above USD 42,500 and traded below USD 40,000. It is currently (04:08 UTC) trying to recover near USD 39,700 after testing almost USD 39,400. Similarly, most major altcoins are gaining bearish momentum. ETH traded below the key USD 3,000 support zone. XRP is gaining pace…
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