Bitcoin

Despite the Chinese government’s ban on Bitcoin since 2021, Chinese investors have remained resolute in their pursuit of this digital asset. This unwavering interest is highlighted by the recent report from Reuters, which sheds light on the increasing investment flow from Chinese capital into Bitcoin. An Astute Strategy to Evade Regulatory Scrutiny One prime example
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In the midst of the current turbulence in the market, the Bitcoin Fear & Greed Index has been witnessing a steep decline. This decline has led to the index hitting its lowest level in over three months, as crypto investors become increasingly fearful and choose to hold onto their investments rather than participate in the
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Speculation has resurfaced regarding a potential large-scale Bitcoin buy-in by Saudi Arabia and Qatar, two Middle Eastern countries. According to crypto analyst Justin Verrengia, there are indications that an official announcement may be made in the coming week. Verrengia, the host of the popular crypto channel Crypto News Alert, discussed the rumors sparked by crypto
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Cryptocurrency analyst and enthusiast, Chris J Terry, has recently unveiled his insights on the price action of Bitcoin, delivering a pessimistic outlook on the future of the leading cryptocurrency. In a bold move, Terry took to the social media platform X (formerly Twitter) to share his predictions with the cryptocurrency community, anticipating a potential “continuation
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Bitcoin, the pioneering cryptocurrency, has long been a topic of speculation and investment in the financial world. While its volatility has been a subject of concern for some, there are those who have a much more optimistic outlook on Bitcoin’s future. A prominent figure in the crypto trading community, Ash Crypto, predicts that the introduction
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Cryptocurrency intelligence firm ChainArgos recently conducted a detailed analysis that sheds light on concerning allegations surrounding the Polygon team’s involvement in secret sales of MATIC tokens, potentially leading to a suppression of the token’s price. By closely examining the token allocations and subsequent flows to various exchanges, ChainArgos uncovered irregularities that raise questions about the
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In the world of digital currencies, Ethereum has recently staged a remarkable coup, outshining its longtime rival Bitcoin. Over the span of just two weeks, Ethereum has surged by an impressive 14%, capturing the attention of investors and enthusiasts. This surge has propelled Ethereum’s price above a key psychological barrier, as it surpassed $2,600 for
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Prominent analysts in the crypto space have observed signs of a bullish breakout for Ethereum, the second-largest cryptocurrency by market capitalization. According to World Of Charts, Ethereum is currently showing consolidation within a bullish pennant pattern. This technical formation typically suggests a continuation of the upward trend for Ethereum. The analyst predicts that if Ethereum
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The US Securities and Exchange Commission (SEC) is currently evaluating the approval of Spot Bitcoin exchange-traded funds (ETFs). This decision has significant implications for the cryptocurrency market and the future of institutional investment in digital assets. Meanwhile, the Depository Trust and Clearing Corporation (DTCC) has listed the Spot ETF tickers from VanEck and WisdomTree on
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The cryptocurrency market is known for its volatility and ever-changing trends. To navigate this complex space, investors often turn to technical analysis indicators such as the Relative Strength Index (RSI) to gauge the momentum of different assets. Santiment, an analytics firm, has recently shared insights into altcoins that are currently exhibiting bullish and bearish divergences
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Cryptocurrency analyst and advocate Scott Melker recently made bold projections regarding a massive inflow into Bitcoin following the approval of a BTC Spot Exchange-Traded Fund (ETF). However, several crypto analysts have voiced their disagreement and criticized Melker’s inflated projections. Melker suggested that $570 billion could potentially be invested in a Bitcoin ETF, which would represent
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