Tuesday, April 23, 2024

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Bitcoin News

Bitcoin Could Be on the Cusp of a Huge Breakout Rally

The MVRV Z-Score indicator for Bitcoin is approaching levels that historically preceded major bull runs. In 2015 and 2019, when this metric dipped below 0.1...

Bitcoin Falls Further, Analyst Predicts More Losses Ahead

Veteran cryptocurrency analyst Benjamin Cowen has cautioned that Bitcoin could continue falling after its recent 15% decline from last month's peak. Cowen believes the latest...

Bitcoin Sinks to $25K While Altcoins Plummet Further

Bitcoin Plummets to $25K as Altcoins See Even Deeper Losses Bitcoin's nosedive continued over the past 24 hours with a flash crash on several exchanges...

Bitcoin Trapped in Descending Channel, Bearish Sentiment Looms

Bitcoin (BTC) and the broader cryptocurrency market are exhibiting some of the lowest volatility levels on record as investors display fatigue and indifference. While...

Factors Aligning for Possible Bitcoin Price Rally: BTC Price Forecasts

Bitcoin has been trading sideways around $29,360 lately. It is up just 1.3% over the last week. However, experts think Bitcoin may soon see...

5 Best Cryptocurrencies to Buy in August 2023

Over the past decade, cryptocurrencies have rapidly grown from a novel concept to a major presence in financial markets. However, one aspect of the...

Bitcoin Price Pulls Back After Hitting $30,000 Milestone

Bitcoin Price Surges Past $30K Before Pulling Back After a period of stagnation, bitcoin's price sprung to life this week with a rally that briefly...

PayPal Issues $27 Million in Tokenized Dollars on Ethereum

Last week, PayPal minted nearly $27 million worth of PYUSD, its new dollar-pegged stablecoin, on the Ethereum blockchain. PYUSD first launched on Ethereum mainnet...

Bitcoin Struggles to Maintain $29K Support Level

Bitcoin is struggling to maintain the $29,000 price level, trading sideways over the past week. The cryptocurrency is currently down 0.2% on the day...

Coinbase’s Declining Trading Volume Sparks Concerns for Crypto Market

Coinbase recently reported a concerning drop in trading volume, sparking worries for the broader crypto market. In its second quarter earnings release last week,...

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