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Bitcoin News
Cryptopotato
10h
171
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Bitcoin Price Analysis: Will the $80K Support Level Hold BTC After Recent Rejection?
- Bitcoin's price was rejected this week, indicating insufficient bullish momentum.
- Bitcoin faces a substantial support range at $80K, expected to hold the price in the short term.
- On the daily chart, Bitcoin experienced a rejection after breaking above the 100-day MA, reinforcing bearish sentiment.
- Bitcoin could continue its decline towards $80K, where price action will determine the next significant move.
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Cryptopotato
10h
153
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How Top Crypto Market Cap Alts Have Evolved Over the Last 5 Months
- The market capitalization of top cryptocurrencies has experienced varying degrees of growth over the past 5 months.
- BNB and XRP have seen noticeable growth in market capitalization, with BNB surpassing SOL to re-enter the top 5 cryptocurrencies.
- XRP's market cap increased significantly after the US presidential election, but dropped due to the recent market drawdown.
- BTC has shown positive growth in market cap, while ETH has seen a decline, and SOL has remained relatively stable.
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Coin Telegraph
10h
211
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Bitcoin bottom ‘likely’ at $80K, opening door for TON, CRO, MNT and RENDER to rally
- Bitcoin bulls are attempting a recovery, targeting $65,635 according to trader Peter Brandt.
- A possible recession in 2025 could impact cryptocurrencies amid macroeconomic uncertainty.
- Analyst Stockmoney Lizards predicts Bitcoin's local bottom at $82,000 to $80,000.
- BTC faces resistance near $80,000, with potential to drop to $76,606 if support fails.
- Altcoins like TON, CRO, MNT, and RNDR could rally if Bitcoin initiates a recovery.
- TON price analysis shows bullish sentiment with targets at $4.14, $5, and $5.65.
- CRO is poised for a potential rally towards $0.14 if it breaches resistance at $0.12.
- MNT face resistance at $0.85 with support at $0.77, a break above could push the pair to $1.06.
- RNDR is showing demand at lower levels, targeting $5 and $6.20 if it rebounds off the 20-day EMA.
- Investors should exercise caution and conduct research before making any investment decisions.
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Livebitcoinnews
11h
215
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Marathon Digital to Raise $2 Billion for Bitcoin Acquisition
- Marathon Digital is launching a $2 billion stock offering to expand its Bitcoin holdings.
- 40% of the raised funds will be used for direct Bitcoin acquisitions.
- Marathon aims to strengthen its Bitcoin reserves and maintain operational stability.
- The fundraising campaign demonstrates Marathon's conviction in Bitcoin's future market worth.
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Livebitcoinnews
12h
10
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Bitpanda Expands to UAE with VARA License
- Bitpanda, a popular virtual assets platform in Europe, has obtained a broker-dealer license from the Dubai Virtual Assets Regulatory Authority (VARA) to expand its services in the UAE, providing investors in the region access to over 500 virtual assets.
- Bitpanda has opened an office in Dubai to support its growth and plans further European expansions after establishing operations in the UAE. The company aims to develop a safe and user-friendly investment platform for the region.
- The UAE, with its focus on innovation and strict regulation, presents significant investment opportunities for Bitpanda. The company obtained the VARA license quickly by demonstrating its expertise and commitment to compliance.
- Bitpanda's entry into the UAE aligns with the national goal of becoming a leading global power in cryptocurrency and blockchain technology.
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Bitcoinist
12h
187
Image Credit: Bitcoinist
Dogecoin Weekly RSI Flashes Bullish Signal Towards $1
- Dogecoin experienced a brief recovery, reaching $0.20, but has since dropped to $0.17.
- The weekly RSI indicator suggests a potential rebound and the analyst predicts Dogecoin reaching $1.
- The formation of technical patterns on the weekly candlestick chart indicates the possibility of a powerful rally, as seen in past instances.
- Short-term bullish divergence on the hourly chart indicates a potential relief from the downtrend.
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Bitcoinsensus
12h
278
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Shiba Inu Price Prediction April 2025 – Will a Big Breakout Happen?
- The Shiba Inu price prediction for April 2025 raises the question of whether history will repeat itself or if the hype around SHIB is fading.
- The monthly chart indicates that SHIB has revisited a major demand zone, which could potentially lead to a shift in momentum and a major move in April 2025.
- The weekly chart shows the formation of two equal lows, suggesting a possibility of a dip to grab liquidity before a potential bullish move.
- The daily and H4 charts reveal signs of a bullish market structure, indicating a short-term dip may occur before a breakout.
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Coin Telegraph
12h
354
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Binance debuts centralized exchange to decentralized exchange trades
- Crypto exchange Binance has launched centralized exchange (CEX) to decentralized exchange trades (DEX).
- Users can utilize funds from their Binance wallets to execute DEX trades without the need for asset bridging or manual transfers.
- Supported stablecoins like USDC can be used to acquire tokens on multiple networks including Ethereum, Solana, Base, and BNB Smart Chain.
- The CEX to DEX feature on Binance aims to provide a smoother user experience and reduce complexity in swapping digital assets.
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Bitcoinsensus
14h
61
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UK Freezes ~£6M in Illicit Crypto Proceeds 2024-2025
- UK froze ~£6 million in illicit crypto proceeds last and this year.
- The largest freeze was in March at ~£1.5M.
- The UK introduced new powers for the police and HMRC to freeze illicit crypto assets.
- The assets are frozen for three years by court authorization, with potential limitations even if the person is acquitted.
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Livebitcoinnews
14h
129
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XRP Faces Sharp Decline but Shows Signs of Strong Recovery
- XRP faced a sharp decline of 10.51% but showed signs of a strong recovery with a 5% increase in the past 24 hours.
- XRP must hold the $2 level to avoid further decline.
- Breaking the $3.00 level could indicate a strong uptrend for XRP.
- Despite the recent decline, Ripple's expanding operations and regulatory success contribute to the long-term market recovery of XRP.
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Bitcoinist
14h
284
Image Credit: Bitcoinist
Bitcoin MVRV Ratio Nears Key Signal – Next Major Buying Opportunity Ahead?
- Bitcoin faces intense selling pressure and struggles to hold above critical $80,000 support level.
- Some analysts see a potential buying opportunity when the MVRV Ratio crosses above its 70-day moving average.
- BTC hovers around $82,000 as bulls face crucial test and fight to reclaim key moving averages.
- Failure to hold above $82,000 might lead to a deeper correction and renewed fear among investors.
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Livebitcoinnews
15h
234
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FSCA Warns Public Against Unlicensed Crypto Firms
- South Africa’s Financial Sector Conduct Authority (FSCA) has warned against unlicensed crypto trading firms.
- FSCA flags AfriInvest and MutualWealth for unauthorized trading claims and use of false credentials.
- AfriInvest and MutualWealth lack authorization to offer financial services in South Africa.
- FSCA urges caution and verification of authorization when dealing with any unlicensed cryptocurrency firms.
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14 Likes
Newsbtc
16h
164
Image Credit: Newsbtc
Bitcoin Support Thins Below $78,000 As Cost Basis Clusters Shift Toward $95,000
- Bitcoin's price is approaching the $80,000 level with risks of breaking to the downside.
- On-chain analytics show that support at the $78,000 level is thinning, while support levels between $80,920 and $84,100 have become prominent.
- A cost basis cluster has formed at the $95,000 level, suggesting resistance and the possibility of increased selling activity if prices approach that zone.
- Long-term holders have been the primary source of profit-taking, while short-term traders have endured losses.
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Newsbtc
16h
337
Image Credit: Newsbtc
Hyperliquid Delists $JELLY, Potentially Causing $900K in Losses. Here’s Why Best Wallet Token Can 100x
- Hyperliquid recently delisted the Jelly-my-Jelly ($JELLY) meme coin due to suspicious trading activity, leading to losses of around $900K.
- A large crypto whale made significant trades on $JELLY, resulting in chaos as the price fluctuated drastically.
- Hyperliquid faced criticism for its handling of the situation, with some comparing it to FTX 2.0.
- Amidst the turmoil, Best Wallet Token ($BEST) emerges as a potential investment opportunity poised for growth.
- Best Wallet offers a non-custodial crypto wallet with advanced security features like MPC-CMP wallet technology and third-party insurance.
- The wallet focuses on user privacy, ensuring sole ownership of private keys and offering robust access controls.
- Best Wallet stands out for its user-friendly interface, multi-factor authentication options, and imminent support for over 60 chains.
- Investing in Best Wallet Token ($BEST) provides benefits like lower transaction fees, early access to presales, and staking rewards of 136%.
- The $BEST presale has raised over $11.4M, offering tokens at a price of $0.024525 with potential for future growth.
- While Best Wallet Token shows promise, caution is advised in the volatile crypto market, and thorough research is recommended before investing.
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20 Likes
Coin Telegraph
16h
29
Image Credit: Coin Telegraph
$65K Bitcoin price targets pile up as 'Spoofy the Whale' buys the dip
- Bitcoin (BTC) experienced increased volatility over the weekend, reaching new ten-day lows.
- BTC price gradually recovered after a dip to $81,600, erasing most of the downside.
- The possibility of a new gap in CME Group's Bitcoin futures market has been eyed by traders.
- Concerns have been raised about a large-volume entity named 'Spoofy the Whale' manipulating BTC price action.
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