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Bitcoin News
Bitcoinist
2w
352
Image Credit: Bitcoinist
Bitcoin Traders’ Realized Losses Reach FTX Crash Levels — What’s Happening?
- Bitcoin short-term holders have been selling their assets at a loss at a rate not seen since the FTX collapse.
- Realized losses of Bitcoin traders have reached levels last seen in the FTX crash and are higher than the losses recorded during the 2024 price pullback.
- Historically, significant loss realization by short-term holders preceded substantial upward price movements, especially when long-term holders continue to accumulate.
- The price of Bitcoin stands at around $83,700 with no significant change in the past 24 hours.
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Newsbtc
2w
12
Image Credit: Newsbtc
Ethereum Slips Below Triangle—Is A $1,600 Crash Next?
- Ethereum's price is predicted to sink to $1,600 as it struggles below $2,000.
- A breakdown from a symmetrical triangle pattern suggests further downward price action.
- ETH market dominance chart shows a descending triangle pattern, indicating bearish momentum.
- On-chain data reveals a negative outlook with declining active addresses and reduced fees burned.
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Cryptopotato
2w
55
Image Credit: Cryptopotato
Pi Network’s Price Skyrockets by 40% Daily as Bitcoin Maintains $83K (Weekend Watch)
- Bitcoin's price slipped to $82,400 but recovered to sit above $83,000.
- Altcoins, aside from PI, have maintained a sluggish performance.
- Bitcoin experienced a volatile week of trading, with various factors impacting its price.
- PI Network's price has recovered by more than 50% and currently sits at around $0.65.
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Newsbtc
2w
51
Image Credit: Newsbtc
XRP High Stakes Setup: Analyst Warns Of Sharp Move To $17 Or $0.65
- Renowned analyst Egrag Crypto issues a dual price forecast for XRP based on the Ascending Broadening Wedge pattern.
- The pattern signals increasing volatility and offers a 70% chance of a downside breakout and a 30% probability of an upside breakout.
- XRP must close above $3.50 to confirm upward momentum, potentially reaching the $5 range.
- Failure to close above $5 could lead to a breakdown, with a potential downside target of around $0.65.
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TronWeekly
2w
335
Image Credit: TronWeekly
Quantum Computing Threats Prompt Bitcoin Developer to Introduce Security Proposal
- Bitcoin developers propose quantum-resistant wallet migration to protect against quantum computing threats.
- Agustin Cruz introduces a hard fork in the form of Quantum-Resistant Address Migration Protocol (QRAMP).
- QRAMP aims to move bitcoins to quantum-resistant wallets to safeguard the blockchain.
- Controversy arises as the proposal may affect Bitcoin's circulating supply and faces challenges in implementation.
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Coindoo
2w
425
Image Credit: Coindoo
Trade Policies Could Boost Bitcoin Adoption – Here’s Why
- Trade policies involving trade conflicts and tariffs are expected to drive more investors towards Bitcoin.
- Economist Ray Dalio suggests that tariffs can lead to stagflation on a global scale, increasing the appeal of Bitcoin as a safe asset.
- Trade tensions and the potential for a US recession by 2025 make Bitcoin's potential as a hedge against currency devaluation more relevant.
- Bitcoin's resilience during periods of financial turmoil could solidify its position as a reliable hedge in the evolving economic environment.
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Bitcoinist
2w
242
Image Credit: Bitcoinist
Bitcoin’s Downward Pressure Continues, But The Drop Presents An Ideal Buy Signal
- Bitcoin recently experienced a sharp dip but has found support at $81,254.
- This support level has raised speculation of a potential rebound.
- Key resistance areas will determine Bitcoin's next direction.
- Technical indicators suggest potential for further gains.
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Newsbtc
2w
21
Image Credit: Newsbtc
Bitcoin ‘Sales Pressure’ Building Up — What This Means
- Bitcoin's sales pressure is building up, according to crypto analyst Axel Adler Jr.
- The Bitcoin Sales Pressure model tracks when long-term holders may start selling off their assets.
- The current indicators suggest an increased risk of genuine sales pressure after 800 days.
- Despite global trade war concerns, Bitcoin has remained relatively strong due to institutional buying and neutral sentiment in the futures market.
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Livebitcoinnews
2w
73
Image Credit: Livebitcoinnews
5 Best Cryptos to Buy Today: How Troller Cat Makes Its Presence Felt Amid GOHOME, Would, and Doginme’s Strong Show
- Troller Cat is standing out among meme coins with a strong ecosystem focused on community, gaming, and tokenomics, setting it apart from tokens like GOHOME, Would, Doginme, and Banana For Scale.
- Troller Cat ($TCAT) offers a Play-to-Earn Game Center, potential high staking rewards, and active community engagement, making it a promising project in the meme coin space.
- GOHOME lacks depth despite its viral appeal, with no sustainable use case or tokenomics for long-term growth.
- Would, known for its philosophical meme approach, lacks a clear ecosystem and utility to support its novelty.
- Doginme, although popular, lacks innovation and staking options, limiting its long-term potential in 2025.
- Banana For Scale, famous for its humor, lacks substance with no staking features or unique tokenomics, focusing solely on memes rather than investor value.
- Troller Cat emerges as the top choice among meme coin contenders due to its strategic focus, potential Play-to-Earn Game Center, deflationary token model, and enticing staking rewards.
- With whitelist access open, Troller Cat is positioned to offer real value and investor potential compared to its meme coin competitors.
- For those looking to engage with Troller Cat, accessing the whitelist on trollercat.com may offer a chance to participate in its growth and features.
- Troller Cat is not just another meme coin but a project aiming to provide substance, strategy, and value to investors in the crypto market.
- Investors are advised to conduct their own research before engaging with any cryptocurrency, considering factors beyond viral appeal.
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Coindoo
2w
232
Image Credit: Coindoo
Bitcoin’s Rally Fades: Why CryptoQuant’s CEO Sees a Bearish Future
- CryptoQuant's CEO, Ki Young Ju, believes that Bitcoin's rally is fading and sees a bearish future for the cryptocurrency market.
- His theory is based on the dynamics between Bitcoin's Realized Cap and Market Cap, with Realized Cap reflecting the cost at which each Bitcoin was last moved between wallets.
- Ju argues that the recent rise in Market Cap can be misleading, as it can happen even with minimal buying activity, creating a false sense of bullishness.
- He interprets the divergence between the rising Realized Cap and declining Market Cap as a signal of a sustained bearish trend, highlighting the need for a reduction in selling pressure for a substantial rally.
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Coindoo
2w
86
Image Credit: Coindoo
Controversial Bitcoin Proposal Aims to Burn BTC – Here’s Why
- A draft proposal called Quantum-Resistant Address Migration Protocol (QRAMP) outlines a new approach for handling vulnerable unspent transaction outputs (UTXOs) on the Bitcoin blockchain.
- QRAMP suggests a hard fork to migrate UTXOs to quantum-resistant addresses due to the potential vulnerabilities of the Elliptic Curve Digital Signature Algorithm (ECDSA) against future quantum threats.
- If implemented, users would need to transfer their coins to quantum-resistant wallets before a deadline. Failure to do so would result in the funds becoming unusable.
- The proposal has sparked controversy over concerns about potential challenges faced by users and the potential decrease in the overall supply of BTC.
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Newsbtc
2w
77
Image Credit: Newsbtc
Bitcoin Ditches The Pack: Risk Assets Down, BTC Holds Steady
- Bitcoin maintained its price above $80,000 while US stocks experienced a massive sell-off last week.
- US stock market lost $2.85 trillion, but Bitcoin remained stable, experiencing a 1.3% increase in price.
- Cryptocurrency markets received $5.4 billion in new investments while stocks and gold decreased, challenging the traditional view of Bitcoin as a risky asset during uncertain times.
- Bitcoin's price stability and ongoing institutional purchases suggest increasing confidence in its value as a store of value.
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Bitcoinsensus
2w
43
Image Credit: Bitcoinsensus
Weekly Recap: Major Events That Shaped the Market This Week
- China retaliates against Trump's tariffs by banning U.S. investments, sparking a global trade war
- U.S. stock market loses $3.25 trillion, tech giants and financial institutions hit hard
- Cryptocurrencies remain resilient with Bitcoin above $80,000 and XRP gaining traction
- Federal Reserve Chair acknowledges higher inflation and slower economic growth due to tariffs
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Bitcoinist
2w
51
Image Credit: Bitcoinist
Bitcoin (BTC) To Take Off In June? Analyst Locks Target At $175,000
- According to prominent market analyst Egrag Crypto, Bitcoin (BTC) could remain in correction for the next few months before launching a price rally.
- Egrag Crypto predicts Bitcoin could potentially break out of its recalibration by June, with a target price of $175,000 by September.
- On the other hand, any potential fall below the $69,500-$71,500 support price level could invalidate the bullish setup.
- Recent data indicates a decline in Bitcoin exchange-related activity, suggesting reduced investor interest and network utilization.
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Bitcoinist
2w
245
Image Credit: Bitcoinist
Bitcoin Indicator Signals Momentum Building – Capital Inflows Surge 350% In 2 Weeks
- Bitcoin is facing selling pressure as it struggles to reclaim $90,000 level and faces resistance at $81,000 support zone.
- Capital inflows into the crypto market have surged by 350% over the past two weeks, suggesting renewed investor interest and improving market sentiment.
- Bitcoin market reacts to Trump tariffs and increased capital inflows, as global markets experience volatility and uncertainty.
- Bitcoin is trading at $83,400, with bulls fighting to reclaim key levels and the $85,500 zone becoming crucial for potential recovery and shift in momentum.
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