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Recent Bitcoin buyers show unyielding optimism, pushing cost basis upward despite price surges

Quick Take Utilizing data from Glassnode to estimate a market-wide cost basis reveals intriguing trends in the average price at which coins are withdrawn from exchanges. The information, segregated into cohorts, uncovers an upward trajectory on a cost basis, indicating a trend of purchasing Bitcoin at incrementally higher prices. дальше »

2024-3-24 22:13


Bitcoin Crash Triggered By Failed $1 Billion Hedge Fund Spread Trade: Expert

The Bitcoin price has crashed from over $72,000 yesterday to as low as $65,500. As reported earlier today, there are several obvious reasons for this, such as the liquidation of extensive long positions on the red-hot futures market, expectations of a “higher for longer” policy by the US Federal Reserve as a result of hotter than expected inflation data and a relatively weak inflow day for the spot ETFs yesterday. дальше »

2024-3-16 15:50


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Bitcoin volatility becoming more focused at start of Wall Street trading week

Bitcoin prices appear to have exhibited an intriguing pattern of higher volatility on Tuesdays and Wednesdays since the launch of Bitcoin ETFs on January 11, 2024, per CryptoSlate analysis. While prices have tended to rise on Mondays, Tuesdays, and Wednesdays, there have been wilder intraday swings, with several V-shaped recoveries. дальше »

2024-3-14 16:24


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CleanSpark stock: technicals suggest it could rip higher from here

CleanSpark Inc (NASDAQ: CLSK) has close to tripled already since its year-to-date low in January but technicals suggest the stock could push further up from here. Technical indicators that suggest buying $CLSK Shares of the Bitcoin miner may extend gains as its Stochastic Oscillator pulled out of the oversold zone on Monday. Such a move […] дальше »

2024-3-12 17:51


Fantom (FTM) Sees Significant Uptick in Whale Transactions and Market Sentiment Which Could Continue to Surge Price Higher

One project that has been making waves lately is Fantom (FTM), a decentralized smart contract platform designed for fast and secure transactions. Fantom’s native token, FTM, has seen a remarkable surge in its price, with a staggering 60% increase over the past week and an impressive 110% gain in the last month alone. дальше »

2024-3-9 21:30