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Bitcoin correlation with gold drops, highlighting risk-on nature remains

Key Takeaways Bitcoin’s correlation with gold is currently at its lowest level since FTX collapsed in November Our Head of Research writes that while one day Bitcoin may become a store of value, the numbers say it currently trades like an extreme risk-on asset Bitcoin lost 76% of its value amid the pullback in risk […] The post Bitcoin correlation with gold drops, highlighting risk-on nature remains appeared first on CoinJournal. дальше »

2023-6-29 17:30


BTC hits $31k as SEC approves first leveraged Futures Bitcoin ETF

Bitcoin rose to above $31,450 on Friday, its highest level since June 2022. BTC price spiked to the year-high level after the SEC allowed the Volatility Shares 2x Bitcoin Strategy ETF, or BITX. This is the first leveraged Bitcoin Futures ETF in the US and comes after this week’s BlackRock-fueled bullish sentiment for the crypto […] The post BTC hits $31k as SEC approves first leveraged Futures Bitcoin ETF appeared first on CoinJournal. дальше »

2023-6-23 22:09


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Bitcoin Holders Lock $537M In Profits, 2nd Highest Level In 2023

On-chain data shows the Bitcoin investors have locked in profits amounting to $537 million following the latest rally in the asset’s price. Bitcoin Entity-Adjusted Realized Profit Has Shot Up Recently According to data from the on-chain analytics firm Glassnode, BTC investors have just participated in the second-largest profit-taking event of the year. The relevant indicator […] дальше »

2023-6-23 00:00


Dogecoin Price Jumps By 23% – Meme Coin Hype Back In Full Swing?

Dogecoin (DOGE) has recently experienced a rollercoaster ride. For over a week, its price struggled to break through the $0. 063 resistance level, leaving investors uncertain about its future.   However, there is a glimmer of hope as DOGE has managed to rebound from the support trendline of a channel pattern, sparking renewed interest and increasing accumulation pressure among investors. дальше »

2023-6-22 10:03