Bitcoin
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Cryptocurrency
Binance to Remove WRX, AKRO, and BLZ from Listings
The cryptocurrency market is no stranger to volatility, and today was no exception. The market has witnessed a substantial shake-up, leading to a market cap decline of 2.63%, settling at $3.67 trillion. This turbulence has noticeably affected trader activity, with trading volumes experiencing a slight dip of 1.32%, reaching $203.4 billion. Despite these fluctuations, the Fear & Greed Index remains steadfast at a score of 80, a clear indicator of…
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Cryptocurrency
Binance to Remove WRX, AKRO, and BLZ from Listings
The cryptocurrency landscape today has experienced notable turbulence, leading to a contraction in the overall market capitalization, which decreased by 2.63% to reach $3.67 trillion. This upheaval has notably affected trader activities, with trading volumes also witnessing a decline of 1.32%, settling at $203.4 billion. Despite these fluctuations, the Fear & Greed Index remains steady, consistently signaling a score of 80. This indicates a prevalent sentiment of extreme greed among…
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Cryptocurrency
Is MicroStrategy’s High Pricing Affecting Bitcoin Investors?
MicroStrategy, often perceived as a leveraged Bitcoin play or a synthetic call option, has recently come under scrutiny. Renowned crypto expert Alex Kolicich sheds light on why MSTR might not be the optimal avenue for gaining Bitcoin exposure. Let’s delve into his insights and explore potential alternatives! Prime Misconception About MSTR The current valuation of MicroStrategy (MSTR) stands at $386.42, with the market observing a notable surge of over 10.96%…
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Cryptocurrency
Is MicroStrategy’s High Pricing Affecting Bitcoin Investors?
MicroStrategy has often been viewed as a go-to option for those looking to gain exposure to Bitcoin, frequently described as a leveraged Bitcoin play or a synthetic call option. However, according to crypto expert Alex Kolicich, there are significant reasons to reconsider this perspective. Let’s delve into his insights and explore why MicroStrategy might not be the best option for Bitcoin enthusiasts. Prime Misconception About MicroStrategy (MSTR) The current price…
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Cryptocurrency
Parabolic Surge Ahead—Is $110K the Initial Target?
Bitcoin (BTC) has seen a steady upward trajectory recently, but the momentum that once drove its price hike is showing signs of slowing. As we observe altcoins preparing for potential breakthroughs, Bitcoin’s landscape is characterized by heavy liquidation events. In the past 24 hours alone, over $333 million in long positions have been liquidated, suggesting that the flagship cryptocurrency may enter a consolidation phase. This period of stability could set…
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Cryptocurrency
Parabolic Surge Ahead—Is $110K the Initial Target?
In recent times, Bitcoin (BTC) has shown a steady upward trend, though the momentum has begun to wane as several altcoins indicate potential breakouts on the horizon. The crypto market has witnessed significant liquidations, with long traders facing losses exceeding $333 million in just the past 24 hours. This wave of liquidation suggests that Bitcoin might continue its consolidation phase, potentially setting the stage for renewed bullish trends in the…
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Cryptocurrency
Cryptocurrency Prices on December 18, 2024: Bitcoin Reaches a Record High of $108,000
The Current State of the Crypto Market The cryptocurrency market is experiencing a slight pullback today, with the overall market capitalization declining by 2.81%, currently standing at $3.63 trillion. Intraday trading volumes have also seen a decrease, dropping by 3.50% to $192.27 billion. These figures have raised some eyebrows, especially after Bitcoin’s recent achievement of a new all-time high (ATH) above $108k. Despite the temporary decline, market sentiments remain optimistic…
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Cryptocurrency
Crypto Update for December 18, 2024: Bitcoin Reaches New All-Time High of $108k
Overall Market Performance Today, the cryptocurrency market is witnessing a minor retreat, with the total market capitalization slipping by 2.81% to settle at $3.63 trillion. Intraday trading volumes have also decreased by 3.50%, reaching $192.27 billion. These changes have surprised many, particularly after Bitcoin’s recent achievement of a new all-time high (ATH) exceeding $108,000. Despite the dip, market sentiments remain optimistic, as the Fear & Greed Index continues to indicate…
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Cryptocurrency
Considering Buying Bitcoin? Whales Invest $7.3 Billion in BTC
Bitcoin (BTC), the largest cryptocurrency by market capitalization, is capturing the spotlight once again with its recent stellar performance. As of December 17, 2024, the digital currency is drawing significant attention from crypto enthusiasts and investors. A renowned crypto analyst recently shared on X (formerly Twitter) that cryptocurrency whales have collectively acquired a striking 70,000 BTC, valued at approximately $7.30 billion. Bitcoin Whales’ Growing Interest In an intriguing turn of…
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Cryptocurrency
Considering Buying Bitcoin? Whales Invest $7.3 Billion in BTC
Bitcoin (BTC) continues to reign as the leading cryptocurrency by market capitalization, drawing significant attention from the crypto community due to its remarkable performance in recent times. On December 17, 2024, a well-known cryptocurrency analyst shared on X (formerly Twitter) that influential investors, often referred to as ‘whales’, have acquired a substantial 70,000 BTC, valued at approximately $7.30 billion. Bitcoin Whales’ Rising Interest Over a brief span of 48 hours,…
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