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Plunge to $44K or Surge to $112K: Bearish and Bullish Bitcoin Price Predictions

The past several months were highly volatile for bitcoin, with price movements that took it from under $60,000 to almost $110,000 and a subsequent crash to below $80,000. Although the…

Continue ReadingPlunge to $44K or Surge to $112K: Bearish and Bullish Bitcoin Price Predictions

Bitcoin Futures Open Interest Takes a Hit – Down 35% in 2 Months (Glassnode)

Since bitcoin (BTC) hit its all-time high (ATH) of $109,000 in mid-January, the leading cryptocurrency has plummeted by roughly 30%. This decline has extended beyond the asset’s price to the…

Continue ReadingBitcoin Futures Open Interest Takes a Hit – Down 35% in 2 Months (Glassnode)

Has Bitcoin Really Entered a Bear Market? Analyst Weighs In

Bitcoin’s recent price movement has sparked debate among analysts over whether the original cryptocurrency has entered a bear market. Renowned analyst Ali Martinez recently shared an in-depth analysis assessing Bitcoin’s…

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Bitcoin Whales Are Buying the Dip, Accumulating Over 200K BTC in a Month

Over the past few weeks, bitcoin (BTC), the leading cryptocurrency by market capitalization, experienced a significant price drawback. It dropped from around $99,000 to as low as $77,000. Despite this…

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Strategy Plans to Use Funds from Preferred Stock Offering for Bitcoin Acquisitions

Prominent business intelligence firm and the world’s largest corporate holder of the Bitcoin Strategy has announced plans to bid 5 million shares of its Series A Perpetual Strife Preferred Stock…

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Bitcoin Market is Deleveraging – Here’s What it Means for Investors

The Bitcoin market has been down for two months, with selling pressure from investors keeping prices supressed. While this represents a bearish trend for the leading crypto network, there may…

Continue ReadingBitcoin Market is Deleveraging – Here’s What it Means for Investors