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Bitcoin Price Analysis: BTC Unable to Reclaim $50K as Bearish Indications Loom

Options Market Analysis Bitcoin price is now sub $49,000, about 27% below the ATH ($69k). Options traders set different hedging strategies during the previous weeks to protect against the market…

Continue ReadingBitcoin Price Analysis: BTC Unable to Reclaim $50K as Bearish Indications Loom

Bitcoin Losing $50K, Altcoins Bleed Out, Inflation on the Rise: This Week’s Crypto Recap

There’s no sugarcoating it, the past seven days have been very tough throughout the entire cryptocurrency market, with a few small exceptions. The total capitalization dropped to $2,375 billion, which…

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Markets in Red: BTC Slides to $48K as ETH Nears $4K

Following another unsuccessful attempt to reclaim $50,000, bitcoin retraced once more and even dipped to $47,500. The altcoin space is in the red as well, with ETH close to breaking…

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Cathie Wood Says 5% of Institutional Money Can Increase Bitcoin’s Price by $500K

Speaking to CNBC on Dec. 9, Ark CEO Cathie Wood said that crypto is a diminutive amount of institutional portfolios, and “institutions are moving in” on Bitcoin and its brethren.…

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MicroStrategy Bought 1,434 BTC Worth $82.4 Million at $57.5K

The NASDAQ-listed tech giant, spearheaded by Michael Saylor, continues its BTC buying spree after another substantial purchase worth more than $80 million. Michael Saylor, one of the most prominent bitcoin…

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Mike Novogratz: Ethereum Outperforms Bitcoin Because it’s a Technology Bet

According to Michael Novogratz – the CEO of Galaxy Digital and a prominent advocate of the cryptocurrency industry – Ethereum currently stands as a more attractive investment option than Bitcoin.…

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Bitcoin Below the $50K Mark: Terra (LUNA) Now Top 10 After 11% Spike (Market Watch)

Bitcoin keeps struggling with the $50,000 mark as the asset failed to breach it decisively and remains below it as of now. Most altcoins are also slightly in the red…

Continue ReadingBitcoin Below the $50K Mark: Terra (LUNA) Now Top 10 After 11% Spike (Market Watch)