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Bitcoin
December Turns Red For Bitcoin As Market-Wide Sell-Offs Continue
December has turned out to be a red month for bitcoin and other indexes as sell-offs have rocked the crypto space. Bitcoin and altcoins alike have recorded numerous losses tied to investors selling off their holdings and hunkering down for…
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Growth Of Bitcoin ETFs & Other Instruments Doesn’t Support Supply Shock Narrative
Data shows while the Bitcoin supply present on exchanges has been trending down, growth in other investment vehicles like ETFs and WBTC has been making up for this drop.
Bitcoin Exchange Reserves Decline, But ETF And Other Instruments…
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Market Gets Cozy With Bitcoin? Why BTC Is Set For A Short Squeeze
Trading at $48,747 with a 1.1% profit in the past day, Bitcoin remains rangebound. The first crypto by market cap has been unable to break from the $45,500 to $49,500 channel in the last 7-days, but a combination of factors could increase…
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Despite Crackdown, Bitcoin Mining Is Still Alive And Well In China
The bitcoin mining crackdown was one of the major moves by a government that rocked the crypto space. The crackdown saw the mass exodus of bitcoin miners out of the presumed mining capital of the world as the Chinese government ramped up…
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Why The Crypto Downtrend Could End On New Year’s Eve
Is the China ban to blame for the recent Bitcoin sell-offs that brought down the whole crypto market? That is the prevalent theory. As the main exchanges close their operations in mainland China, the citizens have been fearfully selling…
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Bitcoin Leads As Markets Sees Record Outflows. Bear Market Incoming?
Bitcoin and altcoins have not had the best week according to reports coming out of the market. The crypto market as a whole has been enjoying months of continuous inflows following hot on the heels of the recent market rally. It has pushed…
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Open Interest Shows Strong Trend Up
After heavily decreasing during the 4th December crash, the open interest finally seems to be making a return as it gains strong upwards trend.
Bitcoin Open Interest Shows Strong Upwards Movement
As pointed out by a CryptoQuant post, the…
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Two Reasons Why Bitcoin Could Kick Off 2022 On A Rally
Bitcoin has been dancing on critical support over the weekend after it was rejected north of $48,000. The first crypto by market cap has experienced a persistent downwards trend and trades at $45,937 with 1.5% losses in the past day.…
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Bitcoin Whale Address Containing $11 Million Activates After 9-Year Dormancy
Another bitcoin wallet containing millions of dollars worth of BTC has come out of dormancy. As time goes on, more and more of these wallets are being reactivated by their owners who have, for one reason or another, not transacted using…
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Billionaire Ray Dalio Explains Why He Owns Bitcoin And Ethereum
Billionaire Ray Dalio has revealed that he holds bitcoin and ethereum holdings. Various billionaires have also been public about their bitcoin and ethereum holdings. For a lot of these billionaires, the move from cash into cryptocurrencies…
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