Tag: COIN:SUIUSD
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Analysts Sound Alarm on Fourth BTC Halving, Kraken Wallet Launch, and More Crypto News
Bitcoin approaches its fourth halving with market impact expectations Bitcoin (COIN:BTCUSD) is two days away from its fourth halving, an event that occurs every four years and will halve the block mining reward from 6.25 to 3.125 BTC. Historically, such events have been followed by significant increases in Bitcoin’s price. However, caution is advised this…
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Crypto: Tether Records Historic Profit, Co-founder of Ripple’s Accounts Breached, and More
Bitcoin stabilizes after bear resistance Bitcoin (COIN:BTCUSD) has plateaued after bears blocked its growth, keeping the price at $43,578 with a 1.44% increase in the last 24 hours. Analyst Ali Martinez sees this level as a buying opportunity, especially after the MVRV index fell below the 90-day average, indicating potential recovery. On the other hand,…
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Crypto: GBTC Outflows Boost ETF Alternatives, Trump’s Stance Against CBDCs, and More
Opposing trends: Cryptocurrency decline and dollar rise after Bitcoin ETFs The recent approval of Bitcoin ETFs has generated a surge in trading volume in the cryptocurrency market. However, an unexpected premium on spot Bitcoin points to an unusual market. The price of Bitcoin, undergoing an ongoing correction, has been exacerbated by growing risk aversion among…
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Crypto This Thursday: Tesla Holds BTC in 3Q, Coinbase Picks Ireland as European Hub, and More
Bitcoin breaks above $28,500 ahead of Powell speech On October 19, Bitcoin (COIN:BTCUSD) displayed a 1.45% increase, reaching $28,734, as investors eagerly awaited a crucial speech from Federal Reserve Chairman Jerome Powell. Uncertainty surrounding US economic policy and high 10-year bond yields kept investors on alert. BTC volatility has persisted, driven by optimistic outlooks, amid speculation that…
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Crypto This Thursday: Bruce Lee into the Metaverse, Optimism trumps Arbitrum, and more
Bitcoin and Ether futures contracts on CME draw record participation from major traders In the second quarter, regulated bitcoin ( COIN:BTCUSD ) and ether ( COIN:ETHUSD ) futures on the Chicago Mercantile Exchange (CME) saw record participation from large traders. The average of large open interest holders for Bitcoin futures was 107, while for Ether it was 62. Institutional interest…