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Bitcoin has surged back to the $63,000 level, marking a two-week high and suggesting a potential break in the previous downtrend. On-chain analytics platform CryptoQuant has attributed this move to “U.S. whales” increasing their institutional Bitcoin purchases. Analysts have noted a shift in the Coinbase premium gap, indicating a change in trend among U.S. investors
XRP has recently seen a notable price increase, outperforming major cryptocurrencies in the market. This surge in price has sparked the attention of many analysts and traders who are closely monitoring the asset’s performance. The recent rally in the cryptocurrency sector, with a global market capitalization surpassing $2.4 trillion, has set the stage for XRP’s
The recent incident on Blur Marketplace where an investor lost $240,000 worth of NFTs overnight due to a phishing scam serves as a stark reminder of the dangers lurking in the digital asset space. This was not your typical phishing attack involving deceiving emails, but a well-orchestrated technical maneuver that exploited a vulnerability in the
Cryptocurrencies like Bitcoin have become a major factor in the upcoming 2024 presidential election, especially among Republican voters. A recent poll by investment firm Paradigm revealed that a significant portion of Republicans have shifted their views towards Donald Trump due to his newfound support for the crypto industry. This shift in sentiment has positively impacted
Bitcoin (BTC) is facing a critical juncture as market analysts debate whether the cryptocurrency has hit rock bottom or is poised for further decline. One key metric, stablecoin liquidity growth, suggests that BTC may struggle to rally in the near term. The slow growth of Tether (USDT) market cap indicates a lack of fresh liquidity
The recent movement in the Bitcoin price has shown signs of recovery, with the premier cryptocurrency climbing back above $58,000. Renowned crypto analyst Ali Martinez has identified a chart formation that could signal a potential continuation of this resurgence. Martinez’s analysis points to an ascending triangle pattern on the Bitcoin four-hour price chart, indicating a
Semilore Faleti is a prominent cryptocurrency writer who has established himself as an expert in the field of journalism and content creation. With a focus on blockchain technology and digital assets, Semilore’s work reflects his passion for exploring the complexities of the cryptocurrency world. Background and Expertise While initially writing on various topics, Semilore discovered