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At the start of the week, a troy ounce of .999 fine gold was trading at $1,813 per unit. Seven days later, gold rose 9.65% against the U.S. dollar to the current spot price of $1,988 per ounce. Gold’s rise comes at a time when confidence in the global banking
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Bitcoin (BTC) traded around $22,400 at the March 3 Wall Street open as analysts stayed divided over the odds of a recovery.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewHopes for an inverse "Bart Simpson" on BTCData from Cointelegraph Markets Pro and TradingView showed BTC/USD trading flat after a flash crash overnight
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In technical analysis, a flag pattern indicates short-term price movements inside a parallelogram coounter to the previous long-term trend. Traditional analysts view flags as potential trend continuation indicators.There are two types of flag patterns: bull flag and bear flag. While their outcomes are different, each flag exhibits five key characteristics,
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In January 2023, during the World Economic Forum’s (WEF) annual conference in Davos, Switzerland, Jaime Leverton, CEO of Hut 8, a crypto mining entity that trades as a public company, sat down with me for a fireside chat at the Crypto Summit on the Promenade. Leverton outlined some of her
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Gemini’s co-founder believes that the next crypto bull run will come from the East. “It will be a humbling reminder that crypto is a global asset class,” he said. “The West, really the U.S., always only ever had two options: embrace it or be left behind. It can’t be stopped.” Gemini
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According to Winkelovoss, this will be a subtle reminder that crypto is an international asset class and that the West, specifically the US, has two options of either accepting it or being left behind. Cameron Winklevoss, the famous American cryptocurrency investor, made a new statement predicting that the next crypto
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Crypto's next bull run will start in Asia, according to Cameron Winklevoss, an American investor, and co-founder of crypto exchange Gemini.His comments have come amid an increase in enforcement action and looming crackdowns from United States regulators, including the Securities and Exchange Commission (SEC).“My working thesis atm is that the
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There’s been no shortage of news in past weeks when it comes to the United States Securities and Exchange Commission (SEC) taking action against crypto exchanges and companies. From Kraken, to Paxos, to Terraform Labs, it seems enforcement is in the air when it comes to chair Gary Gensler’s organization.
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Bitcoin (BTC) is leaving traders guessing as the future of the bull market depends on the last week of February.In multiple tweets on Feb. 17, popular trader and analyst Rekt Capital flagged crucial resistance battles ongoing on BTC/USD across multiple timeframes.Bitcoin price squares off with bear market downtrendBitcoin hit new
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Analyst, who correctly predicted the late 2020 bull run, said 2023 could be a surprisingly good year for both crypto and equities. Source
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