Cryptocurrency Analysis and News Portal
Bitcoin (BTC) faces a new battleground as bulls and bears fight for control of a sideways market, one popular trader says.In part of his latest X analysis on Aug. 11, Daan Crypto Trades flagged a key level to reclaim as BTC price support."Strongly contested" BTC price zone set for a
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The Solana price exhibited a bullish trend during the recent trading session, pushing it beyond the $24 mark. It surpassed a key
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BTC recorded its highest daily active address count on 2 August. The recent increase in network activity, surge in loss-making transactions, and growing negative sentiment are all indicators of a short-term price rally for Bitcoin. The number of daily active addresses that trade Bitcoin [BTC] has surged in August, reaching a three-month
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Bitcoin (BTC) dipped below $29,000 on Aug. 3 as market concerns over largest global exchange Binance reignited BTC price downside.BTC/USD 1-hour chart. Source: TradingViewBTC price analysis "expects" support retestData from Cointelegraph Markets Pro and TradingView showed BTC price action heading lower before a modest comeback into the Wall Street open.Rumors
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Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied There has been a notable recovery in the crypto market in 2023, with new projects being launched and some tokens gaining popularity among users due to their unique utilities and economic models. An upcoming project, DigiToads, has a
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Bitcoin (BTC) spiked above $30,000 on Aug. 2 as a tour of its trading range saw BTC price volatility return.BTC/USD 1-hour chart. Source: TradingViewBitcoin comes full circle after trip to $30,000Data from Cointelegraph Markets Pro and TradingView followed BTC/USD as buyers staged a brief rally through key resistance.Local highs of
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Bitcoin prices have been stagnant, trading below the psychological $30,000 level. The coin is technically under pressure, declining from its peaks of around $31,800 recorded in early July 2023. Amid this development, on-chain data reveals that the Bitcoin miner reserve has been increasing, notwithstanding prevailing market conditions, bouncing back from May
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"Predictably, the crypto market has become very quiet during these summer weeks. This has caused trading volumes and volatility to fall markedly. Investors might be well advised to replace their bitcoin spot with Bitcoin options, notably upside calls, as lower volatility has made option prices cheaper," Markus Thielen, head of
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Crypto market’s volatility and potential for profit and lossThe crypto market is known for its high volatility, which refers to the rapid and unpredictable price fluctuations of cryptocurrencies. Market sentiment, recent news events, regulation changes, technological advancements, and general market demand and supply are just a few factors contributing to
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COMP, THE native token of Compound Finance, has seen its market price rise significantly on Wednesday, emerging as the top gainer of the day. According to data from CoinMarketCap, COMP is up by 13.24% in the last 24 hours as the bulls increase their control of the market. Initially, COMP began
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