Monday, November 25, 2024
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Bitcoin data highlights 3 key reasons why investors don’t care about BTC price

Much has been made of Bitcoin’s (BTC) poor price action as of late, with many analysts making the case for further bearish momentum in the weeks ahead.Yet it wasn’t too long ago that many investors and crypto pundits were raving about some note-worthy fundamental metrics that were, and continue to

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Bitcoin short-term holders capitulate as data highlights potential generational buying opportunity

Bitcoin’s price action suggests that the asset remains in a precarious position, and a recent report from ARK Invest says that short-term Bitcoin investors had no choice but to capitulate in August, as the percentage of Bitcoin supply in profit fell by 14 percentage points. Bitcoin market sentiment and monthly valuation change in

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Bitcoin chart highlights $24.7K as analyst says ‘nothing has changed’

Bitcoin (BTC) stayed below $26,000 into the Sep. 3 weekly close as analysis brushed off overly bearish trader sentiment.BTC/USD 1-day chart. Source: TradingViewBTC price weekly close puts $25,900 in focusData from Cryptox Markets Pro and TradingView showed BTC price avoiding volatility over the weekend, operating in a tight $200 range.An

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Bitcoin price rallies to $31.8K, but derivatives data highlights BTC bears’ advantage

This July 14 Bitcoin weekly options expiry holds the potential to be a significant turning point for market sentiment, potentially leading to a breach below the crucial $30,000 support level.Despite the initial bullish surge triggered by the spot Bitcoin exchange-traded fund (ETF) requests, the recent macroeconomic data has not been favorable

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Wimbledon 2023 to feature AI-generated highlights commentary

In an effort to enhance fan engagement, this year’s Wimbledon tennis tournament will incorporate artificial intelligence (AI)-powered commentary and player analysis, enabling fans to access analysis tailored to players they follow.In a June 21 announcement from the All England Lawn Tennis Club (AELTC) and technology company IBM, the world’s oldest tennis tournament

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