Thursday, March 28, 2024
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3 Bitcoin price metrics suggest Sept. 9’s 10% pump marked the final cycle bottom

The correlation between Bitcoin (BTC) and stock markets has been unusually high since mid-March, meaning the two asset classes have presented near-identical directional movement. This data might explain why the 10% rally above $21,000 is being dismissed by most traders, especially considering S&P 500 futures gained 4% in two days.

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What are crypto pump and dump groups? Are they legal?

Pump-and-dump operations, which fraudulently manipulate prices by disseminating false information, have existed in economic contexts since at least the 1700s. For instance, con artists with shares in the South Sea Company started making false statements about the business and its revenues in the beginning of the eighteenth century. The plan was

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Bitcoin And Ethereum Pump Above 10% Despite Negative U.S. GDP Report

Summary: Leading cryptocurrency Bitcoin traded higher than $23K on Thursday.The top coin enjoyed a slight rally following Wednesday’s FOMC meeting.America’s Q2 GDP report was also released with the figure at -0.9%.The number signaled a recession per technical definition although authorities opined differently.Crypto coin prices flashed green regardless of the news with

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Bitcoin hodlers will ‘soon see why’ $21.6K BTC price pump is fake — trader

Bitcoin (BTC) spiked to one-week highs on July 17 amid warnings that traders should not trust current BTC price action.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewBinance inflows see multi-week highData from Cryptox Markets Pro and TradingView showed BTC/USD reaching $21,600 on Bitstamp, its best performance since last Sunday. The pair saw a

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Daily Pump & Dump | June 2, 2022 Crypto Market Report: BTC, ETH, ICP

The daily pump & dump is a weekday update on the crypto market providing you with an abbreviated breakdown of price action related to Bitcoin, Ethereum, and other trending altcoins.  Today’s summary: Bitcoin retests $30,000 after a rejection. Why is Ethereum lagging behind the rest of crypto? ICP posts insane intraday rally. Bitcoin Retests $30,000, Can

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Daily Pump & Dump | May 31, 2022 Crypto Market Report

The daily pump & dump is a weekday update on the crypto market providing you with an abbreviated breakdown of price action related to Bitcoin, Ethereum, and other trending altcoins.  Today’s summary: Bitcoin reclaims $30,000 over memorial day weekend How Ethereum could lose its head against BTC What’s going on with Cardano? Bitcoin Makes Memorial Day

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