Long-Term Bitcoin Metrics Reversing – ‘Explosive Phase’ Seen
Bitcoin (BTC) is currently experiencing a notable surge in its value, effectively propelling the entire cryptocurrency market upwards. The recent upswing has
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Reversing
Bitcoin BTC Price Dips Below $27K, Reversing Post-CPI Rally
Ether (ETH), the second-largest cryptocurrency by market capitalization, followed a similar pattern, dropping by 1% in the past 24 hours to change hands at around $1,860. The CryptoX Market Index (CMI), which measures the overall crypto market performance, was down 1% over the past 24 hours. Source
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Latest Ethereum Blocks Suggest Validators Are Reversing Censorship
After OFAC sanctioned Tornado Cash, there was debate over whether validators should include those transactions or not. Ever since then, the Ethereum community has continued to push for a censorship reversal, and the results of those efforts now appear to be paying off thanks, in large part, to the introduction
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Bitcoin Sellers Return, Reversing Earlier Gains
The firm also noticed short-term holders purchasing bitcoin in recent weeks, with an average cost basis of $33,500 to $44,600. Still, for now, buying volume remains low, which means recent bids from short-term holders aren't enough to trigger a sustained upswing in price. Original Source
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Bitcoin Price Showing Hidden Signs of Reversing — Next Target $8.2K
This week Bitcoin (BTC) continued to trade within a tightly defined range and at the time of writing the price is flat. The bulls and bears have been throwing the market back and forth with moments of high volatility on the lower timeframes, all of which are often a
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Bitcoin Fails to Break $7.8K and Now Risks Reversing to New Lows
Whereas Bitcoin (BTC) was hovering at $6,500 earlier this week, it has since rebounded to the resistance zone of $7,800 but failed to break it on the first attempt.Crypto market daily performance. Source: Coin360As the short term trend is still upwards, should traders be cautious about the recent price
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60% Tell Vitalik Buterin ‘No’ to Ethereum Reversing Transactions
Ethereum co-founder Vitalik Buterin has sparked controversy among cryptocurrency users after suggesting developers could reverse transactions. Buterin’s community feedback falls flatIn a Twitter survey on Oct. 26, Buterin quizzed followers about their opinion of reversing chain activity in the event of a major hack of an exchange or similar entity. “Suppose
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