Crypto analyst Altcoin Sherpa recently made waves in the crypto community when he suggested that the Bitcoin bottom is not yet in. He mentioned in a post on social media that Bitcoin could potentially drop to $40,000, rather than the $50,000 mark that others have suggested. This could result in more volatility, liquidations, and overall
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The recent crypto market crash, triggered by the decline in Bitcoin, has had a significant impact on altcoins like Cardano. While many investors may see this as a cause for concern, others view it as an opportunity to acquire Cardano at a discounted price. Crypto analyst Alan Santana is among those who believe that the
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Bitcoin whales have been making significant moves in the cryptocurrency market over the past month, with over 404,448 BTC being transferred to permanent holder addresses. This substantial accumulation, valued at approximately $22.8 billion, has caught the attention of industry experts. CryptoQuant founder and CEO Ki Young Ju expressed his belief that there is something significant
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Ronaldo, a seasoned crypto enthusiast, has spent over five years immersing himself in the world of cryptocurrencies. His journey began out of sheer curiosity, evolving into a deep passion for understanding the intricate workings of this revolutionary technology. Expertise in Technical Analysis One of Ronaldo’s areas of expertise lies in technical analysis. He firmly believes
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The meme coin Shiba Inu experienced a notable surge of 20% on August 6, leading the way for the overall meme coin niche. This surge comes on the heels of a market capitalization rise above $40 billion, showcasing significant gains not only for Shiba Inu but also for other meme coins such as Dogecoin, Pepe,
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Bitcoin exchange-traded funds (ETFs) in the United States experienced a significant increase in daily trading volume on August 5, surpassing $5 billion. This surge in volume, the first since mid-April, was largely driven by BlackRock’s IBIT ETF, which accounted for nearly $3 billion in trades. Fidelity’s FBTC and Grayscale’s GBTC also saw high trading volumes,
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Binance CEO Richard Teng recently shared that the exchange experienced record inflows and one of its highest trading volumes for the year. In a statement, Teng mentioned that amidst the macroeconomic climate and a market downturn, Binance recorded a net inflow of $1.2 billion in just 24 hours. This data was sourced from DefiLlama’s CEX
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