According to Bitwise CEO, Matt Hougan, the outlook for Bitcoin is bullish, with a multi-year bull market on the horizon. This optimistic forecast stems from the growing interest shown by institutional investors, who are increasingly recognizing the potential of the cryptocurrency. Despite the regulatory scrutiny faced by the crypto market, Continue Reading
Prices
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BITCOIN
Bitcoin’s Multi-Year Bull Market Predicted by Bitwise CEO
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BITCOIN
Understanding Spot ETFs and Their Impact on Bitcoin Prices
Spot ETFs, also known as exchange-traded funds, are investment vehicles that track the price movements of underlying assets in real-time, providing investors with exposure to the performance of those assets. In the context of the cryptocurrency market, the emergence of spot ETFs has the potential to significantly impact the price Continue Reading
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Crypto News
GMX On-Chain Derivatives Records Massive Liquidation
On June 14, GMX, a platform known for its on-chain derivatives trading, witnessed an unprecedented amount of liquidation. As a result, GMX Trader, a leading participant in the derivatives market, suffered a monumental net loss of $8.67 million in a single day. This staggering figure not only caught the attention Continue Reading
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Crypto LEARN
How to Survive the Crypto Bear Market?
In the volatile world of #cryptocurrencies, experiencing a bear market is an inevitable part of the journey. A bear market refers to a prolonged period of declining prices and pessimistic market sentiment. It can be challenging for crypto investors, especially those who are new to the space, to navigate through Continue Reading
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Crypto News
JPMorgan Research Signals a Bitcoin Boom Ahead of Halving
In a recent research report, JPMorgan, a leading financial institution, has highlighted the projected retail demand for Bitcoin (BTC) in the coming year leading up to the next halving event. This event, expected to double the production cost of Bitcoin to approximately $40,000, is anticipated to have a positive psychological Continue Reading
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Crypto News
Terra Classic (LUNC) Price Surge: LUNC Bullrun Starts
Cryptocurrency markets are known for their volatility, and Terra Classic (LUNC) is the latest coin to experience a significant surge in value. As the original chain of the collapsed Terra (LUNA) ecosystem, LUNC has caught the attention of investors and crypto enthusiasts alike. Introduction to Terra Classic (LUNC) Terra Classic Continue Reading
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BITCOIN
JPMorgan Predicts Bitcoin’s Potential Surge to $45,000
According to JPMorgan analysts, Bitcoin is expected to reach a potential price of $45,000, drawing comparisons to the surging gold prices. While the outlook is optimistic, the bank remains cautious due to potential factors that could impact the market. In recent developments, the value of gold held by private investors Continue Reading
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Crypto News
Major Asset Inflows to Exchanges Reach Cyclical Low
In recent reports, Glassnode, a leading blockchain data and intelligence provider, has highlighted a concerning trend in the cryptocurrency market. The influx of major assets into exchanges has reached a cyclical low of $1.65 billion, marking the lowest value since the primary Bull Market began. Tokens This decline in asset Continue Reading
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Crypto News
Understanding the Bearish Crypto Market Condition Analysis
The current state of the crypto market has been marked by a bearish trend. With the total market capitalization of all cryptocurrencies standing above $1 trillion and Bitcoin falling below $27,000, investors and enthusiasts are closely monitoring the market’s dynamics Understanding the Bearish Crypto Market The crypto market has experienced Continue Reading
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Crypto News
$TURBOS and $SUIA Projects Witness Price Plunge
Within the Sui Network, two prominent ecological projects, TURBOS and SUIA, have faced a significant drop in their token prices. This sudden decline has raised concerns among investors and exchanges. who suspect that the official addresses associated with these projects may have sold their tokens during the listing phase, as Continue Reading
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Memecoin
Memecoins: A Bubble Waiting to Burst?
Cryptocurrency enthusiasts have seen the rise of memecoins in recent months. These coins have been known to bring in large sums of money to some investors. However, memecoins are also very volatile, and their prices can plummet as quickly as they soar. With the rise of new memecoins, it can Continue Reading
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Crypto News
Crypto Regulation: What You Need to Know
The cryptocurrency market is growing rapidly, and with it, the need for regulation. Governments around the world are grappling with how to best regulate this new asset class, and there is no one-size-fits-all approach. Some countries, such as China, have banned cryptocurrencies altogether. Others, such as Japan, have taken a Continue Reading
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Crypto News
Coinbase Reports Narrowed Q1 Loss and Decreased Revenue
In recent news, Coinbase, the leading cryptocurrency exchange platform, reported a narrower first-quarter loss compared to the previous year. The San Francisco-based company announced that its Q1 loss was about $79 million, a significant improvement from the $430 million loss incurred in the same period last year. Exchange Revenue for Continue Reading