Bitcoin’s price may be poised for a significant increase, with a potential gain of 60%, according to trader Mikybull Crypto. The trader highlights a promising chart pattern on the BTC/USD weekly chart, specifically an inverse head-and-shoulders formation. This pattern suggests a bullish outlook for the cryptocurrency and could lead to Continue Reading
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BITCOIN
Bitcoin’s Price Analysis: A Potential 60% Gain in Sight
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BITCOIN
Bitcoin Network Experiences Delay in Block Production
In an unexpected turn of events, the Bitcoin network encountered a delay in block production, resulting in a pause of approximately one and a half hours. The interruption, which lasted for more than 90 minutes, raised concerns among cryptocurrency enthusiasts and traders worldwide. Volatility According to reports, the delay began Continue Reading
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BITCOIN
Bitcoin Bullish Momentum and Future Growth
Bitcoin’s price gained momentum, indicating positive signs for the cryptocurrency. On June 3, Bitcoin witnessed a surge, increasing the odds for a much-anticipated price level of $30,000. This development has sparked excitement among traders and investors who have been eagerly waiting for a potential upswing in Bitcoin’s value. TC Ends Continue Reading
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Altcoin
Ripple XRP Price Significant Gain Signals Bullish Momentum
Ripple’s XRP price, which has gained substantial momentum despite the overall downtrend in the market. bullish trend Ripple Price Analysis The XRP price has experienced a significant gain, rising to $0.525, marking a substantial increase of five percent. This bullish momentum has captured the attention of market participants and experts Continue Reading
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Crypto News
86k BTC and 695k ETH Options Set to Expire
Substantial number of Bitcoin (BTC) and Ethereum (ETH) options are set to expire. With the expiry date just around the corner, traders and investors are closely monitoring the market dynamics, looking for potential opportunities and insights. According to recent reports, approximately 86,000 BTC options and 695,000 ETH options are nearing Continue Reading
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Crypto News
Binance to Delist Several Spot Trading Pairs
Binance, one of the leading cryptocurrency exchanges in the world, has revealed that it will be removing and ceasing trading on several spot trading pairs. This decision comes as part of Binance’s ongoing efforts to optimize its trading platform and streamline its offerings. Traders and investors are advised to take Continue Reading
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Crypto News
Bitcoin Price Analysis: Current Trends and Outlook
Bitcoin is currently trading at $27,185, with the Relative Strength Index (RSI) at 36.63, indicating a neutral zone. The Average Directional Index (ADX) stands at 25.62, suggesting a strong trend. Additionally, the Bollinger Bands are contracting, potentially signaling an upcoming breakout. Price TRO RSI Indicates a Neutral Zone The RSI, Continue Reading
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Crypto News
Upbit Resumes KAVA and WAVES Deposit Services
South Korea’s leading cryptocurrency exchange, Upbit, recently made an important announcement regarding the resumption of deposit services for KAVA and WAVES. This development comes after South Korean exchanges collectively removed their investment warnings on these two digital assets. Upbit users can now once again engage in deposit activities involving KAVA Continue Reading
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Crypto News
President Biden Takes Firm Stance on Cryptocurrency G7
President Biden’s recent address at the G7 summit shed light on his strong stance regarding cryptocurrency and the need to combat tax evasion. In his speech, he emphasized that he views cryptocurrency as a significant risk to the global financial system and expressed his commitment to cracking down on tax Continue Reading
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Crypto News
OKX Announces Listing of ORDI, the First BRC20 Asset
In a recent announcement, leading cryptocurrency exchange OKX revealed the listing of ORDI, the first BRC20 asset on its platform. triggering a significant surge in the price of ORDI by over 24% within just one hour. With its market value currently standing at $310 million and a growing demand among Continue Reading
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Crypto News
Binance Burning USDT , BUSD and USDC Tokens on BNB Chain
Binance, one of the leading cryptocurrency exchanges, has announced plans to burn a substantial amount of Binance-pegged USDT and USDC tokens on the BNB Chain. This strategic decision aims to strengthen the ecosystem while simultaneously releasing the equivalent amount of these tokens on their respective native networks. Furthermore, Binance is Continue Reading
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Crypto News
OKX and UniSat to Establish Bitcoin BRC-20 Industry Standard
OKX, a leading digital assets trading platform, has announced its collaboration with UniSat to establish the Bitcoin BRC-20 industry standard. This collaboration is expected to be a significant milestone in the development of the cryptocurrency market, which will set a new standard for the industry. OKX has been working on Continue Reading
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BITCOIN
Bitcoin And Ethereum Options Set To Expire
As the expiration date for Bitcoin and Ethereum options approaches, traders are anticipating significant volatility in the market. With a notional value of $770 million for Bitcoin options and $320 million for Ethereum options, traders are keenly monitoring the expiration data and the corresponding price movements. 000 BITCOIN OPTIONS According Continue Reading
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BITCOIN
Binance NFT Marketplace Set to Support Bitcoin Ordinals NFTs
The Binance NFT Marketplace is expanding its multi-chain ecosystem with the addition of Bitcoin Ordinals (Bitcoin NFTs). The integration of Bitcoin technology and culture is expected to offer new opportunities for NFT collectors and traders. The move comes as Binance NFT seeks collaboration with relevant NFT projects focused on Bitcoin Continue Reading
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BITCOIN
Bitcoin Price Prediction: Expert Analysis and Latest Trends
Bitcoin’s price has been fluctuating in recent days, with some analysts predicting a “breakout” that could see the cryptocurrency reach $63,000. However, as of May 8, 2023, Bitcoin and Ether fell slightly, with Bitcoin off 0.34% to $28,787. Despite this, analysts remain bullish on Bitcoin’s long-term prospects, with some citing the U.S. banking crisis Continue Reading
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Crypto News
Bitcoin Price Fluctuates as Experts Predict Future Surge
Bitcoin’s price has been the subject of intense discussion among crypto enthusiasts recently, with the leading cryptocurrency fluctuating between $27,000 and $31,000 in the past month, following a promising start to the year. However, the cryptocurrency saw fresh volatility on May 6, with the BTC price dropping by over $1,000, Continue Reading
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Trading
The Best Cryptocurrency Exchanges for Beginner Investors
Understanding Cryptocurrency Exchanges Before we dive into the best cryptocurrency exchanges for beginner investors, let’s first understand what cryptocurrency exchanges are and how they work. RSI Cryptocurrency exchanges are platforms that enable users to buy, sell, and trade cryptocurrencies such as Bitcoin, Ethereum, and Litecoin. These exchanges provide a platform Continue Reading
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Crypto News
Binance to List Sui (SUI) with Multiple Trading Pairs
Binance, the world’s leading cryptocurrency exchange, has announced the listing of Sui (SUI) with six trading pairs including BTC, USDT, TUSD, BNB, EUR, and TRY. The SUI trading pairs will be open for trading starting from May 3rd, 2023, at 12:15 (UTC). SUI Trading Pairs Include BTC, USDT, TUSD, BNB, Continue Reading