Tag Archives: Crypto
Crypto Slide: Bitcoin Drops 5%, Ethereum Sinks Over 8%
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On Tuesday, according to the data from Arkham Intelligence, 30,000 BTC worth of $1.88 billion at current prices was transferred to the world’s largest crypto exchange, Binance. Such significant transfers to an exchange often raise concerns among market participants as there is a potential intention to sell, which can drive prices lower. Consequently, Bitcoin declined […]
Trump’s Resurgence Boosts Bitcoin Amid Election Year
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Bitcoin surged above the $60,000 threshold, reaching a nearly two-week high, influenced by several factors including political events and regulatory concerns. A failed assassination attempt on former President Donald Trump increased his odds of retaking the White House in November, according to market predictions. Trump, who has emerged as the pro-crypto candidate leading up to […]
Focus on BITCOIN today – 10th July 2024
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In this comprehensive analysis, Ultima Markets brings you an insightful breakdown of the BITCOIN for July 10, 2024. Key Takeaways Technical Analysis Daily Chart Insights 1-Hour Chart Insights Pivot Indicator Conclusion To navigate the complex world of trading successfully, it’s imperative to stay informed and make data-driven decisions. Ultima Markets remains dedicated to providing you […]
Bitcoin Retreats Amid Upward Pressure and Negative News
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Bitcoin’s value has decreased by approximately 3%, hovering near the crucial $60,000 mark. The situation marks the third instance in two weeks where the support level has been tested. Market analysts attribute the decline primarily to the anticipated commencement of Mt. Gox creditor repayments. Mt. Gox, a defunct Bitcoin exchange, is poised to distribute over […]
Ark Invest Made Big Moves as Crypto Markets Revived
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Ark Invest Bold Strategies in the Crypto Market As the cryptocurrency markets experience a revival, major players like Coinbase are hitting record highs. In this dynamic landscape, ARK Invest, a prominent asset manager, has made noteworthy decisions that diverge from the market trend. Coinbase’s Soaring Stock Amid Crypto Resurgence Coinbase (COIN.US), the leading U.S. cryptocurrency […]
Is The Cryptocurrency Bull Run Finally Coming?
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Cryptocurrency Bull Run: An In-Depth Analysis Since the well-known cryptocurrency exchange FTX collapsed, the cryptocurrency market has witnessed twists and turns. First of all, after the FTX collapse, the prices of mainstream cryptocurrencies such as Bitcoin and Ethereum have plummeted. But then, good news such as cryptocurrency ETFs and Bitcoin’s upcoming halving reignited the market, […]