Bitcoin and large-cap altcoins are meeting strong overhead resistance, which could be a signal that bears are attempting to stall the next upward move.
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Bitcoin and large-cap altcoins are meeting strong overhead resistance, which could be a signal that bears are attempting to stall the next upward move.
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The supersonic price rally in the StarLink crypto market appeared as Space launched 53 Starlink orbit satellites into space on Saturday.
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Some analysts point to Binance’s pause on DOGE withdrawals as the catalyst for the altcoin’s pullback, but data suggests overheated derivatives markets may have been a factor.
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Bearish pressures mount against Bitcoin price and this could lead to sharp short-term pullbacks in the prices of many altcoins.
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Bitcoin’s new all-time high at $69,000 and Ether’s slow climb toward $5,000 are clear signals that bulls are in control and a hint that altcoins intend to follow.
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The Dogecoin-funded payload appears to be on track for launch in the first quarter of 2022 on board SpaceX’s Falcon 9.
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Bitcoin and Ethereum are taking full control of the market and technical analysis shows altcoins intend to keep pace with the top 2 cryptocurrencies.
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Memecoins and dog-themed tokens are gaining more popularity and traction as the long-term upside seems very limited amid the flooded market.
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Bitcoin and Ether closed October on a strong note, increasing the possibility that the rally will pick up pace in November.
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For the next three weeks, BK customers can enjoy a side of BTC, ETH or DOGE with their Whopper, thanks to a partnership with Robinhood.
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