ETF

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Ethereum Faces Resistance Amidst Market Gains: Justin Sun’s Activity And ETF Launch Awaited

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Despite a 2.5% gain today, Ethereum is grappling with formidable resistance levels, particularly in the range of $3,170 to $3,270. This resistance zone is significant, as it is backed by 1.63 million addresses holding a collective 4.45 million ETH.  #Ethereum encounters strong resistance between $3,170 and $3,270, with 1.63 million addresses holding 4.45 million $ETH. … Read more

Bitcoin Sees Upsurge To $67,000 Amidst Whales’ Accumulation

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Bitcoin experienced a notable upsurge in the past 24 hours, reaching a high of $67,000, buoyed by strong support from key whale tier holders with holdings ranging from 1,000 to 10,000 BTC.  🐳 #Bitcoin’s key whale tier holding 1K-10K $BTC are supporting this rise, and have now accumulated 266K more $BTC since the start of … Read more

Market Sentiment Sours Despite ETF Approval: Bitcoin Holders Stand Firm

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Trader optimism soared following the approval of spot Bitcoin and Ethereum ETFs in Hong Kong. However, the initial reaction was less than stellar, with Bitcoin experiencing a -6% drop in value. 🇭🇰 Trader optimism is high after #HongKong approved spot #Bitcoin & #Ethereum #ETF’s today. Unsurprisingly, though, the initial market impact has been negative, with $BTC … Read more

Bitcoin Realized Profit/Loss Ratio Drops Below 1 As Whales Stay On Sidelines Despite ETF Approvals

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The Bitcoin Realized Profit/Loss Ratio has dipped below 1, signaling that investors are currently experiencing more losses than profits. This trend, observed over the past six months, historically suggests a potential local bottom for Bitcoin ($BTC). The #Bitcoin Realized Profit/Loss Ratio has fallen below 1, suggesting that investors are currently realizing more losses than profits. … Read more

Bitcoin Rebounds To $70K Despite Negative CPI Report

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Bitcoin has surged back to the $70K mark, marking a significant rebound, even amidst a negative US Consumer Price Index (CPI) report indicating a 3.5% inflation rise in March.  This unexpected inflation increase initially led to a drop in equities markets, but the crypto markets displayed resilience, recovering well after Bitcoin briefly dipped to $67.5K … Read more

Bitcoin Surges Above $72.6K Amid Halving Anticipation

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Bitcoin’s price witnessed a significant surge in the early hours of the week, surpassing the $72.6K mark for the first time since March 14th. This surge brings the leading cryptocurrency tantalizingly close to its previous all-time high, with the crowd attributing much of this rise to the imminent halving event. With the highly anticipated halving … Read more

Options Market Sees Unusual Activity Amidst Bitcoin’s Decline

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As Bitcoin prices continued to slide, the options market presented a peculiar scenario with a notable absence of put options being traded.  According to data from Greekslive, the majority of trades yesterday were calls, indicating a bullish sentiment prevailing in the market. The situation was particularly striking in the Ethereum options market, where call option … Read more

Crypto Market Faces Retracement As Bitcoin Dips To $66.4K

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The cryptocurrency market has witnessed a notable retracement as Bitcoin dropped to $66.4K, leading to further declines in altcoin market caps.  Despite this concerning trend, there remains a strong sense of confidence among investors, with many anticipating a swift rebound. 📉 #Bitcoin has seen a drop to $66.4K, and #altcoins have shed much more of … Read more

Bitcoin Market Observers Remain Cautious As Price Movement Slows

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As the bitcoin market continues to exhibit signs of consolidation following a dynamic start to the year, industry observers are closely monitoring key indicators to gauge the cryptocurrency’s future trajectory. Despite hovering near its all-time highs, bitcoin has struggled to maintain crucial support levels in recent trading sessions. Renowned analyst Ali Martinez recently highlighted a … Read more