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Crypto analyst Ali Martinez reports that the crypto market has witnessed an unprecedented surge in capital inflow, reaching a staggering $110 billion in just the past 30 days. Whale Activity Martinez highlights significant whale activity, with large investors accumulating massive amounts of Dogecoin (DOGE) over the past two weeks, totaling around $280 million. Bitcoin Technical…
Bitwise CIO Matt Hougan claims that investors with a collective wealth of $100 trillion are beginning to invest in Bitcoin and cryptocurrencies. Bitcoin Bull Market According to Hougan, Bitcoin is experiencing a “raging” bull market, and the recent launch of spot Bitcoin ETFs has made it accessible to institutional investors. Inflows Surge The Bitcoin ETFs…
Bitcoin had a rough start to the week with a sudden drop that sent its price below $69,000. While it’s recovered a bit since then, the damage is done. Thousands of Traders Liquidated The crash triggered a wave of liquidations, where traders lost their leveraged positions. Over 81,000 traders were flushed out, losing a whopping…
Breakout Process Analyst Rekt Capital believes Bitcoin has broken out of a weekly range that could lead to a surge. This range was defined by the 2021 candle peak and the 2021 upside wick. The first step in the breakout process was for Bitcoin to close above the range high of $69,200. This has occurred,…
Regulatory Crackdown Hong Kong’s crypto landscape is facing a shake-up. HKVAEX, a local exchange, is closing down due to increased regulatory scrutiny. The exchange launched in December 2022 but will shut down by May 1st, 2024. HKVAEX was linked to Binance, but the exchange denied any formal affiliation. Despite this, the closure comes amid a…
Long-Term Holders (LTHs) Selling Despite the recent bullish market, long-term Bitcoin holders (LTHs) have been selling. LTHs are investors who have held their coins for over 155 days. Net Position Change The “net position change” metric tracks the net amount of BTC entering or leaving LTH wallets. A negative value indicates that coins are leaving…
The Dogecoin community is excited for DOGE Day on April 20th. This day celebrates the popular meme coin, which started as a joke but has made a mark in the crypto world. What’s DOGE Day? DOGE Day is a time to show off Dogecoin’s unique spirit. The community embraces its goofy nature and often shares…
Spot Bitcoin ETFs: A Game-Changer Spot bitcoin exchange-traded funds (ETFs) made a splash when they launched in 2024. They brought in over $12 billion in just three months, making them a major player in the crypto market. Initial Surge and Optimism ETFs made it easy for everyday investors to get into bitcoin. They offered a…
A popular crypto analyst known as Bluntz has shared his predictions for three digital assets: Solana (SOL), Jupiter (JUP), and Dogecoin (DOGE). Solana (SOL) Bluntz believes SOL is poised for a surge, having completed an ABC corrective wave against Bitcoin (SOL/BTC). He anticipates a rise to 0.00365 BTC ($254). Jupiter (JUP) The Solana-based decentralized exchange…
Crypto analyst Jason Pizzino predicts that Ethereum (ETH) and altcoins may soon outpace Bitcoin (BTC). Altcoin Rally on the Horizon Pizzino believes the altcoin market is poised for a surge, with the ETH/BTC pair leading the charge. He draws parallels to the previous Bitcoin cycle peak in 2021, where altcoins saw significant gains after a…
