Bitcoin Giant Stirs After 10-Year Nap

Bitcoin Whale Moves 1,000 BTC A massive chunk of Bitcoin that had been sitting idle for over a decade has suddenly been moved by a “whale” investor. Age-Old Coins on the Move The “Spent Output Age Bands” (SOAB) indicator tracks the movement of Bitcoin coins based on how long they’ve been dormant. The 10+ years…

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Bitcoin’s Path in 2024: What to Expect

Halving and Its Impact Bitcoin’s price has historically followed a pattern centered around the halving event, which occurs every four years. During halving, the reward for miners is cut in half, reducing the supply of new Bitcoin. This has led to price surges in the past. After the 2012 halving, Bitcoin’s price jumped from $12…

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Memecoins and AI: Top Crypto Plays for This Market Cycle

A popular crypto trader predicts that memecoins and a specific crypto subsector will lead the market this cycle. Memecoins: The Next Altcoin Rally Analyst The Flow Horse believes that traders who profited from memecoins will reinvest their gains into other crypto assets, sparking another altcoin rally. Artificial Intelligence: A Bullish Subsector In addition to memecoins,…

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Bitcoin’s Market Value Hits a New Peak

Bitcoin’s market value has reached an all-time high of over $1.3 trillion. This is a significant milestone for the cryptocurrency, which has been on a steady upward trend in recent months. Market Cap Sets New Record The market cap of Bitcoin, which represents the total value of all Bitcoin in circulation, has surpassed its previous…

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Bitcoin Expected to Hit New Record High

Strong Fundamentals Driving Growth Bitcoin surged over $18,000 in February, and the momentum continues in March. Analyst Markus Thielen believes Bitcoin is poised for another all-time high this week. Institutional buying remains strong in the US and other countries, including Korea. Demand for altcoins and meme coins is also increasing. Anticipated launch of Bitcoin ETFs…

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Bitcoin Surges as Whales Gather

Whale Population Growth Bitcoin has surpassed $67,000 as data shows a growing number of whales on the network. Whales, or entities holding at least 1,000 BTC, have been accumulating. This suggests increased buying activity in the market. Correlation with Price Analysts have observed a correlation between the number of whales and Bitcoin’s price. As the…

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