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Kerrisdale Capital's Bitcoin Bet Signals an Impending Bullish Surge

Kerrisdale Capital’s Bitcoin Bet Signals an Impending Bullish Surge

Kerrisdale Capital’s bet on Bitcoin signals an impending bullish surge. Kerrisdale Capital’s recent strategic shift involves significantly increasing its investment in BTC while simultaneously taking a bearish stance on MicroStrategy shares. This decision stems from Kerrisdale’s assessment that MicroStrategy’s stock is overvalued, primarily due to its substantial Bitcoin holdings BREAKING🚨: MicroStrategy Slumps 14% After Short […]

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Unlocking the Potential of SRC-20 Tokens on Bitcoin

Unlocking the Potential of SRC-20 Tokens on Bitcoin

Bitcoin, the world’s first and most prominent cryptocurrency, was initially designed as a decentralized digital currency and store of value. However, its underlying blockchain technology has evolved to offer more than just financial transactions. One of the latest developments in this space is the introduction of SRC-20 tokens, which have garnered significant attention from developers, […]

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Assessing the Safer Investment Option Between Bitcoin ETFs and the Actual Bitcoin

Assessing the Safer Investment Option Between Bitcoin ETFs and the Actual Bitcoin

Bitcoin, initially conceived as a peer-to-peer decentralized financial network, has evolved into a store of value (SOV) to safeguard capital against inflation. With a market capitalization of approximately $1.3 trillion, Bitcoin stands as the most valuable cryptocurrency, pioneering the use of blockchain technology. Bitcoin ETFs offer investors direct exposure to BTC within a regulated framework. […]

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Tim Draper: Bitcoin’s Value Against the Dollar Will Reach Infinity—0K BTC Is Just the Beginning

Bitcoin Witnesses Historic Withdrawals as ETFs Trigger Bullish Sentiment

Bitcoin, the leading cryptocurrency, has experienced a monumental shift in recent weeks, with nearly $10 billion in Bitcoin withdrawn from exchanges since the introduction of spot exchange-traded funds (ETFs) in the United States. This development signifies a significant change in the landscape of cryptocurrency trading and ownership. Cointelegraph reports that over 136,000 BTC have been […]

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Bitcoin (BTCUSD) Rebounds from Confluence Zone

Bitcoin (BTCUSD) Rebounds from Confluence Zone

BTCUSD Rebounds From the $64,000 Confluence BTCUSD rebounds impressively from a key confluence point, reigniting its rally. Following a notable price surge earlier this year that led to the breaking of its all-time high, the coin encountered resistance at $73,840, prompting a price retracement of over 15%. However, the market found support at $60,675, where […]

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LSE Ready to Accept Bitcoin ETN Listing Applications

LSE Ready to Accept Bitcoin ETN Listing Applications

The London Stock Exchange (LSE) has disclosed its readiness to accept applications for listing cryptocurrency products, including Bitcoin and Ethereum Exchange Traded Note (ETN) products, paving the way for trading to begin as early as the second quarter of this year. BREAKING: Breaking: LSE Confirms Readiness To Accept Bitcoin ETN Listing Applications#Bitcoin #BTC $BTC — […]

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Bitcoin (BTCUSD) remains volatile despite current correction BTCUSD remains in a correction phase with much volatility BTCUSD continues to navigate a correction phase characterized by significant volatility. Having reached an all-time high of ,840 on March 14th, the cryptocurrency encountered resistance at this level, initiating a corrective movement that retraced to the previous all-time high and subsequently declined further. Notably, the ,000 price level has been a focal point of heightened volatility as the market seeks to establish stability. BTCUSD Key Levels Supply Levels: ,000, ,000 Demand Levels: ,000, ,000 https://www.tradingview.com/x/r5w2dkKS/ While the Bitcoin market undergoes a correction following its recent surge, it concurrently experiences elevated levels of volatility, reflecting the rapid fluctuations in price during this period. Investors are eagerly anticipating a stabilization phase that would enable buyers to regroup and regain momentum. Crypto signals from the Average True Range (ATR) indicator on the daily timeframe highlight the current heightened volatility levels, persisting despite the ongoing correction phase that has lasted for over a week. Conversely, the Elders Force Index (EFI) illustrates the impact of the correction phase, with a drop below ,000 resulting in a negative value, followed by an upward reversal as the price recovers above this critical level. https://www.tradingview.com/x/zEHFVsmr/ Market Expectations On the 4-hour chart, the price descended within a channel to ,675 before correcting upwards to break out of the channel, pushing the EFI line above the equilibrium. The current price is positioned at a confluence of the channel's upper border and the ,000 level, potentially offering crucial support for bulls to initiate an upward rally. However, the ATR indicator suggests that volatility remains high, adding an additional layer of complexity to the market's current dynamics.

Bitcoin (BTCUSD) Remains Volatile Despite Recent Correction

BTCUSD Remains in a Correction Phase with Much Volatility BTCUSD continues to navigate a correction phase characterized by significant volatility. Having reached an all-time high of $73,840 on March 14th, the cryptocurrency encountered resistance at this level, initiating a corrective movement that retraced to the previous all-time high and subsequently declined further. Notably, the $64,000 […]

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Bitcoin (BTCUSD) is Poised for a Period of Consolidation

BTCUSD is Poised to Consolidate Below $69,000 Bitcoin (BTCUSD) is currently poised for consolidation beneath the significant threshold of $69,000. This follows a remarkable period of price escalation that commenced early last year. The upsurge reached its zenith in February of this year and extended into March. Bitcoin surpassed previous highs during this bullish surge, […]

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Layer-2 Blockchains: Scaling Solutions for Ethereum

Unveiling Layer-2 Blockchain Solutions: An Investor’s Guide

In the intricate realm of blockchain technology, the notion of a singular system belies a nuanced architecture comprised of layered solutions. These layers, while pivotal, often serve as makeshift remedies for underlying scalability challenges. Here, we delve into the essence of Layer-2s and their implications for investors seeking to navigate the complex blockchain landscape. Understanding […]

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