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Despite a downturn, Bitcoin leads as NFT weekly sales drop by 9% to $145m
May 19, 2024In the past week, the non-fungible token (NFT) market took a slight hit, with sales totaling $145 million, down by over 9% from the previous week. This decline is part…
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A Study Uncovers Crypto Trends in the USA
A comprehensive analysis of the crypto trends in the USA was recently conducted, revealing the most sought-after cryptocurrencies in the country. The experts at Bombastic.com delved into Google Search data…
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Solana Memecoins WIF and BOME Experience Decrease in Value Despite Market Growth
May 17, 2024The current crypto market is experiencing strong price movements, resulting in notable gains for top tokens. Bitcoin (BTC) remains steady above $66K, indicating a positive outlook for these tokens in…
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Bitcoin remains strong, edging closer to all-time high compared to other cryptocurrencies.
Despite bitcoin maintaining its value above $66,000 on Friday, it is important to note that the leading cryptocurrency is still down 9% from its all-time high (ATH). This highlights the…
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Bitcoin Traders Anticipate Prices Reaching $74K Highs as Selling Pressure Relaxes
May 16, 2024Bitcoin’s price potential keeps climbing, with predictions now reaching as high as $74,000 in the near future. This surge is being driven by a combination of softer U.S. inflation numbers…
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Cryptocurrency Rally Boosted by Soft Inflation Data as Bitcoin Surges to $66K
May 15, 2024BTC reached a new high since April 24th, following a surge in Solana’s SOL and NEAR tokens, leading the cryptocurrency gains. According to Swissblock, Bitcoin may be eyeing the $84,000…
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CEO of Galaxy Digital Offers Insights on Future Market Trends
May 14, 2024Mike Novogratz, the CEO and founder of Galaxy Digital, provided valuable insights into the current state of the cryptocurrency market. He noted that as the adoption of cryptocurrencies in traditional…
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Should You Buy or Sell Bitcoin? Insights from Quant on Leading Metric
A quantitative analyst in the crypto industry has provided insights on a potential leading indicator for Bitcoin price movements. According to the analyst, monitoring the trend of the Bitcoin Coinbase…
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Bitcoin Price Could Hit $55,000 as New Whales Enter Market While Short-Term Holders Sell Off BTC
May 12, 2024This past week, Bitcoin experienced notable price fluctuations, with movements centered around the crucial $60,000 mark. Over the weekend, the price of BTC saw a 1.3% increase, with strong demand…
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Bitcoin Plunges 20% Since March, But Glassnode Analysts Remain Extremely Optimistic: Discover Why
May 11, 2024Bitcoin recently experienced a significant correction, dropping over 20% from its all-time high of around $74,000, marking its deepest decline since the FTX crash in November 2022. Despite this, Glassnode…