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Here’s Bitcoin’s Fate If The Strait Of Hormuz Remains Unsettled – Details

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The Bitcoin market has experienced some significant price relief in recent weeks. After a series of intense corrections that forced prices to a local bottom of $60,000 in early February, the premier cryptocurrency presently trades around $71,000, reflecting a 7.19% gain in the past month.  Meanwhile, the global markets have been heavily rocked by heightened […]
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Bitcoin Inflection Point Forms At $70k As Institutional Demand Offsets Whale Sell-Off

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Over the last day, the Bitcoin price has displayed sideways movement, without any apparent intent of a breakout. While this is a typical weekend price action, there has been an interesting update on the underlying dynamics keeping the flagship cryptocurrency grounded around $70,000. Related Reading: DOJ, Europol Freeze $3.5M In Crypto After Dismantling Global Proxy […]
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Former UK Prime Minister Calls Bitcoin A ‘Giant Ponzi Scheme’, Strategy’s Saylor Replies

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Former Prime Minister of the United Kingdom, Boris Johnson, said he has always feared that Bitcoin is a “giant Ponzi scheme,” with the latest stories around the cryptocurrency appearing to prove him right. Former Prime Minister Johnson Calls Pokémon Cards A Better Bet Than BTC  In a March 13 Daily Mail column, former UK Prime […]
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Is Bitcoin Undervalued? MVRV Ratio Mirrors Post-FTX Stress Levels

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Bitcoin is attempting to climb above the $72,000 level as the market searches for direction following weeks of volatile and largely sideways price action. While buyers have recently pushed the asset higher, the $72K zone continues to act as a key resistance level, limiting upward momentum as traders evaluate both macroeconomic conditions and on-chain signals. […]
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Bitcoin Liquidation Clusters Become Clearer, And Traders Are Leaning Long On BTC

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Bitcoin’s price is holding firm above the $70,000 level despite a bearish market performance, as many cryptocurrency assets experience sideways action. While it seems that the market is being heavily controlled by sellers, bulls are starting to resurface and are leaning toward the long side. A Bitcoin Bullish Bias Toward Long Positions With the shifting […]
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Bitcoin Shark & Whale Wallets Hit 20,031—A New Record

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On-chain data shows the shark and whale population on the Bitcoin network has surged to a new record, indicating continued influx of large entities. Bitcoin Sharks & Whales Are Sitting At A Record Count According to data from on-chain analytics firm Santiment, there are currently a record number of Bitcoin investors holding over 100 tokens. […]
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Ethereum Topples Bitcoin By 3x In Major Metric, But Can Price Still Reclaim $5,000?

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Ethereum is holding a commanding lead over Bitcoin in an interesting adoption indicator, even as its price action continues to face pressure around $2,000 to $2,100. New on-chain data shows that ETH’s network user base has expanded massively over the past decade.  As it stands, Ethereum now has more than three times as many wallets […]