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Category: Market Analysis and Predictions

  1. Home
  2. Bobs-News Categories
  3. Archive by category : "Market Analysis and Predictions"
  4. Page 44
Bitcoin Shrugs Off U.S. Dollar Surge as Real-World Asset Network Hits Milestone
  • bob
  • 2023-10-02
  • Cryptocurrency Innovations
  • Cryptocurrency Regulations
  • Market Analysis and Predictions
  • World

Bitcoin Shrugs Off U.S. Dollar Surge as Real-World Asset Network Hits Milestone

Bitcoin (BTC) was aiming for $28,500 at the Oct. 2 Wall Street open as a bullish start to the month continued. Creditcoin, a pioneering platform for real-world asset innovations, has announced the launch of the latest upgrade of its mainnet. This new release upgrades the RWA-focused blockchain consensus to nominated proof-of-stake (NPoS) and aims to […]

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Bitcoin Sharks and Whales Accumulate as Price Breaks Above $28,000
  • bob
  • 2023-10-02
  • Cryptocurrency Market Analysis
  • Investment Insights
  • Market Analysis and Predictions
  • World

Bitcoin Sharks and Whales Accumulate as Price Breaks Above $28,000

Bitcoin has broken the $28,000 mark, and on-chain data shows that key BTC wallets have been accumulating the cryptocurrency since the start of last month. According to data from the on-chain analytics firm Santiment, the large BTC wallets have bought BTC worth about $1.17 billion. The holders are divided into three groups based on the […]

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Bitcoin Surges, Short Sellers Suffer $97 Million in Liquidations
  • bob
  • 2023-10-02
  • Cryptocurrency Market Analysis
  • Cryptocurrency Regulations
  • Market Analysis and Predictions
  • World

Bitcoin Surges, Short Sellers Suffer $97 Million in Liquidations

In the past 24 hours, the crypto market has seen a major shakeup, resulting in $114.92 million in liquidations, mostly in short positions. Major exchanges such as OKX, Binance, and Huobi were the hardest hit. Bitcoin was the main driver of these liquidations, but the tides are turning. After staying below $27,000 for over a […]

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XRP Could Outperform Bitcoin in the Next Bull Run, Analysts Say
  • bob
  • 2023-10-02
  • Cryptocurrency Regulations
  • Market Analysis and Predictions
  • World

XRP Could Outperform Bitcoin in the Next Bull Run, Analysts Say

The cryptocurrency market has seen a surge in prices recently, with Bitcoin (BTC) and XRP – Ripple’s native token – being amongst the biggest gainers. ChatGPT, an AI-powered language model, has weighed in on the question of whether XRP has a chance to outperform BTC during the next bull run.ChatGPT believes that XRP has technical […]

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XRP Reinstated on TaiFu™ 30 Crypto Index, Signaling Market Reengagement
  • bob
  • 2023-10-02
  • Cryptocurrency Market Analysis
  • Cryptocurrency Regulations
  • Market Analysis and Predictions
  • World

XRP Reinstated on TaiFu™ 30 Crypto Index, Signaling Market Reengagement

XRP has been reinstated to the TaiFu™ 30 Crypto Index, with a weighted share of 2.756%. This follows a crucial legal ruling in July, dispelling the SEC’s claim of XRP being a security, and leading to its re-listing on major exchanges. The SEC lawsuit in December 2020 had a cataclysmic effect on XRP, leading to […]

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Crypto Markets Anticipate Federal Reserve Roundtable and SBF Trial
  • bob
  • 2023-10-02
  • Cryptocurrency Market Analysis
  • Macro-economic Trends
  • Market Analysis and Predictions
  • North America

Crypto Markets Anticipate Federal Reserve Roundtable and SBF Trial

As the first week of October begins, the cryptocurrency world is abuzz with events that could have a major impact on the markets. On Monday, October 2, Federal Reserve Chair Jerome Powell and Philadelphia Fed President Patrick Harker will have a round-table discussion that could affect the crypto markets. Later in the week, the high-profile […]

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Cardano Price Breaks Above Key Bearish Trendline, Could Rally in October
  • bob
  • 2023-10-02
  • Asia
  • Cryptocurrency Market Analysis
  • Cryptocurrency Regulations
  • Market Analysis and Predictions

Cardano Price Breaks Above Key Bearish Trendline, Could Rally in October

Cardano (ADA) price is currently trading above $0.260, after finding support near the $0.235 zone. The token has broken above a key bearish trendline with resistance near $0.2560 on the daily chart. The Relative Strength Index (RSI) is also rising and approaching the 70 level with no major sign of overbought conditions.Immediate resistance is near […]

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Unveiling the Genesis of Bitcoin: Satoshi Nakamoto’s Email to Wei Dai
  • bob
  • 2023-10-02
  • Cryptocurrency Innovations
  • Investment Insights
  • Market Analysis and Predictions
  • World

Unveiling the Genesis of Bitcoin: Satoshi Nakamoto’s Email to Wei Dai

The recently revealed email from Satoshi Nakamoto to Wei Dai sheds new light on the birth of Bitcoin, the world’s first cryptocurrency. The email, dated August 22, 2008, reveals the admiration Satoshi had for Dai’s work in the field of digital currencies and his intention to release a comprehensive paper expanding upon Dai’s ideas. This […]

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Bitcoin Analyst Warns Traders: Don’t Miss the Parabolic Move Up
  • bob
  • 2023-10-02
  • Cryptocurrency Market Analysis
  • Investment Insights
  • Market Analysis and Predictions
  • World

Bitcoin Analyst Warns Traders: Don’t Miss the Parabolic Move Up

Crypto analyst Credible Crypto is warning traders that Bitcoin (BTC) may be about to take off without giving them any more good entry points. He believes that the current market structure is different from 2019, when Bitcoin’s rallies were much faster. Credible Crypto suggests that if Bitcoin is in the beginning of a big move […]

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Crypto Market Jumps $32 Billion as ‘Uptober’ Euphoria Takes Hold
  • bob
  • 2023-10-02
  • Asia
  • Cryptocurrency Market Analysis
  • Investment Insights
  • Market Analysis and Predictions

Crypto Market Jumps $32 Billion as ‘Uptober’ Euphoria Takes Hold

The crypto market’s total valuation surged by $32 billion on Oct. 1, triggered by the ‘Uptober’ euphoria. Bitcoin’s price action sought support from the 200-day exponential moving average (200-day EMA) and the 50-day EMA, establishing a 6-week high. Past performance in October — or Uptober — plays in the bulls’ favor, with Bitcoin’s average Uptober […]

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