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Showing posts with the label btc

Bitcoin May Be The Biggest Crypto, But Is This The Best?

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Bitcoin ( BTC ) has long been the most recognizable and dominant player in the cryptocurrency world. BTC started it all and has consistently maintained its position as the gold standard. As the crypto universe expands, new competitors emerge, each with a unique proposition. Among these rising stars is InQubeta (QUBE), an AI-powered cryptocurrency that reve­rberates with possibility and innovation. But can InQubeta truly reign supreme as the best in the crypto space? InQubeta has revolutionized the cryptocurrency industry with innovative­ Features , such as its deflationary mode­l. Its NFT marketplace has gained re­cognition among influential figures searching for ne­w DeFi crypto to inve­st in for substantial returns. Many crypto analysts are forecasting that InQube­ta will lead the next bull run due­ to its aim of bridging the gap between AI startups and investors. This article explores Bitcoin’s dominance and why InQubet...

Bitcoin Price Could Explode 10x To $310K Per BTC But There’s A Twist – On-Chain Analyst Willy Woo

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Is Bitcoin Price Close To A Breakout? The largest cryptocurrency is trading at $30,760 toward the end of the Asian session on Monday. Since the recovery started in the wake of June’s drop beneath $25,000, Bitcoin price has generally sustained its position above $30,000. advertisement However, it has become increasingly difficult to push steady price movements above $31,000, let alone the upper resistance range around $32,000. Despite the snarl-up across the board, analysts believe Bitcoin price is in a position that may allow it to rally, closing the distance to $38,000 as opposed to sliding to $25,000. BTC/USD daily chart | Tradingview A buy signal from the Moving Average Convergence Divergence (MACD) indicator reinforces the bullish grip on BTC. Recommended Articles Crypto Presale Projects For 2023 To Invest; Updated List Must Read ...

Dormant Bitcoin in Wallets Reaches All-Time High: Report

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According to crypto Analysis firm Glassnode, dormant Bitcoin (BTC) held in wallets continues to increase. BTC held for more than a year, also touched new highs. Glassnode indicated increased BTC holding in all bands, especially in the last two years. Source: Glassnode With 14.46 million BTC, the supply of long-term holders, or BTC held for more than 155 days, has surpassed its previous record. These coins were purchased right after the FTX collapse and have reached LTH status, according to Glassnode. Additionally, since December 2020, the “Bitcoin liveliness metric,” which measures holding and spending behavior, has declined to its lowest point. This highlighted that holding is currently the market’s trending activity. Moreover, Glassnode is not the only one to throw light on BTC not being moved. According to Unchained, 68.13% of Bitcoin hasn’t moved in over a year. The increased holding is a testament to the confidence investors have in regard to the original crypto. I...