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Ethereum is the latest market obsession, a cryptocurrency that has steadily been rising on the market’s radar. The token has been garnering immense traction lately, as investors are witnessing a new trend emerging on the cryptocurrency radar. This new trend involves Bitcoin being dumped for ETH, as whales continue to show support for Ethereum. This latest Ethereum news has sparked a new wave of change, compelling investors to investigate why this trend is gaining momentum all of a sudden. Also Read: $11 Billion Ethereum Inflows Are Pushing Shiba Inu’s Price Up Whales Are Buying ETH: Why? Source: Pixabay In a new, surprising move, one BTC whale has sold nearly $435,000,000 worth of BTC, sparking a new downward spiral for the token. This new Ethereum news has spurred major market dialogue, with investors wondering about why BTC dumping is now reporting a credible surge in metrics. This whale has also purchased $433,000,000 worth of Ethereum after selling its BTC, showing a new rotat...

Bitcoin is currently sitting at a new price mark of $113. The token had recently breached a new high of $ 123 K. The mass liquidations, however, stabilized Bitcoin’s price, compelling Bitcoin to decline. Despite BTC trading at $113K, the market momentum remains strong and is projected to continue a moderate bull sentiment, helping the token flourish in the long term. Here’s when Bitcoin can be at the top of its game this year, delivering major gains in the process. Also Read: Bernstein Says Bitcoin To Hit $200000, Predicts Extended Bull Run Bitcoin Price Forecast: Expert’s Opinion Source: Watcher.Guru Bitcoin has been noting significant highs and lows this month. The token is now on the verge of a breakout, as per a recent price prediction made by Anonymous on X. Anonymous is a leading cryptocurrency expert on X who has recently put up a post on when Bitcoin can truly peak, marking the top of its bull market. Anonymous had made these predictions in May 2022, predicting approximate...

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An analyst known for attaining the “Master Trader” rank on the crypto exchange Bybit believes that rallies are in sight for Solana (SOL). Pseudonymous analyst Bluntz tells his 321,400 followers on the social media platform X that he’s now bullish on the native asset of the layer-1 protocol after moving above a diagonal resistance that has kept SOL bearish since late May. The trader thinks that Solana and other coins operating on its network will witness rallies this week, at the very least. “Nice downtrend break on SOL overnight, I think we’re in for a good week [this] week. SOL ecosystem [coins] also starting to perk up and look real good again. I think we’re back, baby.” Source: Bluntz/X At time of writing, SOL is worth $152. One Solana coin that’s on the trader’s radar is the non-fungible token (NFT) project Pudgy Penguins (PENGU). According to the analyst, PENGU looks primed to surge after breaking out f...

The first few months of the year have certainly been a mixed bag for the cryptocurrency sector. Volatility has been the prevailing theme, with few assets being able to make good on 2024 expectations. However, that may be set to change for Bitcoin, as the leading crypto may have a surge to $135k forming. The asset had increased notably in early May, regaining the six-figure mark it first broke through late last year. It has only built upon that this week, continuing its 24% jump over the last 30 days and breaking through $104,000, according to CoinMarketCap. That could be setting the stage for an unprecedented surge to meet the token. Source: Watcher Guru Also Read: JPMorgan CEO Jamie Dimon Says “I am Not a Fan of Bitcoin” Bitcoin May Be Preparing for Record-Setting Surge in 2025 In what was a game-changing announcement this week. JPMorgan Bank unveiled that it will now allow clients to buy Bitcoin. Although CEO Jamie Dimon is no fan of the asset, its rise to prominence is un...

It has been a concerning few weeks for a host of global markets. A brewing trade war and increased global tariffs from the US have threatened a host of industries, with the cryptocurrency market potentially poised to take the brunt of it. Indeed, Bitcoin has been predicted to crash to levels of $40,000 as China continues to dump BTC. The ongoing geopolitical tensions have threatened the leading cryptocurrency amid recent action taken by the country. Indeed, it would take the 2025 performance from bad to worse for the asset, as it has failed to break through the $85,000 mark for much of the last month. Source: AP Photo/Mark Schiefelbein Also Read: Ex-SEC Chair Gary Gensler Says Bitcoin Will Last; Most Altcoins Won’t Bitcoin Crash Incoming? Why Experts Say China Could Drive Price to $40,000 The last several weeks have seen tensions rise between the US and China. Although US President Donald Trump has reiterated his confidence that the two sides will get a deal done, experts aren’t s...

The last four times Michael Saylor announced a corporate bitcoin (BTC) purchase at Strategy, his stock price declined. In previous years, the market has generally reacted positively to his tweets. Although the company’s average cost basis per bitcoin is $66,357 — still well below current prices — Strategy (formerly MicroStrategy) has lost money on each of the company’s last 13 purchases. Depending on how one prefers to calculate the price of Strategy stock (MSTR) as of its November 11 announcement that coincided with a major price gap, it’s certainly true that it’s also lower than all 13 of its latest bitcoin purchases. Saylor’s last four BTC acquisition tweets sent MSTR lower over the following days. As bitcoin paused and then retraced the run-up to Donald Trump’s January inauguration, MSTR shareholders have benefited less and less from the company’s increasing BTC cost basis. MSTR trades lower on Saylor’s last four purchases Saylo...

Dogecoin is taking the lead among other notable cryptocurrencies, with the token soaring high as BTC trades on a new ATH of $106K. BTC has mellowed a bit in its price process at press time, sitting at $104K. Dogecoin is also sitting at $0.40, up 1% in the last 24 hours. Here’s how high it may surge by December 20, 2024. Also Read: Ripple: How High Will XRP’s Price Be 5 Days From Now? Dogecoin Is Marking Its Own Price Trajectory: Here’s How Source: Bitcoinist Dogecoin is currently leading the meme token race as it continues to trend higher in popularity, banking on the change in the US political regime. The new political regime set to take over the US is renowned for its pro-crypto stance, with Musk gearing up to head the Department of Government Efficiency, or DOGE. The department’s acronym, which is loosely inspired by the DOGE token, has been pivotal to the current Dogecoin price uprising, helping the token surge to new highs. In addition to this, Dogecoin is also rising h...

Author: @Web3_Mario Source: https://mp.weixin.qq.com/s/jfJURj_OhymH12OBN8qIcQ Abstract This article primarily discusses the recent high topic surrounding MicroStrategy. Many industry veterans have commented on the company's operational model. After digesting and thoroughly researching the matter, I have some personal insights that I would like to share. I believe the reason for MicroStrategy's stock price increase lies in the "Davis Double-Play." Through its business design of financing to purchase BTC, MicroStrategy has linked the appreciation of BTC with the company's profitability. Additionally, the innovative design of combining traditional financial market financing channels and leveraging funds has enabled the company to achieve a level of profitability growth that surpasses the gains from its BTC holdings. As the position grows, the company gains certain pricing power over BTC, further reinforcing the expectation of profitability growth. However, the risks ...