This week’s roundup highlights Argentina’s efforts to protect cryptocurrency scam victims, Bancolombia’s integration of the Solana and Arbitrum networks, along with other key stories. Bancolombia’s Wenia Expands with Solana and Arbitrum Integration Bancolombia’s crypto platform, Wenia, has expanded its offerings by integrating the Solana and Arbitrum networks, allowing users to …
bull market
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Announced in a September 13 post on X (formerly Twitter), the $6 million fund is backed by venture capital firm a16z and NFT marketplace OpenSea. Coinbase Creates NFT Legal Defense Fund as SEC Crackdown Intensifies The initiative comes in response to increasing regulatory scrutiny, including a Wells notice issued to …
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As a result, investors are questioning whether cryptocurrency still serves as a hedge against inflation compared to traditional assets. This on-chain analysis explores in detail whether BTC will continue to lag behind or if its status as a safe haven remains intact. Bitcoin Falls Behind Gold, Others Bitcoin’s price is …
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Bitcoin has recently seen a 2.28% rise, climbing from a local low of $55,629 to $58,401. This recovery follows a sharp decline to $52,732, raising questions about whether Bitcoin will experience a sustained rally or face another dip. The situation is becoming more intriguing as data from the Coinbase Premium …
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After six months of sideways chop, multiple on-chain indicators say Bitcoin may finally be prepared for an epic price breakout, analysts say. These predictions would line up with separate forecasts of an upcoming bull market based on seasonal factors, with Bitcoin soon to transition from one of its worst-to-best months …
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The current market condition has raised speculation among market participants about the short-term price trajectory of the asset class. Slowing crypto adoption and a tough macro environment have caused traders to wonder if this is the start of a bear market or just a quiet phase in this bull cycle. …
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The survey highlights a resilient commitment from investors in the US, UK, France, and Singapore. Retail Crypto Investors Are Not Selling In the US, 21% of adults reported owning cryptocurrency, mirroring figures from the previous year. Similarly, 18% of U.K. residents maintained their digital asset holdings. In France, crypto ownership …
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BTC’s cumulative volume in the first eight months amounts to $2.87 trillion. It’s a sign of increased market participation due to crypto and macro-specific uncertainty. The bitcoin (BTC) market reached unprecedented activity in the first eight months of 2024, surpassing the record notional trading volume seen during the bull market …
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Bitcoin’s Recent Higher Low Signals Possible Trend Shift, Analysts Cautiously Optimistic
by Martin Youngby Martin YoungA higher low happens in a down-trending market when the last dip is not as deep as the previous one. This could be a sign of trend reversal as selling pressure wanes. The last dip saw BTC prices plunge to a low of $53,300, which was not as deep as …
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The Crypto market has been experiencing a lot of bearish sentiment lately, with prices having fallen since the highs experienced earlier in 2024. This has led to some concern among Crypto holders, while those trading derivatives like Contracts for Difference (CFDs) or Crypto Futures have had the opportunity to benefit …