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Following the approval of spot Bitcoin exchange-traded funds, the crypto market witnessed a shocking downturn after FTX unloaded a staggering $1 billion value of Grayscale Bitcoin Belief (GBTC) This unprecedented sell-off, primarily attributed to FTX’s chapter property, now raises…
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Bitcoin NewsNews
Bitcoin worth sell-off continues, however knowledge highlights want for wholesome correction
by Jeremyby JeremyOn-chain knowledge reveals Bitcoin worth “over-extended”Bitcoin dropped as a lot as falling to $40,300 on Coinbase, triggering a dialog amongst Julio Moreno, head of analysis at on-chain analytics agency Cryptoquant mentioned that the worth of the flagship cryptocurrency…
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Bitcoin NewsNews
‘Purchase the rumor, promote the information’ — Bitcoin ETF might spark TradFi sell-off
by Jeremyby JeremyIn a thread on X (previously Twitter) on 28, Joshua Lim, head of derivatives at capital market agency Genesis Buying and selling, predicted a unstable begin to 2024 for BTC worth ETF approval: Retail could also be left…
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Altcoin NewsNews
Bitcoin selloff by short-term holders spikes amid market fears, knowledge exhibits excessive quantity of losses in 2023
by Jeremyby JeremyWhat’s CryptoSlate Alpha?A web3 membership designed to empower you with cutting-edge insights and Be taught extra ›Linked to AlphaWelcome! 👋 You’re linked to CryptoSlate To handle your pockets connection, click on the button will need to lock…