Category: Blockchain News

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On-chain Metric Flashes First Bitcoin Buy Signal Since 2019 – Here is What You Need to Know

According to crypto data analytics firm CryptoQuant, an on-chain metric is giving off a definitive Bitcoin buy signal for the first time since 2019. CryptoQuant’s Profit and Loss (PnL) Index, an index constructed from three on-chain indicators relating to the profitability of the Bitcoin market, recently crossed back above its 365-Day Simple Moving Average (SMA) after a prolonged spell below it….
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Investors Pile Back Into Bitcoin As Bulls Bet Bottom Is In – Where Could BTC Price Go Headed Next?

Digital asset investment products saw their largest inflows since July 2022, according to the latest weekly fund flows report from crypto intelligence firm CoinShares. $117 million in capital entered the crypto investment product space, with Bitcoin dominating and accounting for $116 million of the inflows….
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Bitcoin Price Prediction as BTC Blasts Past $23,500 Resistance, Here’s Where BTC is Headed Next

Bitcoin has recently surged past the $23,500 resistance level and is now headed for new highs. With the price of Bitcoin continuing to rise, many investors are wondering where it will go next. In this article, we will explore some of the factors that could affect its price in the near future and make predictions on where it could be headed….
Read More: Bitcoin Price Prediction as BTC Blasts Past $23,500 Resistance, Here’s Where BTC is Headed Next