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Bitcoin Hits $104,000, Yet Investors Hold Steady
Bitcoin hit a new ATH of $104,000, yet negative exchange netflows suggest investors are holding rather than selling. This bullish trend hints at further potential gains, though profit-taking may introduce volatility.
12/04/2024 Crypto Support and Resistance Level Report
ADA-USD Signal Update:Buy signal on 12/04/2024 was successful. Price reached $1.23 (+2.8%) within 3 days, look more in discord
12/05/2024 Crypto Support and Resistance Level Prediction
Recommendations for XRP-USD:buy signal at price $2.35, look more in discord
Justin Drake: Solana Won’t Kill Ethereum
Justin Drake dismissed Solana as a threat to Ethereum, emphasizing that L2 solutions handle scalability while Ethereum prioritizes security. Solana’s focus on speed may yield short-term gains but lacks long-term resilience.
Mt. Gox Transfers $2.4 Billion in Bitcoin Amid Creditor Repayment Speculation
Mt. Gox transferred 24,000 BTC (~$2.4B) from cold storage, sparking speculation about creditor repayments. Bitcoin surged 7%, breaking $100,000 amid optimism in the crypto sector.
Hut 8 Secures $500 Million to Expand Bitcoin Reserves and Infrastructure
Hut 8 plans to raise $500M to expand its Bitcoin reserves and data centers. The firm, holding 9,110 BTC (~$934.5M), is also diversifying into AI computing to drive future growth.
12/03/2024 Crypto Support and Resistance Level Report
12/03/2024 Crypto Support and Resistance Level Report, Buy signal on 12/03/2024 was successful. Price reached $2.67 (+1.1%) within 3 days, look more in discord
12/04/2024 Crypto Support and Resistance Level Prediction
Recommendations for SOL-USD: buy signal at price $237.33 This information is provided for informational purposes only and is not financial advice. Join our Discord channel for more forecasts!
TRX Hits All-Time High and Joins the Top 10 Cryptocurrencies
TRX hit a new ATH of $0.45, boosting its market cap to $33.5 billion and entering the top 10 cryptocurrencies. Despite a pullback to $0.38, its growth signals increasing market prominence.
Ethereum Accumulation Phase: A Prelude to a Breakout or a Continued Stall?
ETH remains in an accumulation phase, oscillating within a symmetrical triangle pattern. While long-term prospects appear bullish, profit-taking and liquidations suggest short-term caution.