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Latest trading price
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BTCUSDT
87569.39
-1.22%

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ETHUSDT
3332.8
-1.14%

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ADAUSDT
0.6016
-1.84%

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BCHUSDT
444.96
-5.84%

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DAIUSDT
1.0189
0.00%

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DOGEUSDT
0.40186
+14.39%
TRXUSDT
0.18383
+9.55%
XRPUSDT
0.6515
+4.96%
WTIOILUSD
78.68
0.00%
XMRUSDT
118.697
-0.00%

News and information

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1-11-2024

Bitcoin spot ETFs hit a record high with $870 million in inflows, with
BlackRock's IBIT leading the way with $643 million

<div>"U.S.-based bitcoin spot exchange-traded funds (ETFs) saw record inflows on
Oct. 29, totaling $870 million.</div> <div>&nbsp;</div> <div>BlackRock's iShares
Bitcoin Trust (IBIT) topped the list, attracting a record $643 million in
inflows in a single day, according to SoSo Value.</div> <div>&nbsp;</div>
<div>The daily trading volume of the BlackRock Bitcoin ETF surged to $3.35
billion, the highest level in more than six months.</div> <div>&nbsp;</div>
<div>Bitcoin breaks $72,000</div> <div>The surge in trading coincided with a
rise in the price of Bitcoin, which reached $72,390 on Oct. 29, just 2% below
its all-time high.</div> <div>&nbsp;</div> <div>According to Bloomberg ETF
analyst Eric Balchunas, the increase in trading volume indicates a "FOMO" (fear
of missing out) effect, possibly due to investors' eagerness to take advantage
of Bitcoin's gains.</div> <div>&nbsp;</div> <div>"FOMO confirmed," Balchunas
confirmed in a post on the X platform, citing data showing that BlackRock ETFs
saw inflows of $599.8 million in a single day."</div>

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25-10-2024

Shiba Inu (SHIB) Golden Cross Progress Here, This Key XRP Support Level Must Not
Be Broken, Bitcoin (BTC) Not Ready to Give Up

A potential golden cross, which has historically signaled large price increases
for assets, is what Shiba Inu&nbsp;is slowly approaching right now. The golden
cross formation has been progressively approaching reality as SHIB has been
gaining momentum in recent weeks. The market may move into a more bullish
position when a shorter-term moving average crosses above a longer-term moving
average. The 50-day EMA for Shiba Inu is currently getting close to the 200-day
EMA, which is an essential component of the golden cross configuration. This
crossover might spark a surge in fresh buying interest and raise SHIB if it
occurs. Even though the golden cross by itself does not ensure a price spike,
many people view it as a sign of future growth, particularly when its
accompanied by higher trading volume and improved market sentiment. As the asset
bounced off important support levels and progressively regained strength, it has
already demonstrated some resilience. Although it is too soon to tell whether
this golden cross will lead to an instant rally, the developments suggest that
Shiba Inu is still competitive. The golden cross could be a powerful indicator
of more bullish momentum if it forms successfully in the upcoming days or weeks.
All eyes are currently on SHIB's key moving averages to see if they can sustain
this upward trajectory in the direction of the golden cross. The asset's
potential for growth may rekindle interest in it and drive its price higher in
the near future. <h2 dir="ltr">XRP&nbsp;being pressured</h2> XRP is in danger of
collapsing below a crucial support level, which might lead to a more substantial
decline. For XRP the support level at about $0.50 has been crucial, serving as a
barrier against additional declines on several occasions in the past. However,
the likelihood of a breakdown increases as the asset stays close to this level.
There will probably be more bearish pressure on XRP if it breaks below this
important support. The asset's downward trend is further indicated by an
impending death cross, which occurs when short-term EMAs cross below long-term
EMAs. Death crosses have historically been a sign of strong bearish trends,
which may portend a much more severe correction for XRP in the future. Following
a decline below the $0.50 support level, $0.45 and $0.42 are the next important
support levels to keep an eye on. Although these levels might provide short-term
respite from selling pressure if the death cross materializes, they are unlikely
to stop a protracted downward trend. The death cross, along with breaking
support, may make it much less likely that XRP will recover anytime soon. Since
the overall technical structure indicates that the trendline may not hold, the
chart's ascending trendline provides little support. With key technical signals
pointing downward and momentum waning, XRP's prospects appear increasingly dire
unless it can hold onto its support above $0.50. Before choosing its next course
of action, XRP may experience some sideways consolidation if it is able to hold
at this level. Given the current technical indicators, however, it appears more
likely that there will be further downside. Though the charts suggest otherwise,
XRP holders will be keeping a close eye on things in the hopes of a recovery.
<h2 dir="ltr">Bitcoin&nbsp;still strong</h2> Recent price changes indicate that
Bitcoin (BTC) is not ready to give up just yet and the cryptocurrency looks to
be staging a comeback. At the moment, Bitcoin is testing what was once the upper
limit of a long-running downward price channel. This crucial level, which was
once a powerful resistance, may now serve as support, laying the groundwork for
Bitcoin's reversal and future growth. Bitcoin has demonstrated resilience in
recent days, recovering from the crucial $65,000 mark, which now appears to be a
crucial area of support. This might be the pivotal point at which Bitcoin rises.
A successful hold at this level could signal a reversal and push the asset
toward testing $73,000, the next key resistance level. The fight is not over,
though. Bitcoin still has trouble breaking higher in order to gain the traction
it needs to remain stable above $65,000. The value of $62,800 is another
important level to keep an eye on; it is located near the 100 EMA. Bitcoin may
indicate a return to the downside and possibly test lower support levels if it
is unable to hold this area. Overall, if Bitcoin can hold onto its current
support levels, its technical setup suggests room for more gains. A bullish
continuation could now be initiated from the upper border of the descending
channel. In order to determine whether Bitcoin is truly prepared for a long-term
recovery or if further consolidation is in store, traders will be closely
observing these levels. With these crucial levels at play, Bitcoin's next moves
will probably determine how it develops over the next few weeks. <div
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data-google-query-id="CPPB1OGmq4kDFfaPrAIdYwAEsg">&nbsp;</div> </div> </div>
</div>

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5-10-2024

Satoshi-Era Dormant Whale Makes Big BTC Move

A Bitcoin&nbsp;whale holding over $72.5 million Bitcoin from 2009 has sent a
total of $3.58 million BTC to Kraken with their most recent movements yesterday,
according to Arkham Intelligence. This Bitcoin was mined only one month after
the initial cryptocurrency's launch in March 2009. Earlier, Sept. 24, this
Bitcoin whale moved 5 BTC to Kraken. As of now, the wallet still holds
approximately $72.5 million, or 2,049.95 BTC. Bitcoin surged 3% on Friday,
climbing past $62,000 following a stronger-than-expected U.S. jobs report. The
U.S. added 254,000 jobs in September, far surpassing predictions of 140,000,
which bolstered optimism for the broader economy and helped drive
Bitcoin&rsquo;s rise. Earlier in the week, Bitcoin had dropped 6%, falling to
around $60,000. However, in anticipation of the positive jobs data, the
cryptocurrency gradually recovered. After a brief dip following the report's
release, Bitcoin spiked over 1%, with other cryptocurrencies
like&nbsp;Ethereum&nbsp;and&nbsp;XRP&nbsp;experiencing similar gains.

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the PCEX exchange global professional station team. PCEX exchange is the world's
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