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Submission: On November 12 via api from JP — Scanned from NL
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Submission: On November 12 via api from JP — Scanned from NL
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Home Futures Perpetual Asset Log in / Register ENGLISH Log in / Register -------------------------------------------------------------------------------- Home Futures Perpetual Asset Liquidity mining King of Cryptocurrencies Faster, better, stronger Easily trade over 1700 cryptocurrencies Register Now PCEX demonstrates commitment to legal and transparent operations through MSB registration PCEX demonstrates commitment to legal and transparent operations through MSB registration PCEX demonstrates commitment to legal and transparent operations through MSB registration Trade Popular Contracts See more Trading pairs Latest trading price 24 Hour Range Trend chart Trade BTCUSDT 87569.39 -1.22% Trade ETHUSDT 3332.8 -1.14% Trade ADAUSDT 0.6016 -1.84% Trade BCHUSDT 444.96 -5.84% Trade DAIUSDT 1.0189 0.00% Trade Gainer list See more Trading pairs Latest trading price 24 Hour Range 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 See more 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> </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> </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> </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> </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> </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> check the details 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 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 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 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 class="pt-5"> <div class="relative font-sans-v2 before:!text-3xs before:leading-3 ad_ad__II8vw ad_ad__label__2NPqI before:!-top-3 before:!bg-transparent before:!p-0 before:!normal-case before:tracking-wide before:!text-[#5B616E] after:hidden !mt-3 !pt-2" data-test="ad-slot-visible" data-ad-label="Advertisement"> <div class="pointer-events-none animate-pulse cursor-default select-none rounded-sm bg-slate-300 !bg-clip-padding text-transparent !shadow-none duration-1000 before:invisible after:invisible absolute inset-0 -z-1"> </div> <div data-placement-container="true" data-im-placement-container="Content_Leaderboard1-2"> <div id="Content_Leaderboard1-2" class="grid grid-cols-1 grid-rows-1 justify-items-center" data-placement="Content_Leaderboard1" data-im-placement-index="2" data-im-handled="1" data-google-query-id="CPPB1OGmq4kDFfaPrAIdYwAEsg"> </div> </div> </div> </div> check the details 5-10-2024 Satoshi-Era Dormant Whale Makes Big BTC Move A Bitcoin 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’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 Ethereum and XRP experiencing similar gains. check the details Platform Introduction PCEX Exchange Global Professional Station is an innovative digital asset trading platform that serves professional trading users around the world and is committed to discovering high-quality and innovative digital asset investment opportunities. Currently, it provides more than 40 digital asset product trading and investment services. Headquartered in the United States, it is operated by the PCEX exchange global professional station team. PCEX exchange is the world's leading blockchain asset financial service provider. It has provided high-quality services to millions of users in more than 130 countries around the world. It has independent offices, trading operations and operation centers in Singapore, South Korea, Hong Kong, and medium-sized countries and regions. 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