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Why Bitcoin Could Still Fall to $47K in This Market Correction
Why Bitcoin Could Still Fall to $47K in This Market Correction

The crypto market may have further to fall according to one prominent technical analyst who has fingered futures traders for exacerbating the losses.

Cryptopotato·2024/07/09 11:49
Local Bottom or More Pain for Bitcoin’s Price? Bitfinex Analysts Chip In
Local Bottom or More Pain for Bitcoin’s Price? Bitfinex Analysts Chip In

Bitfinex said the market could recover soon because the large BTC sales from Mt Gox creditors and the German government has been priced in.

Cryptopotato·2024/07/09 11:49
UPDATE: German government continues bitcoin selling spree; less than half of its holdings remain
UPDATE: German government continues bitcoin selling spree; less than half of its holdings remain

Quick Take The German government continued to send and receive thousands of bitcoins from crypto exchanges and market makers on Tuesday. The government currently holds 22,846 bitcoins, less than half of the 50,000 bitcoins it seized from Movie2k in January.

The Block·2024/07/09 11:25
Chainlink (LINK) Price Outlook: Whales Step up as Important Metrics Flash Recovery Signals
Chainlink (LINK) Price Outlook: Whales Step up as Important Metrics Flash Recovery Signals

Whales have accumulated nearly $77 million worth of LINK tokens in the past week.

Cryptopotato·2024/07/09 08:19
Flash
18:33
Data: If ETH falls below $1,497, the cumulative long liquidation intensity on major CEXs will reach $763 million
According to ChainCatcher, citing Coinglass data, if ETH falls below $1,497, the total long position liquidation amount on major CEXs will reach $763 million. Conversely, if ETH surpasses $1,651, the total short position liquidation amount on major CEXs will reach $603 million.
18:25
The US CBDC prohibition bill will be submitted to President Trump on Monday
The US CBDC prohibition bill will be submitted to President Trump on Monday. (The Bitcoin Historian)
18:02
Canton Network ranks first in blockchain revenue over the past 30 days
According to DefiLlama data, Canton Network generated $60.2 million in revenue over the past 30 days, surpassing Tron’s $27.6 million and Ethereum’s $3.2 million. (CoinDesk)
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