Category: cryptocurrency

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Bitcoin Bull Run Coming To An End: Cycle Peak Countdown Signals 99.3% Completion

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After a turbulent few days, Bitcoin (BTC) has resumed its downtrend, currently retracing toward $111,000. This marks a 12% decline from its recent peak of $126,000, which raises concerns among market experts who suggest that the bull run may be closer to its end than many investors believe. End Of Bitcoin Bull Cycle Within Nine Days? On October 14, market analyst CryptoBirb, took to social media platform X (formerly Twitter) to assert that the bullish cycle is nearing its conclusion, stating that it may end within the next nine days. He referenced the Cycle Peak Countdown indicator, which suggests that Bitcoin is 99. 3% through its current cycle, having lasted 1, 058 days. According to CryptoBirb, this final stage is characterized by a “textbook shakeout of weak hands,” a common pattern observed before market peaks. Related Reading: Tether Resolves Celsius Lawsuit With Major $300 Million Settlement Deal CryptoBirb emphasized that October 24 serves as a critical target date, just nine days away, and labeled the recent crash as “right on schedule.” He further explained that the market is deep within the peak zone, with 543 days elapsing since the last Bitcoin Halving, exceeding the historical peak window of 518 to 580 days. The sentiment in the market also appears to have shifted dramatically, with the Fear & Greed Index plummeting from 71 to 38, indicating a reset from fear to euphoria. The Relative Strength Index (RSI) also dropped from 67 to 47, suggesting that this emotional washout may create an ideal launchpad for a final euphoric surge. However, technical indicators show mixed signals: while the Average True Range (ATR) has expanded to 4, 040, indicating higher volatility, the RSI’s position at 47 suggests a reset momentum. What On-Chain Metrics Suggest Institutional investors have also begun to shift their strategies, as evidenced by recent Bitcoin Exchange-Traded Fund (ETF) flows, which reversed from $627 million in inflows to $4. 5 million in outflows. Ethereum ETF outflows reached $174. 9 million, indicating that smart money is taking profits before retail investors potentially fear of missing out (FOMO) in. CryptoBirb asserts that this behavior aligns with a classic distribution-to-accumulation transition. Related Reading: Hyperliquid Holders Left In The Dark: Monad Protocol Faces Scrutiny Over MON Airdrop On-chain metrics reflect a cooling market, with the Net Unrealized Profit/Loss (NUPL) dropping to 0. 522 from 0. 556, and the Market Value to Realized Value (MVRV) declining to 2. 15 from 2. 45. These profit-taking actions may be creating the necessary space for a final euphoric push. When examining October’s performance, Bitcoin is down 2. 09% month-to-date, contrasting sharply with its historical average of a 19. 78% increase. This underperformance could actually be a bullish sign, suggesting that a significant move may still be on the horizon in the final weeks of the month. In summary, the current cycle appears to be 99. 3% complete. It has already spent 25 days in the peak zone and experienced a reset in sentiment and institutional distribution, as well as weak performance in October. However, if the analyst’s thesis proves right, this blending could turn into a perfect storm for a final surge before entering a new crypto winter. Featured image from DALL-E, chart from TradingView. com.

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Ethereum (ETH) Rises With Global Liquidity Expansion: Is $5,000 the Next Major Target?

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Ethereum (ETH) continues to strengthen its bullish trajectory, rising above $4,700 as expanding global liquidity and institutional demand fuel optimism for a breakout toward $5,000. Related Reading: House Of Doge Reveals Why Institutions Are Now Closely Watching Dogecoin The worlds second-largest crypto asset is increasingly correlated with global M2 money supply growth, suggesting that macroeconomic [.].

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Ethereum’s Next Big Move? Analyst Sees Fastest Rally in History if $5,200 Breaks

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The post Ethereum’s Next Big Move? Analyst Sees Fastest Rally in History if $5,200 Breaks appeared com. Home Crypto News A $5,200 breakout could ignite a sharp surge toward $7,600. ‘; } function loadTrinityPlayer(targetWrapper, theme, extras=) { cleanupPlayer(targetWrapper); // Always clean first targetWrapper. classList. add(‘played’); // Create script const scriptEl = document. createElement(“script”); scriptEl. setAttribute(“fetchpriorityhigh”); scriptEl. setAttribute(“charsetUTF-8”); const scriptURL = new URL(`{theme}${extras}`); scriptURL. searchParams. set(“pageURL”, window. location. href); scriptEl. src = scriptURL. toString; // Insert player const placeholder = targetWrapper. querySelector(“. add-before-this”); placeholder. parentNode. insertBefore(scriptEl, placeholder. nextSibling); } function getTheme { return document. body. classList. contains(“dark”) ? “dark” : “light”; } // Initial Load for Desktop if (window. innerWidth > 768) { const desktopBtn = document. getElementById(“desktopPlayBtn”); if (desktopBtn) { desktopBtn. addEventListener(“click”, function { const desktopWrapper = document. querySelector(“. desktop-player-wrapper. trinity-player-iframe-wrapper”); if (desktopWrapper) loadTrinityPlayer(desktopWrapper, getTheme,’&autoplay=1); }); } } // Mobile Button Click const mobileBtn = document. getElementById(“mobilePlayBtn”); if (mobileBtn) { mobileBtn. addEventListener(“click”, function { const mobileWrapper = document. querySelector(“. mobile-player-wrapper. trinity-player-iframe-wrapper”); if (mobileWrapper) loadTrinityPlayer(mobileWrapper, getTheme,’&autoplay=1); }); } function reInitButton(container, html){ container. innerHTML = + html; } // Theme switcher const destroyButton = document. getElementById(“checkbox”); if (destroyButton) { destroyButton. addEventListener(“click”, => { setTimeout( => { const theme = getTheme; if (window. innerWidth > 768) { const desktopWrapper = document. querySelector(“. desktop-player-wrapper. trinity-player-iframe-wrapper”); if(desktopWrapper. classList. contains(‘played’)){ loadTrinityPlayer(desktopWrapper, theme,’&autoplay=1); }else{ reInitButton(desktopWrapper,’Listen’) const desktopBtn = document. getElementById(“desktopPlayBtn”); if (desktopBtn) { desktopBtn. addEventListener(“click”, function { const desktopWrapper = document. querySelector(“. desktop-player-wrapper. trinity-player-iframe-wrapper”); if (desktopWrapper) loadTrinityPlayer(desktopWrapper, theme,’&autoplay=1′); }); } } } else { const mobileWrapper = document. querySelector(“. mobile-player-wrapper. trinity-player-iframe-wrapper”); if(mobileWrapper. classList. contains(‘played’)){ loadTrinityPlayer(mobileWrapper, theme,’&autoplay=1); }else{ const mobileBtn = document. getElementById(“mobilePlayBtn”); if (mobileBtn) { mobileBtn. addEventListener(“click”, function { const mobileWrapper = document. querySelector(“. mobile-player-wrapper. trinity-player-iframe-wrapper”); if (mobileWrapper) loadTrinityPlayer(mobileWrapper, theme,’&autoplay=1); }); } } } }, 100); }); } }); Summarize with AI Summarize with AI Ethereum (ETH) started October strong as it gained almost 9% within the first three days and reached close to $4,500 by Friday. The crypto assets current setup appears to be on the verge of breaking out from a re-accumulation phase. Its bullish path hinges on holding $4,700 support. Bold ETH Forecast According to the analysis shared by Alphractals founder and analyst Joao Wedson, an important level to.

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Devs Suggest Removing Solana’s Block Limit for Enhanced Performance

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Certainly! Heres a rewritten version of the article with a professional, journalistic tone, optimized for SEO and reader engagement, following your instructions: In an effort to enhance Solana’s blockchain performance and promote network decentralization, Jump Crypto has proposed removing the networks fixed compute block limit. This move aims to motivate validators with less powerful [.].

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ARK Invest Forecast Highlights $25 Trillion Crypto Market Cap, Here’s How Much Ethereum And XRP Will Be

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Ark Invest, an American investment management firm, has recently shared a long-term forecast that envisions the Ethereum (ETH) price reaching the six-digit territory if the total crypto market capitalization surges to $25 trillion. Ark Invest also notes that Ethereum stands to be one of the biggest winners in this scenario, with XRP also set to [.].

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Analysts Predict Dogecoin Price Will Explode: Why The $1 Mark Is Inevitable

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Crypto analysts Kaleo and Mags have predicted that the Dogecoin price will witness a parabolic run, with the potential to reach the $1 mark. This comes amid the top meme coins downtrend, which puts it at risk of retesting the $0. 2 mark. Dogecoin Price Eyes Parabolic Rally To $1 In an X post, Kaleo declared that the Dogecoin price will rip to new highs from its current level. He further remarked that it is only a matter of time before prices catch up with institutional interest coming from DOGE treasury companies and ETFs. In line with this, he advised market participants not to sleep on the king of memes. Related Reading: GROK AI Predicts How High Dogecoin Price Will Be If Bitcoin Hits $10 Trillion Market Cap Meanwhile, crypto analyst Mags indicated that the Dogecoin price could rally to as high as $1 on this projected parabolic rally. He suggested that there is no way that the father of all meme coins, which is supported and shilled by Elon Musk, wouldnt be able to pull a 3x increase in this market cycle. Mags asserted that the bull run is dedicated to meme coins and that the Dogecoin price will lead the meme coin supercycle round 2. It is worth mentioning that Elon Musks lawyer, Alex Spiro, is the Chairman of CleanCore, the foremost DOGE treasury company, which is looking to acquire up to 1 billion coins. The company already holds over 600 million DOGE. As Kaleo noted, institutional interest has also picked up following the launch of REX-Ospreys Dogecoin ETF, which became the first meme coin ETF to launch. The Dogecoin price had notably surged above $0. 3 ahead of the ETFs launch. However, it has been on a downtrend since the fund launched, indicating that this was a sell the news event. DOGE is down over 12% since then, a development which also comes amid a broad crypto market downtrend. DOGE Will Reach Its ATH At The Minimum Crypto analyst Javon Marks has predicted that the Dogecoin price will reach its all-time high (ATH) of $0. 73 at the minimum. He claimed that, based on historical trends, up next for DOGE is a rally of over 195%, which will send the meme coin to a new ATH above $0. 739. His accompanying chart suggested that DOGE can reach the psychological $1 level in the process. Meanwhile, crypto analyst Kevin Capital highlighted how the Dogecoin price rallied 400% to $0. 48 within a short period last year. He noted that crypto does nothing until it does something, and that it requires an incredible amount of patience and skill. However, the analyst emphasized that anyone can pull off the biggest trade if they can identify and have the conviction to buy at the lows, suggesting that it may be a good time to buy the dip. Related Reading: Dogecoin Price Could Break Into Double-Digit Rally From This Fibonacci Level At the time of writing, the Dogecoin price is trading at around $0. 235, down almost 2% in the last 24 hours, according to data from CoinMarketCap. Featured image from iStock, chart from Tradingview. com.

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Some Altcoins See Trading Volume Boom in South Korea – One Reaches Billion-Dollar Volume

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The post Some Altcoins See Trading Volume Boom in South Korea One Reaches Billion-Dollar Volume appeared com. There has been a notable increase in trading volumes on South Korea’s largest cryptocurrency exchanges, Upbit and Bithumb, in the last 24 hours. Some altcoins, in particular, have become the focus of investors, reaching billion-dollar volumes. Avantis (AVNT) topped the list when comparing data from both exchanges. Popular crypto assets like USDT, XRP, and Story (IP) also topped the list, while some relatively new projects also saw significant trading volumes. The most traded altcoins and their volumes in the last 24 hours are as follows: Avantis (AVNT) $1. 63 billion Boundless (ZKC) $291 million World Liberty Financial (WLFI) $306 million XRP $234 million Lombard (BARD) $145. 6 million Story (IP) $176. 3 million Valve (VANA) $120. 9 million Tether (USDT) $254 million Bitcoin (BTC) $99. 6 million Linea (LINEA) $74. 8 million PumpBTC (PUMP) $86. 6 million Thena (THE) $58. 1 million SynFutures (F) $52. 7 million Orderly (ORDER) $44 million Lista DAO (LISTA) $28. 9 million *This is not investment advice. account now for exclusive news, analytics and on-chain data! Source:.

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Grayscale Seeks Big Breakthrough: Amended S-1 Filed To Convert Dogecoin Trust Into GDOG ETF

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Grayscale Investments, one of the largest digital asset management firms in the world, has made another bold move in the crypto ETF space. The company recently submitted an amended S-1 registration statement to the US Securities and Exchange Commission (SEC), this time for its Dogecoin product. The filing reveals Grayscales intention to convert its existing [.].

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