Category: News

Analyzing the Impact of BNB’s Latest Token Burn on Market Trends

TL;DR The Binance Smart Chain continues to operate as expected, and it just completed the 31st quarterly burn of BNB tokens. Although this one was the lowest in terms of BNB since October 2021, it still reaffirms the project’s goal to reduce the token’s supply to 100 million. The...
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Ethereum Breakout Imminent? Analyst Expects ETH Price Surge To $2,000

Ethereum (ETH) is down nearly 50% over the past year, eroding investor confidence in the second-largest cryptocurrency by market cap. However, crypto analysts suggest that ETH’s fortunes might be about to turn. Ethereum Set For A Bullish Breakout? Unlike Bitcoin (BTC), ETH has not significantly benefited from the bullish...
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Crypto in a bear market, rebound likely in Q3 — Coinbase

A monthly market review by publicly traded US-based crypto exchange Coinbase shows that while the crypto market has contracted, it appears to be gearing up for a better quarter. According to Coinbase’s April 15 monthly outlook for institutional investors, the altcoin market cap shrank by 41% from its December...
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Bitcoin Nears Capitulation as Short-Term Holders Face Deep Losses

Bitcoin’s (BTC) on-chain metrics are flashing a key signal once again, as the short-term holder (STH) MVRV ratio fell to 0.82 — a level historically associated with market stress and capitulation, according to Glassnode data. This metric compares the market value (current BTC price) to the realized price (average...
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Bitcoin To Outperform Gold In Coming Months, Says Anthony Pompliano

Bitcoin‘s (CRYPTO: BTC) comparative underperformance against gold so far this year may soon flip, with crypto veteran Anthony Pompliano asserting that historical trends point to a coming surge in Bitcoin returns. What Happened: Speaking on CNBC’s Squawk Box on Tuesday, the founder and CEO of Professional Capital Management said...
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