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84% of Crypto Twitter Is Purchasing or Holding Bitcoin, Boosting Bull Case

84% of Crypto Twitter Is Purchasing or Holding Bitcoin, Boosting Bull Case

There have been many analysts over recent weeks arguing that Bitcoin is clearly at a market top. As NewsBTC covered two weeks ago, one trader commented that the cryptocurrency is trading in line with a textbook “distribution” pattern.“A couple more clues developing that lend themselves to HTF distribution. 1. Rising Demand on the verge of…
Why One Outspoken Bitcoin Bull Recommends Holding More Gold Than BTC

Why One Outspoken Bitcoin Bull Recommends Holding More Gold Than BTC

Bitcoin and gold have formed a striking correlation throughout 2020, although this has shown some signs of degrading over the past few weeks as BTC continues extending its multi-month bout of sideways trading.Gold is also starting to move lockstep with the stock market, showing that traders are increasingly treating the precious metal as a “risk-on”…
TikTok Dogecoin Pump Purveyors Experience Their Very First Crypto Dump

TikTok Dogecoin Pump Purveyors Experience Their Very First Crypto Dump

This week, the altcoin named after an internet meme, Dogecoin, went viral on social platform TikTok. Users of the platform tried to get a hashtag challenge trending in order to pump the coin.However, these new investors unsure if Doge is a stock or an altcoin have now learned the hard way what a crypto dump…
Crypto Tidbits: TikTok’s Dogecoin Fad, Coinbase on Stock Markets, Bitcoin Holds $9k

Crypto Tidbits: TikTok’s Dogecoin Fad, Coinbase on Stock Markets, Bitcoin Holds $9k

Another week, another round of Crypto Tidbits.After over a week of ranging, Bitcoin attempted to break higher this week. The flagship cryptocurrency moved from the weekend lows of $8,900 to a weekly high of $9,470 on major exchanges.The move has since been reversed, with BTC trading at $9,200 as of this article’s writing. This is above…
Excellent (XLM) Might Quickly Eliminate Current Gains as It Strikes “Make or Break” Level

Excellent (XLM) Might Quickly Eliminate Current Gains as It Strikes “Make or Break” Level

Stellar (XLM) has been incurring massive upside throughout the past couple of weeks, with the token’s price surging to fresh yearly highs just days ago.It is currently expressing some signs of weakness, however, as the token’s price recently faced a grim rejection that has since sparked an intense price decline.Analysts are noting that this ongoing…