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Bitcoin

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Bitcoin Navigates Uncertain Waters: Potential Correction Looms After Historic Rally

Bitcoin's recent price drop has analysts predicting a potential correction after its impressive seven-month rally. Expert Alan Santana suggests key support levels to watch during this potential descent, emphasizing the EMAs at $40,000 and $30,550. Despite the current bearish outlook, the upcoming halving event remains a bullish factor for long-term investors.
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Bitcoin Halving 2024: What Investors Need to Know

The upcoming Bitcoin halving is set to be a unique event in the history of the cryptocurrency. Unlike previous halvings, which have been followed by significant price increases, experts are divided on the potential impact of this halving on Bitcoin's price. Some believe that the days of massive price surges are over due to the coin's increasingly scarce supply. However, others argue that high demand for Bitcoin, fueled by the recent approval of Bitcoin ETFs, could lead to a shorter, more explosive bull run than in previous halvings.
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Bitcoin Price Nears $70,000: Potential for $33 Million in Liquidations

Crypto analysts are warning that a potential drop in Bitcoin's price could trigger a wave of liquidations on derivative exchanges. According to Ali Martinez, if Bitcoin falls below $70,190, it could lead to $33 million in liquidations. This comes as Bitcoin is currently trading at $69,336.8, having already experienced significant liquidations in the past 24 hours. However, some experts remain bullish on Bitcoin's long-term prospects.
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Solana (SOL) Price Rises as Whales Move Millions to Coinbase

Solana (SOL) is a fast-growing cryptocurrency that has been breaking new records and attracting attention from investors and traders. In the past hour, several large SOL transfers were made to Coinbase, one of the biggest crypto exchanges in the world. How did this affect the price of Solana and what are the reasons behind this movement?
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Shiba Inu Hopes for a Recovery in February After a 14.50% Drop in January

Shiba Inu (SHIB), the meme-inspired cryptocurrency that aims to rival Dogecoin (DOGE), had a disappointing start to the year, as it lost 14.50% of its value in January. However, the coin is optimistic that February will bring better news and opportunities, as it looks to overcome the challenges and seize the opportunities that lie ahead. In this article, we will explore the factors that could influence Shiba Inu's price in the coming month.
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Why Bitcoin Miners Are Feeling the Heat and Dumping Their Coins

Bitcoin miners are selling more coins than they can generate, as the price of the cryptocurrency has plummeted in recent months, eroding their profit margins and forcing them to cope with market headwinds. This has created a negative feedback loop that could further depress the market and make mining even harder. However, this could also create opportunities for miners who can adapt, innovate, and survive in the changing environment.
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Bitcoin, Ethereum, Dogecoin Trade Mixed as Google Allows BTC ETF Ads

Bitcoin, Ethereum, and Dogecoin showed mixed trading on Sunday evening as traders monitored the inflows into the recently launched Bitcoin exchange-traded funds and anticipated the Bitcoin halving in April. The crypto market also reacted to the news that Google will allow the advertising of certain cryptocurrency products on the major search engine starting from Monday. Google's policy change is expected to boost the visibility and adoption of Bitcoin and exchange-traded funds, which offer investors a convenient and regulated way to gain exposure to the cryptocurrency market. However, some analysts and investors are still waiting for the approval of a spot Bitcoin ETF, which would track the actual price of Bitcoin and hold the physical asset in custody. A spot Bitcoin ETF could propel the price of Bitcoin to $500,000, according to a Bloomberg Intelligence analyst.
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