Bitcoin Dumps: Buy the Dip for Maximum BTC Bull Potential?
What’s happening to Bitcoin? Only a week ago, the leading crypto was trading above $98K. Now, it’s hovering right around $80K, down 18% in seven days. Unlike other major crashes it’s hard to pinpoint an exact cause of the panic. The last time the Fear & Greed index was this low, it was the Terra/Luna […]
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A Canadian publicly held company has liquidated all of its ethereum and monero holdings and put all of the proceeds into bitcoin. The company is led by a well-known poker player and former member of the European Parliament. Cypherpunk Dumps Monero and Ethereum for Bitcoin Cypherpunk Holdings, a Toronto-headquartered company listed on the Canadian Securities Exchange (CSE), announced Thursday that it has increased its bitcoin holdings to 276.479 bitcoins. At the current price, the company now holds about $5 million USD in bitcoin. Cypherpunk Holdings added that this is a net increase since....
The Bitcoin bull market is here, the asset is trading at nearly $30,000, and an awful year just came to a close – investors are in their right to be celebrating and having a little bit of fun with their profits. But one altcoin that recently was sent skyrocketing immediately was swatted back down, nearly […]
Bitcoin price is on the rebound, but after such a sharp fall and more than 50% retracement, any reversal must be considered a potential bull trap until much higher prices are reclaimed. Further adding credence to the theory of a potential bull trap, a trend strength indicator very clearly shows that bears are in charge, […]
What one action is most important to learning about potential future bitcoin bull runs and how to handle them?
In the lead-up to what many predict will be the next major cryptocurrency bull run, whales—the largest holders of digital assets—are making strategic moves to position themselves for maximum gains. Recently, a significant Bitcoin (BTC) whale made headlines by liquidating a portion of their BTC holdings to secure more Ethereum (ETH) and the AI-powered token GoodEgg (GEGG). This bold move signals a shift in strategy as investors look to diversify their portfolios with tokens that have the potential for explosive growth. Here’s a closer look at why this whale made the decision to back ETH and....