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news-imageOctober 9, 2024

Bitcoin Price Analysis: Can Historical Trends Predict a Surge in 2025

Bitcoin has experienced a rise of 8.01% in the last three months; notably, in the last 30 days alone, it has witnessed a growth of 13.9%. Currently, the BTC market is trying to recover from the fall it suffered on the first day of October due to the Israel-Iran crisis.
Publisher: CoinPedia
Sentiment: Positive
BTC

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Positive
cover-imageBitcoin
October 9, 2024

Bitcoin Staking Protocol Babylon Attracts About 24,000 BTC in Deposits

staking Bitcoin protocol Babylon has achieved a major milestone, pulling in 23,891.67071126 BTC in confirmed total value locked (TVL) and attracting 25.31K stakers after lifting the cap on its second staking round. This significant increase in participation underscores strong investor confidence and robust demand within Babylon's decentralized finance (defi) ecosystem.

Negative
cover-imageNewsBTC
October 9, 2024

Bitcoin's Non-Realized Profits Hit Negative Levels—What Does This Mean for Investors?

As Bitcoin is currently still struggling to reclaim major highs, a recent analysis of its fundamentals has highlighted a possible buying opportunity for Bitcoin based on insights from the Non-Realized Profit metric. A CryptoQuant analyst known as Darkfost highlighted this metric's importance in a recent post on the CryptoQuant QuickTake platform, mentioning what its trend means for investors.

Positive
cover-imageCoinPedia
October 9, 2024

FTX News: Could $12 Billion in Repayments Spark a Bitcoin Rally?

The bankrupt crypto exchange, FTX, is preparing to return over $12 billion to its creditors. This payout plan is raising hopes for a possible shake up in the crypto market. FTX owes around $11.2 billion to its creditors. However this amount will rise as the exchange also has to provide interest oven investments.

Positive
cover-imageThe Currency Analytics
October 9, 2024

Bitfinex Analysts View Last Week's Bitcoin Dip as a Healthy Realignment

Bitcoin's recent price dip of nearly 10% has stirred various reactions among traders and analysts alike. According to a report released by analysts at Bitfinex on October 6, this pullback is not a sign of weakness but rather a “healthy realignment” that may ultimately lower the risk of a more catastrophic drop in the coming days and weeks.

Positive
cover-imageCointribune
October 9, 2024

MicroStrategy Skyrockets Bitcoin: Its Stock Soars By 1,208%

The tech company MicroStrategy, known for its massive investments in Bitcoin, has just achieved an exceptional stock performance. According to a recent report, its stock recorded a staggering gain of 1,208% since 2020, far surpassing Bitcoin's rise of 445% during the same period.

Negative
cover-imageCointribune
October 9, 2024

Bitcoin: Exchanges Running Dry, Is The Crypto Market On The Brink Of Chaos?

The bitcoin market is currently experiencing a rather striking trend: bitcoin reserves on exchange platforms are at historically low levels. While the #1 cryptocurrency by market capitalization hovers around $62,300, Bitcoin reserves are dwindling, fueling speculation about the potential consequences of this development for the entire sector.

Neutral
cover-imageNewsBTC
October 9, 2024

Bitcoin Supply In Loss Nears 20%: Could This Trigger A Fresh Surge?

On-chain data shows the Bitcoin supply in loss has shot up close to the 20% mark after the recent bearish action in the coin's price. Bitcoin UTXO Supply In Loss Has Seen A Sharp Increase Recently In a new post on X, CryptoQuant author Axel Adler Jr talked about the recent trend in the Bitcoin Unspent Transaction Output (UTXO) Supply in Loss indicator.

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