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With US Presidential Election Approaching, Bitcoin Options Market Shows Strong Bullish Sentiment, Targeting $80,000?
With US Presidential Election Approaching, Bitcoin Options Market Shows Strong Bullish Sentiment, Targeting $80,000?As the US presidential election draws near, the Bitcoin options market is exhibiting a strong bullish sentiment. According to data from Deribit, the largest crypto options exchange, the ratio of Bitcoin put options to call options has been trending downwards, indicating that more traders are purchasing call options than put options
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Billionaire Hedge Fund Manager: Inflation is America's Biggest Risk, I'm Buying Gold, Bitcoin and Commodities
Billionaire Hedge Fund Manager: Inflation is America's Biggest Risk, I'm Buying Gold, Bitcoin and CommoditiesPaul Tudor Jones, the legendary American investor and billionaire hedge fund manager, said he is holding gold, Bitcoin, and commodities to hedge against inflation risks as both presidential candidates lack a proper plan to address the US debt problem.Jones, who founded his hedge fund, Tudor Investment Corporation, over 40 years ago and is known for correctly predicting the 1987 stock market crash, believes that inflation risks will be more apparent after the November election as both candidates have proposed tax cuts and spending plans, ignoring the US deficit problem
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Bitcoin Dip Is Just a Build-Up, $70,000 Breakout in Sight!
Bitcoin Dip Is Just a Build-Up, $70,000 Breakout in Sight!The recent Bitcoin pullback has sparked concerns among many investors, but it's actually just a normal adjustment before the market breaks through the resistance level at $70,000. The correction has been relatively small, and the price has found support near previous highs, indicating that the market remains firmly in an upward trend
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Bitcoin Futures Close Lower on Monday, Ethereum Futures Rise
Bitcoin Futures Close Lower on Monday, Ethereum Futures RiseOn Monday (October 21st), at the close of trading in New York, the CME Bitcoin futures contract (BTC) settled at $67,825.00, down 1
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Bitcoin and Ethereum 4H Trend Analysis: Expected Pullback and Future Outlook
Bitcoin and Ethereum 4H Trend Analysis: Expected Pullback and Future OutlookBoth Bitcoin and Ethereum have shown strong upward momentum in recent trends, but they have now reached expected resistance levels, making a short-term pullback highly likely.Bitcoin 4H Analysis:Bitcoin has tested the resistance level around $69,600 today, and is currently in a state of pullback after encountering resistance
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Bitcoin ETFs Continue to Attract Funds, Is Ethereum ETF Inflow Reversing?
Bitcoin ETFs Continue to Attract Funds, Is Ethereum ETF Inflow Reversing?Last week, Bitcoin ETFs saw a surge in inflows, with a total of $2.13 billion flowing into the asset class, marking the second consecutive week of net inflows
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Is Ethereum a Dog? Can the Prague Upgrade Save the Market? (Part 1)
Is Ethereum a Dog? Can the Prague Upgrade Save the Market? (Part 1)Unlike the Cancun upgrade in the first half of the year, which was hyped up for six months beforehand with various calls to action, the Prague upgrade has arrived, and many token holders and stakers are unaware of it! The main reason for this is likely the dismal performance of the token price and the disappointing outcome of the Cancun upgrade, which saw prices fall instead of rise, and continued to decline.1
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Ethereum Price Prediction: Key Data Releases to Watch This Week
Ethereum Price Prediction: Key Data Releases to Watch This WeekEthereum's price movement this week is expected to be influenced by several key data releases. Investors should pay close attention to:I
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Ethereum Rebound Imminent: Is ETH/BTC Ratio Poised for a Turnaround?
Ethereum Rebound Imminent: Is ETH/BTC Ratio Poised for a Turnaround?The crypto bull market last year belonged to Bitcoin, with ETH/BTC suppressed for over two years. Ethereum became a target of criticism during last years bull run, as many Ethereum-killer projects emerged
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Ethereum Price Target Lowered to Below $6,000 as Pullback Risks Persist
Ethereum Price Target Lowered to Below $6,000 as Pullback Risks PersistIn a nutshell, Glassnode's on-chain data reveals that the current cycle's peak target for Ethereum has now been lowered to below $6,000. This downward revision contradicts earlier predictions, primarily driven by waning ETF inflows and selling pressure
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Bitcoin and gold surge on safe-haven demand: Stock market volatility and rate cut expectations spark market risk aversion
Bitcoin and gold surge on safe-haven demand: Stock market volatility and rate cut expectations spark market risk aversionBitcoin (BTC) and gold prices saw an upward trend in early trading on Wednesday, fueled by recent stock market volatility, uncertainty over the rate cut outlook, and ongoing geopolitical tensions. Traders opted for safe-haven strategies to safeguard their assets, leading to increased demand for haven assets
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Bitcoin Surges Past $68,000, Bulls Remain Strong, Ethereum Poised for Breakout: In-depth Market Analysis and Investment Strategy
Bitcoin Surges Past $68,000, Bulls Remain Strong, Ethereum Poised for Breakout: In-depth Market Analysis and Investment StrategySince entering October, the global economic landscape continues to be complex and volatile. However, the Federal Reserve maintained interest rates unchanged, hinting at potentially easing monetary policy in the future