Bitcoin remained resilient despite the options expiry, peaking above $97,330 one hour after the year’s last options expiry event. Source link
Day: December 27, 2024
How To Buy Bitcoin During Bull Market Dips
Buying Bitcoin at significantly higher prices than just a few months ago can be daunting. However, with the right strategies, you can buy Bitcoin during dips with a favorable risk-to-reward ratio while riding the bull market. Confirming Bull Market Conditions Before accumulating, ensure you’re still in a bull market. The MVRV Z-score helps identify overheated or undervalued conditions by analyzing the deviation between market value and realized value. Figure 1: MVRV-Z Score indicates dips are still for buying. View Live Chart 🔍 Avoid Buying when the Z-score reaches high values,…
How to get involved in crypto mining without expensive hardware
Crypto mining on a budget? Here’s how to get started without breaking the bank — or your fuses. Source link
Bitcoin analyst warns 'huge dump' amid recovering stablecoin dominance
Bitcoin’s failure to break through a critical resistance level has heightened the risk of a potential decline toward $81,500. Source link
Kyrgyzstan cryptocurrency mining tax collection falls 50% YoY in 2024
Kyrgyzstan is considered an ideal destination for cryptocurrency miners, due to its untapped renewable energy resources. Source link
XRP price warning signs emerge after 300% gains in two months
Whale distribution and a convincing bearish reversal indicator set up XRP for further price declines in early 2025. Source link
EU silence does not make USDT MiCA-compliant, says exec
While MiCA’s implementation phase is ending on Dec. 30, 2024, there is also a transitional 18-month phase in MiCA’s total 36-month timeline. Source link
Confirmed Bitcoin payments hit yearly low due to holiday illiquidity
Metrics like the number of confirmed payments can be used to gauge investor activity on the Bitcoin network. Source link
Confirmed Bitcoin payments hit yearly low amid holiday illiquidity
Metrics like the number of confirmed payments can be used to gauge investor activity on the Bitcoin network. Source link
Bitcoin 'head and shoulders' pattern risks $80K BTC price dip — Analyst
BTC price targets calling for new local lows receive an $80,000 warning from longtime trader and analyst Aksel Kibar. Source link