Day: January 6, 2025

Bitcoin surges past $100K as market eyes bull cycle peak

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Key Takeaways Bitcoin reclaims $100K as the year starts, with Bitfinex revealing miners are holding onto their BTC. CryptoQuant analyst forecasts market top by Q1 or early Q2 2025. Share this article Bitcoin has reclaimed the $100,000 mark as 2025 begins, driven by strong market momentum and a tightening of sell-side liquidity. According to the latest Bitfinex report, the Liquidity Inventory Ratio, a measure of how long the existing Bitcoin supply can meet demand, has dropped from 41 months in October to just 6.6 months. This sharp decline reflects a…

Canada Can Elect The Next Bitcoin World Leader

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Follow Nikolaus On 𝕏 Here For Daily Posts Canada’s Prime Minister Justin Trudeau has announced he is officially resigning from his position in office and as the Leader of the Liberal Party of Canada — effective when the party chooses his successor. Trudeau has faced massive criticism over the last few years due to his inability to solve the housing shortages, inflation, and other economic struggles the country is facing. He has also stated that he is fighting internal battles, and therefore cannot be the best option for the country…

Pudgy Penguins’ PENGU token soars 26%, flips OP in market cap

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Key Takeaways PENGU has surpassed OP to become the 58th largest crypto asset by market value. Despite an initial surge at launch, the token plummeted over 50% due to heavy selling pressure. Share this article PENGU, the utility token of the Pudgy Penguins ecosystem, has surged approximately 26% in the last 48 hours, propelling its market capitalization to $2.8 billion and flipping Optimism’s OP token to become the 58th largest crypto asset by market value, according to CoinGecko data. Pudgy Penguins’ PENGU flips OP in terms of market cap The…

XRP Price Sets Bullish Flag Continuation On The Daily Chart, Next Stop $10?

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Este artículo también está disponible en español. The XRP price has been one of the best altcoin performers over the last few months, going from below $0.6 to over $2.8 in this time period. Nevertheless, like the rest of the crypto market, the altcoin recently succumbed to bearish pressure, pushing it back toward $2. Despite this, the XRP price has continued to show strength, and recent developments on the altcoin’s chart show that the bullish momentum is far from over. XRP Price Shows Bullish Continuation So far, the XRP price…

New Pi Cycle Top Prediction Chart Identifies Bitcoin Price Market Peaks with Precision

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Bitcoin investors and analysts constantly seek innovative tools and indicators to gain a competitive edge in navigating volatile market cycles. A recent addition to this arsenal is the Pi Cycle Top Prediction chart, now available on Bitcoin Magazine Pro. Designed for professional and institutional investors, this chart builds on the widely recognized Pi Cycle Top indicator—a tool that has historically pinpointed Bitcoin’s market cycle peaks with remarkable accuracy. 🚨 NEW FREE CHART ALERT 🚨 Following the amazing feedback we received on our video series: 'Mathematically Predicting the BTC Peak' We…