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Did Bitcoin just make a quick bullish reversal?
Did Bitcoin just make a quick bullish reversal?

Share link:In this post: Bitcoin has seen a reduced bearish pressure after Germany finished its sell-off, triggering some bullish signs in technical indicators. The 200-day moving average provides support, while resistance levels near $60,000 could challenge upward movement. The derivatives market shows a cautious trader sentiment, with massive liquidations and increased open interest predicting more volatility ahead.Disclaimer. The information provided is not trading advice. Cryptopolitan.com holds no lia

Cryptopolitan·2024/07/13 20:34
Bitcoin whales added 71K BTC to their wallets this week
Bitcoin whales added 71K BTC to their wallets this week

Share link:In this post: Bitcoin whales accumulate 71,000 BTC worth over $4 billion amid market downturns. Data from Alternative,me places the Crypto Fear & Greed Index at 25, showing extreme fear. Selling pressure has reduced after the German Government completed selling its 50,000 BTC stash.Disclaimer. The information provided is not trading advice. Cryptopolitan.com holds no liability for any investments made based on the information provided on this page. We strongly recommend independent research and/

Cryptopolitan·2024/07/13 20:34
Chainlink’s whales surge, accumulate $110 million in LINK tokens
Chainlink’s whales surge, accumulate $110 million in LINK tokens

Share link:In this post: About $110 million worth of LINK tokens have left crypto exchanges in the last two weeks. Large scale holders have been buying up LINK tokens and now control more than 50% of supply. Their accumulation might be driven by the belief that LINK is undervalued and set for future gains.Disclaimer. The information provided is not trading advice. Cryptopolitan.com holds no liability for any investments made based on the information provided on this page. We strongly recommend independent

Cryptopolitan·2024/07/13 18:19
Bitcoin fees drop by 18% in one week
Bitcoin fees drop by 18% in one week

Share link:In this post: Bitcoin’s trading fees tanked by 18% in seven days, following a 27% drop the week before. Runes protocol, launch, and Bitcoin ordinals greatly influenced the BTC transaction fee surge. BTC fees drop can be linked to the market drop amid Germany’s market Bitcoin dumping.Disclaimer. The information provided is not trading advice. Cryptopolitan.com holds no liability for any investments made based on the information provided on this page. We strongly recommend independent research and

Cryptopolitan·2024/07/13 18:19
Ethereum demand spikes amid whales and institutions ETH ecosystem tokens accumulation
Ethereum demand spikes amid whales and institutions ETH ecosystem tokens accumulation

Share link:In this post: Ethereum stabilized above $3,000, gaining back its support level and lost market share. Institutional and whale investments in digital currency indicate market confidence and volume, especially ahead of the ETH ETF approvals. The United States Securities and Exchange Commission (SEC) is yet to offer ETH ETFs a greenlight day for trade.Disclaimer. The information provided is not trading advice. Cryptopolitan.com holds no liability for any investments made based on the information pr

Cryptopolitan·2024/07/13 18:19
Flash
07:28
Lane: The current inflation shock is of medium scale
The Chief Economist of the European Central Bank, Lane, stated that the current inflation shock is of medium scale.
07:25
Goldman Sachs and Barclays Strategists Raise European Stock Index Targets
On June 19, a Bloomberg survey indicated that the peace agreement between the U.S. and Iran has improved the outlook for European stock markets in the second half of the year, prompting several strategists to raise their year-end targets. Goldman Sachs, Barclays, and Société Générale have all revised their forecasts upward. The latest survey, involving 16 strategists, shows that the European Stoxx 600 index is expected to close at 640 points by the end of 2026, matching its most recent historical high. However, some sectors in the market have yet to recover from pre-war prices. Some respondents noted that this provides further room for market growth, as investors may position themselves for an economic recovery through sector rotation.
07:24
Nissay Basic Research Institute: Japanese consumer inflation may rebound above 2% as cost-passing effects become evident
⑴ Economist Taro Saito from the Nissei Basic Research Institute stated that in the coming months, Japan's consumer inflation rate may rise above the central bank's 2% target, with price increases in broad categories such as food and daily necessities expected to accelerate. ⑵ He said that although oil prices have declined after a peace agreement was reached between the US and Iran, rising producer costs make consumer price increases seem inevitable. The Bank of Japan policymakers have already warned of inflation risks, noting that Japanese companies have become more aggressive than in the past in passing on continually rising costs to consumers.
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