Press Release

Press Release

Access official announcements from leading cryptocurrency projects, exchanges, and blockchain companies, featuring product launches, strategic partnerships, executive appointments, and milestone achievements.

Press Release

Crypto Whale Sells $400 Million in Bitcoin; Price Drops to $57,800

July 4, 2024 CryptoExpert

Retail investors are showing remarkable confidence by buying the dip despite a significant sell-off by a prominent crypto whale. The recent transactions have stirred up the Bitcoin and crypto markets, particularly influencing the market’s short-term trajectory. Early Thursday in Asian trading hours, Bitcoin’s price plummeted to $57,800, marking a two-month low. Despite this drop, the […]

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Here’s The Key To Reviving Bitcoin’s Bull Market: Analyst

July 3, 2024 CryptoExpert

With Bitcoin trading sideways over the past few months, traders are waiting for their signal to re-enter the market before crypto reclaims its bullish momentum from earlier this year. In a Wednesday memo, an analyst from CryptoQuant highlighted one signal worth looking at: stablecoin liquidity. Stablecoins: The Key To Driving Bitcoin Higher “The bottom line […]

Press Release

Is The Bitcoin Cycle Top In? What 13 On-Chain Indicators Say

July 3, 2024 CryptoExpert

In the latest edition of Capriole Investments’ “Bitcoin Update,” Charles Edwards, founder and CEO, examines the current state of Bitcoin through a detailed analysis of thirteen on-chain indicators to address the critical question: Is the Bitcoin cycle top in? A month after a promising technical breakout above $65.5K, which briefly touched $70K, Bitcoin experienced a […]

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Can BTC Reach $150,000 This Year?

July 2, 2024 CryptoExpert

TL;DR Bitcoin (BTC) hit an all-time high of over $73,000 in mid-March 2024, with predictions it could reach $150,000 by year-end. Analysts see potential for a BTC rally if it surpasses key resistance levels, with targets around $65,000 to $67,000 to be reached sometime this month. BTC is Yet to Make the Headlines? Despite the […]

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Crypto Goes Mainstream With 38,000 Machines Worldwide

July 1, 2024 CryptoExpert

The world of cryptocurrency is witnessing a boom in accessibility, with Bitcoin ATMs leading the charge. From a meager 10,000 in October 2020, the number of these cash-to-crypto converters has ballooned to over 38,000 globally. This surge isn’t just a fad; experts predict continued growth fueled by a perfect storm of convenience, profitability, and strategic […]

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Bitcoin Miners Navigate Capitulation Amid Shrinking Profit Margins

July 1, 2024 CryptoExpert

Bitcoin miners are currently facing significant “capitulation,” pushing them to innovate for additional revenues. Bitcoin miner capitulation occurs when miners are forced to shut down due to unprofitability or unsustainable operating costs. This can happen when the cost of mining (including electricity, hardware, and operational expenses) exceeds the revenue generated from mining the bellwether asset. […]

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Did Bitcoin Bottom? This is How to Know

June 30, 2024 CryptoExpert

Analysts at market intelligence platform CryptoQuant have outlined on-chain metrics that could signal that the bitcoin (BTC) price has bottomed and cryptocurrencies are beginning to rally again. The latest weekly CryptoQuant report mentioned signals like higher bullish momentum, rising BTC demand, and faster stablecoin liquidity growth as the metrics to watch. Higher Bullish Momentum CryptoQuant’s […]

Press Release

Bitcoin Miner Capitulation At December 2022 Levels – What Happened The Last Time?

June 30, 2024 CryptoExpert

It is no secret that Bitcoin miners are currently experiencing significant financial stress, especially following the completion of the fourth halving event. As a result, these vital network participants are being forced to offload their BTC holdings to offset the increasing operational costs. Interestingly, the latest on-chain data shows that the Bitcoin market is experiencing […]