Bitcoin benefits from a weaker dollar, but credit market signals warn of possible investor caution that could prevent the bulls from making a run at $120,000.
Key Insights:
Bitcoin price retested the weekly uptrend and may rally toward $150,000 in the next leg.
Whale opened $86M long at 40x leverage with liquidation...
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Coinbase announced a plan to raise $2 billion from selling convertible senior notes.
This could help pay off debt and boost the company’s growth...
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Stellar’s Protocol 23 upgrade may benefit Pi coin value and network due to their shared infrastructure.
Pi Network’s investment in OpenMind aligns with its...
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Three new wallets accumulate 63,837 Ethereum worth $236 million
Historical data shows Ethereum averages 64.2% gains in August following Bitcoin halvings
Analysts predict $5,000-$10,000 price...