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Tag: Bullish

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MARA Reports $125 Million Net Loss in Q3 Despite Bullish Crypto Market

In Brief MARA reports $125 million net loss in Q3, with a $92 million rise in operating costs year-over-year. Despite setbacks, MARA’s energized hash rate surged 93%, boosting operational potential amid challenging mining conditions. Following Trump’s re-election, MARA anticipates pro-crypto regulations, supporting future mining and diversification into AI. In its Q3 2024 shareholder letter, Bitcoin…
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XRP Price’s 18% Crash Recovery in Peril as Bullish Strength Fades

In Brief XRP faces resistance at $0.55 and must hold the $0.52 support level to maintain a recovery path amid waning bullish sentiment. High long position liquidations and RSI below 50 reflect weakening bullish momentum, which may limit XRP’s upward potential. Breaking $0.55 and surpassing the 50% Fibonacci level is crucial for XRP to approach…
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Dogwifhat (WIF) Whale Doubles Down: $68 Million Profit, Still Bullish

In Brief Largest WIF whale stays bullish, growing holdings despite $68 million profit and competing Tron meme coin hype. Whale acquired 27.2 million WIF tokens, making strategic moves and may influence current marjket sentiment. WIF chart suggests a bullish reversal; breakout confirmation above $2.518 expected for further uptrend.   The largest Dogwifhat (WIF) whale remains…
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The Impact of Donald Trump’s Re-Election on Bitcoin: Bullish or Bearish?

In Brief DWS Group warns of inflation and higher bond yields if Trump is re-elected. Rick Santelli highlights risks of high bond yields, suggesting market volatility. Trump’s CBDC stance and AI regulation views could inadvertently boost BTC. As the November presidential election approaches in the United States, speculation mounts about the potential repercussions of Donald…
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This Is Why Analysts Are Bullish on the Crypto Market

Briefly as the stablecoin market surges by $9 billion, analysts anticipate a bull market, indicating renewed strength and investor confidence. A BitGet study also reveals that investors are highly optimistic about the cryptocurrency market’s positive impact of the Bitcoin halving. Additionally, observers believe that the newly launched Bitcoin ETFs will have a larger, long-term positive…
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