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BeInCrypto

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BeInCrypto

Grayscale Names 3 Cryptocurrencies That Could Benefit From AI Growth

The AI boom is creating huge demand for training data and the expensive computers that power it. Grayscale has identified three cryptocurrencies targeting these growing needs. Their prices, however, tell very different stories. In an October 23 research note, Grayscale…

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Ethereum Flashes Same Signal That Triggered June’s Rebound

Ethereum (ETH) saw roughly 169,770 coins leave exchanges on net, per Santiment. That marked its largest outflow day in over 4 months, a pattern last seen just before June’s rebound. Fewer coins on exchanges usually means less supply ready for…

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Bitcoin Loses $80,000 as $200 Million in Leverage Unwinds in an Hour

Bitcoin (BTC) slipped below $80,000 on Saturday as more than $200 million in crypto positions were liquidated within an hour. Traders betting on higher prices accounted for $191.33 million of that total. Ethereum (ETH) fell alongside the leading crypto. BeInCrypto…

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Bitcoin Keeps Reversing. Why Are 80% of Crypto Tokens Falling?

Bitcoin has spent October making both bulls and bears look foolish. It slipped below $80,000 last week, recovered toward $84,000 this week, then fell back toward $81,000. Each bounce has looked promising. Each reversal has exposed how little confidence there…

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Arthur Hayes Dumps $22 Million in Crypto, Warns of More Pain

Arthur Hayes has sold about $22.28 million in crypto from Maelstrom’s directional book. Hayes, the family office’s chief investment officer, confirmed the exit on X and plans to sit out the market. The post is a shift from his tone…

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Bitcoin Faces Make-or-Break Weekend as Market Crash Fears Grow

Bitcoin is approaching a make-or-break weekend. After failing to hold $83,000, the cryptocurrency is now facing a more uncomfortable level at $80,000. Analyst Benjamin Cowen warns that a weekly close below $83,000 on October 25 would strengthen his bearish outlook…

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Uniswap Sees Biggest Wallet Surge in 4 Years. Will UNI Rally?

Uniswap (UNI) has lost 25.75% of its value over the past month, sliding to $6.93. On-chain data, however, shows new users arriving at the fastest pace since November 2022. Santiment counted 2,295 new UNI wallets in a single day. The…

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AI Bubble Fears Trigger a Surprising Shift to Swiss Stocks

Swiss blue chips lead euro-area peers by almost 8 percentage points in October, the widest gap since March 2020. The Swiss Market Index (SMI) is up 4.6% this month, and the Euro Stoxx 50 is down 3.2%. Bloomberg linked the…