According to crypto analyst PlanB, bitcoin's Relative Strength Index (RSI) has almost reached 75
And this value has often been seen during periods of strong growth (for example, in 2013, 2017 and 2021).
He believes that in this cycle, the market could spend several months with an RSI above 80 - as it has in past bullruns.
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And this value has often been seen during periods of strong growth (for example, in 2013, 2017 and 2021).
He believes that in this cycle, the market could spend several months with an RSI above 80 - as it has in past bullruns.
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Add these foods to your diet:
π₯ Eggs - protein and fats for satiety.
π₯ Avocados - healthy fats to boost your metabolism.
π Chicken - the perfect source of protein.
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CNBC financial commentator Jim Cramer said he has acquired "a lot" of bitcoin and Ethereum
He plans to pass them on to his children as a defence against the growing US national debt, which has surpassed $37 trillion.
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He plans to pass them on to his children as a defence against the growing US national debt, which has surpassed $37 trillion.
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Sam Altman shares interesting predictions about the future of AI and human society
- Education in the usual format will become unnecessary for the generation that is just coming into the world.
- The new model handles profile tasks better than Sam himself and, according to him, will soon be able to take over the functions of the CEO. Running large companies may soon be the business of machines.
- Future models will think, code, negotiate and plan faster than humans. Many professions will be affected.
- Machines will become not just assistants, but managers in their own right. Even in OpenAI itself, the role of CEO may fall to the system.
- Altman believes that the collective benefits of AI are preferable to simple cash payments to the public.
- When GPT-5 instantly solved a complex problem, Altman felt his own futility - a feeling that may soon become widespread.
- Within 40 years, procreation could move entirely into the realm of biotechnology.
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- Education in the usual format will become unnecessary for the generation that is just coming into the world.
- The new model handles profile tasks better than Sam himself and, according to him, will soon be able to take over the functions of the CEO. Running large companies may soon be the business of machines.
- Future models will think, code, negotiate and plan faster than humans. Many professions will be affected.
- Machines will become not just assistants, but managers in their own right. Even in OpenAI itself, the role of CEO may fall to the system.
- Altman believes that the collective benefits of AI are preferable to simple cash payments to the public.
- When GPT-5 instantly solved a complex problem, Altman felt his own futility - a feeling that may soon become widespread.
- Within 40 years, procreation could move entirely into the realm of biotechnology.
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Blockware analyst Mitchell Askew stated that Bitcoin will no longer demonstrate βparabolicβ rallies or βdevastatingβ bear cycles, as institutional investors have changed the market dynamics.
He predicted that Bitcoin would rise to $1 million in 10 years thanks to constant fluctuations between βpumpingβ and βconsolidation.β But he added that such a model would βdeadly tireβ everyone and knock βtourists out of their positions.β
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He predicted that Bitcoin would rise to $1 million in 10 years thanks to constant fluctuations between βpumpingβ and βconsolidation.β But he added that such a model would βdeadly tireβ everyone and knock βtourists out of their positions.β
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CryptoQuant analysts have noted that the current dynamics of the MVRV 365DMA indicator resemble the situation in 2021, when the market reversed after forming a βdouble topβ pattern.
The chart structure is almost identical to that seen before the bear market two years ago. Presumably, the peak of the current cycle will form by the end of August or early September.
However, it is important to remember that MVRV is a lagging indicator, so the actual reversal may occur slightly earlier.
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The chart structure is almost identical to that seen before the bear market two years ago. Presumably, the peak of the current cycle will form by the end of August or early September.
However, it is important to remember that MVRV is a lagging indicator, so the actual reversal may occur slightly earlier.
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Bitmine analysts have presented a forecast that Ethereum could grow to over $700,000 per 1 ETH
Provided that the world economy fully switches to tokenisation of assets.
The analysts call the level of $60,000 per ETH an intermediate target, assuming a gradual growth following the expansion of tokenisation in the global market.
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Provided that the world economy fully switches to tokenisation of assets.
The analysts call the level of $60,000 per ETH an intermediate target, assuming a gradual growth following the expansion of tokenisation in the global market.
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Crypto fund Abraxas Capital bet $800 million on a market decline.
They shorted BTC, ETH, SOL, and HYPE with 5xβ10x leverage.
However, given the market's growth, the fund's losses have already exceeded $100 million. The BTC position will be liquidated at a price of $156,000.
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They shorted BTC, ETH, SOL, and HYPE with 5xβ10x leverage.
However, given the market's growth, the fund's losses have already exceeded $100 million. The BTC position will be liquidated at a price of $156,000.
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X (formerly Twitter)
Arkham (@arkham) on X
ABRAXAS CAPITAL ARE DOWN OVER $100M ON THEIR SHORTS
The largest BTC + ETH shorts on Hyperliquid are owned by Abraxas Capital. Their account is shorting almost $800M of BTC, ETH, SOL and HYPE.
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The largest BTC + ETH shorts on Hyperliquid are owned by Abraxas Capital. Their account is shorting almost $800M of BTC, ETH, SOL and HYPE.
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BTCS Inc will raise an additional $2 billion to purchase ETH for its balance sheet.
This is how they plan to become a strategy player in the Ethereum world.
BTCS Inc was founded in 2013 under the name Bitcoin Shop as the first e-commerce startup to accept payments in BTC.
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This is how they plan to become a strategy player in the Ethereum world.
BTCS Inc was founded in 2013 under the name Bitcoin Shop as the first e-commerce startup to accept payments in BTC.
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Analysts at QCP Capital note that there is still a high probability of historical highs being updated, which will be facilitated by the inflow of institutional capital and positive changes in regulation.
Analysts currently expect the key rate to remain at its current level with a probability of 98%.
A correction of Bitcoin to the $110,000 level is also possible to test key support. The reason for this could be a βprice gapβ without significant trading volume at this level.
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Analysts currently expect the key rate to remain at its current level with a probability of 98%.
A correction of Bitcoin to the $110,000 level is also possible to test key support. The reason for this could be a βprice gapβ without significant trading volume at this level.
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States release first crypto policy report
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- Seized bitcoins will remain on the balance sheet of the US Treasury - they will not be sold on the market.
- The launch of the digital dollar (CBDC) from the Fed is prohibited - authorities believe it threatens financial stability and privacy.
- Banks are required to serve cryptocurrencies without pressure from regulators - the end of the "Operation Choke Point" era.
- DOJ stops scaring the industry with lawsuits instead of clear rules.
- Dollar-stablecoins are a priority: the US is betting on their development to strengthen USD's position in the digital economy.
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