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Why is Bitcoin price up today?
Why is Bitcoin price up today?

Cointelegraph·2024/10/24 20:35
AI-Powered GOAT Coin Breaks All-Time High, Surges 18% in 24 Hours
AI-Powered GOAT Coin Breaks All-Time High, Surges 18% in 24 Hours

GOAT’s recent surge reflects strong investor interest in AI-driven cryptocurrencies. Key support at $0.00003611 and resistance near $0.000048 shape price movements. Liquidations of $2.44M signal volatile trading conditions for GOAT in the market.

CoinEdition·2024/10/24 16:00
Crypto Whale Accumulates $5.9M in WETH: Smart Money or Risky Bet?
Crypto Whale Accumulates $5.9M in WETH: Smart Money or Risky Bet?

High-win smart money accumulates 7,428 WETH in 13 rounds, per Arkham Intelligence. The anonymous trader transfers $5.98M in a single 2,379 WETH transaction. Trader’s average acquisition cost stands at $2,477 per WETH.

CoinEdition·2024/10/24 16:00
Flash
  • 03:43
    Data: Since the beginning of this month, the on-chain USDT supply of Aptos has increased from about 20 million to approximately 100 million
    According to Token Terminal data, the supply of USDT circulating on the Aptos network continues to rise. Since the beginning of this month, the supply of USDT on the Aptos chain has increased from about 20 million to about 100 million.
  • 03:34
    Amber Group associated address withdrew 6.92 million ENA from CEX 10 hours ago, valued at 4.78 million US dollars
    According to on-chain analyst @ai_9684xtpa, Amber Group's associated address withdrew 6.92 million ENA from CEX 10 hours ago, worth 4.78 million USD. It has now been distributed to two wallet addresses, and the receiving addresses have not yet transferred or sold. Due to market improvement, the issuance of USDe has risen to 4.1 billion coins, and sUSDeAPY has also rebounded to 29%; In the past seven days, the price of ENA coin has increased by nearly 20%, with a current price of $0.7119.
  • 03:29
    10x Research: Dramatic decline in money supply triggers concerns among Bitcoin traders
    According to 10x Research on X, the global money supply has increased by more than 50 trillion US dollars in the past decade, a macroeconomic indicator that is often discussed. This surge seems to benefit Bitcoin holders as the "money printing" effect enhances its appeal as a hedge tool. However, the global money supply has recently experienced another sharp increase, which historically leads to changes in Bitcoin prices about ten weeks later. But after that, it saw a significant decline. Therefore, traders who are bullish on Bitcoin based on summer money supply growth data may now need to shift to a bearish attitude.
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