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Bill Miller Explains Why Bitcoin Is Still Undervalued


Bill Miller IV, chairman and CIO of Miller Value Partners, has explained why bitcoin is undervalued despite the cryptocurrency’s recent highs. He emphasized bitcoin’s potential as a revolutionary monetary system superior to fiat currencies, which are subject to human control...

Ethereum Technical Analysis: ETH Faces Tight Trading Range Under Resistance


Ethereum (ETH) continues to showcase its volatility and potential for strategic trading. As of June 10, 2024, ethereum’s price stands at $3,677, reflecting a daily range of $3,654 to $3,714. Ethereum Ethereum’s 1-hour chart reveals short-term volatility, with ether’s price...

Bitcoin Technical Analysis: BTC Holds Steady Amidst Consolidation Phase


Bitcoin’s price stands at $69,352, within a 24-hour intraday range of $69,213 to $69,840. The leading crypto asset’s market capitalization is $1.36 trillion, with a 24-hour trade volume of $14.83 billion. Bitcoin The hourly chart for bitcoin (BTC) indicates a phase of consolidation...

Bitcoin Premium in South Korea Increases, Reflecting Strong Local Demand


After falling below $70,000, bitcoin has stabilized above the $69,000 mark. In contrast, South Korea has seen a notable rise in the premium for bitcoin. South Korea’s Bitcoin Premium Rebounds After Hitting Recent Low Recently, bitcoin (BTC) saw its infamous premium in South Korea drop below...

Bitcoin Dips Below $70K, Reaches $68,450 Low, $86M in BTC Longs Liquidated


The price of bitcoin fell on Friday afternoon after spending several days above the $70,000 mark. The value dropped to $68,450 on Bitstamp, currently down $1,700 from its intraday high. Bitcoin’s Sudden Drop Impacts Entire Crypto Economy Wipes Out $454M in Longs Bitcoin (BTC) plummeted to...

Bitcoin Technical Analysis: BTC Shows Promising Signs Across All Time Frames


Bitcoin’s price currently stands at $71,347, showing an impressive rise within the 24-hour intraday range of $70,065 to $71,595. With a trading volume of $25.17 billion and a market capitalization of $1.4 trillion, bitcoin has gained 4.9% this week, 5.6% over the past two weeks, and 14.4%...

Ethereum Technical Analysis: Bulls Face Critical Resistance at $3,900


Ethereum’s price over the past hour has been $3,785 to $3,816, showing an intraday range between $3,746 and $3,837 in the last 24 hours. The crypto’s market capitalization today stands at $458 billion, with a 24-hour trade volume of $10.75 billion. Ethereum On the 1-hour chart, ethereum...

Bitcoin Technical Analysis: Bulls Poised for Next Leg up, Targeting $70K


Over the past hour, bitcoin’s price has ranged from $68,915 to $69,121, with an intraday spread between $67,440 and $69,305. The 24-hour trading volume for bitcoin (BTC) is $23.02 billion, indicating robust market activity. The market capitalization of bitcoin remains strong at $1.36...

Veteran Trader Peter Brandt Predicts 100 Oz of Gold per Bitcoin


Veteran trader Peter Brandt, with over four decades of experience, has highlighted bitcoin’s consistent gains against gold since its inception, foreseeing that 100 ounces of gold will be needed to buy a bitcoin. Meanwhile, Peter Schiff has insisted that the cryptocurrency “has...

NFT Sales Dip Again: Ethereum Leads as Market Declines by 7.03%


Over the past week, non-fungible token (NFT) sales have declined again, slipping 7.03% compared to the previous week. During this period, $122.3 million in sales were recorded, with Ethereum-based NFTs taking the lead. 7-Day NFT Sales Slide 7.03% This week witnessed another seven days of subdued...

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