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Bitcoin (BTC) Dips Below 200-Day Average, XRP Eyes Death Cross

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Bitcoin BTC$111,502.81 has broken below the critical 200-day simple moving average of $109,380, signaling potential weakness ahead as the dollar index (DXY) continues to gain momentum. The breakdown could trigger more selling from chart-focused traders, potentially pushing bitcoin towards $100,000 or lower. The dollar index, which measures the U.S. dollar against major fiat currencies, climbed […]

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Short Ether (ETH) to hedge your BTC Longs, the firm says

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A research firm has advised its clients to hedge their bullish bitcoin BTC$111,502.81 positions by taking short positions in ether ETH$3,944.51the native token of the Ethereum blockchain, deviating from the generally optimistic forecasts for an ETH rally by the end of the year. “Our altcoin model continues to favor short ETH versus long BTC,” Markus

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Bitcoin trades at $109,000 as US ETF demand fades and Powell’s hawkish tone hits risk assets

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Good morning, Asia. Here’s what’s making news in the markets: Welcome to the Asia Morning Briefing, a daily overview of top stories in US hours and an overview of market movements and analysis. For a detailed overview of US markets, see CoinDesk’s Crypto Daybook Americas. Bitcoin is trading around $109,000 as Hong Kong begins its

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Ethereum developers lock Fusaka upgrade to December 3rd with PeerDAS rollout

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Ethereum developers have officially penciled in the long-awaited Fusaka upgrade for December 3rd, following a decision made during the network’s bi-weekly coordination call on Thursday. The move starts the countdown to Ethereum’s second hard fork in 2025. The Fusaka upgrade’s headline feature is PeerDAS, one of 12 enhancements included in the release. PeerDAS allows validators

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Altcoin Daily Says Bitcoin Could Fall to $103k, Godbole Sees First Support at $97K

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Analysts on October 30 (UTC) pointed to long-term trend tests, crowd fears and a first support zone, while CoinDesk Research’s technical analysis data model showed heavier trading and a tight range near support. Analyst comments Altcoin Daily pointed out that it is common in bull markets for bitcoin to retest the 50-week moving average, placing

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Ethereum (ETH) price under pressure from macro headwinds despite ‘Fuska’ upgrade news

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Ether then slipped and bounced late as activity picked up and the trading range tightened, leaving nearby checkpoints in focus. ContextShares fell as the S&P 500 closed 0.99% at 6,822.34 and the Nasdaq Composite lost 1.57% at 23,581.14. The VIX rose to 17.22, up 1.77% on the day. The macro tone also remained cautious after

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