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Global Searches for 'Onchain' Hit All-Time High: A New Era Emerges

In a significant development, worldwide Google searches for the term "onchain" have reached an all-time high, according to Google Trends data. This surge indicates a burgeoning interest in blockchain technology, marking the transition from niche jargon to mainstream understanding. CryptoQuant CEO Ki Young Ju heralds this as the dawn of a new era, emphasizing the growing importance of on-chain data and applications.

Key Points:

1. Surge in Search Interest:

Between May 26 and June 1, search interest in "onchain" skyrocketed to 100 on Google’s index, up from a usual range of 25 to 30.
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#Crypto #mews #NEWS #decentralized #memecoins #BITCOIN  #googletrends #onchain #bullmarket
Bitcoin Rebounds to $62K, Hinting at Strong Bullish Momentum

Bitcoin reclaims $62K after "Crypto Black Monday," forming a bullish hammer on the weekly chart. Traders expect further gains, signaling a potential bottom.

Bitcoin has made a strong comeback, crossing the $62,000 mark for the first time since early August. This rebound comes after a sharp decline dubbed "Crypto Black Monday," where the price briefly dipped below $50,000. The rapid recovery has sparked optimism among traders, with many pointing to a bullish pattern on the weekly chart that suggests Bitcoin may have found its bottom.
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#Crypto #mews #NEWS #decentralized #memecoins #BITCOIN #BullMarket
Bitcoin Exchange Reserves Hit New Low as $60K Retest Sparks Bullish Sentiment

Bitcoin reserves on exchanges have hit a yearly low, potentially setting the stage for a bull market if demand continues to grow, as Bitcoin nears $60,000.

Bitcoin is once again approaching the $60,000 mark, but this time with a key difference—exchange reserves have dropped to their lowest levels of the year. As analysts speculate on the implications, many believe this supply squeeze could be the catalyst for a sustained bull market, provided demand continues to rise.
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#Crypto #mews #NEWS #decentralized #memecoins #BITCOIN #BullMarket
Bitcoin Bulls Eye $65K as Key Resistance, Market Prepares for Breakthrough

Bitcoin approaches the $65K resistance level, with traders predicting a bullish breakout. Consolidation and global market sentiment are key factors to watch for BTC's next move.
Bitcoin traders are setting their sights on the $65,000 resistance level, predicting it as the key hurdle for BTC’s next bullish move. Despite a temporary sell-off with U.S. equities, analysts remain optimistic, forecasting consolidation before Bitcoin potentially breaks through this crucial level.
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#Crypto #mews #NEWS #decentralized #memecoins #BITCOIN #BullMarket
History Hints at a Bitcoin Breakout: Analyst Predicts Surge Within Days

A Bitcoin breakout could be days away, says analyst Rekt Capital, with historical data pointing to major price gains following BTC’s halving cycles.

Bitcoin could be on the verge of a major breakout, with historical patterns suggesting that the cryptocurrency is entering a critical phase. According to pseudonymous analyst Rekt Capital, Bitcoin’s reaccumulation phase may end, with a surge expected within the next few days.

In a post on X (formerly Twitter) on Sept. 24, the analyst pointed out that Bitcoin typically breaks out of its accumulation range around 154 to 161 days after its halving event. With the latest halving occurring on April 20, 2024—157 days ago—the breakout could happen imminently if history repeats itself.
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#Crypto #mews #NEWS #decentralized #memecoins #BITCOIN #BullMarket
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Bitcoin Stumbles at $64K: Macro Forces and Investor Caution Keep Price Growth in Check

Bitcoin faces resistance at $64,000 amid rising stocks, stronger US dollar, and investor risk aversion as geopolitical uncertainty and macroeconomic factors take center stage.

Bitcoin has struggled to break past the $64,000 resistance, driven by investor risk aversion amid macroeconomic uncertainty and strong stock market performance. Despite a brief rally, Bitcoin remains pinned below this key level as traders prioritize cash and equities over the crypto asset.
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#Crypto #mews #NEWS #decentralized #memecoins #BITCOIN #BullMarket
Bitcoin Surges Toward $70K as Market Dominance Hits Multi-Year High

Bitcoin's market dominance reaches a 3.5-year high as BTC nears $70K, with investors eyeing further gains amid positive on-chain metrics and ETF inflows.

Bitcoin is climbing toward the coveted $70,000 mark, fueled by increased demand and inflows into U.S. Bitcoin ETFs. Market dominance for the leading cryptocurrency is at its highest level since April 2021, signaling strong momentum as altcoins remain relatively quiet.

Key Points:

Bitcoin Nears $70K: Bitcoin has been climbing steadily in recent weeks, hitting a 10-week high of $67,800…..
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#Crypto #mews #NEWS #decentralized #memecoins #BITCOIN #Uptober #BullMarket

https://www.meowdini.news/post/bitcoin-surges-toward-70k-as-market-dominance-hits-multi-year-high
Bitcoin's Breakout Moment: Is BTC Ready to Leave Stocks in the Dust?

With technical tools predicting a breakout, Bitcoin's price surge could outpace US stocks. Is BTC about to enter new all-time high territory?

As Bitcoin flirts with the $69,000 mark, financial analysts are turning their attention to its potential to surpass the performance of U.S. stocks. A confluence of technical indicators suggests that BTC may be on the verge of a major breakout, leaving traditional equities behind. With historical trends supporting this bullish momentum, could Bitcoin's moment to shine be here?
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https://www.meowdini.news/post/bitcoin-s-breakout-moment-is-btc-ready-to-leave-stocks-in-the-dust

#Crypto #mews #NEWS #decentralized #memecoins #BITCOIN #bullmarket
Trump Victory Could Propel Bitcoin to $92K, Says Analyst

Jeff Park predicts Bitcoin could surge to $92,000 if Trump wins the 2024 US presidential election, marking a critical juncture for the crypto market.

The 2024 U.S. presidential election could be a pivotal moment for the cryptocurrency market, with many analysts predicting a surge in Bitcoin's price following a potential Donald Trump victory. Jeff Park of Bitwise suggests that Bitcoin could rally to $92,000, while other experts echo similar sentiments, forecasting major price jumps for crypto assets if Trump takes office.
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https://www.meowdini.news/post/trump-victory-could-propel-bitcoin-to-92k-says-analyst

#Crypto #mews #NEWS #decentralized #memecoins #BITCOIN #Bullmarket
Bitcoin Primed for New Heights: Election Hype and Market Conditions Fuel BTC Surge

Bitfinex analysts predict Bitcoin could reach an all-time high post-election, with “perfect storm” conditions fueling bullish momentum in November.

With the U.S. election around the corner, Bitcoin is showing bullish signs that could push it to record highs. Bitfinex analysts highlight how the combination of election hype, positive sentiment, and a “Trump trade” narrative could create a powerful upswing for BTC in the coming weeks.

Key Points

* Election Momentum: Analysts see the potential for Bitcoin’s price to rise with election outcomes, particularly a Trump victory, which has garnered positive sentiment in crypto markets.


* Recent BTC Rally: Bitcoin’s price recently jumped 4.9%, reaching a near five-month high of $71,086 and approaching its March all-time high of $73,700.
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https://www.meowdini.news/post/bitcoin-primed-for-new-heights-election-hype-and-market-conditions-fuel-btc-surge

#Crypto #mews #NEWS #decentralized #memecoins #BITCOIN #bullmarket