Category: Bitcoin
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A Bitcoin Node Behind Every Blade of Grass
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The debate in 2024 was about expanding Bitcoin’s self-custody versus hardening, with the assumption that the hardened Bitcoin protocol as it stands today is imperfect – but its sound monetary properties alone are enough to change the world for the better, so changes would impose unacceptable risks. This article will…
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A Bitcoin Node Behind Every Blade of Grass
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The debate in 2024 was about expanding Bitcoin’s self-custody versus hardening, with the assumption that the hardened Bitcoin protocol as it stands today is imperfect – but its sound monetary properties alone are enough to change the world for the better, so changes would impose unacceptable risks. This article will…
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Will Bitcoin Bounce Back? Traders Place Their Bets on a Rocky Q4, Data Shows
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So far, Bitcoin has seen significant volatility in the recent trading session, indicating weak investor sentiment. Earlier today, the coin surged to $57,300. However, the coin now appears to have lost ground after reaching this level as it is trading at $55,966, down 1.6%. This increase in volatility suggests that…
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Will Bitcoin Bounce Back? Traders Place Their Bets on a Rocky Q4, Data Shows
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So far, Bitcoin has seen significant volatility in the recent trading session, indicating weak investor sentiment. Earlier today, the coin surged to $57,300. However, the coin now appears to have lost ground after reaching this level as it is trading at $55,966, down 1.6%. This increase in volatility suggests that…
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Republican National Committee pledges to ‘defend the right to mine Bitcoin’
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The Republican National Committee (RNC) just endorsed a platform that plans to promote cryptocurrency mining and oppose the creation of a central bank digital currency. The Republican National Committee, led by Michael Whatley and Donald Trump’s daughter-in-law Lara Trump, has officially adopted its election platform, which includes a section on…
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Buy the Bitcoin Dip? Investors Seize Opportunity and Drive $441M Inflows: CoinShares
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The recent price weakness caused by Mt. Gox and selling pressure from the German government is likely to be seen as a buying opportunity, as evidenced by the $441 million inflow into cryptocurrency investment products over the past week. During the same period, ETPs recorded a low volume of $7.9…
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Bitcoin Miner Capitulation Still On, Hash Ribbons Suggest
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On-chain data shows that Bitcoin Hash Ribbons indicate that miners are still under tremendous pressure as they continue to capitulate. Bitcoin’s tickers have yet to signal the end of miner capitulation in mail On X day, CryptoQuant Community Manager Martin shared what the latest trend in Bitcoin’s hash bars looks…
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Bitcoin Miner Capitulation Still On, Hash Ribbons Suggest
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On-chain data shows that Bitcoin Hash Ribbons indicate that miners are still under tremendous pressure as they continue to capitulate. Bitcoin’s tickers have yet to signal the end of miner capitulation in mail On X day, CryptoQuant Community Manager Martin shared what the latest trend in Bitcoin’s hash bars looks…
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Bitcoin Mining Difficulty Crashes 5% To Lowest Level In 3 Months, What Happens Next?
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Recent data shows that Bitcoin mining difficulty is down and has hit its lowest levels since May. This is significant considering what this could mean for the Bitcoin ecosystem, especially Bitcoin price. Bitcoin mining difficulty drops to 79.5 trillion Data From CoinWarz it appears that: Bitcoin mining difficulty It dropped…
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Bitcoin Mining Difficulty Crashes 5% To Lowest Level In 3 Months, What Happens Next?
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Recent data shows that Bitcoin mining difficulty is down and has hit its lowest levels since May. This is significant considering what this could mean for the Bitcoin ecosystem, especially Bitcoin price. Bitcoin mining difficulty drops to 79.5 trillion Data From CoinWarz it appears that: Bitcoin mining difficulty It dropped…
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German Government Prepares To Sell Another $900 Million In Bitcoin
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The German government began preparing for its largest bitcoin sale to date on Monday, sending $900 million of the digital currency to trading venues. On-chain data from Arkham Intelligence shows that over 16,000 BTC left the exchange’s wallet on July 8, leaving 23,787.7 BTC ($1.35 billion) remaining in its vaults.…
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The German Government Is Selling More Bitcoin – $28 Million Moves to Exchanges
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The German government continued to transfer parts of its massive bitcoin stash to exchanges on Monday, moving more than $56 million across multiple transactions. according to Blockchain DataAt 14:48 UTC+8 today, addresses linked to the German government transferred a total of 500 BTC to Bitstamp and Coinbase (250 BTC each),…
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Bitcoin Starts July On A Bearish Note, Will CPI Data Change The Narrative This Week?
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The start of July was not as positive for the Bitcoin and cryptocurrency markets as previously expected due to a number of events that shook the market. For example, the Ethereum ETF did not launch on July 2nd as expected, and the US and German governments reportedly sold large amounts…
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Legal Expert Praises Bitcoin, Labels It Freedom Against Financial Control, Here’s Why
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In a recent public statement, John E. Deaton, a well-known legal expert and cryptocurrency advocate, said: Named Bitcoin, the largest digital asset, is a symbol of financial freedom and a key tool in the fight against centralized financial control from prominent figures such as US Senator Elizabeth Warren. Deaton’s praise…
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Legal Expert Praises Bitcoin, Labels It Freedom Against Financial Control, Here’s Why
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In a recent public statement, John E. Deaton, a well-known legal expert and cryptocurrency advocate, said: Named Bitcoin, the largest digital asset, is a symbol of financial freedom and a key tool in the fight against centralized financial control from prominent figures such as US Senator Elizabeth Warren. Deaton’s praise…
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Altcoins BRETT, PEPE, WIF, and JUP plummet 10% as Bitcoin drops 4%
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On July 8, the majority of altcoins were seen in the red, including BRETT, PEPE, WIF, and JUP, which fell by more than 10% as Bitcoin, the world’s largest cryptocurrency, fell by 4% in the past day. At the time of writing, BRETT, the meme coin inspired by the character…
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Altcoins BRETT, PEPE, WIF, and JUP plummet 10% as Bitcoin drops 4%
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On July 8, the majority of altcoins were seen in the red, including BRETT, PEPE, WIF, and JUP, which fell by more than 10% as Bitcoin, the world’s largest cryptocurrency, fell by 4% in the past day. At the time of writing, BRETT, the meme coin inspired by the character…
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Bitcoin Spot ETFs Witness Month-High Inflow Following Latest Market Downturn
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Bitcoin price has not had a great start to the third quarter of 2024 after falling to a multi-month low last week. On the other hand, Bitcoin exchange-traded funds (ETFs) appear to be benefiting from the recent price decline, having recorded a positive week in terms of capital inflows. According…