Category: Bitcoin
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Case Study: Enabling Bitcoin as a Medium of Exchange at the Bitcoin Asia Conference in Hong Kong
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The Bitcoin Asia conference held on May 9-10, 2024 in Hong Kong demonstrated a significant milestone in the adoption of Bitcoin as a legitimate medium of exchange. This article describes the strategies and technologies applied to facilitate seamless Bitcoin transactions of goods and services over the course of two days,…
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Bitcoin ETF Inflows Soar To Highest Level In Months As BTC Price Surges Past $68,000
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After enduring a significant 20% correction earlier this month that saw Bitcoin fall below $56,400 and increased outflows from the Bitcoin ETF market, the world’s largest cryptocurrency has managed to stage a strong comeback. It broke the key resistance level of $66,000 and turned it into a new support area.…
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Bitcoin price surges past $70k as daily trading volume soars
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Bitcoin (BTC) rose to $70,000 on Monday, its first rise to that level in more than a month. At the time of writing, Bitcoin’s price is up 5.8% in the past 24 hours and more than 10% in the past week. This increase comes ahead of the FIT21 Act vote…
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Programmable Bitcoin Blockchain – The Key To Triggering The Next Explosive Price Surge?
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Following the launch of the first spot Bitcoin exchange-traded funds (ETFs) in January and the halving event last month, cryptocurrency investors have been waiting for the next major catalyst to push Bitcoin to new heights beyond the current record of $73,700, which was set in March. 14. According to the…
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Bitcoin Policy Institute Launches Fund to Defend Non-Custodial Tools from Regulatory Threats
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the Bitcoin Policy Institute (BPI) announced its launch Peer to Peer Rights Fund, a strategic initiative aimed at protecting the decentralized, peer-to-peer integrity of the Bitcoin ecosystem. The Fund’s mission is to defend non-custodial tools and their developers from regulatory abuse, ensuring that innovation, privacy, and user autonomy remain protected.…
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Bitcoin Policy Institute Launches Fund to Defend Non-Custodial Tools from Regulatory Threats
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the Bitcoin Policy Institute (BPI) announced its launch Peer to Peer Rights Fund, a strategic initiative aimed at protecting the decentralized, peer-to-peer integrity of the Bitcoin ecosystem. The Fund’s mission is to defend non-custodial tools and their developers from regulatory abuse, ensuring that innovation, privacy, and user autonomy remain protected.…
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Max Keiser Explains How Tether and El Salvador Will Send Bitcoin (BTC) Price to $220K
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American broadcaster and Bitcoin supporter, Max Keizer, believes that the source of the stablecoin Tether and El Salvador, combined with the decline of the US dollar (USD), will push the price of Bitcoin to $220,000 soon. on saturday tweetKeizer said the US dollar is doomed because inflation “is going to…
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Max Keiser Explains How Tether and El Salvador Will Send Bitcoin (BTC) Price to $220K
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American broadcaster and Bitcoin supporter, Max Keizer, believes that the source of the stablecoin Tether and El Salvador, combined with the decline of the US dollar (USD), will push the price of Bitcoin to $220,000 soon. on saturday tweetKeizer said the US dollar is doomed because inflation “is going to…
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Ruling Ends Fake Bitcoin Inventor Saga
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The long-running legal drama between the Cryptocurrency Open Patent Alliance (COPA) and Dr. Craig Steven Wright concluded today with a final decision. to rule From the court. Dr. Wright, who claimed to be Satoshi Nakamoto, the mysterious inventor of Bitcoin, was found to have engaged in widespread and deliberate deception…
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Bitcoin Network Sees Lowest New Addresses Created Since 2018
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Bitcoin (BTC) network activity in creating new addresses has dropped significantly, reaching its lowest level since July 2018. Despite this, Bitcoin is trading at around $67,000 after rising more than 7% in the past week. Decreased Bitcoin network activity Data from market intelligence platform IntoTheBlock reveals a 7-day average of…
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4 Key Reasons Why The Bitcoin Bull Run Is Far From Over
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In an analysis shared via TED’s insights are based on four important indicators related to traditional finance and cryptocurrency liquidity, each of which points to sustainable growth in the near future. Below is a breakdown of its analysis: #1 65-month liquidity cycle Ted highlights the 65-month liquidity cycle, a historical…
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4 Key Reasons Why The Bitcoin Bull Run Is Far From Over
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In an analysis shared via TED’s insights are based on four important indicators related to traditional finance and cryptocurrency liquidity, each of which points to sustainable growth in the near future. Below is a breakdown of its analysis: #1 65-month liquidity cycle Ted highlights the 65-month liquidity cycle, a historical…
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Bitcoin Price Dips Yet Stays Positive: Market Sentiment Remains Upbeat
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Bitcoin price extended its rally above the $67,500 resistance level. BTC tested the $68,000 resistance level and is currently correcting gains. Bitcoin started a downward correction after rising towards the $68,000 resistance area. The price is trading below the $67,000 level and the 100 hourly simple moving average. There was…
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NFT weekly sales drop to $145m, Bitcoin leads in downturn
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Over the past seven days, the non-fungible token (NFT) market has seen sales reach $145 million, reflecting a decline of more than 9% from the previous week. This contraction continues the trend of declining sales over recent weeks, with four out of five blockchains by sales volume seeing a decline…
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Crypto Institutions Gobble Up Billions In Bitcoin ETFs, Stockpiling 250,000 BTC
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Things are starting to turn around in the world of cryptocurrencies, with institutional investors having great success with Bitcoin exchange-traded funds (ETFs), while retail investors seem content to remain on the sidelines. A recent report from IntotheBlock paints a picture of a two-tiered market, with hedge funds and even pensions…
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Bitcoin Selling Pressure Subsides as Demand Stabilizes: CryptoQuant
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The price of Bitcoin (BTC) rose beyond the $60,000 level to the $67,000 region on news of a lower-than-expected inflation rate in the United States. According to the latest weekly CryptoQuant a reportBitcoin’s recent rally has also been sustained by the recent decline in selling pressure. However, the demand for…
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Bitcoin Whales Balance Returns To Pre-FTX Collapse Levels – Impact On BTC Price?
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Heading into 2024, Bitcoin ETFs (exchange-traded funds) and the halving event are arguably the biggest stories in the cryptocurrency space. The Securities and Exchange Commission (SEC) approved the first spot Bitcoin products in the US early on, pushing the price of the coin to a new all-time high. On the…
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Bitcoin institutional investing ‘happening now’
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Anthony Scaramucci, founder of SkyBridge Capital, doubles down on his belief that institutional embrace of Bitcoin (BTC) is well underway and expected to accelerate significantly in the coming quarters. Speaking on CNBC,Squawk box“, the former White House communications director highlighted recent developments, such as the entry of US pension funds…
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These Traditional Finance Giants Bought Bitcoin ETFs Last Quarter
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Bitcoin continues to reach new levels of adoption in the real world, as traditional finance (TradFi) companies embrace the digital asset at a remarkable pace. The significant investment in Bitcoin exchange-traded funds (ETFs) indicates growing institutional interest in cryptocurrency assets. Last quarter, a surprising number of US banks, investment managers,…
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This Crypto Trader Just Sold All His Bitcoin For Altcoins Like Cardano And XRP, Here’s Why
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Cryptocurrency expert Michael van de Poppe He recently revealed that he sold all his Bitcoin and moved his capital into altcoins. The analyst explained the reason for this move and noted that he was doing so to gain more… Pioneering encryption Later. Why this analyst swapped his bitcoin for altcoins…