Category: Bitcoin
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Bitcoin Coinbase Premium Sees Red Plunge: BTC Rally Done?
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Data indicates that the Bitcoin Coinbase Premium Index has fallen into negative territory along with the recent decline in asset prices. The Bitcoin Coinbase Premium indicator is currently in the red zone As one of the analysts at CryptoQuant Quicktake explained mailThe Coinbase Premium Index has seen a decline recently.…
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Is The Bitcoin Cycle Top In? On-Chain Signals You Need To Know
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This article is also available in Spanish. Bitcoin’s price decline from a new all-time high of $108,353 on Tuesday to around $96,000 (a -11.5% decline) has sparked intense speculation about whether the current bull cycle is approaching its peak. To address the growing uncertainty, Rafael Schulz-Kraft, co-founder of on-chain analytics…
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Is Bitcoin Dominance About To Give Way To Altseason? Analysts React
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Bitcoin (BTC) fell from a high of $108,135 on December 17 to $99,500, following hawkish comments made by US Federal Reserve Chairman Jerome Powell yesterday. However, some cryptocurrency analysts are pinning their hopes on a potential decline in Bitcoin’s (BTC.D) dominance, which could pave the way for an upswing. com.…
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The IMF Just Improved El Salvador’s Bitcoin Law
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Follow Aaron on our or X. International Monetary Fund yesterday Announce They reached a $1.4 billion loan deal with El Salvador. In contrast, the Central American country that introduced legal Bitcoin in 2021 has had to remove some of its pro-Bitcoin policies. I spent about three months in El Salvador…
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Crypto Liquidations At $800m As Bitcoin Crashes Under $100k
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Data shows that a large amount of liquidations have accumulated on cryptocurrency exchanges over the past day as Bitcoin and altcoins collapse. Bitcoin and other assets have seen downward movement in the past 24 hours Last day was a volatile time for the cryptocurrency sector, as the US Federal Reserve…
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Don’t Fall for the Bitcoin Crash – It’s Just a Breather
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If you have been following Bitcoin, you may have noticed the pullback yesterday. It fell from $108,000 to $99,000 after the FOMC meeting, where the Fed cut interest rates. When Jerome Powell, Chairman of the Federal Reserve, was asked about the Bitcoin Strategic Reserve, He said: “We are not allowed…
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Foundation Introduces Passport Prime: Bitcoin Wallet And Data Security Device
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On Wednesday, December 19, 2024, the Foundation announced the launch of its latest device, which is Prime Minister’s passport. Introducing Passport Prime – your personal security platform! We’re excited to introduce Passport Prime, the world’s first personal security platform designed to secure your Bitcoin and your entire digital life. Think:…
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Bitcoin Exchange Transactions Hit Record Lows—What This Means For BTC’s Price
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This article is also available in Spanish. Bitcoin has seen significant price movements in the past few days, largely influenced by macroeconomic developments and market fundamentals. After the Federal Open Market Committee (FOMC) meeting and Federal Reserve Chairman Jerome Powell’s speech, the price of Bitcoin fell sharply to below $99,000.…
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Bitcoin Investors Are Now Up $67,000 On Average – And This Is Just The Start
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according to Whale alertThe average profit per Bitcoin has reached an all-time high of $67,088, at the time of writing. “The Potential Profit Per Token graph shows the potential profit token holders could make for each token if sold at a specific time,” the Whale Alert website explains. Whale Alert…
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Craig Wright Sentenced To 1 Year In Prison: The Self-Proclaimed Bitcoin Creator Faces Justice
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Craig Wright, the computer scientist who claims to be Satoshi Nakamoto, was the elusive inventor of Bitcoin. convicted On Thursday, a British judge sentenced him to a year in prison for contempt of court. The decision, issued by Justice James Edward Mellor, follows a comprehensive analysis of Wright’s conduct, which…
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Bukele Is The President of El Salvador, Not Bitcoin
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As a condition of the new IMF loan package, El Salvador’s President Bukele was forced to waive three aspects of the Bitcoin law passed in 2021: A legal tender mandate that requires companies to accept Bitcoin Shut down Chivo, state-run wallet and on/off service Tax payments in Bitcoin are no…
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Human Rights Foundation Donates 700,000,000 Satoshis To Fund Bitcoin Development And Projects
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today, Human Rights Foundation (HRF) announced its latest tour Bitcoin Development Fund Grants, in a press release sent to Bitcoin Magazine. 700,000,000 satoshis (7 bitcoins), currently worth US$706,000 at the time of writing, have been awarded across 20 different projects around the world with a focus on arts education for…
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Bitcoin Price Reaction Unraveled With Future Projections
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This article is also available in Spanish. The price of Bitcoin witnessed a significant decline on Wednesday, as it briefly fell below the $100,000 level, in light of the US Federal Reserve’s dovish outlook on… Interest rate cuts Crypto investments have declined. At one point in Wednesday’s trading session, the…
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Who’s Selling Bitcoin At $100,000+? A Look At Profit-Takers
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Here’s what the on-chain data says regarding which segment of the Bitcoin market was involved in selling at the most recent high prices. Bitcoin investors have been showing 90+ days of activity recently As the YouTuber pointed out in the X mailHowever, there is still only one sector of the…
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Bitcoin Exchange Reserves Hit Record Low, Could $120K Be on the Horizon?
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Bitcoin has seen sustained upward momentum in recent weeks which has led to consistent new highs for the asset. According to recent analysis, it appears that this momentum is not just random, but comes amid major movements behind the scenes. Especially the last one Data This indicates that Bitcoin reserves…
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BlackRock’s New Bitcoin Ad Is A Monumental Paradigm Shift
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Follow Nicholas on ? here for daily posts Yesterday, BlackRock released a new video aimed at educating people interested in Bitcoin about the asset class. The video is honestly very good. I think they were inspired by Saif El-Din Ammous’s book “The Bitcoin Standard,” which discusses the history of money…
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What is the Bitcoin Puell Multiple Indicator and How Does It Work?
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In the world of Bitcoin investing, understanding market cycles is key to identifying buying opportunities and spotting potential price peaks. One indicator that has stood the test of time in this regard is Multiple girls. Originally created by David Puell, this metric examines Bitcoin’s valuation through the lens of a…
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What is the Bitcoin Puell Multiple Indicator and How Does It Work?
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In the world of Bitcoin investing, understanding market cycles is key to identifying buying opportunities and spotting potential price peaks. One indicator that has stood the test of time in this regard is Multiple girls. Originally created by David Puell, this metric examines Bitcoin’s valuation through the lens of a…
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Bitcoin Surges To A New All-Time High: Critics And Skeptics Still Linger
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Bitcoin’s bullish momentum It remains steady, reaching a new all-time high and showing potential for further price growth towards critical resistance levels. While the latest move has sparked a wave of optimism about its future performance, pessimism still remains among many individuals. Skeptics have not changed due to Bitcoin’s bullish…
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Nic Carter Is Wrong About the US Strategic Bitcoin Reserve
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When I saw Nick Carter Recent Bloomberg interviewI couldn’t help but shake my head. Nick, who has been a long-time Bitcoin supporter and someone I respect, said the US should not and will not buy Bitcoin for its strategic reserves because it would supposedly signal a weaker dollar on the…