Category: Bitcoin
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Analyst Says Bitcoin Price At $100,000 Is A ‘Dangerous Zone’, Predicts Massive Crash
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This article is also available in Spanish. The price of Bitcoin recently achieved a huge milestone, crossing the $100,000 threshold for the first time in its history. While this breakout is a major achievement for Bitcoin price, it also raises questions Where does it go from here?. The consensus among…
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Bitcoin Sets New ATH Above $104,000, Yet Investors Don’t Want To Sell
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Bitcoin hit a new all-time high (ATH) above the $104,000 mark over the past day, but on-chain data shows that investors are still unwilling to sell. Bitcoin exchange net flow remained negative during the recent rally As one of the analysts at CryptoQuant Quicktake explained mailBitcoin has continued to leave…
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Bitcoin ‘Shake-Out’ Sents Price From $102K To $92K – Here’s Why
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Finally, Bitcoin broke the $100,000 barrier, reaching an all-time high of $103,600. The event marked a historic moment for the cryptocurrency as investors and enthusiasts celebrated its journey to six figures. However, the euphoria was short-lived. Within hours, Bitcoin saw a sharp reversal, falling to $92,000 in a dramatic sell-off…
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Bitcoin ‘Shake-Out’ Sents Price From $102K To $92K – Here’s Why
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Finally, Bitcoin broke the $100,000 barrier, reaching an all-time high of $103,600. The event marked a historic moment for the cryptocurrency as investors and enthusiasts celebrated its journey to six figures. However, the euphoria was short-lived. Within hours, Bitcoin saw a sharp reversal, falling to $92,000 in a dramatic sell-off…
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The Joule Paradox: Energy sets the value of bitcoin and bitcoin sets the value of energy
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Early in our thinking about the interaction between bitcoin and energy it became obvious to me that the value of bitcoin was fundamentally underpinned by the amount of energy that went into producing the bitcoin. As with any free market system, the value of a widget (in this case bitcoin)…
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The Joule Paradox: Energy sets the value of bitcoin and bitcoin sets the value of energy
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Early in our thinking about the interaction between bitcoin and energy it became obvious to me that the value of bitcoin was fundamentally underpinned by the amount of energy that went into producing the bitcoin. As with any free market system, the value of a widget (in this case bitcoin)…
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Ex-Goldman Sachs CEO Believes Bitcoin Could Rival US Dollar
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In a post shared Thursday via X, former Goldman Sachs CEO Lloyd Blankfein acknowledged a potential competitive dynamic between Bitcoin and the US dollar in the context of global reserve currencies. Blankfein, who previously held skeptical views on digital assets, acknowledged that Bitcoin’s growth could put it in direct competition…
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Has Bitcoin Reached Its Cycle Top? Insights From Top Analysts
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This article is also available in Spanish. Bitcoin saw extreme volatility yesterday after hitting a new all-time high of $104,088 on Wednesday. What followed was a typical “Darth Maul” candle on the daily chart, as Bitcoin fell from $103,550 to $90,500 before stabilizing. While some observers initially read the move…
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Has Bitcoin Reached Its Cycle Top? Insights From Top Analysts
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This article is also available in Spanish. Bitcoin saw extreme volatility yesterday after hitting a new all-time high of $104,088 on Wednesday. What followed was a typical “Darth Maul” candle on the daily chart, as Bitcoin fell from $103,550 to $90,500 before stabilizing. While some observers initially read the move…
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Bitcoin Market Sees Strong Confidence Among Short-Term Holders Amid Growing Prices
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Investors and traders are reacting to Bitcoin after the notable growth in its price in the past few weeks, strengthening its position as a leading digital asset in the cryptocurrency market. However, reports indicate that this Strong optimism It is mainly spotted among short-term BTC investors. Bullish sentiment is shifting…
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Bitcoin Market Sees Strong Confidence Among Short-Term Holders Amid Growing Prices
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Investors and traders are reacting to Bitcoin after the notable growth in its price in the past few weeks, strengthening its position as a leading digital asset in the cryptocurrency market. However, reports indicate that this Strong optimism It is mainly spotted among short-term BTC investors. Bullish sentiment is shifting…
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As Bitcoin Hits $100,000, Analysts Warn Of Potential Pullback Amid High Funding Rates
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Bitcoin recently made headlines by breaching the $100,000 barrier for the first time, a feat that has contributed to increased trading and strategic hedging activity among investors. According to Bloomberg a reportThis increase has prompted some traders to seek protection against potential price declines, as demand for put options –…
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As Bitcoin Trades Above $100K—Analysts Reveal What Could Be Next
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This article is also available in Spanish. Bitcoin has achieved a major milestone, trading at six-figure levels for the first time since its inception. On Thursday, the cryptocurrency reached a new all-time high of $103,679, marking a year-to-date rise of more than 140% and pushing its market value past $2…
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As Bitcoin Trades Above $100K—Analysts Reveal What Could Be Next
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This article is also available in Spanish. Bitcoin has achieved a major milestone, trading at six-figure levels for the first time since its inception. On Thursday, the cryptocurrency reached a new all-time high of $103,679, marking a year-to-date rise of more than 140% and pushing its market value past $2…
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Bitcoin Breaks $100k As Institutional Demand Drives Price
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Data from CryptoQuant revealed how institutional investors were the drivers behind Bitcoin’s recent surge above $100,000. The Bitcoin Coinbase Premium Index has been positive recently In new mail On X, on-chain analytics firm CryptoQuant discussed the latest trend in the Bitcoin Coinbase Premium Index. The “Coinbase Premium Index” refers to…
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Bitcoin Breaks $100k As Institutional Demand Drives Price
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Data from CryptoQuant revealed how institutional investors were the drivers behind Bitcoin’s recent surge above $100,000. The Bitcoin Coinbase Premium Index has been positive recently In new mail On X, on-chain analytics firm CryptoQuant discussed the latest trend in the Bitcoin Coinbase Premium Index. The “Coinbase Premium Index” refers to…
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Bitcoin On Track To Replace Gold In 10 Years, Trading Firm Predicts
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This article is also available in Spanish. Bitcoin (BTC) It crashed Yesterday, the price reached $100,000, reaching $104,088 on the Binance cryptocurrency exchange. This historic price action has led analysts at trading firm Bernstein to assert that Bitcoin is well-positioned to replace gold over the next decade. Bernstein says bitcoin…
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Bitcoin Price Around $200,000 “Achievable” By 2025 End, Standard Chartered Says
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The price of Bitcoin (BTC) surged past $100,000 yesterday, driven by multiple positive developments throughout the year. The rise of the major cryptocurrency has led Standard Chartered Bank to predict that the price of Bitcoin could double to $200,000 by the end of 2025. The price of Bitcoin could double…
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Bitcoin Price Around $200,000 “Achievable” By 2025 End, Standard Chartered Says
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The price of Bitcoin (BTC) surged past $100,000 yesterday, driven by multiple positive developments throughout the year. The rise of the major cryptocurrency has led Standard Chartered Bank to predict that the price of Bitcoin could double to $200,000 by the end of 2025. The price of Bitcoin could double…
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Bitcoin Hits $100K – And Mt. Gox Makes A $2.4 Billion Power Play
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Finally, Bitcoin got… It exceeded $100,000 The threshold, which is the level that many cryptocurrency analysts have been predicting in the past few months. The long-inactive cryptocurrency exchange took advantage of the rise in Bitcoin prices and transferred more than 24,000 coins to a new wallet. Bitcoin breaks past the…