Category: Bitcoin
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Bitcoin Price Gains Steam: Is a New Surge on the Horizon?
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Bitcoin price started a new rally above the $65,500 resistance area. BTC is now consolidating and may cross the $68,000 resistance level to continue higher. Bitcoin price has risen by more than 7% and is now showing a lot of positive signs. The price is trading above $66,500 and the…
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President Harris Should Buy Bitcoin to Pay Black Americans Reparations
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Not so fast. Let’s take this seriously. Vice President Kamala Harris launched her first cryptocurrency policy yesterday, pledging to help protect Black Americans who invest in cryptocurrencies. This is the standard issue for the Democratic Party in 2024, where, as Nick points out, the anti-racist cause is alive and well.…
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Bitcoin Price Is Trying To Break 200-MA That Led To Parabolic Surge In The Past, Will It Succeed Again?
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Bitcoin price This week started on a high note In what was an unprecedented move for many market participants. After spending the first days of October frustrating investors, the price of Bitcoin has soared It raked in over $66,000 For the first time in several weeks. Interestingly, this price action…
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Art Under Surveillance: Ripcache’s Radical Take at Bitcoin Amsterdam
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Ripcache, a pseudonymous artist, explores themes of surveillance and privacy through a 1-bit pixelated aesthetic. By examining the impact of modern surveillance on centralized and decentralized systems, Rebkach’s work examines the trade-offs in the advanced digital age. Their latest series, “Hyperscalers,” debuted on the main stage at Bitcoin Amsterdam, with…
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CORVA: Bitcoin Can Reduce Racism
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Follow Frank on X. On the face of it, “Bitcoin can reduce racism” seems ridiculous, if not downright insulting to those who have been victims of racism. It presupposes that an open source protocol, completely indifferent to the whims of human emotion, could have any effect at all on reducing…
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BlackRock CEO Unleashes Bitcoin Bombshell In Earnings Call
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During BlackRock’s third-quarter earnings call, CEO Larry Fink expressed his strong endorsement of Bitcoin and digital assets. Fink’s comment not only emphasized Bitcoin as an asset class in its own right, but also paralleled its booming importance with historical financial markets such as mortgages, now worth $11 trillion, and high-yield…
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Blackrock CEO Is Right: Trump and Kamala Can’t Stop Bitcoin
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I’ll admit – just a few years ago, I was shocked to hear myself say the CEO of BlackRock was making good points about Bitcoin. As the head of the world’s largest asset manager, I assumed Larry Fink would be Bitcoin’s biggest critic. But compared to dismissive statements about Bitcoin…
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Why Bitcoin Price Blasted Past $66,500: Key Reasons Revealed
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This article is also available in Spanish. Bitcoin has seen a significant rally, rising from a low of $62,050 on Sunday to a peak of $66,500 late Monday. As of Tuesday, Bitcoin price is correcting slightly below this key resistance level, but is hovering above $65,000. Several critical factors have…
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Bitcoin Leads As Crypto Fund Inflows Hit $407M—What’s Driving the Surge?
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The cryptocurrency market witnessed a huge influx of investments last week, with prominent factors playing a major role in changing investor sentiment. According to another a report From CoinShares, digital asset investment products saw net inflows of $407 million globally, marking a sharp rebound after the previous week of outflows.…
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Bitcoin Leads As Crypto Fund Inflows Hit $407M—What’s Driving the Surge?
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The cryptocurrency market witnessed a huge influx of investments last week, with prominent factors playing a major role in changing investor sentiment. According to another a report From CoinShares, digital asset investment products saw net inflows of $407 million globally, marking a sharp rebound after the previous week of outflows.…
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Bitcoin Bulls Take BTC To $66,000, $130M Crypto Shorts Rekt
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Data indicates that the cryptocurrency derivatives sector has suffered a lot of liquidations as Bitcoin rose to the $66,000 level. Bitcoin has now recovered to the $66,000 level Last day was a great time for Bitcoin investors as the price showed a sharp recovery spurt, taking it to the $66,000…
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Bitcoin Mining Profitability Slumped In September – What’s In Store For October?
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According to a recent report from Jefferies, Bitcoin (BTC) mining profitability declined in September while the network hash rate continued to rise. Bitcoin mining profitability is on a downward trend In a report published on Sunday, investment bank Jefferies explained that Bitcoin mining profitability fell in September compared to August.…
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Bitcoin Open Interest Hits Record $19.8 Billion—Is The $100K Rally About to Begin?
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Bitcoin price is rising, reaching $66,173 today; The original appears to have reached prominence behind the scenes. According to CryptoQuant analyst EgyHash, Bitcoin’s open interest — a measure of the total number of outstanding derivatives contracts — has risen. receipt New all-time high. This development indicates increased activity in the…
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Bitcoin ‘Illiquid’ Supply Sets New 14.7M ATH: What It Means
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On-chain data shows that Bitcoin’s illiquid supply has risen to a new all-time high (ATH) recently. Here’s what this could mean for the asset. About 74% of Bitcoin supply currently in circulation is “illiquid.” In new mail On X Day, analyst James Van Straaten discussed the latest trend in Bitcoin’s…
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CORVA: Welcome To The Empowerment Epoch — Bitcoin As The People’s Money
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Follow Frank on X. At the Oslo Freedom Forum this year, Len Alden argued that Bitcoin is now liquid enough to be used in a human rights context, a compelling argument with which I agree. Bitcoin, which now has a market capitalization of more than $1.2 trillion, is less volatile…
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German Firm Raises $32.8M For Bitcoin, Aims To Rival Saylor
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Samara Asset Group, a publicly listed German investment firm, announced plans to raise up to 30 million euros ($32.8 million) through the issuance of senior secured Nordic bonds. The capital raise aims to expand the company’s investment portfolio and significantly increase its Bitcoin holdings, making it able to compete with…
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Kamala Harris Proves She’s the Worst Candidate for Bitcoin Ownership and Adoption
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Follow Nicholas on X here Kamala Harris Announce Today, it “supports the regulatory framework for cryptocurrencies and other digital assets so that Black men who invest in and own these assets are protected.” No, this isn’t clickbait: Harris’ first specific crypto policy is here, and it’s race-based. As a Bitcoin…
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What’s Behind Bitcoin And Ethereum’s Exchange Exodus?
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This article is also available in Spanish. Cryptocurrency investors are not keen on dealing with cryptocurrency trading platforms, which has led to dwindling exchange reserves of Bitcoin and Ethereum. Centralized exchanges on Bitcoin and Ethereum have reached a historic low after investors and cryptocurrency enthusiasts opted for self-custodial solutions for…
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Bitcoin Price Hits $64,000: Here Are Some Marker-Moving Events To Watch Out For This Week
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Bitcoin price is Back above $64,000Sparking bullish sentiment that the long-awaited “Uptober” rally is set to begin. to be sure Macro events It will happen this week, which market participants should pay attention to as it may impact the cryptocurrency market. Macro events to watch out for as Bitcoin price…
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Bitcoin Google Search Volume Falls To New 2024 Low — What’s Happening?
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After a strong start to 2024, Bitcoin’s price performance has been mostly disappointing throughout the year, failing to capitalize on the strong momentum of exchange-traded funds (ETFs). Despite its choppy nature, Bitcoin price action has been one of the most talked about topics in the cryptocurrency space this year. However,…