Category: Bitcoin
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Bitcoin Sentiment Spikes After Mild Price Jump: Crowd Too Excited Too Quickly?
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Data shows that positive sentiment around Bitcoin has spiked on social media after Bitcoin rebounded above $58,000, meaning investors may be feeling a fear of missing out. The ratio of positive to negative sentiment towards Bitcoin has increased recently. According to data from the analytics company saintThe public has recently…
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Bitcoin Backed Token Announced By Coinbase: BTC Holders Can Now Access DeFi Apps on Base
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Bitcoin has risen more than 5% since Wednesday, but the past few weeks have been marked by volatility and uncertainty. However, Important Announcement from Coinbase It brings new optimism to BTC holders keen to explore DeFi opportunities. As of yesterday, Coinbase launched Coinbase Wrapped BTC (cbBTC), an ERC20 token backed…
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US Basketball Star’s Bullish Bitcoin Post Thrills Crypto Community
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Six-time NBA champion Scottie Pippen is making headlines again, this time for his bullishness on Bitcoin. On Wednesday, the Chicago Bulls star spoke to his 674,400+ followers (formerly Twitter) and said: “Optimistic about Bitcoin” With the hashtag #BeLikeSatoshi. Since then, it has become a hot topic of discussion among its…
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Bitcoin Price Action: What to Expect Next
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Bitcoin’s recent price action has investors worried about what might happen next. However, by looking at key indicators such as the 200-week moving average, Pi Cycle Top, and Golden Ratio Multiplier, we can gain insights into potential support and resistance levels for Bitcoin. Are you prone to falling? In recent…
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Bitcoin Price Action: What to Expect Next
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Bitcoin’s recent price action has investors worried about what might happen next. However, by looking at key indicators such as the 200-week moving average, Pi Cycle Top, and Golden Ratio Multiplier, we can gain insights into potential support and resistance levels for Bitcoin. Are you prone to falling? In recent…
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UK Parliament Proposes Bitcoin As Personal Property
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The UK Parliament is making waves by introducing groundbreaking legislation that recognizes Bitcoin and other cryptocurrencies as personal property. This bill, aimed at providing legal clarity and protection for digital asset holders, marks a significant step in the global acceptance of crypto assets. By classifying them as personal property, the…
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MicroStrategy Buys Additional $1.11 Billion Worth of Bitcoin
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MicroStrategy announced that it Purchased Bitcoin purchased 18,300 bitcoins for $1.11 billion, bringing its total holdings to 244,800 bitcoins purchased for $9.45 billion. The business intelligence firm, led by Bitcoin specialist Michael Saylor, has been steadily accumulating Bitcoin as part of its corporate strategy since 2020. MicroStrategy’s latest $1 billion…
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MicroStrategy Buys Additional $1.11 Billion Worth of Bitcoin
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MicroStrategy announced that it Purchased Bitcoin purchased 18,300 bitcoins for $1.11 billion, bringing its total holdings to 244,800 bitcoins purchased for $9.45 billion. The business intelligence firm, led by Bitcoin specialist Michael Saylor, has been steadily accumulating Bitcoin as part of its corporate strategy since 2020. MicroStrategy’s latest $1 billion…
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Bitcoin Price Set For Major Breakout? Coinbase Premium Signals Imminent Move
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Meet Samuel Ideyemi, nicknamed HIM-buktu. A web3 content writer, journalist, and aspiring trader, Ideyemi is a multi-talented person. With his flair for words and sense of trends, he has written for several industry players, including AMBCrypto, Blockchain.News, Blockchain Reporter, and more. Edemi’s adventure into the world of cryptocurrencies was cinematic.…
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Bitcoin Active Addresses Crash To 2021 Lows: What It Means
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On-chain data shows that the metric of active Bitcoin addresses has fallen to very low levels recently. Here’s what that could mean for the asset’s price. Active Bitcoin addresses over the 30-day average are now down to just 1 million As CryptoQuant author Axel Adler Jr. explains in a new…
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Bitcoin Active Addresses Crash To 2021 Lows: What It Means
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On-chain data shows that the metric of active Bitcoin addresses has fallen to very low levels recently. Here’s what that could mean for the asset’s price. Active Bitcoin addresses over the 30-day average are now down to just 1 million As CryptoQuant author Axel Adler Jr. explains in a new…
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Trump Election Victory Could Send Bitcoin to $125,000, Says Standard Chartered Analyst
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According to Jeff Kendrick, head of cryptocurrency research at Standard Chartered, says a Donald Trump win in the 2024 US presidential election could push bitcoin to $125,000. However, Kendrick notes that new record highs for bitcoin are likely regardless of who wins the election, with bitcoin still expected to hit…
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Revolutionizing Bitcoin Mining: The Power of Three-Phase Systems
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Bitcoin mining has seen tremendous growth since the first ASIC miner hit the market in 2013, improving the efficiency of devices from 1,200 J/TH to just 15 J/TH. While these advances were driven by better chip technology, we are now reaching the limits of silicon-based semiconductors. As more efficiencies stabilize,…
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Bitcoin ETFs Fuel Resurgence In Crypto Interest, According To Gemini’s 2024 Report
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Cryptocurrency exchange Gemini has released its 2024 Global Cryptocurrency Report, which provides valuable insights into current investor sentiment and Property Trends In the digital assets space, looking at the newly launched Ethereum and Bitcoin ETFs. Ethereum, Bitcoin ETFs Drive Billions in Institutional Flows the a reportAfter two turbulent years, the…
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Bitcoin Mining Difficulty Hits Record 92 Trillion
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Bitcoin mining difficulty hits all-time high of 92.67 trillion On September 11This represents a 3.04% increase over the past 24 hours and continues an upward trajectory in mining competition. the Bitcoin Difficulty Chart The graph plots the historical increases and decreases in mining difficulty over time. It measures how difficult…
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Bitcoin Mining Difficulty Hits Record 92 Trillion
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Bitcoin mining difficulty hits all-time high of 92.67 trillion On September 11This represents a 3.04% increase over the past 24 hours and continues an upward trajectory in mining competition. the Bitcoin Difficulty Chart The graph plots the historical increases and decreases in mining difficulty over time. It measures how difficult…
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El Salvador’s Bitcoin Office Celebrates 21 Months of Success, Sets Stage for Renaissance 2.0
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“Someone has to be there to maintain and iterate on the vision. There’s a tremendous amount of work to be done. When you have a thousand miles to go and you’ve only taken the first step, it feels like you’ve come a long way. It really helps to have someone…
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Bitcoin Vaults and the Future of Bitcoin Custody
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Bitcoin, the original cryptocurrency, has come a long way since its unofficial past. From an experimental digital currency that carved out a niche in the online crypto world, it has grown into a real digital currency. $1 trillion market cap assets It is valued at over $66,900 per coin at…
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Bitcoin Vaults and the Future of Bitcoin Custody
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Bitcoin, the original cryptocurrency, has come a long way since its unofficial past. From an experimental digital currency that carved out a niche in the online crypto world, it has grown into a real digital currency. $1 trillion market cap assets It is valued at over $66,900 per coin at…