Category: Bitcoin
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Bitcoin Hash Price Hits New Low — Is It Time To Buy?
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Opeyemi is a skilled writer and passionate about the exciting and unique world of cryptocurrencies. Although the digital asset industry was not his first choice, he has been fully drawn to it since he entered the field over two years ago. Now, Opeyemi prides himself on creating unique pieces that…
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Bitwise Brings The Bitcoin Ethos To Wall Street
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Company Name: Bitwise Asset Management Founders: Hong Kim and Hunter Horsley Date of establishment: December 2016 Headquarter Location: San Francisco, California and New York, New York Amount of Bitcoin in the vault: Undeclared Number of employees: 65 Website: https://bitwiseinvestments.com/ Public or private? private In 2016, Hong Kim and his co-founder…
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Remembering Hal Finney: A Decade Since His Passing, His Legacy in Bitcoin Lives On
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Today marks the 10th anniversary of the passing of Hal Finney, the renowned cryptographer and computer scientist who played a pivotal role in the early days of Bitcoin. Finney, who died in 2014 from complications of ALS, is celebrated for his profound contributions to Bitcoin and his vision of the…
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Bitcoin Set For Further Losses As Data Points To Stormy September – Details
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according to Data from CoinMarketCap, Bitcoin had a turbulent end to August, losing 7.75% of its market value in the last week. This price drop confirms the overall negative performance of the crypto market leader over the past month, with a monthly price decline of 10.64%. Interestingly, amidst this bearish…
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Bitcoin Continues To Exit Exchanges As Supply Drops To New 2024 Low
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On-chain data shows that the supply of Bitcoin on exchanges has hit a new low this year as investors continue to withdraw their coins. Bitcoin Exchange Reserve has been on a downward trend recently. As one analyst at CryptoQuant Quicktake explained, mailBitcoin exchange reserves have continued to decline recently. “Exchange…
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The New Mission Critical Facilities: Bitcoin Mining Farms
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Life is all about evolution, change, adaptation, and the willingness to thrive. Throughout history, we have witnessed many changes that have forced societies to evolve, adapt, and grow. From the beginning of commerce to the COVID-19 pandemic and beyond, we have witnessed events that have changed the world. One of…
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How Will The US Upcoming Fed Rate Cut Impact Bitcoin? QCP Analysts Weigh In
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With a US Federal Reserve rate cut fast approaching, analysts at QCP Capital, a global digital asset trading firm and market maker, have now shared their predictions. prediction About how this development will affect the price of Bitcoin. According to analysts, the upcoming US non-farm payrolls report and GDP data…
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Bitcoin On The Radar? Dell’s Q2 Results Provide Clarity
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Dell Technologies’ Q2 2024 earnings results have the cryptocurrency industry on the edge of its seat, as the company was expected to become the latest to add Bitcoin (BTC) to its balance sheet. No Bitcoin has been purchased by Dell yet. Despite CEO Michael Dell’s cryptic posts on social media…
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The Fight for Bitcoin Privacy Has Truly Begun
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This article is featured in Bitcoin Magazine’s “The Privacy Issue”. Subscribe to receive your copy. First they ignore you, then they laugh at you, then they fight you, then you win.The quote—commonly misattributed to Mahatma Gandhi—has been overused to the point of exhaustion in the Bitcoin space, typically invoking the…
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Bitcoin goes through final dip before a potential surge as SOL recovers
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Disclosure: This article does not constitute investment advice. The content and materials on this page are for educational purposes only. As Bitcoin heads towards a potential $100K rally and Solana shows signs of recovery, DTX exchange is stealing the spotlight with nearly $2M in pre-sales. The Bitcoin community has been…
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Bitcoin (BTC) Stumbles Below $60,000 As Data Shows Slowing Net Capital Inflows
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Bitcoin (BTC) is currently trading below $60,000 after experiencing a period of volatility and a significant 11% correction from its peak of $65,103 last Sunday. This sharp decline reflects the growing uncertainty and fear that is prevailing in the market. Recent key data from Glassnode reveals a worrying slowdown in…
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The Impact of Institutional Investors on Bitcoin
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For years, Bitcoin enthusiasts have been anticipating a major shift in value due to the involvement of institutional investors. The concept was simple: with large corporations and financial entities investing in Bitcoin, the market would experience massive growth and a sustained period of rising prices. However, the actual outcome was…
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The Impact of Institutional Investors on Bitcoin
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For years, Bitcoin enthusiasts have been anticipating a major shift in value due to the involvement of institutional investors. The concept was simple: with large corporations and financial entities investing in Bitcoin, the market would experience massive growth and a sustained period of rising prices. However, the actual outcome was…
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BlackRock’s Bitcoin ETF Saw Outflow For the First Time Since May
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BlackRock’s cryptocurrency exchange-traded fund (ETF), iShares Bitcoin Trust, saw $13.5 million in outflows on Thursday. It was the first outflow for the IBIT fund since May 1. Thursday’s outflow was the second ever for the iShares Bitcoin Trust since its launch in January. The fund has seen steady inflows on…
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BlackRock’s Bitcoin ETF Saw Outflow For the First Time Since May
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BlackRock’s cryptocurrency exchange-traded fund (ETF), iShares Bitcoin Trust, saw $13.5 million in outflows on Thursday. It was the first outflow for the IBIT fund since May 1. Thursday’s outflow was the second ever for the iShares Bitcoin Trust since its launch in January. The fund has seen steady inflows on…
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Bitcoin Difficulty Jumps 3% As Hashrate Slowly Recovers
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On-chain data shows that the Bitcoin mining difficulty has seen an increase in the latest adjustment, which is a result of the hash rate recovery. Bitcoin mining difficulty has seen a positive adjustment of 3% recently. The term “mining difficulty” refers to a feature built into the Bitcoin blockchain that…
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Bullish Bitcoin News? US Federal Reserve Set To Implement Three Rate Cuts This Year
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As global economic uncertainty looms, Bitcoin (BTC) has seen increased volatility and struggles to maintain its foothold above critical resistance levels it lost over the past month. The largest cryptocurrency in the market remains in a precarious position, but emerging signs could bode well for Bitcoin’s price and the broader…
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Bullish Bitcoin News? US Federal Reserve Set To Implement Three Rate Cuts This Year
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As global economic uncertainty looms, Bitcoin (BTC) has seen increased volatility and struggles to maintain its foothold above critical resistance levels it lost over the past month. The largest cryptocurrency in the market remains in a precarious position, but emerging signs could bode well for Bitcoin’s price and the broader…