Category: Bitcoin
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Bitcoin hits bottom, expect a spike to $68k level: analyst
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An anonymous cryptocurrency trader who calls himself “bubble hunter” Blontz says that Bitcoin may have bottomed out and is now poised to rise. In an August 15 post on X, the trader — who is known for his straight talk — said: Prediction A Bitcoin (BTC) analyst has declared that…
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Bitcoin Market Facing A Persistent Net Sell-Side Bias, Glassnode Reveals
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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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75% of Bitcoin Hasn’t Moved in 6+ Months, Signaling Strong HODLing Trend
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Latest data from Bitcoin Pro Magazine This shows a significant trend among Bitcoin holders: nearly 75% of all Bitcoin in circulation has been idle for more than six months. This strong holding behavior reflects a strong belief in Bitcoin’s long-term value, despite market volatility. Bitcoin Pro X Magazine The HODL…
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75% of Bitcoin Hasn’t Moved in 6+ Months, Signaling Strong HODLing Trend
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Latest data from Bitcoin Pro Magazine This shows a significant trend among Bitcoin holders: nearly 75% of all Bitcoin in circulation has been idle for more than six months. This strong holding behavior reflects a strong belief in Bitcoin’s long-term value, despite market volatility. Bitcoin Pro X Magazine The HODL…
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Lava Loans Protocol v2: DLC Based Bitcoin Collateralized Loans
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the Lava Loans Protocol (Version 2) It is a scheme designed by Lava based on confidential ledger contracts (DLCs) to facilitate a trustless Bitcoin-backed lending system. The massive market crash in the last cycle caused by centralized platforms facilitating Bitcoin-backed loans showed that leaving such products and services unchecked can…
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What’s Happening? Is This Bitcoin (BTC) Resistance Unbreakable? Ethereum (ETH) On Verge of Fundamental Crisis? By U.Today
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U.Today – The stock price has moved little or no over the past few weeks, and it continues to falter. SHIB stock has made multiple attempts to move out of its current trading range, but it has been unable to build much momentum, leaving investors and traders in a state…
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Bitcoin Non-Profit ₿trust Announces Q3 Grants For Open-Source Developers
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Trust₿trust, an initiative committed to supporting open source Bitcoin developers based in the Global South, has announced the recipients of its Q3 Starter Grants and new members of the ₿trust Open Source Group. 1/ ? Announcing the ₿trust grants for the third quarter! We are excited to announce our Q3…
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Bitcoin Bears in Control? Record Low Funding Rates on Binance Signal Market Shift
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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 Bears in Control? Record Low Funding Rates on Binance Signal Market Shift
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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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Dormant Bitcoin wallet from 2014 moves BTC worth $10.2m
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A Bitcoin wallet that had been dormant since 2014 suddenly woke up and moved over 174 Bitcoins worth over $102 million. Blockchain data shows that a Bitcoin (BTC) wallet that received 174.88 BTC on January 8, 2014, first moved funds on August 16, 2024. This move comes after a decade…
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Dormant Bitcoin wallet from 2014 moves BTC worth $10.2m
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A Bitcoin wallet that had been dormant since 2014 suddenly woke up and moved over 174 Bitcoins worth over $102 million. Blockchain data shows that a Bitcoin (BTC) wallet that received 174.88 BTC on January 8, 2014, first moved funds on August 16, 2024. This move comes after a decade…
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Institutional Inflows to Bitcoin ETFs Show Promising Indicator, Says Coinbase Report
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Coinbase has Reported Updated 13-F filings for Q2 2024 indicate a significant increase in institutional inflows into U.S. Bitcoin ETFs, which the firm sees as a “promising indicator” for the Bitcoin market. The 13-F filings, released on August 14, reveal that institutional ownership of these ETFs grew from 21.4% to…
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Institutional Inflows to Bitcoin ETFs Show Promising Indicator, Says Coinbase Report
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Coinbase has Reported Updated 13-F filings for Q2 2024 indicate a significant increase in institutional inflows into U.S. Bitcoin ETFs, which the firm sees as a “promising indicator” for the Bitcoin market. The 13-F filings, released on August 14, reveal that institutional ownership of these ETFs grew from 21.4% to…
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Analyst Warns: Bitcoin Nears Dangerous Territory – $40,000 On The Horizon?
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Bitcoin is trading at $59,545, up a slight 0.5% over the past 24 hours. While this increase is small, it is noteworthy as it comes on the back of Bitcoin’s price falling to $57,812 earlier in the day. Despite this modest recovery, a recent analysis by CryptoQuant author on the…
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Analyst Warns: Bitcoin Nears Dangerous Territory – $40,000 On The Horizon?
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Bitcoin is trading at $59,545, up a slight 0.5% over the past 24 hours. While this increase is small, it is noteworthy as it comes on the back of Bitcoin’s price falling to $57,812 earlier in the day. Despite this modest recovery, a recent analysis by CryptoQuant author on the…
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US Government Moves 10,000 Bitcoin From Silk Road Bust, Here’s The Destination
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The US government recently transferred 10,000 Bitcoins (BTC) that were seized from Silk Roada notorious online black market platform. Over the years, the government has Many large-scale Bitcoin transfers have been carried out.strategically moving these assets to new wallets or different exchanges. US Government Transfers 10,000 BTC to Coinbase Prime…
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Bitcoin Observes Pullback To $58,000: Is This The Cause?
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Bitcoin has seen a dip to $58,000 over the past day. Here’s what might be behind it, according to on-chain data. Exchanges have seen a large number of Tether withdrawals recently. According to data from market intelligence platform In the massCentralized exchanges recently saw outflows of Tether (USDT) exceeding $1…
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Bitcoin Observes Pullback To $58,000: Is This The Cause?
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Bitcoin has seen a dip to $58,000 over the past day. Here’s what might be behind it, according to on-chain data. Exchanges have seen a large number of Tether withdrawals recently. According to data from market intelligence platform In the massCentralized exchanges recently saw outflows of Tether (USDT) exceeding $1…
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TA of the Day: Bearish Momentum Builds in Bitcoin
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US government Over 10,000 Bitcoins Moved Recently (BTC) from a government-linked wallet, a transaction worth about $600 million, to a Coinbase Prime-linked wallet. The move follows a previous $2 billion transfer in late July. The U.S. government currently holds about $12 billion in bitcoin, much of it from law enforcement…