Category: BTC
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Is A Bitcoin (BTC) Negative Correlation With Stocks A Bullish Signal? Analyst Reveals
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Bitcoin (BTC) and U.S. stocks have shown a negative correlation recently, with Bitcoin often moving in the opposite direction to traditional markets. This divergence has caught the attention of analysts and investors, especially as the cryptocurrency enters a period of consolidation alongside the broader cryptocurrency market.Historically, shifts in this correlation…
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Bitcoin Resistance: Here Are The Challenges Ahead For BTC
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Bitcoin is facing certain resistance levels on the chain that could threaten future gains. Here are the exact prices at which these levels are located. Short-term Bitcoin holders have a cost basis at these levels in the future. As CryptoQuant author Axel Adler Jr. explains in a new article, mail…
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Over 80% of Short-Term Bitcoin Holders Underwater — What This Means For BTC
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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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Over 80% of Short-Term Bitcoin Holders Underwater — What This Means For BTC
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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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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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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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Norway’s Wealth Fund Bets On Bitcoin: Analyst Discloses Over 100% Increase In BTC Holdings
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As Bitcoin adoption continues to gain momentum globally among countries and traditional financial institutions (TradFi), Norway’s sovereign wealth fund, Norges Bank Investment Management (NBIM), has emerged as a secret holder of the largest cryptocurrency on the market. Unexpected Bitcoin Whale? According to a recent study analysis K33 Research analyst Veitel…
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Over 1 Million Bitcoin Addresses Hold 1 BTC or More, Reflecting Strong Adoption
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According to data from Bitcoin Pro MagazineThere are 1,012,650 Bitcoin addresses containing 1 BTC or more. This represents over 1 million bitcoins that have been taken off the market and are now in the hands of powerful individuals, a significant portion of the 21 million bitcoins that will ever exist.…
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Over 1 Million Bitcoin Addresses Hold 1 BTC or More, Reflecting Strong Adoption
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According to data from Bitcoin Pro MagazineThere are 1,012,650 Bitcoin addresses containing 1 BTC or more. This represents over 1 million bitcoins that have been taken off the market and are now in the hands of powerful individuals, a significant portion of the 21 million bitcoins that will ever exist.…
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Navigating The Bitcoin Bear: Analyst Outlines Most Objective Rules For BTC
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As negative sentiment continues to weigh heavily on the market, BitcoinPopular crypto analyst and enthusiast Stockmoney Lizards has weighed in on this pessimistic outlook, offering key targets to watch out for in these turbulent times. These proposals aim to restore investor resilience and focus despite the growing uncertainty due to…
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Navigating The Bitcoin Bear: Analyst Outlines Most Objective Rules For BTC
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As negative sentiment continues to weigh heavily on the market, BitcoinPopular crypto analyst and enthusiast Stockmoney Lizards has weighed in on this pessimistic outlook, offering key targets to watch out for in these turbulent times. These proposals aim to restore investor resilience and focus despite the growing uncertainty due to…
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Prosperity of fools? BitBoy expects BTC bull run on April 1
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Ben Armstrong, widely known as “Bitboy” in the crypto community, recently made some interesting predictions regarding Bitcoin and XRP prices during his appearance on the latest episode of Tony Edwards’ “Thinking Crypto” YouTube show. The former millionaire influencer has explained his views on the upcoming market dynamics, offering both hope…
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Prosperity of fools? BitBoy expects BTC bull run on April 1
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Ben Armstrong, widely known as “Bitboy” in the crypto community, recently made some interesting predictions regarding Bitcoin and XRP prices during his appearance on the latest episode of Tony Edwards’ “Thinking Crypto” YouTube show. The former millionaire influencer has explained his views on the upcoming market dynamics, offering both hope…
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Celsius Sues Tether, Demanding $2.4 Billion Over BTC Liquidation!
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Image source altcoindaily The cryptocurrency industry has seen its fair share of legal battles, and the most recent high-profile dispute in the cryptocurrency industry involved struggling companies. Centennial In a surprising turn of events, Celsius has filed a lawsuit against Tether in U.S. bankruptcy court, accusing it of misappropriating its…
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Bitcoin Bull Michael Saylor Reveals Shocking Facts About The BTC Price Volatility
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Earlier this week, Bitcoin, the largest cryptocurrency asset, saw a sharp decline as a result of the Japanese stock market crash, demonstrating the volatile nature of the asset during macroeconomic turmoil. In the wake of the recent market turmoil, Michael Saylor, the co-founder and CEO of the popular Bitcoin company,…
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Bitcoin Addresses Holding Over 0.1 BTC Near All-Time High Amid Price Dip
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Bitcoin addresses with a balance of more than 0.1 BTC are nearing an all-time high, according to data from Bitcoin Pro MagazineThere are currently 4,580,424 such addresses, just shy of the record of 4,586,540, and representing a monthly increase of 27,939 addresses. The recent drop in Bitcoin’s price from around…
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Bitcoin Attractive, US Fed To Soon Begin Adding $30 Billion Every Month: Will BTC Fly?
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While Bitcoin and major altcoins are stable at the time of writing, the sharp liquidation from the weekend through August 5th has caused a major shakeout. Billions of leveraged positions have been liquidated, and prices are under technical pressure despite the current stability. Global Liquidity Expected to Rise Rapidly: Will…