Category: Crypto
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Analyst Look at Historical Price Patterns
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Bitcoin is currently down 23% from its all-time high, with most of those losses coming in the past week. The summer crash was expected on the basis that the four-year cycle was too early to peak. On July 7, market analyst Benjamin Coon looked to the Bitcoin Bull Market Support…
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Crypto Investors Beware! Coinbase Phishing Scam Drains $1.7M
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The cryptocurrency community is sounding the alarm over an ongoing scam targeting investors after scammers impersonating cryptocurrency exchange Coinbase managed to drain nearly $2 million over the weekend. The scam is said to be linked to the 2022 CoinTracker security breach. $1.7 million withdrawn from Ledger wallet On Monday, Edge…
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A Bitcoin Node Behind Every Blade of Grass
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The debate in 2024 was about expanding Bitcoin’s self-custody versus hardening, with the assumption that the hardened Bitcoin protocol as it stands today is imperfect – but its sound monetary properties alone are enough to change the world for the better, so changes would impose unacceptable risks. This article will…
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A Bitcoin Node Behind Every Blade of Grass
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The debate in 2024 was about expanding Bitcoin’s self-custody versus hardening, with the assumption that the hardened Bitcoin protocol as it stands today is imperfect – but its sound monetary properties alone are enough to change the world for the better, so changes would impose unacceptable risks. This article will…
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Will Bitcoin Bounce Back? Traders Place Their Bets on a Rocky Q4, Data Shows
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So far, Bitcoin has seen significant volatility in the recent trading session, indicating weak investor sentiment. Earlier today, the coin surged to $57,300. However, the coin now appears to have lost ground after reaching this level as it is trading at $55,966, down 1.6%. This increase in volatility suggests that…
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Will Bitcoin Bounce Back? Traders Place Their Bets on a Rocky Q4, Data Shows
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So far, Bitcoin has seen significant volatility in the recent trading session, indicating weak investor sentiment. Earlier today, the coin surged to $57,300. However, the coin now appears to have lost ground after reaching this level as it is trading at $55,966, down 1.6%. This increase in volatility suggests that…
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Republican National Committee pledges to ‘defend the right to mine Bitcoin’
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The Republican National Committee (RNC) just endorsed a platform that plans to promote cryptocurrency mining and oppose the creation of a central bank digital currency. The Republican National Committee, led by Michael Whatley and Donald Trump’s daughter-in-law Lara Trump, has officially adopted its election platform, which includes a section on…
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Buy the Bitcoin Dip? Investors Seize Opportunity and Drive $441M Inflows: CoinShares
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The recent price weakness caused by Mt. Gox and selling pressure from the German government is likely to be seen as a buying opportunity, as evidenced by the $441 million inflow into cryptocurrency investment products over the past week. During the same period, ETPs recorded a low volume of $7.9…
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Bitcoin Miner Capitulation Still On, Hash Ribbons Suggest
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On-chain data shows that Bitcoin Hash Ribbons indicate that miners are still under tremendous pressure as they continue to capitulate. Bitcoin’s tickers have yet to signal the end of miner capitulation in mail On X day, CryptoQuant Community Manager Martin shared what the latest trend in Bitcoin’s hash bars looks…
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Bitcoin Miner Capitulation Still On, Hash Ribbons Suggest
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On-chain data shows that Bitcoin Hash Ribbons indicate that miners are still under tremendous pressure as they continue to capitulate. Bitcoin’s tickers have yet to signal the end of miner capitulation in mail On X day, CryptoQuant Community Manager Martin shared what the latest trend in Bitcoin’s hash bars looks…
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Republican National Committee Endorses Pro-Bitcoin Platform in Party Draft
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A committee of the Republican National Committee today approved the party’s draft 2024 platform, which strongly supports Bitcoin. On page nine, the project explicitly states: “We will defend the right to mine Bitcoin, ensure that every American has the right to self-custody of their digital assets, and conduct transactions free…
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Bitcoin Mining Difficulty Crashes 5% To Lowest Level In 3 Months, What Happens Next?
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Recent data shows that Bitcoin mining difficulty is down and has hit its lowest levels since May. This is significant considering what this could mean for the Bitcoin ecosystem, especially Bitcoin price. Bitcoin mining difficulty drops to 79.5 trillion Data From CoinWarz it appears that: Bitcoin mining difficulty It dropped…
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Bitcoin Mining Difficulty Crashes 5% To Lowest Level In 3 Months, What Happens Next?
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Recent data shows that Bitcoin mining difficulty is down and has hit its lowest levels since May. This is significant considering what this could mean for the Bitcoin ecosystem, especially Bitcoin price. Bitcoin mining difficulty drops to 79.5 trillion Data From CoinWarz it appears that: Bitcoin mining difficulty It dropped…
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Crypto ETFs to form 5% of hedge fund by 2025
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Exchange-traded funds (ETFs) are expected to make up 5% of hedge fund and pension fund portfolios by 2025, according to Fiorenzo Manganiello, a leading blockchain expert. Manganiello, co-founder and managing partner of LIAN Group, made the prediction after reports that BlackRock’s Bitcoin exchange-traded fund has raised $16.7 billion in assets…
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German Government Prepares To Sell Another $900 Million In Bitcoin
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The German government began preparing for its largest bitcoin sale to date on Monday, sending $900 million of the digital currency to trading venues. On-chain data from Arkham Intelligence shows that over 16,000 BTC left the exchange’s wallet on July 8, leaving 23,787.7 BTC ($1.35 billion) remaining in its vaults.…
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Exchange Outflows At 2024 High
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On-chain data suggests that Bitcoin whales may be piling into the decline as spot exchanges recently saw their largest withdrawals of 2024. Bitcoin Exchange Netflow has turned dark red recently. As one analyst at CryptoQuant Quicktake pointed out, mailA large number of coins have left exchanges recently. The relevant indicator…
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Exchange Outflows At 2024 High
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On-chain data suggests that Bitcoin whales may be piling into the decline as spot exchanges recently saw their largest withdrawals of 2024. Bitcoin Exchange Netflow has turned dark red recently. As one analyst at CryptoQuant Quicktake pointed out, mailA large number of coins have left exchanges recently. The relevant indicator…
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The German Government Is Selling More Bitcoin – $28 Million Moves to Exchanges
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The German government continued to transfer parts of its massive bitcoin stash to exchanges on Monday, moving more than $56 million across multiple transactions. according to Blockchain DataAt 14:48 UTC+8 today, addresses linked to the German government transferred a total of 500 BTC to Bitstamp and Coinbase (250 BTC each),…
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Bitcoin Starts July On A Bearish Note, Will CPI Data Change The Narrative This Week?
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The start of July was not as positive for the Bitcoin and cryptocurrency markets as previously expected due to a number of events that shook the market. For example, the Ethereum ETF did not launch on July 2nd as expected, and the US and German governments reportedly sold large amounts…
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Decentralizing creativity: Strategic alliances in the web3 art ecosystem
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Disclosure: The opinions and ideas expressed here belong solely to the author and do not represent the opinions and views of the crypto.news editorial board. In an era where digital innovations are constantly reshaping our lives, the emergence of Web 3 represents a transformative milestone, especially for the creative community.…