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As Bitcoin experienced a dip below $60,000, significant investors seized the opportunity, fueling a rapid market rebound. According to IntoTheBlock, large holders, known as whales, increased their BTC holdings by 19,760 coins, valued at over $1.2 billion, at an average price of $62,500 on Friday. Whales, influential players in the crypto
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The highly anticipated Bitcoin Halving event is close, bringing with it heightened expectations regarding the long-term impact on the Bitcoin price. There are
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Market volatility has led to over $152 million in cryptocurrency liquidations over the past day, with the wider cryptocurrency market witnessing over $290 million in liquidations within the same period. Of these liquidations, approximately $154 million were from long positions. Bitcoin’s liquidations soared
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Tether announced its intention to enhance peer-to-peer payments on Telegram by extending its dollar-pegged USDT and gold-backed XAUT tokens to the TON network, catering to Telegram’s vast user base 900 million. Originally initiated by Telegram, the TON network has experienced rapid expansion, fueled
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Bitwise Chief Investment Officer Matt Hougan offered a long-term view on the Bitcoin halving based on historical data and spot ETF demand. Speaking with CNBC on April 19, Hougan regarded this year’s Bitcoin (BTC) halving as a “buy the news” opportunity for investors interested in the world’s biggest cryptocurrency asset class. “If
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BlockDrop Coin operates as a cutting-edge cryptocurrency that allocates mining rewards to token holders via weekly airdrops, simplifying access to the mining economy. Historically, the entry barriers to profitable Bitcoin mining have steadily increased, pushing individual miners and small operators to the periphery of the Bitcoin mining economy. This centralization
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Legendary trader Peter Brandt has recently shared notable insights into the potential future trajectory of Bitcoin price, suggesting the possibility of a
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Foundry, a digital assets mining and staking company, has announced that it plans to monetize what it has called the “epic satoshi,” the first satoshi of the halving block, via Ordinals. If the company mines it through its mining pool, it plans to distribute the proceeds to its members based
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"While sellers on the margin appear to be derisking, there has also been opportunistic buying between $60,000-62,000 levels," Coinbase Institutional research analyst David Han said in a Friday report. "We think this directional uncertainty speaks to our thesis of bitcoin’s divergent roles both as a risk and a safe haven
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Recently, the crypto market fluctuations have seen most cryptocurrencies exhibit red numbers. While many remain unfazed by the market dynamics, some sectors
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