Friday, March 29, 2024
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Coinbase Trends On Twitter For Downtime During Bitcoin Break Above $40K

Bitcoin momentarily blasted above $40,000 today, doubling its previous peak set back in 2017. A huge rejection took place shortly after the level was overcome, prompting a $4,000 drop near instantly. But as eager buyers stepped in to “buy the dip” on Coinbase, they were met with frustration and disrupted services.

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Why DeFi will force BTC to break its 21M supply ceiling

2020 was unequivocally the year of decentralized finance. Driven by surging interest and striking breakthroughs, DeFi protocols accelerated financial innovation while reshaping the blockchain landscape. Buoyed by innovations in cross-chain asset gateways and DeFi protocols, Ethereum has attracted a substantial amount of Bitcoin (BTC) assets, thus cutting into Bitcoin’s on-chain

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First Mover: Bitcoin’s Failure to Break $20K Shows Big Investors Only Just Arriving

Bitcoin was lower, retreating after rallying over the past 24 hours to a new all-time-high price of $19,920, based on CryptoX’s Bitcoin Price Index. Cryptocurrency analysts predicted bullish traders might next target the $20,000 threshold, though the market could struggle to break through if large potential holders choose to take profits at

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