Is Bitcoin's road to $75k harder than we thought?

Short-term holder activity suggested Bitcoin might have formed a local top nearly three weeks ago. Long-term holder metrics from Santiment flashed warning signals. Bitcoin [BTC] saw a rapid The post Is Bitcoin's road to $75k harder than we thought? appeared first on AMBCrypto.

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Cardano’s Charles Hoskinson mulls partnership with Bitcoin Cash

Cardano's Charles Hoskinson posted a poll on X asking people what they thought about Cardano (ADA) partnering with Bitcoin Cash to boost its performance. Here's how people responded.

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Glassnode and Coinbase report: Bitcoin maintains unique market path with low correlation to S&P 500

Quick Take Bitcoin (BTC) had an impressive first quarter in 2024, posting a 69% return and outperforming most traditional asset classes. Despite the launch of BTC ETFs, which many thought would lead to a stronger correlation with traditional finance assets, BTC displayed minimal correlation with major asset classes, using data from a recent Glassnode and […] The post Glassnode and Coinbase report: Bitcoin maintains unique market path with low correlation to S&P 500 appeared first on CryptoSlate.

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Bitcoin, Solana and other Altcoins face setbacks but Borroe Finance raises $3.5M in presale

As soon as investors thought that all pre-halving corrections and retraces were over, Bitcoin, Solana, and other top altcoins entered another correction phase. Bitcoin lost 4% today, while Solana shedThe post Bitcoin, Solana and other Altcoins face setbacks but Borroe Finance raises $3.5M in presale appeared first on AMBCrypto.

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Four top things to watch for in the financial markets in April 2024

Although it seems that mere days of 2024 have passed, we are already finished the first quarter of the year. With Q2 and April having started, we thought we’d break down the five biggest things likely to happen in the markets this month for you to keep an eye on: Bitcoin’s halving This month will […]

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The First Africa Bitcoin Conference Begins On December 5th

The event will be hosted in Ghana and is expected to have over 800 attendees including bitcoiners, industry and thought leaders, and will host a hackathon.

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10 Crypto Trailblazers to Watch in the 2020s

The cryptocurrency industry has come a long way since a pseudonymous genius known as Satoshi authored the Bitcoin whitepaper, changing the world as we know it forevermore. And if you thought the 2010s were a crazy decade, the 2020s are set to be even wilder.

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Bitcoin Maximalist Michael Saylor Makes the Case Against Ethereum

Saylor, the founder and CEO of business-intelligence software firm MicroStrategy (MSTR), spoke for close to an hour at Blockchain Economy Istanbul Wednesday, elaborating on the question of what he thought of Ethereum.

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I Thought This Bitcoin Cycle Was Different

Like many Bitcoiners who came before me, I thought this cycle was the one to end it all and lead us to hyperbitcoinization. Boy, was I wrong.

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Anxious about Bitcoin's price swings? Here's your food for thought

If you have been keeping tabs on Bitcoin [BTC] and the crypto market at large for the last few months, chances are you are feeling a bit bitter. Unless you happen to be one of the Bitcoin critics and The post Anxious about Bitcoin's price swings? Here's your food for thought appeared first on AMBCrypto.

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Bitcoin Could Reach $72,000 This Week According to S2F Model, But Something Went Wrong

Bitcoin could have been trading around $100,000 if S2F was as accurate as we thought before

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From Bernie To Bitcoin: In Search Of The Revolution

One man’s journey in search of the revolution he thought would be brought about by trusting a one-person solution for fixing America’s problems.

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Analysis Finds That 40 Percent of Bitcoin Investors Have Lost Money

Crash and Burn Bitcoin is down horrendous — and it’s losing money for investors who thought it was a sure shot. According to a new analysis from the Glassnode crypto insights firm, roughly 40 percent of Bitcoin holders have lost money on their investment in the world’s most popular cryptocurrency — and that percentage is […]

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Bitcoin.com Completes a $33.6M Private Sale for New Ecosystem Token VERSE

Bitcoin. com announced today it had completed a private sale of $33,600,000 for the Bitcoin. com VERSE token. It is with participation from Digital Strategies, KuCoin Ventures, Blockchain. com, ViaBTC Capital, Redwood City Ventures, 4SV, BoostX Ventures, and select individual thought leaders and influencers, including Roger Ver, Jihan Wu, and David Wachsman.

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Bitcoin.com Closes a $33.6M Private Sale for VERSE Token

Digital Strategies, KuCoin Ventures, Blockchain. com, ViaBTC Capital, Redwood City Ventures, 4SV, BoostX Ventures, and select individual thought leaders and influencers, including Roger Ver and Jihan Wu, participated in a private sale of USD $33,600,000 for the Bitcoin.

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Bitcoin.com finalizes private sale of $33.6 million VERSE token

Bitcoin. com has announced that it has finalized a private sale of $33. 6 million for the VERSE token attracting various participants including Digital Strategies, BoostX Ventures, Blockchain. com, KuCoin Ventures, ViaBTC Capital, 4SV, Redwood City Ventures, and certain individual figureheads and thought leaders, such as Roger Ver, David Wachsman, and Jihan Wu.

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Looking To Invest In A Bitcoin Spot ETF? Here’s The Best Next Thing

The refusal of the SEC to approve a Bitcoin Spot ETF has been an ongoing problem for the crypto space. With the approval of multiple Bitcoin Futures ETFs approved last year, it was thought that a Spot ETF would not be far down the line.

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Galaxy Digital’s Jason Urban What Will Drive Ethereum To Flip Bitcoin

The school of thought that Ethereum will one day flip Bitcoin is one that has been around for a while. Although debates around this have subsided following the bull rallies that rocked last year. However, it seems not everyone has forgotten about this.

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El Salvador's Bitcoin law and why it may not be a happy half-birthday

A number of crypto-investors, analysts, and even several governments thought that El Salvador would lead the international community in the mass adoption of Bitcoin. However, reactions have been mixedThe post El Salvador's Bitcoin law and why it may not be a happy half-birthday appeared first on AMBCrypto.

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Kazakhstan Could Be Turning Its Back On Bitcoin Miners But Hashrates Are At An All-Time High

During the summer of 2021, Kazakhstan was seen as a paradise for fleeing miners but this line of thought is giving way to a new narrative.

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Has Bitcoin Bottomed?

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American Rapper Lil Baby On Holding Bitcoin And Ethereum Over Fiat

For years now, some investors have preferred to hold their wealth in cryptocurrencies like bitcoin and ethereum as opposed to cash. As cryptocurrencies become more popular, this school of thought has become more widely shared to the point where even billionaires and celebrities have publicly come out to say that they would rather hold their wealth in digital assets rather than fiat.

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Why China’s crackdown on mining is actually good for Bitcoin

China’s crackdown on Proof-of-Work mining last year tested the security of the Bitcoin network and showed that it was far more resilient than once thought. The post Why China’s crackdown on mining is actually good for Bitcoin appeared first on CryptoSlate.

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Bitcoin’s Hashrate Unmoved While Kazakhstan Turns Off Internet

Bitcoin’s hashrate is largely unchanged despite a country that is thought to have about 5% of the global hashrate, Kazakhstan, cutting off the internet. The blackout appears to be fairly...

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El Salvador Loses Almost 15% as Bitcoin Retraces to $43,000

"Buy the dip" strategy might not be as good as El Salvador's president thought

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Here Are The Oddest Predictions For Bitcoin In 2022

Several influencers and thought leaders have made interesting predictions for the year ahead. However, these predictions might just not come to pass and might leave you stumped. One sure prediction for the year is that Bitcoin’s supply cap will remain pegged at 21 million BTC.

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New Year’s Bitcoin Listening

HAPPY NEW YEAR EVERYONE! Just in case you have nothing else to do, I thought you might like to do some deep bitcoin listening. The following are a few mind-blowing videos (you can just listen to most of them) that give a deeper sense of the power of bitcoin and the immense transformation it isRead More

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We Haven’t Even Sniffed The Bitcoin Price Bottom Yet, Veteran Trader Suggests As BTC Falls Below $46K

If you thought the price of Bitcoin has bottomed out, you could be in for a surprise. The price of Bitcoin has failed to break above the psychological $50,000 level going into the new week and has dropped below $46,000 on December 20.

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What If All The Money Being Printed Went Straight To Bitcoin?

A thought experiment on the value of bitcoin if the Federal Reserve began stacking when bitcoin was created.

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Crypto trading cards: How Hal Finney thought about the concept of NFTs over 30 years ago

On January 17, 1993, Hal Finney, the person known for receiving the first Bitcoin transaction from Satoshi Nakamoto, wrote an email with the subject “Crypto trading cards” on the online service CompuServe to the Cypherpunks members, where he mentioned a more interesting way of exchanging digital cash through cryptographic trading cards, as referenced below.

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Is Bitcoin On The Ropes? Indonesia’s CBDC Aims To Give A Fight

As Bitcoin has been declared ‘haram’ in Indonesia and the country’s Central Bank considers issuing a digital rupiah, an official suggested in the parliament that a central bank digital currency (CBDC) would be instrumental in fighting the threat that cryptocurrencies’ trading represents for the banks and fiat money.

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Why Bitcoin Is Nowhere Near The Top This Cycle, But Still Likely To Roar Past $200,000

If you thought bitcoin’s parabolic rally was over, think again. A price indicator developed by one of the industry’s best-known analysts is betting on the world’s largest cryptocurrency to more than triple in value during this cycle.

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Bitcoin New All-Time Cleared, $100,000 Straight Ahead?

Bitcoin has now set a new all-time high above $67K, a price range that one would have thought impossible when the market slowed to a crawl in September. Investors across the market are back in the green after enduring a brutal month and sentiment could not be more positive.

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The Bitcoin Rorschach Test

Bitcoin as an idea can be thought of, like a Rorschach test, as the interpretation of the particular context it presents.

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El Salvador’s Chivo And Bitcoin Adoption In Mindblowing Facts And Stats

Why didn’t we thought of measuring Chivo and Bitcoin adoption this way? Cero anecdotal evidence. Only facts, numbers, and reports from wherever we can get them. What do we know about the Chivo wallet’s Lightning node? What apps besides the government wallet are the Salvadorans using? Are they happy with them? Investor and blogger Kevin Rooke has a fresh take on El Salvador’s Bitcoin adoption and we’re here to summarize it.

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Bitcoinist Book Club: “The Bitcoin Standard” (Chapter 7, P. 1: Economic Thought)

Welcome back, fellow student. Let’s dive back into Saifedean Ammous’ “The Bitcoin Standard” to discover the secrets of economic theory. In today’s lesson, we’ll study the “two main government-approved mainstream schools of economic thought: Keynesians and Monetarists.

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Sovryn Is Taking Bitcoin To The Forefront Of DeFi

The inception of Bitcoin by Satoshi Nakamoto over a decade ago, blockchain technology has advanced by leaps and bounds. What initially started with a vision of creating decentralization has advanced far beyond anyone could have initially thought possible.

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UK’s Financial Watchdog says, No Real-World Cash Flows Underpinning the Price of Digital Tokens, Not Even Bitcoin

Britain's Financial Conduct Authority (FCA) said Monday that creating a regulatory regime for the cryptocurrency industry will take careful thought. Britain’s finance ministry already had a public consultation as to whether some crypto-asset promotions need regulation.

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NFTs go wild as CryptoPunks hits $1 billion in lifetime sales

Just when you thought NFTs had died a death, a revival in Bitcoin has coincided with non-fungibles also coming back to life. The post NFTs go wild as CryptoPunks hits $1 billion in lifetime sales appeared first on CryptoSlate.

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Bitcoin Price May Consolidate From Here And Resume Powerful Uptrend In Q4, Says Billionaire Mike Novogratz

Bitcoin’s 32% rally over the past month seems to be a bit exhausted. BTC was abruptly rejected after its attempt to conquer the $51,000 zone a few days ago. The rejection from the critical resistance level saw the world’s largest cryptocurrency by market cap pause for thought, initiating what some pundits had predicted would be […]

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Why Bitcoin Steals the Show for High-Rollers in 2021

You may not have given much thought to betting with Bitcoin in the past, instead preferring to wager using your tried and tested FIAT currencies. However, there are several reasons why you may want to make the switch to BTC betting, especially if you are a high roller.

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Demand For Bitcoin Is “Drying Up” At A Disturbing Rate And Ethereum Is Rapidly Catching Up

While there have been long-time speculations that Ethereum will flip Bitcoin to be the most valuable cryptocurrency, it may be happening already; though Ethereum’s EIP-1559 upgrade was what was thought would usher in this event, it seems to already be happening according to a new observation.

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Swimming Against The Tide: Will MicroStrategy Climactically Dump 105,000 Bitcoin On The Market?

If you thought MicroStrategy’s latest acquisition of an additional 13,000 BTC is all the gas needed to pump Bitcoin up for its much-anticipated bull run, then think again. At least, that’s what top die-hard crypto-critic Peter Schiff wants you to do.

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The BitClout Drama Continues: Enter Robert Breedlove And Naval

The Bitcoin community hates BitClout with a passion. One of the space’s thought leaders, author and podcaster Robert Breedlove, just mentioned he’ll “be taking a look at it over the next week” and everyone lost their minds.

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Controversial And Confrontational Talks From The Bitcoin 2021 Conference

This is our final dispatch from the Bitcoin 2021 Conference. We dissected talks from politicians, thought leaders, and more thought leaders. Then, we turned our eye to the ideas of the not-so-famous and found fire.

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Police Raid Suspected Weed Growery, Find Bitcoin Mine Instead

Police in the UK made a surprising miscalculation when they raided what they thought was an indoor pot farm. Instead of weed plants growing under heat lamps, the cops found about 100 computers dedicated to mining Bitcoin, according to CNBC.

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Food For Thought, Bitcoin As Pizza

The delicious food creation is comparable to the digital network created by Bitcoin in all its glorious aspects.

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NYU finance professor says ETH will beat BTC at becoming a commodity

Aswath Damodaran, a professor of finance at NYU’s Stern School of Business, believes Ethereum (ETH) is better positioned to become a commodity compared to Bitcoin (BTC). Damodaran shared this thought during an interview on May 20, noting that the blockchain will power future transactions.

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We have no plans to accept Bitcoin (BTC), EV start-up says

After electric car manufacturers started accepting Bitcoin (BTC/USD) as a payment method, many thought other companies in the industry will follow in its footsteps. But it seems American automaker Fisker is not buying the idea.

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