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Bitcoin’s correlation with global liquidity outshines gold and stocks

Bitcoin (BTC) moves in sync with global liquidity 83% of the time, surpassing all other major asset classes, according to a report by venture capitalist Lyn Alden. According to the report, Bitcoin has shown a strong correlation with global liquidity over the years, with the flagship crypto generally rising when liquidity expands and correcting when […] The post Bitcoin’s correlation with global liquidity outshines gold and stocks appeared first on CryptoSlate. дальше »

2024-9-26 21:30


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Ethereum price: Dormant wallets move massive amounts of ETH after 3-year hiatus

Ethereum price could face new downside pressure as hundreds of crypto wallets that have been dormant for more than three years suddenly transfer huge amounts of Ethereum tokens. According to Lookonchain, which tracks the movement of the Ethereum (ETH) tokens, hundreds of dormant wallets that last transacted in 2021 have woken up. After 3.3 years, […] дальше »

2024-8-8 16:18


Bitcoin’s Next Leap:: Billionaire Points To $500,000 Per BTC—Here’s When & How

Chamath Palihapitiya, a well-known billionaire investor, has joined the dialogue about future Bitcoin Halving events and their implications for the asset in the long term. According to the Billionaire, this notable event that occurs in the Bitcoin ecosystem every four years could propel Bitcoin’s value to as high as $500,000 in the upcoming years, and […] дальше »

2024-6-4 05:00


Online gambling sector in Sweden will generate revenue of €2bn a year by 2027, according to new data

Sweden’s online gambling sector to hit €2bn/yr by 2027, driven by growing adoption of cryptocurrencies Riksbank is wary of crypto’s role despite market growth Cryptocurrencies are increasingly popular in Swedish online gambling sites The online gambling sector in Sweden is poised for significant growth in the coming years, with projections indicating revenue reaching €2 billion […] The post Online gambling sector in Sweden will generate revenue of €2bn a year by 2027, according to new data appeared first on CoinJournal. дальше »

2024-4-8 17:44


How Grayscale GBTC sell-off has impacted Bitcoin long-term holder metrics

Quick Take The sell-off from Grayscale has had an interesting effect on well-known Bitcoin metrics, skewing data heading into the next halving. Examining the duration since bitcoins were last transacted on-chain, we can categorize them according to their “Supply Last Active” (SLA) period, spanning from 1+ years to 5+ years. дальше »

2024-4-4 17:46


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The future of Bitcoin mining post-halving, according to GoMining

The phenomenon of the Bitcoin halving is a cornerstone event in the crypto world, fundamentally altering the economic landscape for miners and investors alike. Occurring approximately every four years, this event reduces the reward for mining new Bitcoin blocks by half, a mechanism designed to control the supply of Bitcoin and mimic the scarcity-driven value […] The post The future of Bitcoin mining post-halving, according to GoMining appeared first on CryptoSlate. дальше »

2024-3-26 17:30


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Sam Bankman-Fried deserves 40-50 years in prison, prosecutors say

Sam Bankman-Fried, the disgraced former CEO of collapsed crypto exchange FTX, deserves a jail term of not less than 40 years, US prosecutors said on Friday. According to the sentencing memo the Department of Justice, Southern District of New York, filed on Friday, what Bankman-Fried needs is 40 to 50 years in prison. The prosecution […] дальше »

2024-3-16 23:24


Crypto Market’s ‘Monster Cycle’: $7.5 Trillion Market Value By 2025, Bitcoin Targets $150,000

In a recent Bloomberg report, it has been revealed that the market value of crypto assets is expected to witness a remarkable surge, nearly tripling to $7. 5 trillion by 2025.   Wall Street Firm Predicts “Monster Of A Crypto Cycle” The next few years are likely to usher in a “monster of a crypto cycle,” according to Wall Street research firm Bernstein. дальше »

2024-3-15 02:30


Short-term holders transfer record $4.3 billion in profits to exchanges

Quick Take Short-term holders, investors who have held Bitcoin for less than 155 days, transferred 65,000 Bitcoin in profit to exchanges on Mar. 6. According to data from Glassnode, this marks one of the highest amounts of profit sent in Bitcoin terms in the past five years, only surpassed by April 2019’s record when 75,000 […] The post Short-term holders transfer record $4. дальше »

2024-3-7 15:45


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Retail investors are easing back into crypto while VC funding rises for first time in 1.5 years

Bitcoin prices climbed nearly 70% in the fourth quarter of 2023 and the crypto market has been rebounding, marking the re-entry of small retail investors. However, retail investors, who lost billions of dollars in the 2022 market crash, are moving in more slowly and cautiously this time, compared to the bull market in 2021, according […] The post Retail investors are easing back into crypto while VC funding rises for first time in 1.5 years appeared first on CryptoSlate. дальше »

2024-2-19 23:43