Institutional capital fuels crypto rally amid profit-taking trends — Bitfinex

The crypto market reached a new all-time high of nearly $3. 5 trillion, with Bitcoin (BTC) leading the charge due to a rapid influx of institutional capital. Additionally, the market share of altcoins excluding Ethereum (ETH), known as Total 3, reached its highest level in over three years.

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Bitcoin, Ethereum ETF reshaped: Grayscale finalizes reverse share splits

Grayscale implemented reverse share splits of Bitcoin and Ethereum ETF. Options trading for the firm's BTC ETFs will start today.  Grayscale Investments, a digital currency asset manager, hThe post Bitcoin, Ethereum ETF reshaped: Grayscale finalizes reverse share splits appeared first on AMBCrypto.

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TeraWulf stock tumbles 7% amid $425 million convertible notes announcement

Bitcoin (BTC) mining firm TeraWulf Inc. WULF stocks fell over 7% to $5. 84 following the firm’s announcement of a $425 million offering of 2. 75% convertible senior notes due in 2030. VanEck head of digital assets research Matthew Sigel highlighted that WULF was the worst-performing share in VanEck Digital Transformation ETF (DAPP) on Oct.

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Bitcoin Fees Drop 86% While Market Confidence Soars As Dominance Reaches New Highs

Despite an 86% plunge in Bitcoin transaction fees this quarter, market confidence remains resilient, with Bitcoin’s dominance hitting its highest level since April 2021. BTC's market share reached its highest since April 2021 this quarter Bitcoin's price traded mostly sideways throughout the quarter, while ETH and smaller tokens set new […]

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Where Is The Bitcoin Price Headed Next? Analyst Predicts $68k per BTC ‘Next Week’

Two prominent analysts, World of Charts and Captain Faibik, share their insights on where Bitcoin’s price may be headed as Bitcoin is facing a crucial moment.   These analysts highlight possible price changes wherein Bitcoin might test lower support levels or rise to all-time highs.

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Bitcoin Hits $58K As Retail Sentiment Improves, But Larger Holders Are Key To Sustained Rally

Bitcoin surged to $58,000 today, sparking renewed optimism among retail traders. Wallets holding less than 1 BTC now account for their largest share of the supply in seven months, signaling growing interest from smaller investors.

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How much Bitcoin does the average whale hold?

Bitcoin addresses with balances between 1,000 and 10,000 BTC hold the largest share, 24.17%, of the total BTC supply. 

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Bitcoin touches $58k again as analysts share bearish forecasts

Bitcoin fell to lows of $57,700 on Coinbase as prices dipped during the US trading session. Analysts predict further weakness is likely, and here’s what they are saying At the time of writing, Bitcoin (BTC) traded around $58,486 across major crypto exchanges.

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Bitcoin breaks past $61K - Here's how BTC's HODLers, miners reacted

Bitcoin HODLers controlled 12. 87M BTC at press time, shaping market cycles and signaling potential trends. Miners' influence on Bitcoin price weakened as their volume share dropped to 7.

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MicroStrategy to raise $2B with ATM offering as shareholders accrue more Bitcoin per share

Quick Take Q2 2024 Highlights On Aug. 1, MicroStrategy announced its Q2 results, highlighting a significant milestone as its total Bitcoin holdings reached 226,500 BTC. The company reported several key financial moves in Q2 2024, according to their quarterly presentation, including raising $800 million through 2032 convertible notes, calling $650 million of 2025 convertible notes, […] The post MicroStrategy to raise $2B with ATM offering as shareholders accrue more Bitcoin per share appeared first on CryptoSlate.

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Grayscale’s Bitcoin Mini Trust ($BTC) goes live on NYSE Arca

Grayscale announced the launch of its Bitcoin Mini Trust, $BTC, on NYSE Arca on Wednesday. $BTC went live at NAV per share of $5. 84 and had $1. 7 billion in assets under management as of July 30, 2024.

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Grayscale Bitcoin Trust Shares Plunge as Outflows Continue

Grayscale Bitcoin ETF share price plummets as clients keep withdrawing BTC

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Bitcoin vs. Dogecoin - Which crypto offers better returns in 2024?

Despite fundamental differences, Bitcoin and Dogecoin share a strong correlation Short-term trajectory pointed to a DOGE price increase and a BTC decline Not many cryptocurrencies have surviThe post Bitcoin vs.

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Core Scientific Rejects CoreWeave's Over $1B Buyout Offer

Core Scientific’s board believes that CoreWeave’s offer to buy the bitcoin {{BTC}} miner for $5.75 per share significantly undervalues the firm.

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Despite market volatility, MicroStrategy’s “BTC per Share” reaches near record levels

Quick Take MicroStrategy (MSTR) has recently experienced a pullback in its stock price, currently trading around $1,260 per share, down 35% from its recent high of nearly $2,000. This decline is in line with Bitcoin’s (BTC) 8% pullback over the same period.

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BTC dips as analysts share post-halving target for XRP, NuggetRush

Following key indicators and expert predictions, Bitcoin's recent bottom may set the stage for XRP to reach its all-time high and NuggetRush to hit new price targets after the upcoming halving. #partnercontent

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How Bitcoin captured 40.7% of the NFT market - destroys Ethereum

Bitcoin has taken 40% of the NFT market share. Three Bitcoin collections are now among the top 10 NFTs. The introduction of Bitcoin [BTC] NFT Ordinals inscriptions marked the beginning of thThe post How Bitcoin captured 40.

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FET, RNDR, TAO prices skyrocket as U.S. leads 2024's AI token scene

The U. S. was followed by the UK with a 9% global interest share. Bittensor, Render, and Fetch. ai were the most popular AI cryptos in 2024. Away from the cacophony of Bitcoin [BTC] and memecoThe post FET, RNDR, TAO prices skyrocket as U.

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Bitcoin ETFs are cheap or ‘How unit bias can extend bullish movement’

One of the more underappreciated aspects of the rise of spot Bitcoin ETFs in the US is the renewed perceived affordability of Bitcoin among new investors. While 1 BTC still equals 1 BTC, investors purchasing shares in Bitcoin ETFs like IBIT, ARKB, BRRR, EZBC, and BITB can do so for under $50 per share.

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Bitcoin Bears Brewing: Analyst Predicts A Pullback Before Halving

Rekt Capital, a well-known cryptocurrency analyst and enthusiast, has offered insights on Bitcoin’s price action ahead of the upcoming BTC Halving event. One Final Retracement For Bitcoin Before Halving? The crypto expert took to the social media platform X to share his perception with his nearly 400,000 followers.

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US Banking Crisis Might Be Here Again, Can Bitcoin (BTC) Save the Day?

New York Community Bank seeing massive share sell-off, will Bitcoin save the day?

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As Bitcoin gets ready for 2024, this investor cohort should take note

The total number of Bitcoin holders stood at 52.53 million at press time. Users who have held BTCs for 2-3 years formed the lion's share of Bitcoin's total realized cap. Bitcoin [BTC] held oThe post As Bitcoin gets ready for 2024, this investor cohort should take note appeared first on AMBCrypto.

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Crypto analysts share predictions for new ETH ATH, ADA, and how AI integration will affect this new token

Traders are becoming excited as the Bitcoin (BTC) market has gathered bullish momentum again. The bullish trend has helped Ethereum (ETH), which has recovered the $2,000 level.  A leading analyst has predicted when ETH will establish a new all-time high,…

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Crypto mining firm Phoenix Group delays share listing date

Cryptocurrency miner Phoenix Group has delayed its listing on the Abu Dhabi Securities Exchange. Bitcoin (BTC) mining firm Phoenix Group has moved the date for going public on the Abu Dhabi Securities Exchange (ADX). According to a press release published…

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‘Profitable’ BTC volume hits two-year high

The share of potential profit-generating Bitcoins (BTC) reached 83.7% of the total supply. As follows from a report by Bitfinex analysts, this is the highest figure since Nov. 2021. Experts noted that the owners of these 16.3 million BTC “are…

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Has Dogecoin Met Its Match? NuggetRush Shows Results After Raising $550,000

Even established projects including Bitcoin (BTC) and Ethereum (ETH) are losing market share to emerging protocols. Along these lines, Dogecoin (DOGE) has not been left behind. Though commanding billions in market cap, the first meme coin faces stiff competition from new projects.

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Bitcoin: Why a jump in BTC transaction fees is crucial for the network

The portion of block rewards coming from transaction fees surged to 21% on 16th November. In a post-halving scenario, similar events would result in a higher share of fee revenue. Bitcoin's The post Bitcoin: Why a jump in BTC transaction fees is crucial for the network appeared first on AMBCrypto.

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Altcoins Market Share Versus Bitcoin At A 4 Month High: What’s The Trigger?

Looking at Kaiko’s data shared on November 7 by Dessislava Ianeva, a Research Analyst at the blockchain analyst firm, it is evident that altcoins market share versus Bitcoin (BTC) has been rising in the past four months, reaching a 4-month high, the highest level since July 2023.

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Bitcoin Dominance Hits Fresh 30-Month High as Ether, Altcoins Lag in Rally

Bitcoin's [BTC] market share of all cryptocurrencies rose to a fresh 30-month high Wednesday as BTC continues to beat most altcoins or alternative cryptocurrencies.

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Bitcoin (BTC) Closes $36,000 Price Gap as CME Takes Over 25% of Market Share

Crypto market witnesses significant turning point as Bitcoin surges to $36,000, reflecting growing embrace by major traditional institutions

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Bitdeer to buy back shares worth up to $2m

Singapore-based Bitcoin (BTC) mining company Bitdeer Technologies wants to buy back its shares for up to $2 million. The Nasdaq-listed firm’s board of directors approved a new share repurchase program effective until April 17, 2024, the statement said. The program…

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Bitcoin miners Marathon, Riot, CleanSpark increase BTC output in September

Marathon Digital, in particular, produced 1,242 Bitcoin in September, which accounted for a record 4.3% share of Bitcoin miner rewards.

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How big is Bitcoin in Lugano? Decentralize with Cointelegraph goes to BTC school

Adam Back, Paolo Ardoino and enthusiastic students from all over the world share insights on Bitcoin school as well as crypto adoption in Switzerland.

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GBTC ‘discount’ hits smallest since 2021 despite BTC price at 3-month lows

Bitcoin sits in the shade as the GBTC share price creeps ever closer to 1:1 against the BTC price.

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Reasons behind the sharp decline in Bitcoin volumes in 2023

Sharp fall in the DXY index impacted stablecoin share of Bitcoin volumes in 2023. Binance was guilty of being a major contributor to the decline. Bitcoin [BTC] in 2023 hasn't been what it usThe post Reasons behind the sharp decline in Bitcoin volumes in 2023 appeared first on AMBCrypto.

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Bitcoin on the Brink: Top Analyst Warns RSI and AO Spell Trouble

Renowned technical analysis expert Cold Blooded Shiller recently took to Twitter to share a comprehensive thread on the concerning state of Bitcoin ($BTC). Known for his incisive insights and educational breakdowns, Shiller warns that Bitcoin’s momentum and trend could be on the verge of a significant shift to the downside.

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GBTC Bitcoin ‘discount’ may be gone by 2024 as share price gains 17%

GBTC shares trading at a lower implied value to BTC price may soon be a thing of the past, a new prediction says.

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Bitcoin (BTC) HODL Metrics at Five-Year Highs

'Strongest hands' of Bitcoin (BTC) network see their share in BTC's circulating supply at multi-year maximum: 30% of Bitcoins (BTC) dormant

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Could Spot Bitcoin ETFs push the U.S. towards a 99.5% market share?

The approval of spot BTC ETFs could increase U. S. share of crypto ETF trading volume to 99. 5%. The U. S. 's attempt to establish itself as a global leader in the crypto ETF landscape awaits the The post Could Spot Bitcoin ETFs push the U.

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SHIB Account Gets New Gold Check Mark, BlackRock Names Optimal BTC Share in Risk Portfolio, Ripple's Exec Drops Update on Joint Project With Montenegro: Crypto News Digest by U.Today

U.Today's daily news digest keeps you informed of the most important updates in the crypto industry

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Bitcoin Block 800,000 Mined, A Look At BTC’s Epic Achievements

Today, Bitcoin celebrated an epic milestone with the mining of Block 800,000, marking a momentous occasion in the first cryptocurrency’s history. James Check aka Checkmate, lead on-chain analyst at Glassnode, took to Twitter to share some intriguing insights into the Bitcoin network’s progress up until this point.

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Challenger exchanges look to compete with Binance as OKX, Bitget claim market share

As reserves continue to decline across all major centralized exchanges (CEXs), Binance, the top exchange by trading volume, is beginning to lose market share to other competitors. Data provided by Glassnode shows the peak for CEX Bitcoin reserves was hit in 2020, reaching 3 million BTC.

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MicroStrategy’s Saylor Envisions $250k BTC Price Following Bitcoin’s Soaring Dominance

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Sparklo (SPRK) Disrupts Crypto Status Quo As Stellar (XLM) Makes Attempts At Recovery

It is not uncommon to see new projects in the crypto space coming off to a rough start. Even the almighty Bitcoin (BTC) had its fair share of years of neglect before it caught on. However, this is not the case with Sparklo, which, from the get-go, has recorded massive support and investments from all […]

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How U.S. exchanges lost market share after regulatory clampdown

Binance. US saw its market share plummet to 1%, from an all-time high of 27% recorded recently. The dearth of liquidity was reflected in the sharp uptick in BTC outflows from Binance. The cryThe post How U.

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BTC spikes as bulls break $28k: Analysts share predictions

Bitcoin rose to $28,150, its highest level in three weeks. The upside comes as sentiment flipped positive on ETF news amid further whale accumulation. Analyst say BTC could test new year-to-date highs but bulls have to hold a key support area.

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Bitcoin Claims Nearly 50% of $1 Trillion Crypto Market as Altcoins Witness Selling Frenzy

Bitcoin’s Market Share Soars Close to 50% as Altcoin Meltdown Spurs Flight to Safety Bitcoin (BTC) witnessed a significant surge in its dominance rate within the overall cryptocurrency market capitalization early on Saturday.

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Binance market share chopped with the end of zero-fee BTC trading

A Binance spokesperson told Cointelegraph that the company had forecasted the drop after its decision to end its zero-fee Bitcoin trading but that it’s “not a concern.”

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Will Tether's latest strategy give a boost to BTC prices? This report suggests...

Tether would regularly allocate up to 15% of its monthly earnings in the purchase of Bitcoin.  Tether's market share of BTC volumes recovered after taking a hit in 2022. The latest investmeThe post Will Tether's latest strategy give a boost to BTC prices? This report suggests... appeared first on AMBCrypto.

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