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Latest data reveals global economic downturn, building stronger case for Bitcoin

Global economic data released today shows slowing growth across major economies, potentially impacting crypto markets and building the longer-term case for Bitcoin. Purchasing Managers’ Index (PMI) figures from Australia, Japan, and the Eurozone indicate contractions or weakened expansions in both manufacturing and services sectors. дальше »

2024-10-3 14:15


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KPMG calls for stronger custodial practices to boost Bitcoin adoption

Global accounting firm KPMG believes that strong custodial practices are key to boosting Bitcoin (BTC) adoption among institutions and businesses. According to its recent report titled “The Importance of Custodians in Bitcoin Adoption and Ownership,” custodians play a crucial role in safeguarding Bitcoin holdings and are vital for the industry’s growth. дальше »

2024-9-18 22:45


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Cardano Sentiment More Bullish Than Bitcoin, XRP, Data Says

Data shows Cardano is witnessing a stronger bullish sentiment than the other top cryptocurrencies like Bitcoin and XRP. Cardano Sentiment Is Currently At Its Highest Of 2024 According to data from the analytics firm Santiment, the sentiment around cryptocurrencies has marked an improvement following the rebound Bitcoin and others have enjoyed. The indicator of relevance […] дальше »

2024-8-21 03:00


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Crypto Analyst: Solana Goes ‘Parabolic Soon’ As Firedancer Draws Closer

After falling below the $121 price mark last week, the Solana has shown a strong rebound. The SOL price is up 19% from the local low. But the current setup of the Solana price suggests the potential for an even stronger upward breakout, similar to that of summer 2021, according to popular crypto analyst Daan de Rover, better known as Crypto Rover. дальше »

2024-7-11 17:00


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Bitcoin sees a 4.3% weekly decline amid miner sell-offs and ETF outflows

Bitcoin (BTC) ended the week at approximately $66,675, marking a 4.3% decrease from the previous week’s closing price of around $69,650. This downturn was characterized by stronger selling pressure than buying demand, with BTC consistently dropping on Tuesday and gradually declining further throughout the week, stabilizing over the weekend in the $66,000 to $67,000 range. […] дальше »

2024-6-19 14:50


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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. дальше »

2024-4-18 17:00


Bernstein Analysts Convinced Bitcoin Is Headed For $150,000, Here’s Why

Analysts from private wealth management firm, Bernstein have reaffirmed their previous Bitcoin prediction, emphasizing that the cryptocurrency has a greater chance to reach $150,000 by 2025.   Bitcoin $150,000 Price Forecast Grows Stronger Bernstein analysts Gautam Chhugani and Mahika Sapra said in a note to clients on Monday that they were now more convinced of Bitcoin’s exponential surge to new all-time highs at around $150,000 by mid-2025. дальше »

2024-3-16 23:30