Bitcoin Bull Run Over? Analyst Predicts What To Expect Now

The recent plummet in Bitcoin’s value below the $60,000 mark has sparked widespread speculation within the crypto community, raising questions among investors and market watchers about the future direction of its price.

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Should You Worry About Bitcoin Withdrawals On Exchanges? New Data Sheds Light

Bitcoin holders have been paying attention to the amount of BTC leaving crypto exchange platforms. Over the past week, the cryptocurrency’s liquidity has been moving, raising concerns about the stability of these venues and that marketmakers might be exiting the space.

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Wasabi Bitcoin Wallet Releases Update To Restore Services Amid Tor Attack

The bitcoin wallet is using exit nodes that anonymously route traffic, rather than relying on the backend of Tor while raising funds to support the network.

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Militias In Ukraine Raise $2.2M In Bitcoin And Ethereum To Support Russia

Per a recent report from on-chain analytics firm Chainalysis, pro-Russia groups in Ukraine are raising funds in Bitcoin, Ethereum, Litecoin, and other cryptocurrencies to support their operations. The report claims these groups have raised a total of over $2.

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Finland Sells Bulk of Its Confiscated Bitcoin With Proceeds Going to Ukraine

Finland’s customs service has sold off the majority of its confiscated Bitcoin, raising less than anticipated amid the market cooldown. The post Finland Sells Bulk of Its Confiscated Bitcoin With Proceeds Going to Ukraine appeared first on BeInCrypto.

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Bitcoin Mining Giant Offloads 7K Coins Raising More Than $167M

One of the biggest crypto mining companies sold the bulk of its Bitcoin holdings in June, realizing $167 million which it intends to use to repay debt. The post Bitcoin Mining Giant Offloads 7K Coins Raising More Than $167M appeared first on BeInCrypto.

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First Mover Asia: Crypto Game Consoles Aren’t Needed as Web3 Gaming Has Workers, Not Gamers; Bitcoin Dips, Then Regains Its Perch Above $20K

Studios are raising significant amounts of capital, but they must build games that do a better job of engaging users; ether and most other major cryptos rise.

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Nothing is surprising about scale of Bitcoin’s fall (from a Bitcoin bull)

Let’s regather for a second and count the bearish happenings in the market right now: Inflation is exploding to such a degree that the 4th of July fireworks this weekend are likely to pale in comparison At the same time that inflation is exploding, the Fed is raising rates (and then backtracking…and then re-affirming the […] The post Nothing is surprising about scale of Bitcoin’s fall (from a Bitcoin bull) appeared first on Invezz.

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BlockFi Raises Rates Three Days After FTX Bailout

BlockFi is raising the yield on its Bitcoin, Ethereum, and stablecoin lending products three days after FTX extended the company a $250 million revolving line of credit. The Powers of...

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Bitcoin and Ethereum Price Manage to Hold Support as Stock Markets Jump Briefly

After incurring significant losses earlier this week, the Bitcoin and Ethereum prices managed to hold support this Thursday as stock markets jumped Wednesday afternoon briefly amid the Fed raising interest rates by 75 basis points to fight inflation.

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Bitcoin, Ethereum Price Down Over 30% This Week, Terra Classic (LUNC) Overtakes Terra 2.0 (LUNA) in Market Cap

Even with the Fed raising interest rates by unprecedented amounts, last week’s Consumer Price Index (CPI) numbers showed a further 6% gain. Record gas prices continue to drive inflation at an incredible rate, causing uncertainty in global markets.

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Crypto Reacts: Binance Pauses BTC Withdrawals, Is CZ Lying?

It has been a heated start of the week for the crypto community. Crypto exchange Binance temporarily suspended withdrawals on the Bitcoin network. This happened the same day as Celsius halted all withdrawals, raising liquidity concerns.

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‘Extreme fear’ grips Bitcoin price, but analysts point to signs of a potential reversal

Sideways crypto price action persists as the Federal Reserve confirms its plan to continue raising interest rates, but analysts spot a silver lining.

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Here’s why Bitcoin may have to deal with a recession in 2024

Economists worldwide are raising fears that we could be heading towards a recession by 2024. The post Here’s why Bitcoin may have to deal with a recession in 2024 appeared first on CryptoSlate.

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Battered Bitcoin Miners Increasingly Turn to Debt Financing

Raising debt rather than equity to fund growth is being seen as more attractive, analysts say, but not everyone has the option.

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Bitcoin Slips Below $40k After Hostile Statements From Fed

Bitcoin, the flagship crypto slipped below $40K after the Federal Reserve Bank of the United States made hostile comments. Powell stated on Thursday that at the upcoming Federal Open Market Committee meeting, the Federal Reserve will consider raising the benchmark interest rate by 50 basis points (0.

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ECORISE DAO: Where Blockchain Meets Nature

Blockchain project ECORISE DAO has made its debut in the space with a unique offering. Where leading blockchains such as Bitcoin and Ethereum are raising concerns about environmental pollution, ECORISE is changing the narrative for crypto.

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Price analysis 4/22: BTC, ETH, BNB, XRP, SOL, ADA, LUNA, AVAX, DOGE, DOT

Bitcoin and altcoins continue to bounce off underlying support areas, raising the chance that a sharp down-side move could occur.

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Bitcoin drops to $40K as FED looks for faster rate hikes

Crypto markets fall as Federal Reserve chair Jay Powell states that they need to move “more quickly” in raising interest rates.   Powell also expressed that a “0. 5 percentage point interest rate increase was on the table in May.

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Bitcoin's current demand, profit levels have cues for optimal BTC allocation

Bitcoin has been gradually raising its floor price and is trading at a premium compared to its 2022 lows. However, its $41,861  price tag at the time of writing is roughly 40% less than its historic The post Bitcoin's current demand, profit levels have cues for optimal BTC allocation appeared first on AMBCrypto.

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Samson Mow’s new company JAN3 helping build Bitcoin City in El Salvador

Bitcoin entrepreneur Samson Mow has launched a new company called JAN3, reportedly raising $21M in funding at a $100M valuation.

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Riot Blockchain Bitcoin Mined Rises to 511 in March

The company also sold 200 bitcoin during the month, raising $9.4 million.

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Bitcoin Is Consciousness-Raising Technology On The Path Toward Enlightenment

Bitcoin will aid humanity in raising its levels of consciousness when self valuing people secure their individuality and everyone’s self interests are aligned.

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Patreon Removes Ukrainian Charity Raising Military Aid Citing Policy Violation

The non-profit is also raising funds in bitcoin but Patreon was the most convenient way for foreigners to donate to the fund, according to the charity's director.

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People Are Sending Millions in Bitcoin to Aid Ukraine's Military as Russia Advances

A digital wallet raising funds to support the Ukrainian army has received over $700,000 in bitcoin.

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LUNA rallies as Terra raises $1 billion to create a Bitcoin reserve for UST

Luna Foundation Guard (LFG) recently completed an over-the-counter sale of LUNA–raising $1 billion from venture capital groups led by Jump Crypto and Three Arrows Capital. The post LUNA rallies as Terra raises $1 billion to create a Bitcoin reserve for UST appeared first on CryptoSlate.

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As Ukrainian Resistance Groups Raise Bitcoin Funds, Improved Privacy Is Becoming Critical

Organizations meant to help Ukraine resist occupation by Russia are raising significant amounts of bitcoin donations. But they need to do so more privately.

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Celebrating Data Privacy Day With Bitcoin And Crypto

Today is International Data Privacy Day — a day focused on raising awareness around data privacy best practices. Data privacy is an important aspect of Bitcoin and some other altcoins, and as such, we’re celebrating Data Privacy day with a list of best practices for crypto users.

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Bitcoin Faces Grizzly Season As FED Prepares To Let Stocks Go Deeper Into The Correction Territory

On Thursday, Bitcoin’s price continues to whipsaw along the $36,500 area, hours after Jerome Powell’s speech following the latest monetary policy statement, behind a long-day price descent on Wednesday even as fresh fears of the FED raising borrowing costs to ward off ballooning inflation lingers.

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Mercado Bitcoin operator acquires Portuguese crypto exchange

After raising over $250 million from firms such as SoftBank last year, Brazil’s 2TM Group is expanding into Europe.

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Former SC Gov Candidate Is Mining Bitcoin

John Warren formed GEM Mining last year after noticing “huge opportunities” in the industry, raising $200 million since.

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Bitcoin Has Blockbuster Fundraising Week

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Mara Raising $650 Million to Buy Bitcoin and Asics

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StackSwap Completes $1.3 Million Round To Implement The World’s First DEX On Top Of The Bitcoin Network

StackSwap’s plans to launch the first decentralized exchange on the Bitcoin network just finished their first private round. After raising $1. 3 million, with a leading investment from the Stacks Foundation, and major international investors such as HashKey, Genesis Block Ventures (GBV), and SOSV, the project is set to launch in November.

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The Debt Ceiling Is A Cliff — And We Keep Raising It

Fiat money extends the debt cycle and traps citizens in ever-increasing inflation — but bitcoin forces a reckoning.

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Ethereum loses key support level as ETH price falls to two-month lows against Bitcoin

ETH/BTC dropped below its 200-day exponential moving average for the first time since March 2020, raising risks of more downside.

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Bitcoin history repeating? 3 indicators suggest October will reignite the BTC bull market

The flagship cryptocurrency has closed October in profit seven out of nine times since 2013, raising hopes that it will be able to log a fractal bull run in the next 31 days.

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VanEck Bitcoin ETF Postponed for the Last Time to Nov 14th As Futures Get the Lead Role

VanEck is one of the dozen companies awaiting an answer from the SEC on approval of physically-backed Bitcoin ETF and has also filed for a futures-backed Bitcoin ETF, which is raising Grayscale’s hackles.

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U.S. Mayor Wants To Give Everyone $1,000 In Bitcoin

Mayor Jayson Stewart wants to give every resident $1,000 in bitcoin. Jayson Stewart is the mayor of Cool Valley, Missouri. A town that only has a population of 1,500. The mayor is raising money to give each of its 1,500 residents $1,000 in bitcoin.

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Mercado Bitcoin’s Director: SoftBank investment will ‘leverage our vision’

Mercado Bitcoin was valued at more than $2 billion after raising $200 million from Softbank’s Latin America Fund in a Series B round. The capital raise puts the Brazil-based cryptocurrency exchange in elite category as it now the eighth-most valuable unicorn in all of Latin America.

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MicroStrategy Succeeds in Raising $500M to Buy More Bitcoin

Software company MicroStrategy has announced the completion of its $500 million plan to sell secured notes and use the proceeds to buy additional Bitcoin. The post MicroStrategy Succeeds in Raising $500M to Buy More Bitcoin appeared first on BeInCrypto.

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Bitcoiners Wait For Saylor Bot

Microstrategy closed its bitcoin offering today, raising $488 million after accounting for costs according to a statement. If buying begins now, then saylorbot is expected to purchase $2,000 worth of...

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22,550 Bitcoins Moved from Exchanges While MicroStrategy Began Raising $400 Million to Get More BTC

Largest aggregate amount of BTC in 2021 was withdrawn from crypto exchanges while MicroStrategy started raising money to get more Bitcoin, and BTC dropped to a new low later on

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MicroStrategy Intends to Invest Further in Bitcoin Amid Claims it is a Better Choice

MicroStrategy Inc. is raising $400 million by selling senior secured notes, whereby the acquired funds will get more bitcoins. MicroStrategy’s Bitcoin Investment The corporate bond sale is the first for the company, with proceeds directed to crypto.

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Microstrategy Selling $400M Bonds to Buy Bitcoin — Holding to Exceed 100,000 BTC

Microstrategy will soon hold more than 100,000 bitcoins in its treasury. The company is raising $400 million by selling senior secured notes and will use the proceeds to acquire additional bitcoins.

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Michael Saylor Launches MacroStrategy Subsidiary to Hold Bitcoin, Raising $400M Debt to Buy More BTC

Michael Saylor’s publicly listed analytics and business intelligence company wants to add more Bitcoin to its coffers which already holds approximately 92,079 BTC. Interestingly, these BTC will be held by a newly formed subsidiary, MacroStrategy LLC.

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Charity: Water’s Bitcoin Trust Is Raising 100 BTC To Bring Safe Drinking Water Worldwide

Nonprofit group charity: water’s Bitcoin Water Trust Initiative seeks to raise 100 BTC in donations, which will be HODLed into the next epoch.

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Ed Carpenter Racing Will Run A Bitcoin Car In The Indianapolis 500, Raising Money For Development With Strike

A black-and-orange, bitcoin-adorned Chevrolet will compete in this year’s Indianapolis 500, with a mission to raise funds for development.

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Bitcoin Stages Sudden Comeback. Will It Snatch Another Month in the Green?

Bitcoin has ripped sharply higher over the past few hours, raising the probability of closing this month in the green

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