Bitcoin bleeds. After days of relentless selling, the king of crypto clawed back from the $85,000 abyss. Fear grips the market, but could this be it? The sheer panic now ripping through Bitcoin holders hints at a possible bottom. Is this the final shudder before the rebound? “The price clings to a precarious psychological threshold, balanced on a knife’s edge. …
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Bitcoin’s ominous descent below a crucial support level has veteran market watchers sounding the alarm, suggesting the king of crypto may have just stumbled into a bear’s den. Bitcoin’s next price target might be $81,250, a figure whispered by a historical trendline. Crypto analyst Ali Martinez highlighted on X that Bitcoin’s 730-day Simple Moving Average – a two-year SMA that …
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Forget Bitcoin lattes. BlackRock’s digital asset chief, Robbie Mitchnick, reveals a surprising truth: the big players aren’t eyeing Bitcoin for your daily coffee run. Their investment decisions hinge on something far grander than transactional utility, signaling a divergence from mainstream crypto narratives. “The old global payment network argument? It’s largely irrelevant now,” Mitchnick declared in a recent YouTube podcast, suggesting …
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Bitcoin teeters on a knife’s edge. The collapse of a rising wedge formation has sent its price hurtling toward a critical support zone. This nosedive marks Bitcoin’s first major dip over 33% since hitting all-time highs, a historical red flag signaling potential turbulence ahead. Technical forces are now clashing with a historically pivotal level, setting the stage for a make-or-break …
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XRP’s buzz is reaching a fever pitch. Ecosystem expansion, whispers of Spot XRP ETFs, and a surge in market curiosity are fueling the hype. But let’s pump the brakes. While XRP’s gaining ground, it’s still playing catch-up in Bitcoin’s colossal shadow when it comes to overall market value. Imagine XRP dethroning Bitcoin. Sounds like crypto fantasy, right? But let’s crunch …
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Bitcoin’s epic saga hits a pivotal moment. A staggering 95% of its finite 21 million supply has been unearthed, reveals Glassnode’s latest dispatch. With 19.949 million BTC already dancing in the digital ether, a mere 1.050 million remain locked within the blockchain’s depths. Prepare for a slow burn: these last coins will trickle into the market, each halving etching scarcity …
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Crypto entrepreneur Mike Alfred believes the U.S. is playing a waiting game with Bitcoin, strategically holding back on accumulating it for national reserves until a rival nation blazes the trail – a high-stakes game of chicken in the digital currency arena. “Buckle up, crypto fans! In a bombshell podcast released Tuesday, Alfred dropped a truth bomb: the US government is …
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Forget the bottom when everyone’s screaming for it. Santiment data reveals crypto’s true lows materialize when the doomsayers are out in force, not when they’re predicting disaster. “Beware the siren song of universal agreement on a price bottom,” warned Santiment. “The real market bottoms? They’re usually born in the depths of despair, when everyone else is bracing for another plunge.” …
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BitFuFu, the Singaporean cloud-based Bitcoin miner, struck gold in Q3, doubling its revenue year-over-year. Fueled by surging demand for both its cloud mining services and mining equipment, BitFuFu helped miners ride the Bitcoin wave as prices surged. BitFuFu’s Q3 earnings exploded, doubling revenue to a staggering $180.7 million! Cloud mining reigned supreme, fueling the surge with a whopping $122 million …
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Bitcoin: Magic internet money or the future of finance? For many, it’s easily dismissed – a digital novelty unworthy of their time. “I’ll just ignore it until it disappears,” they say. But what if ignoring it isn’t an option? What if Bitcoin’s not just some fleeting trend? The initial reaction is often disbelief, a scoff at exchanging “real money” for …
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