Bitcoin News

Argentina and El Salvador, both facing economic struggles, are taking vastly different approaches to cryptocurrency. While El Salvador became the first country to adopt Bitcoin as legal tender in 2021, Argentina’s new president, Javier Milei, is taking a more measured route, prioritizing regulation and differentiation between the crypto and the broader cryptocurrency landscape. Bitcoin Distinction
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Bitcoin (BTC), the flagship cryptocurrency, endured a brutal week, shedding over $4,500 and tumbling below the crucial $67,000 support level. This sudden price reversal triggered a cascade of liquidations across trading platforms, with a staggering $427 million vanishing within a 24-hour period, according to data from CoinGlass. Analysts are scrambling to pinpoint the exact cause
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While many financial experts and crypto investors believe that Bitcoin could potentially surpass gold as a universal store of value, renowned economist and global strategist, Peter Schiff has consistently contrasted BTC’s potential with that of gold, asserting that the cryptocurrency pales in comparison.  Schiff Champions Gold Over Bitcoin In a series of X (formerly Twitter)
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The concerned wallet belonged to Coinbase Prime Custody. The transfer highlighted cost advantages of on-chain transactions over traditional platforms. A large Bitcoin [BTC] transaction caught the attention of the cryptocurrency market, prompting discussions and theories about the nature of the transfer. What happened? A wallet sent 15,519 Bitcoins, worth $1.1 billion, on Saturday, by paying
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The Bitcoin market is brewing with anticipation as a confluence of surging demand and dwindling supply threatens to trigger a liquidity crisis. This potential shortage of available Bitcoin comes on the heels of the upcoming halving event, historically a bullish period for the world’s most popular cryptocurrency. Bitcoin Demand Up? CryptoQuant, a prominent on-chain data
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Novogratz saw Bitcoin as a hedge against economic instability. Novogratz criticized US fiscal policies and the government’s digital currency approach. 2024 has proven to be a remarkable year for Bitcoin [BTC], with prices rallying up before the halving event. On the contrary, historical patterns indicate a bullish trajectory for the cryptocurrency post-halving.  On the 29th
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Robert Kiyosaki, the best-selling author of the popular book, ‘Rich Dad Poor Dad’ has hailed Bitcoin as the perfect asset. Delving into the digital asset’s distinctive qualities, the financial expert offers a comprehensive comparison between BTC and traditional fiat currencies through a question-and-answer format.  Bitcoin As The Perfect Asset In a recent X (formerly Twitter)
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Bitcoin’s recent corrective price action was blamed for the lower inflows. Genesis Global’s liquidation of bankruptcy assets drove outflows from GBTC. Investment funds tied to Bitcoin [BTC], the world’s largest cryptocurrency, witnessed net outflows last week, snapping a 7-week streak of inflows. Investors go bearish on Bitcoin According to the latest report by digital asset
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As the Bitcoin (BTC) halving event approaches, Glassnode researchers advise traders to adjust their strategies and expectations. The firm’s latest report emphasizes the importance of monitoring long-term holders’ behavior and the Long-Term Holder Market Inflation Rate to anticipate market changes. This cycle differs from previous ones, with Bitcoin reaching an all-time high before the halving.
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