In Its Entire History, Bitcoin Has Only Spent 0.81% of Its Life Above the $60K Line – Market Updates Bitcoin News

As of Sunday, March 3, 2024, bitcoin’s value persists in the $60,000 per unit vicinity, signaling the fifth instance this year that its price has sustained above this level. Naturally, as bitcoin’s value escalates, its duration above such thresholds shortens when contrasted with past significant milestones such as $30,000, $40,000, and $50,000. Bitcoin’s Price Discovery […] Source link

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Bitcoin in Midst of Sustainable Uptrend As BTC Bears Face Brunt of Futures Liquidations, According to Glassnode – The Daily Hodl

Prominent crypto analytics firm Glassnode says Bitcoin is in a long-lasting uptrend powered by traders who are still doubting the strength of BTC. In a new post on the social media platform X, the analytics firm says Bitcoin’s current bull run looks very different from the one witnessed in 2021 when BTC bulls were using excessive leverage to drive up the price of the crypto king. According to Glassnode, bears who are shorting BTC are getting liquidated, triggering short squeezes and providing fuel for Bitcoin rallies. A short squeeze happens…

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Satoshi’s Growing Fortune, JPMorgan Says Halving Priced in, Peter Brandt Raises BTC Price Target, and More — Week in Review – The Weekly Bitcoin News

Bitcoin’s valuation surged past the $1 trillion mark, significantly increasing the net worth of its elusive creator, Satoshi Nakamoto, by nearly $9 billion in two months. JPMorgan Chase analysts have identified the Bitcoin halving event and an upcoming major Ethereum network upgrade as key drivers of cryptocurrency prices. Veteran trader Peter Brandt has revised his […] Source link

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The Nigerian Government and Binance: The Way Forward — CMO of Flincap – Op-Ed Bitcoin News

The promise of the blockchain and cryptocurrency still remains strong. Globally, there continues to be growing interest in the blockchain and peer-to-peer exchanges. We are seeing the institutional adoption of crypto and a rise in interest in retail adoption, too. We have seen the example in the approval of ETFs for bitcoin. However, with every […] Source link

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Texas Blockchain Council and Riot Secure Legal Victory in Bitcoin Mining Data Collection Lawsuit – Legal Bitcoin News

In a landmark ruling, the Texas Blockchain Council (TBC) and Riot Platforms Inc. have triumphed in their lawsuit against the Biden administration, successfully halting the data collection efforts on bitcoin mining operations. TBC and Riot Platforms Win Case Against Bitcoin Mining Data Survey The United States District Court for the Western District of Texas has […] Source link

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Robert Kennedy Jr: Bitcoin Is Inflation Offramp — BTC Is Key to Transactional Freedom – Featured Bitcoin News

U.S. presidential candidate Robert F. Kennedy Jr. (RFK Jr.) says bitcoin is the offramp from central banks’ “money printing machine.” Emphasizing that bitcoin is a “hard currency,” he stressed the importance of making the cryptocurrency available to the American public. “Transactional freedom is as important as freedom of speech and you only get that from […] Source link

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