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BTC

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08 May 23

Binance BTC withdrawal halt linked to massive coin outflows

Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied Incoming data from CryptoQuant indicates that Binance’s halt of BTC withdrawals could be connected to 3 major transactions between its wallets yesterday. On May 7, the popular crypto exchange Binance announced halting bitcoin-related withdrawals. Moments later, the platform resumed the bitcoin […]

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06 May 23

Michael Saylor reiterates his stance on bitcoin, says BTC is inflation-proof

Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied Michael Saylor, the CEO of MicroStrategy, a NASDAQ-listed business intelligence firm; and a vocal advocate of bitcoin (BTC), in a recent YouTube interview, shared his thoughts on the coin and its prospects. Bitcoin is the future Saylor said bitcoin is the […]

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05 May 23

Block’s Cash App Q1 report reveals $2b in BTC revenue

Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied Jack Dorsey’s Block recorded a stunning $2.16 billion in bitcoin (BTC) sales in Q1. The fintech company’s main product, Cash App, generated 25% more bitcoin income yearly. The shareholder letter states that the multi-billion dollar bitcoin revenues were attributed to an increase in […]

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28 Apr 23

Glassnodes displays BTC owned by US Govt and Mt. Gox trustee

Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied In a recent tweet, Glassnodes highlighted the number of cryptocurrencies owned by the US government and Mt. Gox trustee. Based on the Glassnodes report, the US government owns about 205,514 BTC. The latter, Mt. Gox trustee, now holds about 137,890 BTC. […]

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24 Apr 23

Investors accumulate DAI and other stablecoins amid BTC selloffs

Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied Investors have begun augmenting their holdings in DAI and other top stablecoins amid the prevalent selloffs that have triggered a fall in bitcoin prices (BTC) and other assets. Consequently, the cumulative balance of addresses holding DAI has recently witnessed an astronomical […]

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21 Apr 23

‘Rich Dad’ Robert Kiyosaki says BTC going to $100k

Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied Robert Kiyosaki, well known as the author of the best-selling book “Rich Dad Poor Dad,” has made a daring forecast that the bitcoin price will reach $100,000. In a recent tweet, Kiyosaki expressed his appreciation for bitcoin and cited its independence from governments […]

Bybit trading volumes surge amid USDC volatility

21 Apr 23

Crypto markets are in red as BTC slips below $28k

Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied The cryptocurrency market has recently faced an alarming decline, with the global market cap plummeting from $1.28 trillion on April 18 to a staggering $1.18 trillion on April 21. Global crypto market cap chart | Source: CoinMarketCap Bitcoin (BTC), the flagship […]

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20 Apr 23

Deribit zero-fee BTC and ETH spot trading goes live April 24

Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied Deribit crypto derivatives exchange has launched its zero-fee spot trading, scheduled to start on April 24. The product will initially support three cryptoasset pairs: BTC/USDC, ETH/USDC, and ETH/BTC. Deribit introduces zero-fee spot crypto trading In a bid to offer its users […]

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18 Apr 23

Michael Saylor stands up for BTC mining amid criticism

Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied Michael Saylor, a co-founder of MicroStrategy, responded to a recent article that discussed the amount of power used for bitcoin mining. According to Saylor, the fact that bitcoin miners don’t contribute to pollution means that a significant number of American households […]

13 Apr 23

Resurging BTC dominance poses risks for ETH

Despite the immediate concerns of a sell-off, ETH price has gained nearly 7% in the last 24-hours, trading at $1,988 as of April 13. The cryptocurrency market over the months has witnessed a resurgence in bitcoin’s (BTC) dominance over other cryptocurrencies, particularly ethereum (ETH). This comes as the Ethereum blockchain recently underwent the Shanghai upgrade, […]

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