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Bitcoin News
Hackernoon
2w
43
Image Credit: Hackernoon
Bitcoin vs AI is a Good Fight for Bitcoin
- The potential battle between Bitcoin and AI is likened to a significant cyberspace showdown with global economic implications.
- Drawing parallels to the 'Kasparov vs The World' chess game, the article emphasizes the importance of human intellect over AI in strategic decision-making.
- It warns against incorporating AI-generated code in Bitcoin development, highlighting the risks of AI dominance in fundamental aspects like coding and software updates.
- The article delves into the power dynamics between AI and the state, illustrating how AI's capabilities can be exploited for centralized control and surveillance.
- Highlighting the significance of human data and financial resources as fuels for AI's operation, the article discusses the potential dangers of AI manipulation by powerful entities.
- Emphasizing the need to control AI's access to resources, particularly money, the narrative underscores the importance of leveraging Bitcoin's financial power to potentially counterbalance AI dominance.
- The article suggests that Bitcoin's significant financial backing over the years could provide leverage against AI's potential hegemony, advocating for strategic defunding of AI initiatives.
- Drawing a distinction between AI's need for data and money and Bitcoin's financial strength, the article proposes a strategic stance against feeding AI's resources.
- In discussing the dynamics between money and intelligence, the article implies that AI's success is limited without access to substantial financial resources like those embodied by Bitcoin.
- With a cautionary tone urging restraint in empowering AI excessively, the article portrays Bitcoin as a strategic asset in potentially mitigating AI's unchecked growth and control.
- Ultimately, the article paints a picture of a complex interplay between AI, money, and power, championing Bitcoin as a potential counterbalance to AI's escalating influence in various domains.
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2 Likes
99Bitcoins
2w
385
U.S. Court Blocks Singapore’s Genius Group from Expanding Bitcoin Holdings
- Singapore-based artificial intelligence company Genius Group has been temporarily barred from expanding its Bitcoin reserves following a U.S. court order.
- A New York District Court issued a preliminary injunction and temporary restraining order on March 13, restricting Genius Group from selling shares, raising capital, or purchasing additional Bitcoin.
- The court order is part of an ongoing legal dispute between Genius Group and Fatbrain AI, related to a merger and purchase agreement finalized in March 2024.
- The legal conflict has led to operational setbacks for Genius Group, including closing business units, halting marketing efforts, and selling some of its Bitcoin holdings.
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23 Likes
Coinjournal
2w
311
Pi Network token plunges 77% from peak, even as PiFest draws 1.8M users
- Pi Network's token, PI, has experienced a sharp downward trajectory, losing over 75% of its value since its February peak.
- Despite efforts to increase adoption, including the PiFest 2025 event, technical indicators and ongoing token unlocks are negatively impacting the cryptocurrency.
- Over 4.9 billion PI tokens are already in circulation, with an additional 126.6 million unlocked this month, contributing to the token's persistent downtrend.
- Technical indicators, such as the RSI below 20, suggest further downside for PI.
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18 Likes
Bitcoinchaser
2w
177
Image Credit: Bitcoinchaser
April Promos at Roobet: Win $1M+ with Easter Challenges & More!
- Roobet is offering over $1,000,000 in prizes during April with various Easter-themed challenges and promotions.
- The Easter Egg Hunt gives players a chance to find hidden eggs across six games for a share of the $30,000 prize pool.
- The Easter Target Challenge requires landing a 1,000x multiplier or higher on the featured slot game to be eligible for the $5,000 prize pool.
- Roobet is also hosting $30,000 prize drops and a $100,000 weekly raffle throughout April for additional chances to win big.
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10 Likes
Coindoo
2w
418
Image Credit: Coindoo
Crypto Market Update: Bitcoin Rises Amid Global Economic Uncertainty
- Bitcoin's price has increased by 1.23% in the past 1H and 0.97% in the past 24H.
- The global cryptocurrency market cap is $2.69 trillion, up 0.59% in the past 24H.
- Trump's new tariffs have caused volatility in traditional markets, with stocks and currencies experiencing declines.
- Bitcoin and other cryptocurrencies may emerge as attractive alternatives for investors amid global economic uncertainty.
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25 Likes
Pymnts
2w
380
Image Credit: Pymnts
Price Chaos Looms as Sweeping US Tariffs Upend Global Commerce
- Amid sweeping changes in global trade policies, US tariffs have brought uncertainty and volatility across various industries, affecting sectors like technology, automotive, and cryptocurrencies.
- The announcement of tariffs by President Trump led to a sharp market downturn, with companies reliant on imports such as Apple and Nike facing significant losses.
- Automotive companies are grappling with the impact of tariffs, leading to production halts, price increases for new vehicles, and strategic shifts in operations to mitigate the effects.
- Cryptocurrency stocks also experienced a decline following the tariff news, signaling potential instability in the sector despite some resilience against economic uncertainties.
- The pricing formula for tariffs has raised concerns about consumer costs, with estimates suggesting significant price hikes and reduced demand for imported goods in affected industries.
- Economists caution that previous tariff costs were mostly passed on to American consumers, highlighting the potential financial burden on households as prices surge across retail sectors.
- Consumer sentiment has been impacted by fears of rising prices, with concerns about the affordability of everyday goods and discretionary spending as tariffs reshape trade dynamics.
- Companies are adapting through supply chain adjustments and financing strategies to navigate the uncertain trade landscape and mitigate the immediate impact of rising costs on consumers.
- The potential for retaliatory tariffs adds further complexity for US firms reliant on international markets, underscoring the ongoing turbulence in the global commerce environment.
- The evolving situation signifies a significant shift in trade patterns and market dynamics, heralding a period of historic transformation with far-reaching implications for businesses worldwide.
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22 Likes
NullTX
2w
294
Image Credit: NullTX
Bitcoin Volatility Drops to 2.68%, Signaling Possible Calm Phase in the Market
- Bitcoin's volatility has dropped to 2.68% as of April 3, 2025, signaling a potential calm phase in the market, according to @coinglass_com data.
- Reduced volatility in Bitcoin often indicates a decline in speculative trading and retail enthusiasm, leading to a more stable market.
- The recent decrease in volatility may suggest a shift towards consolidation, with Bitcoin's price stabilizing within a narrower range.
- Macroeconomic factors like inflation, interest rates, and geopolitical events influence Bitcoin's price stability and volatility.
- Bitcoin's price tends to rise during economic uncertainty and fall when conditions stabilize, impacting its volatility.
- The current phase of reduced volatility in Bitcoin raises questions about whether it is entering an accumulation phase or gearing up for a significant price move.
- Low volatility can precede sharp price movements, potentially leading to a big rally or a significant drop in Bitcoin's price.
- Investors are advised to monitor economic indicators and cryptocurrency market conditions closely amidst the current low volatility.
- While Bitcoin's current price movements are calm, there is uncertainty about whether it signifies the calm before a storm or after a period of intense price fluctuations.
- The dip in Bitcoin's volatility to 2.68% indicates a shift in market conditions, prompting traders to reassess their positions and prepare for potential price movements.
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17 Likes
NullTX
2w
294
Image Credit: NullTX
Cryptocurrency Market Shifts: TON and BNB Lead Gains, DOGE and SOL Suffer Losses
- The cryptocurrency market has seen significant fluctuations over the last 30 days, with some assets experiencing notable gains while others suffer losses in the percentage of supply in profit.
- Leading the gains are Toncoin ($TON) and Binance Coin ($BNB), with a considerable increase in the portion of their circulating supply that is in profit.
- On the flip side, Dogecoin ($DOGE), XRP ($XRP), and Solana ($SOL) have witnessed declines in the percentage of their supply in profit, indicating challenges.
- Toncoin and Binance Coin show strong unrealized gains, reflecting market confidence and growth potential in these assets.
- In contrast, Dogecoin, XRP, and Solana face difficulties due to various factors affecting their profitability and market sentiment.
- Bitcoin and Ethereum have shown stability in the percentage of supply in profit, with Ethereum experiencing a slight decrease while Bitcoin remains relatively steady.
- The market presents a dynamic landscape with assets like Toncoin and Binance Coin standing out for their gains, while others like Dogecoin, XRP, and Solana undergo challenges.
- Understanding these market dynamics and underlying drivers are crucial for navigating the evolving crypto landscape and anticipating future trends.
- It remains essential to conduct thorough research before investing in cryptocurrencies or related services, given the volatility and uncertainties in the market.
- The crypto market's fluctuating nature underscores the need for vigilance and awareness to make informed decisions in the face of changing trends.
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17 Likes
Coindoo
2w
421
Image Credit: Coindoo
Bitcoin Poised for Long-Term Surge Despite Market Crash, Says Mintology CEO
- The recent market slump and new global tariffs announcement by the U.S. administration have created economic disruption and heightened investor caution.
- Blockchain developers, miners, and liquidity providers could face challenges due to the trade tensions caused by the tariffs.
- Despite the current uncertainty, the CEO of NFT platform Mintology predicts a significant Bitcoin surge as institutions seek alternatives amid economic instability.
- While some experts caution about limiting dollar issuance, others foresee potential interest rate cuts from the Federal Reserve, which could benefit riskier assets like Bitcoin.
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25 Likes
NullTX
2w
90
Image Credit: NullTX
Bitcoin’s Price Stays Resilient Amid Market Challenges, Key Range Holds for Next Big Move
- Bitcoin has shown resilience with a high of $87.3K, while altcoins like $HYPE, $CRO, and $ONDO struggle to keep pace.
- Despite a 7% decline in the total crypto market cap, Bitcoin has seen a slight gain of 0.2% over the past week.
- Market response to macroeconomic news like new tariffs from the U.S. has impacted Bitcoin's price and market sentiment.
- Bitcoin is currently hovering in a crucial price range between $86,900 and $84,800, key for its next price action.
- Key support zones for Bitcoin are identified between $65K and $71K, attracting strong-handed investors amidst market uncertainty.
- Inflows to Bitcoin ETFs in the U.S. signal positive institutional sentiment and growing confidence in Bitcoin as a store of value.
- Altcoins like $HYPE, $CRO, and $ONDO struggle to compete with Bitcoin's dominance, reflecting Bitcoin as the preferred asset for investors.
- Bitcoin's market movement holds significant influence over the broader crypto market, setting the tone for market direction.
- Despite facing external challenges, including market volatility, Bitcoin shows signs of maturity with increased institutional interest and resilient holders.
- Investors closely monitor Bitcoin's next move as it navigates crucial support levels, positioning it for a potential breakout or consolidation.
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5 Likes
Coinpedia
2w
329
Image Credit: Coinpedia
Bitcoin Price Prediction 2025- BTC Price May Revamp Bull Run Only After Reaching These Levels
- Crypto markets show strength amidst uncertainty in the US markets.
- Bitcoin holds pivotal support at $81,017, but faces resistance at $85,000.
- Short-term price action suggests a potential descending trend towards $80,000.
- A rebound above realized price at $93,300 may signal a resumption of the Bitcoin bull run.
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19 Likes
TronWeekly
2w
242
Image Credit: TronWeekly
Bitcoin Recovery Fades with Resistance Holding at 83.5K
- Bitcoin recovery struggles to surpass key resistance at $83,500.
- Reclaiming $90,570 is seen as the signal for a renewed bull run.
- Bitcoin remains at a critical juncture between resistance and potential downside risk.
- Near-term volatility expected as BTC navigates key levels and traders assess the market.
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14 Likes
Newsbtc
2w
240
Image Credit: Newsbtc
Bitcoin Market Sentiment Worsens as Bull Score Index Drops to 10
- Bitcoin's price continues to decline, down 5.7% in the past 24 hours and 24.7% from its all-time high in January.
- The Bull Score Index, an indicator of market sentiment, has dropped to a remarkably low level of 10, indicating severely bearish conditions.
- Increased activity among older Bitcoin holders suggests potential selling pressure, with 1,057 BTC aged 7 to 10 years recently moving.
- Analysts have contrasting views, with one pointing to the Relative Strength Index as a sign of potential bullish momentum, while another warns of a deeper market downturn if key support levels are not maintained.
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14 Likes
Cryptonews
2w
108
Image Credit: Cryptonews
Minnesota and Alabama Legislators Propose Bills for State Bitcoin Investments
- Minnesota and Alabama lawmakers propose bills to allow state investments in Bitcoin.
- Minnesota's bill would enable state funds into Bitcoin and other cryptocurrencies, allow residents to pay taxes in Bitcoin.
- Alabama's bill allows investments in digital assets with a market value of at least $750B, making Bitcoin the only qualifier.
- This trend of state-level Bitcoin bills as a hedge against inflation is seen with 47 bills introduced in 26 states.
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6 Likes
Coindoo
2w
116
Image Credit: Coindoo
Bitcoin Hash Rate Hits Record High, But Weak Network Activity Raises Concerns
- Bitcoin's hash rate reaches a record high, but concerns arise over weak network activity.
- Bitcoin's 14-day moving average hash rate hits an all-time peak of 838 EH/s.
- Transaction fees remain minimal and blocks are often underutilized.
- The future stability of Bitcoin's mining model is being questioned due to the disparity between mining power and weak network usage.
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7 Likes
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