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Bitcoin News
TronWeekly
2w
953
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YZi Labs Makes Bold Bitcoin Investment in Avalon’s Thriving Ecosystem
- YZi Labs has invested in Avalon Labs, a Bitcoin-powered capital markets platform.
- Avalon’s ecosystem includes USDa, now the second-largest CDP stablecoin on DeFiLlama.
- The investment supports Avalon’s regulatory expansion and institutional finance growth.
- Avalon aims to enhance Bitcoin's utility by providing various investment products, with recent focus on USDa stablecoin collateralized by Bitcoin.
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Livebitcoinnews
2w
43
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Unbeatable Fees, Uncompromisable Security: Why Traders Are Choosing Toobit
- Toobit has gained popularity among traders for its low-fee structure and user-friendly interface in the competitive crypto platform market.
- With maker and taker fees as low as 0.01%, Toobit offers some of the lowest trading fees, attracting algorithmic traders and institutions.
- Toobit's platform is designed for inclusivity, catering to both beginners and advanced users with intuitive features and professional-grade tools.
- Compared to major exchanges like Binance and Coinbase, Toobit stands out for its fee transparency, ease of use, and responsive customer support.
- Toobit prioritizes security with multi-layered protocols, AI-powered threat detection, and compliance with international regulatory standards.
- The platform's proactive security measures and commitment to user protection make it a trusted exchange in the digital landscape.
- Toobit engages with its community through various channels, listens to user feedback, and continues to introduce innovative features like copy trading and DeFi integrations.
- Traders are increasingly drawn to Toobit for its cost-efficiency, usability, and security features, making it a compelling choice in the competitive crypto market.
- With a focus on futures trading and derivatives, Toobit offers users the tools and advantages needed to succeed in today's fast-paced crypto markets.
- Toobit's commitment to transparency, security, and community engagement solidifies its position as a leading platform for both novice and experienced traders.
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Coindoo
2w
356
Image Credit: Coindoo
Here is When Bitcoin Could Reach $1 Million, According to Bitwise
- Matt Hougan, Chief Investment Officer at Bitwise, predicts that Bitcoin could reach $1 million in the next five years, driven by its emerging status as digital gold and increasing investor confidence.
- Hougan highlights Bitcoin's growing recognition as a digital store of value, with potential to claim a share of the massive gold market.
- Hougan believes in Bitcoin's value potentially increasing tenfold as more institutional capital enters the market, expressing confidence in its continued growth.
- Additionally, Hougan sees stablecoin legislation as a key catalyst for unlocking value in other blockchain assets like Ethereum and Solana, paving the way for broader crypto market adoption.
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21 Likes
Newsbtc
2w
1.2k
Image Credit: Newsbtc
Bitcoin Eyeing $112,000 After Bullish Double Bottom Breakout, Analyst Says
- Bitcoin experienced a slight weekend dip to $106,600 but has since rebounded and is now trading near $110,000.
- Crypto analysts are optimistic about Bitcoin's rise, with a potential target of $112,000 following the formation of a bullish double bottom pattern.
- The double bottom pattern typically indicates a reversal of a downtrend and a shift in market sentiment from bearish to bullish.
- Despite some mixed behavior from Bitcoin whales, strong institutional interest and high trading volumes suggest a positive outlook for Bitcoin price momentum.
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Newsbtc
2w
82
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Massive Whale Activity Detected on Binance as Bitcoin Tests New Highs
- Bitcoin's momentum has led to a new all-time high of over $111,000, although it has slightly retraced to $108,499 currently.
- Increased on-chain signals suggest large players are re-entering the market despite the short-term price decline.
- Analysts are closely monitoring whale activity on exchanges like Binance, with a surge in whale movement indicating potential upcoming volatility.
- Positive shift in spot market behavior, particularly the dominance of market buy orders, suggests renewed buyer interest in Bitcoin, signaling a potentially bullish trend ahead.
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TronWeekly
2w
82
Image Credit: TronWeekly
Long Term Bitcoin Holders are Stocking Up, While Short-Term Traders are Being Forced Out
- Long-term Bitcoin holders have been increasing their investments as short-term traders were forced out due to recent liquidations.
- The value of Bitcoin held by long-term investors has exceeded $28 billion, indicating their confidence in the market despite fluctuations.
- Charts show aggressive liquidation of short positions and a rise in long-term accumulation, reflecting a shift in market behavior towards long-term investment.
- The clustering of buy and sell orders in the Bitcoin market structure indicates strong support and stability despite recent market volatility.
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Cryptopotato
2w
195
Image Credit: Cryptopotato
Digital Assets See $3.3B Weekly Inflows Despite XRP’s Historic Reversal
- XRP experienced a historic reversal with outflows of $37.2 million, the highest on record, despite digital assets seeing $3.3 billion in weekly inflows.
- Inflows in digital asset investment products brought the cumulative six-week inflow streak to $10.5 billion, with year-to-date inflows reaching a record-breaking $10.8 billion.
- Investors are diversifying towards digital assets due to US economic uncertainty, Moody's credit downgrade, and surging treasury yields.
- Bitcoin led digital asset inflows with $2.9 billion, while Ethereum, Solana, and Sui also saw significant inflows. XRP faced outflows along with multi-asset products.
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Coindoo
2w
265
Image Credit: Coindoo
Bitcoin Liquidations Flush Out Late Longs as Long-Term Holders Accumulate
- Bitcoin experienced significant liquidations as it fell below the $111,000 mark, resulting in over $185 million in long positions being liquidated across two waves.
- Short-term traders faced consequences of aggressive risk-taking, while long-term holders capitalized on the volatility, with LTH realized cap surpassing $28 billion, the highest since April.
- Amidst the chaos, long-term investors strategically accumulated Bitcoin, utilizing price dips as entry points and reinforcing their positions during selling phases.
- As smart money moves in with the flushing out of overleveraged positions, the confidence of long-term Bitcoin holders in its value proposition contrasts with the panic-driven actions of short-term traders, potentially setting the stage for Bitcoin's next significant price movement.
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15 Likes
Cryptonews
2w
99
MicroStrategy Splashes US$427 Million on 4,020 Bitcoin as Shares Slump Amid Legal and Insider-Sale Pressures
- MicroStrategy purchased 4,020 BTC for US$427.1M, raising its total holdings to 580,250 BTC, worth over US$63B and representing more than 3% of total supply.
- Despite the buy, MicroStrategy faces pressure from insider stock sales and legal challenges.
- Other firms like Metaplanet, Nakamoto, and Semler Scientific are following MicroStrategy’s lead in Bitcoin investments.
- MicroStrategy's stock, MSTR, has dropped over 7% following a class-action lawsuit filed accusing the company of misleading shareholders over risks tied to its Bitcoin strategy.
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6 Likes
TronWeekly
2w
134
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Florida Bill Seeks to Exempt Bitcoin, XRP, and Stock Gains From State Capital Gains Taxes
- Florida lawmakers aim to eliminate capital gains tax on Bitcoin, XRP, and stocks to attract more crypto companies and provide clear tax rules for investors.
- The new bill in Florida ensures 0% tax on capital gains from cryptocurrencies and traditional stocks, with Governor Ron DeSantis endorsing the proposal to enhance the state's position in the digital asset sector.
- The move signals Florida's support for crypto companies and investors by introducing tax exemptions, although federal capital gains taxes remain unchanged and continue to apply to all U.S. residents.
- Florida's crypto-friendly regulations and zero capital gains tax proposal may lead to increased investment, potentially fueling Bitcoin price speculation as the state competes with others by offering favorable tax policies.
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8 Likes
Cryptonews
2w
404
Trump Media Fires Back at $3B Bitcoin Buy Rumors as “Pure Fiction”
- Trump Media denies rumors of planning a $3 billion Bitcoin buy as reported by Financial Times, calling it 'pure fiction'.
- No funding or crypto plans have been announced or filed by Trump Media and Technology Group according to their statement.
- Alleged plans to raise $3 billion to buy Bitcoin, as reported by Financial Times, were denied by Trump Media, with no supporting documents surfacing.
- The news of a potential $3 billion Bitcoin purchase by Trump Media has drawn political scrutiny, especially given Trump's pro-crypto stance and recent memecoin-linked events.
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24 Likes
Medium
2w
412
Image Credit: Medium
How Nebuvex Trading Platform Responds to Today’s Crypto Market Shifts
- Apple has eased its restrictive policies on cryptocurrency applications following a federal court ruling, allowing developers to direct users to external payment systems without traditional restrictions or hefty commission fees.
- The Central Intelligence Agency's deputy director acknowledged Bitcoin's importance in national security operations, signaling a fundamental shift in governmental perspective on cryptocurrency and emphasizing the need for the U.S. to maintain its competitive edge.
- The European Union plans to ban anonymous cryptocurrency accounts and privacy-preserving tokens by 2027, impacting global operations and necessitating compliance considerations for platforms like Nebuvex serving international markets.
- These regulatory shifts create a complex landscape for cryptocurrency trading in North America, with implications for mobile adoption, institutional acceptance, and compliance requirements that trading platforms must navigate to adapt to evolving market conditions.
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Livebitcoinnews
2w
73
Image Credit: Livebitcoinnews
XRP ETF Approval Odds Surge to 83% Despite SEC Delay
- XRP ETF approval odds are at 83% for 2025, with increased investor confidence and institutional interest.
- The SEC has delayed decisions on XRP ETFs, with a key ruling expected on June 17, 2025.
- Introduction of XRP futures contracts has seen positive trading volume on the Chicago Mercantile Exchange.
- Institutional adoption of XRP and potential ETF approvals indicate positive growth prospects for the cryptocurrency market in 2025.
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4 Likes
99Bitcoins
2w
321
Quantum Computers Just Got Closer to Cracking Bitcoin
- Quantum computing could pose a threat to Bitcoin security sooner than expected, with Google's latest findings indicating a potential vulnerability in encryption.
- Google's Quantum AI team has shown that breaking RSA-2048 encryption may require significantly fewer qubits than previously thought, creating concerns for the future of Bitcoin security.
- While Bitcoin does not use RSA encryption, its reliance on elliptic curve cryptography could still be susceptible to quantum attacks, potentially exposing private keys.
- The concept of 'Q-Day' refers to the prospective time when quantum computers could decrypt Bitcoin wallets and access digital assets through breaking encryption.
- Estimates suggest that Q-Day could be within a 5 to 10-year timeframe, prompting a need for quantum-resistant cryptographic solutions to safeguard against potential threats.
- Efforts are already underway to develop post-quantum security measures, including cryptographic algorithms from institutions like the U.S. NIST and initiatives by private entities.
- While quantum-powered attacks on Bitcoin are not an immediate concern, preparing for such events is essential to maintain the network's integrity and trust in the long term.
- Upgrading to post-quantum security could involve significant changes, such as a hard fork, which may be necessary to enhance Bitcoin's resilience against future threats.
- The crypto community needs to remain proactive in addressing the implications of quantum computing on Bitcoin security and take precautionary measures to protect digital assets.
- The latest advancements in quantum computing highlight the need for ongoing vigilance and readiness within the crypto space to mitigate potential risks and ensure the safety of digital assets.
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19 Likes
Newsbtc
2w
69
Bitcoin Enters A Massive Week: Key Events To Watch
- Bitcoin 2025, the annual industry gathering, is taking place from 27-29 May at The Venetian in Las Vegas.
- Key political figures and industry leaders like JD Vance, David Sacks, Bo Hines, and Nigel Farage are set to speak at the event.
- The FTX Recovery Trust will distribute over $5 billion to former customers of a failed exchange, potentially impacting the market.
- Important macroeconomic events to watch include the Federal Reserve meeting minutes release, first-quarter GDP estimate, and PCE price index update.
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