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Bitcoin News
Livebitcoinnews
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NEAR Protocol Partners with Nillion Network to Enhance Privacy Tools for Developers
- NEAR Protocol has partnered with Nillion Network to enhance privacy tools for developers.
- The partnership aims to provide privacy features and data storage for developers in the DeFi sector.
- The collaboration will enable NEAR Protocol developers to implement secure and private solutions.
- This partnership further advances privacy and data handling in the blockchain industry.
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Crypto-News-Flash
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Bitcoin Dominates Crypto Inflows, Investors Eyes to Federal Reserve Rate Cuts
- Bitcoin attracted $436 million in inflows as market optimism grows over potential Federal Reserve rate cuts.
- Ethereum faced $19 million outflows due to concerns over profitability in Layer 1 operations.
- Solana continues to attract positive inflows.
- Bitcoin's recovery is driven by rising market confidence and expectations of Federal Reserve rate cuts.
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Altcoinbuzz
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Bhutan Quietly Amasses $780 Million in Bitcoin Holdings
- Bhutan has quietly accumulated 13,011 Bitcoin, worth around $780 million.
- The government of Bhutan has been buying Bitcoin as part of its investment plan.
- Bhutan aims to diversify its investments and prepare for the future.
- Bhutan's Bitcoin holdings come from its own mining operations.
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Livebitcoinnews
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US Lawmakers Push Crypto ATM Operators to Address Fraud Concerns
- U.S. Senate Democrats urge major Crypto ATM operators to take action against growing fraud targeting elderly Americans.
- Fraud losses from Bitcoin ATMs reached $65 million in H1 2023, with a disproportionate impact on people over the age of 60.
- Senators highlight the role of ATM operators in deploying machines and their responsibility to implement fraud-prevention measures.
- The spike in fraud and the increasing number of crypto ATMs emphasize the need for stronger security measures to protect vulnerable populations.
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Livebitcoinnews
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Flappy Bird Creator Denies Ties to Re-Release Amid Crypto Rumors
- Dong Nguyen, creator of Flappy Bird, denies any affiliation with the re-release of the game and any involvement in cryptocurrency.
- The Flappy Bird Foundation announced plans to relaunch the game, implying crypto integration.
- Secret website pages suggest the new version may incorporate cryptocurrency and blockchain platforms.
- Nguyen distances himself from the project and asserts no support for cryptocurrency-related ventures.
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Coinpedia
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Get Ready for the Next Bitcoin Bull Run! Expert Shares Bold Q4 Forecast
- Expert predicts a mega bull run for Bitcoin in the fourth quarter.
- Historical trends show Q4 is a favorable period for Bitcoin.
- Bitcoin's market landscape indicates a weakened price, but with attempts to recover.
- Hope remains for Bitcoin's comeback in Q4.
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NullTX
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BITCOIN PRICE ANALYSIS & PREDICTION (September 17) – BTC Loses Grip Above $60k Following 5% Drops, Where Next?
- Bitcoin drops below $60k after 5% decline and losing momentum.
- Bitcoin is currently trading in a broadening wedge and forming a new bearish pattern on the daily chart.
- A weekly close below $50k could confirm a crash to $44k.
- If Bitcoin finds support, it could climb back to $60,900 and $61,190 levels.
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Bitcoinist
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Bitcoin Bullish Signal: Exchange Depositing Addresses Now Lowest Since 2016
- The number of Bitcoin addresses depositing to exchanges has reached its lowest level since 2016.
- Low depositing addresses suggest a decreased interest in selling coins on exchanges, which can be considered a bullish sign.
- The downtrend in exchange depositing addresses has been visible since the end of 2021.
- The presence of spot exchange traded funds (ETFs) could be a contributing factor to the decline in exchange activity.
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Blockonomi
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Bitcoin Trades at $58,480 as Markets Await Fed Decision
- Bitcoin price dropped 2.7% in 24 hours, trading around $58,480
- Federal Reserve expected to announce first rate cuts in 4 years
- 67% probability of a 50 basis point rate cut, up from 25% a month ago
- Trump-associated project World Liberty Financial launching governance token
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TheNewsCrypto
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Bhutan’s Bitcoin Mining Yields $780 Million in Holdings
- Bhutan holds 13,011 Bitcoins from mining operations.
- Bhutan is now the fourth-largest government in Bitcoin holdings.
- Bhutan's Bitcoin holdings result from proactive mining operations.
- Bitcoin's current price stands at $58,496.01 with a 2.97% increase in the last seven days.
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TheNewsCrypto
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Bitcoin Bear Run Extends as Price Holds on Stubbornly at $58K
- Bitcoin price holds stubbornly at $58K, showing a modest dip in the last 24 hours.
- Cryptocurrency market fails to deliver significant price movements despite previous bull run.
- Bitcoin's short-term MA stands above the long-term MA, indicating potential upward movements.
- Bitcoin attempts to overpower bears as bulls dominate, while other cryptocurrencies show modest price increases.
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TechBullion
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The Rise of Revenue Sharing in Crypto: Rollblock Continues To Gain Traction From Bitcoin Cash (BCH) and Stellar (XLM) Holders
- Rollblock (RBLK), a new crypto presale, offers a revenue-sharing model to token holders.
- BCH and XLM holders are turning to RBLK for its passive income potential and higher returns.
- RBLK, an Ethereum iGaming protocol, offers weekly payouts, staking rewards, and token buybacks.
- With a strong growth potential, RBLK has attracted over $3.4 million from nearly 15k prospective investors.
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TheNewsCrypto
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MicroStrategy to Issue $700M Convertible Notes to Buy More Bitcoin
- MicroStrategy plans to raise $700 million via convertible notes to buy Bitcoin and pay off debt.
- $500 million will be used to repay existing senior secured notes due in 2028 with a 6.125% interest rate.
- MicroStrategy will use the remaining funds for buying more Bitcoin and general business expenses.
- CEO Michael Saylor believes Bitcoin purchases add value to the company's overall performance.
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Coin Telegraph
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Intel shares jump 6% after plan to spin off AI chip-making arm
- Intel shares closed higher following a new plan to spin off its AI-focused foundry business into an independent subsidiary capable of raising outside funding.
- Intel is separating its AI-focused foundry business into an independent subsidiary — a strategic move that could help revitalize the company.
- Intel Foundry will become an independent subsidiary with its own board of directors and the ability to raise outside capital.
- The move to spin off Intel Foundry marks an escalation in competition with its rival Nvidia in the AI chip-making market.
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Cryptonews
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Most Traders Still Believe in 4-5 Rate Cuts in 2024, As Crypto Awaits Fed Announcement
- Polymarket traders predict a 99% chance of a 25 basis-point Federal Reserve rate cut on September 18.
- Bitfinex suggests that a 50 bps rate cut could lead to a long-term correction in Bitcoin's price.
- Crypto community believes in a more aggressive 50 basis-point cut, which could boost risk assets like Bitcoin.
- Polymarket accumulates nearly $1B in bets for the winner of the US 2024 presidential election.
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