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Bitcoin News
Coindoo
6d
24
Image Credit: Coindoo
Peter Schiff: Bitcoin’s Digital Gold Narrative Is “Crumbing Fast”
- Bitcoin has underperformed gold by about 30% since its all-time high in November 2021.
- MicroStrategy's recent Bitcoin purchases are currently in the red, with losses ranging from 2% to 15%.
- Peter Schiff believes Bitcoin is behaving more like a speculative asset than digital gold, raising doubts about its store of value and reserve asset qualities.
- Schiff suggests that as more investors see through the hype, the narrative of Bitcoin being digital gold is crumbling fast.
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Bitcoinist
6d
78
Image Credit: Bitcoinist
Bitcoin Realized Loss Suggests Early Signs Of Seller Exhaustion, Glassnode Says
- The Bitcoin Realized Loss is showing signs of saturation, suggesting seller exhaustion.
- Glassnode reveals that the recent spikes in Bitcoin Realized Loss were lower than before, indicating possible seller exhaustion.
- The scale of the 6-hour Realized Loss has been notably lower, potentially signaling a bottom for BTC.
- The altcoin market cap has reduced from an all-time high of $1 trillion to $583 billion, indicating sector-wide devaluation.
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4 Likes
TronWeekly
6d
68
Image Credit: TronWeekly
Ripple CEO’s Key Insights on Bitcoin’s Decline and Industry’s Future
- Ripple CEO, Brad Garlinghouse, emphasizes long-term vision over short-term price movements, focusing on the development of the crypto industry and XRP ecosystem.
- Ripple's $1.25 billion acquisition of Hidden Road is seen as a major milestone and a significant deal for the company, made possible due to changing regulatory climate.
- XRP is currently trading at $2.02 and has seen a 1% increase in the last 24 hours. An analyst predicts XRP could potentially reach $30 based on a long-term Symmetrical Triangle pattern.
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Coinjournal
6d
41
Bitcoin forms W-shaped reversal pattern: Is it time to buy Bitcoin Pepe?
- Bitcoin rebounds 11% from $74,400, forming a W-shaped pattern.
- BTC needs to break past $90,000 with high volume to confirm a reversal.
- Bitcoin Pepe (BPEP), a meme-focused Layer-2 solution on Bitcoin, presents an investing opportunity.
- BPEP aims to blend meme coin appeal with Bitcoin's liquidity, offering a unique investment prospect.
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2 Likes
Crypto-News-Flash
6d
242
Image Credit: Crypto-News-Flash
Bitcoin Enters UK Education as Lomond School Pioneers
- Lomond School in Scotland becomes the first in the UK to accept Bitcoin as payment for tuition fees.
- Bitcoin payments are immediately converted into pounds sterling using FCA-registered providers to eliminate volatility risk.
- This decision was made due to requests from parents, particularly those living abroad, for whom Bitcoin payments can be more cost-effective.
- The move towards Bitcoin adoption extends beyond schools, with companies and industry experts predicting widespread acceptance in various sectors.
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14 Likes
Zycrypto
6d
391
Image Credit: Zycrypto
Bitcoin to Smash $250,000 This Year: Cardano Founder Hoskinson Issues Epic BTC Price Prediction
- Charles Hoskinson, the founder of Cardano, predicts that the price of Bitcoin could reach $250,000 by the end of this year.
- Hoskinson believes Big Tech companies entering the crypto space and regulatory progress will drive the surge in Bitcoin price.
- Bitcoin experienced increased volatility due to President Donald Trump's trade policies, but rebounded after the announcement of a pause on tariffs.
- Hoskinson expects a temporary market lull for the next three to five months, followed by a surge in speculative interest by August or September.
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23 Likes
Crypto-News-Flash
6d
41
Image Credit: Crypto-News-Flash
World Food Program USA Now Accepts Bitcoin, Dogecoin, and 70+ Cryptos for Donations
- World Food Program USA has opened the door to crypto donations with acceptance of more than 80 cryptocurrencies.
- Crypto donations offer faster transactions, lower costs, and broader access, benefiting global aid delivery systems.
- The Emergency Hunger Relief Fund aims to raise $25 million for feeding people in conflict zones or affected by natural disasters.
- WFP USA's use of blockchain has improved aid delivery, reducing transaction costs and fraud, and now embraces Bitcoin and other cryptos for donations.
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2 Likes
Newsbtc
6d
107
Image Credit: Newsbtc
Whales Are Loading Up on Bitcoin Again, $3.6B in BTC Snapped Up in a Day
- Bitcoin has shown upward momentum, climbing back above $83,000 following a recent correction period.
- Accumulation addresses received a notable 48,575 BTC, totaling approximately $3.6 billion, suggesting renewed institutional activity.
- Whale wallets have consistently increased their reserves, adding over 100,000 BTC since March.
- Large holders are taking advantage of lower prices to strengthen their positions and reduce average acquisition costs.
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6 Likes
Bitcoinist
6d
177
Image Credit: Bitcoinist
Crypto Relief: SEC Abandons Case Against Nova Labs—Details
- The US Securities and Exchange Commission (SEC) has dismissed its case against Nova Labs, stating that the project's tokens are not securities.
- Nova Labs agreed to pay a $200,000 civil penalty to settle fraud claims without admitting fault.
- The dismissal sets a precedent for Decentralized Physical Infrastructure Networks (DePIN) that use cryptocurrency incentives to create physical infrastructure.
- The SEC has dropped charges against prominent cryptocurrency businesses during the Trump administration, including Coinbase, Binance, and Uniswap.
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10 Likes
Crypto-News-Flash
6d
8
Image Credit: Crypto-News-Flash
Investors Ditch U.S. Assets: S&P 500 Volatility Surpasses Bitcoin
- Volatility in the S&P 500 has increased, surpassing that of Bitcoin.
- Investors are moving away from US assets due to trade policies.
- S&P 500's seven-day realized volatility is at its highest level since the 2020 pandemic crash.
- Bitcoin's rising influence is seen with institutional confidence and price increase.
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Coinpedia
6d
350
Image Credit: Coinpedia
Top Trending Crypto Tokens This Weekend: Bitcoin, Solana, ONDO & More
- Bitcoin rebounds to $82,000 levels as Trump announces a 90-day pause on tariffs.
- Ethereum faces criticism over market dominance but shows a jump in whale activity.
- ONDO listed on Binance, generating excitement in the community.
- Solana gains momentum, testing a key breakout level with speculations around ETF approval.
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21 Likes
TheNewsCrypto
6d
333
Image Credit: TheNewsCrypto
Bitcoin Struggles to Break Resistance at $83K After Recent Market Crash
- Bitcoin struggles to break resistance at $83K after recent market crash.
- Bitcoin has factored in a modest price increase of 3.31% in the last 24 hours, reaching $83,000 level.
- Technical indicators suggest positive movements in the coming days for Bitcoin.
- Altcoins such as Magic Eden and JASMY showed significant upward movements in the last 24 hours.
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20 Likes
Newsbtc
6d
400
Image Credit: Newsbtc
Bitcoin Maxi Takes Aim: Ethereum’s True Value? Lower Than You Think
- Bitcoin maximalist Samson Mow criticizes the value of Ethereum, stating it is overvalued despite Bitcoin's rising price.
- Mow points out the disparity in performance between the two cryptocurrencies, with Ethereum's price stagnating while Bitcoin's price increases.
- Mow highlights the difference in supply between Bitcoin and Ethereum, suggesting that Ethereum's price should be lower if adjusted for supply variations.
- Mow continues his campaign against Ethereum, urging investors to sell ETH and invest in Bitcoin instead.
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24 Likes
Livebitcoinnews
6d
263
Image Credit: Livebitcoinnews
FSA Unveils Fresh New Rules to Reshape Crypto Assets
- The Financial Services Agency of Japan (FSA) presents a regulatory system to categorize crypto assets into separate groupings.
- The FSA aims to establish regulatory classifications for crypto assets, separating them between financial products and speculative token assets.
- Japan's FSA plans to implement enhanced disclosure requirements and cybersecurity defenses for businesses dealing with financial product-classified cryptocurrencies to protect retail investors.
- Proposed changes to tax reforms may result in simplified taxation procedures for cryptocurrency holders in Japan.
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15 Likes
Newsbtc
6d
61
Bitcoin Sharks & Whales Show Highest Growth Since Feb: Confidence Returning?
- Large Bitcoin wallets have witnessed notable growth recently, indicating a potential increase in confidence around the asset.
- The number of wallets holding 10+ coins has seen a significant increase in the past day, with the largest jump since February 20th.
- This growth in large wallets is seen as a higher level of confidence from crypto's key stakeholders.
- It remains to be seen whether big-money investors will continue to buy into Bitcoin in the coming days.
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