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Bitcoin News
Bitcoinist
2d
299
Image Credit: Bitcoinist
South Carolina Drops Staking Lawsuit Against Coinbase, CLO Expects Remaining States To Follow
- South Carolina has dropped its lawsuit against Coinbase, becoming the second state to do so after the change in focus by the US watchdog.
- The Chief Legal Officer of Coinbase described this development as a 'victory' for crypto investors.
- South Carolina dismissed the case as part of a joint stipulation with the state's Attorney General Securities Division.
- The US crypto landscape is becoming less hostile as the SEC has dismissed or paused several key crypto lawsuits in recent months.
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18 Likes
NullTX
2d
206
Image Credit: NullTX
Bitcoin Sees Unprecedented Bullish Sentiment as Institutions and Social Media Rally Behind Crypto
- Bitcoin is experiencing a surge in optimism, with institutions and social media fueling a bullish sentiment in the cryptocurrency market.
- Institutional interest in Bitcoin is at an all-time high, with companies like GameStop and BlackRock showing notable involvement in the crypto space.
- BlackRock launched the first yield-bearing tokenized treasury funds on Solana, signaling a significant shift in institutional investors' perception of the cryptocurrency space.
- Social media platforms like Twitter, Reddit, and Discord play a crucial role in shaping the future outlook of Bitcoin by driving positive sentiment and discussions.
- The ratio of positive to negative commentary on Bitcoin on social media stands at an impressive 18:1, indicating a strong wave of bullish conversations.
- The positivity surrounding Bitcoin is not just speculative but driven by its growing recognition as a wealth preservation tool and a hedge against inflation.
- With increasing institutional investments, strong community support, and influencer advocacy, Bitcoin seems to be entering a transformative phase in its adoption and market growth.
- The overall crypto market is also expected to benefit from Bitcoin's surge, with altcoins gaining traction as investors seek diversification in digital assets.
- The current environment suggests a promising future for Bitcoin and the broader cryptocurrency ecosystem, with society increasingly accepting decentralized finance and digital currencies.
- The overwhelmingly positive sentiment and growing conversations on social media indicate a bright outlook for Bitcoin, backed by institutional legitimacy and technological advancements.
- In conclusion, Bitcoin's future looks exceptionally optimistic, with a strong foundation laid by institutional backing, community support, and a surge of positivity on social media platforms.
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12 Likes
Bitcoinist
2d
230
Image Credit: Bitcoinist
Bitcoin’s Next Move: Here’s What Exchange Flows Are Telling Us
- Bitcoin's price stability above $84,000 is being analyzed for its next move.
- Exchange flow data reveals sustained outflows, indicating investors withdrawing assets for long-term holding.
- Such behavior historically suggests increased market confidence and has preceded upward price movement.
- Volatility continues in the short term, but long-term trajectory could remain upward if withdrawal trends persist.
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Bitcoinsensus
2d
128
Image Credit: Bitcoinsensus
XRP ETF Speculation Hits Highs Amid Legal Clarity for Ripple
- Polymarket predicts an 87% likelihood of XRP ETF approval by 2025 as speculation around Ripple’s potential collaboration with BlackRock and Fidelity intensifies
- Ripple’s legal victory against the SEC has positioned XRP as a more attractive product for Wall Street, leading to institutional interest and acquisition plans in the pipeline
- Nate Geraci and Kris Marszalek forecast billions in inflows for an XRP ETF market, with several prominent firms already filing for XRP-related ETFs
- Institutional investors seek opportunities in regulated and legally clarified digital assets, and an XRP ETF tracking the third most valuable cryptocurrency by market capitalization is highly anticipated
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7 Likes
Newsbtc
2d
54
Image Credit: Newsbtc
Bitcoin’s Rise Isn’t Random: Analyst Reveals What’s Really Fueling BTC Above $85K
- Bitcoin (BTC) continues to trade above the $84,000 mark with some slight decline in momentum.
- On-chain analysis reveals that Bitcoin's recent rise is driven by the strategic actions of long-term holders.
- Strategic accumulation by long-term holders reduces supply and increases scarcity, leading to stronger price responses.
- Monitoring Mean Coin Age (MCA) can provide insights into market sentiment and potential shifts in behavior.
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3 Likes
Bitcoinist
2d
386
Image Credit: Bitcoinist
Is Bitcoin About To Skyrocket Or Crash? Truflation Spills The Tea
- Bitcoin tends to surge after periods of disinflation, according to research by Truflation.
- The study points to a correlation between Bitcoin's price increases and cyclical 'inflection points' in Truflation's inflation index.
- The index reached a low of 1.30% before rebounding to 1.80%, suggesting a potential new wave of Bitcoin buying.
- Bitcoin's sensitivity to changes in liquidity conditions and expectations of the Federal Reserve influence its price movements.
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23 Likes
Bitcoinist
2d
387
Image Credit: Bitcoinist
Bitcoin Faces Stacked Resistance At $89K-$90K Range – Insights
- Bitcoin faces stacked resistance at the $89K-$90K range as bearish momentum builds.
- Bitcoin failed to hold key levels and now faces three significant resistance levels: $89,000, $90,000, and $95,000.
- The broader macroeconomic environment and ongoing geopolitical uncertainty contribute to the bearish sentiment.
- BTC currently trades at $85,000 with the need to hold support at $85K and push above $90K for a potential bullish reversal.
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23 Likes
Newsbtc
2d
63
Image Credit: Newsbtc
Whale Grabs 506 Billion PEPE—Is A Price Explosion Near?
- A major player named qianbaidu.eth has withdrawn 506 billion Pepe tokens from Binance, worth around $4.4 million.
- Pepe's market value reached $11 billion in December 2024, attracting attention from major investors.
- 542 new Pepe holders appeared in March 2025, indicating renewed interest in the coin.
- The whale's buying activity may signal a potential rise in the price of Pepe, but caution is advised due to the volatile nature of meme coins.
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3 Likes
TheNewsCrypto
2d
105
Image Credit: TheNewsCrypto
Peter Schiff Mocks Bitcoin Slump, Hails Gold’s Rise as Validation
- The price of bitcoin fell by 4.12% in the last 24 hours, while the price of gold reached a record $3,080.
- Economist Peter Schiff sees gold's rise as validation and proof of his argument against Bitcoin.
- Schiff criticized GameStop for their Bitcoin investment and claims investors who don't view Bitcoin as a sustainable long-term investment have started to sell.
- Gold's increase is attributed to the weakening dollar and concerns about inflation exceeding the Federal Reserve's objective.
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6 Likes
Coindoo
2d
231
Image Credit: Coindoo
Wealth Manager Adopts Corporate Bitcoin Treasury Strategy
- Wealth manager company adopts corporate Bitcoin treasury strategy.
- The company plans to use a portion of its excess cash to purchase shares of BlackRock's iShares Bitcoin Trust ETF.
- The company has already allocated $2 million to its Bitcoin treasury and intends to increase this amount by the end of the year.
- CEO Anthony Hayes emphasizes the commitment to expanding investment banking services and investing in innovation.
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13 Likes
Newsbtc
2d
137
Image Credit: Newsbtc
GameStop (GME) Down Bad After Bitcoin News — Here’s The Catch
- GameStop (GME) suffered a sharp 25% drop following the decision to establish a Bitcoin treasury.
- GameStop's initial rally after the Bitcoin announcement has been reversed.
- The drop in GameStop's stock price is attributed to convertible arbitrage strategy and shorting by institutions.
- Several analysts believe that the price dip could present a buying opportunity for traders.
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8 Likes
Crypto-News-Flash
2d
133
Image Credit: Crypto-News-Flash
U.S. Government Moves 97 BTC and 884 ETH—What’s Behind the Transfer?
- The U.S. government transferred $10.23 million in Bitcoin and Ethereum, potentially linked to crypto consolidation strategies.
- The transfer follows a March 18 order by President Donald Trump to set up a Strategic Bitcoin Reserve, signaling a broader plan.
- Bitcoin’s volume increased by 15% and Ethereum's rose by 12% after the transfer, causing market anxiety.
- The U.S. government holds 198,012 BTC and 59,965 ETH, with the recent transfer potentially being part of an internal reorganization rather than a sell-off.
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8 Likes
Bitcoinmagazine
2d
39
Image Credit: Bitcoinmagazine
Proposed South Carolina Bill Lets State Treasurer Invest 10% Of State Funds In Bitcoin
- South Carolina's proposed bill, H. 4256, the 'Strategic Digital Assets Reserve Act', allows the State Treasurer to invest up to 10% of state funds in digital assets, including bitcoin.
- The bill aims to establish a reserve to hedge against inflation and economic volatility, as the purchasing power of assets held in state funds has eroded due to inflation.
- The bill does not specify if state officials will hold the private keys to the digital assets but allows for the use of cold storage or third-party custody.
- The State Treasurer would be responsible for preparing biennial reports, publishing proof of reserves, and conducting annual independent audits to ensure compliance and security.
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2 Likes
TronWeekly
2d
66
Image Credit: TronWeekly
Peter Brandt Warns of Bitcoin Crash to $70K Amid Market Turmoil
- Bitcoin is trading below $86,000 as market sentiment remains cautious.
- Bitcoin Futures Open Interest fell by more than 1.5 percent.
- Veteran trader Peter Brandt predicts potential BTC drop to $70K.
- Analysts remain divided on Bitcoin's next move, with positive forecasts and cautious sentiment.
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4 Likes
Zycrypto
2d
188
Image Credit: Zycrypto
Bitcoin Short-Term High Is Still Red Despite New Whale Accumulations
- Bitcoin's short-term high remains negative despite new whale accumulations.
- Short-term holders face unrealized losses of around 4%.
- Bitcoin whales have accumulated $11 billion worth of assets in the last 14 days.
- Analysts believe a $95k target can be sustained with easing macro tensions alongside whale purchases.
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11 Likes
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