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Bitcoin News
99Bitcoins
1w
374
Saylor vs. Proof-of-Reserves: Privacy First, Transparency Later
- Michael Saylor criticizes Proof-of-Reserves at Bitcoin 2025, stating it poses more risk than trust by exposing vulnerabilities to hackers and social engineering.
- Saylor argues that public wallet disclosures fail to reflect liabilities, providing an incomplete financial health picture.
- He advocates for third-party audits by reputable firms over open wallet tracking to maintain trust while enhancing security.
- The ongoing debate over Proof-of-Reserves underscores the industry's struggle to balance transparency with security in the crypto space.
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22 Likes
Cryptonews
1w
170
Trump Media Nets $2.5 Billion to Become Wall Street’s Biggest Bitcoin Whale
- Trump Media Group confirmed a $2.5 billion capital raise, with $1.5 billion in stock and $1 billion in notes to buy Bitcoin, just a day after dismissing the original report from The Financial Times.
- The company plans to hold Bitcoin along with $759 million in existing liquid assets, with custody of the digital assets being managed by Anchorage Digital and Crypto.com.
- TMTG stock price dropped over 12% post-announcement, currently trading around $23.05.
- The move aligns Trump Media with other publicly traded companies adopting Bitcoin strategies, following in the footsteps of MicroStrategy.
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Livebitcoinnews
1w
246
Image Credit: Livebitcoinnews
Blockchain.com Enters Africa Amid Rising Crypto Regulation Shift
- Blockchain.com aims to enter the African market, targeting countries with evolving crypto regulations like Nigeria, Ghana, Kenya, and South Africa.
- Nigeria leads Blockchain.com's African expansion due to its active crypto market and young population's interest in digital assets.
- The company plans to open a physical office in Nigeria in Q2 2025 to facilitate growth across West Africa and secure a crypto exchange license under Nigeria's securities law.
- Blockchain.com also eyes expansion in Ghana, Kenya, and South Africa, where regulatory frameworks for cryptocurrencies are progressing, to provide secure trading services in compliance with local laws.
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14 Likes
Cryptonews
1w
417
Australian Senator Labels Bitcoin a “Ponzi Scheme” That “Produces Nothing”, Despite $1M Prediction
- Australian Senator Gerard Rennick labeled Bitcoin as a Ponzi scheme and criticized its utility by stating that it 'can't be eaten'.
- Rennick's comments sparked backlash from Bitcoin advocates including Laura Shin and the Australian Bitcoin Industry Body, who defended Bitcoin's role in innovation and national resilience.
- Despite the criticism, Rennick stood by his remarks and emphasized that Bitcoin would reach $1 million due to institutional influence.
- The crypto landscape in Australia remains complex, with recent developments indicating varying perspectives on cryptocurrencies and their taxation.
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Newsbtc
1w
419
Image Credit: Newsbtc
Bitcoin Sees Massive 7,883 BTC Outflow From Coinbase – Are Institutions Loading Up?
- Coinbase, the leading US-based crypto exchange, saw a substantial outflow of 7,883 BTC, raising speculations about institutions strengthening their Bitcoin holdings.
- Large BTC outflows from Coinbase are often linked to institutional announcements or spot Bitcoin exchange-traded fund (ETF) inflows, potentially indicating ETF involvement or corporate acquisitions.
- Institutional demand is reflected in the Coinbase Premium Index, which has been consistently positive, suggesting continued interest from US-based investors and potential for another Bitcoin price increase.
- Bitcoin is currently trading near its all-time high at $109,589, with indicators pointing towards a potential break into new highs soon, supported by on-chain metrics showing holders' confidence in further price appreciation.
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Newsbtc
1w
94
How Does Bitcoin Investor Behavior Shape Trends? Glassnode Reveals
- Glassnode explains how Bitcoin investor behavior influences price trend reversals and continuations.
- The Supply by Investor Behavior indicator categorizes investors into Conviction Buyers, First Buyers, Momentum Buyers, Loss Sellers, and Profit Takers.
- Conviction Buyers buy despite price declines and stabilize pullbacks, while First Buyers play a crucial role in sparking rallies.
- Recent data suggests that new capital inflows from First Buyers have contributed to Bitcoin's rally to a new all-time high of around $109,800.
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5 Likes
Bitcoinmagazine
1w
366
Donald Trump Jr. Unveils $2.5B Bitcoin Push: “We’re Going to the Moon”
- Donald Trump Jr. unveiled a $2.5 billion Bitcoin push at the Bitcoin 2025 Conference.
- The push includes forming a Bitcoin treasury with TMTG and Truth Social, new partnerships, and a focus on building American Bitcoin reserves.
- There is a strong belief in the future of finance with Bitcoin, with emphasis on the massive opportunity it presents.
- The move towards Bitcoin was inspired by the current administration's pro-crypto stance, with Trump Jr. expressing excitement and confidence in the future.
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22 Likes
Newsbtc
1w
357
Image Credit: Newsbtc
Insane Bitcoin Surge Incoming? Expert’s Weekend Prediction Raises Eyebrows
- Bitcoin's price has been volatile, reaching over $111,900 and now trading around $109,060 with a 3.30% increase over the week.
- There are predictions that Bitcoin could hit $120,000 by the end of the week, with some traders questioning the basis of such forecasts.
- Robert Kiyosaki believes Bitcoin's scarcity will drive prices higher, with less than 2 million coins left to be mined and predicts a $250,000 price by the end of 2025.
- Technical indicators show a 60% win rate for Bitcoin in the past 30 days, with price swings averaging 5.24% and a current Greed Index reading. Predictions suggest Bitcoin could reach $119,495 by June 26, 2025.
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21 Likes
Bitcoinmagazine
1w
200
Leaders Rally Behind BTC at Bitcoin 2025 Conference: Strategic Reserves, Market Clarity, and Legislative Momentum
- Top U.S. lawmakers and Coinbase’s Chief Policy Officer discussed U.S. government's positive stance on Bitcoin at Bitcoin 2025 Conference.
- US Congressman Byron Donalds expressed support for the Strategic Bitcoin Reserve Act, highlighting Bitcoin's value as a holder of value.
- Legislative momentum driven by President Trump's spotlight on bills supporting digital assets and a push for regulatory clarity.
- Leaders emphasized the importance of certainty, consistency, and a strategic approach for Bitcoin's growth as a trillion-dollar industry in the U.S.
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12 Likes
Bitcoinmagazine
1w
102
US Senator Cynthia Lummis Discusses Bitcoin Reserve, Stablecoin Legislation, and Market Structure Bill at Bitcoin 2025 Conference
- US Senator Cynthia Lummis and Coinbase CLO Paul Grewal discussed market structure bill, stablecoin legislation, future taxing system, Bitcoin strategy reserve, and Bitcoin mining at the 2025 Bitcoin Conference in Las Vegas.
- Lummis highlighted the importance of the market structure bill for businesses interfacing Bitcoin with fiat currency. She also proposed tax exemptions for transactions under $600 to promote daily Bitcoin usage.
- Lummis expressed challenges faced by lawmakers due to hostile regulatory agencies towards digital assets and delays in enacting structural changes in the absence of a confirmed IRS director.
- Lummis emphasized the strategic importance of Bitcoin for the US economy and defense, suggesting that holding a million Bitcoin could significantly reduce the national debt and serve as a deterrent to aggression from other countries, particularly China.
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6 Likes
Coindoo
1w
319
Image Credit: Coindoo
Marathon Digital Hits $752M in Mining Revenue, Becomes Second-Largest Corporate BTC Holder
- Marathon Digital has reached $752 million in mining revenue, becoming the second-largest corporate holder of Bitcoin with over $5 billion worth of BTC.
- Strategy remains the top player with 580,250 BTC valued at more than $63.5 billion, while Marathon holds 48,237 BTC, surpassing other U.S.-based mining companies.
- Public companies, including Tesla, Coinbase, and Block, Inc., are showing increasing confidence in Bitcoin by holding significant amounts of BTC in their treasuries.
- These corporate Bitcoin holdings reflect a trend where companies are considering digital assets as a strategic reserve and preparing for a future where they play a vital role in finance and balance sheet management.
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19 Likes
Newsbtc
1w
306
Image Credit: Newsbtc
Bitcoin Price Bounces Off Re-Accumulation Zone: Why $120,000 Could Be Next
- Bitcoin bounces off re-accumulation zone, signaling bullish trend continuation.
- Analysts eye potential surge above $120,000, targeting new all-time high.
- Bitcoin trading above crucial support of $100,000 within an Ascending Channel.
- BTC may face temporary hurdle at $111,000 resistance before potential breakout to $122,000.
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18 Likes
Bitcoinist
1w
51
Image Credit: Bitcoinist
Bitcoin Miners Increase Selling Pressure Post-ATH: Market Absorption Stays Strong
- Bitcoin is holding strong just below its all-time high near $112,000, with bullish sentiment and momentum building.
- Analysts predict significant price surges ahead due to on-chain metrics and bullish market outlook.
- Miners have increased BTC selling post-ATH, with daily inflows doubling from 25 BTC to 50 BTC, indicating profit-taking.
- Despite increased selling pressure, the market is absorbing the supply well, suggesting continued robust demand and a resilient trend structure.
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3 Likes
TronWeekly
1w
249
Image Credit: TronWeekly
Bitcoin’s 99% Profit Threshold: Is the Market Heading Toward a Correction?
- CryptoQuant’s UTXO analysis sheds light on Bitcoin’s unrealized profits and potential price shifts.
- Bitcoin's 99% profit threshold hints at market optimism, but caution is advised with the potential for a correction looming.
- BTC continues its dominance with significant inflows, putting pressure on altcoins to keep pace in the market.
- Bitcoin investors are urged to be vigilant as the market approaches the 99% profit mark, which could signal a shift in market dynamics and lead to a possible correction.
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14 Likes
Livebitcoinnews
1w
421
Image Credit: Livebitcoinnews
The global market is unstable, Bitcoin is rising against the trend, XRP Mining can help you easily mine more than $10,000 a day
- The global market is facing instability and trust crisis in traditional financial markets due to concerns about fiscal stability and inflation.
- Bitcoin is defying the traditional risk model and rising against the trend, becoming a 'digital safe haven' for investors amid economic uncertainties.
- XRP Mining cloud mining platform is emerging as an opportunity for investors to benefit from Bitcoin's rise and secure passive income through easy mining.
- Features of XRP Mining include following Bitcoin's rising trend, easy daily mining without hardware, real-time transparency of funds, and global mining field deployment.
- Joining XRP Mining involves registering an account, choosing a contract package, recharging with multiple currencies, starting mining automatically, and withdrawing income daily.
- XRP Mining offers various contract plans catering to different investment amounts and potential profits, allowing users to earn from mining activities.
- The company focuses on clean energy for sustainability, security technology for user data protection, and professional technical support for quality cloud mining services.
- In the current economic uncertainty, leveraging platforms like XRP Mining may provide a strategic opportunity to participate in the Bitcoin market and potential wealth accumulation.
- XRP Mining has over 5 million users in 150+ countries, utilizing AI technology, clean energy, and top-notch security measures to ensure a safe and efficient cloud mining experience.
- Bitcoin's performance signifies a profound shift in market behavior and capital logic, suggesting a transformation in the traditional investment landscape amid global economic challenges.
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25 Likes
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