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Bitcoin News
Bitcoinsensus
1w
115
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Cetus Protocol Announces Readiness to Compensate Stolen Assets
- Cetus Protocol announces readiness to compensate stolen assets using its own reserves and UI Foundation will support the recovery through a liquidity bridge.
- Following a security incident resulting in a loss of $223 million, Cetus Protocol assured users of full compensation even if core capital remains frozen at the hacker's addresses.
- SUI Foundation is ready to provide a loan for the liquidity bridge required to restore activity, pending a vote by the SUI community to activate the $160 million frozen at hacker's addresses.
- CETUS token surged by 23% to $0.15 post-announcement of compensation plans, showing a positive market response.
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Cryptopotato
1w
90
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Trump’s Tariff Threats Have Derailed Bitcoin’s Bullish Momentum: Santiment
- Bitcoin's bullish momentum was derailed by U.S. President Trump's tariff threats towards the European Union.
- Trump's tariff actions have caused significant volatility in the market, impacting Bitcoin's price movements.
- Despite initial drops in Bitcoin's price due to tariff announcements, the market has shown resilience and recovered in response to geopolitical developments.
- Santiment highlights the impact of geopolitical tensions on Bitcoin's price fluctuations, with the next tariff decision expected on July 9.
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Coindoo
1w
299
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What Stopped Bitcoin From Reaching $1 Million by Now, According to Samson Mow
- According to Samson Mow, the main factor holding Bitcoin back from reaching the million-dollar mark is a lack of global understanding.
- Bitcoin remains widely misunderstood by both retail investors and institutional players, who often associate it with speculative trading or overlook its core principles.
- Mow believes that education and awareness are crucial for Bitcoin's exponential growth, highlighting the need for a deeper understanding of its decentralization and digital scarcity.
- Additional obstacles to Bitcoin's growth include regulatory uncertainty, media skepticism, technical barriers for mainstream adoption, scaling limitations, and energy use concerns.
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Livebitcoinnews
1w
306
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India’s Crypto Industry Pushes to Cut Harsh Taxes
- India's crypto industry is pushing for tax cuts to attract more local trading and investment.
- High crypto taxes in India are driving away investors, creating a risk of missing out on a $15 billion opportunity.
- Government openness and global shifts towards cryptocurrencies have revived hope for crypto reforms in India.
- Potential tax reforms and regulatory changes could lead to significant growth in India's crypto market, reaching over $15 billion by 2035.
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Newsbtc
1w
140
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Crypto Analyst Predicts XRP Price Could Shoot To $12 Soon
- Crypto analyst Cryptoinsight has predicted that the XRP price could rally to as high as $12 soon, citing fundamental and technical factors.
- Factors that could contribute to this price surge include recent partnerships, the acquisition of prime broker Hidden Road, and Ripple's acquisition of a payments license in Dubai.
- Cryptoinsight also mentioned Ripple's potential acquisition of USDC issuer Circle, increasing odds of XRP ETFs approval, and CEO Brad Garlinghouse's discussions on crypto ETFs.
- From a technical perspective, bullish indicators such as a bull flag forming on XRP's weekly chart were highlighted, suggesting a potential uptrend in the XRP price.
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Bitcoinmagazine
1w
4
Lyn Ulbricht Launches MACS at the 2025 Bitcoin Conference to Fight Cruel Sentencing
- Mothers Against Cruel Sentencing (MACS), founded by Lyn Ulbricht, was officially launched at the 2025 Bitcoin conference to advocate for prisoners with excessive sentences and their families.
- MACS aims to unite voices from various backgrounds to bring about meaningful reforms in sentencing laws for fair and reasonable punishment.
- Ross Ulbricht, known for creating Silk Road, faced a life sentence without parole, a decision criticized for government overreach. His recent presidential pardon signals continued advocacy for justice in the Bitcoin community.
- Ulbricht will introduce MACS at the Women of Bitcoin Brunch, with Ross giving a keynote speech at the 2025 Bitcoin Conference, emphasizing the ongoing fight for justice and personal freedom.
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Bitcoinmagazine
1w
196
Bitcoin Is Here To Stay, Says Former US Treasurer Rosie Rios
- Former US Treasurer Rosie Rios states that Bitcoin and Blockchain are here to stay during the 2025 Bitcoin Conference.
- Rios mentions that consumer behavior is hard to change without a shock to the system, showing her amazement at the momentum of change in innovation.
- Chris LaCivita emphasizes the importance of freedom in relation to crypto and the entrepreneurial spirit that America was founded on.
- Congressman Brian T. Jack highlights the use of the Congressional Review Act to repeal regulations put in place by the previous administration and underscores the significance of the decisions made in the crypto industry.
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Livebitcoinnews
1w
149
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Circle Files for NYSE IPO, Offering 24M Shares
- Circle Internet Group, a leading global financial technology and stablecoin company, files for an IPO on NYSE, offering 24 million Class A shares.
- The IPO share price is set between $24 and $26 per share, with a total of 9.6 million shares to be issued directly and 14.4 million shares to be sold by current shareholders.
- Circle reports $1.68 billion in revenue and $156 million profit in 2024, showcasing positive performance compared to the previous year.
- Circle's IPO may boost the integration of traditional finance and crypto, with the potential for more crypto companies like Ripple, Kraken, and Gemini to go public this year.
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Coindoo
1w
106
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Glassnode’s New Investor Behavior Tool Reveals Who’s Driving Bitcoin Price Moves
- Glassnode has introduced a new tool that analyzes investor behavior to determine who is influencing Bitcoin's price movements.
- The tool helps users differentiate between long-term holders and short-term speculators, offering valuable insights for navigating market cycles.
- By categorizing investor behavior into groups like Conviction Buyers and Profit Takers, the tool provides real-time insights into market dynamics.
- This tool is not limited to Bitcoin but is also available for Ethereum and major ERC-20 tokens, offering strategic advantages in understanding market sentiment and anticipating price inflection points.
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Bitcoinist
1w
221
Image Credit: Bitcoinist
Bitcoin Supply Concentrates In Experienced Hands – LTHs Show No Signs Of Distribution
- Bitcoin is trading just below its all-time high, showing signs of strength and stability, with analysts predicting further upside as momentum builds in the broader crypto market.
- Long-Term Holders (LTHs) are accumulating Bitcoin, indicating deep conviction and reduced liquid supply in the market, reinforcing the bullish thesis for sustained rallies.
- Short-Term Holders (STHs) are seen distributing their coins, potentially transferring from strong hands to weaker hands, a dynamic that could precede increased volatility.
- Critical price levels for Bitcoin include maintaining support above $103,600-$105,000 zone to sustain the broader uptrend, with a potential breakout above $112,000 signaling entry into price discovery territory.
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Coin Telegraph
1w
302
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Trump Media Group reverses stance, confirms $2.5B Bitcoin capital raise
- Trump Media and Technology Group confirmed a $2.5 billion capital raise to purchase Bitcoin, including $1.5 billion in stock sale and $1 billion in convertible senior secured bonds.
- The company views Bitcoin as a key part of their assets to defend against harassment and discrimination by financial institutions.
- Shares of TMTG dropped over 12% following the announcement of the capital raise, trading around $23.60.
- Other companies like Michael Saylor's Strategy and Semler Scientific have also been increasing their holdings of Bitcoin for their treasuries.
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Crypto-News-Flash
1w
230
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Experts Say Bitcoin Could Hit $200K—These 5 Factors Explain Why
- Bitcoin price is showing strength above $110,000, with indicators signaling further potential growth.
- The 2023 Rainbow Chart projects a $200,000 target for Bitcoin, suggesting it is halfway through its cycle.
- BTC's RSI indicates an overbought zone but remains below historical peak levels, showing room for further growth.
- On-chain indicators like the 200-week Moving Average and 2-Year MA Multiplier suggest that Bitcoin has not yet peaked, presenting opportunities for investors.
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Coindoo
1w
243
Image Credit: Coindoo
Here Is Why Bitcoin Is Stuck Around $110,000
- Institutional demand for spot Bitcoin ETFs remains strong, providing a solid base of support.
- Front-end implied volatility is firm, with traders preparing for potential headlines from the Bitcoin Conference in Las Vegas.
- QCP analysts highlighted historical precedent from last year's Bitcoin Conference causing significant volatility.
- QCP expects Bitcoin to stay within its current trading range near $110,000 post Bitcoin Conference, anticipating a decline in implied volatility.
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Coin Telegraph
1w
323
Image Credit: Coin Telegraph
Ramaswami’s Strive raises $750M for ‘alpha-generating’ Bitcoin buy strategy
- Strive, an asset manager founded by Vivek Ramaswamy, raised $750 million for 'alpha-generating' strategies through Bitcoin-related purchases.
- The strategies will involve buying undervalued biotech companies, distressed Bitcoin claims, and bottom tranches of Bitcoin credit vehicles at discounted prices.
- The $750 million raise may double to $1.5 billion and could make Strive the fifth-largest Bitcoin treasury company.
- Strive's CEO mentioned that the focus is on sustained outperformance relative to Bitcoin itself, with new valuation frameworks in place.
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Bitcoinmagazine
1w
85
President Trump Supports Strategic Bitcoin Reserve Bill, Senator Lummis Says
- US Senator Cynthia Lummis announced at the Bitcoin 2025 Conference that President Donald Trump supports the Strategic Bitcoin Reserve Act, which aims to have the United States purchase 1,000,000 BTC.
- Senator Lummis stated that there is a team in the White House working on digital assets, including stablecoins, market structure, and Bitcoin Strategic Reserve, which will likely roll out in that order.
- Several states in the US, like Arizona, Texas, and New Hampshire, have passed or considered Strategic Bitcoin Reserve bills, with the United Arab Emirates also purchasing Bitcoin through American exchange traded funds.
- Senators emphasized the importance of getting the economics right for Bitcoin adoption, with Senator Justice highlighting that once everyday people start using Bitcoin for purchases, legislation will progress rapidly.
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