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Bitcoin

Bitcoin’s Price Fluctuations Sparking Fear, Uncertainty, and Doubt (FUD) Among Traders: A Santiment Analysis

June 24, 2024 by Arnold Potts

Bitcoin is currently experiencing an “extended level” of Fear, Uncertainty, and Doubt (FUD) according to Santiment, a leading crypto market intelligence platform. This heightened level of FUD is unusual, with many traders expressing fear or disinterest in the market. Santiment suggests that …

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Bitcoin Price Bloodbath: Will $50,000 be the Breaking Point?

June 22, 2024 by Arnold Potts

Bitcoin price is facing a precarious moment this week as the market becomes more unstable, with the risk of an elongated correction from $70,000 reaching critical support at $60,000. The fear of a potential bloodbath looms as altcoins join the fall, with …

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Bitcoin Price Analysis: Is 6 Months of Sideways Action Ahead?

June 22, 2024 by Arnold Potts

Bitcoin (BTC) may have months of consolidation ahead, according to a recent analysis comparing the current price action to historical patterns. Popular trader and analyst Rekt Capital highlighted similarities between BTC’s performance this year and in 2023, suggesting that the cryptocurrency could …

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Bitcoin Whale Activity: Germany’s $3 Billion BTC Holdings on Radar

June 21, 2024 by Arnold Potts

Bitcoin Whale Activity Surges as Germany Offloads $3 Billion BTC Holdings In the past week, the Bitcoin whale activity has seen a significant increase, indicating a fierce battle between the bulls and the bears in the cryptocurrency market. Recent reports reveal that …

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Bernstein Analysts Predict Bitcoin Price to Reach $200K by 2025 Due to Spot BTC ETF Flows

June 21, 2024 by Arnold Potts

Analysts at research and brokerage firm Bernstein have made a bold prediction regarding the price of Bitcoin (BTC), suggesting that the cryptocurrency could reach nearly $200,000 by the end of 2025. This forecast represents an upward revision from their previous target of …

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Hong Kong Considers New Crypto License to Enhance Market Regulation

June 20, 2024 by Arnold Potts

Hong Kong is considering implementing a new licensing system for crypto-fiat conversions in order to enhance regulation in its virtual asset market. This move, as reported by Ta Kung Pao, demonstrates the government’s commitment to creating a well-regulated crypto market. David Wu, …

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Is Germany selling its BTC? Arkham-tagged wallet sparks curiosity

June 20, 2024 by Arnold Potts

A mysterious crypto wallet labeled “German Government (BKA)” has caught the attention of the crypto community after it started moving Bitcoin on June 19. The wallet, which has been monitored by the onchain analytics firm Arkham, has sparked speculation that the German …

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Australian Stock Exchange Makes History with First Bitcoin ETF Listing

June 20, 2024 by Arnold Potts

The Australian Securities Exchange (ASX) made history on Thursday by launching its first-ever Bitcoin exchange-traded fund (ETF), signaling a significant step towards mainstream acceptance of cryptocurrencies in Australia. The VanEck Bitcoin ETF, trading under the ticker symbol VBTC, has an initial net …

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German Government Agency Transfers $425M Bitcoin to Crypto Exchanges

June 19, 2024 by Arnold Potts

German Government Agency Transfers $425M in Bitcoin, Some to Crypto Exchanges In a surprising move, a German government agency has transferred a whopping $425 million in bitcoin to another wallet address, with some of the funds being sent to crypto exchange deposit …

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Altcoin Daily Predicts Crypto Millionaires in the Making Despite Bitcoin’s Recent Fall

June 19, 2024 by Arnold Potts

Despite recent volatility in the cryptocurrency market, popular YouTube channel Altcoin Daily remains optimistic about the future of Bitcoin and altcoins, predicting a continuation of the current market cycle that could potentially create a new wave of crypto millionaires. Altcoin Daily’s hosts …

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Tags Bitcoin, Cryptocurrency
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