Tag: Bitcoin Price

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The Future of Bitcoin and Crypto in the Trump-Musk Space Era

Elon Musk and former President Donald Trump recently had a two-hour long interview that covered topics such as illegal immigration, the economy, AI, and global warming. Even though the interview attracted over 1 million...
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Analysis: Short-Term Holders Hold 2.5M BTC at Loss

Short-Term Holders Hold 2.5M BTC at LossRecently, it has been reported that short-term holders of Bitcoin are currently holding 2.5 million BTC at a loss. This news has sparked interest and concern among the...
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Navigating Short-term Bitcoin Investing: How to Avoid Panic Selling

Short-term Bitcoin investors are currently facing challenges as the average price for short-term holders stands at $64,860. This could lead to panic selling if there is another significant sell-off in the market. The latest...
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Santa Monica Bitcoin Office Boosts Cryptocurrency Adoption in California

The city of Santa Monica in California has taken a significant step towards embracing cryptocurrency by launching a Bitcoin Office. The main objectives of this office are to educate the local community about Bitcoin...
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Bitcoin Reaches $125 Trillion in Transaction Volume: A Milestone in Cryptocurrency History

Bitcoin's transaction volume has reached an impressive milestone, hitting $125 trillion in FIAT terms, according to recent data. This marks a significant increase from the $114 trillion recorded at the beginning of the year,...
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Bitcoin Volume Hits Record High After FTX Collapse: What It Means

Bitcoin trading volume surged to a record high following the collapse of major cryptocurrency exchange FTX. This development has raised questions about the future of the digital currency and what it means for investors.The...
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Bitcoin Profitability Before and After Halving: A Detailed Analysis

Bitcoin's profitability has been a hot topic of discussion recently, especially with the upcoming halving event. According to recent data, the percentage of Bitcoin addresses in profit hit 100% before the halving but fell...
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Coinbase and MicroStrategy Surge as Bitcoin Price Hits $59k – CoinJournal

Coinbase and MicroStrategy stocks have experienced a significant increase, rising by 6% and 7% respectively, as the price of Bitcoin surged above $59,000. This positive movement in the market on August 8th saw Coinbase...
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Bitcoin Price Drops to $57k Amid Market Decline and Recession Concerns

Bitcoin's price has dropped to $57,040 as the market experiences a decline fueled by concerns of a global recession and escalating tensions in the Middle East. This marks an 8% decrease since the start...
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Bitcoin’s Correlation with Gold Strengthening During Economic Downturns

During times of economic uncertainty, investors often look for safe-haven assets to protect their wealth. In recent years, both Bitcoin and gold have emerged as popular options for investors seeking to hedge against market...