Tag: Bitcoin Market
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Bitcoin Rallies on US-China Trade Deal Hopes
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Bitcoin has surged close to a new record, driven by optimism surrounding the United States and China finalizing their long-awaited trade agreement. The cryptocurrency market is riding on the prospect of reduced global economic uncertainty as the two economic superpowers iron out their trade differences. US-China Trade Deal Sparks Market Optimism On Wednesday, former US…
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Bitcoin Surge Spurs Crypto Stock Rally as Firms Deepen Treasury Holdings
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As Bitcoin’s price climbs past $110,000, a renewed wave of corporate crypto adoption has helped fuel a broad rally in crypto-linked US stocks. On Monday, several publicly traded firms ranging from crypto miners to fintech newcomers saw their share prices rise, reflecting growing confidence in Bitcoin’s long-term trajectory and stability amid improving global economic signals.…
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Bitcoin Profit-Taking Surges After Golden Cross
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Bitcoin (BTC) investors have ramped up profit-taking activity following a classic technical signal known as the golden cross, confirmed on May 22. On this day, Bitcoin’s 50-day simple moving average (SMA) crossed above its 200-day SMA, a bullish indicator suggesting sustained upward momentum. Historically seen as a signal of long-term price appreciation, the golden cross…
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Bitcoin Hits New ATH Near $110K: What’s Next for the Crypto Giant?
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Bitcoin has once again made headlines as it shattered its previous all-time high (ATH), touching $109,845 and pushing the boundaries of bullish momentum. After surpassing the earlier resistance at $109,588, the flagship cryptocurrency has entered a fresh price discovery phase, marked by growing institutional confidence and strong market fundamentals. This surge comes on the back…
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Bitcoin to $250K in 2025? Institutional Adoption Fuels Optimism
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The cryptocurrency world is abuzz with renewed optimism as analysts predict Bitcoin could soar to $250,000 by the end of 2025. Scott Melker, a prominent crypto analyst and host of The Wolf of All Streets podcast, recently spotlighted factors driving this bullish outlook, citing institutional adoption, diminishing volatility, and regulatory advancements as key catalysts. Institutional…
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Controversial Public Figure Leaked 50% of the Meme Token TIKTOK Emission
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On January 19, Fournier proposed the idea of the meme token Official TIKTOK COIN (TIKTOK). User X under the nickname Asta created the coin on Pump.fun and sent the public figure half of the emission. The token quickly skyrocketed in value, reaching a market capitalization of more than $90 million. However, on the evening of…
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Wyoming pushes Bitcoin Bill to diversify State investments
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‘House Bill 0201 (HB0201)’, a legislative proposal that seeks to permit the state to allocate a portion of its public funds to Bitcoin investments. The bill sets a cap of 3% on BTC investments from eligible state funds, including the general fund, the permanent mineral trust fund, and the permanent land fund. It authorizes the…
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Bitcoin Rally Splits Market: Miners Accumulate, Traders Hedge
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Bitcoin (BTC) recently surpassed the pivotal $95,000 mark, sparking mixed reactions across the market. While miners exhibit growing confidence, traders remain cautious, with derivatives data hinting at bearish sentiment. This divergence between key market participants raises questions about the coin’s next move. Miners Accumulate as Reserves Hit Turning Point Bitcoin’s decisive break above $95,000 has…
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Ripple moves 500M XRP worth $1.1B as market eyes $2.30 resistance
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Ripple moved 500 million XRP, valued at around $1.1 billion, sparking fresh speculation across the crypto space. The transfer, flagged by blockchain monitoring service Whale Alert on May 2, initially sparked speculation of a large-scale dump. On-chain data, however, indicates that it was not a transfer to external wallets but rather a part of Ripple’s routine monthly…
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Bitcoin to $1M? Arthur Hayes’ Bold Prediction at TOKEN2049
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At the TOKEN2049 conference in Dubai, Arthur Hayes — CIO of Maelstrom and co-founder of BitMEX — made headlines with a striking prediction: Bitcoin could surge to $1 million by 2028. Taking centre stage at the event’s inauguration ceremony, Hayes urged investors to “go all in on everything,” highlighting his steadfast commitment to the future…