Tag: Bitcoin
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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 Price Stalls Amid ETF Outflows and Neutral Market Sentiment
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Bitcoin’s price has entered a consolidation phase, trading at $105,550 on June 8, reflecting a 5% recovery from last week’s lows but remaining 5.75% below its annual peak. The market dynamics suggest a mix of profit-taking, declining sentiment, and strategic moves by investors and institutions. ETF Outflows Signal Market Uncertainty Recent data highlights consecutive weekly…
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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 Eyes All-Time High as $107.5K Emerges as Key Resistance
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Bitcoin traders are closely watching the $107,500 level as a critical zone that could determine whether the world’s leading cryptocurrency sets new all-time highs. As BTC consolidates between increasingly thick liquidity bands, market sentiment suggests a major breakout may be on the horizon — but not without macroeconomic headwinds. Liquidity Builds Around $107.5K and $104.5K…
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Blockchain and AI Set to Drive $3.5 Trillion DePIN Market Boom by 2028: WEF Report
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The convergence of blockchain and artificial intelligence (AI) is poised to revolutionise the infrastructure landscape, with the Decentralised Physical Infrastructure Network (DePIN) market expected to surge to $3.5 trillion by 2028, according to a new report by the World Economic Forum (WEF). This emerging sector, currently valued between $30 billion and $50 billion, could redefine…
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Polygon NFTs Surpass $2 Billion in Sales as Network Defies Market Downturn
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Polygon’s NFT Ecosystem Hits Major Milestone Polygon-based non-fungible tokens (NFTs) have achieved a major milestone in 2025, surpassing $2 billion in all-time sales volume. The surge highlights the growing appeal of the network’s digital collectible space, even as the broader NFT market struggles with declining volumes. According to data from CryptoSlam, Polygon has seen consistent…
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SharpLink Gaming Plans $1 Billion ETH Purchase in Bold Crypto Treasury Move
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SharpLink Aims to Build Ethereum Treasury US-based sports betting platform SharpLink Gaming has filed with the Securities and Exchange Commission (SEC) to offer up to $1 billion in common stock. The primary objective of this move is to significantly bolster its newly announced Ethereum (ETH) treasury strategy. According to the SEC filing dated May 30,…
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Bitcoin Price Falls Amid ETF Outflows, Liquidations and Waning Demand
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Bitcoin experienced a sharp decline of 2.7% over the past 24 hours, dropping from above $111,000 to $105,150, as multiple market indicators pointed towards waning investor demand and intensified sell-side pressure. The drop coincided with significant long position liquidations and growing concerns over macroeconomic conditions, including US-China trade tensions. Institutional Outflows Weigh on Bitcoin One…
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NFT Sales Rebound in May, Breaking 2025’s Downward Trend
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After a five-month slump, the NFT market witnessed a resurgence in May, with sales rising and buyer activity sharply increasing, according to the latest data from CryptoSlam. The revival marks the first monthly increase in NFT sales for 2025, suggesting renewed optimism in the digital collectibles space. Sales Surge Signals Rebound NFT sales totalled $430…
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Bitcoin Conference 2025 Raises Fears of Repeat Price Crash as BTC Trades Near $110K
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As the highly anticipated Bitcoin 2025 Conference kicks off in Las Vegas, traders are voicing concerns that history may repeat itself with a sharp BTC price correction. The event has already sparked heightened volatility, and some analysts warn that a 30% crash — similar to the one that followed last year’s conference — could be…