Head of BitGo Go Network Matt Balensweig claims that the impending Bitcoin halving will result in "real changes" to the cryptocurrency's supply and demand dynamics. Balensweig's remarks give the continuing speculation about whether or not the halving is already priced in a fresh perspective.
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With more than five million long-term holders, the network now accounts for an astounding 62.5% of all LTC addresses with a balance.
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The crucial bull market breakout level that led to the explosive rise to all-time highs in both 2017 and 2020 is where bitcoin is currently stabilizing. Bitcoin (BTC) is aiming for a traditional breakout move that came before its all-time highs in 2017 and 2021.
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Certain cryptocurrency traders advise staying on the sidelines to evade being caught in a leverage-induced wipeout, asserting that they can make up for missed opportunities later.
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During a recent address at the Paris Blockchain Week, Ripple CEO Brad Garlinghouse emphasized the crucial need for regulatory clarity in the blockchain industry, particularly in light of the ongoing XRP lawsuit.
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On Wednesday, Bitcoin emerged as the leading blockchain in the non-fungible tokens (NFT) market, recording sales of $19.08 million, which represented a 5.79% increase compared to the previous day.
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Bitcoin (BTC) is poised to build on Wednesday's increase, hovering near $70,800, while ether (ETH) is trading above $3,500, as the market continues to digest higher-than-expected U.S. CPI data and slowing outflows from the Grayscale Bitcoin Trust (GBTC).
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PUPS, a memecoin project running on the Bitcoin blockchain, has surged in value, with its price soaring by 1,075% over the past week.
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On April 15, the securities regulator for Hong Kong plans to approve the first set of Spot Bitcoin ETFs.
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The sustainability of the current bull run in Bitcoin (BTC) has come under scrutiny due to its recent volatility and failure to stabilize above the $70,000 threshold.
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President Joe Biden's memecoin, Jeo Boden, domiciled in Solana, achieved a new high on Monday, breaking through the $1 threshold for the first time before plunging and settling at roughly $0.817.
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On April 8, 2024, Metaplanet, a firm listed on the Tokyo Stock Exchange, declared that it would accept Bitcoin as a primary treasury asset.
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