Bitcoin faces potential impact amid key U.S. events - Bitcoin News - News

Bitcoin faces potential impact amid key U.S. events

Bitcoin, the leading cryptocurrency by market capitalization, is bracing for potential fluctuations this week as several significant economic events unfold in the United States. The digital currency’s price trajectory could be influenced significantly by these events, which range from economic data releases to Federal Reserve announcements. Key Economic Indicators Affecting Bitcoin The Federal Reserve’s decision…

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Bitcoin miners prepare as the upcoming halving event draws near - African News - News

Bitcoin miners prepare as the upcoming halving event draws near

Preparing for the Bitcoin Halving Event: Anticipation and Implications for Miners The Bitcoin Network Approaches a Significant Milestone: The Halving Event As the Bitcoin (BTC) network draws closer to its much-awaited halving event, scheduled around April 20, 2024, there is a palpable sense of excitement and anticipation among miners and cryptocurrency enthusiasts. This significant milestone,…

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Bitcoin pulls back from record highs, Crypto.com CEO shares insights - Bitcoin News - News

Bitcoin pulls back from record highs, Crypto.com CEO shares insights

Bitcoin’s Current Market Dynamics: Insights from Kris Marszalek, CEO of Crypto.com The leading cryptocurrency by market capitalization, Bitcoin, has witnessed a remarkable pullback from its all-time highs, dipping below the $67,000 mark after surging above $73,000 last week. This decline, while significant, is not an entirely foreign concept to the digital asset, as noted by…

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Vanguard CEO reiterates stance against spot Bitcoin ETFs - Bitcoin News - News

Vanguard CEO reiterates stance against spot Bitcoin ETFs

Vanguard’s Stance on Bitcoin Exchange-Traded Funds: Steadfastly Against In a recent video release, Tim Buckley, the Chief Executive Officer (CEO) of Vanguard, reiterated the investment giant’s unwavering stand against adopting spot Bitcoin exchange-traded Funds (ETFs). Despite a multitude of investor inquiries, Vanguard remains firm in its decision to stay clear of this rapidly growing market….

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Bitcoin’s Long-Term Potential Outshines Short-Term Volatility - Bitcoin News - News

Bitcoin’s Long-Term Potential Outshines Short-Term Volatility

Amidst the recent turbulent market conditions that have led to a sharp pullback in Bitcoin’s price, Kris Marszalek, the CEO of Crypto.com, has provided insights into the situation, emphasizing a long-term perspective for investors. In an interview, Marszalek explained that while Bitcoin’s value has dropped below $70,000 after hitting a record high of $73,000, resulting…

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The crypto weekend watch amid Bitcoin ‘bubble-bust’ talks - African News - News

The crypto weekend watch amid Bitcoin ‘bubble-bust’ talks

Amidst the ongoing debates surrounding the potential “bubble-bust” of Bitcoin and the broader crypto market, it is essential for investors and enthusiasts to remain well-informed and vigilant about the latest developments in this dynamic space. In this comprehensive analysis, we will delve deeper into the current market situation, potential bubble characteristics, causes of Bitcoin bubbles,…

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Marathon Digital’s Strategic Expansion: Acquiring Texas Bitcoin Mining Facility - Bitcoin News - News

Marathon Digital’s Strategic Expansion: Acquiring Texas Bitcoin Mining Facility

Marathon Digital, a prominent player in the cryptocurrency mining industry, has announced its intention to acquire a Bitcoin mining facility located in Texas from Applied Digital for approximately $87 million in cash. This strategic acquisition is expected to significantly bolster Marathon Digital’s mining capabilities and prepare the company for the upcoming Bitcoin halving event. Marathon…

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Bitcoin set to hit $45K after market correction – Winter preparations could prove handy - African News - News

Bitcoin set to hit $45K after market correction – Winter preparations could prove handy

Bitcoin Dips Below $68,000 Amidst Anticipated Market Fluctuations: A Look into the Reasons Behind Today’s Downturn and Previous Trends Bitcoin, the world’s largest cryptocurrency by market cap, has experienced a downturn recently, with its price trajectory indicating a potential slide towards the $45,000 mark. The current economic climate has left investors and enthusiasts on edge…

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El Salvador reveals significant Bitcoin treasury holdings - Bitcoin News - News

El Salvador reveals significant Bitcoin treasury holdings

In a groundbreaking announcement on X, formerly known as Twitter, President Bukele of El Salvador revealed the substantial Bitcoin (BTC) holdings of his nation. He referred to this digital fortune as “our first #Bitcoin piggy bank.” This disclosure marks a significant development in El Salvador’s approach to managing and utilizing cryptocurrencies. According to the current…

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BlackRock Bitcoin ETF sets new daily volume record amid market fluctuations - Bitcoin News - News

BlackRock Bitcoin ETF sets new daily volume record amid market fluctuations

BlackRock’s Bitcoin exchange-traded fund (ETF) set a new record in daily trading volume on March 14, with approximately 100 million shares worth over $3.9 billion being traded. This figure surpassed the previous record of $3.7 billion set on March 5, demonstrating a significant increase in investor activity for the fund. Unprecedented Trading Activity: New Daily…

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Is Bitcoin’s bull run over? ETF inflows drop, prices slide - Bitcoin News - News

Is Bitcoin’s bull run over? ETF inflows drop, prices slide

Bitcoin Exchange-Traded Fund (ETF) Inflows Plummet by 80.6%: Impact on Bitcoin Price and Market Outlook The cryptocurrency market experienced a significant shift in investor sentiment towards Bitcoin (BTC) as inflows into Bitcoin ETFs witnessed a staggering decline of 80.6% within 24 hours, according to data from a reputable cryptocurrency analytics platform. This marked a net…

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MicroStrategy bolsters Bitcoin portfolio with $822 million acquisition - Bitcoin News - News

MicroStrategy bolsters Bitcoin portfolio with $822 million acquisition

MicroStrategy Incorporated, a well-known software development company, has augmented its Bitcoin portfolio by purchasing an extra 12,000 Bitcoins, which is approximately worth $822 million. This recent acquisition significantly magnifies MicroStrategy’s cryptocurrency holdings to 205,000, bringing the total value to over $15 billion in equity. The acquisition was funded using convertible notes and surplus cash, with…

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Bitcoin (BTC) miners liquidate holdings as halving nears - African News - News

Bitcoin (BTC) miners liquidate holdings as halving nears

With the greatly anticipated fourth Bitcoin (BTC) halving approaching on the horizon, the cryptocurrency market has witnessed an intriguing trend among miners. According to data from CryptoQuant, a leading crypto analytics platform, miners have initiated a sell-off of their Bitcoin holdings. This action aims to capitalize on the ongoing bull run and prepare for future…

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Gold guru Peter Schiff’s Bitcoin u-turn: From critic to regretful observer - Bitcoin News - News

Gold guru Peter Schiff’s Bitcoin u-turn: From critic to regretful observer

Peter Schiff’s Regrets: Missed Opportunity with Bitcoin and Unwavering Skepticism Renowned gold advocate Peter Schiff, who has been vocal about his criticisms of Bitcoin, has recently shared that he regrets not investing in the cryptocurrency during its early stages. In an interview with Real Vision co-founder and CEO Raoul Pal, Schiff disclosed that he had…

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