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Tag: #Bitcoin

# Early Bitcoin bull market buyers are hodling strong, but short term trading increasing
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# Early Bitcoin bull market buyers are hodling strong, but short term trading increasing

Admin6 years ago04 mins

“# Early Bitcoin bull market buyers are hodling strong, but short term trading increasing ” Bitcoin buyers from the early phases of the bull run are still hodling despite BTC’s meteoric surge into new all-time highs, according to data shared by Glassnode. The on-chain analytics provider shared its “Realized Cap HODL Waves” chart, noting that…

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# Signs the Bitcoin hashrate is starting to move away from China
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# Signs the Bitcoin hashrate is starting to move away from China

Admin6 years ago05 mins

“# Signs the Bitcoin hashrate is starting to move away from China ” Although the majority of Bitcoin mining is still based in China, there are signs it is beginning to shift elsewhere. Chun Wang, the co-founder of one of Bitcoin’s largest mining pools, F2Pool, reported that China represented less than half of its hash…

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# PayPal says its crypto efforts are producing ‘really great results’ on earnings call
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# PayPal says its crypto efforts are producing ‘really great results’ on earnings call

Admin6 years ago05 mins

“# PayPal says its crypto efforts are producing ‘really great results’ on earnings call ” During PayPal’s Quarter 1 2021 investor update call, president and CEO, Dan Schulman said digital assets had performed strongly for the company and that he believes crypto and central bank digital currencies will be a driving force in forging “a…

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# Largest Latin American eCommerce platform adds .8M Bitcoin to its treasury
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# Largest Latin American eCommerce platform adds $7.8M Bitcoin to its treasury

Admin6 years ago03 mins

“# Largest Latin American eCommerce platform adds $7.8M Bitcoin to its treasury ” Mercado Libre, the largest e-commerce platform in Latin America, has announced to the U.S. Securities and Exchange Commission (SEC) that it acquired $7.8 million in Bitcoin in the first quarter of 2021. It stated in the report: “As part of our treasury…

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# Bears aim for sub-K Bitcoin price ahead of Friday’s .1B options expiry
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# Bears aim for sub-$60K Bitcoin price ahead of Friday’s $1.1B options expiry

Admin6 years ago05 mins

“# Bears aim for sub-$60K Bitcoin price ahead of Friday’s $1.1B options expiry ” Bitcoin (BTC) entirely recovered from its recent drop that saw the price fall to the $53,000 support level. This move back to $57,500 relieved bulls from the negative pressure of the May 7, 3,500 BTC options contract, which represents $200 million…

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# Price analysis 5/5: BTC, ETH, BNB, DOGE, XRP, ADA, DOT, LTC, BCH, UNI
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# Price analysis 5/5: BTC, ETH, BNB, DOGE, XRP, ADA, DOT, LTC, BCH, UNI

Admin6 years ago018 mins

“# Price analysis 5/5: BTC, ETH, BNB, DOGE, XRP, ADA, DOT, LTC, BCH, UNI ” Dogecoin (DOGE) skyrocketed above $0.69 today and flipped XRP to become the fourth largest cryptocurrency with a market capitalization of over $88 billion at its highest point.  Galaxy Digital recently released a report titled “Dogecoin: The Most Honest Sh*tcoin,” and…

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# Bitcoin miners’ revenue rebounds to M per day — Is the bull run about to resume?
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# Bitcoin miners’ revenue rebounds to $60M per day — Is the bull run about to resume?

Admin6 years ago06 mins

“# Bitcoin miners’ revenue rebounds to $60M per day — Is the bull run about to resume? ” Bitcoin (BTC) miners collected $60 million on a thirty-day average timeframe as of May 5, showing the first signs of recovery after last month’s severe revenue drop that followed mass miner outages in China’s energy-rich provinces. In…

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# Bitcoin back above K as ‘hundreds’ of US banks prepare to HODL for clients
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# Bitcoin back above $57K as ‘hundreds’ of US banks prepare to HODL for clients

Admin6 years ago05 mins

“# Bitcoin back above $57K as ‘hundreds’ of US banks prepare to HODL for clients ” Bitcoin (BTC) staged a characteristic comeback on May 5 as a day of losses turned around in a flash. BTC/USD 1-hour candle chart (Bitstamp). Source: Tradingview BTC price nears $58,000 Data from Cointelegraph Markets Pro and TradingView showed BTC/USD passing…

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# US banks to allow Bitcoin trading in 2021, says NYDIG execs
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# US banks to allow Bitcoin trading in 2021, says NYDIG execs

Admin6 years ago04 mins

“# US banks to allow Bitcoin trading in 2021, says NYDIG execs ” The era of American banks regarding cryptocurrencies as anathema might be coming to an end. According to a report by CNBC on Wednesday, New Digital Investment Group has inked a partnership with fintech staple Fidelity National Information Services to provide a framework…

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# Only whales move DOGE: Data suggests major Dogecoin wealth gap
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# Only whales move DOGE: Data suggests major Dogecoin wealth gap

Admin6 years ago08 mins

“# Only whales move DOGE: Data suggests major Dogecoin wealth gap ” It was Doge day afternoon all over again on Wednesday as Dogecoin (DOGE) continued its assault on the cryptocurrency market cap rankings. The meme coin overtook XRP (XRP) to become the fourth-largest cryptocurrency by implied market capitalization, after climbing to a per coin…

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