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Bitcoin Gets Bullish MACD Signal as BTC Eyes $70K Breakout
A bitcoin indicator that warned of seller exhaustion in early September has flipped bullish, bolstering the case for a move above $70,000. Read more
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Bitcoin Price Holds Steady Despite SEC’s Case Against Market Maker Cumberland DRW
Thursday’s revelations the US Securities and Exchange Commission was going after crypto market maker and liquidity provider Cumberland DRW did little to rattle prices. Read more
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PayPal Enables U.S. Business Accounts to Buy, Hold and Sell Crypto
PayPal (PYPL) will let its business clients buy, hold and sell cryptocurrency directly from their accounts in the U.S., potentially opening up a larger market for the payments giant. Read more
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Bitcoin Rises to Test One Month High as Rate Cut Euphoria Fades
On Monday, Bitcoin traded just shy of its month-long high, extending last week’s gains in crypto and risk assets, including stocks, following the U.S. Federal Reserve’s rate hike decision. Read more
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Bitcoin’s 66-bit Puzzle Solved
The Bitcoin 66-bit puzzle, part of a series of cryptographic challenges created in 2015, has been solved after years of effort. According to reports, the puzzle’s solution led to an unexpected turn of events when automated bots intercepted the prize of 6.6 BTC, worth approximately $425,000, highlighting the complexities of Bitcoin’s security and the evolving… Read more
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MicroStrategy’s Billion-Dollar Bitcoin Buy
According to Bloomberg, MicroStrategy Inc. has expanded its Bitcoin holdings by purchasing an additional 18,300 Bitcoin for approximately $1.11 billion, further solidifying its position as a major institutional investor in the cryptocurrency. Read more
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Bitcoin Layer-2 Network Stacks (STX) Begins Nakamoto Upgrade
Stacks, a layer-2 blockchain that augments the Bitcoin network, has begun its Nakamoto upgrade with the aim of making transactions even faster. Read more
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Analyst Foresees Explosive Bitcoin (BTC) Bull Market Rally
PlanB recently posted on X, highlighting how Bitcoin’s price has historically increased fourfold whenever it crossed above the 200-week Moving Average (MA). The 200 MA is a widely-used technical analysis tool that helps identify long-term trends for cryptocurrencies. Read more
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Gold Hits All-Time High — Why Isn’t Bitcoin Matching Its Gains?
While gold is hitting new highs, the oft-touted “digital gold” has failed to keep up. Bitcoin proponents have long claimed that the cryptocurrency’s unique selling point is that it’s a long-term store of value, just like the precious metal. And the biggest and oldest virtual coin has in the past performed like gold. Read more
