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Bitcoin reigns supreme in the world of cryptocurrencies, soaring to a three-year high fueled by a surge of interest in U.S. ETFs. According to CoinMarketCap, they make up a staggering 55% of the $2.4 trillion market. This is a level we haven’t seen since April 2021. And leading the pack is the king of all … Read more
As the highly anticipated halving event drew near, Bitcoin (BTC) enthusiasts held their breath, waiting for the price to soar. Yet, to their surprise, the market took an unexpected turn. Despite the hype, Bitcoin is now valued at $66,226 (BTC/USD), leaving many scratching their heads. As the highly anticipated halving event draws near, Bitcoin’s value … Read more
Bitcoin [BTC] takes a wild ride as it plunges 16.67% in just five days, dropping from its peak of $72.8k to a low of $60.6k this past Saturday. While technical analysis shows a bullish outlook in the long term, the market remains on edge as $314 million worth of assets were liquidated in the last … Read more
Tether, the leading stablecoin, is on the brink of completing a groundbreaking $500 million Bitcoin mining venture. In a thrilling interview with DL News, CEO Paolo Ardoino spilled the beans on the company’s ambitious plan. Brace yourself, because this project involves not just one, but three countries – Uruguay, Paraguay, and El Salvador. The funds … Read more
Saturday proved to be a tumultuous day for the world of cryptocurrency, as Bitcoin (BTC) and its counterparts took a sharp nosedive of nearly 10%. The value of the leading digital asset plummeted below $62,000, sending shockwaves through the market. However, just as quickly as it fell, BTC managed to regain its footing and climb … Read more
The cryptocurrency market, once plagued by a downward spiral in 2022, is now experiencing a remarkable comeback. This resurgence can be attributed to two major events: the long-awaited approval of Bitcoin ETFs by the SEC and the highly-anticipated Bitcoin halving. These developments have reignited the excitement and optimism of investors, drawing them back to the … Read more
The US government holds the most Bitcoin among all nations worldwide, with about $14.7 billion worth of BTC. According to Arkham data, the U.S. government holds 212,847 BTC in its treasury wallets, which places it just behind MicroStrategy’s 214,246 BTC, currently valued at $14.8 billion. In addition to Bitcoin, the U.S. has accumulated significant quantities … Read more
The highly anticipated Bitcoin halving event is only one week away! Brace yourselves as the mining rewards for Bitcoin (BTC) will be cut in half, forever changing the landscape of this digital currency. The highly anticipated halving event is just around the corner and it’s causing a buzz in the Bitcoin community. As the supply … Read more
Revitalized by US President Joe Biden’s optimistic outlook on the Federal Reserve’s potential rate cut shortly, Bitcoin (BTC) experienced a slight resurgence. Following the release of yesterday’s CPI report, which showed a surprising 3.5% inflation rate for March, President Biden made a bold statement. He declared that he expects a rate cut to happen before … Read more
After reaching an all-time high just a few weeks ago, the $BTC price is now in a state of limbo, gathering its strength for the next monumental leap into uncharted territory. $BTC Awaits Bullish Momentum Bitcoin, the king of cryptocurrencies, is perched precariously atop the critical $69,000 resistance level. This number holds significant weight as … Read more