Bitcoin is still far from the status of macro assets, but is catching up relentlessly, says Coin Metrics’ State of the Network. “All facets” of Bitcoin (BTC) trading volume are growing exponentially and can easily match major asset classes, says a new report. Released on June 2, Coin Metrics’ State of the Network casts the […]
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The price of Bitcoin may hit $12,000 within the next month if it sees a breakout above $10,000, traders say. The price of Bitcoin (BTC) could rise to as high as $12,000 within the next month, some traders say. Predictions for an extended uptrend emerged as the dominant cryptocurrency steadied amid declining volatility for about […]
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Wobbly stocks and oil contrast with booming gold to provide potential upside for Bitcoin, but fundamentals still need to pick up. Bitcoin (BTC) is going into the third week of its new halving cycle just $550 away from five figures — but what could really impact price this week? Cointelegraph takes a look at the […]
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A growing number of crypto exchanges are offering futures trading for Bitcoin and altcoins, can retail investors capitalize on this powerful instrument? There’s an increasing number of exchanges offering futures contracts trading. So far there’s Binance, FTX, Bitfinex, Bybit, and Kraken, to name just a few. Volumes are also picking up across the board and […]
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The crypto industry has the best historical moment to change the discourse about crypto and its reputation into a successful innovative tech sector. Blockchains reached a feverish level of hype following the ICO mania of 2017. Peddled as the panacea to the world’s ills, many of such promises ill-intentioned, initial coin offerings raised enormous sums […]
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Grayscale Investments has been gobbling up Bitcoin in recent months, and most of its investors are institutions — but other funds are doing it, too. While the theater world has Waiting for Godot, the crypto sphere has its own drama: Waiting for the Institutional Investor. Recently, there have been some promising sightings. Grayscale Investments has […]
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Check out this week’s Bad Crypto News It’s been a strange week for BTC as we move forward in our new mining rewards era. The price ends the week down but a late rally has pushed it back over $9,000. Technical analysts expect Bitcoin to continue rising based on the liquidation range of short positions, […]
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The more that government stimulus protects the economic pillars, the more it will support the liquidity inflows to Bitcoin and other cryptocurrencies. In the past three decades, the world has been witness to three extraordinary “black swan” events that served as structural crossroads for both societies and economies: the 9/11 terror attacks, the 2008 global […]
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A U.S. think tank working towards a digitized dollar has released a white paper detailing inaugural aims and use cases for a central bank digital currency. On May 28, the Digital Dollar Project released its white paper, a 30-page document detailing the potential applications of a CBDC. The white paper continues the nascent think tank’s […]
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The price of Bitcoin rejected $9,600 as data shows the futures market led the BTC rally from $8,700 to $9,600. The price of Bitcoin (BTC) rose to as high as $9,620 on May 28 ahead of the CME futures market’s monthly close. Market data shows the rally of BTC — the biggest cryptocurrency by market […]
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