Google data shows unprecedented interest in Bitcoin’s block halving, far exceeding 2016 numbers. Google searches for “Bitcoin halving” have hit an all-time high, far exceeding the spike associated with the previous halving event by 350%. Searches for the Bitcoin (BTC) halving event have reached 100 on Google’s normalized scale, indicating their highest-ever value. At the […]
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After Bitcoin’s rally, several major cryptocurrencies are attempting to resume their up move. Billionaire hedge fund manager Paul Tudor Jones has added Bitcoin (BTC) to his portfolio. In a letter to his clients, Jones said that the top-ranked cryptocurrency on CoinMarketCap was likely to play a similar role to the one that was played by […]
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A key plateau was reached yesterday that is associated with some of the biggest bull runs in history. The number of active Bitcoin (BTC) addresses just broke an important plateau. If history is anything to go by, this metric may indicate that we’re in for a parabolic bull run. On May 7, the number of […]
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Bixin Global, a Hong Kong-based cryptocurrency firm, launched a fund of funds with 6,600 BTC, worth over $65 million to increase its Bitcoin holdings. Bixin Global, a Hong Kong-based cryptocurrency firm, has launched a fund of funds (FOF) financed with 6,600 Bitcoin (BTC), worth over $65 million as of press time. Main goal: increase Bitcoin […]
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Bitcoin price completed a V-shape recovery to $10,000 as crypto traders expect it to reach $15,000 in Q3 2020. The Bitcoin (BTC) price surpassed $10,000 on Thursday, completing a V-shape recovery from its fall to $3,600 back in March. Traders believe that the rally is just beginning for the top-ranked cryptocurrency by market capitalization as […]
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With only 4 days left until the halving, Bitcoin price rose to $10,000, making a 160% gain since Black Thursday. Today Bitcoin (BTC) hit $10,000 after finally managing to break above a long-term descending trendline at $9,400. The break above the important psychological level comes as there are only 4 days left until the Bitcoin […]
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Paul Tudor Jones, the billionaire founder of hedge fund Tudor Investment Corporation, reportedly revealed that Bitcoin is part of his portfolio. Amid the ongoing coronavirus pandemic, inflation is collapsing all over the world. In order to hedge against the inflation risks, some billionaire investors are buying Bitcoin (BTC). Paul Tudor Jones, the billionaire founder of […]
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Bitcoin price has risen to $9,887 but is strongly overbought, increasing the possibility of a post-halving sell-off. The Bitcoin (BTC) price has seen a strong recovery to $9,887 since mid-March, rising by more than $6,000 within a span of two months. The rapid upsurge was caused in anticipation of the block reward halving that is […]
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Bitcoin price is preparing for a powerful mid-term rally and a new BTC price cycle, according to historical market data and previous halving events. Bitcoin (BTC) price may be at the start of an unprecedented mid-term rally after the top-ranked cryptocurrency by market capitalization registered a 150% gain since March. Historical data shows that when […]
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Crypto investors have long believed that institutional investors would lead to the next Bitcoin moon event but this is a false narrative built on nothing more than hope. For the past two years, crypto-media outlets and Bitcoin (BTC) advocates have placed heavy emphasis on the need for institutional investors to embrace the cryptocurrency sector. The […]
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