Bitcoin, the world’s most famous cryptocurrency, has once again made headlines, but this time for a significant change in its price movement. After hitting a new all-time high recently, Bitcoin (BTC) experienced a retracement, meaning its price pulled back slightly. One of the most interesting things to note in this recent development is that a...
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Saylor Pauses Bitcoin Buys as Strategy Posts $3.9B Q3 Gain
In a recent shift in strategy, Michael Saylor, the CEO of MicroStrategy, has decided to pause his company’s Bitcoin purchases. This decision comes as the business reports a strong financial performance, posting a $3.9 billion gain for the third quarter of the year. While the pause in Bitcoin purchases is a big move for a...
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Bitcoin ETFs Kickstart ‘Uptober’ with $3.2B in Second-Best Week on Record
In a surprising turn of events in the world of cryptocurrency, Bitcoin Exchange-Traded Funds (ETFs) have experienced a massive surge, kicking off the month of October with a record-breaking performance. During what is being called “Uptober,” Bitcoin ETFs raised an impressive $3.2 billion in just one week, making it the second-best week on record for...
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Spend Your Bitcoin, Don’t Just Hoard It
Bitcoin, the world’s first and most well-known cryptocurrency, has gained significant popularity since its inception in 2009. Initially, many people saw Bitcoin as an investment or a store of value, hoping its price would rise over time. As its value continues to increase, some individuals have opted to hold onto their Bitcoin rather than spend...
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Bitcoin’s Rare September Gains Defy History: Data Predicts 50% Q4 Rally to $170K
Bitcoin has recently experienced rare gains in September, defying its usual historical trend of declines during the month. In what is seen as an unusual twist, the world’s leading cryptocurrency has shown surprising strength, with prices rising sharply despite September traditionally being a weaker month for Bitcoin. This unexpected performance has raised expectations among crypto...
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The Moral Case for Bitcoin: How BTC Challenges the War Machine
For more than a century, governments around the world have relied on centralized control of money to finance wars. The ability to print money, manipulate interest rates, and control banking systems has allowed states to fund conflicts on a massive scale without directly asking their citizens to pay higher taxes. This hidden form of financing...
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Bitcoin Upgrade Is Splitting Developers and Purists
Bitcoin has always been known as the original cryptocurrency, built on a promise of decentralization, security, and independence from traditional financial systems. But as the network grows, debates about its future continue to heat up. The latest controversy comes from a proposed upgrade that is splitting developers and purists within the Bitcoin community. The Proposed...
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Bitcoin Rallies to $113.9K as Bullish Divergence Points to Trend Reversal
Bitcoin, the world’s largest cryptocurrency, has once again captured the spotlight by rallying to $113,900. After weeks of mixed signals in the market, this sudden upward movement is giving investors hope that the trend may finally be reversing in favor of the bulls. Analysts point to a “bullish divergence” as the key technical signal that...
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Bitcoin Struggles at $113,000 as Fed’s Bowman Hints at Faster Rate Cuts
Bitcoin is facing a rough patch. The price has dropped close to US$113,000, and traders are worried the slide may get deeper. The drop comes as U.S. Federal Reserve Vice-Chair Michelle Bowman signals that faster interest rate cuts may be needed due to rising risks in the labor market.Cointelegraph+1 What’s Happening with Bitcoin Bitcoin recently...
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Bitcoin Traders Have These BTC Price Levels in Mind at $116K
Bitcoin (BTC) has crossed the $116,000 mark, reaching another record high and capturing the attention of traders worldwide. While excitement is running high, many in the crypto community are now asking the same question: what comes next? Traders are closely watching certain price levels that could decide whether Bitcoin keeps rising or faces a pullback....
