A crypto-oriented survey compiled by the US multinational investment giant, Goldman Sachs, revealed that the general sentiment on bitcoin and other digital assets is primarily bullish. Nearly half of respondents, …
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Bitcoin is tens of thousands away from “overbought” territory
Bitcoin might gain further in value before hitting the overbought territory. A study dubbed “Staying Ahead of the Curve” released by the cryptocurrency exchange Kraken shows that the gains might come before the …
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Why institutional investors are not worried about Bitcoin price
Bitcoin has been on a virtually unstoppable rally since October 2020, with the cryptocurrency touching an all-time high of over $58,000 a few weeks ago. At press time, however, the …
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Most of the New Bitcoin Buyers Didn’t Panic Sell in 2021
Which team are you, Weak Hanks or Diamond Hands? Glassnode found that most of the Bitcoin buyers in 2021 hodled their coins during the correction. The morale among bitcoin hodlers …
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Bitcoin Explodes Above $50,000 as Total Market Cap Adds $100B In 24 Hours
Bitcoin has added $3,000 since yesterday’s low and has overtaken $50k. Ethereum’s 6% increase has driven ETH to nearly $1,700. After flirting with the coveted $50,000 price tag, BTC has …
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MicroStrategy Rejects Market Uncertainty And Buys Another Bitcoin Dip
MicroStrategy, a software company that’s been making headlines for its aggressive Bitcoin purchases, has made another $10 million purchase after Thursday’s market uncertainty. As announced by CEO Michael Saylor, the company purchased …
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These Bitcoin whales are on a buying spree. Why?
Bitcoin’s biggest holders, those who HODL more than 1000 Bitcoins in their wallets, are increasing in number, and so is the volume of the Bitcoin they are HODLing. More than …
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12,000 BTC Acquired at $46,686 at Coinbase as Institutions Keep Accumulating Bitcoin
According to a recent tweet published by the CEO of the CryptoQuant analytics service, Ki Young Ju, institutional investors continue to acquire Bitcoin while the correction is dominating the market and Bitcoin …
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Drug traffickers “increasingly” used bitcoin ATMs for illegal transfers in 2020
According to the US Department of Justice’s Drug Enforcement Administration (DEA), drug traffickers increasingly relied on crypto ATMs to aid illicit bulk money transfers, last year. DEA also noted a …
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Australia-based green energy Bitcoin mining firm to double pre-IPO funding round
Iris Energy, an Australian firm that invests in Bitcoin (BTC) mining data centers powered by renewable energy sources, has doubled its second pre-initial public offering round. According to Bloomberg, a …
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