Category: BTC
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$1.89B liquidated: Why did Bitcoin and ETH price correct sharply overnight?
More than $1.89 billion worth of cryptocurrency futures positions were liquidated over the past 24 hours as Bitcoin and Ether sharply dropped.
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Bitcoin must cost 10X more with 10X less utility to match Tulip Mania — Investor
There’s no comparing the current bull run with the 17th century tulip bubble, Dan Tapeiro argues.
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$50K and BTC’s biggest weekly candle ever: 5 things to watch in Bitcoin this week
A falling U.S. dollar and increasingly positive publicity keeps Bitcoin bulls satisfied despite a slight correction to $47,000.
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Mysterious Address With $3 Billion in Dogecoin Sends Cryptic Binary Messages to Elon Musk
Ever since the infatuation between Elon Musk and the meme-based cryptocurrency dogecoin, a number of people have looked at the asset critically. News.Bitcoin.com recently reported on the mysterious dogecoin wallet that absorbed more than 27% of the coin’s supply since February 6, 2019. This week, the dogecoin wallet with $3 billion worth of the crypto…
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Bitcoin whale clusters pinpoint $44,214 as the key near-term price level
Whale clusters show Bitcoin needs to defend $44,214 to see a continuation of the rally.
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Crypto Financial Services Firm Blockfi Launches Competitive Bitcoin Trust
The cryptocurrency financial services firm Blockfi has launched a bitcoin-based trust that offers custody from Fidelity Digital Asset Services. Blockfi’s investment vehicle aims to give investors exposure to the leading crypto asset as bitcoin assets under management (AUM) was over $29 million on February 8, 2021. Blockfi Launches a Competitive Bitcoin Trust With a Sponsor…
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Bitcoin Futures Open Interest Smashes $15 Billion, CME Registers Over $33 Million in ETH Contracts
Following the revelation that Tesla now owns $1.5 billion in bitcoin, crypto spot markets across the board skyrocketed. Data shows that crypto derivatives markets also saw significant demand as bitcoin futures open interest tapped $15 billion on Monday. Moreover, this week was the start of ethereum futures on CME Group’s exchange, and ether-based futures registered…
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Bitcoin volatility almost returned to ‘Black Thursday’ levels in January
A report from Kraken has identified last month’s BTC volatility at levels not seen since the ‘Black Thursday’ crash of early 2020.
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A Mysterious Dogecoin Address Absorbed 27% of the Supply, the Top 20 Addresses Captured 50%
Just recently, the crypto asset dogecoin has seen some significant price gains and on Wednesday, Tesla’s founder Elon Musk tweeted about the digital currency incessantly. While people have been discussing the dogecoin pumps and Elon’s suggestive tweets, crypto supporters have been discussing a single dogecoin address that holds 36 billion tokens or more than 27%…