Tag: binance news crypto

Bitcoin Demand Remains Weak, While Stablecoin Liquidity Surges: CryptoQuant Analysis

Historical on-chain data indicates that high bitcoin (BTC) demand often precedes price recoveries and rallies; however, this is not the situation currently. Present market dynamics imply that such price movements ...

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Bitcoin Surges Above $64,000 After Powell’s Speech, Anticipating More Gains Amid Market Optimism

Bitcoin (BTC), the world’s leading cryptocurrency, continued its upward momentum, breaking through significant resistance to close above $64,300. This rally was catalyzed by Federal Reserve Chair Jerome Powell’s speech at ...

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Bitcoin Surges to $65K, Solana and Shiba Inu Record 6% Daily Gains (Weekend Watch)

Bitcoin’s upward price momentum on Friday evening has persisted over the past 12 hours, reaching $65,000 for the first time since August 3. Several altcoins also saw significant gains in ...

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Why Malaysian Authorities Are Destroying Bitcoin Mining Rigs (Report)

The Malaysian police are destroying Bitcoin mining rigs as part of a broader crackdown on crypto miners who steal electricity for their operations. A report from local media, Malaysia Gazette, ...

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Steady Increase in Bitcoin Accumulation Addresses Observed

Onchain Highlights DEFINITION: The number of unique accumulation addresses. Accumulation addresses are defined as addresses that have at least 2 incoming non-dust transfers and have never spent funds. Exchange addresses ...

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BitVM Creator Claims Bitcoin Upgrade OP_CAT Falls Short of Expectations

Bitcoin’s developer community has been advocating for OP_CAT, a proposed soft fork change considered by many as Bitcoin’s next evolutionary step. BitVM creator Robin Linus, however, voiced his concerns in ...

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Bitcoin ETFs Witness Record $39.4M Inflows While Ether ETFs See a Decline

According to data from Soso value, Grayscale’s Bitcoin Mini Trust contributed the bulk of the total amount with $14.2 million in net inflows. It is closely followed by Fidelity’s FBTC ...

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“Babylon Launches Bitcoin Staking Mainnet, Unlocking Innovative Utility”

Protocol suite Babylon launched the first phase of its self-custodial Bitcoin staking Mainnet on August 22, introducing a new utility for Bitcoin. In an X post, Babylon announced the new ...

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Bitcoin Derivatives Indicate Potential for Major ‘Short Squeeze’ Rally

As the world’s largest cryptocurrency, Bitcoin (BTC) continues to consolidate between the $58,000 and $60,000 price range with no clear direction, a bullish signal from the derivatives market suggests the ...

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Is $58,000 the New $9,000 for Bitcoin?

Quick Take Samson Mow recently stirred discussion on X by declaring that “$58k is the new $9k” for Bitcoin. Intrigued by this bold statement, we decided to put Mow’s theory ...

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