Daily Crypto News & Musings

Latest News and Articles about Bitcoin

Solo Bitcoin Miner Wins $263K with Compact Bitaxe, Boosting Decentralization

Solo Bitcoin Miner Strikes It Rich with Pocket-Sized Bitaxe A solo Bitcoin miner equipped with a compact Bitaxe machine successfully mined block 887,212, earning a potential reward of approximately $263,000. This achievement underscores the possibility for individual miners to compete against large mining pools and reignites discussions on the accessibility and decentralization of Bitcoin mining. […]

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Capo Predicts Bitcoin Bounce and Altcoin Surge: Bear Trap in Play

Analyst Who Predicted 2021 Crypto Crash Sees Bitcoin Bounce, Altcoins to Outshine Capo, the pseudonymous crypto analyst who accurately foresaw the 2021 market collapse, now predicts a strong relief bounce for Bitcoin in the coming days. He views Bitcoin’s recent dip below $80,000 as a strategic bear trap, designed to mislead bearish investors. Capo expects […]

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Bitcoin’s $70,000 Support Level: A Crucial Juncture Analyzed by Fidelity’s Timmer

Is Bitcoin About to Hit a Critical Turning Point? Fidelity’s Jurrien Timmer has put a spotlight on Bitcoin’s potential turning point, focusing on the $70,000 support level as a crucial juncture amidst recent price corrections. His analysis, grounded in the internet S-curve and the power curve of wallet growth, offers a strategic view of Bitcoin’s […]

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XRP Poised for Breakout Above $2.58, Bitcoin Faces $75K Test, Shiba Inu Shows Resilience

XRP’s Potential Breakout, Bitcoin’s Bearish Pressures, and Shiba Inu’s Resilience: Navigating the Crypto Market XRP teeters on the edge of a potential breakout, Bitcoin grapples with bearish pressures, and Shiba Inu continues to demonstrate resilience in the face of market challenges. XRP: On the brink of a breakout above $2.58, potentially signaling the end of […]

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Mt. Gox Shifts $931M Bitcoin, XRP ETF Race Heats Up, Cardano’s Volume Soars to $2B

Mt. Gox’s Market Jitters, XRP ETF Frenzy, and Cardano’s Comeback: The Crypto Rollercoaster Mt. Gox moves $931.19 million in Bitcoin amidst a market dip Franklin Templeton joins the race for an XRP ETF Cardano’s trading volume soars to $2 billion in 24 hours The crypto market has been shaken by significant developments, starting with Mt. […]

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$1 Billion Bitcoin Exodus from Kraken and Coinbase Sparks Market Frenzy

Record-Breaking $1 Billion Bitcoin Withdrawal from Kraken Shakes Crypto Market The cryptocurrency world was rocked by Whale Alert’s report of three colossal withdrawals totaling over $1 billion in Bitcoin from the prominent U.S. exchange Kraken. These hefty transactions, along with significant movements from Coinbase, have ignited intense speculation about the motives behind these massive shifts […]

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XRP Rebounds to $2.10: Can It Break Through to $3 Amid Bearish Trends?

XRP Bounced: Hope for $3? XRP’s recent recovery to the $2.10 support level has reignited hope among investors, with some eyeing a potential climb to $3. However, the journey is complicated by XRP’s position within a bearish descending channel. XRP rebounds to $2.10, sparking $3 hopes. Navigating a bearish descending channel. Resistance levels at $2.40 […]

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Metaplanet Secures $13M to Boost Bitcoin Holdings, Plans Bitcoin Hotel

Metaplanet Bolsters Bitcoin Holdings with $13 Million Debt Offering to Evo Fund In a strategic shift from budget hotels to Bitcoin, Japanese company Metaplanet has announced a $13 million debt offering to Evo Fund, aiming to significantly expand its cryptocurrency holdings. $13 million debt offering to Evo Fund Expansion of Bitcoin holdings Stock surged by […]

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Bitcoin at $81,800: Will It Crash to $69,000 or Break Resistance?

Bitcoin’s Volatility: Navigating the $69,000 Threshold Bitcoin’s price, currently hovering around $81,800, has the crypto community on high alert, with fears of a potential drop back to $69,000. Bitcoin at $81,800 Support at $79,270 and $69,450 Resistance at $84,296-$86,753 Psychological impact Liquidity and demand Bitcoin, the king of crypto, is currently trading at $81,800, a […]

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Bitcoin Recovery Signals: Lower Liquidations and Geopolitical Calm

Bitcoin’s Recovery on the Horizon Amid Reduced Liquidations and Easing Geopolitical Tensions Bitcoin’s potential recovery is on the horizon as market liquidations decrease and geopolitical tensions ease. The cryptocurrency market has been on a wild ride, but recent developments suggest a turnaround could be in the cards. Reduced liquidations Easing geopolitical tensions Inherent market volatility […]

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Metaplanet Boosts Bitcoin Holdings to 3,050 BTC, Targets 21,000 by 2026

Metaplanet Increases Bitcoin Holdings to 3,050 BTC, Sets Ambitious Targets for 2025 and 2026 Japanese company Metaplanet has ramped up its Bitcoin holdings to 3,050 BTC, signaling a strong belief in cryptocurrency’s potential. This move aligns with a broader trend of institutional investors embracing Bitcoin as a legitimate asset. Metaplanet’s Bitcoin holdings now at 3,050 […]

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Bitwise CIO Predicts Bitcoin’s $50 Trillion Market Cap with U.S. Strategic Reserve

Can Bitcoin Really Reach a $50 Trillion Market Cap? Bitwise CIO Matt Hougan Thinks So Despite a recent price dip, Matt Hougan, Chief Investment Officer at Bitwise, remains optimistic about Bitcoin’s future. He forecasts a potential market cap of up to $50 trillion, driven by the U.S. government’s establishment of a Strategic Bitcoin Reserve (SBR). […]

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Michael Saylor Proposes $21B Bitcoin Reserve for U.S. Government

Michael Saylor Urges U.S. Government to Embrace Bitcoin with Strategic Reserve Michael Saylor, the visionary behind Strategy (formerly MicroStrategy), has made a bold proposal for the U.S. government to invest heavily in Bitcoin by establishing a Strategic Bitcoin Reserve (SBR). Saylor draws parallels between Bitcoin and some of the most profitable land purchases in U.S. […]

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Robert Kiyosaki Sees Bitcoin Crash as Buying Opportunity Amid “Everything Bubble” Burst

‘Rich Dad Poor Dad’ Author Reacts to Giant BTC Crash: I Will Continue to Acquire Bitcoin on Sale As the cryptocurrency market experiences a significant downturn, Robert Kiyosaki, the acclaimed author of “Rich Dad Poor Dad,” remains undeterred, viewing it as a chance to buy assets at “deep discounts.” He describes the current situation as […]

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Ripple CTO Sees Bitcoin Dip to $81K as Buying Chance Amid Market and Political Shifts

‘Buying Opportunity’: Ripple CTO Breaks Silence on Bitcoin Price Plunge Ripple’s CTO David Schwartz views Bitcoin’s recent dip to around $81,000 as a buying opportunity rather than a crisis, amidst an 8.5% downturn in the broader crypto market. Meanwhile, political developments unfold with U.S. states discussing a Bitcoin reserve, and debates continue regarding Bitcoin’s utility […]

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Bitcoin Plunges Below $80,000 as Trump’s Recession Fears Shake Market

Bitcoin Dips Below $80,000 Amid Recession Fears Following Trump’s Economic Outlook Bitcoin has fallen below $80,000, pressured by growing recession fears triggered by former President Donald Trump’s comments on the economic outlook. Investors are reevaluating their positions in the cryptocurrency market as uncertainty increases. Bitcoin trades below $80,000 Trump’s comments fuel recession fears Market uncertainty […]

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Bitcoin Crashes to $76K: Schiff Mocks Millionaires, Hayes Sees Bull Market Dip

Schiff Mocks Crypto Millionaires as Bitcoin Plunges to $76K Bitcoin’s value plummeted to $76,600, sparking sharp criticism from financial commentator Peter Schiff, who mocked cryptocurrency millionaires, hinting they might need to find jobs. Meanwhile, the Nasdaq 100 also suffered a significant decline, reflecting broader market turmoil driven by recession fears. Bitcoin price crashed to $76,600 […]

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CZ Stays Bullish on Crypto Despite Bitcoin Plunge to $77,527

CZ’s Unwavering Optimism in the Face of Bitcoin’s Brutal Crash As Bitcoin’s price plummeted to $77,527, marking its lowest since early November, Changpeng Zhao (CZ), the former CEO of Binance, offered his insights into the cryptocurrency market’s volatility. Despite the severe downturn, CZ remains optimistic about the future of major cryptocurrencies and emphasizes the importance […]

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SHIB Burns Surge 1,028%, Removing 20.6M Tokens Amid Price Hike

SHIB Burns Surge by 1,028%, Eliminating 20,633,494 Tokens The Shiba Inu community has intensified its efforts to burn SHIB tokens, resulting in a remarkable 1,028% increase over the last 24 hours, with 20,633,494 tokens removed from circulation. This surge coincides with a 9% price hike from $0.00001162 to $0.00001267, even as the broader market grapples […]

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Peter L. Brandt Warns of Bitcoin Price Drop: Double Top and Pennant Formations Spotted

Is Bitcoin on the Brink of a Significant Price Drop? Veteran Trader Peter L. Brandt Thinks So Double top and pennant formation spotted on Bitcoin’s chart Potential price decline if Bitcoin doesn’t reach $95,321 Robert Kiyosaki warns of stock market crash, criticizes Bitcoin ETFs Is Bitcoin on the brink of a significant price drop? Veteran […]

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