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Crypto bulls may need to brace for some turbulence as Japan’s 20-year government bond yield surged to its highest level since 2008 in a move that has historically led to aversion from risk assets such as bitcoin (BTC). The Japanese Government Bond (JGB) yield climbed to 2.265% last week, a level not seen since the…
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Nvidia (NVDA 1.92%) and Bitcoin (BTC -3.52%) don’t have much in common, but they have been two of the best-performing investments over the last five years, obliterating the S&P 500 (SNPINDEX: ^GSPC) index by several orders of magnitude: NVDA data by YCharts Had you taken $10,000 and split it equally between Nvidia stock and Bitcoin…
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A clause in Utah’s Blockchain and Digital Innovation Amendments bill, which would establish a Bitcoin reserve, was dropped right before the final Senate vote. Referred to as House Bill 230, Utah’s State Senate passed the bill with a 19-7-3 vote on March 7. However, this version no longer includes the Bitcoin reserve clause. The bill…
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Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Uncertainty lingers around Bitcoin’s next price trajectory as the general crypto market undergoes a robust whirlwind triggered by political events, economic shifts, and waning investor sentiment. However, there is still a chance that the asset might experience a rally soon, but there…
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March 10, 2025 09:15:19 UTC Crypto Fear & Greed Index Today Investor sentiment has reached levels not seen since 2022, with the Crypto Fear & Greed Index dropping to a near three-year low of 20. This steep decline reflects heightened fear among investors, driven by regulatory uncertainty and recent price volatility. Historically, such low sentiment…
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Bitcoin Magazine CEO David Bailey has speculated that the U.S. Department of Justice might be rapidly conducting Silk Road BTC liquidations. In a Mar. 10 post on X, Bailey suggested that Silk Road liquidations could be happening despite U.S. President Donald Trump’s pro-Bitcoin stance, potentially contributing to the recent downturn in BTC’s price. Bailey’s claim sparked…
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In 2021, El Salvador caught the world’s attention by becoming the first country to make cryptocurrency legal tender, alongside the US dollar. Last December, as the price of bitcoin broke $100,000 (£77,765) for the first time, the young president Nayib Bukele posted on social media that the Central American nation’s crypto holdings had more than…
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Bitcoin (BTC -5.15%) and XRP (XRP -7.28%) are very different types of cryptocurrencies. Bitcoin, which has a market cap of $1.7 trillion, is the world’s most valuable cryptocurrency. XRP, which has a market cap of $125 billion, is the native token of Ripple’s blockchain-powered payment platform. Bitcoin is mined through the energy-intensive proof-of-work proof-of-work mechanism,…
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Donald Trump used to call bitcoin “a scam.” Last year, he changed his mind and promised to create a government-run bitcoin reserve. Now that reserve exists. What’s it supposed to do, and why should the US own one? The US has a strategic bitcoin reserve. Question: What’s a strategic bitcoin reserve? More important question: Why…
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Bitcoin has traded across a range over almost $20,000 this past week as investors gear up for what could be an explosive weekend. Front-run Donald Trump, the White House and Wall Street by subscribing now to Forbes’ CryptoAsset & Blockchain Advisor where you can “uncover blockchain blockbusters poised for 1,000% plus gains!” The bitcoin price…