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Bitcoin and Ethereum are poised to suffer their worst first quarter in years unless they can pull off a huge rally in the next few days. Ether (ETH) has dropped 37.98% so far over the first quarter of 2025, its worst Q1 decline since 2018, when it plunged 46.61%, according to CoinGlass data. Meanwhile, Bitcoin…
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Bitcoin has maintained its upward momentum since the week started, signaling renewed interest and optimism in the market. The asset reclaimed the $88,000 price level on Monday and continues to trade above this zone, marking a nearly 10% rise in value over the past seven days. The steady price recovery comes after weeks of retracement,…
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Crusoe Energy, a company that captures waste gas from oil to power high-performance compute, is selling its Bitcoin mining business to New York Digital Investment Group (NYDIG) to focus on artificial intelligence. In a March 25 announcement, Crusoe said it plans to sell its Bitcoin (BTC) mining operation, including its digital flare mitigation business, to…
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A memecoin named after GameStop Corp. GME skyrocketed to triple-digit gains Tuesday after the video game retailer adopted Bitcoin BTC/USD as a treasury reserve asset. What happened: BNB Chain BNB/USD-based GameStop Coin (GME) soared 467% in the last 24 hours, dwarfing returns by blue-chip cryptocurrencies like Bitcoin and Dogecoin DOGE/USD. The latest uptick widened the…
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Bitcoin price started a steady increase above the $86,500 zone. BTC is now correcting gains and might find bids near the $87,000. Bitcoin started a decent recovery wave above the $87,000 zone. The price is trading above $86,800 and the 100 hourly Simple moving average. There is a connecting bullish trend line forming with support…
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An analyst who accurately called Bitcoin’s correction in early 2024 believes BTC remains in a bull market after bouncing from a 2025 low of $76,000. Pseudonymous analyst Rekt Capital tells his 542,00 followers on the social media platform X that Bitcoin’s current bull market cycle has yet to reach a peak. “BTC bull market progress:…
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Given that it’s a currency outside the command of any government or central bank, Bitcoin (BTC 0.55%) is inherently an outsider’s challenge to the traditional financial system. And Strategy (MSTR 1.75%), formerly known as MicroStrategy, is all-in. It calls itself “the world’s first and largest Bitcoin Treasury Company” and says it has “adopted Bitcoin as…
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A memecoin named after GameStop Corp. GME skyrocketed to triple-digit gains Tuesday after the video game retailer adopted Bitcoin BTC/USD as a treasury reserve asset. What happened: BNB Chain BNB/USD-based GameStop Coin (GME) soared 467% in the last 24 hours, dwarfing returns by blue-chip cryptocurrencies like Bitcoin and Dogecoin DOGE/USD. The latest uptick widened the…
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Given that it’s a currency outside the command of any government or central bank, Bitcoin (CRYPTO: BTC) is inherently an outsider’s challenge to the traditional financial system. And Strategy (NASDAQ: MSTR), formerly known as MicroStrategy, is all-in. It calls itself “the world’s first and largest Bitcoin Treasury Company” and says it has “adopted Bitcoin as…
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BlackRock has launched a new Bitcoin exchange-traded product in Europe through its iShares fund service as issuers push forward on efforts to create crypto-focused products following the success of U.S.-based Bitcoin funds. The iShares Bitcoin ETP (IB1T) is listed on German, French, and Dutch stock exchanges, according to a prospectus on the iShares website. “Each…