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Crypto Community Buzzes as $250 Million Bitcoin Whale Returns from Hibernation, Is It A Good Sign? Benzinga and Yahoo Finance LLC may earn commission or revenue on some items through the links below. A Bitcoin (CRYPTO: BTC) wallet valued at $250 million has sprung back to life after an eight-year hiatus, triggering a wave of…
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Japanese Bitcoin treasury firm Metaplanet and Michael Saylor’s Strategy (formerly MicroStrategy) have ramped up their Bitcoin holdings. According to reports, Metaplanet purchased an additional 150 BTC, bringing its total reserves to 3,350 BTC worth over $290 million. Metaplanet ranks as the tenth-largest corporate holder of Bitcoin in the world and operates under the motto “secure…
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Bitcoin’s price bounced back recently, surging from a low of $76,485 to a high of $89,240. This recovery has led some analysts to predict that the bull run has started. However, while BTC’s price will likely rebound in the long term, technical analysis suggests it may crash soon. Bitcoin Price Prediction: Technical Analysis The current…
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Bitcoin price started a steady increase above the $85,500 zone. BTC is now correcting gains from $88,750 and might find bids near $86,500. Bitcoin started a decent recovery wave above the $85,000 zone. The price is trading above $86,500 and the 100 hourly Simple moving average. There is a connecting bullish trend line forming with…
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Key Takeaways MicroStrategy shares jumped more than 10% on Monday, adding to recent gains following the stock’s recent correction. The software firm purchased an additional 6,911 bitcoins between March 17 and March 23, takings its holding to over 500,000 BTC, according to a regulatory filing. After initially finding buying interest at the 200-day moving average…
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Launched in 2009, Bitcoin is the world’s first decentralized cryptocurrency. In the beginning, nobody took Bitcoin very seriously. In fact, a computer programmer spent 10,000 BTC to buy two Papa John’s pizzas on May 24, 2010, when the asset was worth $0.0041 only. However, the cryptocurrency soon began ascending in value. Ten years ago, it…
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A massive Bitcoin whale wallet holding has just added $200 million worth of Bitcoin to its position after selling over 11,400 Bitcoin over the last few months — coinciding with a recent rebound for the original cryptocurrency. The Bitcoin (BTC) whale added 2,400 Bitcoin — worth over $200 million — to their stash on March…
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Defunct Japanese crypto exchange Mt. Gox made waves early Tuesday, moving large amounts of bitcoin (BTC) to two wallets, according to on-chain data tracking platform Arkham Intelligence. The address associated with the exchange transferred 893 BTC ($78.11M) to its hot wallet, labelled 1Jbez and 10,608 BTC ($927.48M) to a change wallet identified as 1DcoA during…
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As the US elevates Bitcoin above other digital assets, India must question whether it’s a breakthrough or a backdoor for financial instability. Crypto is the new craze—perhaps as goofy as frisbee. At least frisbee involved physical activity, a bit of exercise, and the joy of playing with friends. But what does crypto offer in comparison?…
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Bankrupt crypto exchange Mt. Gox has just shifted 11,501 Bitcoin in its third significant transaction in less than a month. Blockchain analytics firm Arkham Intelligence alerted the community of the transfer on March 25 on X, revealing the Japanese exchange had sent 893 Bitcoin (BTC) worth around $78 million at current prices to the Mt.…