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President Donald Trump’s proposed tax cuts and aggressive tariff hikes have shaken the cryptocurrency market, with increased volatility and a slew of ETF-related Bitcoin sell-offs over the past few weeks. The one big question is, “Will BTC explode if Trump removes income tax for Americans earning less than $150K?” Trump’s tax reform plan calls for…
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Xapo Bank, a wealth manager for long-term holders of bitcoin, said it is offering its members BTC-backed loans of up to $1 million. Crypto lending became something of a bête noire in recent years following a series of high profile collapses and bankruptcies that shook the crypto industry. But crypto-backed loans are now making a…
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Cryptocurrency analyst Benjamin Cowen has provided a roadmap for Bitcoin’s BTC/USD recovery, emphasizing that broader market trends, particularly a local bottom for the S&P 500’s, will play a crucial role in crypto market movements. What Happened: In a podcast on March 16, Cowen suggested that Bitcoin’s current downturn could extend until late March before a…
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15h05 ▪ 3 min read ▪ by Evans S. Bitcoin wobbles: in three months, it has plunged by 30%, falling from $109,590 to $77,041. Bitfinex dissects this debacle. Behind the sawtooth graphs, a story unfolds: panic among small holders, desertion of institutions, and a macroeconomy that creaks. But is this crisis a shipwreck or a…
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Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Bitcoin has faced intense selling pressure and uncertainty, with its price aggressively declining over the past few weeks. The ongoing trade war tensions and macroeconomic instability continue to weigh on financial markets, pushing both crypto and U.S. stocks lower. Despite strong fundamentals,…
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Crypto miners can now leverage Bitcoin-backed loans through M2’s partnership with NiceHash. Abu Dhabi-based cryptocurrency exchange M2 has partnered with NiceHash, a cryptocurrency mining services provider, to introduce flexible lending solutions for miners. According to a press release shared with crypto.news on Tuesday, the initiative aims to help miners access liquidity without selling their Bitcoin…
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DDC Enterprise (NYSEAM: DDC) has announced a strategic initiative to establish Bitcoin reserves through a planned injection of up to 100 BTC from an investor group. The investment will be made in exchange for DDC Class A Ordinary shares priced between $0.50 to $1.25 per share, representing a 100% to 400% premium…
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Business intelligence firm and Bitcoin investor Strategy plans to offer 5 million shares of the company’s Series A Perpetual Strife Preferred Stock and use the proceeds to purchase more Bitcoin. In an announcement, the company said it intends to use the proceeds for general purposes. This includes its working capital and “acquisition of Bitcoin.” However,…
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Business intelligence firm and Bitcoin investor Strategy plans to offer 5 million shares of the company’s Series A Perpetual Strife Preferred Stock and use the proceeds to purchase more Bitcoin. In an announcement, the company said it intends to use the proceeds for general purposes. This includes its working capital and “acquisition of Bitcoin.” However,…
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DMND (“Demand Pool”), the world’s first Stratum V2 Bitcoin mining pool, has officially opened applications for miners to join as launch partners, according to a press release sent to Bitcoin Magazine. Successful applicants will receive 0% fees for the first two months and a special two-year founding miner agreement. In addition to the launch announcement,…