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Michael Saylor’s Strategy, the world’s largest public corporate Bitcoin holder, has announced its smallest Bitcoin purchase on record. Strategy on March 17 officially announced its latest 130 Bitcoin (BTC) acquisition, bought for around $10.7 million in cash, or at an average price of roughly $82,981 per BTC. The latest Bitcoin purchase was made using proceeds…
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Bitcoin’s (BTC) stochastic RSI has printed a bullish cross with a history of preceding sharp price rebounds. Stochastic RSI tracks momentum based on price movements relative to their range over a given period. This classic indicator operates between 0 and 100, with values above 80 considered overbought and below 20 deemed oversold. BTC/USDT weekly price…
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Bitcoin has shown resilience by bouncing to its 200-day moving average since last Tuesday when it fell as low as $76,606, yet it remains below this key technical threshold. In this volatile market environment, a major whale has taken a contrarian position by establishing a highly leveraged short on Bitcoin perpetual futures via Hyperliquid. Huge…
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SINGAPORE, March 17, 2025 (GLOBE NEWSWIRE) — Bitdeer Technologies Group (NASDAQ: BTDR), a world-leading technology company for blockchain and high performance computing, today announced the launch of its latest self-developed Bitcoin mining machines, the SEALMINER A2 Pro series. As the updated version of the SEALMINER A2, the A2 Pro series includes two models: the air-cooling…
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Bitcoin (BTC) investors are looking to move past four consecutive Monday losses. Over the past few weekends, the largest cryptocurrency has experienced significant price volatility, driven by macroeconomic uncertainty including geopolitical tensions, tariffs and rising global bond yields. The weekend nervousness appears to have carried over into Mondays. Data from Velo shows the over the…
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A sign promoting bitcoin transactions is seen in the beach town of El Zonte in El Salvador AFP El Salvador continued its Bitcoin purchases as the world’s most valuable cryptocurrency lingers below $85,000 amid a broader crypto market downturn and despite concerns around a funding package from the International Monetary Fund (IMF) that sets limits…
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Bitcoin continues to attract capital and strengthen its position, with Michael Saylor likening it to a long-lasting, intensifying star in the financial world. Michael Saylor has drawn attention with a poetic analogy, describing Bitcoin as an ‘Orange Dwarf‘ in a recent tweet. He likened Bitcoin to a steadily growing and intensifying star, portraying it as…
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Certain experts are penciling in a strong rebound for bitcoin heading into summer, after a tough few months for the flagship cryptocurrency. According to analysis of bitcoin’s historic price patterns by economist Timothy Peterson on his X, formerly Twitter, account @nsquaredvalue, the currency will escape from its current lull in April, continuing to recover value…
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The Bank of Korea (BOK) has officially stated that it is not considering incorporating Bitcoin into its foreign exchange reserve. In response to a written inquiry from a member of the National Assembly’s Strategy and Finance Committee, the central bank said it was concerned about Bitcoin’s high price volatility which could lead to significant transaction…
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South Korea has no plans to incorporate Bitcoin in its foreign exchange reserves, according to the country’s central bank. On Mar. 16, local media outlet Yonhap reported that officials from the Bank of Korea ruled out adding Bitcoin (BTC) to its foreign exchange reserves in response to a written inquiry from Representative Cha Gyu-geun of…