China cautions investors against Bitcoin (BTC) despite long-standing ban

China’s state-run newspaper has issued a crucial advisory to investors, urging vigilance amidst Bitcoin’s (BTC) recent surge to a two-year peak of over $65,000. The caution comes in the backdrop of persistent regulatory concerns and a dynamic global crypto landscape.…

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Bitcoin eyes $50,000 target amid strong ETF inflows

Bitcoin's price goes hand in hand with strong, persistent spot ETF performance, indicating a possible leap to $50,000 in the near future.

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Revisiting Persistent Bitcoin Criticisms: A Report by Fidelity Digital Assets

Fidelity Digital Assets has published a new report that provides an updated response to the most persistent criticisms of Bitcoin.

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MicroStrategy's BTC Holdings Give It Huge Unrealized Profit as Bitcoin Pumps

As Bitcoin jumped more than 13% overnight, most persistent Bitcoin investor MicroStrategy has made staggering unrealized profit on BTC it holds

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Persistent macro headwinds could delay Bitcoin bull market — ARK Invest

Several macroeconomic indicators suggest that bearish headwinds could strengthen during the remainder of 2023 and possibly negatively impact the crypto market.

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Breaking Point: Bitcoin Fate Hangs On $25,400 Support, $20,500 Looms As Potential Bottom

Bitcoin (BTC), the leading cryptocurrency in terms of market capitalization, is displaying persistent indications of an ongoing downtrend. Currently oscillating between the $26,000 level and the $25,800 mark, it is edging closer to a crucial support level at $25,400.

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As sales volume plummets, is it time to bid Bitcoin Ordinals adieu?

Bitcoin Ordinals has seen a drop in trading volume and sales count since May. The persistent decrease in transaction volume and sales count has raised concerns about the future of NFTs. The The post As sales volume plummets, is it time to bid Bitcoin Ordinals adieu? appeared first on AMBCrypto.

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Bitcoin Price Forecast Splits As Bears Target $12K Crash, Bulls Debate Peak Scenarios

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Trump’s Persistent Election Result Denials Demonstrate The Need For Bitcoin-Verified Truth

Donald Trump’s tireless 2020 election denials, and the fact that voters don’t know what to believe, demonstrates why politicians fear Bitcoin.

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Bitcoin hits all-time high against Argentine peso 

The persistent inflation in Argentina has resulted in a record high price of bitcoin against the Argentine Peso (ARS) on April 25. 

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Antifragile: Serhiy Tron Fights To Bring Bitcoin To Ukraine

Serhiy Tron, a former boxer, a persistent entrepreneur and the publisher of Bitcoin Magazine Ukraine, fights for stability in an unstable world.

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Dollar’s sharp recovery puts Bitcoin’s $25K breakout prospects at risk

Persistent inflation and a strong labor market create conditions for more Fed rate hikes in 2023, which may push Bitcoin down against the U.S. dollar.

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Why Bitcoin Has The Momentum To Run Beyond 23,000

The price of Bitcoin keeps smashing resistance levels while reclaiming previously lost territory. Unlike other rallies into the current area, this price action might suggest a persistent trend and a new dawn for the industry following months of collapsing companies and bankruptcies.

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Prominent Tesla Investor Compares Bitcoin to Cockroach

Bitcoin is often compared to a cockroach since they are both perceived as resilient, persistent and nearly indestructible

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What Bear Market? CES 2023 Sees Strong Bitcoin And Crypto Footprint

One of the most significant technological events in the year, the 2023 Consumer Electronics Show (CES), saw participation from the Bitcoin and crypto industry. The nascent asset class has seen a persistent downtrend in its value, but the bear market is failing to slow down innovation.

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Analyst Explains Why Ethereum Is Bullish Against Bitcoin

An analyst has explained that the absence of miners on the Ethereum network could be bullish for the ETHBTC ratio. Miners Provide A Persistent Selling Pressure On Bitcoin As explained in a tweet by Tom Dunleavy, a Messari research analyst, BTC miners sell almost all the coins they mine.

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Bitcoin [BTC] short-traders ravage the market as whales intensify accumulation

In spite of persistent price decline, Bitcoin whales continue to accumulate. However, on-chain data suggested that most might be accumulating to short the king coin Currently trading at a twThe post Bitcoin [BTC] short-traders ravage the market as whales intensify accumulation appeared first on AMBCrypto.

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Research: Persistent low volume could cause Bitcoin price to plummet to $12k if it falls below $17.5k

Recent on-chain metrics suggest that a Bitcoin (BTC) bottom might be forming, but the chances of the flagship asset dropping below its lowest value are increasing due to weak volume. The post Research: Persistent low volume could cause Bitcoin price to plummet to $12k if it falls below $17.5k appeared first on CryptoSlate.

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$20,000 Seems to Be Short-Term Resistance for Bitcoin; Here’s What to Expect

Bitcoin is experiencing a significant correction following a few successive days of persistent upsurge. The market rally appears to have hit a roadblock, and the bears are kicking in. As BTC approached the $20k zone, recent charts signalled a surge of onchain whale activity.

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Bitcoin HODLers Not Selling As BTC Sharks Heavily Accumulate Sats In The Dip

Nevertheless, as indicated on a Santiment chart, Bitcoin sharks appear to be expeditiously accumulating Satoshis in the dip triggered by the persistent Crypto Winter.

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How NFTs Forecasted A Crypto Recovery, Nansen Report Claims

Crypto research firm Nansen published a report shared with NewsBTC, on non-fungible tokens (NFTs) and their performance amid the persistent bearish trend across the industry. NFTs have been a hot sector since 2021 as they facilitated broader adoption of digital assets but have taken a toll as Bitcoin and other cryptocurrencies trend to the downside.

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Bitcoin, altcoins sell-off on record-high inflation, but traders still expect BTC to consolidate

Global financial markets and crypto sold off after June 10’s 8.6% CPI print showed inflation remains a persistent challenge.

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Price analysis 6/8: BTC, ETH, BNB, ADA, XRP, SOL, DOGE, DOT, AVAX, SHIB

Bitcoin and altcoins are losing bullish momentum and persistent selling at overhead resistance suggests that the current consolidation is far from over.

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Bitcoin’s hash rate surges despite persistent economic uncertainty

CoinWarz shows the Bitcoin hash rate continues to explode, hitting a new all-time high of 270 EH/s on Monday before settling around the 220 EH/s today. The post Bitcoin’s hash rate surges despite persistent economic uncertainty appeared first on CryptoSlate.

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Bitcoin Data: Number Of Active Entities Remain In Bear Market Channel

Data shows the number of active Bitcoin entities has been steadily going up, but the growth pattern still remains in the bear market channel. Number Of Active Bitcoin Entities Continues To Remain In Bear Market Channel As per the latest weekly report from Glassnode, the number of active BTC entities has observed a persistent user growth recently.

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Bitcoin Tops $44K Amid Rumors of Terra's Foundation Accumulating BTC

Terra is becoming a persistent buyer of bitcoin, one observer said.

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Analyzing Bitcoin Price Changes Based On Regional Working Hours

The latest bitcoin upwards price momentum seems to be coming from western buyers, but persistent Asian-hours selling pressure is tempering bullishness.

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Bitcoin Worth $1.2B Leaves Coinbase in a Sign of Persistent Institutional Adoption

A total of 31,130 bitcoin left Coinbase last week, the highest single-week outflow since 2017.

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Buying Bitcoin Might Be Good Call For The Young, Legendary Trader Peter Brandt Says

Bitcoin was rejected north of $40,000 after a short live rally push it into previous highs. Persistent selling pressure and uncertainty around the global situation, and an incoming shift in central banks monetary policy, seems to be taking a toll on the crypto market.

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Bitcoin Bounce Fades; Minor Support at $30K-$36K

Bitcoin (BTC) price bounce was short-lived as sellers reacted to the $40,000 resistance zone. Upside appears limited due to negative momentum signals and persistent selling pressure. Support at $30K and $36K could stabilize the pullback.

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Two Reasons Why Bitcoin Could Kick Off 2022 On A Rally

Bitcoin has been dancing on critical support over the weekend after it was rejected north of $48,000. The first crypto by market cap has experienced a persistent downwards trend and trades at $45,937 with 1.

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JPMorgan: Institutes Are Looking At Bitcoin As A Better Hedge Against Inflation Than Gold

Many investors are now choosing Bitcoin over Gold as a better hedge against inflation, according to a recent note sent by JPMorgan Chase to investors. This is partly backed by the growing Bitcoin valuation and persistent adoption by mainstream financial and non-financial, as well as the corporate world.

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Bitcoin: What you should know about these market players' latest move

With Bitcoin dropping by 7.25% over the past week, a persistent bearish sentiment has clouded the crypto-space. However, it was not all bad news for investors as many partook in profit-taking activitiThe post Bitcoin: What you should know about these market players' latest move appeared first on AMBCrypto.

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'When this occurs, Bitcoin is likely to see' this movement

Even though the crypto market’s king coin had a stupendous rally during the initial few months of 2021, the persistent bearish phase that commenced right after has managed to dominate the market nowThe post 'When this occurs, Bitcoin is likely to see' this movement appeared first on AMBCrypto.

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Litecoin, Tron, UNI Price Analysis: 28 May

With Bitcoin heading back towards $35,000 at the time of writing, bearish sentiment was persistent for most alts in the market. Similarly, altcoins such as Litecoin, Tron, and Uniswap halted their recThe post Litecoin, Tron, UNI Price Analysis: 28 May appeared first on AMBCrypto.

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Noise Free, Here’s Why Bitcoin’s Fundamentals Remain Intact

Bitcoin has been hit by another succession of FUD. At the time of writing, the first cryptocurrency by market cap sits at the higher area of $30,000. Price action is still choppy and uncertainty about a persistent downside trend appears to be taking a toll on the bulls.

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Grayscale Bitcoin Trust's Stockholder Not Happy About Persistent Discount

A Chicago-based Grayscale Bitcoin Trust stockholder is demanding a tender offer as shares continue to trade at a discount

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The Relationship Between US Government Debt and Bitcoin, Explained

Bitcoiners are looking for persistent USD inflation to validate their favorite asset. That’s unlikely to happen soon, economists say, but low interest rates are still a boon for BTC.

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Chiliz (CHZ), Curve DAO (CRV), TomoChain (TOMO) price analysis

Persistent price volatility in Bitcoin (BTC) price action and other similar cryptocurrencies indicates a potential need for stablecoins and other less volatile digital currencies.  Fundamental analysis: Altcoins may prosper Bitcoin has been on a frenzy over the past year, however, its high volatility and the need for less volatile cryptocurrencies are being mentioned again among […] The post Chiliz (CHZ), Curve DAO (CRV), TomoChain (TOMO) price analysis appeared first on Invezz.

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Bitcoin: Why there is scope for greater volatility

When the volatility in the cryptocurrency market is high enough to gain over 12% in price in 24 hours, there is a persistent fear of making mistakes. Bitcoin’s price chart has broken nearly all ceilThe post Bitcoin: Why there is scope for greater volatility appeared first on AMBCrypto.

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Here’s Why Bitcoin is on the Cusp of Seeing Massive Volatility

Bitcoin has been caught within a persistent bout of sideways trading throughout the past few days, with the selling pressure seen above $19,000 allowing bears to spark multiple strong selloffs throughout the past couple of weeks.

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Trader Calls for Bitcoin Plunge to $17,000 as Selling Pressure Mounts

Bitcoin has seen some intense turbulence throughout the past few hours, with the selling pressure seen in the mid-$19,000 region once again proving to be too much for it to handle The crypto has been caught within a persistent bout of consolidation throughout the past few days, with bulls guarding the mid-$18,000 region as bears continue building massive sell walls around $19,500 The frequency of the rejections seen at this price region is a grim […]

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Bitcoin Price Rises Ahead of FOMC Minutes; What to Expect Next?

Bitcoin rose Wednesday, right ahead of the release of the Federal Open Market Committee’s minutes from their November meeting. The benchmark cryptocurrency climbed 0. 13 percent to $19,198, with its rally slowing down as traders weighted vaccine progress against a persistent rise in coronavirus infections in the US.

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Analyst: Bitcoin May Face Prolonged Accumulation Phase Around $9,000

Bitcoin is now caught within a persistent and relatively tight accumulation phase between $10,600 and $10,800 The cryptocurrency has been unable to post any type of ardent reaction to either of these levels, and has mainly traded in between them at $10,700 BTC’s ongoing bout of sideways trading has done little to offer insight into its near-term outlook, but investors are noting that a fresh trend may be approaching One trader recently put forth a […]

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Zcash, Ethereum Classic, Chainlink Price Analysis: 28 August

A persistent market downtrend has been the norm over the past few days, with Bitcoin's price fortunes having a ripple effect on the rest of the market's altcoins. This was the case with Chainlink, ZcaThe post Zcash, Ethereum Classic, Chainlink Price Analysis: 28 August appeared first on AMBCrypto.

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Bitcoin SV short-term price analysis: 13 July

Bitcoin SV, the persistent hardfork of a hardfork of Bitcoin has now become a mainstay in the top-10 coins in the cryptocurrency market. Currently placed on the eighth spot with a market capitalizatioThe post Bitcoin SV short-term price analysis: 13 July appeared first on AMBCrypto.

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This New Economic Narrative Could Shift the Tides Into Bitcoin’s Favor

Bitcoin has been closely tracking the traditional markets in recent months, which is part of the reason why it has been caught within such a persistent trading range since the start of May. The equities market has been stable as of late, with its ongoing consolidation coming close on the heels of a historic rebound […]

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‘Be Your Own Bank’ and the ‘Luxury of Apathy’

The powerful idea and meme at the core of Bitcoin self-sovereignty is incredibly empowering but has an unspoken element that requires persistent competence and at least for some makes it more trouble than it's worth.

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A Treatise on Bitcoin and Privacy Part 2: Don’t Be Misled by Red Herrings

In order to make the most of Bitcoin’s inherent privacy features, we must be able to distinguish between real privacy and some persistent “red herrings.” The post A Treatise on Bitcoin and Privacy Part 2: Don’t Be Misled by Red Herrings appeared first on Bitcoin Magazine.

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