Bitcoin Price Crushing Altcoins Heading Into U.S. Election. Is There an Alt Rally Coming After?

Altcoins have lagged throughout the year amid regulatory uncertainty, and hence, K33 Research analysts said they are "more sensitive" to the election results.

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Bitcoin Price Crash Below $70,000: What Does It Have To Do With Whales And The US Presidential Elections?

After skyrocketing above $72,000 earlier last week, the Bitcoin price has experienced an unexpected crash below the $70,000 mark ahead of the US Presidential elections. Reports have cited the influence of whales and the upcoming results of the US Presidential elections as catalysts to this price decline.

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US markets, Bitcoin poised for rally regardless of elections outcome

Fundstrat Global Advisors’ Tom Lee and analysts from Bernstein predict robust markets heading into 2025, regardless of the results of the upcoming US presidential election. While Lee expects a broader market rally across sectors, Bernstein highlighted Bitcoin’s (BTC) resilience amid political uncertainty.

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Semler Scientific Added 47 Bitcoin to Holdings, Bringing Stack to 1,058 BTC

The company released its third quarter results Monday afternoon.

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Ex-President Donald Trump wishes Bitcoin whitepaper a happy 16th anniversary

Trump wished a happy birthday to the anniversary of Bitcoin’s whitepaper and called on ending “Kamala’s war on crypto” Since Bitcoin’s initial days, its price has risen to over $72,000 and is accepted as legal tender in El Salvador Trump’s post comes less than a week before the US election results are in Former US […] The post Ex-President Donald Trump wishes Bitcoin whitepaper a happy 16th anniversary appeared first on CoinJournal.

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Bitcoin To $100,000 By February 2025? Analyst Explains Why

The current trajectory of Bitcoin (BTC) prices could push it to the $100,000 mark within the next 90 days, regardless of the results of the U. S. presidential election. Bitcoin At $100,000 By February 2025?  Crypto analyst Timothy Peterson suggests that BTC’s current price movement is not substantially different from previous trends, raising questions about the “diminishing marginal returns” theory.

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XRP, Dogecoin Unaffected As Google Quietly Removes Bitcoin And Ethereum Price Data From Search Results

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Bitcoin miners fall in October with only Riot, Galaxy, Core Scientific posting gains

Bitcoin mining stocks have showed mixed results this October, with many falling more than Bitcoin, which has also recorded a modest 4. 5% drop so far. Ticker Sept. 30 ($) Oct. 10 ($) Gain/Loss (%) Company Name RIOT 7.

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BTC To Explode Following U.S. Election Results – Top Altcoins Predicted To Explode

This year has been turbulent for crypto’s leading coin, with numerous setbacks and bullish trends in one rollercoaster ride.   However, many experts believe the US elections will set the tone for Bitcoin’s future.

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Bitcoin On The Radar? Dell’s Q2 Results Provide Clarity

Dell Technologies’ Q2 2024 earnings results had the crypto industry on the edge of its seat, anticipating the company might become the latest to add Bitcoin (BTC) to its balance sheet. No Bitcoin Purchases For Dell Yet Despite CEO Michael Dell’s cryptic posts on social media platform X highlighting Bitcoin’s digital scarcity, Dell Technologies has […]

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Dell results show no signs of Bitcoin despite CEO’s bullish comments

Many expected Dell to add itself to a list of companies with Bitcoin on their balance sheets as it filed its Q2 earnings report.

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Bitcoin Mining Opportunity Is Worth About $74B, JPMorgan Says

The Wall Street bank updated its models and price targets for the miners to account for second quarter results and changes in the price of bitcoin and the network hashrate.

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Ethereum ETFs show mixed results: 'Should we be worried?'

ETHA surpassed $1 billion in inflows, leading Ethereum ETFs despite mixed market sentiment. ETHE faces continued outflows, while Bitcoin ETFs like IBIT outperform Ethereum investments significaThe post Ethereum ETFs show mixed results: 'Should we be worried?' appeared first on AMBCrypto.

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TeraWulf sees 130% revenue growth despite over 20% drop in Bitcoin production

Bitcoin miner TeraWulf has reported a 130% revenue increase in Q2 despite a more than 20% decline in crypto production. TeraWulf Inc., a public U.S.-based Bitcoin mining company, has announced its Q2 financial results, showcasing a 130% increase in revenue…

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Bitfarms shares up 22% following Q2 results report

Canadian Bitcoin mining firm Bitfarms revealed in its Q2 financial results, featuring it is still on track to achieve guidance of 21 EH/s in 2024. Bitcoin mining firm Bitfarms saw its shares surge over 20% late Aug. 8, following the…

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Northern Data reports 22% revenue increase in Q2 despite Bitcoin halving

Northern Data announced that its revenue in the second quarter surged by 22%, defying expectations despite the impact of the Bitcoin halving. European Bitcoin (BTC) mining company Northern Data has rolled out its Q2 results published today, Aug. 6, boasting…

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The results of this survey on who owns Bitcoin will surprise you

From a demographic standpoint, you’ll be unsurprised to hear that most Bitcoin investors are young and male — but beyond that, there’s plenty of diversity. A new report has shed light on who tends to own Bitcoin (BTC) in the…

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MicroStrategy to raise $2B with ATM offering as shareholders accrue more Bitcoin per share

Quick Take Q2 2024 Highlights On Aug. 1, MicroStrategy announced its Q2 results, highlighting a significant milestone as its total Bitcoin holdings reached 226,500 BTC. The company reported several key financial moves in Q2 2024, according to their quarterly presentation, including raising $800 million through 2032 convertible notes, calling $650 million of 2025 convertible notes, […] The post MicroStrategy to raise $2B with ATM offering as shareholders accrue more Bitcoin per share appeared first on CryptoSlate.

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Riot Platforms posts 52% decrease in Bitcoin production for Q2

Bitcoin mining firm Riot Platforms has released its Q2 financial results, showing a decline in mined crypto due to the recent halving. Colorado-based Bitcoin (BTC) mining firm Riot Platforms has unveiled its Q2 financial results, highlighting a significant reduction in…

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Bitcoin ETFs hold inflows by string, Ethereum’s outflows start again

Spot Bitcoin and Ethereum exchange-traded funds in the United States have recorded poor results this week as bears dominate the market sentiment. According to data provided by Farside Investors, spot Bitcoin (BTC) ETFs recorded a net inflow of roughly $300,000…

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CleanSpark mines 445 BTC in June, exceeds 20 EH/s target with Georgia expansion

CleanSpark mined 445 Bitcoin (BTC) in June and grew its hash rate above 20 EH/s on the back of its recent expansion in Georgia. The mining firm’s June performance results, published On July 2, also described an average daily output of 14.

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Saylor Reacts to Bitcoin Crushing AI in Billionaire Dell's Poll

Michael Saylor has stated that Bitcoin is most important thing after seeing results of Michael Dell's poll

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Appetite for Bitcoin ramps up after positive inflation results, shows options data

Bitcoin options indicate a bullish investor outlook with rising demand for longer-dated calls post-cooler inflation. The post Appetite for Bitcoin ramps up after positive inflation results, shows options data appeared first on Crypto Briefing.

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Crypto Biz: The Bitcoin summer, Avalanche integrates with Stripe, and more

This week’s Crypto Biz features the Lightning Network rollout on Coinbase, Avalanche integration with Stripe, MicroStrategy earning results and BlackRock’s new tokenized fund.

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Trader claims Bitcoin algo netted $71k profits, community disagrees 

Crypto influencer Rekt Fencer shared a Bitcoin trading algorithm built with OpenAI’s ChatGPT, but users are skeptical about the bot’s results.

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Bitcoin Settles Inflation Rate Battle With Gold, Becomes Scarcest Asset

Following the latest Halving, Bitcoin’s inflation rate has officially become lower than Gold’s, making BTC the scarcest asset in history. Bitcoin Halving Results In Inflation Rate Dropping To Just 0.

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Bitcoin shrugs off CPI results and reclaims the $70,000 price level

Bitcoin remains unfazed after CPI numbers came above the expected, and might see interests from investors in the long term.

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AI-Generated Bitcoin Song Created by Tuur Demeester

Tuur Demeemster shares results of his AI experiments with cryptocurrency community

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Hut 8 reports 32% revenue increase amid Bitcoin rally

Cryptocurrency miner Hut 8 Corp has published a report on its results over the past six months.

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Google dives deeper into blockchain adding Bitcoin, EVM chains to ‘rich results’ indexing

Reports indicate that Google has expanded its search engine capabilities to include blockchain data from various networks, such as Bitcoin and Ethereum virtual machine networks like Fantom. This integration empowers users to access transaction details by searching for specific blockchain addresses directly within Google’s search engine ‘rich’ results.

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Bitcoin Address Data Now Available In Google Search

Google now indexes Bitcoin blockchain data in search results, allowing billions of daily users to view address balances and transactions alongside standard web results.

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Nayib Bukele hits back at critics as El Salvador’s Bitcoin strategy results in 40% unrealized profits

El Salvador’s President Nayib Bukele recently shared insights on X about the nation’s Bitcoin investments, revealing a potential profit margin of over 40% from its holdings.  Bukele highlighted that despite previous criticisms during Bitcoin’s price lows the current market upswing…

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Michael Saylor's Bitcoin Price Factor Survey Shows Astonishing Results: Details

Twitter poll conducted by Michael Saylor shows that retail holders are not willing to sell their BTC; more than a hundred thousand people voted

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Has Dogecoin Met Its Match? NuggetRush Shows Results After Raising $550,000

Even established projects including Bitcoin (BTC) and Ethereum (ETH) are losing market share to emerging protocols. Along these lines, Dogecoin (DOGE) has not been left behind. Though commanding billions in market cap, the first meme coin faces stiff competition from new projects.

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Wallet of Satoshi (WoS) confirms decision to quit the U.S. market

Bitcoin lightning app Wallet of Satoshi has confirmed that it will no longer operate in the United States. The company has removed its application from U.S. Apple & Google play stores. That comes after multiple users raised alarms as they got no results when searching for WoS on Friday. While the firm hasn’t confirmed the […]

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Argentina Welcomes First Pro-Bitcoin President, BTC Price Surges Above $37,000

In a historical moment for both the nation and the crypto community, Argentina has ushered in a new era by welcoming its first-ever pro-Bitcoin President.   Argentina Elects Pro Bitcoin President On November 19, Argentina released the results of its presidential election.

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Bitcoin’s pump to $35k results in $400M liquidation

Bitcoin rose more than 12% in 24 hours to reach a new year-to-date high of $35,264 on Binance – BTC traded to highs above$35,150 on Bitstamp and Coinbase as well. As the flagship cryptocurrency skyrocketed, altcoins followed suit, with Ethereum spiking above $1,800.

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Tesla maintains $184 mln Bitcoin holdings: Q3 report

Tesla's latest quarterly results affirmed that the company neither acquired nor divested any Bitcoin during this period. Tesla stated that it had “more than doubled the size” of its computiThe post Tesla maintains $184 mln Bitcoin holdings: Q3 report appeared first on AMBCrypto.

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Deciphering the role of UTXOs in Bitcoin consolidation patterns

One of the foundational concepts of Bitcoin is the Unspent Transaction Output, or UTXO. Every Bitcoin transaction results in the creation of these UTXOs, which represent a piece of Bitcoin that can be spent in future transactions.

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US Bitcoin Mining Giant Marathon Digital Reports 228% Revenue Boost In 2023

A Bitcoin mining firm in the United States Marathon has released its financial results for the second quarter of 2023. The report revealed an impressive 228% rise in revenue compared to the same period in 2022.

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Bitcoin miner Canaan reports 33% increase in revenue in Q2

The manufacturer of Bitcoin mining machines, Canaan, released financial results for the quarter ending on June 30.

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Disappointing Q2 earnings send shares of Bitcoin Miner Hut 8 plummeting

Following the release of disappointing Q2 earnings results, Hut 8 (TSX: HUT), a Toronto-based Bitcoin mining company, had its shares drop 8% on Monday. The company reported that it mined 399 BTC during the quarter that ended on June 30; a decrease of 58% from the same time last year.

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Hut 8 grapples with revenue fall, Bitcoin mining output in challenging Q2 2023

Hut 8 Mining Corp, the U. S. digital asset mining company, has released its financial results for Q2 2023, ending on June 30. The disclosed statistics present a challenging quarter for the corporation, marked by decreased mining output and a notable fall in revenue.

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Riot increases Bitcoin production by 27%

Bitcoin miner Riot has unveiled its financial results for Q2 2023, reporting a total revenue of $76.7 million. The results highlight the company’s resilience in a fluctuating market, with a 27% increase in Bitcoin production contributing significantly to its success.…

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Bitcoin miner Riot Platforms posts Q2 2023 results, forecasts expansion

Riot Platforms, Inc. reported a significant revenue increase driven by heightened Bitcoin production. The firm has positioned itself for robust financial growth and hash rate expansion. RiotThe post Bitcoin miner Riot Platforms posts Q2 2023 results, forecasts expansion appeared first on AMBCrypto.

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Riot spends just $8.3k to mine 1 BTC as it looks to triple production by 2025

Riot, a key player in the Bitcoin mining sector, reported overall revenue of $76. 7 million in its financial results for the quarter ending June 30, 2023. This result underscores Bitcoin miner resilience in an unpredictable market, with a significant part of its achievement attributed to a 27% increase in Bitcoin production, as opposed to the […] The post Riot spends just $8.

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Bitcoin Mining Company Marathon Digital Reports $21.3M Loss For Q2

Marathon Digital, one of the largest Bitcoin miners, has announced a net loss of $21.3 million for the second quarter of the year. Bitcoin Mining Company Marathon Digital Made $81.8 Million In Q2 Revenue In a new press release, Marathon Digital has revealed the results of the company’s performance during the second quarter of 2023 […]

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Marathon Digital Q2 results miss revenue and earnings forecasts

Despite the earnings miss, Marathon's CEO said it mined a record 2,926 Bitcoin over the second quarter of 2023.

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Block reports a 34% increase in its second-quarter Bitcoin revenue

Block reports market-beating results for its fiscal second quarter. It attributed nearly half of its quarterly revenue to Bitcoin sales. Shares of the fintech still ended nearly 15% down on Friday.

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