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Jeff Park, co-owner and investment director of ProCap BTC, stated that news of a major government beginning to purchase the first cryptocurrency could be a strong catalyst for Bitcoin's growth. Such news could send Bitcoin's price soaring to $150,000 in a…
Robert Kiyosaki sold the bitcoins he bought for $6,000 for about $90,000. He received $2.25 million from the sale and reinvested it in two surgical centers and a billboard business. However, the businessman remains optimistic about Bitcoin and plans to buy…
Rumors have been circulating in the crypto community that USDT issuer Tether spent $1 billion of its own reserves to buy Bitcoin during its decline below $86,000. What really happened The speculation began with a post by Crypto Chatter user X…
The price of the leading cryptocurrency on the Bitstamp exchange briefly dropped to $80,537 on November 21, representing a 36% drop from its all-time high reached on October 6. The correction sparked a heated debate among analysts about whether the current…
Ki Young Ju, CEO of the analytics company CryptoQuant, stated that the situation on the crypto market is worse than expected, and a resumption of Bitcoin growth is possible only in a few months. According to the expert, dollar liquidity is…
The Bitcoin market has seen a sharp increase in miner pressure, as net flows from Binance Pool have plunged into deep negative territory. Data shows that BTC miners are withdrawing significant amounts of coins to exchanges, which typically indicates preparation for…
Many crypto market participants are debating potential triggers for a significant move in the Bitcoin price. ProCap Chief Investment Officer Jeff Park identified a key catalyst for Bitcoin (BTC) price growth. “The trigger for Bitcoin to grow would be sovereign adoption,”…
Bitcoin has plunged to nearly $80,000, down 36% from its October high of $126,000. November has become the world's weakest month since June 2022, and even the most staunch hodlers are starting to get nervous. The numbers speak for themselves: $4…
After Bitcoin's fall below $94,000 at the start of the week, traders actively bought short-term put options with an expiration price of $75,000. This was noted by Glassnode. 75K Put Premium Short- and mid-term 75K puts have been heavily bought since…
Bitcoin community members reacted enthusiastically Thursday to the unannounced appearance of US Treasury Secretary Scott Bessent at the opening of the new Pubkey-themed bar in Washington. “The fact that the Treasury Secretary showed up to the Pubkey launch in Washington seems…
Ohio Republican Congressman Warren Davidson has introduced a bill called the Bitcoin For America Act that would allow Americans to pay their taxes in Bitcoin. The congressman stated that his initiative would allow taxpayer-paid bitcoins to be deposited into the US…
A study of the Bitcoin (BTC) futures market dynamics shows further weakness, which has been entrenched since the price declined by approximately 30%—from $112,000 to $81,000—over the past two months. Previously cited indicators confirm that the market structure is increasingly shifting…