Bitcoins
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Bitcoin
Bitcoin’s unexpected ally: Presidential candidate Kennedy shows support amid backlash
Presidential Candidate advocates for Bitcoin. Retail investors begin accumulation. Whale concentration of BTC holdings increased. The U.S. government was the…
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Bitcoin
Bitcoin’s $27,000 stalemate: Traders ponder next moves
Long-held BTCs remained inactive for a prolonged period of time. Selling pressure outweighed accumulation on a daily chart. Despite notable…
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Bitcoin
Can Bitcoin’s latest milestone help improve the state of the BTC network
Bitcoin hits new transaction volume milestone. However, miner revenue has been on a downfall. The excitement that we saw in…
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NFT
Bitcoin’s Ordinal Inscriptions Surpass 7 Million Mark, Fueling the Trend’s Unstoppable Momentum
NFT On May 15, 2023, the number of Ordinal inscriptions surpassed the 7 million mark and as of 9:00 a.m.…
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Bitcoin
Will Bitcoin’s [BTC] fate change during the final weeks of Q2? Assessing…
BTC’s exchange reserve was declining, which indicates less selling pressure. Its long/short ratio declined while open interest increased, indicating bearish…
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Bitcoin
Why Bitcoin’s [BTC] recovery may be restricted despite upside prospects
Several macro factors could stop BTC from a quick resurgence. The UTXO signaled a possible preparation for a pre-halving hike.…
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Bitcoin
Bitcoin’s [BTC] realized cap goes sky-high while another key metric plunges
Bitcoin’s realized market capitalization experienced substantial shifts, reaching $389.4 billion, but relative growth showed a diminishing trend across epochs. Despite…
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Bitcoin
Deciphering the link between Bitcoin’s [BTC] block sizes and miner fees
Block size growth driven by Ordinals inscriptions and BRC-20 impacts the Bitcoin network. Bitcoin mining fees witnessed a historic rise…
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Bitcoin
Assessing Bitcoin’s [BTC] losses as it fails to recover from the fake news-induced FUD
The divergence between daily miner revenue and 365-day SMA has broadened since the start of 2023. The data on U.S.…
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Bitcoin
Examining Bitcoin’s [BTC] $27,000 drop: Is it the desired opportunity for dip traders?
BTC’s price fell to $27,400 following the sale of BTC holdings by the US government. Price chart readings suggest that…
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