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Bitcoin News – Page 23 – BitcoTasks BLOG
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Mt.Gox Creditors Reclaim 59,000 Bitcoin Via Exchanges, More Redistribution Imminent

Bitcoin News

After over a decade of suspense, creditors of the defunct Mt. Gox Bitcoin (BTC) exchange have finally begun receiving long-awaited payouts this month. Data from research firm Glassnode shows that as of Tuesday, 59,000 of Mt. Gox’s 142,000 BTC had already been distributed to creditors via the Kraken and Bitstamp exchanges, with another 79,600 BTC to…

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Research Firm Predicts Bitcoin Game Theory In Global Adoption Race

Bitcoin

In an analysis released on Monday, ASXN, an emerging crypto research firm, outlines the dynamics of global Bitcoin adoption through the lens of game theory. The report titled “The Game Theory of Bitcoin Adoption Among Nations” provides an examination of how nations can leverage mathematical game theory to strategically adopt Bitcoin. The report follows on…

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Bitcoin Open Interest Taps New $39.5 Billion ATH, What’s Next For Price?

Bitcoin

The Bitcoin open interest is a good indicator of how investors are viewing the cryptocurrency and what bets they’re making. This is why the metric hitting a new all-time high is a big deal, carrying serious implications for the market. Once again, the Bitcoin open interest has set a new record and this could spell…

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Minimal Bitcoin On-Chain Resistance Ahead: Price Set For New ATH?

Bitcoin News

On-chain data suggests minimal resistance for Bitcoin, which could facilitate a rally toward a new all-time high (ATH). Almost All Bitcoin Investors Are Back In The Green With Latest Recovery According to data from the market intelligence platform on-chain analysis, the strength of support and resistance levels is based on the number of investors who…

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Bitcoin Analyst Predicts Super Cycle With A Target Of $220,000, But This Must Happen First

Bitcoin News

Following the highly anticipated 2024 Bitcoin Conference in Nashville, Tennessee, over the weekend, a notable spike in positive market sentiment drove the Bitcoin price to a one-month high of $70,000 on Monday.  Analysts are now eyeing the potential for an extended super-cycle, with market expert Doctor Profit suggesting that the recent rally could begin a…

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Crypto Analyst Charts Bitcoin Course To New $77,604 All-Time High

Bitcoin

After hitting an all-time high of $73,400 in March 2024, the Bitcoin price has since retraced, remaining below its all-time high for the last four months. Nevertheless, expectations remain high that the Bitcoin price will eventually recover and hit a new all-time high, with crypto analyst “Melikatrader94” on TradingView predicting another run to $77,600. Bitcoin…

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Donald Trump Reveals Plans For US Government’s 213,239 Bitcoin If Elected

Bitcoin

US Republican Presidential candidate Donald Trump made his much-anticipated appearance at the Bitcoin 2024 conference in Nashville on July 27. Trump made several promises to the crypto voters in attendance, including what he would do to the US government’s Bitcoin holdings if elected.  What Donald Trump Plans To With The US Bitcoin Holdings During the…

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This Bitcoin Mining Giant Just Spent $100 Million To Buy BTC

Bitcoin

Bitcoin mining behemoth, BTC’s previous price drops, underscoring the mining giant’s confidence in the long term potential of the pioneer cryptocurrency.  MARA Buys $100 Million Worth Of BTC In a Bitcoin investment marks a significant increase in MARA’s already impressive Bitcoin holdings.  MARA’s latest BTC acquisition has brought its balance sheet BTC’s maximum supply of…

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VanEck CEO Owns ‘Way Over 30%’ In Bitcoin, Asset Manager Sees $2.9M Price By 2050

Bitcoin News

During the 2024 Bitcoin Conference in Nashville, Tennessee, Jan van Eck, CEO of global asset manager and Bitcoin exchange-traded fund (ETF) issuer VanEck, made headlines with his revealing comments about his personal Bitcoin holdings. Van Eck Reveals Personal BTC Holdings During his appearance at the conference, Van Eck began by sharing his perspective on Bitcoin’s…

VanEck CEO Owns ‘Way Over 30%’ In Bitcoin, Asset Manager Sees $2.9M Price By 2050 Read More »

Bitcoin’s Quiet Buildup: Analyst Predicts Major Inflows Yet to Come—Here’s Why

Bitcoin News

Recent newcomer activities. This data comparison shows that the most significant bull cycles in Bitcoin history have often peaked when the influx of new investors reaches a specific threshold—a phenomenon fueled by a fear of missing out (FOMO) among new entrants. Bitcoin Quiet Buildup Interestingly, the current cycle presents a deviation from this established trend. Instead…

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