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Bitcoin News – Page 61 – BitcoTasks BLOG
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Breaking: Spot Bitcoin And Ethereum ETFs Approved In Hong Kong

Breaking News Ticker

The Hong Kong Securities and Futures Commission (SFC) has officially approved several spot Bitcoin and Ethereum exchange-traded funds (ETFs), a decision that marks a significant development in the region’s burgeoning crypto market. These approvals were granted to prominent asset managers including China Asset Management, Bosera Capital, and HashKey Capital Limited, alongside an in-principle approval for…

Breaking: Spot Bitcoin And Ethereum ETFs Approved In Hong Kong Read More »

Nervos Network CKB Token: The Market Disruptor With 75% Uptrend, Outshining Top 100 Cryptos

Cryptocurrency Market News

Amid a widespread price correction affecting the majority of the top 100 cryptocurrencies, one digital asset has defied the trend, surging to impressive heights. Nervos Network, along with its native token CKB, has not only recorded significant gains but has also climbed to the 79th rank in the market, raising questions about the factors behind…

Nervos Network CKB Token: The Market Disruptor With 75% Uptrend, Outshining Top 100 Cryptos Read More »

Will The Halving Send Bitcoin Price To $100,000? Analytics Platform Reveals What You Should Expect

Bitcoin

Hannah Phung, a lead analyst at on-chain analytics platform Bitcoin’s price to rise to $100,000.  Bitcoin’s Price Surge Might Not Come Immediately Phung mentioned during an interview with BeInCrypto that Bitcoin’s price tends to increase around 6 to 12 months after the Halving and not immediately. This is evident from the past Halving events, as…

Will The Halving Send Bitcoin Price To $100,000? Analytics Platform Reveals What You Should Expect Read More »

The Ultra Wealthy Are Investing Big Time In Bitcoin, Barbara Goldstein Reveals

Bitcoin

Bitcoin, the world’s largest cryptocurrency, has caught the attention of the ultra-wealthy elite, as individuals with assets worth millions and billions of dollars are setting their sights on entering the digital asset market, eager to become part of Bitcoin’s innovative and revolutionary ecosystem.  Wealth Titans Are Shifting Focus To Bitcoin Investments In a recent Bitcoin…

The Ultra Wealthy Are Investing Big Time In Bitcoin, Barbara Goldstein Reveals Read More »

Bitcoin Mining Difficulty Hits Record High In Anticipation Of Halving Event – Here’s Why It Matters

Bitcoin News

The Bitcoin network mining difficulty has surged nearly 4% to hit an all-time high just a few days before the highly anticipated Halving event. This adjustment, recorded at 86.4 trillion, marks a crucial milestone in the cryptocurrency’s history. Decrypting Bitcoin’s Mining Complexity Notably, Bitcoin mining difficulty measures miners’ complexity in solving mathematical puzzles to validate…

Bitcoin Mining Difficulty Hits Record High In Anticipation Of Halving Event – Here’s Why It Matters Read More »

Bitcoin “Looks Healthy” After 2 Months, Backs BTC To Rally Above $74,000

Bitcoin News

Bitcoin, one analyst notes on X, is looking healthy for the first time since the coin soared to over $70,000, printing all-time highs back in March 2024. The assessment is due to funding rates dropping to within ordinary levels, an indicator that volatility is also falling and moments of fear of missing out (FOMO) are fading. …

Bitcoin “Looks Healthy” After 2 Months, Backs BTC To Rally Above $74,000 Read More »

Bitcoin 2 Months Through “Euphoria Wave,” How Long Was The Last One?

Bitcoin News

On-chain data shows Bitcoin has been going through a “euphoria wave” for two months. Here’s how long it was in this phase during the last bull run. Bitcoin Has Been In Euphoria Wave Phase According To Supply In Profit According to the latest weekly report from the on-chain analytics firm Glassnode, the current BTC cycle…

Bitcoin 2 Months Through “Euphoria Wave,” How Long Was The Last One? Read More »

Bitcoin Tumbles on Hot CPI Data, But This Analyst Stays Ultra Bullish: Here’s Why

Bitcoin News

The better-than-expected United States Consumer Price Index (CPI) released on April 10 is already sending shock waves through the financial market. Bitcoin and most crypto assets are trading lower, extending losses recorded on April 9, weighing negatively against optimists. United States CPI Data Came In Hot According to Trading Economics data on April 10, CPI,…

Bitcoin Tumbles on Hot CPI Data, But This Analyst Stays Ultra Bullish: Here’s Why Read More »

Is The Bull Run Nearing its End? Marathon CEO Asserts Bitcoin ‘Halving’ Rally Already Priced In

Bitcoin News

In anticipation of the upcoming Bitcoin Halving event, which is expected to occur later this month, Marathon Digital CEO Fred Thiel believes that the price impact may already be factored into the market to a certain extent.  Thiel shared his insights in a recent interview with Bloomberg, in which he discussed the potential catalysts for…

Is The Bull Run Nearing its End? Marathon CEO Asserts Bitcoin ‘Halving’ Rally Already Priced In Read More »

Analyst Says Bitcoin Halving Influence Is No Longer Driving Price, Here’s What Is

Bitcoin

Analysts from CryptoQuant have revealed that the influence of the 2024 Bitcoin halving on the price of BTC has notably diminished. According to the crypto analytics firm, the highly anticipated halving event is no longer the key driver for a bullish momentum in BTC.  Bitcoin Halving Effects On Prices Is Fading CryptoQuant wrote in a…

Analyst Says Bitcoin Halving Influence Is No Longer Driving Price, Here’s What Is Read More »

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