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Bitcoin price has dropped $4,000, driven by escalating geopolitical tensions and significant ETF outflows. While large investors (whales) hold back due to low profits, the uncertainty could keep Bitcoin below key support levels in the near term. Bitcoin Whales Hold Back: Low Profits and Geopolitical Risks Weigh on Price Bitcoin prices dropped by $4,000 following…
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Bitcoin.com, a pioneer in the Bitcoin and crypto space since 2015, has launched USDC staking rewards in the self-custody Bitcoin.com Wallet app and on Bitcoin.com’s decentralized exchange Verse DEX. USDC staking rewards are a pivotal step in Bitcoin.com’s mission to empower anyone to participate in DeFi without the complexities traditionally associated with decentralized platforms. Unlocking…
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Bitcoin price has faced continuous downward pressure, staying below the critical $60,250 level and hitting an intra-day low of $60,087. The general cryptocurrency market has become uneasy due to the rising geopolitical tensions between Israel and Iran, which are primarily to blame for this decline. Although Bitcoin strengthened in September, it has struggled to hold…
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In a report by Glassnode and researchers Cryptovizart and Ukuria OC, bitcoin has reclaimed a key short-term cost basis after the Federal Reserve’s recent interest rate cut. This recovery signals the potential for further price momentum, although broader market conditions remain cautious. Bitcoin Reclaims Short-Term Cost Basis According to Glassnode, bitcoin’s price has risen above…
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Recently, the price of bitcoin has fluctuated noticeably due to traditional financial institutions adopting blockchain technology and rising international tensions. The European Central Bank (ECB) and Börse Stuttgart’s successful pilot test of blockchain-based settlements marks a significant leap in financial innovation. This development, along with macroeconomic factors, is driving increased volatility in the cryptocurrency market,…
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P2P.org, a staking services firm and validator for Ethereum, has unveiled the launch of Babylon Staking API for Bitcoin staking. The Babylon staking API allows exchanges, custodians, and wallet users to securely earn rewards on their Bitcoin holdings. Per the official release sent to Cryptonews.com, the initiative aims to attract both individual stakers and institutional…
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On Tuesday, U.S. spot bitcoin exchange-traded funds (ETFs) saw $242.53 million exit, following a sharp drop in bitcoin’s value. Similarly, the nine spot ethereum ETFs experienced a loss of $48.52 million in the day’s trading. Fidelity and Grayscale Lead the Pack in Tuesday’s ETF Outflows After a series of positive inflows, the 12 U.S. spot…
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In its Oct. 2 market analysis, QCP Capital highlights the effect of escalating Middle Eastern conflicts on traditional financial (tradefi) assets and the cryptocurrency market. According to QCP’s researchers, the market response has been muted in tradefi, but risk assets and digital currencies like bitcoin (BTC) faced more substantial losses. QCP Researchers Analyze Crypto Market…
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BitcoinOS addresses the limitations of Bitcoin’s original design, bringing it closer to fulfilling its broader potential in the crypto ecosystem. Ultimately, BitcoinOS allows for scalable, composable functionality while maintaining Bitcoin’s fundamental architecture, ensuring that the protocol remains true to its roots as a sovereign, peer-to-peer digital currency. Edan Yago is CEO and Co-founder of BitcoinOS,…
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Bitcoin is entering a period of traditionally positive performance, according to the latest analysis from Cryptoquant and its researchers. However, for bitcoin to reach new highs, increasing demand will be crucial as current levels remain stagnant. ‘Demand Has a Lot of Room to Grow’ Cryptoquant‘s latest report highlights bitcoin’s strong historical performance during the fourth…
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