Bitcoin reserves on Binance have fallen under 570,000 BTC, the lowest level since January. Will history repeat itself? Bitcoin reserves on Binance, the world’s largest crypto exchange by trading volume, have dropped to levels not seen since January 2024, just two months before Bitcoin’s price skyrocketed 90% in March. If Bitcoin follows the same pattern…
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A potential Trump executive order making Bitcoin a US reserve asset might drive a $20 billion BTC purchase in 2025. President-elect Donald Trump will likely issue an executive order on his first day in office to designate Bitcoin as a United States reserve asset, according to Jack Mallers, founder and CEO of Strike. A 200K…
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Bitcoin faces a giant inefficiency on short timeframes as a week full of potential volatility starts with a wobble. Bitcoin BTC$96,053 saw its first weekly close above $100,000, which was a volatile start to a new trading week. Weekly close records do not last long as analysis warns that the market should fill a $10,000 downside wick…
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A crypto analyst says Bitcoin is in a state of “musical chairs” right now and warns that traders should be “prepared when the music stops.” Bitcoin’s climb toward $100,000 has seen a significant amount of offloads from long-term holders, which some analysts say signals a potential top that could turn markets bearish and catch traders…
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Bitcoin has nailed something never seen before — $26,400 BTC price upside in a single monthly candle. Bitcoin has made history as the largest cryptocurrency seals its largest ever monthly candle. BTC/USD 1-month chart. Bitcoin completes month unlike any other Data from TradingView confirms the single biggest BTC price gain ever seen in a single monthly candle…
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Genius Group has plans for a podcast to help other firms considering Bitcoin as a treasury reserve asset after they found there was no clear blueprint for the process. Artificial intelligence firm Genius Group has taken the first steps to turn most of its treasury reserves into Bitcoin, purchasing 110 Bitcoin for $10 million —…
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Bitcoin could still see “healthy cooling” before its trip to $100,000 and above, the latest BTC price analysis says. Bitcoin risks “short-term issues” on its route to six figures — including a correction to nearly $70,000. In one of its Quicktake market updates on Nov. 16, onchain analytics platform CryptoQuant said BTC price action may see some…
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Bitcoin is well into price discovery, but that is not stopping market participants from predicting a snap BTC price comedown. Bitcoin is dividing opinion as a weekend BTC price surge takes BTC/USD to nearly $80,000. BTC/USD 1-hour chart. Source: TradingView Mixed reactions as Bitcoin sees weekend surge Data from TradingView shows Bitcoin gaining almost $2,000 in a…
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Bitcoiners don’t fear overvaluation the way stock traders do, says Bitwise Invest’s CEO, after Bitcoin reached new all-time highs this week. Bitcoin hit new all-time highs this week and isn’t triggering overvaluation concerns among investors the way stocks typically do, suggests a crypto exec. “Bitcoin is different,” asset manager Bitwise Invest CEO Hunter Horsley opined…
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Microsoft’s upcoming vote on whether or not to build a Bitcoin position is just another sign of corporations’ and institutional investors’ growing interest in BTC. On Oct. 24, a filing by Microsoft Corp. (MSFT) with the United States Securities and Exchange Commission (SEC) revealed an unexpected item on the agenda for its upcoming annual shareholder meeting on…
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