Key Points: Tim Draper stands by his prediction that BTC will cost $250,000 by 2025. Late SEC activities pushing business visionaries from the U.S. are viewed as a component influencing BTC’s cost. Through transparent blockchain operations, Draper emphasizes BTC’s value as a potential mainstream currency in the future. Renowned investor Tim Draper remains resolute in…
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Important issues: Coinbase offers Bitcoin ETF services through partnerships with Bitwise, Valkyrie, and others. This could boost revenue in a time of low crypto-exchange volumes. The exchange’s function as a provider of custody and market monitoring addresses concerns regarding fraud, which is crucial for Bitcoin ETF approval by the SEC. Coinbase is included in revised…
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Key Points: The price of bitcoin dropped below the $30,500 support level and spiked below the $30,000 support area. Price is gradually rising, but it faces resistance near $30,500 and the 100-hour SMA. Next significant obstruction close $32,000 level with potential for gains toward $32,500 and $33,200 opposition zones. Bitcoin price experienced a downside correction…
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Key Points: Options trading volume increased by more than 400% as BTC and ETH experienced V-shaped reversals. The notable trading of 290,000 ETH block calls, worth $540 million and accounting for 57% of total volume, suggests a bearish outlook on the market. As market volatility and trading activities continue to shape market outlook, market participants…
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Key Points: Market participants will closely monitor Bitcoin’s price action and key levels as it reclaims $27,000 to determine the strength of the current bullish momentum. The unemployment rate in the United States in May was 3.7%, which was higher than the predicted 3.5%. Investors might need to be patient at $30,000. Bitcoin price posted…
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Breaking Records: Over 80% of Total Minted Bitcoin Ordinals Inscriptions Belongs to BRC-20! Central issues: Bitcoin Ordinals Engravings outperform 10 million, with BRC-20 driving the charge. More than $44 million in charges have been paid, featuring the worth and monetary capability of the environment. Daily minting exceeds 200,000, indicating expanding demand and promising future expansion.…
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Central issues: In light of concerns regarding the debt ceiling in the United States and increased tensions between China and the United States, Bitcoin continues to decline and break above the $26,000 mark. Bitcoin’s cost development throughout recent days has been at its least level starting from the start of this current year. The most…
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Key Points: Strike has declared that it is currently open for download to more than 3 billion individuals around the world, with many extra countries added. The organization’s President, Jack Mallers, made the news on Friday at the Bitcoin 2023 meeting in Miami Ocean side, Florida. According to Mallers, the company decided to relocate its…
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Key Points: The Brazil, Russia, India, China, and South Africa (BRICS) group of major emerging economies has made it clear that it wants to reduce its reliance on the US dollar. The gathering’s drives have brought about the de-dollarization process, making expanding energy for Bitcoin in the midst of worries about the worldwide save money.…
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Key Points: Following Binance’s announcement that it would be leaving the Canadian market, the price of Bitcoin (BTC) dropped quickly to around $25,900. The motivation behind why Binance deserted this market is because of the fixing of new guidelines. BTC has consistently fallen to its lowest point since March due to regulatory regulations and liquidity…
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