Metaplanet projects it will turn its first operating profit since 2017 and said it wants to go beyond just buying Bitcoin as part of its treasury strategy. Bitcoin stacking firm Metaplanet expects to record its first consolidated operating profit in seven years just months after adding Bitcoin its balance sheet for the first time. The…
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The Bitcoin funding rate over the 30-day EMA signals “no visible signs of late-cycle overheating,” according to a crypto analyst. The Bitcoin funding rate signals that the market is not overly frothy and shows no signs of Bitcoin’s price peaking too early in the cycle, according to a crypto analyst. “Analyzing the funding rate using…
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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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A crypto analyst warns that Bitcoin’s price could face volatility if the highly anticipated United States Bitcoin Strategic Reserve bill gets passed. A crypto analyst has warned that if approved, Senator Lummis’ proposal for the United States government to acquire 5% of Bitcoin’s supply could cause increased price volatility in the short term. “I expect…
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A Texas Bitcoin investor faces two years in prison for failing to report over $4 million in cryptocurrency gains, setting a legal precedent. An early Bitcoin investor from Austin, Texas, became the first person criminally charged for failing to report crypto capital gains in a case involving about $4 million worth of cryptocurrencies. According to…
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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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Bitcoin has set a new all-time high of $104,000 on Coinbase, setting the cryptocurrency loose into price discovery — so where is it heading next? Bitcoin has surged past the critical $100,000 level, marking a psychological milestone for crypto traders and vindication for hodlers and true believers. The price has been surging skyward ever since Donald…
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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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Roadmap headwinds and FUD stalled Ethereum’s price performance in 2024, but there are signs that it may turn a corner in the new year. With Bitcoin hitting new all-time highs and closing in on the psychologically important $100,000 mark, a major topic of conversation is Ether’s underperformance compared with the rest of the market. According…
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A crypto analyst highlighted significant Bitcoin inflows to crypto exchanges from whales, who are still holding back on making any major moves. Bitcoin whales are standing on the sidelines with their holdings as Bitcoin continues to tease and retrace as it hovers just below $100,000, according to a crypto analyst. “Although there is currently no…
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