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Historic Bitcoin Stashes Mobilize Amid Rising Market Valuations

With bitcoin’s value rising past the $51,000 mark, numerous long-dormant bitcoin hoards have begun to mobilize unspent transaction outputs (UTXOs) that have remained untouched for an extended period. Although instances…

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New Wave of Bitcoin ETFs Acquire 264,232 BTC Worth $13.5B in Just 5 Weeks, Blackrock’s IBIT Leads Charge

In the last 37 days, the newly introduced nine spot bitcoin exchange-traded funds (ETFs) have rapidly accumulated a remarkable total of 264,232.74 bitcoin, now valued at $13.5 billion based on…

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April 2024 Bitcoin Halving Sparks Worldwide Curiosity, Data Reveals

A recent study focusing on the search term “bitcoin” through Google Trends data revealed that curiosity remained subdued even as the price soared above the $50K mark. Yet, anticipation for…

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Coinbase Vaults Beyond 1 Million Bitcoin Mark, Stash Valued Over $52 Billion

On Friday, Feb. 16, 2024, bitcoin’s value hovered between $51,850 to $52,350, with onchain insights from Arkham Intelligence revealing that the Nasdaq-listed crypto exchange giant, Coinbase, now possesses over 1…

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Microstrategy’s Bitcoin Investment Flourishes, Valued at Nearly $10 Billion

Based on the latest available data, the Nasdaq-traded Microstrategy possesses 190,000 bitcoins, acquired at a cost of $5.96 billion. Presently, the value of the company’s bitcoin holdings has swelled to…

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Bitcoin Technical Analysis: BTC Consolidates Gains as Traders Eye $53K Resistance Level

As bitcoin weaves through its dynamic trading patterns, its valuation on Feb. 16, 2024, reveals pronounced bullish indicators. Floating within a 24-hour trading window of $51,364 to $52,884, the digital…

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FinCEN Finds Increased Cryptocurrency Involvement in Human Trafficking

The Financial Crimes Enforcement Network (FinCEN) has released an analysis that reports an alleged increase in the use of cryptocurrency in human trafficking cases. According to FinCEN, reports of cryptocurrency…

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Bitcoin’s Latest Difficulty Retarget Jumps 8.24%: Miners Navigate the Toughest Mining Landscape Yet

Bitcoin’s mining difficulty has hit an unprecedented peak, marking the most significant jump of 2024. On Thursday, at the milestone of block 830,592, the network experienced its fourth adjustment this…

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Bitcoin Mining Company Phoenix Group Reports 50% Net Income Increase and 20% Sales Growth

After its oversubscribed initial public offering (IPO), Phoenix Group, a Dubai-based company specializing in bitcoin mining and blockchain infrastructure, has announced a significant 50% increase in net income. The firm…

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Crypto Fear and Greed Index Touches ‘Extreme Greed’ as Bitcoin Soars, Echoing 2021’s Highs

Bitcoin’s ascent beyond the $51,000 mark has propelled the Crypto Fear and Greed Index (CFGI) into the “greed” territory, registering a notable 74 out of 100. Just a day earlier,…

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