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Spot Markets Drive Bitcoin to $106K as Coinbase Sees $45M Daily Buying Pressure: Glassnode

Bitcoin’s surge to $106,000 earlier this week has been primarily driven by robust spot market demand, with Coinbase seeing net buying pressure of $45 million per day, according to Glassnode’s…

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Bitcoin Price Analysis: Is BTC’s Consolidation Phase Nearing Its End?

Bitcoin has continued consolidating below the critical $108K resistance range, signaling a state of equilibrium between buyers and sellers. Nevertheless, the price is likely to initiate a fresh rally once…

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Big Bitcoin Bet as BTC Whale Doubles Down With $393 Million Long Position

On-chain data reveals that an unknown large market participant has opened a few mindblowing long positions for bitcoin with an average price of just over $103,000. Broadcasting live data from…

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Metaplanet Hits All-Time High $6M Q1 Revenue as BTC Holdings Surge 3.9x

The Japanese hospitality firm Metaplanet has disclosed record-breaking earnings for the first quarter of the year, primarily attributing the success to its Bitcoin treasury strategy. According to the firm’s Q1…

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Are Bitcoin Mining Stocks Mispriced? Here’s What On-Chain Data Is Telling Investors

The on-chain intelligence platform CryptoQuant has unveiled a framework for monitoring the revenues of leading public Bitcoin mining companies. This methodology tells whether the companies are undervalued or overvalued in…

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State of Wisconsin Investment Board No Longer Holds $321M in BlackRock’s Bitcoin ETF Shares

The State of Wisconsin Investment Board (SWIB), an independent agency handling assets for Wisconsin’s retirement and state investment funds, has divested its shares of BlackRock’s spot Bitcoin exchange-traded fund (ETF).…

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