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Historical Data Hints at Bitcoin’s Imminent Bull Run

The Anticipation of Bitcoin’s Next Bull Market The crypto community is buzzing with speculations about Bitcoin’s next bull market. With Bitcoin’s halving event approaching, some analysts believe the next bull market could be just around the corner. This sentiment comes after months of market consolidation, with Bitcoin struggling to surpass the $30K mark. On August …

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Tether’s Bitcoin Controversy: What On-Chain Data Reveals

The Controversy Surrounding Tether’s BTC Ownership In recent developments, Tether, the issuer of the USDT stablecoin, reported in its latest quarterly statement that it possesses approximately $1.6 billion worth of Bitcoin (BTC), positioning it as the 11th largest Bitcoin holder. This claim was further supported by crypto researcher and data analyst Tom Wan, who pinpointed …

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Why Can’t Bitcoin Stay Above $30K? A Deep Dive

Bitcoin’s Brief Surge and Retreat Bitcoin, the leading cryptocurrency, recently experienced a brief surge, reaching a high of approximately $30,200 on Binance. This surge was short-lived as the price couldn’t sustain above the $30K mark. Despite the bulls’ efforts, sellers managed to keep the cryptocurrency below this significant resistance level, both from a technical and …

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Binance Breaks Ground: First Licensed Crypto Exchange in El Salvador!

A Milestone for Binance in El Salvador Binance, the world’s largest cryptocurrency exchange, has achieved a significant feat by becoming the first fully licensed cryptocurrency exchange in El Salvador. The exchange received both the Bitcoin Services Provider license (BSP) and the Digital Assets Services Provider license (DASP) from El Salvador’s domestic regulators. This authorization, as …

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Shiba Inu’s 10% Jump: How BitPay is Revolutionizing Crypto Payments

A New Dawn for Crypto Payments Shiba Inu, a popular meme cryptocurrency, has witnessed a significant 10% surge in its price over the past 24 hours. But what’s behind this sudden upswing? On August 8, BitPay, a renowned crypto payment gateway, announced the launch of its new service, “Bill Pay.” This innovative feature empowers users …

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Why Bitcoin’s $30K Leap Matters: A Comprehensive Overview

A Surprising Turn for Bitcoin After weeks of stagnation and a noticeable lack of activity, Bitcoin’s price has surged, much to the delight of its bullish supporters. Today, the entire crypto market is awash with green, indicating a positive trend. Specifically, Bitcoin’s price has soared, once again testing the crucial $30K mark. Although the cryptocurrency …

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USDC’s Global Rise: What Does This Mean for the Crypto World?

A Global Embrace of Digital Dollars Stablecoin issuer Circle, a US-based entity, has observed that a staggering 70% of its USDC adoption comes from regions outside the US. Circle’s CEO, Jeremy Allaire, has pointed out that the most rapid growth areas are emerging and developing markets. These markets are not within the US, a country …

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Did US Presidential Elections Boost Bitcoin’s Value?

A Historical Glimpse Bitcoin’s price has seen a decline of roughly 3.7% over the past 30 days, starting from the second week of August. However, a recent observation by Grayscale Investments provides a unique perspective for crypto enthusiasts. According to Grayscale, Bitcoin is currently trading at its highest price during an American Presidential election cycle. …

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How Will the $212 Million Crypto Unlock Affect the Market?

The Unlocking Wave Crypto tokens with a combined value exceeding $212 million are on the brink of being unlocked this week. The projects in the spotlight include Dao Maker (DAO), STEPN (GMT), Internet Computer (ICP), BitMEX (BMEX), Aptos (APT), and The Sandbox (SAND). This data has been meticulously compiled by DropsTab. The unlocking of these …

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Unexpected Turn: Hackers Return $52M to Curve Finance!

A Glimmer of Hope Amidst the Chaos The decentralized exchange, Curve Finance, recently faced a significant setback when hackers exploited several of its pools, making away with a staggering sum of over $70 million. However, in a surprising turn of events, the culprits have returned approximately 73% of the stolen crypto assets, which equates to …

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