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Amazon rumored to be accepting Bitcoin, MicoStrategy pledges to buy more BTC despite losses, Bitcoin struggles at $40K: Hodler’s Digest, July 25-31

Coming every Saturday, Hodlers Digest will help you track every single important news story that happened this week. The best (and worst) quotes, adoption and regulation highlights, leading coins, predictions and much more a week on Cointelegraph in one link. Top Stories This Week   Amazon plans to accept Bitcoin payments this year, claims insider […]

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Suze Orman Bullish on Bitcoin (BTC) Despite Regulatory Uncertainties

Suze Orman has revealed that she has bought $5,000 worth of bitcoin (BTC) via PayPal. The 70-year-old highly reputed financial advisor says she’s a fan of the flagship cryptocurrency despite the current fear uncertainty and doubt surrounding it, according to reports on June 24, 2021. Suze Orman Declares Love for Bitcoin  While proponents of bitcoin […]

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Despite The Dip, The Bitcoin Market Is Bullish As Ever

There are several reasons why this bull market is set to continue, as reviewed in This Week In Bitcoin. This Week In Bitcoin is a new segment covering the events of the week that occurred in the Bitcoin industry, covering all the important news and analysis. Summary This was the week of El Salvador. Since […]

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Despite Criticism, Bitcoin Is A Superior Investment To Gold

What’s been a hedge against inflation for thousands of years has had its throne usurped by bitcoin, and for good reason. Alexander Vasiliev is the co-founder and CCO of the global payment network Mercuryo. Ever since bitcoin began to grow in popularity, many people have come to call it “digital gold.” And for valid reasons. While […]

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Mike Novogratz Bets Big on NFT, Says Iconic Things Will Hold Value Despite the Market Hype

Mike Novogratz, the CEO of the crypto asset management firm Galaxy Digital is bullish on NFT markets and believe despite the hype around the market, iconic thing such as the American National Anthem would eventually be converted into an NFT. Novogratz’s comments came during his recent appearance on CNBC’s Squawk Box. “We are not even […]

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Despite Crashing Under $50,000, Bitcoin (BTC) On-chain Fundamentals Showing Strength Once Again

On Thursday, the Bitcoin (BTC) price went crashing under $50,000 levels after Tesla announced that it’s dropping Bitcoin (BTC) payments against its car purchases. Bitcoin has lost its trillion-dollar status and continues to remain under pressure. However, there have been some positive shifts taking place in Bitcoin’s on-chain metrics despite this price crash. The Bitcoin […]

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Despite Deep Plunge, Bitcoin Exchange Reserves Keep Dwindling

After a record weekend liquidation, Bitcoin price bounced back above $57,000 – gaining back approximately $3,000. At 14:21 GMT on Monday, the price of the coin was trading at $56,367, at a gain of 2.32% in the last 24 hours. The Sunday fall saw about $9.79 billion bleed out of long positions getting “rekt,” making […]

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U.S. Bitcoin Exchanges see no Increase in activity despite Stimulus Checks

Crypto exchanges have not witnessed increased trading activity following the recent $1.9 trillion stimulus funding from the U.S government. This development has caught the attention of the crypto community with prior stimulus funding resulting in a surge of crypto purchases on exchanges.  Reactions to the Low Turnout for Bitcoin Purchases  The low turnout for Bitcoin […]

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Moroccans Increasingly Buying Bitcoin Despite Government’s Crypto Ban 

While the Moroccan government has since placed a blanket ban on bitcoin (BTC) and other cryptocurrencies, residents are increasingly buying and trading these digital assets via peer-to-peer channels. Crypto adoption is also on the rise in other African countries including Nigeria, according to a report onMarch 22, 2021. Moroccans in Love with Cryptos’ Privacy Features  […]

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Long-term investors continue to hodl despite $1T Bitcoin market cap

Only 36% of Bitcoin’s supply has moved in the last 6 months, down from 50% during last bull season Bitcoin’s liquid supply continues to shrink, with only 36% of circulating BTC being moved on-chain in the past six months. According to data shared by on-chain crypto data aggregator Glassnode on March 21, the peak of […]

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Despite The Bitcoin Price Dip, This Week Was Incredibly Bullish

I know that this advice is easier said than done, but don’t get distracted by the price of bitcoin.  We closed last Friday at $56,000 and saw the price reach and all-time high over the weekend, yet the market decided to pull back. This is a feature, not a bug. Remember that bitcoin is a […]

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Bitcoin to Hit $60-64K Soon, Asserts Analyst Despite Price Dip

An ongoing bull run in the Bitcoin market might extend until the price hits $60,000-64,000 area, asserts an independent analyst. The pseudonymous entity tweeted Wednesday that BTC/USD needs to hold support above $42,000 to validate its prolonged bullish setup. On the other hand, slipping below the said price floor would signal bearish deviation. “As long […]

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Ethereum killers and layer-2 tokens rally despite 5% Bitcoin price drop

Altcoins offering layer-2 solutions pushed higher while profit-taking resulted in Bitcoin price pulling back to the $45,000 level. On Feb. 10, Bitcoin (BTC) price pulled back 5% from its newly established $48,220 high and a number of altcoins also underwent slight corrections.  Data from Cointelegraph Markets and TradingView shows Bitcoin has declined 4.96% since yesterday’s […]

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Despite Growth on Other Blockchains, DeFi Is Still Ethereum’s Forte

Continue reading at Coinspeaker

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Bitcoin Finds Support Despite Aggressive Spot Selling; Bull Case Grows

Bitcoin has faced some massive selling pressure throughout the past few days and weeks, with buyers losing their edge over the market as sellers target further downside This weakness caused the crypto to dip all the way down towards $30,000 this morning before it was able to find some serious support There’s a strong possibility […]

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Data Shows Institutions are Buying Bitcoin Above $30,000 Despite Turbulence

Bitcoin’s price action has been quite mixed as of late, with buyers and sellers both vying for control over the cryptocurrency’s trend Over a mid-term time frame, bulls are clearly in control and are showing no signs of letting up to bears anytime soon Where the market trends in the mid-term will likely depend on […]

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Ethereum Defends Pivotal Technical Level Despite Yesterday’s Drop

Ethereum and Bitcoin underwent a strong drop the other day after days of consolidation. Ethereum slipped from the $590 region to lows around $550, marking a strong decline for the cryptocurrency that had benefited so much from the ETH2 launch. Ethereum was falling alongside BTC. The market was seemingly dropping as a result of the […]

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Despite 12% Crash, Bitcoin Looks Set to Make Highest Monthly Close Ever

A record monthly close could be a harbinger of more profound price gains to come, according to analysts.

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Bloomberg lists 5 bullish trends for Bitcoin price despite ‘Thanksgiving crash’

Bloomberg praises market depth and liquidity, agreeing that conditions are much better now than during Bitcoin’s 2017 bull run. Bitcoin (BTC) continues to convert some of its harshest traditional critics from mainstream finance as Bloomberg admits that this bull run is nothing like 2017.  In an article on Nov. 27, the publication known for its […]

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Nearly $360M in Bitcoin Moved to Ethereum in October Despite DeFi Cool Off

October’s growth is less than half of September’s 68,000 newly tokenized bitcoins.

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DeFi Coins AAVE, RUNE, SNX Hold Up Despite Bitcoin Correction

Decentralized finance (DeFi) coins have undergone an extremely strong recovery from last week’s lows. As of last night, at the highs of the recovery rally, there were a large number of top coins in the space that was up 100% from their lows. While some of these gains have since been reverted, DeFi is holding […]

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Top DeFi Coins Crater 5-10% Despite $400 Bitcoin Price Jump

Bitcoin has soared higher over the past few days. After bottoming at $11,200 late last week after the OKEx news, the cryptocurrency has mounted a comeback. As of this article’s writing, the coin trades for $11,750, around $400 higher than it was trading just 36 hours ago. The coin briefly surpassed $11,800 earlier today but […]

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Bitcoin Miner Outflows a Grave Sign for BTC Despite $11,000 Breakout

Bitcoin has seen some intense strength throughout the past several days, with the cryptocurrency marching from lows of $9,900 to highs of over $11,000 that were set today. This strength is somewhat unique in that BTC is the only major cryptocurrency currently marching higher, as most others are stuck within consolidation phases or downtrends. Ethereum, […]

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