The positive Bitcoin Coinbase premium that fueled the latest rally above $70,000 has dissipated, suggesting buying has already slowed. CryptoQuant Netherlands community manager Maartunn explained in an X post that the Bitcoin Coinbase premium gap has decreased again towards the neutral line: “The US Trading Session starts very soon. The Coinbase Premium has returned to […]
Continue ReadingIn the high-stakes ocean of cryptocurrencies, two tokens are riding waves of investor enthusiasm. Bitcoin is soaring, charting a course into uncharted financial territory, while Shiba Inu’s SHIB token is barking up the right tree with a pre-sale that is nothing short of a treasure trove. hunt. As Bitcoin value firmly anchors at $70,640.14, reflecting […]
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On March 26, 2024, the CNPD ordered Worldcoin to suspend data collection activities for a period of 90 days, citing concerns about user privacy and possible violations of regulations. The move comes amid scrutiny over Worldcoin’s iris scanning technology and its proposed cryptocurrency-powered global digital identity system. Worldcoin, the “personality proof” project that awards crypto […]
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Bitcoin demand soars, with monthly figures jumping from 40,000 to 213,000 BTC, driven by increased accumulation. US ETFs excluding GBTC have contributed to this surge in demand, with their BTC balances growing significantly. Bitcoin liquidity has reached all-time lows, and the current sell-side liquidity is estimated to be bullish for BTC prices. Bitcoin is facing […]
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Goldman Sachs sees significant uptick in hedge fund client interest in cryptocurrencies ahead of Bitcoin halving event. The bank is expanding its clientele to include asset managers and digital asset companies, with Bitcoin derivatives as a primary focus. The data suggests that Bitcoin’s value could skyrocket after the halving, supported by the stock-to-flow model that […]
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