Within the last 24 hours, the market witnessed a significant rally in the Bitcoin price, which soared by 10% from a daily low of $60,805 to a peak of $68,250. This remarkable price movement can be attributed to several key factors, including yesterday’s Federal Open Market Committee (FOMC) meeting, a …
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TL;DR Bitcoin (BTC) hit a new high of over $73,500, then fell below $61,000, but has partially recovered to around $66,500, possibly influenced by the Fed’s interest rate decision and the upcoming halving event. Ripple’s XRP received exchange support amid an SEC lawsuit, highlighting its regulatory challenges and market resilience. …
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Retail investors have been the primary driving force in the recent rise of Bitcoin and cryptocurrency prices in general. However, institutional investors are now beginning to enter the market, according to Mathew McDermott, the head of digital assets at Goldman Sachs. Bitcoin Rally Cools Down Speaking at the Digital Asset …
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Pitch Day at The Bitcoin Conference is back! Bitcoin Magazine and The Bitcoin Conference are looking for the next wave of Bitcoin startups to compete in the ultimate Bitcoin pitch competition. Taking place in Nashville July 25-27 at Bitcoin 2024, the world’s largest Bitcoin conference, founders will present their vision …
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Greenpeace USA has unveiled a new shady report alleging close ties between the Bitcoin mining industry and various “climate denialists.” Released on March 19, 2024, the report alleges deep-seated connections between the BTC mining industry and various entities traditionally viewed as opposing progressive climate change policies. These include conservative think …
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Bitcoin’s (BTC) path to new all-time highs is a hotly contested topic amid the recent market pullback. However, prominent analyst Willy Woo is doubling down on his bullish Bitcoin forecast. At the same time, the eco-friendly Green Bitcoin (GBTC) project is generating significant buzz during its ongoing presale, having already …
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The cornerstone of the modern approach to money laundering is to prevent illicit funds from entering the financial system. The rationale is understandable: if criminals won’t be able to use their money, they will have to eventually stop whatever they are doing and go get a 9 to 5 job. …
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The below is an excerpt from a recent edition of Bitcoin Magazine Pro, Bitcoin Magazine’s premium markets newsletter. To be among the first to receive these insights and other on-chain bitcoin market analysis straight to your inbox, subscribe now. As we get closer and closer to the impending Bitcoin halving, …
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This week could mark a pivotal moment in the first quarter of 2024 for the entire crypto market and the two largest cryptocurrencies, Bitcoin (BTC) and Ethereum (ETH), as major central banks, led by the Bank of Japan and the US Federal Reserve (Fed), prepare to announce their interest rate …
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Bitcoin’s recent downturn has prompted renowned crypto analyst Willy Woo to offer a fresh perspective on the cryptocurrency’s future trajectory. Woo’s analysis, based on the surge in Bitcoin’s Macro Index, suggests an optimistic outlook for the leading digital currency, potentially indicating a pivotal shift in market dynamics. Unveiling Bitcoin Double …
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On Tuesday, MicroStrategy announced the acquisition of an additional 9,245 BTC for approximately $623.0 million, using proceeds from convertible notes and excess cash. This purchase brings the company’s total holdings to 214,246 BTC. This figure represents more than 1.0% of the total 21 million Bitcoin that will ever exist, marking …
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For the past decade, the abbreviations AML and KYC have become an inextricable part of our lives. To help law enforcement track illegal funds, an increasingly constraining set of anti-money-laundering measures is being implemented across the globe. For the past two decades, it has involved extensive know-your-customer obligations for financial …
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