Category: The Bull & The Bear
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Bitcoin Dips to $106K After Fed Powell Remain Mute on Rate Cuts
Bitcoin dropped below $106K as Fed Chair Powell remained silent on rate cuts, with political tensions and macroeconomic factors contributing to the decline. Analysts remain cautiously optimistic about Q3 momentum.
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Rich Dad Poor Dad Author Buys More Bitcoin, Touts $1,000,000 BTC Price Prediction – The Daily Hodl
Robert Kiyosaki, author of Rich Dad Poor Dad, buys more Bitcoin, predicting it could reach $1 million. He acknowledges risks but believes in BTC’s long-term value despite current high prices.
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Bitcoin’s ‘super-majority’ holds $1.2T in unrealized profits: Glassnode
Glassnode reports Bitcoin investors hold $1.2T in unrealized profits, showing patience as BTC finds strong support near $98,300, with average gains at 125%.
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Michael Saylor’s Strategy adds $531 mln BTC – Why Bitcoin barely moved
Michael Saylor’s Strategy acquired $531M in Bitcoin, totaling 597,325 BTC, but BTC price barely moved due to whale sell-offs and profit-taking by long-term holders.
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Crypto Grows Up: Koreans Shift From Speculation to Strategy – Crypto News Bitcoin News
Korean crypto investors favor Bitcoin initially, then diversify into altcoins and stablecoins as they gain experience, according to a Hana Financial Research Institute study.
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Does Ethereum Have an Advantage over Bitcoin for Corporate Treasuries?
Ethereum is seeing corporate treasury adoption with companies like BitMine and SharpLink stacking ETH for yields, similar to Bitcoin’s MicroStrategy. ETH’s role in stablecoins and DeFi drives demand, though prices remain subdued.
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Why On-Chain Metrics Miss the Full Picture of Institutional Bitcoin Buying – Decrypt
Bitcoin reached record highs in June with strong institutional demand via ETFs, but traditional on-chain metrics miss these flows as institutions use OTC desks and off-chain transactions.
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Bitcoin’s ‘super-majority’ holds $1.2T in unrealized profits: Glassnode
Glassnode reports Bitcoin’s ‘super-majority’ holds $1.2T in unrealized profits, with investors showing strong HODLing behavior despite high profitability, signaling reduced sell pressure.
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Bitcoin Price Prediction: $107K Holds as Mastercard, Deutsche Bank, and UK Firms Drive Demand
Bitcoin’s price prediction highlights $107K support as Mastercard, Deutsche Bank, and UK firms drive demand through crypto-backed cards and custody services, enhancing BTC’s utility.
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Crypto sentiment holds steady as Bitcoin drops to $105K
Bitcoin dropped to $105K but crypto sentiment remains strong, with the Fear & Greed Index at 63. Analysts speculate on a retest of Bitcoin’s $111K all-time high.
