Category: The Bull & The Bear
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Bitmine trading volume hits $50 billion in Q2 2024, exceeding Tesla and Apple in the US
Bitmine trading volume exceeded Tesla and Apple in the US, reaching $50 billion in Q2 2024, with institutional investors driving activity.
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Bitcoin miners achieve 2.5 beta and 0.3 correlation divergence from BTC in 2024
Bitcoin miners like RIOT and MARA exhibit high betas of 2.5 but low 0.3 correlation with BTC, diverging from historical patterns in 2024.
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Analyst warns XRP transactions grew 15% in Q4 2023, surpassing Ethereum
Analyst warns XRP may outperform Ethereum, citing Ripple’s 2023 Q4 report showing a 15% increase in XRP transactions.
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US Treasury GENIUS policy drives 5% Bitcoin and Ethereum market shift in Q3 2024
US Treasury GENIUS implementation impacts Bitcoin and Ethereum, with a 5% market shift observed in Q3 2024 regulatory adjustments.
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Short-term Bitcoin holders sold 20000 BTC this week amid market volatility and regulatory scrutiny.
Short-term Bitcoin holders sold 20000 BTC this week, causing market volatility and impacting Bitcoin’s price amid regulatory uncertainty and institutional reactions.
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Bitcoin wallet cohorts distribute 1.2 million BTC in 2024 market shift
Bitcoin wallet cohorts, including retail and institutional holders, are distributing 1.2 million BTC, signaling a major market shift in 2024.
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Bitcoin whale acquires $172 million in BTC on 15, defying bull run conclusion speculation
A $172 million Bitcoin whale purchased 2,500 BTC on May 15, 2024, signaling continued confidence amid market uncertainty over the bull run’s status.
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ETHZilla launches Ethereum treasury strategy and begins Nasdaq trading in Q4 2023
ETHZilla rebranded with Ethereum treasury strategy, began Nasdaq trading, holds 15,000 ETH, and partners with BlackRock and MicroStrategy for institutional adoption.
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Bitcoin futures open interest declines 15% as BTC nears $112,000 amid bearish sentiment
Bitcoin futures open interest fell 15% as BTC dropped to $112,000, with Coinbase and Binance seeing increased short positions amid market volatility.
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Bitcoin STHs realize $1.2 billion in losses in 2023, first since January price drop
Bitcoin STHs realized $1.2 billion in losses this week, marking the first negative movement since January amid BTC price volatility and regulatory uncertainty.