Tag: Bitcoin
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GME Tumbles After GameStop Announces Proposed $1,750,000,000 Convertible Bond Offering To Possibly Buy More BTC: Report – The Daily Hodl
GameStop’s stock drops 21% after announcing a $1.75 billion convertible bond offering, potentially to buy more Bitcoin, following its recent $505 million BTC purchase.
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Crypto Analyst Says New Bitcoin All-Time Highs Incoming, Updates Outlook on Ethereum – The Daily Hodl
Crypto analyst Kaleo predicts Bitcoin will surge to $116,000 soon, breaking its four-year cycle. Ethereum may follow a 2020-like uptrend, potentially sparking a new altcoin season.
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Just 216 Bitcoin holders own over 6 million BTC as market concentration grows
A report reveals 216 entities control over 6 million BTC, with institutional ownership growing tenfold in a decade. ETFs and exchanges dominate holdings, signaling Bitcoin’s market maturity.
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Bitcoin Risks Pullback To $105,000 After Facing Rejection Above $110,000
Bitcoin faces resistance above $110,000, with potential pullback to $105,000. Analyst TehThomas predicts a shallow decline before continuation, citing fair value gaps and bullish sentiment.
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Bitwise CIO Matt Hougan Says Worries Over US Dollar and Money Printing To Accelerate One ‘Megatrend’ – The Daily Hodl
Bitwise CIO Matt Hougan predicts a surge in companies holding Bitcoin as a hedge against US dollar weakness due to money printing, calling it a growing megatrend.
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Retail Returns to The Party as Bitcoin Teases New Peak
Bitcoin nears all-time high as retail interest surges, with social media sentiment turning bullish. Analysts note long-term holders are taking profits while continuing to accumulate, creating a unique market dynamic.
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Bitcoin Price Fails at $110K—Is the Rally Running Out of Steam?
Bitcoin price struggles to surpass $110,500 after a rally, facing resistance. A break above could push it to $112,000, while failure may lead to a decline toward $105,000 support.
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Connecticut Bans State and Local Governments From Investing in Crypto Assets – The Daily Hodl
Connecticut has passed House Bill 7082, banning state and local governments from investing in or accepting crypto assets, effective October 2025, with bipartisan support.
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Paul Tudor Jones Warns US in a ‘Debt Trap,’ Says Bitcoin Part of ‘Ideal’ Portfolio Strategy To Fight Incoming Inflation – The Daily Hodl
Paul Tudor Jones warns the US is in a debt trap, advocating Bitcoin, gold, and stocks as an ideal portfolio to combat inflation amid negative real rates.
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Bitcoin Is Wildly Undervalued, Says Bitwise: ‘Fair Price’ Today Is $230,000
Bitwise Asset Management researchers estimate Bitcoin’s fair value at $230,000, citing sovereign default risks and bullish market sentiment, despite current prices near $109,600.