Su Zhu and Kyle Davies – Co-Founders of the distressed cryptocurrency hedge fund Three Arrows Capital (3AC) – explained that accumulative lending agreements and the collapse of the digital asset market are the reasons for
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On July 21, 2022, at 2:14 p.m. (ET) at block height 745,920, Bitcoin’s mining difficulty dropped by 5.01% outpacing the last two epoch changes. The latest downward shift makes it 5% easier to find blocks
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It appears like the wider cryptocurrency market will close the weekend on a bullish note as the global crypto market is up by 2.15% position at $1.05 trillion. The overall crypto market is flagged in
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Bitcoin has seen harsh criticism from climate activists and environmentalists veteran trader Pierre Brandt took aim at Bitcoin’s energy consumption. In response to a tweet from MicroStrategy CEO Michael Saylor, who tweeted on July 19:
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Tesla ended up being a bad investor, considering its loss caused by unfortunate Bitcoin market performance The cryptocurrency market has already been disrupted by news of Tesla selling off a massive chunk of its holdings
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As Bitcoin spiked through the resistant level of $23,000 after dipping below $19,000 recently, many expected that the breakout signaled a short-term relief rally. Glassnode’s weekly report predicts that the major cryptocurrency is forming a
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One of biggest Bitcoin addresses in world makes enormous move One of the largest exchange-free transactions worth 46,000 BTC, or $1 billion, has appeared on the channel, causing mild controversy among cryptocurrency investors and traders
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On-chain data reveals that bitcoin miners could be close to their capitulation after selling the most substantial chunk of BTC holdings for the past several months. As such, the asset’s price could be headed for
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A popular Bitcoin trading strategy, which has consistently worked since 2020, has seemingly lost its shine Buying at the close and selling at the open may no longer be a viable trading strategy, according to
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In today’s on-chain analysis, Be[in]Crypto looks at the unspent transaction outputs (UTXOs) indicator and its derivatives for the Bitcoin network. The goal is to try to compare this indicator for the current bear market with historical data. We see
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