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How Mt.Gox’s looming $9 billion payout could impact Bitcoin

Invezz 24 Apr 2024
Mt.Gox is likely to distribute the 142,000 Bitcoin that it owes to creditors, in the coming weeks. The development is making headlines as an analyst highlights the possibility of Bitcoin price rally grinding to a halt as the defunct exchange offloads BTC. Bitcoin could face headwinds in the coming weeks. Creditors have seen their Bitcoin and ...

Samson Mow On Bitcoin Halving: Brace For Supply Shock, Omega Candle In Sight

NewsBTC 24 Apr 2024
Samson Mow, the chief executive at Jan3, recently spoke to Forbes about the latest Bitcoin halving and its potential to catalyze what he refers to as the “Omega candles” – significant price movements that could elevate Bitcoin to the $1 million mark. According to Mow, halvings ensure a controlled distribution of Bitcoin, maintaining scarcity and value ... Bitcoin Bright Future And Market Performance.

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# Name Price Volume (24h) % Change (24h)
1 Bitcoin (BTC) $ 9379.51121871 29291234397.1 -2.12 %
2 Litecoin (LTC) $ 68.6382381813 5720089694.18 -1.62 %
3 Ethereum (ETH) $ 181.975638826 11767008363.1 -0.48 %
4 Veritaseum (VERI) $ 18.45 0 0.00 %
5 EOS (EOS) $ 4.206085936 3774755482.59 -0.25 %
6 Centra (CTR) $ 0.01471 0 0.00 %
7 DigiByte (DGB) $ 0.0062005626 942236.540577 0.00 %
8 AdEx (ADX) $ 0.05420 88877.21 -1.21 %
9 Humaniq (HMQ) $ 0.004962 14208.2208233 0.00 %
10 Private Instant Verified Transaction (PIVX) $ 0.2293 734764.276735 -3.14 %
11 XRP (XRP) $ 0.2412959304 1903216173.21 0.88 %
12 Bitshares (BTS) $ 0.0211442821 3198719.09431 -1.80 %
13 BitSwift (SWIFT) $ 0.4051 0 0.00 %
14 OmiseGo (OMG) $ 0.9035012009 73564679.2141 2.52 %
15 Sphere Coin (SPHR) $ 0.06553 0 0.00 %
16 Ethereum Classic (ETC) $ 11.5038562535 2965506879.02 -0.61 %
17 NEM (XEM) $ 0.0454819175 29553422.0555 0.00 %
18 Rivetz (RVT) $ 0.007995 9993 -20.90 %
19 MaidSafe Coin (MAID) $ 0.1110 1367484.96476 -0.32 %
20 FunFair (FUN) $ 0.003110 659876.996354 -2.81 %
21 Paragon (PRG) $ 0.01592 362.34112 -12.81 %
22 Stratis (STRAT) $ 0.3037 985978.792886 -0.12 %
23 NavCoin (NAV) $ 0.1015 659640.563461 -1.83 %
24 Rise (RISE) $ 0.002627 44551.98061 3.45 %
25 Verge (XVG) $ 0.0037872163 759364.83599 5.08 %
26 Reddcoin (RDD) $ 0.0007190 40259681.7228 25.00 %
27 TenX (PAY) $ 0.05483 456707.500823 -0.13 %
28 Waves (WAVES) $ 0.8912100364 82970286.3014 1.84 %
29 Lisk (LSK) $ 1.0365054837 6082448.73385 6.17 %
30 KickCoin (KICK) $ 0.0000969519 57571.4577545 5.26 %
31 Monero (XMR) $ 72.1346716882 107010674.883 0.86 %
32 Komodo (KMD) $ 0.6368109417 2702396.03471 3.95 %
33 BitcoinDark (BTCD) $ 22.00 0 0.00 %
34 Dash (DASH) $ 129.41 44110.8016989 2.43 %
35 Gnosis (GNO) $ 15.82 542.73541475 -0.64 %
36 Populous (PPT) $ 0.5442 589469.581183 5.01 %
37 NEO (NEO) $ 11.5080200258 470747259.833 7.02 %
38 BitConnect Coin (BCCOIN) $ 1.00 0 0.00 %
39 Tether (USDT) $ 1.0003916102 40283398497.6 0.00 %

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How Mt.Gox’s looming $9 billion payout could impact Bitcoin

Invezz 24 Apr 2024
Mt.Gox is likely to distribute the 142,000 Bitcoin that it owes to creditors, in the coming weeks ... Bitcoin could face headwinds in the coming weeks. Creditors have seen their Bitcoin and Bitcoin Cash claims being updated in the Mt.Gox filing system.
Edit

Samson Mow On Bitcoin Halving: Brace For Supply Shock, Omega Candle In Sight

NewsBTC 24 Apr 2024
According to Mow, halvings ensure a controlled distribution of Bitcoin, maintaining scarcity and value ... If not for these halvings, the total supply of Bitcoin would have already been mined ... Bitcoin Bright Future And Market Performance.
Edit

Bitcoin: A Release Valve for Frustrated Economies?

Cryptopolitan 24 Apr 2024
Over the last ten years, more and more people have been using Bitcoin, especially in places where the economy or politics are not stable. Bitcoin is a type of money that no one person or government controls and only a set amount can exist.
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Jack Dorsey’s Block completes Bitcoin mining chip, announces development of full system

Cryptoslate 24 Apr 2024
Jack Dorsey’s firm Block has unveiled a significant advancement in Bitcoin (BTC) mining technology with the completion of its three-nanometer (3nm) mining chip.
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SEC Opens Comment Period for Revised BlackRock Ethereum ETF

CoinGape 24 Apr 2024
This type of model called the cash redemption model, is consistent with the approach used for spot Bitcoin ETFs that were approved by the SEC in January ... El Salvador Bitcoin Wallet Hit by Cybercriminals, Source Code Leaked .
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Cathie Wood’s Ark Invest Buys $18 Mln Tesla (TSLA) Shares Amid Bad Earnings

CoinGape 24 Apr 2024
Cathie Wood’s Ark Invest jumped the bandwagon of buying the dip ... The purchase was spread among three ARK funds—ARKK, ARKQ, and ARKW. Ark Invest Buys Tesla Shares (TSLA) ... Read Also ... Will Bitcoin Halving Reignite Institutional Investors’ Inflows? .
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Stacks Nakamoto Upgrade Begins as Latest Halving Marks New Era of Building on Bitcoin

Finance Magnates 23 Apr 2024
Stacks, the leading Bitcoin layer 2, saw its highly anticipated Nakamoto upgrade roll out begin today ... In Bitcoin's "season 2," we witness the separation of BTC, the asset from Bitcoin, the infrastructure.
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Optimism Returns to the Bitcoin ETFs Market After Halving

Crypto Economy 23 Apr 2024
The Bitcoin ETFs market has seen renewed confidence post-Bitcoin halving, with increased net inflows into Bitcoin-related ETFs, indicating a positive outlook among investors ... A Record-Breaking Bitcoin ETFs.
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Bitcoin’s ‘DeFi Summer’ surge mimics Ethereum’s 2020 boom

CryptoNewsZ 23 Apr 2024
In a seismic development within the cryptocurrency sphere, Bitcoin is currently basking in what analysts describe as a “DeFi summer” moment, akin to the surge witnessed by Ethereum in 2020 ... Bitcoin News ... Bitcoin News.
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Michael Sullivan predicts Bitcoin to reach $245,000 in 5 years

CryptoNewsZ 23 Apr 2024
In a recent post on X, leading financial expert Michael R Sullivan predicted that Bitcoin’s price would soar to a whopping $245,000 in the next five years ... For instance, Bitcoin recorded a CAGR of 73.7% over the previous four years ... Bitcoin News.
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Ali Charts shares his opinion on Bitcoin Halving

CryptoNewsZ 23 Apr 2024
Bitcoin is rallying above the mark of $66,000 as the article is being drafted ... Some of it is linked to the Spot Bitcoin ETF, whose applications were approved by the US Securities & Exchange Commission in January ... Bitcoin News ... Bitcoin News.
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Bitcoin’s Post-Halving Resilience: On-Chain Data Reveals Surprising Trends Amid Economic Uncertainty

Crypto Economy 23 Apr 2024
Despite economic uncertainty, Bitcoin exchange outflows have increased, indicating investors are moving assets to cold storage in anticipation of price rises, suggesting a strong belief in Bitcoin’s long-term value.
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Bitcoin Decentralization and Where to Find It

Bitcoin Magazine 23 Apr 2024
One of Bitcoin's undeniable and frequently touted strengths is its decentralization. It's often claimed that the Bitcoin network offers levels of decentralization, accessibility, and distribution unmatched by any other cryptocurrency.
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Bitwise CIO Shares 3 Key Takeaways from IMF Bitcoin Payments Report

Coinspeaker 23 Apr 2024
Bitwise CIO Shares 3 Key Takeaways from IMF Bitcoin Payments Report ... Bitcoin as a Tool for Economic Freedom ... “Our perspective, therefore, does not reflect everyone’s reality.” US and IMF Stifling Stance on Bitcoin.
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Blackrock Bitcoin ETF Enters Top 10 for Longest Inflows

Bitcoin Magazine 23 Apr 2024
BlackRock's�Bitcoin ETF, IBIT, is now one of the top 10 ETFs of all-time, at least when it comes to maintaining its streak of daily investment inflows ... BlackRock's CEO, Larry Fink, has notably changed his stance on Bitcoin recently.
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