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Tag: News

Bitcoin Faces Barrage Of Profit-Taking, But Price Holds At $105,000

June 5, 2025
On-chain data shows the Bitcoin network has witnessed a spike in profit-taking activity from investors, but so far, the price has managed to hold. Bitcoin Saw Multiple Profit-Taking Spikes Of $500 Million Per Hour Recently According to data from the on-chain analytics firm Glassnode, the Realized Profit indicator has...
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Bitcoin, Ethereum, Dogecoin Slide On Weaker-Than-Expected Job Growth: Analyst Predicts ‘Massive Breakout’ Incoming For Markets—Here’s Why

June 5, 2025
Leading cryptocurrencies slipped Tuesday after weak private-sector job growth dampened investor sentiment. Cryptocurrency Gains +/- Price (Recorded at 9:30 p.m. ET) Bitcoin (CRYPTO: BTC) -0.68% $105,032.58 Ethereum (CRYPTO: ETH)                -0.27% $2,610.06 Dogecoin (CRYPTO: DOGE)           -2.64% $0.1882 What Happened: Bitcoin dipped to an intraday low of $104,232.70 in early trading...
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Bitwise CIO: Rethinking Bitcoin Allocation Could Optimize Portfolio Risk and Return

June 5, 2025
Bitcoin’s volatility is often the reason traditional investors hesitate to integrate it into long-term portfolio strategies. Yet Matt Hougan, Chief Investment Officer at Bitwise Asset Management, argues that Bitcoin’s inclusion doesn’t have to mean embracing higher risk. Instead, Hougan suggests a shift in how the asset is positioned within...
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Bitcoin Needs Its Own Bretton Woods, Says Cardano Founder

June 5, 2025
Cardano founder Charles Hoskinson has issued a full-throated call for a “crypto-native Bretton Woods,” arguing that Bitcoin should anchor an algorithmic stable-value system completely outside the orbit of commercial banks and custodians. Speaking during a panel on BTC-focused decentralized finance, Hoskinson traced the asset’s raison d’être back to the...
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Elon Musk, Who Called Trump’s ‘One Big Beautiful Bill’ A ‘Disgusting Abomination,’ Responds To Coinbase CEO’s Warning That Bitcoin Could Replace Dollar If Congress Isn’t Held Accountable

June 5, 2025
Tesla and SpaceX CEO Elon Musk signaled agreement with Coinbase CEO Brian Armstrong‘s warning Wednesday that government overspending could lead to Bitcoin (CRYPTO: BTC) replacing the dollar as the reserve currency. What happened: Armstrong was responding to a post by World of Statistics that highlighted the alarming rise of...
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Bitcoin On-Chain Demand Slips 2.45% As Retail Investors Stay Cautious – Details

June 5, 2025
Bitcoin continues to trade above the critical $100,000 level, showing resilience despite facing resistance near $110,000. Bulls remain in control of the broader trend, but momentum appears to be slowing as macroeconomic tensions intensify. Ongoing global uncertainties, including tariff disputes and bond market volatility, have introduced a new wave...
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