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Showing posts with the label bitcoin miner

Bitcoin at $115K as CPI Data Drops and FOMC Looms

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Check out this link to earn with bitcoin and other cryptocurrencies. Receive daily altcoin signals using top crypto trading strategies: https://telegram.me/btctradingclub Here’s the latest in the cryptocurrency space as the next FOMC meeting approaches. The business week was marked by important macroeconomic events, including the much-anticipated CPI data for August, which could set the tone for the Fed’s next big move. But first, let’s rewind the clocks to last weekend when the primary cryptocurrency was struggling a lot. At the time, the asset, perhaps living up to the bearish September projections, failed to maintain above $112,000 and tested the $110,000 support on a couple of occasions on Saturday and Sunday. The bulls ultimately managed to defend that level and went on the offensive as the week progressed. At first, BTC climbed to $111,500 on Monday and beyond $113,000 on Tuesday, but it faced immediate rejections, the second of which pushed it south below $111,000 once again. 30...

Strategy & Metaplanet Reveal New Bitcoin Buys

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Check out the provided link to make sure you earn a steady profit in Binance futures trading:  https://telegram.me/binancefuturesignal In the meantime, BTC’s price flirts with $112,000. Michael Saylor’s business intelligence software giant has completed another impressive bitcoin purchase, growing its stash to 638,460 BTC. The Japan-based Metaplanet, also referred to as the Asian Strategy, led the way with a new BTC acquisition announcement from earlier today. The newly acquired 1,955 BTC, bought for $217 million at an average price of $111,196 per unit, put Strategy’s total holdings at the aforementioned record-setting level of 638,460 BTC. The company has spent $47 billion to acquire this digital fortune, at an average price of $73,880 per bitcoin. Given the cryptocurrency’s price increase today to $112,000, this puts Strategy in a very comfortable position, as its paper gains stand at over $24 billion. Metaplanet’s purchase was more modest this week, accumulating 136 BTC for $15...

MicroStrategy Scoops Up $342M in Bitcoin Again

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Explore the provided link to ensure a steady profit in Binance futures trading: https://telegram.me/binancefuturesignal Metaplanet also announced a BTC purchase earlier today. After a few more modest acquisitions, the Michael Saylor-co-founded company is back with bigger purchases, this time spending over $340 million to expand its bitcoin holdings by 3,081 BTC. Consequently, Strategy’s total stash has grown to 632,457 BTC, acquired for $46.5 billion at an average price of $73,527 per bitcoin. This puts its unrealized profits at almost $23 billion even after BTC’s crash since yesterday, as its price tumbled from over $115,000 to under $111,000. Monday saw one more BTC purchase made by the so-called Japanese Strategy – Metaplanet. The company’s CEO announced a $11.7 million acquisition, which secured it 103 BTC at a slightly lower price of $113,491. The overall crypto strategies continue to expand beyond bitcoin. Ethereum, the world’s second-largest digital asset, has enjoyed a steady w...

Strategy Boosts Bitcoin Stash With $51M Purchase

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Discover cryptocurrency trading strategies on our platform. Use our premium Binance Futures Bot and Futures Leverage Bot for trading. Get help with your crypto trades at https://telegram.me/freebitmexsignals. Strategy bought $51.4 million in Bitcoin last week as BTC surged to all-time highs above $124,000 on Wednesday, only to dip to $115,000 on Sunday. Michael Saylor’s Strategy, the world’s largest public Bitcoin holder, added more BTC to its balance as the price swung to new all-time highs before retreating last week. Strategy acquired 430 Bitcoin for $51.4 million during the week ending Sunday, according to a US Securities and Exchange Commission filing on Monday. The new Bitcoin batch cost the company an average price of $119,666 per coin, reflecting the massive volatility last week, with BTC trading at about $120,000 on Monday and slipping to as low as $115,000 on Sunday. The acquisition moved Strategy’s Bitcoin holdings to 629,376 BTC, purchased for about $46.15 billion at an ave...

Crypto Rally: Ethereum Soars, Bitcoin Nears ATH

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Explore the provided link to achieve a steady profit in Binance futures trading. Receive complimentary Bitcoin trading signals and utilize the Cornix trading Bot for optimal automated trades:  https://telegram.me/btctradingclub The total crypto market cap reached a new record of roughly $4.14 trillion. Bitcoin (BTC) experienced a substantial price increase over the past 24 hours and is not far from reaching a new all-time high. Some of the well-known altcoins are also well in the green. Ethereum (ETH) surged to a level last seen in 2021, with its market capitalization surpassing $520 billion. BTC on the Run Again Bitcoin (BTC) witnessed a gradual price pump last week, followed by a substantial green candle over the last 24 hours. It briefly spiked above $122,200 (or less than 1% from its all-time high), whereas it currently trades at around $121,600. 400%+ Huge profit on #DOLO/USDT Our Team accounts for the Best in the Trade market, with thorough understanding of the Market behavio...

ETH Open Interest Hits Record High

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Explore the provided link to ensure a consistent profit in Binance futures trading:  https://telegram.me/binancefuturesignal. Compared to 2021, Ethereum’s current OI shows a significant rise in market speculation and leveraged positions. Ethereum’s Open Interest (OI) on Binance has surged to a record $8.7 billion, which indicates a significant increase in speculative positioning on the platform. This represents a dramatic rise compared to the 2021 bull market, when ETH traded at similar price levels but OI on Binance peaked at only $2.5 billion. Ethereum’s Market Is Heating Up In its latest analysis, CryptoQuant revealed that the current figure, nearly 3.5 times higher, highlighted the growing appetite for leveraged exposure in Ethereum’s market. Despite this surge in OI, funding rates, interestingly, remain neutral, indicating that traders are not yet heavily biased toward long or short positions. The lack of directional conviction hints at room for further buildup in positions wi...

Profit-Taking Halts BTC ETF Inflow Run

Visit this link to consistently profit in Binance futures trading, receive free bitcoin trading signals, and access the Cornix trading Bot for optimal automated trades:  https://telegram.me/cryptosignalalert. Spot Bitcoin ETFs saw $131.35 million in outflows on Monday, ending a 12-day streak that pulled in $6.6 billion. Spot Bitcoin exchange-traded funds (ETFs) registered a net outflow of $131.35 million on Monday, marking the end of a 12-day streak that attracted $6.6 billion of inflows. The largest outflow was from ARK Invest’s ARKB, which shed $77.46 million in a single day. Grayscale’s GBTC followed with $36.75 million in outflows, while Fidelity’s FBTC lost $12.75 million, according to data from SoSoValue. Bitwise’s BITB and VanEck’s HODL also posted moderate outflows of $1.91 million and $2.48 million, respectively. BlackRock’s IBIT, the largest fund by net assets ($86.16 billion), saw no inflows or outflows. Meanwhile, cumulative net inflows remain robust at $54.62 billion a...

Bitcoin Correction May Spark Fresh Rally

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Visit this link and make consistent profit in Binance futures trading, receive free bitcoin trading signals and Cornix trading Bot for the best automated trades – https://telegram.me/progrouptraders A correction to $110K could provide Bitcoin’s rally with needed consolidation, QCP said in its latest update. Bitcoin’s rally took a brief pause after breaching the $120,000 mark. What followed were profit-taking flows that capped the momentum built over the past week. The asset eventually found a local bottom at $116,000, where bids re-emerged to support the price. However, QCP Capital believes that another pullback toward $110,000 may provide a more stable foundation for the current rally to consolidate. Bitcoin Needs a Breather In its market update, QCP Capital noted that the latest market correction coincides with a “seasonal slowdown” in trading activity as the summer holidays approach, while US equities drift sideways, which points to exhaustion after a solid run since early July. ...

Bitcoin Price Shock Coming? $133K Target Ahead

Visit us for crypto trading strategy, world class Binance Futures Bot, Futures Leverage Bot, Binance Futures and assistance on crypto trading – https://telegram.me/freebitmexsignals 10x Research’s Bitcoin trend model says there’s a 60% chance for Bitcoin to move higher over the next two months, with history pointing to a 20% gain. Crypto investors may be underexposed to Bitcoin, especially as option traders grow more bullish on the asset, according to 10x Research head Markus Thielen.  “We remain constructive, especially as many traders appear underpositioned following last month’s option expiry, which led to significant exposure roll-off,” Thielen told Cointelegraph on Wednesday, explaining there’s a chance Bitcoin could reach $133,000 in September.  “Traders are now predominantly buying calls, signaling they may be underexposed to further upside,” Thielen said in a market report on the same day. Bitcoin bullish trend model turns bullish Bitcoin clocked a new all-time high on...