UFC Champ Demands Bonus in Bitcoin

Bitcoin’s Rise in Sports Brazilian UFC fighter Renato Moicano made headlines by demanding his $300,000 bonus in Bitcoin. This move reflects the growing popularity of cryptocurrency in the sports industry. Moicano’s Request After his victory at UFC 300, Moicano expressed his support for Bitcoin and requested that his bonus be paid in the cryptocurrency. His…

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Bitcoin: A Buying Opportunity Before the Halving?

Bitcoin has caught the attention of investors again. Some analysts believe it could see a significant price drop before the next halving event. Historical Patterns Analyst Rekt Capital has studied past Bitcoin cycles. In 2016 and 2020, Bitcoin experienced retracements of around 30% and 20%, respectively. This suggests that a more substantial downturn of around…

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Bitcoin Tumbles Amid Iran-Israel Tensions

Price Drop Bitcoin’s value plummeted on Saturday after news of Iran launching missile attacks on Israel. The price dropped by 8.07%, from $67,132 to $61,710. This is the second consecutive day of losses for Bitcoin, which fell 5% on Friday. Underlying Causes The drone attacks on Israel have raised concerns about a potential full-scale war…

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Bitcoin Halving: What to Expect

Price Surge May Not Be Immediate Hannah Phung, an analyst at SpotOnChain, believes that Bitcoin’s price may not rise immediately after the Halving. Historically, significant price gains have occurred 6-12 months after the event. Supply and Demand The Halving reduces the supply of Bitcoin, which can drive up its price, especially when demand is stable….

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Bitcoin: A New Investment Haven for the Ultra-Wealthy

Wealthy Individuals Flock to Bitcoin Barbara Goldstein, Managing Partner at R360, an exclusive networking club for the super-rich, reveals that Bitcoin is gaining popularity among the ultra-wealthy. Members of the club have expressed optimism about its potential as a lucrative investment. Factors Driving Bitcoin’s Appeal Goldstein cites several reasons for Bitcoin’s growing appeal: Upcoming Bitcoin…

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Bitcoin Halving: 3 Phases to Watch

Bitcoin is hovering around $70,000, and crypto enthusiasts are feeling optimistic about its growth before the upcoming halving event. Analyst’s Market Insights Rekt Capital, a cryptocurrency analyst, has outlined three distinct stages of the halving event for investors: Pre-Halving Retrace Bitcoin experienced an 18% pullback, which is lower than previous halvings. This was the last…

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