Will 600,000 Bitcoin Be the Magic Number?

MicroStrategy, now rebranded as Strategy, is inching closer to owning 600,000 Bitcoin. Their current stash? A whopping 597,325 BTC, worth almost $65 billion! Strategy’s Bitcoin Buying Spree Last week alone, they added another 4,980 BTC to their holdings, marking their 12th consecutive week of buying. This makes many wonder: will they keep the streak going…

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Bitcoin’s Price: Big Players Are Buying

Bitcoin is stuck just below its all-time high of $112,000. While some think a price drop is coming, others see signs of strength. Institutional Investors Are Stepping Up A key clue is the difference in Bitcoin’s price between Coinbase Pro (mostly used by big investors) and Binance (a more general exchange). This difference, or “premium,”…

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XRP Could Hit $30: Analyst Predicts Huge Gains

A crypto analyst is predicting a massive price surge for XRP, the fourth-largest cryptocurrency. They believe the current market sentiment significantly underestimates XRP’s potential. XRP’s Strong Foundation The analyst, known as “Credible,” points to XRP’s price action as a key indicator. They highlight an eight-month consolidation period above its previous all-time high, suggesting a strong…

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GUN Token Goes to Solana!

GUNZ, the blockchain behind the AAA game Off The Grid, is expanding its GUN token to the Solana blockchain. This move makes the token easier to access for US and global users, strengthening GUNZ’s position in blockchain gaming. Solana Speed Boost for GUN Starting July 10th, GUN will be available on Solana, offering faster transactions…

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Brazil Bank Heist: $140 Million Crypto Caper

A massive cyber heist shook Brazil’s banking system, highlighting the vulnerabilities of even the most secure networks. The Inside Job On June 30th, hackers pulled off a stunning $140 million heist from six Brazilian banks. The attack targeted C&M Software, a crucial link between smaller banks and fintechs and the Central Bank’s PIX instant payment…

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Bitcoin’s Bullish Run: A New Chapter?

Bitcoin’s price is soaring, nearing its all-time high again. This isn’t just hype; some key market indicators are backing up the bullish sentiment. The SOPR Story: Profit-Taking on the Rise Bitcoin recently crossed the $109,000 mark and is climbing. On-chain data suggests a significant shift in market dynamics. A platform called Alphractal pointed out that…

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