Bitcoin’s Pre-Halving Rally May Start Next Week, Says Analyst

Historical Data Points to Pre-Halving Rally Phase Pseudonymous analyst Rekt Capital believes Bitcoin (BTC) could start its pre-halving rally next week. Rekt Capital analyzed historical data and identified five stages in Bitcoin’s price action based on halving events. The next halving is scheduled for April, and Rekt Capital believes Bitcoin is transitioning from pre-halving retracement…

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Bitcoin Wallet Activity Dips Despite ETF Approval

The introduction of Bitcoin exchange-traded funds (ETFs) in the United States has sparked mixed reactions. While there was an initial surge in investment, recent data shows a decline in overall Bitcoin wallet activity. Diminishing Enthusiasm Data from Santiment reveals a consistent reduction in the number of crypto wallets holding any amount of Bitcoin since the…

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MicroStrategy Expands Its Bitcoin Holdings: A Deeper Dive into the Acquisition

MicroStrategy, a software company, remains committed to its “Bitcoin Strategy,” as evidenced by its recent acquisition of additional Bitcoin (BTC). Key Points: MicroStrategy’s co-founder, Michael Saylor, announced the acquisition of 850 BTC for $37.2 million in January, increasing the company’s total BTC holdings to 190,000 BTC. The company’s fourth-quarter 2023 financial results revealed the purchase…

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Ethereum Holders Accumulate, Withdrawing Over $1 Billion from Exchanges in Three Weeks

Ethereum (ETH) Outflows Signal Potential Decline in Selling Pressure Cryptocurrency analyst Ali Martinez observed a significant outflow of Ethereum (ETH) from crypto exchanges, indicating a strong holder sentiment and potentially less selling pressure in the market. In the past three weeks, nearly 510,000 ETH, worth approximately $1.22 billion, exited known crypto exchange wallets. Ethereum Exchange…

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MetaMask and Robinhood Team Up to Make Crypto Purchases Easier

Seamless Crypto Purchases Within MetaMask: Consensys, a leader in blockchain software, and Robinhood, a popular trading platform, have joined forces to integrate Robinhood Connect with MetaMask, the most widely used web3 wallet. This partnership allows MetaMask users to conveniently purchase crypto assets directly within the wallet using Robinhood’s order engine. Enhanced Accessibility and Security: MetaMask’s…

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Nibiru Chain Secures $12 Million for Developer-Focused Layer One Blockchain

Funding Secured for Ambitious Growth Phase Nibiru Chain, a general-purpose layer one blockchain, has secured $12 million in funding to fuel its ambitious growth plans. Venture investments included contributions from Kraken Ventures, ArkStream, NGC Ventures, Master Ventures, Tribe Capital, and Banter Capital. Developer-Centric Platform with Built-In Dev Toolkit Nibiru Chain stands out with its innovative…

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