Tag: Bitcoin

Bitcoin Faces Sharp Decline Over the Weekend, Triggering Massive Liquidations

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Bitcoin’s value plummeted this weekend, dropping below $62,000 after starting the day near $67,000. The sharp 7.7% decrease led to extensive market liquidations, with total cryptocurrency liquidations nearing $1 billion on Saturday alone. Read more about the rapid sell-offs and market responses. Over the weekend, the price of bitcoin saw further declines, falling an additional …

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UK Court Finds Woman Guilty in Case Involving Over $4.3 Billion in Bitcoin

Bitcoin Fees Decline, but Over 257,000 Transactions Await Confirmation: An Analysis of Recent Blockchain Activity

UK Court Finds Woman Guilty in Case Involving Over $4.3 Billion in Bitcoin A woman in London has been found guilty of laundering money after being discovered with bitcoins valued at over $4.3 billion. The accused, known for transforming cryptocurrencies into tangible assets like luxury real estate and high-end jewelry, has faced conviction for her …

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US Spot ETFs Now Backed by 4% of Total Bitcoin Supply

250 Bitcoins From 2009 Moved After 12 Years worth $10.8 million at the time of transfer

US Spot ETFs Now Backed by 4% of Total Bitcoin Supply Bollywoodfever, March 8: The landscape of cryptocurrency investment in the United States has witnessed a significant shift with the introduction of spot bitcoin exchange-traded funds (ETFs), which are now responsible for holding approximately 4% of the total available supply of bitcoin. This development underscores …

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Bitcoin Liquidations Spike as BTC Falls Dramatically from Recent Peak

Top Cryptocurrency Exchanges Will Not Advertise During IPL

Bitcoin Liquidations Spike as BTC Falls Dramatically from Recent Peak Bollywoodfever, March 5: Bitcoin’s value experienced a brief spike, reaching a record high over $69,000 on Tuesday.  Yet, this high was short-lived, as the price soon retracted to the mid-$65,000 range, triggering a significant increase in the liquidation of leveraged bets. The last day’s price …

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Asian Investors Propel Bitcoin’s Surge, Dominating Global Trading Volumes

Be Careful: Crypto Drainers' Stealing Cryptocurrencies From Wallets

Asian Investors Propel Bitcoin’s Surge, Dominating Global Trading Volumes Bollywoodfever, March 5: Bitcoin’s recent surge to near-record highs is largely attributed to a wave of investment from Asia, where traders in South Korea, China, and other nations are driving approximately 70% of the cryptocurrency’s trading volume.  This trend mirrors the dynamics observed in 2021, during …

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