BTCD Continues to Fall, Due in Part to BTC Jumps

Bitcoin’s dominance rate is decreasing. That means that less people are using it than before. It dropped to 48.67% on May 23, which is less than its high of 58.94% in December 2018. BTCD resistance line BTCD has been following a line since Jan. 3, 2021. The line on March 24th caused a rejection, leading to an accelerated downward movement. On May 19, BTCD had a low of 39.66% and then it...

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Securitize launches crypto security yield funds

Securitize has launched two funds. One is based on coins, and the other is based on the US dollar. You will be able to partake in them in early June by buying them through Securitize. The company wants to help people find ways to invest in cryptocurrencies and DeFi. They do that by selling securities. In the last few years, there has been a lot of movement in the world of crypto. There are...

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Bitcoin (BTC) seems to be in a bullish trend with its new price

Even though the market started with a correction, bulls could take control again. As a result, the majority of coins are in the red zone. Bitcoin (BTC) is looking to fix above $40,000. It has been rising by 2.20% since yesterday. Bitcoin (BTC) is also bullish in the future as bears were not able to keep the price below $40,000. This means that people who have bitcoins are not selling them. They...

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Raoul Pal Shares Important Message on Entering the Crypto Market

Raoul Pal shared a message. People should check it out. It’s on social media. I must admit that investing in crypto is not easy. Its not about price volatility, which is expected; its on one hand the people attack who you for not worshipping their favourite project, but also mean-revertionists doubting you, and sceptics hating you. Exhausting but amusing. — Raoul Pal (@RaoulGMI) May 23,...

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Bitcoin transactions on exchanges have decreased as BTC price continues to fall

Bitcoin prices are falling. People selling Bitcoin to exchanges have seen steady decreases in their transactions. Bitcoin has had a big fall this week. People are selling it. It is now 44% less than it was before. That has made people not want to buy it as much anymore on the exchange. One company that watches the Bitcoin market said that the number of Bitcoins coming in and out of exchanges has...

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China Bans Bitcoin Mining: Are Chinese-Based Miners Expected to Immigrate Overseas

China’s largest miner has said that he will no longer offer a service where people outside of his company can mine cryptocurrency. This is news from Colin Wu, a reporter on Friday. The government announced that bitcoin mining and trading among other financial risks are to be controlled. Zhuoer notes that the co-mining service only accounts for a small fraction of their computing power. The...

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China banned mining – Chia’s death and bitcoin’s catastrophic decline. HDD miners switching to Burstcoin!

Liu He, Vice Premier of the State Council of the China, said that he had issued an order to crack down on bitcoin mining and trading activity. A notice to this effect was published on the Chinese government’s official website. Amid the announcement, the price of bitcoin plummeted 10 per cent from $41,750 to less than $38,000. Chia’s death Not only is bitcoin in trouble now, but the...

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The Bitcoin Fad is Over: Here Are 5 Reasons It’s Struggling

Bitcoin (BTC) has hit its lowest price since February 8 and is now struggling to stay at $40,000. But Elon Musk is not the only reason Bitcoin prices are falling. Other things are also making it go down. USD bounces off multi-month lows Elon Musk, CEO of Tesla, is talking about Bitcoin. He said people are using too much energy when they use Bitcoin. But there are other things that might stop...

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Bitcoin: Stabilizing Around $45K?

Bitcoin has gone down to a new low. It has come back up and is above $45,000. Other coins have also recovered some ground and the total value of the crypto market is over $2.1 trillion. Bitcoin Stabilizing Around $45K? The past few days have not been good for the cryptocurrency. After some controversial things that were said on Twitter by Elon Musk, who is the CEO of Tesla, it’s price fell...

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“Everything You Need to Know About Elon Musk and Bitcoin”

When markets are not doing well, people worry. They might blame other things like Bitcoin. But Bitcoin Maximalists are also to blame because they only think about Bitcoin and don’t look at the whole thing. Bitcoin maximalists are the people who do not want to use bitcoin. They think bitcoin is only for them. But they are wrong. There are a lot of people who don’t understand how to...

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Bitcoin (BTC): A Watershed Moment for Crypto?

Bitcoin is facing a big decision this week. A price that has been going up and down for the past few months might be coming to an end. The bitcoin’s network value to transaction (NVT) price is in line with the $42,000 that it was at recently. NVT calls a significant BTC move After Elon Musk tweeted that Bitcoin is not a good investment, it has started going up again. The NVT says that the...

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Bitcoin Activates Taproot: Improves Scripting Capabilities and Privacy

It has been announced that more than 90% of the Bitcoin miners support Taproot. Taproot is a change to Bitcoin that will make it more powerful and give it more privacy. MAST can help make smart contracts more private because the contract only shows relevant information. It can also improve the privacy of Lightning Network by making it look like regular bitcoin transactions. Bitcoin in the news A...

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