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Leading Bitcoin layer-2 (L2) network Stacks has reached an all-time high in active users, driven by a growing interest in Bitcoin-native decentralized finance (DeFi). Stacks reached a new all-time high of 122,497 active accounts during April. Active accounts are addresses that performed at least one transaction, according to a May 2 X post by Bitcoin […]
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Bitcoin (BTC) price has declined by more than 8% in a week and 12% over the last 30 days after setting a new record high of around $73,835 on March 14. Data from cryptodirectories Markets Pro and TradingView shows that the BTC price fell from a high of $64,727 on April 30, dropping 6.5% to […]
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Australia’s largest stock exchange — the Australian Securities Exchange (ASX) — could greenlight several spot Bitcoin (BTC) exchange-traded funds (ETFs) by the end of 2024. Following in the footsteps of fund issuers in the United States and Hong Kong, spot Bitcoin ETF applications from VanEck Australia and local ETF-focused fund manager BetaShares are set to […]
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Bitcoin, the pioneer and flagbearer of the digital currency realm, has once again captured the attention of investors. Recent market dynamics have prompted discussions among analysts and enthusiasts alike, with the spotlight firmly fixed on the possibility of a significant retracement in Bitcoin’s price. Renowned crypto analyst Rekt Capital has examined the current state of […]
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The age-old debate over how best to store wealth reignites as Bitcoin and gold lock horns. Peter Brandt, a veteran financial trader, throws his weight behind Bitcoin, claiming it will dethrone gold as the long-term champion. Brandt cites a chart showcasing the leading cryptocurrency’s meteoric rise against gold over the past 12 years, suggesting a […]
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