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Bitcoin Cash Eyes 28% Explosive Move🚀🚀

Bitcoin Cash poised for a major bullish move if resistance at $400 caves.
Bitcoin Cash starts the week on a bullish note, rising by a modest 0.8% to trade at $388. Based on the BCH price prediction looking at the technical structure and fundamentals, a major rally is on the horizon, likely to push the 16th-largest cryptocurrency to $515

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🚀 Bitcoin Cash Targets $400 Amid Bitcoin 2024 Conference Buzz 🚀** Bitcoin Cash (BCH) has seen a price surge, reflecting the upward movement of Bitcoin (BTC). The bullish sentiment surrounding the Bitcoin 2024 conference is pushing BCH towards the $400 mark. 🔹 Bitcoin 2024 Conference Fuels Optimism BTC is trading at $68,201 on July 27, while BCH hovers near $383, marking a 2.3% increase in 24 hours. The Bitcoin 2024 conference in Nashville, featuring speakers like MicroStrategy's Michael Saylor and presidential candidate Robert F. Kennedy Jr., is boosting market confidence. Former US President Donald Trump is also set to speak, adding to the excitement. 🔹 Mt. Gox Repayments: Minimal Impact on BTC and BCH Despite initial concerns, the Mt. Gox repayments haven't negatively impacted BTC or BCH prices significantly. Over 350,000 BTC have left exchanges as whales accumulate, and the Bitcoin ETF market has seen substantial inflows. Exchanges like Kraken and Bitstamp have completed their distributions of BTC and BCH assets from Mt. Gox to creditors. 🔹 BCH Price Analysis On the 4-hour chart, BCH shows a bullish outlook. The Relative Strength Index (RSI) indicates strong buyer interest, and the Moving Average Convergence Divergence (MACD) also suggests an upward trend. A breakout above $400 could see BCH targeting $500 and possibly year-to-date highs near $700. Key support zones are at $370-$350 and $297. Stay tuned for more crypto insights! 👍 📢 Disclaimer: This is not financial advice. Always do your own research before investing. $BTC $BCH $MTL 📢 Remember: A lot of hard work goes into providing top-notch investment articles. Your generous tips empower our mission and help us work even harder to give you the best investment advice. #bitcoincash #BinanceHODLerBANANA #BinanceTurns7 #US_Job_Market_Slowdown #US_Job_Market_Slowdown
🚀 Bitcoin Cash Targets $400 Amid Bitcoin 2024 Conference Buzz 🚀**
Bitcoin Cash (BCH) has seen a price surge, reflecting the upward movement of Bitcoin (BTC). The bullish sentiment surrounding the Bitcoin 2024 conference is pushing BCH towards the $400 mark.
🔹 Bitcoin 2024 Conference Fuels Optimism
BTC is trading at $68,201 on July 27, while BCH hovers near $383, marking a 2.3% increase in 24 hours. The Bitcoin 2024 conference in Nashville, featuring speakers like MicroStrategy's Michael Saylor and presidential candidate Robert F. Kennedy Jr., is boosting market confidence. Former US President Donald Trump is also set to speak, adding to the excitement.
🔹 Mt. Gox Repayments: Minimal Impact on BTC and BCH
Despite initial concerns, the Mt. Gox repayments haven't negatively impacted BTC or BCH prices significantly. Over 350,000 BTC have left exchanges as whales accumulate, and the Bitcoin ETF market has seen substantial inflows. Exchanges like Kraken and Bitstamp have completed their distributions of BTC and BCH assets from Mt. Gox to creditors.
🔹 BCH Price Analysis
On the 4-hour chart, BCH shows a bullish outlook. The Relative Strength Index (RSI) indicates strong buyer interest, and the Moving Average Convergence Divergence (MACD) also suggests an upward trend. A breakout above $400 could see BCH targeting $500 and possibly year-to-date highs near $700. Key support zones are at $370-$350 and $297.
Stay tuned for more crypto insights! 👍
📢 Disclaimer: This is not financial advice. Always do your own research before investing. $BTC $BCH $MTL
📢 Remember: A lot of hard work goes into providing top-notch investment articles. Your generous tips empower our mission and help us work even harder to give you the best investment advice. #bitcoincash #BinanceHODLerBANANA #BinanceTurns7 #US_Job_Market_Slowdown #US_Job_Market_Slowdown
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🚨 Market Update 📉: Mt Gox, the infamous crypto exchange from 2014, has begun reimbursing creditors, triggering a notable impact on the market. 💼 Background: Mt Gox collapsed after a major hack, leaving thousands owed billions in Bitcoin. Now, reimbursements are underway, affecting both Bitcoin (BTC) and Bitcoin Cash (BCH). 📉 Impact on BCH: Bitcoin Cash, linked to Mt Gox reimbursements, has seen a sharp decline of 3.75% in the last hour and about 7% over 24 hours. Currently trading at $364, down from $395 earlier today. 🔗 Connection: BCH didn't exist in 2014; it was born in 2017 as a Bitcoin hard fork. Coins received by Mt Gox BTC creditors include BCH, influencing its current market movement. Stay informed as the crypto landscape reacts to these developments. Remember, investment decisions should be made with caution and based on thorough research. #CryptoNews🚀🔥 #MtGox #Bitcoin❗ #bitcoincash #BTC
🚨 Market Update 📉: Mt Gox, the infamous crypto exchange from 2014, has begun reimbursing creditors, triggering a notable impact on the market.

💼 Background: Mt Gox collapsed after a major hack, leaving thousands owed billions in Bitcoin. Now, reimbursements are underway, affecting both Bitcoin (BTC) and Bitcoin Cash (BCH).

📉 Impact on BCH: Bitcoin Cash, linked to Mt Gox reimbursements, has seen a sharp decline of 3.75% in the last hour and about 7% over 24 hours. Currently trading at $364, down from $395 earlier today.

🔗 Connection: BCH didn't exist in 2014; it was born in 2017 as a Bitcoin hard fork. Coins received by Mt Gox BTC creditors include BCH, influencing its current market movement.

Stay informed as the crypto landscape reacts to these developments. Remember, investment decisions should be made with caution and based on thorough research.

#CryptoNews🚀🔥 #MtGox #Bitcoin❗ #bitcoincash #BTC
Bitcoin Cash Surges 85% in One WeekBitcoin SV and Bitcoin Cash, two cryptocurrency assets that sprang from the Bitcoin hard fork, have successfully attracted attention with double-digit percentage rises in a week. When this post was published, Bitcoin only witnessed a 15.74% increase, but Bitcoin SV and Bitcoin Cash both had significant gains of 43.51% and 85.58%, respectively. Positive sentiment from EDX Market, a cryptocurrency exchange supported by well-known financial institutions including Charles Schwab, Citadel Securities, Fidelity Digital Assets, Paradigm, Sequoia Capital, and Virtu Financial, is credited with the increase of established cryptocurrency assets in the cryptocurrency market. The values of BSV and BCH, which are presently trading at $36.44 and $200.63, respectively, are still down more than 90% from their all-time highs despite the recent spike. BCH peaked in 2017 at $4,355, whereas BSV achieved its all-time high price of $491.64 in 2021. #BTC #bitcoincash #cryptocurrency

Bitcoin Cash Surges 85% in One Week

Bitcoin SV and Bitcoin Cash, two cryptocurrency assets that sprang from the Bitcoin hard fork, have successfully attracted attention with double-digit percentage rises in a week. When this post was published, Bitcoin only witnessed a 15.74% increase, but Bitcoin SV and Bitcoin Cash both had significant gains of 43.51% and 85.58%, respectively.

Positive sentiment from EDX Market, a cryptocurrency exchange supported by well-known financial institutions including Charles Schwab, Citadel Securities, Fidelity Digital Assets, Paradigm, Sequoia Capital, and Virtu Financial, is credited with the increase of established cryptocurrency assets in the cryptocurrency market.

The values of BSV and BCH, which are presently trading at $36.44 and $200.63, respectively, are still down more than 90% from their all-time highs despite the recent spike.

BCH peaked in 2017 at $4,355, whereas BSV achieved its all-time high price of $491.64 in 2021.

#BTC #bitcoincash #cryptocurrency
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Analyst Pershikov named the conditions under which Bitcoin could soar to $60 thousand Bitcoin continues to develop the upward trend formed in 2023 against the backdrop of a number of fundamental prerequisites. The latter, under certain conditions, can lead to its further growth at the level of 55-60 thousand dollars. cryptocurrency market analyst Viktor Pershikov spoke about this #bitcoincash $BTC
Analyst Pershikov named the conditions under which Bitcoin could soar to $60 thousand

Bitcoin continues to develop the upward trend formed in 2023 against the backdrop of a number of fundamental prerequisites. The latter, under certain conditions, can lead to its further growth at the level of 55-60 thousand dollars. cryptocurrency market analyst Viktor Pershikov spoke about this

#bitcoincash
$BTC
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👉🏼 Ocean Performing bull flag pattern📍 What is a bull flag? How to identify a bullish flag on Crypto Charts 🫴🏼 IDENTIFY A BULLISH FLAG ON Crypto Charts It can be complex identifying a bull flag on a chart because the pattern entails several different components. Traders will need to correctly identify and understand these components to trade this pattern successfully. Key things to look out for when trading the bull flag pattern are: 🫴🏼 Preceding uptrend (flag pole) Identify downward sloping consolidation (bull flag) If the retracement becomes deeper than 50%, it may not be a flag pattern. #BRC20 #bitcoinbutton #bitcoincash #bitcoin #Ethereum
👉🏼 Ocean Performing bull flag pattern📍

What is a bull flag?
How to identify a bullish flag on Crypto Charts

🫴🏼 IDENTIFY A BULLISH FLAG ON Crypto Charts
It can be complex identifying a bull flag on a chart because the pattern entails several different components. Traders will need to correctly identify and understand these components to trade this pattern successfully. Key things to look out for when trading the bull flag pattern are:

🫴🏼 Preceding uptrend (flag pole)
Identify downward sloping consolidation (bull flag)
If the retracement becomes deeper than 50%, it may not be a flag pattern.
#BRC20 #bitcoinbutton #bitcoincash #bitcoin #Ethereum
🚨 🚨 Yes We Did It !!! Another 200% From $BCH Yesterday. We caught the Short Perfectly. Do Follow Us . #bitcoincash Follow Our media handles For more updates
🚨 🚨 Yes We Did It !!!

Another 200% From $BCH Yesterday. We caught the Short Perfectly. Do Follow Us .

#bitcoincash

Follow Our media handles For more updates
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The date when the price of Bitcoin will overcome its historical maximum has been announced Crypto expert Lai: Bitcoin price will soar to $100 thousand at the end of 2024 The cost of one bitcoin will overcome the historical maximum - $70 thousand - and reach $100 thousand at the end of 2024 - the first half of 2025. Lennix Lai, commercial director of the OKX crypto exchange, gave this forecast to Gazeta.Ru, commenting on the latest cryptocurrency highs. “Like any other asset, Bitcoin does not have a clearly defined value limit - its rate is formed based on market conditions, the ratio of supply and demand, the interest of market participants in cryptocurrencies and under the influence of macroeconomic factors. The current year 2024 is generally expected to be favorable for cryptocurrencies. The first growth factor is the approval of spot exchange-traded funds linked to the value of Bitcoin (Bitcoin ETF), which occurred in January,” the expert explained. The second factor is the halving of miners (cryptocurrency miners), which will take place in April 2024. #Bitcoin #BTC; #bitcoincash #BitcoinWorld #BTCUSD $BTC
The date when the price of Bitcoin will overcome its historical maximum has been announced

Crypto expert Lai: Bitcoin price will soar to $100 thousand at the end of 2024

The cost of one bitcoin will overcome the historical maximum - $70 thousand - and reach $100 thousand at the end of 2024 - the first half of 2025. Lennix Lai, commercial director of the OKX crypto exchange, gave this forecast to Gazeta.Ru, commenting on the latest cryptocurrency highs.

“Like any other asset, Bitcoin does not have a clearly defined value limit - its rate is formed based on market conditions, the ratio of supply and demand, the interest of market participants in cryptocurrencies and under the influence of macroeconomic factors.
The current year 2024 is generally expected to be favorable for cryptocurrencies. The first growth factor is the approval of spot exchange-traded funds linked to the value of Bitcoin (Bitcoin ETF), which occurred in January,” the expert explained.

The second factor is the halving of miners (cryptocurrency miners), which will take place in April 2024.
#Bitcoin #BTC; #bitcoincash #BitcoinWorld #BTCUSD
$BTC
#bitcoincash is halving in 5 hours. Last Chance To Buy Before It Goes Up!#
#bitcoincash is halving in 5 hours. Last Chance To Buy Before It Goes Up!#
BREAKING: We have re-added #bitcoincash as an payment option on our marketplace in an effort to diversify options and give an opening to those affected by Bitcoin fees and don't have the means to open a lightning channel #Binance #BTC #crypto2023 #dyor
BREAKING: We have re-added #bitcoincash as an payment option on our marketplace in an effort to diversify options and give an opening to those affected by Bitcoin fees and don't have the means to open a lightning channel

#Binance #BTC #crypto2023 #dyor
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Saylor began selling MicroStrategy shares to buy bitcoins The executive chairman of the technology company MicroStrategy, Michael Saylor, began selling shares of his company to buy bitcoins Saylor filed a filing with the U.S. Securities and Exchange Commission indicating his plans to divest 315,000 MicroStrategy shares valued at $215.8 million at current prices. On January 2, Michael made his first trade, selling 5,000 securities, and plans to sell all of his assets within four months. Information on the sale of MicroStrategy shares by Saylor #bitcoincash $BTC
Saylor began selling MicroStrategy shares to buy bitcoins

The executive chairman of the technology company MicroStrategy, Michael Saylor, began selling shares of his company to buy bitcoins

Saylor filed a filing with the U.S. Securities and Exchange Commission indicating his plans to divest 315,000 MicroStrategy shares valued at $215.8 million at current prices. On January 2, Michael made his first trade, selling 5,000 securities, and plans to sell all of his assets within four months.

Information on the sale of MicroStrategy shares by Saylor
#bitcoincash
$BTC
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Analyst: Bitcoin futures point to bullish trend in spring 2024 Binance has a significant premium of over $2,000 on Bitcoin futures contracts expiring at the end of March. According to the analyst, this indicates the expectation of an increase in the price of Bitcoin this spring. When futures contracts trade at a higher price than the spot price, it is called “contango.” This situation suggests that the market expects the price of the asset to increase before the expiration of the futures contract (in this case, March 29). Ruslan Lienkha, head of markets at YouHodler, called the current contango a clear bullish indicator for Bitcoin: #bitcoincash $BTC
Analyst: Bitcoin futures point to bullish trend in spring 2024

Binance has a significant premium of over $2,000 on Bitcoin futures contracts expiring at the end of March. According to the analyst, this indicates the expectation of an increase in the price of Bitcoin this spring.

When futures contracts trade at a higher price than the spot price, it is called “contango.” This situation suggests that the market expects the price of the asset to increase before the expiration of the futures contract (in this case, March 29).

Ruslan Lienkha, head of markets at YouHodler, called the current contango a clear bullish indicator for Bitcoin:

#bitcoincash
$BTC
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Bearish
Greetings guys talking about $BCH while it’s maintaining kind of a stable price between $232 and $225 which is an area of support as shown, and today it took support at the price of $224 almost breaking out of the support range we are currently at the time of the post at $226 which is a price affected by the support but if we breakout of the support area (below $223.2) we are going to see price falling till the next support area around $215 in case the price breakout under the support range I’m opening a short position with x20 leverage with stop loss at around $225 and taking profit at $216, anyway its not a good time to short crypto while the Blackrock ETF approval would get approved in anytime. Trade with caution, with a tight stop lose.📉 #bitcoincash #BTC #etf #blackrock #BinanceSquare
Greetings guys talking about $BCH while it’s maintaining kind of a stable price between $232 and $225 which is an area of support as shown, and today it took support at the price of $224 almost breaking out of the support range we are currently at the time of the post at $226 which is a price affected by the support but if we breakout of the support area (below $223.2) we are going to see price falling till the next support area around $215 in case the price breakout under the support range I’m opening a short position with x20 leverage with stop loss at around $225 and taking profit at $216, anyway its not a good time to short crypto while the Blackrock ETF approval would get approved in anytime. Trade with caution, with a tight stop lose.📉 #bitcoincash #BTC #etf #blackrock #BinanceSquare
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Jamie Dimon: 'I don't want to talk about Bitcoin anymore' “There are cryptocurrencies that can actually do something. And there’s one that doesn’t do anything,” says Jamie Dimon, speaking about Bitcoin. When reminded that BlackRock CEO Larry Fink changed his mind about Bitcoin after his company moved into ETFs, Dimon responded: “I don’t care, so please stop talking about it.” “I don’t know what he would say about blockchain and currencies that do something and Bitcoin that doesn’t do anything. People have opinions and this is the last time I express mine,” he said. #BTC!💰 #BTCUSD #BTCtraders #BitcoinWorld #bitcoincash $BTC
Jamie Dimon: 'I don't want to talk about Bitcoin anymore'

“There are cryptocurrencies that can actually do something. And there’s one that doesn’t do anything,” says Jamie Dimon, speaking about Bitcoin.

When reminded that BlackRock CEO Larry Fink changed his mind about Bitcoin after his company moved into ETFs, Dimon responded: “I don’t care, so please stop talking about it.”

“I don’t know what he would say about blockchain and currencies that do something and Bitcoin that doesn’t do anything. People have opinions and this is the last time I express mine,” he said.
#BTC!💰 #BTCUSD #BTCtraders #BitcoinWorld #bitcoincash
$BTC
Bitcoin vs Bitcoin Cash: How Are They Different?We are here to talk about the difference between Bitcoin and Bitcoin Cash. What is Bitcoin? According to Investopedia, Bitcoin (BTC) is a cryptocurrency, a virtual currency designed to act as money and a form of payment outside the control of any one person, group, or entity, thus removing the need for intermediaries like banks. Bitcoin’s basic features include being distributed, transparent and peer-to-peer. What is Bitcoin Cash? Bitcoin Cash (BCH) is a cryptocurrency that was created in August 2017 as a fork of Bitcoin Classic. Bitcoin Cash increases the size of blocks, allowing more transactions to be processed. Bitcoin Cash is a decentralized peer-to-peer electronic cash system that does not rely on any central authority like a government or financial institution. Why are there two versions of Bitcoin? In August 2017, the Bitcoin blockchain experienced a hard fork. This resulted in the creation of Bitcoin Cash, which is a cryptocurrency that is similar to Bitcoin but with a larger block size limit. Bitcoin vs. Bitcoin Cash: Key differences The key differences between Bitcoin and Bitcoin Cash are speed, security and cost. Transaction speed - Bitcoin Cash has a transaction block size of 32MB, allowing for over 100 transactions per second, while Bitcoin can only process seven transactions per second. Security - Bitcoin Cash processes transactions more quickly and at a lower cost than Bitcoin because it requires less mining power to verify new blocks. This makes the system less secure than Bitcoin.  Transaction costs - Bitcoin Cash has cheaper transfer fees (around $0.20 per transaction), so making transactions in BCH will save you more.  Bitcoin (BTC) - #1 cryptocurrency by market cap (as of April 2023) Bitcoin Cash (BCH) - #29 cryptocurrency by market cap (as of April 2023) Bitcoin and Bitcoin Cash Price Bitcoin has both bear and bull markets. Bitcoin’s (BTC) last bull run price peaked at almost $69,000 in November 2021, but the asset and the general crypto market have since reversed the gains.  Bitcoin is currently in a bear market as of December 2021. Bitcoin Price The Bitcoin Cash price is $129.28, a change of 3.61% over the past 24 hours. Conclusion Despite both being named Bitcoin, the two cryptocurrencies are quite different in terms of functionality. Bitcoin Cash (BCH) has some advantages over Bitcoin, including lower transaction costs and faster transaction times. However, it is not as well-known or as popular as Bitcoin. ❗Please be reminded that cryptocurrency trading is highly risky and is not suitable for the general public. We encourage you to do your own research before investing. ❗This is not trading or investment advice. Its informational purposes only. #originalcontent #crypto2023 #bitcoin #bitcoincash #dyor

Bitcoin vs Bitcoin Cash: How Are They Different?

We are here to talk about the difference between Bitcoin and Bitcoin Cash.

What is Bitcoin?

According to Investopedia, Bitcoin (BTC) is a cryptocurrency, a virtual currency designed to act as money and a form of payment outside the control of any one person, group, or entity, thus removing the need for intermediaries like banks. Bitcoin’s basic features include being distributed, transparent and peer-to-peer.

What is Bitcoin Cash?

Bitcoin Cash (BCH) is a cryptocurrency that was created in August 2017 as a fork of Bitcoin Classic. Bitcoin Cash increases the size of blocks, allowing more transactions to be processed. Bitcoin Cash is a decentralized peer-to-peer electronic cash system that does not rely on any central authority like a government or financial institution.

Why are there two versions of Bitcoin?

In August 2017, the Bitcoin blockchain experienced a hard fork. This resulted in the creation of Bitcoin Cash, which is a cryptocurrency that is similar to Bitcoin but with a larger block size limit.

Bitcoin vs. Bitcoin Cash: Key differences

The key differences between Bitcoin and Bitcoin Cash are speed, security and cost.

Transaction speed - Bitcoin Cash has a transaction block size of 32MB, allowing for over 100 transactions per second, while Bitcoin can only process seven transactions per second.

Security - Bitcoin Cash processes transactions more quickly and at a lower cost than Bitcoin because it requires less mining power to verify new blocks. This makes the system less secure than Bitcoin.

 Transaction costs - Bitcoin Cash has cheaper transfer fees (around $0.20 per transaction), so making transactions in BCH will save you more. 

Bitcoin (BTC) - #1 cryptocurrency by market cap (as of April 2023)

Bitcoin Cash (BCH) - #29 cryptocurrency by market cap (as of April 2023)

Bitcoin and Bitcoin Cash Price

Bitcoin has both bear and bull markets. Bitcoin’s (BTC) last bull run price peaked at almost $69,000 in November 2021, but the asset and the general crypto market have since reversed the gains. 

Bitcoin is currently in a bear market as of December 2021.

Bitcoin Price

The Bitcoin Cash price is $129.28, a change of 3.61% over the past 24 hours.

Conclusion

Despite both being named Bitcoin, the two cryptocurrencies are quite different in terms of functionality. Bitcoin Cash (BCH) has some advantages over Bitcoin, including lower transaction costs and faster transaction times. However, it is not as well-known or as popular as Bitcoin.

❗Please be reminded that cryptocurrency trading is highly risky and is not suitable for the general public. We encourage you to do your own research before investing.

❗This is not trading or investment advice. Its informational purposes only.

#originalcontent #crypto2023 #bitcoin #bitcoincash #dyor

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Arthur Hayes: Bitcoin will start growing after March Arthur Hayes believes that the price of the world's first cryptocurrency will decrease by at least 20-30% in March 2024 from whatever level it reaches by then. Reason: US monetary policy. BTC will return to growth immediately after March 20th. It is on this day that the US Federal Reserve System (FRS) will provide a forecast for changes in the key rate, which is currently being prepared by the Open Market Committee. Therefore, the ex-businessman claims that he will not buy Bitcoin until March comes. #bitcoincash $BTC
Arthur Hayes: Bitcoin will start growing after March

Arthur Hayes believes that the price of the world's first cryptocurrency will decrease by at least 20-30% in March 2024 from whatever level it reaches by then. Reason: US monetary policy. BTC will return to growth immediately after March 20th. It is on this day that the US Federal Reserve System (FRS) will provide a forecast for changes in the key rate, which is currently being prepared by the Open Market Committee.

Therefore, the ex-businessman claims that he will not buy Bitcoin until March comes.

#bitcoincash
$BTC
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Analysts Call Miners' Reserve Dump a 'Strategic Move' Bitcoin (BTC) bears are getting more ammunition, this time potentially from miners. The miners of the largest cryptocurrency have started dumping their reserves. According to analytics firm CryptoQuant, this is a 'strategic move' as miners look to cover rising costs ahead of the halving. According to CryptoQuant, miners' BTC reserves have significantly declined, while the number of BTC transfers to centralized exchanges has increased. This dynamic, the firm said, 'clearly shows strong selling pressure from the miner's side.' In the run-up to a halving, miners typically sell their BTC to cover operational costs and prepare for future investments, as the competition in the sector intensifies with each block reward reduction. #Bitcoin #bitcoincash #btccash #BTCUSD #btcNFT $BTC
Analysts Call Miners' Reserve Dump a 'Strategic Move'

Bitcoin (BTC) bears are getting more ammunition, this time potentially from miners.

The miners of the largest cryptocurrency have started dumping their reserves. According to analytics firm CryptoQuant, this is a 'strategic move' as miners look to cover rising costs ahead of the halving.

According to CryptoQuant, miners' BTC reserves have significantly declined, while the number of BTC transfers to centralized exchanges has increased. This dynamic, the firm said, 'clearly shows strong selling pressure from the miner's side.'

In the run-up to a halving, miners typically sell their BTC to cover operational costs and prepare for future investments, as the competition in the sector intensifies with each block reward reduction.
#Bitcoin #bitcoincash #btccash #BTCUSD #btcNFT
$BTC
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Vanguard calls Bitcoin an immature asset class Vanguard Global director of capital markets development Janel Jackson explained the company's position on digital assets. She stated that although Bitcoin is classified as a commodity, it is an immature asset class. As Jackson put it, Bitcoin has little history, no intrinsic economic value, no cash flow, and can wreak havoc on an investment portfolio. Jackson noted that Vanguard will not be launching a Bitcoin ETF or any other cryptocurrency-related product given the current state of the crypto market. The company has a very rigorous decision-making process when introducing new investment products—Vanguard's primary focus is on long-term investment benefits, Jackson said. Despite the growing debate surrounding Bitcoin and cryptocurrencies, Vanguard does not believe they are suitable for inclusion in long-term portfolios. #Bitcoin #BitcoinWorld #bitcoincash #BTCUSD #btcusdt $BTC
Vanguard calls Bitcoin an immature asset class

Vanguard Global director of capital markets development Janel Jackson explained the company's position on digital assets. She stated that although Bitcoin is classified as a commodity, it is an immature asset class. As Jackson put it, Bitcoin has little history, no intrinsic economic value, no cash flow, and can wreak havoc on an investment portfolio.

Jackson noted that Vanguard will not be launching a Bitcoin ETF or any other cryptocurrency-related product given the current state of the crypto market. The company has a very rigorous decision-making process when introducing new investment products—Vanguard's primary focus is on long-term investment benefits, Jackson said. Despite the growing debate surrounding Bitcoin and cryptocurrencies, Vanguard does not believe they are suitable for inclusion in long-term portfolios.
#Bitcoin #BitcoinWorld #bitcoincash #BTCUSD #btcusdt
$BTC
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