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Source: Invezz News Agency
3 weeks ago
Cryptocurrency Medium Importance

Is Bitcoin's rally real or just a short squeeze? Analysts weigh in

Bitcoin is rallying despite a macro backdrop that should, on paper, be working against it. BTC has jumped from roughly $76,000 last week to around $86,000 this week, extending a sharp rebound even as the Fed raised interest rates, oil remained elevated, and the US-Iran conflict continued to cloud the outlook. Yet the move is not happening in a vacuum. US stocks have also recovered, oil has pulled back below $100, and Treasury yields have eased from recent highs as markets price in a better supply outlook and tentative diplomatic signals around Iran. Still, Bitcoin's scale of the rebound stands out.

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Source: Invezz
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Source: Crypto Economy News Agency
3 weeks ago
Cryptocurrency Medium Importance

Solana's Faster Upgrade Moves to Testnet, Cutting Finality to 0.15 Seconds

Solana began testing the Alpenglow upgrade on its public testnet, which would reduce transaction finality from ~13 seconds to 0.15 seconds. Alpenglow replaces the TowerBFT system with a voting protocol called Votor, which allows blocks to be closed in one or two validation rounds. Validators participating must run Agave 4.

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Source: Crypto Economy
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Source: TheNewsCrypto News Agency
3 weeks ago
Cryptocurrency Medium Importance

Bitcoin (BTC) From 10x Rallies to 3–5x Gains, CryptoQuant Founder Explains the Shift

CryptoQuant founder expects 3–5x BTC returns this cycle instead of another 10x rally. A more mature market could lead to a less severe Bitcoin bear market.

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Source: TheNewsCrypto
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Source: Cryptopolitan News Agency
3 weeks ago
Cryptocurrency Medium Importance
Grayscale turns Bitcoin miners ETF into AI compute ETF

Grayscale turns Bitcoin miners ETF into AI compute ETF

Grayscale Investments has followed the heavily beaten path of firms pivoting from Bitcoin mining to AI compute as the firm rebranded its Bitcoin Miners ETF (MNRS) into the Grayscale AI Compute ETF (GCPU), which is being marketed as a way for ordinary investors to cash in on the energy and compute demand driving the AI

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Source: Cryptopolitan
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Source: CrowdFundInsider News Agency
3 weeks ago
Cryptocurrency Medium Importance
Bitcoin ETFs Draw $1.7B in 2 Days as BTC Price Climbs Above Overall Holder Cost Basis

Bitcoin ETFs Draw $1.7B in 2 Days as BTC Price Climbs Above Overall Holder Cost Basis

Institutional demand for Bitcoin has reasserted itself with striking speed. U.S. spot Bitcoin exchange-traded funds absorbed about $1.7 billion in net inflows across two trading sessions as the price of Bitcoin climbed above the estimated average cost basis of ETF holders.

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Source: CrowdFundInsider
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