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While Bitcoin’s price slipped to as low as $93K on Monday, traders have turned their attention to altcoins, uncovering potential opportunities in emerging narratives and under-the-radar tokens. The Sandbox ($SAND) The metaverse and GameFi sectors are regaining momentum, with $SAND drawing increased interest. Investors are showing renewed confidence in metaverse-focused projects, signaling a shift toward … Read more
Bitcoin’s on-chain activity is experiencing a significant uptick, marking the first sustained growth of this scale since 2021. Daily active addresses are nearing 1 million, highlighting renewed interest in the cryptocurrency. https://twitter.com/intotheblock/status/1861338230676721786?t=Ut54ItPXiZ7fGUf1Wsdpzw&s=19 One factor contributing to Bitcoin’s recent retracement is elevated funding rates, which signaled excessive leverage in the market. However, these rates have now … Read more
The Russian Federation Council’s approval of the new crypto taxation regime comes amid Bitcoin hitting all-time highs against Russia’s national currency, the ruble. Go to Source
India’s crypto community has shown resilience to harsh taxation requirements, with its crypto ecosystem gaining momentum, although not at its full potential. Go to Source
The latest Bitcoin price pullback toward $90,000 was likely a buy-the-dip opportunity and in line with previous bull markets, several key market metrics suggest. Go to Source
Alan Joseph, a Lancaster, Massachusetts man, was convicted on Nov. 22 for running an unlicensed business that converted cash into bitcoin to aid criminal activities, the U.S. Department of Justice (DOJ) said on Tuesday. Between August 2020 and February 2021, Joseph conducted transactions, including a $25,000 cash-to-bitcoin exchange, for an undercover agent who claimed involvement … Read more
China-based SOS, which operates a US-based Bitcoin mine, plans to buy $50 million worth of Bitcoin. Go to Source
According to Bitcoin-only financial services firm River, 62 publicly traded companies use a Bitcoin treasury strategy as of November 2024. Go to Source
Despite recent price corrections, Bitcoin’s valuation metrics still indicate a bull cycle ahead. Go to Source
Bitcoin’s strong recovery shows aggressive buying on every minor dip, but the bulls may struggle to overcome the $100,000 resistance. Go to Source