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US Trading Hours Drive 12% of Bitcoin’s 23% Monthly Gain: Matrixport


The price of the leading cryptocurrency Bitcoin surged over 23% this month, crossing the $52,000 mark for the first time since December 2021. 12% of the surge came during US trading hours, as per a report by Matrixport. The post US Trading Hours Drive 12% of Bitcoin’s 23% Monthly Gain:...

Matrixport Report: Bitcoin’s Target of $63,000 by March 2024 is Achievable


Matrixport identified four key catalysts that could propel Bitcoin's Price to $63,000 in March, including the recent approval of spot Bitcoin ETFs, the upcoming halving event, and interest rate cuts.  The post Matrixport Report: Bitcoin’s Target of $63,000 by March 2024 is Achievable appeared...

Taproot Wizards Reveal Bitcoin’s Onchain Payment Struggles During $15M Sale


Sending bitcoin onchain remains a poor payment experience despite the hype surrounding the leading crypto asset, according to Taproot Wizards founder Udi Wertheimer. In a recent post-mortem of a high-volume sale using bitcoin, Wertheimer detailed several pain points with onchain payments including...

Historic Bitcoin Stashes Mobilize Amid Rising Market Valuations


With bitcoin’s value rising past the $51,000 mark, numerous long-dormant bitcoin hoards have begun to mobilize unspent transaction outputs (UTXOs) that have remained untouched for an extended period. Although instances involving ‘sleeping bitcoins’ from the years 2009, 2010...

MicroStrategy’s Bitcoin Holdings Now Worth Over $10 Billion


MicroStrategy, the largest corporate owner of bitcoins, possesses over $10 billion worth of the cryptocurrency as of Thursday morning. According to MicroStrategy’s Q4 2023 Financial Results presentation, published on February 6, the company has made a profit of over $4 billion on its Bitcoin...

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