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Report: Bitcoin Set for its Biggest Breakout Yet


A recent Coinmetrics report says on-chain fundamentals are hinting at bitcoin experiencing its biggest breakout yet. The report notes that bitcoin is already showing signs of this following its rise by about $1,000 in one day on October 21. The digital asset has subsequently set a new all-time high...

DeFi Winning ‘Bullish’ Fans, But Ethereum’s ‘Crown’ In Danger – Report


Source: Adobe/Сергей Шиманович The Digital Currency Group has suggested that the decentralized finance (DeFi) movement could one day outgrow the blockchain network it was primarily built upon – Ethereum (ETH) – and claimed that its founders were “more bullish on DeFi than on its current technical...

PayPal In M&A Talks With Wrapped Bitcoin Custodian BitGo - Report


Mike Belshe, Co-founder and CEO of BitGo. Source: a video screenshot, Youtube/Bloomberg It seems that online payments giant PayPal has bigger plans in the Cryptoverse. Within weeks, the company could reach a deal to buy US-based major crypto custodian BitGo, Bloomberg reported, citing undisclosed...

Price Increase Drives 98% of Bitcoin Holders Into a State of Profit


The price of bitcoin jumped significantly on Wednesday after the payment processor Paypal announced cryptocurrency support. The jump in value has pushed a large number of bitcoin holders into a state of profit, according to Glassnode “percent of UTXOs in profit” statistics. Based on...

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