Bitcoin (BTC) shook off volatility on Thursday as US stocks rebounded on the back of inflation-data relief. Key points: Bitcoin avoids a snap reaction to US personal consumption expenditures (PCE) inflation data, which reverses a local uptrend. Analysis remains wary of inflationary tendencies despite PCE conforming to expectations. Bitwise predicts that going forward, Bitcoin will…

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This article first appeared in The Energy Mag. The original article can be viewed here. The Energy Mag (formerly The Miner Mag) provides news, data, and insights on the energy–compute–markets nexus. The expansion includes a $31.5 million miner purchase commitment and two acquisitions totaling $13.9 million for power contracts, land, buildings and mining equipment. Together,…

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Here’s why today’s meeting is quite historic and how it can impact crypto markets. The United States Federal Reserve will announce its interest-rate decision later today, but, unlike essentially every meeting in the past six years, markets remain divided over what comes next. Bitcoin investors seemingly de-risked yesterday in what appeared to be a…

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Bitcoin (BTC) hit ten-day lows at Tuesday’s Wall Street open as BTC price action followed a US stocks sell-off. Key points: Bitcoin price action reacts to contagion from an Asia stocks sell-off as it hits US markets. Chip makers are at the epicenter of the reversal with South Korea’s KOSPI Index closing the day down…

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“The next cycle will be dominated by licensed exchanges and institutional capital,” one analyst predicted. The cryptocurrency market has been stuck in a prolonged bear market for several months, while in the last few days, some well-known exchanges announced they will shut down operations. This sounds like concerning news that could trigger additional panic…

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Bitcoin (BTC) sought to build on local highs at Monday’s Wall Street open as US stocks opened in the green. Key points: Bitcoin approached new local highs with the start of the week’s first US trading session. Stocks also opened higher amid relief over a hiatus in the US-Iran war and potential progress on reopening…

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Key Takeaways KB Kookmin Bank will launch Kinexys-based USD payments to 10 countries next month. Parent KB Financial Group holds $552.76 billion in assets, Asia-Pacific’s 28th-largest lender. Kinexys has processed over $4 trillion cumulatively, with daily volume exceeding $7 billion. What Was Announced Exactly KB Kookmin Bank, a unit of KB Financial Group, will roll…

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Bitcoin developers need to swallow their pride and outline a clear plan to harden the blockchain against quantum computing attacks, according to Capriole Investments founder Charles Edwards. He says the day they finally bite the bullet, the price will respond very quickly. “If the Bitcoin core team says in two or three months: ‘this is…

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Key Takeaways Michael Saylor published a 38-work curriculum requiring up to 953 hours of reading. The program spans history, economics, technology, war, and concludes with Bitcoin. The curriculum includes Saylor’s own book, The Mobile Wave, alongside works from prominent historians and economists. Saylor Explains Why He Published the Curriculum Strategy Inc. (Nasdaq: MSTR) Executive Chairman…

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Bitcoin (BTC) fell more than 1.6% on Friday as its latest price correction accelerated after Wall Street opened. Key points: Bitcoin price downside pressure mounts on the back of multiple macro headwinds. US bond yields further a hawkish pivot in Fed interest-rate expectations. BTC price analysis sees a Binance “plunge protection team” attempting to shore…

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