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Bitcoin Market Price Analysis — April 6

Bitcoin (BTC) has struggled over the past week to break the $60,000 resistance level, all to no avail. As the benchmark cryptocurrency continues to stall below the $60k mark, altcoins have taken charge and have driven the valuation industry higher, thereby causing Bitcoin to lose market dominance. The altcoin frenzy has seen some large-cap cryptocurrencies […]

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Goldman Sachs Announces New Bitcoin Investment Option for Wealthy Client

Goldman Sachs has announced that it will be offering its private wealth management clients exposure to Bitcoin (BTC), Bitcoin derivatives, other cryptocurrencies, and traditional investment vehicles. The bank noted that the new investment option would be available to its wealthy customers in the next three months. Clients will get educated about blockchain technology and the […]

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Argo Blockchain to Pursue Renewable Energy-Based Mining Pool as Bitcoin Value Increases

Argo Blockchain has announced its plans to construct the world’s first clean energy Bitcoin (BTC) mining pool. The London-based company revealed that it was partnering with DMG Blockchain Solutions to carry out the pioneering task. The environmental concerns of Bitcoin mining activities have always been a concern for many critics, given the hefty electrical requirement […]

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Glassnode Report Shows that Small Account Bitcoin HODLing is on the Rise

On-chain analytics provider, Glassnode, has reported that addresses holding 0.1 to 1 Bitcoin (BTC)—which it fondly calls “Sat Stackers’’—have seen a significant spike since March 2020’s cryptocurrency market crash. However, the firm also warned that its on-chain metric shows that the bull market could be entering its late stages. Glassnode explained that Sat Stackers have […]

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