The emerging blockchain industry lags behind the artificial intelligence sector in terms of job creation, but this hiring gap may narrow by 2030. Blockchain remains one of the smallest sectors in the tech industry, with about 300,000 global jobs, compared to 1.5 million in AI and machine learning and 25 million in software development, according…
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Bitcoin’s price trajectory may be suppressed ahead of its upcoming “omega candle” rally, according to Prince Filip Karađorđević, the hereditary prince of Serbia and Yugoslavia. In an April 24 interview with Simply Bitcoin, Filip said some market participants may be limiting Bitcoin (BTC) price action. “People are able to control the market to some extent,”…
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Analysts are criticizing the financial implications of US President Donald Trump’s import tariffs, a development that some say highlights Bitcoin’s unique economic properties during times of global uncertainty. Trump’s 90-day pause on higher reciprocal tariffs, reverting them to a 10% baseline for most countries except China, has exposed vulnerabilities in the US bond market, according…
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Investments in Bitcoin exchange-traded funds (ETFs) have rebounded to levels last seen in January, signaling a recovery in investor sentiment from concerns around global trade tariff escalations. US spot Bitcoin (BTC) ETFs had over $912 million worth of cumulative net inflows on April 22, marking their highest daily investment in more than three months since…
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Cryptocurrency firms and exchanges are increasingly moving into Wall Street territory, launching more traditional investment offerings and showcasing the growing synergy between crypto and traditional finance (TradFi). “There’s a growing synergy between traditional financial investments and the emerging crypto space,” according to Gracy Chen, the CEO of Bitget, the world’s sixth-largest crypto exchange. “Crypto players…
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Bitcoin is decoupling from the US stock market and starting to trade more like precious metals, in another signal of Bitcoin’s growing role as a safe-haven asset against global economic disruption. Bitcoin’s (BTC) price is showcasing its growing maturity as a global asset, becoming “less Nasdaq — more gold” over the past two weeks, according…
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Investors seeking Bitcoin exposure may be running out of time to purchase below a six-figure price, as US Treasury buybacks may signal the next leg up for the world’s first cryptocurrency. This might be the “last chance” to buy Bitcoin (BTC) below the $100,000 mark, according to Arthur Hayes, co-founder of BitMEX and chief investment…
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Japanese investment firm Metaplanet increased its Bitcoin holdings to more than $400 million after its latest purchase. Metaplanet acquired 330 Bitcoin (BTC) for $28.2 million at an average price of $85,605 per BTC, bringing its total holdings to 4,855 Bitcoin worth $414 million, according to an April 21 post from Simon Gerovich, the CEO of…
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Bitcoin holders are celebrating one year since the 2024 Bitcoin halving by praising BTC’s resilience amid a global trade war and suggesting an accelerated market cycle due to a growing institutional presence. The 2024 Bitcoin halving reduced block rewards from 6.25 Bitcoin (BTC) to 3.125 BTC, slashing new BTC issuance in half. Despite rising concerns…
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Whales and institutions are increasing their Bitcoin holdings ahead of Easter, as market analysts predict a weekend with less volatility after two weeks of heightened volatility driven by escalating global trade tensions. London-based investment firm Abraxas Capital acquired 2,949 Bitcoin (BTC) worth more than $250 million during the four days leading up to April 19.…
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