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The buzz around Argentina’s Bitcoin adoption is being called into question. An official from El Salvador, the first country to adopt Bitcoin as legal tender, suggests that reports of Argentina’s Bitcoinization are exaggerated. Experts are urging caution. They highlight the difference between casua

Bitcoin's price saw a surprising 5% drop over the past few days, catching many traders off guard. However, analysts suggest this is merely a healthy pullback. Here’s why. The leading cryptocurrency fell from a high of $71,680 on May 21 to an intra-day low of $67,550 on May 27. Independent analyst

Bitcoin spot ETFs have hit a significant milestone, holding over 1 million BTC. As of May 24, more than 30 Bitcoin ETFs collectively own 1,002,343 BTC, worth about $70.5 billion. This represents approximately 5% of the global circulating BTC supply. The surge in Bitcoin spot ETFs, particularly in t

Billions in Bitcoin linked to the defunct Mt. Gox exchange have been transferred to an unknown wallet. On May 28, a series of transactions moved 75,021 BTC, worth approximately $5 billion, sparking speculation and market reaction. Some analysts even think the move might have led to the recent Bitcoi

Bitcoin's latest rally seems to be losing momentum. Trading below $72,000, the cryptocurrency is up about 20% from May 2024 lows. However, analysts are concerned about the sustainability of this uptrend. One analyst on X noted that this might be the weakest bull run in Bitcoin's history. The Market