Business

Bhutan Pledges $1 Billion in Bitcoin to Support Development of Gelephu Mindfulness Town

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Bhutan has unveiled a national commitment for Bitcoin development that will allocate up to 10,000 Bitcoins. BTC$86,706.73valued at approximately $860 million at current prices, to support the development of Gelephu Mindfulness City. This commitment positions Bitcoin as a strategic national asset rather than a speculative holding, with officials exploring responsible approaches such as collateralization, treasury […]

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Bitcoin transactions tear apart the price safety net that BTC holders’ strategy has already violated

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This is a technical analysis article written by CoinDesk Analyst and Certified Market Technician Omkar Godbole. Bitcoin BTC$86,966.16 is trading near a crucial long-term price line that holds for three weeks, putting bulls on alert. However, shares of the largest publicly traded BTC holder, Strategy (MSTR), have already fallen below this “safety net,” signaling bearish

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Bitcoin slides with Ether and XRP as market tests $3 trillion floor

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The pullback in crypto markets continued on Wednesday, as overall capitalization fell below $3 trillion for the third time in a month, testing a level that could open the door to further weakness. Selling pressure has been concentrated on large-cap assets, particularly those with active ETF exposure, suggesting a shift in institutional positioning rather than

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Grayscale Outlines Two Factors Behind Its Bullish Crypto Outlook for 2026

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Grayscale said crypto markets will enter an institutional era in 2026, buoyed by macroeconomic pressures and regulatory clarity that it believes support a long-lasting bull market for digital assets. In its report titled “2026 Digital Asset Outlook: Dawn of the Institutional Era,” the asset manager argued that the familiar four-year crypto cycle linked to the

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Ripple-linked token’s fall below $1.93 is bearish in the short term

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XRP lost a key technical level after a failed breakout attempt, with heavy volume confirming a move toward near-term bearish control. News context XRP fell 2.6% in the past 24 hours from $1.95 to $1.90 as broader crypto markets showed signs of fatigue. The move follows several failed attempts to maintain momentum above recent resistance,

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Dogecoin breaks out of the range that kept it supported

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Dogecoin lost a key technical level following the Federal Reserve’s latest rate decision, with heavy volume confirming a near-term move toward bearish control. News context Dogecoin fell 5% during Tuesday’s session as crypto markets reacted to the Federal Reserve’s 25 basis point rate cut and cautious guidance from the Federal Reserve. While rates were cut

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