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Cryptocurrency News Articles
Bitcoin's Scarcity Is Driving Demand and Pushing Prices Higher
May 04, 2025 at 12:19 am
Benzinga - The scarcity of Bitcoin (CRYPTO: BTC) has been a subject of interest as the asset continues to accrue value.
This celebrated scarcity was brought into focus by Bitwise CEO Hunter Horsley, who highlighted rapidly shifting market dynamics.
"They're mining about 165k BTC this year. In Q1 alone, public companies bought 95k BTC. At this pace, there won't be enough Bitcoin for everyone who wants it. Interesting times," Horsley said on X (formerly Twitter).
In response to Horsley, Fundstrat Chief Investment Officer Tom Lee said that this dynamic may be accelerating, and the market dynamic is likely to put bullish pressure on the asset’s price.
"Hunter is right- interesting times indeed! But maybe the interesting times are *accelerating
. Last week, saw a few large BTC purchases (liabilities/claims):
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This is on top of the persistent demand from miners, ETFs (liabilities/claims) had a record week of inflows of $3.3B (liabilities/claims) and several institutions are buying on any dip (liabilities/claims)
Disclaimer:info@kdj.com
The information provided is not trading advice. kdj.com does not assume any responsibility for any investments made based on the information provided in this article. Cryptocurrencies are highly volatile and it is highly recommended that you invest with caution after thorough research！
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- Consensus 2026 Miami: Web3, Blockchain, Cryptocurrency, NFTs, Metaverse, Conference, May 5th — Where Wall Street Meets the Digital Frontier
- May 01, 2026 at 11:27 pm
- Miami buzzes as Consensus 2026 approaches on May 5th, highlighting Web3, blockchain, crypto, NFTs, and the metaverse's shift from hype to institutional and sustainable reality.
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- Bitcoin Miners Electrify the Grid: Ohio Gas Plant Acquisition Powers Up a New Era for Digital Gold
- Apr 30, 2026 at 10:38 pm
- The Bitcoin mining industry is undergoing a significant transformation, with major players aggressively expanding operations and strategically acquiring energy assets like Ohio gas plants to solidify their future in the digital economy.
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- Solana's Slippery Slope: Price Prediction Points to Resistance Loss and Potential Further Drops
- Apr 30, 2026 at 09:08 pm
- Solana is struggling to break key resistance, signaling potential downside. Repeated rejections at $86-$88, coupled with a broken short-term pattern, point to targets as low as $67, or even $40, as sellers maintain control. Investors should watch critical support levels closely.
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- NYC's New Beat: Staking Systems, USD1, and Governance Drive Crypto's Next Wave
- Apr 30, 2026 at 03:02 pm
- From lucrative USD1 earning events to robust governance models, the crypto sphere is buzzing with innovations reshaping how we engage with digital assets, focusing on long-term commitment and stablecoin utility.
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- OKX Unveils Agent Payments Protocol: Ushering in a New Era of AI Transactions
- Apr 30, 2026 at 02:53 pm
- OKX launches its Agent Payments Protocol (APP), an open standard for AI-driven commerce, enabling agents to manage full business cycles. Explore the implications for AI transactions and agentic payments.
