Tag: COIN:BTCUSD
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Crypto this Monday: Bullish Acquires CoinDesk, Santander Launches Swiss Crypto Services, and More
Javier Milei, bitcoin supporter, wins presidential election in Argentina Javier Milei was elected president of Argentina after Sergio Massa admitted defeat on Sunday night, with Milei securing 56% of the votes. Milei’s victory, known for criticizing the central bank and supporting bitcoin, influenced the cryptocurrency market, raising bitcoin (COIN:BTCUSD) by 2%, to $37,150. Milei advocates…
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Crypto this Friday: AVAX and NEAR Lead Gains This Week, Sushi Integrates BTC with ZetaChain, and More
AVAX and NEAR lead weekly gains In the last week, the tokens AVAX from Avalanche (COIN:AVAXUSD) and NEAR from Near Protocol (COIN:NEARUSD) registered significant gains, with AVAX rising almost 60% and NEAR increasing more than 23%. The growth of AVAX can be attributed to its inclusion in the Project Guardian of the Monetary Authority of…
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Crypto This Thursday: SEC Delays Hashdex, Grayscale ETFs, Binance Thailand Launch, and More
Bitcoin faces a retreat after Wall Street opening Bitcoin (COIN:BTCUSD), with a price of $36,407 in the last 24 hours, experienced a significant drop after the opening of Wall Street on November 16, repeating past price movement trends. There was a reduction of over $1,000 in a day, following previous patterns of lows and sell-offs.…
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Crypto this Tuesday: MOON Soars, Disney Reinvents NFTs with Dapper Labs, and More
Crypto market reaction to the slowdown of inflation in October The latest data indicates an unexpected drop in the annual US inflation rate in October. Contrary to expectations of 3.3%, inflation came in at 3.2%, showing a reduction compared to September’s 3.7%. Similarly, core inflation, excluding volatile food and energy prices, reached 4%, below the…
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Crypto This Friday: JPMorgan Launches Programmable Blockchain Payments, Solana reaches $50, and More
JPMorgan launches programmable payments via blockchain JPMorgan (NYSE:JPM), through its Onyx unit, has introduced programmable payments into its blockchain-based payment system, JPM Coin. This innovation enables automatic transactions following predefined rules, optimizing treasury functions for institutional clients. Initially launched with Siemens AG (TG:SIE), the service promises to increase fund efficiency and availability, operating continuously, even…
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Crypto This Thursday: BlackRock Registers iShares Ethereum Trust, Ethereum Surpasses $2,000, and More
Bitcoin’s volatility reflects significant price and market capitalization fluctuations Bitcoin (COIN:BTCUSD) once again exhibited its well-known market instability, briefly reaching the $38,000 mark before retreating to around $36,500. This movement was mirrored by its market capitalization, which saw an increase from $715 billion to $740 billion before regressing to the initial level. It’s worth noting…
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Crypto This Tuesday: ORDI Skyrockets 72% Post-Binance Listing, Ava Labs Trims Workforce, and More
Evidence of altseason and recovery in the cryptocurrency market The cryptocurrency market is beginning to rebound after turbulence, such as the FTX incident. Experts like Fernando Pereira from Bitget predict an advance, particularly in altcoins. “One of my favorite indicators for identifying an altseason (a market moment when altcoins appreciate more than BTC) is the…
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Crypto This Monday: XRP Hits 3-Month High, Telegram to Launch Crypto Wallet, and More
Bitcoin maintains gains on hopes of favorable monetary policy Bitcoin (COIN:BTCUSD) and other cryptocurrencies remained stable after a recovery, with optimism that the Fed may stop raising interest rates. Bitcoin fluctuated slightly, staying above $35,000, far from the lows of May 2022, reflecting an increase of about 30% in weeks. Confidence is returning to the…
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Crypto This Friday: SBF Convicted of Fraud, Block and Coinbase Exceed 3Q Estimates, and More
Sam Bankman-Fried convicted of fraud Sam Bankman-Fried, founder of FTX, was quickly convicted of massive frauds, with the jury deliberating in less than a day. Tried in Manhattan and presided over by Judge Kaplan, he faces up to 20 years per charge. This legal milestone highlights the seriousness of his illicit actions and their broad…
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Crypto This Tuesday: Record-Breaking Profitable BTC Addresses, Tether Bolsters Reserves in Q3, and More
Bitcoin maintains stability after changes in the Bank of Japan’s liquidity policy Bitcoin (COIN: BTCUSD) is trading at around $34,300 following changes in the Bank of Japan’s (BOJ) approach to its “yield curve control” (YCC) program. The BOJ has chosen to consider the 1% limit for 10-year government bonds as a reference instead of a…