Tag: COIN:ETHUSD
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Crypto: BlackRock’s Bitcoin ETF Adaptation for Wall Street Banks, FIFA’s NFT Launch, and More
Bitcoin and cryptocurrencies show resilience after drop After one of the worst drops this year, Bitcoin (COIN:BTCUSD) and other cryptocurrencies showed a slight recovery, maintaining significant gains since April 2022. The anticipation of a Bitcoin ETF in the US and a favorable macroeconomic context, with signs of slowing inflation, have boosted values. US CPI inflation…
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Crypto: Monday’s Crypto Market Decline, MetaMask Expands Global Reach, and More
Bitcoin and Ether face declines with massive market sell-offs Bitcoin (COIN:BTCUSD) and Ether (COIN:ETHUSD) experienced significant drops today, with Bitcoin falling to $42,270 and Ether to $2,240, marking a significant low in the cryptocurrency market. This retracement resulted in massive liquidations, exceeding $94 million in Bitcoin, primarily in long positions. The global crypto market witnessed…
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Crypto This Thursday: FCA Warns Against Poloniex, Robinhood Debuts in EU, and More
US jobs report could heavily impact Bitcoin and markets Bitcoin’s recent rise was influenced by falling interest rates, which also benefited traditional markets. Recently, the cryptocurrency market has shown remarkable growth, with Bitcoin, the largest cryptocurrency, exceeding large companies in market capitalization such as Tesla (NASDAQ:TSLA) and Visa (NYSE:V). Bitcoin has reached a market capitalization…
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Crypto This Tuesday: BlackRock Receives $100,000 for Bitcoin ETF, Robinhood’s Trading Volume Grows 75%, and More
Rise of bitcoin and prospects Bloomberg suggests that Bitcoin’s recent surpassing of the $42,000 mark signals the beginning of a possible “super cycle” that could push its value beyond $500,000. This phenomenon is interpreted as a harbinger of significant transformations in the global financial system. The expectation surrounding the approval of a Bitcoin investment fund…
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Crypto This Monday: Bitcoin Surpasses 41K, Mantle Innovates with Ethereum Staking Protocol, and More
Investments in crypto assets reach new highs Asset managers such as CoinShares, Bitwise, Grayscale, ProShares, and 21Shares have reported an influx of $176 million in crypto assets in the last week, marking a total of $1.76 billion in 10 weeks. This period of inflows is the most significant since the launch of bitcoin futures-based ETFs…
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Crypto this Thursday: Robinhood Aims for British Market, MicroStrategy Expands Investment in BTC, and More
Divergent views: Bitfinex and Pereira analyze the impact of Fed policies and US GDP on Bitcoin’s future Analysts from Bitfinex and Bitget provide different perspectives on the future of Bitcoin (COIN:BTCUSD). While Bitfinex suggests that a pause in the Federal Reserve’s U.S. interest rate hikes at their December 13 meeting could attract more investments in…
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Crypto this Wednesday: Jack Dorsey’s Investment in Pool Ocean, Billionaire Legal Battle with Cristiano Ronaldo, and More
Bitcoin fluctuates near $38,000; expert analysis and forecasts by Fernando Pereira Bitcoin experienced a slight drop, retreating from its $38,000 mark on November 29 amid market uncertainty. Analysts like Keith Alan highlighted the potential for manipulation by major market operators. Concurrently, the financial community is turning its attention to the upcoming speech by Jerome Powell,…
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Crypto This Tuesday: Binance Delists Tornado Cash, Animoca Becomes Top TON Validator, and More
Volatile expectations with the approval of the Bitcoin ETF in the US Joshua Lim from Genesis Trading warns of potential volatility in the price of Bitcoin (COIN:BTCUSD) in 2024, coinciding with the possible approval of a Bitcoin exchange-traded fund (ETF) in the US. He notes that traders are already positioning themselves for this event, which…
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Crypto this Friday: Cryptocurrencies Reach New Highs, Kwon’s Extradition Approved, and More
Recovery and new records in the cryptocurrency market The cryptocurrency market showed a remarkable recovery on Friday. Bitcoin (COIN:BTCUSD) reached $38,253.20 at the time of publication, with a 7-day increase of 5.83%. Ether (COIN:ETHUSD) also exceeded expectations, crossing the $2,000 mark, up 3%, at $2,123.12, with a weekly gain of 8.20%. Meanwhile, Solana (COIN:SOLUSD) rose…
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Crypto this Tuesday: Circle Sets New USDC Standard, Binance and DOJ Near Billion-Dollar Settlement, and More
Binance and US DOJ negotiate billion-dollar deal in investigation The US Department of Justice is close to reaching a settlement of over $4 billion with Binance Holdings Ltd., amid a major investigation of the cryptocurrency exchange for money laundering, bank fraud, and sanctions breaches. Binance’s founder, Changpeng Zhao, faces the possibility of criminal charges in…