Tag: COIN:MATICUSD
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Semler Scientific Invests in Bitcoin, Riot Platforms Eyes Bitfarms Acquisition, and More Crypto News
Semler Scientific invests $40 million in Bitcoin Semler Scientific (NASDAQ:SMLR), a company specializing in health products, announced the acquisition of 581 Bitcoins for $40 million, highlighting digital currency as a promising investment and store of value. According to CEO Eric Semler, this strategy aims to protect the company against inflation and capitalize on the potential…
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Tether’s Division Restructure, Aptos-Microsoft DeFi Collaboration, and More Crypto News
Tether restructures to expand presence in the digital assets market Tether (COIN:USDTUSD), the developer of the world’s largest stablecoin by market value, is expanding into broader areas of digital assets. The company has created four new divisions to diversify its operations: “Tether Finance” to manage the USDT stablecoin, “Tether Power” focused on bitcoin mining investments,…
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BTC and ETH Suffer Sharp Decline on Tuesday; Key Crypto Market Events in April, and More News
Key events in the crypto market in April April promises to be a milestone for the cryptocurrency sector, bringing impactful events. We’ll see everything from the reduction in mining rewards for Bitcoin (COIN:BTCUSD) and Bitcoin Cash (COIN:BCHUSD), which affects coin supply and spurs speculative interest, to significant regulatory matters. The legal battle between the SEC…
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Crypto: Bitcoin Plummets, Grayscale Promises Lower Fees, and Latest News
Bitcoin’s fall affects market and traders with forecast of more instability Bitcoin (COIN:BTCUSD) faced a sharp decline in value over the last 24 hours, hovering around $64,329.32 at the time of writing. The negative movement, possibly intensified by the new adoption of Bitcoin ETFs, dragged along other cryptocurrencies and related assets. Amidst this volatility, optimistic…
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Crypto Market Witnesses Largest Drop in 2024; Fox and Polygon Collaborate on Blockchain Authentication, and More News
Crypto market faces biggest drop of the year The cryptocurrency market recorded its largest annual drop of 7%, led by an 8% decline in Bitcoin (COIN:BTCUSD), which triggered a widespread downturn. Bitcoin fell from a peak of $73,000 to a minimum price of $65,879.74, being quoted down -4.9% at the time of writing at $67,918.65.…
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Uniswap Skyrockets 55% with Incentive Proposal, Avalanche Confronts 4-Hour Shutdown, and More
Expiration of $3.6 billion in Bitcoin options could influence the market Today, around $3.6 billion worth of Bitcoin options contracts are set to expire on major derivatives exchanges, raising questions about possible impacts on the cryptocurrency’s value. The majority of these options reside on Deribit and CME, indicating significant speculation or hedging strategies against Bitcoin…
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Crypto: Mastercard and Swoo Pay Fuel Crypto Payments, Ether Soars Past $3K on Tuesday, and More
Ether surpasses US$ 3,000 driven by expectations of ETFs in the US For the first time in nearly two years, Ether (COIN:ETHUSD) exceeded US$ 3,000 on Tuesday, driven by the possibility of approval of Ether ETFs in the United States by May. Reaching a peak of US$ 3,003.40, the second-largest cryptocurrency by market value then…
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Bitcoin Surges Past $45K, Coinbase Spotlights $74 Billion Blockchain Savings, and Latest Crypto News
Bitcoin surpasses $45,000 on Thursday In the last 24 hours, Bitcoin (COIN:BTCUSD) has crossed the $45,000 mark, coinciding with the historical peak of US stock market indices. Fernando Pereira, an analyst at Bitget, shared his view on Bitcoin’s immediate future, highlighting two potential paths: “I see 2 possibilities for the short term in BTC. Failing…
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Crypto: Valkyrie Selects BitGo as Custodian, Chainlink Surges 35% in the Week, and More
ARK Invest sees Bitcoin at $2.3 million with asset diversification and market updates ARK Invest predicts that Bitcoin could reach $2.3 million with a reallocation of 19.4% of global assets. The report highlights Bitcoin (COIN:BTCUSD) as an attractive investment, with an annualized return history of 44% over the past seven years, outperforming other assets. ARK…
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Crypto: Tesla’s 4Q BTC Holdings, Final Ethereum Update Tests, and More
BTC price experienced a slight fluctuation following an optimistic US GDP report Bitcoin (COIN:BTCUSD) dropped by less than 1%, approaching $39,600, after the US reported a 3.3% growth in fourth-quarter GDP, surpassing expectations of 2%. While this growth was lower than the 4.9% seen in the previous quarter, it nearly matched December’s inflation rate of…