Tag: COIN:MATICUSD
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Crypto This Tuesday: Crypto Aid Israel Launched, Binance Freezes Hamas Accounts, and More
Bitcoin maintains stability amid the war between Israel and Hamas Although crypto markets suffered a 2% drop on Monday as the Israel-Palestine conflict created geopolitical uncertainty, Bitcoin (COIN:BTCUSD) remains remarkably stable. The price of Bitcoin saw few significant fluctuations during the escalation of violence, defying previous predictions. While geopolitical tensions have historically influenced markets, Bitcoin has appeared…
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Crypto This Monday: Cryptos In Decline, Binance Launches Copy Trading in Futures, and More
Cryptocurrencies fall with risk aversion but hold key positions On Monday, Bitcoin (COIN:BTCUSD) and other cryptocurrencies experienced declines due to risk aversion in global markets. Bitcoin dropped more than 1% in the last 24 hours, reaching around $27,632 after hitting $28,000 over the weekend. Despite the decline, Bitcoin remains above the $26,000 range and is…
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Crypto This Thursday: TVL on Solana Rises 40%, Marathon Digital Increases Monthly Production, and More
Shocking revelations in the Sam Bankman-Fried trial, and threat of confiscation of luxury jets In the trial of former CEO of defunct cryptocurrency exchange FTX, Sam Bankman-Fried, the prosecution plans to call two of the defendant’s close associates to testify. Among the witnesses are Adam Yedidia, a close friend of SBF and former employee of FTX…
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Crypto this Wednesday: BTC Maintains Stability; Reaction to Moonbeam, Tellor and Bone Tokens, and more
Bitcoin maintains stability amid market turmoil Despite the turmoil in conventional markets and the decline in stocks on Tuesday, Bitcoin (COIN:BTCUSD) and other cryptocurrencies remained largely stable or saw small increases on Wednesday. This could signal a period of relative stability for Bitcoin or indicate concerns for the crypto market. Bitcoin, in particular, has remained around $26,000…
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Crypto This Monday: Ant Group Abandons Crypto Fund, Blockchain Capital Raises US$580 Million, and More
Ant Group withdraws from crypto fund after controversies Chinese fintech giant Ant Group is parting ways with crypto fund A&T Capital, which had a value of $100 million and focused on international crypto projects. A&T Capital, founded with the support of Ant Group in 2021, had already invested in renowned startups in the sector. Ant Group’s move…
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Crypto This Tuesday: Grayscale Win Boosts Crypto, Argo Blockchain Cuts Losses, and More
Court decision boosts Bitcoin and brings US closer to spot crypto ETF After a US appeals court instructed the SEC to review its denial of the Grayscale Bitcoin Trust to become an ETF, Bitcoin (COIN:BTCUSD) rallied 6.65% to hit $27,843.53. The market reacted positively, with Grayscale Bitcoin Trust rising 17% and other crypto assets posting gains. The…
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Crypto this Wednesday: SpiritSwap Closes Operations, Aptos Labs and Microsoft Partner, and More
Bitcoin teeters near $30,000 as investors watch US inflation Bitcoin approached $30,000 on Wednesday morning as investors await the US July Consumer Price Index (CPI). Core inflation, excluding food and energy, is expected to reach 0.4%, indicating lower inflation, which may reduce the chances of a Federal Reserve rate hike. Analyst Oliver Rust predicts a rise in…
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Crypto This Thursday: Bruce Lee into the Metaverse, Optimism trumps Arbitrum, and more
Bitcoin and Ether futures contracts on CME draw record participation from major traders In the second quarter, regulated bitcoin ( COIN:BTCUSD ) and ether ( COIN:ETHUSD ) futures on the Chicago Mercantile Exchange (CME) saw record participation from large traders. The average of large open interest holders for Bitcoin futures was 107, while for Ether it was 62. Institutional interest…
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Crypto This Monday: Binance Integrates Lightning Network, Crypto Investing in Q2, and More
Binance integrates Lightning Network for fast and cheap Bitcoin deposits Cryptocurrency exchange Binance has announced the integration of the Lightning Network, allowing Bitcoin holders to deposit their assets faster and cheaper. Lightning Network’s base fee is $0.04, while regular deposits reached $30 in May. Furthermore, transactions settle in less than a minute, compared to approximately 10 minutes…
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Crypto This Thursday: Binance Announces Hard Fork, Former Celsius CEO Arrested, and More
Europe prepares for the launch of the first Bitcoin ETF Europe is about to receive its first Bitcoin Exchange Traded Fund (ETF) after a twelve month delay. Jacob Asset Management Group initially gained Guernsey Financial Services Commission (GFSC) approval in October 2021, but has faced setbacks due to exceptional market conditions. The ETF, which was scheduled to…