Tag: COIN:XRPUSD
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AKT Token Skyrockets on Upbit Listing, IBIT Holds Strong in Top 10 ETFs, and More Crypto News
Bitcoin halving may create significant supply-demand disparity Bitfinex analysts predict that the recent halving of Bitcoin mining rewards could result in demand up to five times greater than supply. The block reward has decreased from 6.25 BTC to 3.125 BTC, reducing the number of new coins available daily. With a potential daily supply of $30…
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Hong Kong Greenlights Bitcoin and Ether ETFs, Solana Rolls Out Key Upgrade, and More Crypto News
Hong Kong approves Bitcoin and Ether ETFs On Monday, Hong Kong regulators gave the green light for the launch of spot Bitcoin and Ether ETFs, asset managers announced, following the trend set by the US earlier this year. Approvals came from three fund managers, including ChinaAMC, which also plans to offer virtual asset management services,…
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Crypto: Cardano Implements Critical Updates, dYdX Faces Disruption, and More
Cardano prepares for significant updates with Chang and Ouroboros Leios Charles Hoskinson, co-founder of Cardano (COIN:ADAUSD), expresses his excitement for two critical updates: the Chang hard fork and the Ouroboros Leios consensus mechanism, aimed at enhancing the network in response to community demands. The Chang hard fork is a step towards more community governance, granting…
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Crypto: SBF Sentenced to 25 Years, DOGE and BCH Surge on Thursday, and More
Sam Bankman-Fried receives 25 years in high-profile trial Sam Bankman-Fried, founder of FTX, was sentenced to 25 years in prison, a verdict delivered by a court packed with spectators, marking a critical moment in the legal examination of the cryptocurrency sector. To be released at age 57, his conviction highlights the complexities and risks of…
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SWIFT Innovates in CBDC Solutions, SEC Imposes Billion-Dollar Fine on Ripple Labs, Tether Ventures into AI, and Latest News
Bitcoin swung to over $71,000 in anticipation of the halving Bitcoin (COIN:BTCUSD) climbed to over $71,000 on Tuesday morning, marking a weekly peak, as we approach the anticipated block reward halving. After briefly hitting the mark of $71,582.96, the price retreated and stabilized around $70,181.55 at the time of writing. The appreciation comes amidst a…
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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: Phishing Hack Strikes MicroStrategy, Malicious Code Compromises Tornado Cash, and More
MicroStrategy hit by phishing scam on X; continues Bitcoin portfolio expansion MicroStrategy’s account on X (formerly Twitter) was compromised, disclosing a fake airdrop of an MSTR Ethereum token in the early hours of February 26. PeckShield alerted to a phishing link in the announcement, leading to a fake website. Although the post was deleted, MicroStrategy…
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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: SEC Postpones Ether ETF Decision, Hut 8 Leadership Transition, and Latest News
Bitcoin on the brink of a breakout with $535 million at stake Bitcoin (COIN:BTCUSD) shows signs of stabilization in a narrow range, suggesting an imminent breakout. There is notable accumulation at strong support levels, reflecting a robust base for potential upside. However, for a significant uptrend, it is crucial to overcome resistance at $43,800. Analysis…
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Crypto: Robinhood and MetaMask Join Forces, XMR and MULTI Plummet on Tuesday, and More
Innovative partnership between Robinhood and MetaMask makes crypto buying easier The partnership between Robinhood (NASDAQ:HOOD) and MetaMask brings an exciting development to the cryptocurrency market in the United States: the integration of Robinhood Connect with MetaMask’s Buy Crypto aggregator. This collaboration aims to simplify the cryptocurrency purchasing experience for Robinhood users, combining the cost efficiency…