Tag: NASDAQ:COIN
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Crypto: Safe Recovery Hub Revolutionizes Crypto Recovery, Bitcoin Stays Above $43,000, and More
Bitcoin rises moderately with surprising improvement in the US job market The latest data from the United States job market showed a notable improvement, with the unemployment rate falling to 3.7%, surpassing expectations of around 3.9%. Furthermore, there was a significant increase in non-farm payrolls, reaching 199,000, exceeding the forecast of 180,000. These indicators reflect…
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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 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 Thursday: Binance Billion-Dollar Settlement, HTX & Heco Chain Hacked, Plus Latest Updates
Penalties and changes in leadership at Binance after accusations Binance, a global leader in cryptocurrencies, faced serious accusations, resulting in a $4.3 billion settlement, one of the largest fines imposed in the US on a company. Its founder, Changpeng Zhao, admitted guilt, paying $50 million and resigning as CEO, being replaced by Richard Teng. The…
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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…
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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…