Tag: Cryptocurrency market

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Binance Research Warns Memecoins Pose Risk Amid Fundamental Innovation Frenzy

Binance Research recently released a report raising concerns about the risks associated with memecoins in the current market. The report highlighted that a staggering 97% of these tokens have either failed or become inactive...
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Tokenized Treasuries vs Stablecoins: JPMorgan’s Perspective on Blackrock’s BUIDL

JPMorgan recently released a research report stating that tokenized treasuries are unlikely to fully replace stablecoins in the crypto market. While it is possible that tokenized treasuries could eventually replace a significant portion of...
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Scroll’s SCR Token Market Cap Reaches $212M Amid Volatile Trading

Scroll's native governance token, SCR, made a splash in the market with a market cap of $212 million and a fully diluted value of $1.1 billion. Despite an initial trading price of $1.40, the...
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Debunking ‘Paper Bitcoin’ Myths: Insights from Brian Armstrong and ETF Experts

Rumors surrounding Coinbase and BlackRock were swiftly debunked by industry experts this past week, putting an end to speculation about potential market manipulation. The accusations stemmed from crypto analyst Tyler Durden, who alleged that...
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Analysis: Short-Term Holders Hold 2.5M BTC at Loss

Short-Term Holders Hold 2.5M BTC at LossRecently, it has been reported that short-term holders of Bitcoin are currently holding 2.5 million BTC at a loss. This news has sparked interest and concern among the...
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Navigating Short-term Bitcoin Investing: How to Avoid Panic Selling

Short-term Bitcoin investors are currently facing challenges as the average price for short-term holders stands at $64,860. This could lead to panic selling if there is another significant sell-off in the market. The latest...
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Santa Monica Bitcoin Office Boosts Cryptocurrency Adoption in California

The city of Santa Monica in California has taken a significant step towards embracing cryptocurrency by launching a Bitcoin Office. The main objectives of this office are to educate the local community about Bitcoin...
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DTX Exchange Raises $1.2 Million, Cryptocurrency Market Turns Green

DTX Exchange Raises $1.2 Million, Cryptocurrency Market Turns GreenCryptocurrency prices made a strong recovery this week after concerns about the Japanese yen faded. Following a sharp decline on Monday, most cryptocurrencies saw double-digit gains....
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Bitcoin Volume Hits Record High After FTX Collapse: What It Means

Bitcoin trading volume surged to a record high following the collapse of major cryptocurrency exchange FTX. This development has raised questions about the future of the digital currency and what it means for investors.The...
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Bitcoin Profitability Before and After Halving: A Detailed Analysis

Bitcoin's profitability has been a hot topic of discussion recently, especially with the upcoming halving event. According to recent data, the percentage of Bitcoin addresses in profit hit 100% before the halving but fell...