Tag: Cryptocurrency trends

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Bitcoin as Reserve Currency Criticized by Former US Treasury Secretary

Former US Treasury Secretary Larry Summers has stirred controversy with his recent comments criticizing the idea of Bitcoin becoming a national reserve currency. In an interview with Bloomberg, Summers dismissed the notion of a...
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Boosting Solana Transactions: Proposed Block Compute Increase

Solana Proposes Block Compute Increase to Boost TransactionsSolana, a popular blockchain network, is looking to enhance its transaction capabilities through a proposed block compute increase. The network developers have suggested raising the block compute...
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Bitcoin: Digital Gold vs Dollar Competitor – Powell’s Perspective

Bitcoin: Digital Gold vs Dollar Competitor - Powell's PerspectiveFederal Reserve Chairman Jerome Powell recently shared his perspective on Bitcoin, debunking the idea of it as a replacement for the U.S. dollar and instead likening...
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New Title: Key Resistance Levels to Watch Above $73.7k All-Time High

After nine months of trading within consistent price channels, Bitcoin is threatening to break out above a new all-time high of $73.7k and enter true price discovery. My price channels have been noted for...
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Bitcoin Hashrate Reaches Record High with Publicly-Listed Miners’ Dominance

The bitcoin network has seen a significant increase in hashrate, surpassing 700 EH/s for the first time. This marks a 6% growth in the past week, indicating a strong uptrend in mining activity. Hashrate...
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Bitcoin Price Surges Past $65K, Analyzing Growth Compared to Previous U.S. Election Cycles

Bitcoin has surged past the $65,000 mark, experiencing a 4% increase in just 24 hours. This rise is attributed to positive movements in the S&P 500 and expectations of stimulus in China. The trading...
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Tether Invests $3 Million in Kem to Boost USDT Adoption

Tether, the leading stablecoin issuer, recently made a strategic investment of $3 million in the Kem app to increase the adoption of its stablecoin USDT. This investment aims to help Tether reach new markets...
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Bitcoin’s Future Brightens as Key Stablecoin Metric Hits 18-Month Low

Bitcoin has shown resilience in the face of recent market volatility, quickly bouncing back to nearly $60,000 after a drop below $50,000 last week. This recovery is supported by a key metric called the...
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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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Poodlana Token: Don’t Miss Your Chance to Invest in 2024’s Hottest Crypto

Cryptocurrency prices saw a significant increase at the end of the week, with Bitcoin bouncing back from Monday's losses and rising from about $49,000 to over $60,000. Solana and Sui also experienced jumps in...