Tag: Cryptocurrency

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MicroStrategy Acquires 27,200 BTC for $2B; Bitcoin Profits Reach $11B

MicroStrategy, led by Michael Saylor, has made headlines once again by acquiring a substantial amount of Bitcoin. The company, known for being the largest corporate holder of Bitcoin, recently purchased an additional 27,200 BTC...
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Coinbase Stock and App Rankings Surge with Crypto Market Rebound

Coinbase, the leading cryptocurrency trading platform in the United States, has experienced a significant increase in its stock value, surpassing $300 for the first time since November 2021. This surge, amounting to an 11%...
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Record $31.3B Inflows in Digital Asset Funds with Bitcoin Leading Charge

Digital asset funds have seen an incredible influx of $31.3 billion, setting a new record. The total assets under management globally have reached $116 billion, indicating a growing confidence in the market. CoinShares reported...
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FTX Lawsuit Against Binance and Former CEO CZ for $1.8 Billion

Bankrupt crypto exchange FTX has taken legal action against rival Binance and former Binance CEO Changpeng "CZ" Zhao over an alleged fraudulent repurchase of shares by FTX's former CEO, Sam Bankman-Fried.Bankman-Fried negotiated to buy...
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Solana Surges to Nearly Three-Year High, Joins $100B Club

Solana's native cryptocurrency, SOL, reached a significant milestone recently, hitting a nearly three-year high of $212. This surge came as bitcoin also soared to new record prices, fueling a broader crypto rally following key...
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Polymarket: Vital Source of Information, According to Buterin

Ethereum co-founder Vitalik Buterin recently highlighted the significance of platforms like Polymarket in providing valuable information through prediction markets. Buterin introduced the concept of "info finance," which involves designing markets to extract information from...
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Choosing Between USDT and USDC: Important Factors to Consider

Stablecoins like USDT and USDC have become essential components of the digital finance world due to their stability and 1:1 peg to the US dollar. As their use for everyday transactions continues to grow...
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TRON DAO Gold Sponsor at Binance Blockchain Week Dubai

TRON DAO recently participated as a Gold Sponsor at the Binance Blockchain Week 2024 event in Dubai, showcasing its position as a prominent player in the digital payments sector. The event, which took place...
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TRON Memecoin Boom: SunPump, $SUNDOG, and Nexmate.AI Growth Ecosystem

TRON's memecoin ecosystem is flourishing with the help of platforms like SunPump and $SUNDOG, as well as innovative projects like Nexmate.AI. These platforms are driving engagement and supporting creators within the TRON ecosystem, leading...
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Bitcoin Mining Industry Sees 13% Production Increase in October

Bitcoin miners are not letting the increasing mining difficulty slow them down as they continue to increase their production levels. Despite the challenges posed by the rising difficulty, the top 11 Bitcoin mining companies...