Tag: Cryptocurrency

news-05072024-215012

Title: Bitcoin and Solana Experience Huge Buying Pressure with FTX’s $16B Distribution Plan

In a recent development in the cryptocurrency world, FTX, the exchange previously run by Sam Bankman-Fried, who is now convicted, is set to distribute a massive $16 billion in cash to its customers. This...
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Cryptocurrency Market Update: CoinDesk 20 Index Plunged, All Assets Declined

The cryptocurrency market experienced a significant downturn recently, with the CoinDesk 20 Index plunging and all assets declining. This news comes as a shock to many investors who have been closely following the market...
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Polkadot Transaction Growth Surges by 33% Despite DOT Hitting Seven-Month Low

Polkadot, a popular cryptocurrency, has seen a significant increase in transaction growth despite its native token, DOT, hitting a seven-month low in value. The DOT token briefly fell below $5, its lowest value since...
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UK High Court Freezes Craig Wright’s Assets – CoinJournal

The UK High Court recently made a significant decision regarding the assets of Craig Wright, the Australian computer scientist who had previously sued Peter McCormack, an entrepreneur and podcast host. Peter McCormack had applied...
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XRP Price Analysis: Bullish 2014-2017 Pattern Holding Strong

XRP experienced a sharp decline in price, reaching a low of $0.38249 on Bitstamp amidst a broader downtrend affecting the altcoin market. This significant drop of 12.4% in the last 24 hours has put...
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Bitcoin Price Plummets After FTX Collapse and Mt. Gox Panic

Bitcoin's price recently took a hit, dropping to around $54,000, resulting in the fifth largest realized loss since the FTX collapse. The panic selling that ensued was primarily fueled by concerns related to Mt....
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Solana Price Prediction for Poodlana (POODL) Launch – CoinJournal

Cryptocurrency enthusiasts are closely watching Solana (SOL) as it navigates through a volatile market, hoping for positive signs despite recent challenges. The price of SOL has experienced fluctuations, currently sitting at around $123.46, reflecting...
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Is Bitcoin Near Bottom? Analysts Identify Signs of Capitulation as Prices Drop Below $58K

Samuel Edyme, also known as HIM-buktu, is a versatile web3 content writer, journalist, and aspiring trader. With a talent for words and a keen eye for trends, Edyme has written for various industry players,...
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Repaying Mt. Gox Creditors with Bitcoin and Bitcoin Cash: A Guide

Mt. Gox, the once-dominant cryptocurrency exchange, has finally begun repaying its customers after almost a decade of waiting. This news brings closure to many users who have been eagerly anticipating the return of their...
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Bitcoin Price Drops Below $57k Ahead of Poodlana Presale Launch

Bitcoin Price Drops Below $57k Ahead of Poodlana Presale LaunchBitcoin's price has taken a hit, dropping below the $57k mark for the first time since May 2024. The overall cryptocurrency market has been facing...