Tag: Digital Currency

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Bitcoin Price Surge: Retail Investors Driving Growth – Will It Rebound?

Bitcoin, the world's leading cryptocurrency, has experienced a recent price decline, falling below the $60,000 mark. This downward trend has continued over the past month, with Bitcoin losing nearly 10% of its value. Despite...
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Metaplanet Purchases 42,466 BTC: A Game-Changing Move – CoinJournal

Metaplanet, a Japanese firm, has made a significant move in the cryptocurrency space by purchasing 42,466 BTC, equivalent to $2.5 million. This purchase has increased Metaplanet's total Bitcoin holdings to an impressive 203,734 BTC,...
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Bitcoin’s Potential as Global Reserve Currency Amid Inflationary Pressure

US billionaire Mark Cuban believes that Bitcoin has the potential to become a global reserve currency amidst inflationary pressure and geopolitical uncertainty. Cuban, who supports Joe Biden for re-election, stated that factors such as...
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Bitcoin Price Drops Below $59K with $230M Crypto Liquidations

Bitcoin's price recently fell below $59,000 due to concerns about potential sell pressure from Mt. Gox repayments and potential miner sales. This drop also affected other major cryptocurrencies such as ether and Solana's SOL....
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Bitcoin’s Profitability: 97.9% Success Rate on 4,954 Days

Bitcoin has been proving its profitability over and over again since its inception, with a success rate of 97.9% on 4,954 trading days. This statistic, based on Glassnode data, showcases the consistent upward trend...
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X Drops Bitcoin Emoji During Bitcoin Conference, Surprising Community

Social media platform X, previously known as Twitter, has surprised the crypto community by seemingly discontinuing its support for the Bitcoin emoji, also known as a hashmoji or hashflag. When users type #bitcoin on...
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Bitcoin Critic Debunks ‘Institutional Demand’ Myth Amid Price Slump

Bitcoin Critic Questions Institutional Demand Amid Price DeclineRenowned Bitcoin critic Peter Schiff has raised doubts about the purported increase in institutional interest in Bitcoin, the leading cryptocurrency. Schiff's skepticism comes in the wake of...
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Introducing Tequila (JULIO): The Latest SOL Meme Coin Launching Soon

Tequila (JULIO) is set to make its debut on July 10, 2024, bringing the spirit of Mexico's beloved distilled liquor to the world of cryptocurrency. With a total supply of 100,000,000 tokens, 90% will...
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Bitcoin Price Prediction: VanEck Forecasts $2.9M by 2050

VanEck recently released a research report outlining a bold prediction for Bitcoin's future value. The firm suggested that Bitcoin could potentially reach a whopping $2.9 million per coin by 2050 in a base case...
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Bitcoin Price Surges to $67K as Miners Rally; XRP Leads Altcoins

The digital asset market experienced a significant turnaround on Monday as Bitcoin (BTC) recovered from an early decline to nearly $65,000 and surged to the $67,000 level within three days. This price level was...