Tag: Market trends

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Crypto Market Anticipates Renewed Bullish Trend Post $10B Options Expiry

It's that time again when discussions about activity in the crypto derivatives take precedence. On Friday at 08:00 UTC, bitcoin (BTC) options worth $6.68 billion and ether (ETH) options worth $3.5 billion are set...
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NVIDIA Makes History as 12th S&P 500 Leader

NVIDIA has recently made history by becoming the 12th company to lead the S&P 500 index. This achievement is a significant milestone for the tech giant, as it now boasts a market cap of...
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Ether Price Surges Above $3.5K Before ETH ETF Trading, Inflow Worries Persist

Ether (ETH) saw a significant price increase, surpassing $3,500 as anticipation builds for the launch of U.S.-based spot exchange-traded funds (ETFs). However, concerns linger regarding the potential impact of Grayscale's $9 billion ETH Trust...
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Bitcoin Price Surges with BlackRock ETF Breaking Records in 2024

Bitcoin saw a significant surge on Wednesday, reaching a record high of $76,481, marking its fourth-best day of the year. This increase followed the U.S. presidential election victory of Donald Trump, who expressed support...
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Traders Shorting Bitcoin as BTC Price Reaches Record High

Bitcoin {BTC} hit a new all-time high above $110,000 on Thursday, causing around $500 million worth of derivatives positions to be liquidated. However, despite this bullish move, some traders remain skeptical. Trading volume surged...
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Is Donald Trump Protecting Bitcoin from Tech Stock Decline?

Since the market opened yesterday, the S&P500 has lost 1.8%, the tech-heavy Nasdaq-100 is down 3.0% and tech darling Nvidia (NVDA) has bled 5.3%. Normally, bitcoin follows stocks (especially tech stocks) on their...
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Ethereum Staking Thrives Amid Market Trends: Growth Outlook for 2024

Ethereum staking has been on the rise in 2024, defying market trends and showing robust growth. Despite the challenges faced by the asset's price, over 60% of Ethereum stakers are currently in profit. This...
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Ethereum Price Analysis: Impending Breakout After Consolidation?

My name is Godspower Owie, and I was born and brought up in Edo State, Nigeria. I grew up with my three siblings who have always been my idols and mentors, helping me to...
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RNDR Leads CoinDesk 20 Performance Update with 12% Gain

RNDR, a cryptocurrency, has taken the lead in the CoinDesk 20 Performance Update with an impressive gain of 12%. This news comes as a positive development for investors and enthusiasts in the cryptocurrency industry.CoinDesk,...
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Institutional Adoption of Bitcoin and Crypto Stocks: A Ripe Opportunity

Bitcoin and other cryptocurrencies are becoming more appealing to institutional investors, according to a recent report by brokerage firm Bernstein. The report suggests that there is still significant potential for institutional adoption of Bitcoin...