Tag: United States

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Bitcoin Price Prediction Post-Election: $140K Break or Reversal?

Bitcoin has been on a wild ride since the recent U.S. presidential elections, surging past previous highs to reach $73,000 in March. The big question now is whether this upward trend will continue or...
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IREN Stock Price Surges Due to Hyperscaler Interest and Potential Bitcoin Dividend

IREN's stock price experienced a significant surge of 30% following discussions about the company's fiscal first-quarter earnings on a conference call. This increase was primarily driven by the revelation that IREN had garnered interest...
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Stablecoin Market Cap Reaches All-Time High in Over 2 Years

The stablecoin market cap has reached an all-time high, surpassing the previous record set over two years ago. Tether's USDT remains the dominant force in the market, controlling over 50% of the market share...
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Short-Term BTC Movement to Exchanges Signals Local Bottom: Van Straten

Bitcoin has been experiencing a lot of volatility recently, with the price dropping from nearly $100,000 to almost $90,000 in a 10% correction. This has led to short-term holders, those who have held bitcoin...
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Achieving Homeownership Dreams: How Crypto Windfalls Are Helping Low-Income Americans

Low-income Americans are turning their crypto windfalls into opportunities for homeownership, according to a recent report from the Office of Financial Research. The report shows that in areas where a high percentage of households...
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Ethereum DeFi Hits 2-Year High with $80B TVL, Surpasses USDT

Ethereum's decentralized finance (DeFi) ecosystem has reached a significant milestone, with its total value locked (TVL) hitting an impressive $80 billion. This marks a two-year high for Ethereum, showcasing its dominance in the DeFi...
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Cryptocurrency Market Update: Bitcoin (BTC) Drops 2.5% and Ether (ETH) Falls 4.7%

Bitcoin and Ether, two of the most popular cryptocurrencies, experienced a slight dip in their prices according to the latest market update. Bitcoin dropped by 2.5%, while Ether fell by 4.7%. The overall market...
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Bitcoin Price Plunge: Thanksgiving Massacre Repeat?

Bitcoin's price has taken a sharp dip recently, reminiscent of the Thanksgiving 'Massacre' that occurred in 2020. Back then, in just over 24 hours, Bitcoin plummeted by 17%. This year, on November 26, 2024,...
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Bitcoin Options Expiring: $9B Value, Traders Eye Post-Thanksgiving Volatility

The cryptocurrency market is expected to experience increased volatility at the end of this week, as the monthly options contracts for Bitcoin (BTC) and Ethereum (ETH) are set to expire on Friday. This timing...
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Ethereum Layer 2 Solutions Drive Surge in Blob Usage

Ethereum, a popular blockchain platform, has seen a significant increase in the usage of a new data management tool called "blobs." These blobs were introduced earlier this year as part of the Dencun upgrade,...