Category Crypto

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Solana Attracts Investors

SOLANA (SOL) is currently the sixth-largest cryptocurrency in the world by total market capitalization at $57 billion. Moreover, Solana is now the number one cryptocurrency in terms of stakes, with over $82 billion in stakes on the network, representing 77.37%…

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Ethereum Ahead of Big Price Increase?

Raoul Pal, macro analyst, and former Goldman Sachs executive has expressed his belief that Ethereum, the world’s No. 2 crypto coin, will at least double by the end of the year. The comparison between Ethereum prices and Bitcoin prices in…

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Is Bitcoin Heading Into a Bear Market?

The cryptocurrency market was down sharply on November 16. Bitcoin (BTC) fell to its daily low of $58,553 or about 1.92 million baht. This represents a weekly minus of 10%. Altcoins also suffered sharp declines. Bitcoin has been trading below…

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Bitcoin Drops Below $60,000

Bitcoin continues to struggle to hold the $60,000 mark. BTC/USD fell 5.3% to $59,497.55. Bitcoins falls for no clear reason even as investors point to profit taking after the price jumped. The anticipated taxation of bitcoin holders was also blamed…

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Activity on Ethereum Grows by More than 50%

Ethereum reaches a new high with about 43% growth since October and keeps its value in the $4,000 range. The continuous increase in the value of the world’s second largest cryptocurrency leads to an increase in network activity as well.…

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Inflation Up – Bitcoin Down, Is This the End?

The inflation figures have shaken up the investment world this week. CPI has risen to 6.2% YoY in the month of October, which is now worrying even the top thinkers. The Fed vice-chairman stated last week that high inflation next…

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Bitcoins on the Exchanges at All-Time Low

Since August, the amount of bitcoin on crypto exchanges has declined, with no signs that this will stop. This shows investor confidence in the future of digital assets. Glassnode provides information on trading demand on central exchanges and found that…

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The End of Cash?

If CBDC and stablecoins rise, is this the beginning of the cash collapse? The COVID 19 pandemic has far-reaching implications for the world specifically for the economy and business operations. The main focus seems to be on the slow disappearance…

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SEC Denies Bitcoin ETF

The Securities and Exchange Commission (SEC) has rejected VanEck’s Bitcoin Spot ETF, according to the SEC’s published letter yesterday. Just recently, the SEC approved a Bitcoin Future ETF for trading. Officially, the SEC states that it has concerns about investor…

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