Cryptocurrency – NATURALDEPOSIT

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Bitcoin Surges Past $44,000, Anticipation Grows for US Approval of Spot Bitcoin ETF

In a significant uptick, the price of bitcoin surged above $44,000, marking its highest valuation since April 2022, as reported by Coin Metrics this morning (Dec. 6). This rally has been propelled by investors’ anticipation of the United States greenlighting the establishment of a Spot Bitcoin ETF in the early months of next year. The …

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Bitcoin’s Projected Surge to $100,000 in 2024: Fed Cuts and Potential Spot Bitcoin ETF Fuel Optimism

Crypto

Amidst a landscape of fluctuating fortunes for cryptocurrencies, industry insiders are voicing newfound optimism about Bitcoin’s trajectory. Forecasts indicate that Bitcoin’s value is poised to breach the significant $100,000 threshold in 2024. This surge is anticipated to be bolstered by a convergence of factors, including potential interest rate cuts by the Federal Reserve (Fed), the …

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Ferrari Breaks New Ground by Welcoming Cryptocurrency Payments for Luxury Cars in the US

News

In a bold and innovative leap, Ferrari NV, the renowned Italian luxury car manufacturer, has officially introduced the option of cryptocurrency payments for luxury sports cars to its esteemed American clientele. This pioneering move marks an exciting stride in the realm of high-end automobile purchases, with forthcoming plans to extend this digital currency acceptance to …

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Bitcoin’s August Trading Volume Hits a Nearly 5-Year Low as Investor Activity Slows

Crypto

Recent data from CryptoQuant, a prominent market analytics provider in the cryptocurrency space, reveals a significant decline in Bitcoin trading volume throughout the month of August. In a surprising shift, the trading volume for Bitcoin has reached its lowest point in nearly five years, reflecting a cautious approach from investors who appear to be waiting …

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Big Boss OpenAI Unveils ‘Worldcoin’ Crypto Project; WLD Token Sees Soaring Surge

News

Yesterday (July 24), Worldcoin, the innovative cryptocurrency project founded by OpenAI CEO Sam Altman, officially made its debut, generating significant buzz in the crypto community. The project’s primary offering centers around “World ID,” a groundbreaking concept designed to verify a user’s identity as a genuine human being rather than an AI-driven bot. With the introduction …

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Coinbase Stocks Plunge as US Bans Unauthorized Business Operations

News

The stock price of Coinbase Global Inc, the largest cryptocurrency trading platform in the United States, experienced a sharp decline in trading on Wall Street following the filing of a lawsuit by the US Securities and Exchange Commission (SEC). Coinbase’s stock dropped by 15.46%, reaching $49.63. The SEC lodged the lawsuit against Coinbase in New …

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Bitcoin Rebounds 65% Despite Turbulent Crypto Market

Crypto

The cryptocurrency industry has faced significant challenges in recent months, including the bankruptcy of several crypto companies and the arrest of FTX Founder, Sam Bankman-Fried. Additionally, Binance, the world’s largest cryptocurrency company, is currently facing a lawsuit filed by US regulators. However, amidst this turbulence, Bitcoin, the largest cryptocurrency, has managed to rebound and is …

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Bitcoin Soars More Than 3% as Microsoft-Alphabet Shares Soar on Bright Results

Crypto

The price of bitcoin and other cryptocurrencies experienced a significant rise early this morning, driven by the soaring share prices of major technology companies Microsoft and Alphabet, after both companies revealed stronger-than-expected results. Bitcoin surged by 3.45% to $28,337.13, while ether, another popular cryptocurrency, rose by 2.1% to $1,869.46. Jung-Yu Ma, an analyst at BMO, …

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Crypto Stocks Surge Ahead of Wall Street Opening; Bitcoin Surpasses $30,000

Crypto

Cryptocurrency-related stocks experienced a significant rally ahead of the opening of Wall Street today, with shares of Coinbase Global Inc, Riot Platforms Inc, and Marathon Digital Holdings Inc all surging by 3.0-4.2%. Bitcoin, the most well-known cryptocurrency, also rose above $30,000 for the first time in 10 months, supported by investor concerns over the crisis …

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Bitcoin Surpasses $30,000 Amid Easing Concerns About Banking Sector, Investors Aggressively Buy

Crypto

Bitcoin, the world’s most popular cryptocurrency, surged above $30,000 this morning, driven by investor optimism after signs of the crisis in the US banking sector beginning to subside. The price of Bitcoin rose by $1,985.33, or 7.02%, reaching $30,331.57. Investors are showing renewed interest in cryptocurrencies, including Bitcoin and Ether, as concerns about the banking …

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