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The recent listing of Metis (METIS) on Binance has had a positive impact on the price of the cryptocurrency. This development comes at a time when the overall cryptocurrency market is experiencing a resurgence, with major cryptocurrencies like Bitcoin (BTC) reaching record highs. Binance’s continuous efforts to enhance its platform in response to market trends
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The surge in Bitcoin transaction fees has taken the market by storm, doubling in just one week as the market rallies towards the coveted $70,000 mark. While the upward trajectory of Bitcoin’s price is a contributing factor, the sudden rise in Ordinals transactions has played a significant role in this unprecedented surge. Ordinals transactions, which
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Since the approval of spot Bitcoin ETFs in mid-January, the cryptocurrency markets have experienced a significant surge of 60%. This surge has added a trillion dollars to the total capitalization of crypto assets. While Bitcoin reached a new all-time high during this period, Ethereum struggled to overcome the $4,000 level decisively. Fox Business correspondent Eleanor
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The recent surge in Bitcoin’s price to over $71,000 has been fueled by a combination of factors that have instilled confidence in investors and triggered a wave of buying across the cryptocurrency market. One significant factor contributing to this rally is the announcement made by the London Stock Exchange (LSE) to accept applications for the
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Russia, a member of the BRICS alliance, has made a groundbreaking announcement regarding the development of a new blockchain-based payment system. This system aims to transform trade settlements among BRICS member nations by providing an independent mechanism for conducting transactions. The alliance, comprised of Brazil, Russia, India, China, and South Africa, is collaborating to pioneer
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Nissan Motor Co. has recently delved into the world of immersive experiences by unveiling their latest project, the ‘Heritage Cars & Safe Drive Studio’. This innovative initiative, launched on March 7th, marks Nissan’s 90th-anniversary celebration, emphasizing their enduring commitment to their rich heritage and the paramount significance of safety on the road. The inaugural exhibition
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In a bold move, the Stanford Blyth Fund, a student-run investment organization at Stanford University, made a significant investment in Bitcoin (BTC) at the price of $45,000 in February. This decision came after a compelling presentation by Kole Lee, a computer science major and leader at the Stanford Blockchain Club. Following Lee’s pitch, the Blyth
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Bitcoin’s price is currently breaking the previous all-time high to the upside, reaching towards the $70K level. The upcoming targets for BTC in the coming months are believed to be the psychological resistance levels of $70K and $80K. Despite this positive momentum, the Relative Strength Index is displaying an overbought signal, indicating a potential correction
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The recent surge in Bitcoin’s price has caught the attention of investors around the world. With the price surpassing $70,000, it is clear that the bull run is far from over. One of the key indicators of this sustained growth is the fact that the federal funds rate for borrowing U.S. dollars has not yet
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The introduction of spot Bitcoin ETFs has caused a surge in trading volume, attracting new investors to the cryptocurrency market. This has created a sense of optimism that goes beyond just Bitcoin itself. However, despite this positive trend, the launch of a spot Ethereum ETF is still pending approval from the US Securities and Exchange
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Bitcoin has recently made headlines by surpassing the $70,000 mark, marking a significant milestone for the cryptocurrency market. The surge in price has sparked renewed interest and enthusiasm among investors, with many attributing the climb to the introduction of spot bitcoin exchange-traded funds (ETFs) in the United States. This surge demonstrates the growing confidence in
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The recent bullish weekend for Ethereum (ETH) has cryptocurrency enthusiasts celebrating as the world’s second-largest cryptocurrency by market capitalization experiences a price surge of 4.31% in the last day. The price of ETH is inching closer to a critical resistance point of $4,000, signaling optimism within the Ethereum community. This climb is fueled by a
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Bitcoin recently reached a new all-time high (ATH) of over $70,000, sparking excitement among investors and analysts alike. However, despite this impressive milestone, crypto analyst Michaël van de Poppe believes that there is still room for significant upside potential. In a recent X post, he mentioned that Bitcoin is “heavily undervalued” and that the value
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In the world of cryptocurrency investing, trends can shift quickly. One moment, investors are focused on a particular meme coin like dogwifhat (WIF), enjoying significant gains and all-time highs. The next moment, attention turns to a new ICO called Sponge (SPONGE), promising even greater returns of 1000% or more on investment. Sponge (SPONGE) has quickly
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There is a clear generational divide when it comes to the adoption and acceptance of cryptocurrencies, especially Bitcoin. According to financial analyst and strategist, Thomas Lee, Millennials and GenZ are more open to embracing cryptocurrency compared to Baby Boomers. This shift in attitude towards digital assets is evident in the increasing number of younger people
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In recent months, Coinbase, the prominent US-based cryptocurrency exchange, has experienced a significant increase in its market share. This surge can be attributed to the introduction of several spot Bitcoin exchange-traded funds (ETFs) in January. As a result, analysts at Goldman Sachs have upgraded their rating on Coinbase shares, shifting from selling to neutral. Additionally,
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The recent surge in the price of the Solana meme coin SMOG has caught the attention of traders, leading many to speculate whether it could follow in the footsteps of other successful meme coins like DogWifHat. With a significant 70% price increase, SMOG has seen a rapid ascent to a $287 million market cap valuation,
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A recent report has shed light on the substantial Bitcoin holdings of Elon Musk’s companies, Tesla and SpaceX. According to Arkham Intelligence, an AI-based blockchain analytics platform, Tesla made a significant investment in Bitcoin back in January 2021, purchasing around $1.5 billion worth of the cryptocurrency. Since then, the automotive company has engaged in several
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Several Ethereum-based altcoins have recently caught the attention of whales, as indicated by on-chain data. Whale activity, measured by the “whale transaction count,” reveals the total number of transfers valued at $100,000 or more happening on the network. This metric signifies the involvement of large entities capable of moving significant amounts in single transactions. Recent
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