Crypto

Bitcoin has witnessed a remarkable surge, sustaining its momentum for three consecutive days, closing in on the pivotal $100,000 mark. As of early Thursday, this powerhouse cryptocurrency reached $99,478.4, marking an increase of 2.5%. This rally can be largely attributed to the recent U.S. inflation data that has fueled broad market optimism. On Wednesday, Bitcoin
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In December, the United States presented a surprising twist in its economic narrative with the announcement of the Consumer Price Index (CPI), which recorded a 0.4% increase after seasonal adjustments. This spike exceeded forecasts set at 0.3%, igniting discussions about the health of the economy and its implications for future financial policies. Not only did
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In the world of cryptocurrency, few entities have been as steadfast in their commitment to Bitcoin as MicroStrategy, led by Michael Saylor. Recently, Saylor communicated through his social media platform about the company’s performance in Bitcoin investments, highlighting an impressive weekly profit of 1,440 BTC. With a current Bitcoin price hovering around the $96,000 mark,
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In the ever-volatile world of cryptocurrency, significant transactions can stir speculation and concern among investors. Recently, an on-chain data provider revealed that a staggering 1,850 Bitcoin (BTC) worth approximately $175.7 million was transferred to the popular cryptocurrency exchange Binance. This dramatic movement was linked to a somewhat enigmatic entity—dubbed a crypto whale—a player that is
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In the fluctuating world of cryptocurrency, Bitcoin continues to be a focal point for traders and analysts alike. Recently, veteran trader Peter Brandt raised a vital question regarding the future trajectory of Bitcoin, suggesting that the leading cryptocurrency may be poised for another significant price movement. Brandt’s tweet concerning a potential shakeout phase emphasizes the
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In the last day, the cryptocurrency market witnessed an astonishing movement of approximately $903 million in Bitcoin (BTC) through a variety of transactions. This surge raised eyebrows and fostered speculation among investors and analysts about the underlying motives for such significant transfers. Whale Alert, a blockchain data tracker, identified ten notable transactions, indicating a flurry
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The shifting landscape of the corporate world is witnessing a growing interest in cryptocurrencies, particularly Bitcoin. Recently, a significant development arose when a shareholder proposal was put forth to Meta Platforms Inc. (NASDAQ:META) advocating for the inclusion of Bitcoin in the company’s treasury. This initiative could mark a pioneering moment for both Meta and the
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Matador Technologies Inc. (NASDAQ: MATA) has made headlines by announcing its membership in the “Bitcoin for Corporations” initiative as of January 1, 2025. This program, introduced by MicroStrategy Inc. in collaboration with Bitcoin Magazine, aims to facilitate a smoother transition for corporations looking to integrate Bitcoin into their operational framework. By aligning with this initiative,
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On January 10, 2025, Bifrost made headlines by integrating its innovative liquid staking token, vDOT, into the Hydration Money Market. As Polkadot’s leading liquid staking asset, this development marks significant progress in the DeFi space, reflecting growing interest and demand. Within just 15 hours after deposits became available, vDOT not only reached a staggering supply
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