Category: Markets
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Crypto Economy Shaves $100 Billion, Digital Asset Markets Recover Some Losses
Digital currency markets have dropped in value during the last two days as more than $100 billion was shaved off the entire crypto market valuation. Bitcoin slid to the lowest point of the year at $28,800 per unit on Thursday afternoon, and a number of other crypto-assets saw significant losses as well. Currently, as digital…
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Ethereum’s Road to $2K: 3 Reasons to Be Bullish
Ether recently broke above $1,400 for the first time in two years. Here are three events that could push the price even higher.
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Bitcoin price bounces above $32K as MicroStrategy ‘buys the dip’ with $10M
A further commitment to its treasury sees MicroStrategy join Grayscale as this week’s big buyer while others keep selling.
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First Mover: Bitcoin Newbies Get Volatility Lesson as Old Pros Lament FUD
A mixture of bearish price-chart patterns and ill-understood news items combined to cause bitcoin’s biggest price plunge since March, in a demonstration to market newcomers of the cryptocurrency’s notorious volatility.
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Tether’s Bank Deltec Says Stablecoin Is Fully Backed by Reserves
“Every tether is backed by a reserve and their reserve is more than what is in circulation,” Gregory Pepin, Deltec Bank’s deputy CEO, said on a podcast Friday.
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Hut 8 Completes $11.8M Financing for New Bitcoin Mining Machines
The new machines will add 475 PH/s to Hut 8’s hash power.
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Grayscale May Have Laid Groundwork for 5 More Potential Crypto Trusts
Trusts for Chainlink, Basic Attention Token, Decentraland, Livepeer and Tezos were all recently registered in Delaware.
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Bitcoin Faces Further Losses Before Rally Restarts, Say Analysts
Despite a bounce earlier on Friday, bitcoin may yet see further losses in the near term.
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Bitcoin’s biggest mining pool may be behind the BTC price drop, but buyers stepped in
This week’s volatility may come down to a tug-of-war between F2Pool selling and Grayscale buying.
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Crypto market cap falls by $113B as Bitcoin price tumbles to $28,750
After a day of intensifying sell pressure, Bitcoin price dropped below $29,000 for the first time since January 5.