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Bitcoin's surge fuels a rally in US crypto stocks
Bitcoin's surge fuels a rally in US crypto stocksBitcoin broke through the $66,000 mark, hitting a new high since July 31st, rising over 1%. This ignited a surge in cryptocurrency-focused stocks on the US stock market
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Crypto-related stocks surge, led by MicroStrategy's 6% gain
Crypto-related stocks surge, led by MicroStrategy's 6% gainCryptocurrency-related stocks rallied on Friday. As of press time, MicroStrategy (MSTR
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Bitcoin Poised for Historic September Surge, Fueled by Global Rate Cuts
Bitcoin Poised for Historic September Surge, Fueled by Global Rate CutsBitcoin is on track for one of its largest September gains ever, driven by a global wave of interest rate cuts, particularly the US's aggressive shift towards looser monetary policy. The largest digital asset has already surged over 10% this month
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Is the Ethereum Bull Run Nearing its Peak? $3200 Becomes a Key Resistance Level
Is the Ethereum Bull Run Nearing its Peak? $3200 Becomes a Key Resistance LevelWith Ethereum's recent surge in price, many investors are seeking to uncover when this bull run will reach its peak. A seasoned financial journalist, after a thorough analysis of Ethereum's holdings data, exchange rate comparisons, and token distribution, believes that the top of this bull run is likely to be near the $3200 mark
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Bitcoin's Safe-Haven Appeal Returns: BlackRock's Bet, China's Gray Market Thrives, Turkey's Tax Flip-Flop Fuels Rally
Bitcoin's Safe-Haven Appeal Returns: BlackRock's Bet, China's Gray Market Thrives, Turkey's Tax Flip-Flop Fuels RallyRobbie Mitchnick, head of digital assets at BlackRock, recently reiterated Bitcoin's potential as a "safe-haven" asset, despite its tendency to track US equities. In a Bloomberg interview, he likened Bitcoin to gold, highlighting its decentralized nature and limited supply as key differentiators from traditional assets
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Celo: A Decentralized Financial Future Built for the Unbanked
Celo: A Decentralized Financial Future Built for the UnbankedCelo is a platform that aims to enable global payments with cryptocurrency for anyone, using their mobile phone. To achieve this ambitious goal, Celo relies on decentralized application (dApp) developers to build solutions
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Can Bitcoin Break Through the $65,200 Level? The 2024 US Election Could Be a Key Driver
Can Bitcoin Break Through the $65,200 Level? The 2024 US Election Could Be a Key DriverAfter briefly spiking to $62,700 at 10 PM last night, Bitcoin bounced back and rallied higher, reaching $64,698 around 7 AM this morning. It seems like the cryptocurrency is quickly approaching the $65,000 mark
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AI-Fueled Cryptocurrencies Lead Altcoin Rally, Bitcoin Poised to Break All-Time High on Multiple Catalysts
AI-Fueled Cryptocurrencies Lead Altcoin Rally, Bitcoin Poised to Break All-Time High on Multiple CatalystsArtificial intelligence-related cryptocurrencies spearheaded a rally in the crypto market on Monday, with altcoins outperforming Bitcoin (BTC). The native tokens of first-layer blockchain Near (NEAR) and decentralized computing platform Render (RNDR) jumped 18%-20% in the past 24 hours, topping the gains in the CoinDesk 20 index, which rose 1
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Ethereum Faces Headwinds: Whale Dump, Key Departure, Pectra Hard Fork Delay - Short-Term Bearish for ETH?
Ethereum Faces Headwinds: Whale Dump, Key Departure, Pectra Hard Fork Delay - Short-Term Bearish for ETH?Ethereum has been facing a challenging period lately, with DeFi developers clashing with Vitalik Buterin, and numerous community members expressing their dissatisfaction with the ETH founder, urging him to leave his girlfriend and focus on driving prices up. However, amidst these challenges, Ethereum experienced a significant rebound fueled by the Federal Reserve's recent interest rate cut, surging from below $2400 to $2500, even briefly surpassing $2600, bringing joy to many holders
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Wall Street Bigwigs Predict Bitcoin to Hit $100,000, Fueled by Fed Rate Cuts and a Bullish Crypto Climate
Wall Street Bigwigs Predict Bitcoin to Hit $100,000, Fueled by Fed Rate Cuts and a Bullish Crypto ClimateAnthony Scaramucci, a well-known Wall Street hedge fund manager, recently predicted that Bitcoin could reach a staggering new all-time high of $100,000 by the end of this year. This prediction is based on the anticipated Federal Reserve rate cut cycle and the increasing likelihood of favorable crypto regulations from the US government, particularly after the November US presidential election
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Will Ethereum Drop to $1,800 After Breaking Below the $2,300 Support?
Will Ethereum Drop to $1,800 After Breaking Below the $2,300 Support?Analyst AliMartinez recently posted a blog on X platform using data from IntoTheBlock to analyze Ethereum's current investor cost basis distribution. He pointed out that Ethereum could decline to $1,800 if it breaks below the $2,300 - $2,359 support level
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Fed Rate Cut and Upcoming Election Could Push Bitcoin to New Highs
Fed Rate Cut and Upcoming Election Could Push Bitcoin to New HighsHedge fund manager Anthony Scaramucci predicts that Bitcoin will hit new highs, driven by a combination of a Fed rate cut and clear US cryptocurrency regulations after the November presidential election."We are going to see legislation in the first part of the next U