Tag: Cryptocurrency
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Bitcoin at $67,000 as its dominance gradually fades
As of May 20, 2024, Bitcoin is trading at $67,224, indicating strong market performance. Over the past 24 hours, it has ranged between $66,000 and $67,431. The cryptocurrency’s market capitalization stands at $1.32 trillion, with a trading volume of $21.18 billion Bitcoin Bitcoin (BTC) in a prolonged uptrend, recently hitting a high of $67,654. Key…
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Bitcoin hits $50k level for the first time in more than two years
Bitcoin hits $50k level as the bullish run continues. Are we ready to for a new all-time high?. Stay tuned.
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Bitcoin Continues Steady Plunge After ETF Approval
Bitcoin has lost 15 per cent of its value over the past two weeks, as some investors use the much-hyped launch of bitcoin exchange traded funds earlier this month to take profits and exit their holdings of the volatile cryptocurrency. The price of bitcoin sank as much as 3 per cent on Tuesday, dipping below…
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Spot Bitcoin ETFs: Everything You Need To Know
For weeks, the crypto as well as investing markets have been inundated with news of Spot Bitcoin Exchange Traded Funds (ETFs), with investors eagerly anticipating the decision of the US Securities and Exchange Commission (SEC). Big investment firms such as BlackRock, Grayscale and Invesco had submitted applications, and the market had anticipated the BTC acquiring…
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SEC Approves Bitcoin ETFs, To Begin Trading on Thursday
Bitcoin: The SEC has finally approved Spot ETFs
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Argentina to accept Bitcoin as payment for contractual agreements
Argentina’s new government has confirmed that contracts denominated in Bitcoin can be officially recognized by the country’s courts.This significant decision was confirmed on Thursday, December 21 in a post on X (formerly Twitter) by Argentina’s foreign minister. The adoption of cryptocurrency was an integral part of Argentina’s new President Javier Milei’s campaign manifesto. The historic…