BITCOIN

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Dec 05 2024POLITICS

The Bitcoin Boom: Trump’s Crypto Connection

Bitcoin hit a monumental $100, 000 mark on Wednesday, and it seems President-elect Donald Trump wants in on the celebration. “CONGRATULATIONS BITCOINERS! ! ! $100, 000! ! ! YOU’RE WELCOME! ! ! ” Trump posted on his Truth Social platform, taking some credit for the milestone. This comes after naming

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Dec 05 2024POLITICS

The New Sheriffs of Crypto and Tech: Meet Paul Atkins and Gail Slater

President-elect Donald Trump has made two significant nominations that are stirring up both the crypto and tech worlds: Paul Atkins for the Securities and Exchange Commission (SEC) and Gail Slater for the Justice Department's antitrust division. Let's break down what this means. Paul Atkins, who ha

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Dec 03 2024CRYPTO

Bitcoin's Big Moment: $100K in Sight as ETFs Boom

Bitcoin is getting closer to hitting $100, 000, with its price reaching $99, 645 on November 22. However, it hasn't been able to push past this milestone yet. Recently, Bitcoin had a brief dip to around $92, 500 but has since bounced back to around $96, 000. This recent rise is thanks to increased i

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Dec 02 2024CRYPTO

Bitcoin vs. Litecoin: Are They the Crypto Gold and Silver?

Ever heard how gold is stored while silver is used for daily spending? Cryptocurrencies like Bitcoin and Litecoin have their own ways of handling value and exchange, too. Charlie Lee, the brains behind Litecoin, makes a strong point: Bitcoin is your digital gold, and Litecoin is digital silver. To p

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Dec 02 2024CRYPTO

The Mystery of Predicting Crypto Prices

Ever thought about how experts try to foresee the future prices of cryptocurrencies like Bitcoin and Ethereum? They use various methods to make these predictions, focusing on how these digital currencies behave compared to traditional money. Scientists and analysts look at past data, such as opening

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Dec 02 2024CRYPTO

Bitcoin's New Fans Face Unique Challenges

Imagine this—Bitcoin exchange-traded funds (ETFs) in the US now hold over a million tokens, roughly 5% of the total supply. That's almost the same amount the mysterious creator, Satoshi Nakamoto, owns! But here's a twist: a Senate ally of former President Trump wants to sell some Federal Reserve gol

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Nov 29 2024ENVIRONMENT

Bitcoin and Carbon Emissions: A Closer Look at their Relationship

Let's dive into the relationship between Bitcoin (BTC) and carbon emissions (CO2) from 2017 to 2022. Recent studies have shown that cryptocurrencies and energy markets are quite volatile. This means the relationship between Bitcoin and carbon emissions might not be straightforward. Using tests from

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Nov 29 2024CRYPTO

Bitcoin’s Future: A $250 Trillion Market Cap?

Bitcoin, the most prominent cryptocurrency, is on a roller-coaster ride. Standard Chartered predicts it could hit $125, 000 by the end of the year and then $200, 000 in 2025. However, some think even bigger. Michael Saylor from MicroStrategy believes Bitcoin could reach a market cap of $250 trillion

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Nov 29 2024CRYPTO

Cryptocurrencies: The Hidden Impact of Scrypt Mining with ASICs

Ever wondered how cryptocurrencies like Litecoin stay secure? Well, they use something called Scrypt, a memory-intensive algorithm. Now, if you think about Bitcoin, it uses something similar called proof of work. But Scrypt does something extra—it makes your computer work a bit harder by frequently

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Nov 26 2024CRYPTO

Bitcoin’s Trump Bump Turns Sour

Bitcoin, the top cryptocurrency, has dropped back below $93, 000. This downturn comes after a brief rally following Donald Trump's re-election. The price peaked at $98, 000 last week but suffered a setback, declining by over 6% in the last 24 hours. This reversal has put a temporary halt on hopes of

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