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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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Nov 26 2024CRYPTO

The Race for Crypto Supremacy: How Alternatives Challenge Bitcoin

Bitcoin isn't alone in the crypto world. Let's take a look at some of its main competitors and how they stack up. Litecoin, for instance, has quicker transaction times, which is great for shopping but can cause headaches for miners dealing with orphaned blocks. Zcash, on the other hand, is all about

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Nov 26 2024CRYPTO

Bridging Bitcoin Across Blockchains

Imagine you want to use your Bitcoin (BTC) on other blockchains, like Ethereum or Solana. That's what TeleBTC is all about—a clever way to wrap your BTC so it can move across different blockchains seamlessly. Why is this a big deal? Bitcoin isn't designed to work with other blockchains easily. It's

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Nov 26 2024BUSINESS

Bitcoin's Race to $100, 000: What's Holding It Back?

Bitcoin, the largest cryptocurrency, has been struggling to break the $100, 000 mark after a rapid post-election rise. The cryptocurrency surged over 40% since the U. S. election, driven partly by pro-crypto comments from President Donald Trump. Bitcoin hit a new high of over $99, 000 last week but

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Nov 26 2024CRYPTO

Bitcoin's Volume Boost: The Hidden Effect of Global Tensions

Imagine you're watching a soccer match between teams from different countries. When there's a big argument on the field, what happens? Often, the fans get more excited and start cheering louder. In a similar way, geopolitical risks—like conflicts or tensions between countries—can make Bitcoin's trad

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Nov 26 2024BUSINESS

Rumble's New Treasury Plan: Betting Big on Bitcoin

Rumble, a video platform with a conservative following, is making headlines for its bold new treasury strategy. The company recently announced that it'll allocate a portion of its excess cash to buy bitcoin, with a cap of $20 million. This move isn't surprising, given the growing interest in cryptoc

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Nov 25 2024FINANCE

Investing in Bitcoin Without Owning It

Imagine having a stake in Bitcoin without actually buying any. This might sound like a dream, but it’s now a reality thanks to options trading. Options are contracts that give you the choice to buy or sell an asset at a fixed price by a certain date. You pay a fee, called a premium, to get this righ

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Nov 25 2024CRYPTO

Bitcoin's Not So Decentralized Network

You might think Bitcoin is all about decentralization, but let's take a closer look at its network. Bitcoin runs on a peer-to-peer (P2P) network, which is supposed to be spread out and not controlled by any single group. However, a recent study shows that this isn't exactly the case. Researchers cr

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