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Nov 25 2024FINANCE

Bitcoin and the Hidden Exchange Rate Puzzle

Bitcoin, the popular cryptocurrency, has been studied for its price differences across markets. This research delves deeper by looking at trade data from LocalBitcoins. com, a peer-to-peer exchange platform. It explores how economic and regulatory factors shape Bitcoin markets and how cryptocurrenci

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Nov 23 2024FINANCE

Bitcoin's Wild Ride: The Investment Boom

Imagine the stock market as a serene ocean, where big fish like the S&P 500 swim smoothly. But enter the crypto world, and it's like a stormy sea! Bitcoin has skyrocketed by 40% in just a month. It's not alone—even risky penny stocks and leveraged ETFs are riding high. So, what's making the waves? S

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Nov 23 2024FINANCE

Gold's Stability vs Bitcoin's Unpredictability

George Milling-Stanley, a chief strategist at State Street Global Advisors, has voiced concerns about the recent bitcoin rally. He believes investors are being lured by the quick returns but might be overlooking the stability that gold offers. Speaking on CNBC's "ETF Edge, " Milling-Stanley emphasiz

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Nov 22 2024HISTORY

Old Silver Coin From Pre-US Era Sets Auction Record

Imagine this: a tiny silver coin, just a bit bigger than a nickel, sold for a whopping $2. 52 million at an auction! This coin is special because it's from way back in 1652, before the United States even existed. It was found in an old cabinet in Amsterdam eight years ago, and it's been a hot topic

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Nov 22 2024FINANCE

Bitcoin's Big Leap: Nearing $100, 000 After Election

Bitcoin's value has shot up to nearly $100, 000, making headlines after the U. S. election. In just two weeks, it's jumped more than 40% to new highs. Experts think this is happening because the incoming U. S. President is seen as more friendly towards cryptocurrencies. However, the future is uncert

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Nov 22 2024CRYPTO

Protecting Cryptocurrencies from Cloned Vulnerabilities

Cryptocurrencies, despite their innovative use of blockchain technology, have become a hot target for cybercriminals. The main issue? Cloned code. With thousands of new cryptocurrencies popping up, it's no surprise that many borrow code from each other. But this practice can backfire. A single vulne

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Nov 22 2024CRYPTO

Bitcoin's Big Surge: What's Behind the Post-Election Boost?

Bitcoin is making waves, reaching nearly $100, 000 and climbing almost 40% in just two weeks. What's driving this rush? Many believe it's the incoming Trump administration's crypto-friendly stance. Bitcoin, the oldest cryptocurrency, is known for its volatility, but investors seem unfazed by its ups

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Nov 21 2024CRYPTO

Bitcoin's Big Climb: A Bump Ahead?

Bitcoin is zooming towards $100, 000, but don't expect it to fly there forever without a hiccup, warns Michael Novogratz, CEO of Galaxy Digital. The crypto king was trading near $97, 000 on Thursday, after hitting an all-time high of almost $98, 400. Novogratz thinks this milestone was bound to happ

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Nov 21 2024CRYPTO

Bitcoin's Big Boom: How Trump's Presidency Is Fueling Crypto Optimism

Bitcoin is getting closer to the $100, 000 mark, making waves in the financial world. This surge is happening because many investors believe that under President Donald Trump’s second term, the U. S. will be more friendly to cryptocurrencies. Bitcoin’s price hit a new high of $98, 367 before slightl

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Nov 20 2024CRYPTO

Bitcoin Hits New Highs, ETF Options See Big Demand

Bitcoin surged to a new peak of almost $95, 000 recently, driven by positive U. S. election outcomes. Meanwhile, major firms like BlackRock and Grayscale introduced options for their spot bitcoin ETFs, attracting massive volumes. BlackRock's iShares Bitcoin Trust saw over $1. 9 billion in trades, si

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