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Dec 02 2024CRYPTO

Crypto Markets and Safe Havens: A COVID-19 Perspective

During the COVID-19 pandemic, many people wondered if cryptocurrencies acted like gold during financial crises. This study looked at the top 10 traded cryptocurrencies and their connection to gold and crude oil markets before and during COVID-19. Researchers used various statistical methods to find

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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

COVID-19 and the Crypto Market: A Volatile Dance

You know how a big event like COVID-19 can shake up everything? Well, it certainly shook up the crypto market. Researchers checked out the top ten cryptocurrencies before and during the pandemic and found that volatility really spiked once COVID-19 arrived. Bitcoin and Ethereum were big shots even b

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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 01 2024CRYPTO

Crypto Investors Cash In Big After Trump's Win

The cryptocurrency world is buzzing with excitement. Investors are celebrating big wins after Donald Trump's presidential victory. Bitcoin, the most famous digital coin, has surged to almost $100, 000 per coin. This surge, dubbed the 'Trump Bump', has made many investors very happy. Some are even sp

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Dec 01 2024CRYPTO

Banana Artwork: A Crypto Entrepreneur's Unusual Snack

Justin Sun, a 34-year-old crypto entrepreneur, made a bold move at a recent Hong Kong press conference. He ate the banana that was part of the $6. 2 million artwork he bought at a Sotheby's auction. The art piece, named "Comedian, " was created by Maurizio Cattelan in 2019. It consists of a banana d

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Dec 01 2024CRYPTO

Banana Art named Comedian Gets Eaten by Crypto Mogul

Everyone's heard of weird art, but crypto billionaire Justin Sun took things to a whole new level by buying a banana taped to a wall for $6. 2 million! You might think he's joking, but Sun saw this banana-as-art as a bridge between memes, crypto, and traditional art. "Comedian, " as it's officially

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Dec 01 2024CRYPTO

Why Digital Currencies Are Shaking Up Online Gaming

Imagine betting with something that's not just money but a secret code. That's what crypto casinos are doing. They use something called blockchain to keep everything safe and quick. Traditional online casinos can be slow and costly, but crypto casinos fix that. You can do transactions in minutes, no

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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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