CRYPTO

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Nov 13 2024CRYPTO

NBA Stars and Crypto: A Winning Combo?

Bitcoin has hit a new high, reaching $88, 000. This digital currency craze has caught the attention of some NBA stars. Let's meet a few players who are investing and even getting paid in crypto. Spencer Dinwiddie, a Dallas Mavericks guard, made headlines in 2019. He turned his $34 million contract

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Nov 12 2024BUSINESS

Lena Dunham's Take on Crypto Crash: A New Film

Ever heard of Sam Bankman-Fried? He's the guy who turned the crypto world upside down. Now, Apple and A24 are teaming up to tell his story in a new movie. Lena Dunham, the creator of "Girls, " is writing the script. It's based on Michael Lewis' book "Going Infinite, " which dives into the rise and f

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Nov 12 2024FINANCE

Ethereum ETFs Score Big, Bitcoin ETFs Boom: What's Driving the Surge?

In a surprising twist, Ethereum (ETH) exchange-traded funds (ETFs) saw a record increase in inflows, marking a significant milestone. Meanwhile, Bitcoin (BTC) ETFs witnessed a massive surge, hinting at a possible price jump to $90, 000. But what's behind this sudden growth? Let's break it down. Fir

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Nov 12 2024CRYPTO

Crypto Prices Jump as Trump Wins Election

Bitcoin and other cryptocurrencies saw big price increases after Donald Trump won the U. S. presidential election. Bitcoin hit a new high of over $88, 000, showing a 10% jump on Monday alone. This comes after an earlier 9% rise on Wednesday when early election results suggested Trump's win in both t

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Nov 12 2024CRYPTO

Unraveling the Secrets: How Blockchain Design Shapes Crypto Patterns

Ever wondered what makes cryptocurrencies tick? It's not just about the price. Scientists are diving deep into how the underlying blockchain mechanisms of cryptos influence their distribution patterns. They're using real-world data like block size and block time to see how these features shape crypt

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Nov 12 2024FINANCE

Why Crypto Boomed After Trump's Win

Bitcoin hit a new record, topping $87, 000, after Donald Trump's election victory. Cryptocurrencies have rallied since then. Analysts say this is due to expectations of a more crypto-friendly administration. However, crypto is known for its volatility and risks. The election result surprised many.

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Nov 12 2024SPORTS

Bitcoin and Brady: How the NFL Star’s Crypto Bet Paid Off

Tom Brady, the legendary NFL quarterback, made headlines by converting part of his $6. 5 million salary into Bitcoin. This move, inspired by Russell Okung, who was the first NFL player to receive half of his salary in Bitcoin, turned out to be a smart financial decision. In just a few years, Brady's

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Nov 12 2024BUSINESS

FTX's Bankruptcy Battle: A Crypto Clash

In a surprising turn of events, the bankruptcy trustees of the once-mighty crypto exchange FTX have filed a lawsuit against their former rival, Binance. The lawsuit, which was filed in a US bankruptcy court in Delaware, is seeking to recover a staggering $1. 76 billion. This massive sum was allegedl

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Nov 12 2024BUSINESS

Bitcoin Buying Spree: MicroStrategy's Big Bet on Crypto

In the days following the U. S. presidential election, Bitcoin has seen a significant surge. This is partly due to promises made by President-elect Donald Trump to support cryptocurrency. One major player in this space is MicroStrategy, which has been on a Bitcoin buying spree. In early November, M

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Nov 12 2024FINANCE

Bitcoin ETF Outshines Gold, Reaches New Heights

Imagine this: a fund based on a digital currency you might have heard of called Bitcoin has just overtaken a long-standing investment in gold. The iShares Bitcoin Trust (IBIT) is now worth more than the iShares Gold Trust (IAU), which has been a favorite among traditional investors. By Friday, IBIT

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