CURRENCY

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Oct 30 2024POLITICS

How the U. S. Election Could Shake Up Bitcoin's Price

Bitcoin's price is hovering around $72, 000, just days before the U. S. elections. This event could impact the cryptocurrency market, regardless of who wins. Eric Beiley, a managing director, thinks Bitcoin's recent surge might signal a Trump victory. But the outcome is still uncertain. Many people

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Oct 26 2024CRYPTO

Bitcoin Today: A Roller Coaster Ride!

Bitcoin, the OG cryptocurrency, is still the market leader with a whopping $1. 1 trillion market cap. It's known for its wild price swings, just like the ones we saw today with a 0. 79% increase. So, what's the deal with Bitcoin's price? It's not just about the economy or big companies accepting it—

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Oct 26 2024BUSINESS

Will Microsoft Dive into Bitcoin? Shareholders Decide

Microsoft is facing a big decision. On December 10, its shareholders will vote on whether the company should invest in Bitcoin. This vote comes after a conservative think tank, the National Center for Public Policy Research, suggested that Bitcoin could be a great way to protect against inflation. B

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Oct 25 2024POLITICS

Crypto Tycoons' Political Positions Revealed

In the upcoming election, crypto billionaires have shown their political colors. Some have backed former President Trump, who now supports crypto, while others have chosen Vice President Harris. Tyler and Cameron Winklevoss, the twins behind Gemini, have donated millions to Trump's campaign, unhappy

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Oct 25 2024FINANCE

Bitcoin Drops Below $65K: Is Crypto's Boom Over?

Cryptocurrencies are having a tough day, with Bitcoin plummeting below $65, 000. This dip follows a broader market trend, reflecting a similar decline in traditional stock markets. Over the past 24 hours, Bitcoin has lost more than 2. 5% of its value, dashing hopes of hitting the $70, 000 mark that

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Oct 23 2024FINANCE

Bitcoin Booms as Investors Pour into ETFs

Bitcoin's price is soaring, reaching about $68, 000, up by 9. 5% over the past week and 2. 8% in a single day. This surge is fueled by investors flocking to U. S. spot bitcoin ETFs, which saw a massive inflow of over half a billion dollars in one day. According to Farside, this is the largest daily

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Oct 23 2024CRYPTO

Why Bitcoin's Price is Booming with Trump's Rising Election Odds

Bitcoin has seen a big jump in price, up by 12% in the last month. This increase happened as Donald Trump's chances of winning the presidential election rose in betting markets. Investors are excited about having a "crypto-friendly president, " and they're showing this by buying more bitcoin. Analys

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Oct 23 2024CRIME

Hacker's Bitcoin Tweet: What Happened and Why It Matters

Earlier this year, an Alabama man named Eric Council Jr. found himself in trouble with the law. The 25-year-old was arrested for allegedly hacking the Securities and Exchange Commission's (SEC) X account. This wasn't just any hack; Council is accused of posting a fake tweet that claimed the SEC had

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Oct 22 2024CRYPTO

Bitcoin's Journey: Could It Hit $117, 000?

Bitcoin, the most talked-about cryptocurrency, has been through its ups and downs. On April 26th, it was trying to bounce back from a recent crash that saw it drop from its all-time high. So, could Bitcoin really reach $117, 000? Let's dive in and find out. When Bitcoin experienced a significant lo

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Oct 19 2024FINANCE

Bitcoin: Not Ready for Shopping Sprees Yet?

Neel Kashkari, the Minneapolis Fed President, isn't convinced that Bitcoin is ready to replace traditional currency. He hasn't seen anyone use it to buy everyday items, and he thinks it's more like a gamble than a safe investment against inflation. However, a recent study shows that Bitcoin's value

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