Author name: Peter

Bitcoin Technical Analysis: Overcoming $38K Resistance Level

Bitcoin's Recent Price Movement Between November 16 and 17, 2023, the value of bitcoin (BTC) experienced a significant shift, with its price swinging from $35,579 to $37,904 within a span of 24 hours. Currently, the market activity has stabilized, and bitcoin is trading at $36,387 per unit. Bitcoin's Current Status As of November 17, 2023, […]

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Ethereum Technical Analysis: ETH Slips 4%, Traders Eye Critical Support With Caution

Ethereum's Market Behavior Ethereum (ETH), the second-largest cryptocurrency by market capitalization, experienced a downturn on Friday, dropping 4.7% against the U.S. dollar. Over the previous week, it has seen a decline of 6.6% in its value. The trading dynamics on November 17, 2023, showcased a complex blend of factors influencing ethereum's market behavior. Ethereum's Market

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Meet StocksFC: The Football Stock Market Where Goals Earn You Crypto

A Game-Changer in Sports and Finance StocksFC, the innovative football (soccer) stock market platform that operates on Ethereum, is proud to announce its remarkable success since its establishment six months ago. In this short period, StocksFC has revolutionized the sports investment landscape by providing fans with an unprecedented opportunity to monetize their football knowledge. Unrivalled

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The Dominance of Bitcoin Mining Pools and its Implications

Bitcoin Mining Pools: A Nuanced Discussion Crypto analyst Chris Blec recently highlighted that two major Bitcoin mining pools now control over half of the network's total hashrate. This dominance has raised concerns about the centralization of Bitcoin mining and its potential impact on regulatory standards. Blec suggests that these mining pools may enforce Know Your

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Roth IRA Explained | A simple explanation of the Roth IRA.

Self-DirectedGold IRAs are great because they let you invest in precious metals, without having to deal with any middlemen. They are so easy that even your grandmother could manage it! When you buy physical silver, gold palladium, platinum and bar, rounds, and bullion, you’ll get immediate liquidity. However, if you wish to diversify your portfolio

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Tether Plans $500 Million Investment in Bitcoin Mining Industry

Tether's Mining Ambition: A $500 Million Venture into Crypto's Core Tether Holdings Ltd., the leading issuer of stablecoins, has announced its plans to make a significant foray into the mining industry. The company's CEO, Paolo Ardoino, revealed that Tether intends to invest approximately $500 million in its mining business over the next six months. Tether's

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The NHL Collaborates with Sweet to Launch NHL Breakaway, a Digital Collectibles Platform

The National Hockey League (NHL), in partnership with the NHL Players' Association and the NHL Alumni Association, has joined forces with non-fungible token (NFT) firm Sweet to introduce NHL Breakaway, an innovative digital collectibles platform. This collaboration aims to provide fans worldwide with the opportunity to collect, gift, trade, and showcase highlights and significant moments

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SEC Publishes Enforcement Results for Crypto Assets in FY 2023

Introduction The U.S. Securities and Exchange Commission (SEC) has recently released its enforcement results for fiscal year 2023, specifically focusing on actions related to crypto assets. According to the SEC, this year has been highly productive and impactful in terms of its enforcement efforts in the crypto asset securities space. SEC Chairman Gary Gensler emphasized

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Ark Invest CEO Cathie Wood Predicts Crypto Market to Reach $25 Trillion by 2030

Cathie Wood's Crypto Market Outlook: $25T by 2030 Ark Invest CEO Cathie Wood is confident that the cryptocurrency market will experience exponential growth, reaching a staggering $25 trillion by 2030. Wood believes that the market will be dominated by two major cryptocurrencies, bitcoin and ether. Currently valued at around $1 trillion, the market is expected

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