Author name: Peter

Bitcoin Surpasses Meta and Berkshire Hathaway with $44,000 Market Capitalization

Bitcoin Hits $44K Milestone, Outperforming Meta and Berkshire Hathaway On Tuesday, the price of bitcoin surpassed $44,000, reaching a peak of $44,011 per unit. Over the past month, the leading cryptocurrency has experienced a surge of more than 24%, with a 17% increase in the last two weeks alone. Bitcoin Breaks Through $44K Barrier, Reaching […]

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Spot Bitcoin ETFs: The Driving Force Behind the Recent Price Surge

Insights into the Bitcoin Price Surge Yiannis Giokas, a senior director with Moody's Analytics, has shed light on the factors that have contributed to the recent surge in the price of Bitcoin. He specifically highlighted the anticipated approval of spot Bitcoin exchange-traded funds (ETFs) by the U.S. Securities and Exchange Commission (SEC). Moody's Analytics, a

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The Indian Government Reveals 28 Registered Crypto Service Providers

The Indian government has recently disclosed that there are currently 28 crypto service providers registered with the country's Financial Intelligence Unit (FIU). In addition, the Ministry of Finance has clarified that the anti-money laundering (AML) guidelines and reporting requirements also extend to offshore cryptocurrency exchanges that cater to the Indian market. Overview of the Ministry

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The Risks and Rewards of Digital Asset Token Staking for Institutional Investors

Understanding the Risks of Token Staking Institutional investors looking to earn rewards from digital asset token staking must be aware of the associated risks, according to Andrew McFarlane, CTO at Validation Cloud. One particular risk that asset managers should be cautious of is slashing, which is a penalty imposed on tokens staked on a validator

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El Salvador’s National Bitcoin Treasury Shows Profitability

NayibTracker.com: Tracking El Salvador's Bitcoin Investment El Salvador's President Nayib Bukele's decision to invest in Bitcoin in 2021 has proven to be profitable, according to the latest data from NayibTracker.com. This website is dedicated to monitoring the performance of El Salvador's national Bitcoin treasury, tracking the timing and details of both known and pledged purchases.

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Ethereum Price Analysis: Strong Bullish Trend Signals Potential for Further Price Appreciation

As Ethereum reaches a significant price milestone of $2,250, its movement within a 24-hour range of $2,151 to $2,271 indicates robust activity in the cryptocurrency market. With a substantial trade volume of $26.82 billion and a market capitalization of $269 billion, Ethereum continues to demonstrate its dynamic presence in the digital currency landscape. Mixed View

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Bitcoin Technical Analysis: BTC Breaks $42K Resistance in Latest Bullish Swing

Bitcoin experienced significant price movements on December 4, 2023, trading between $39,409 and $42,155 throughout the day. The cryptocurrency briefly surpassed the $42K mark, reaching a level not seen since the Terra LUNA crash. As of now, Bitcoin has a market capitalization of approximately $813 billion and is trading at $41,556 per unit. Bitcoin's Relative

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Gold Surges to $2,071 an Ounce, Nearing Record High Amid Global Uncertainty

The price of pure gold has approached its highest historical level this weekend, reaching $2,071 per ounce. This peak nearly matches its record three years ago on August 7, 2020, when spot gold prices soared to an unprecedented high of $2,072.50 per ounce. Gold Flirts With Lifetime Price High Amid Economic Unrest Amid positive U.S.

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Lido and Rocket Pool Reach New Milestones in Liquid Staking with 9 Million and 1 Million Ether Deposits

Introduction Recent data reveals that Lido, the leading liquid staking protocol (LSP), now holds over 9 million ethereum within its system. This figure represents a significant 77.81% of the total ethereum value locked in current LSPs, underscoring Lido's dominant position in the market. Lido's Dominance in the Liquid Staking Market The industry of liquid staking,

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