Author name: Peter

Value Locked in Defi Surpasses $40 Billion, Marking a Significant Recovery

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The decentralized finance (defi) market has experienced a notable recovery as the total value locked (TVL) surpasses $40 billion. This milestone comes after the TVL remained below this level since mid-August. Furthermore, the top 100 defi coins by market capitalization are just shy of reaching the $50 billion mark. Defi Market Bounces Back as TVL […]

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Bitcoin Price Prediction: Experts Forecast BTC to Reach $87,000 by 2025

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Bitcoin's Market Dominance and Potential Bitcoin (BTC), the leading cryptocurrency by market cap, has garnered significant attention in the digital currency realm due to its robustness and market dominance. Currently, its value hovers just below the $34,000 mark. As per the latest bitcoin price prediction report from finder.com, industry specialists provide insights into anticipated future

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North America Leads in Cryptocurrency Usage Despite Regulatory Uncertainty, Says Chainalysis

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Institutional Crypto Activity Drives North America's Market According to a report by blockchain forensics firm Chainalysis, North America is the world's largest cryptocurrency market, with a value of approximately $1.2 trillion received on-chain between July 2022 and June 2023. This represents 24.4% of the global transaction activity during the studied period. The report also highlights

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Former FTX Boss Sam Bankman-Fried to Testify on Thursday in High-Stakes Trial

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Sam Bankman-Fried's Decision to Testify Former FTX chief Sam Bankman-Fried, popularly known as SBF, is set to testify in his ongoing trial. This decision was confirmed by his defense lawyer, Mark Cohen. Bankman-Fried's choice to take the witness stand comes after several witnesses have spoken against him in recent weeks. Facing Accusations: Bankman-Fried Asserts His

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The Rise and Fall of Bitcoin: $323 Million in Short Positions Liquidated

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A Surge in Bitcoin's Value On October 24, 2023, bitcoin (BTC) experienced a robust 13% surge during the early morning trading hours, Eastern Time (ET). This rise catapulted bitcoin's value to $35,108 per unit, propelling the entire cryptocurrency market upwards by over 10%. As the market soared, traders who had placed their bets against crypto

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Bitcoin Futures Open Interest Skyrockets Amid Rising Market Enthusiasm and ETF Anticipation

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Bitcoin Futures: A Growing Market Bitcoin futures open interest (OI) has witnessed a significant surge in the past day, with CME Group's OI reaching an impressive 100,000 bitcoin, equivalent to $3.4 billion. This surge is not limited to CME Group alone; platforms like Binance, Deribit, Bitget, and Okx are also experiencing substantial upticks in open

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Robert Kiyosaki Shares His Unique Investment Strategy

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Robert Kiyosaki Differentiates His Investment Strategy From Warren Buffett’s Renowned author Robert Kiyosaki, best known for his book Rich Dad Poor Dad, has recently shared his investment strategy, highlighting the differences between his approach and that of Berkshire Hathaway CEO Warren Buffett. While Buffett is known for his value investing strategy, Kiyosaki takes a different

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Bitcoin, Ethereum Technical Analysis: BTC Surges Above $35,000 Amid ETF Speculation

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Bitcoin Bitcoin experienced a significant rally, reaching its highest level since May 2022, as market sentiment turned bullish. Traders anticipated an imminent announcement from the United States Securities and Exchange Commission (SEC) regarding a potential bitcoin exchange-traded fund (ETF), possibly from Blackrock. In tandem with Bitcoin's surge, Ethereum also saw gains, surpassing the $1,800 mark.

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