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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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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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Platypus Exploiters Acquitted of Wrongdoing in Landmark Case

Platypus Hackers Acquitted After Perpetuating $9 Million Exploit Mohammed and Benamar M., two brothers accused of exploiting Platypus, an avalanche-based automated market maker (AMM) platform, were acquitted of any criminal wrongdoing in a landmark case for French justice. The judge in charge stated that the individuals just interacted with a smart contract that gave "more

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FDUSD’s Market Value Approaches $1 Billion in Just 120 Days

Recent data reveals that the market capitalization of the recently introduced stablecoin, first digital usd (FDUSD), is rapidly approaching the $1 billion mark. This impressive growth represents a remarkable 253% increase in supply since August 4, 2023. Currently, there are approximately 921 million FDUSD tokens in circulation. FDUSD's Market Value on the Brink of $1

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Ethereum Technical Analysis: ETH Gains Momentum, Approaches $2,100 Resistance

Ethereum's Price Performance Similar to bitcoin, Ethereum (ETH) has experienced a 2% increase against the U.S. dollar on Friday. The 24-hour price range for ETH is between $2,024 and $2,111, indicating a volatile yet upward trajectory. Currently, Ethereum has a market capitalization of $250 billion and a 24-hour trading volume of $17.56 billion. Ethereum's Indicators

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A Powerful Combination: Cogwise AI and the World of Cryptocurrency

Introduction The world of cryptocurrency has experienced a surge in popularity in recent years, as more and more investors seek to diversify their portfolios. However, with the increasing number of cryptocurrencies available, it can be challenging to make well-informed investment decisions. This is where AI technology comes into play. Revolutionizing the Crypto Industry with AI:

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Bitcoin Technical Analysis: BTC Bulls Break Resistance, Holding Above $38K

Bitcoin Sees Uptick in Value Amidst Flat Equities and Precious Metals While U.S. equities and precious metals remain flat, bitcoin has seen an uptick in value over the past day. Currently valued at $38,376, with an intraday range stretching from $37,547 to $38,804, bitcoin's market capitalization stands at $750 billion. Over the past 24 hours,

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The Growing Market Value of Stablecoins: A Multi-Billion-Dollar Expansion

Introduction In the past few weeks, leading stablecoins have witnessed a significant increase in market value. The total economy of these fiat-pegged tokens has grown from $123.66 billion to $129.14 billion, marking a substantial growth of nearly $6 billion. This growth comes after the stablecoin industry experienced a decline of tens of billions in the

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Binance CEO Reveals Executives of Client Were Kidnapped Over Crypto Holdings

Changpeng Zhao, the CEO of leading crypto exchange Binance, recently shared a shocking incident where executives of a Binance client were kidnapped and forced to empty their crypto wallets. However, Binance was able to track the transactions and freeze over 94% of the stolen funds, highlighting the exchange's commitment to security. Blackrock Advocates for Approval

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