News
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BlackRock’s IBIT ETF achieves $2 billion market cap
- January 30, 2024
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No CommentsBlackRock’s iShares Bitcoin Trust (IBIT) has achieved a significant milestone, surpassing $2 billion in assets under management (AUM) within just two weeks of its launch on the Nasdaq. This achievement is closely tied to Bitcoin’s recent surge, which saw its price break through the $42,000 mark for the first time in nearly seven days, following
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Solana’s latest meme coin WEN airdrops more than one million wallets
- January 29, 2024
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In a strategic move to test its new launchpad, decentralized exchange (DEX) aggregator Jupiter orchestrated a massive airdrop of the recently launched meme coin ‘WEN’ to over one million wallets. The event, which unfolded on a Friday morning, has since become a focal point in the crypto community, capturing the attention of both seasoned investors
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Tesla misses over $300 million potential profits after Bitcoin sales
- January 29, 2024
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Tesla, led by Elon Musk, has chosen to offload a significant portion of its Bitcoin holdings, resulting in a missed opportunity of over $300 million in potential profits. Despite parting with 70% of its Bitcoin portfolio, Tesla appears to be approaching the remaining holdings with caution, possibly reflecting a nuanced perspective on the ever-volatile cryptocurrency
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Bitcoin price soars above $40k following Tesla’s $184 million investment and GBTC market stability
- January 28, 2024
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In the dynamic world of cryptocurrency, all eyes are on Bitcoin’s price, which is currently experiencing a modest upswing above $40,000, reflecting a 0.30% increase. This surge is closely linked to pivotal developments unfolding in the cryptosphere. One significant catalyst is Tesla’s recent financial disclosure, which revealed a substantial Bitcoin investment of $184 million on
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Polygon nearly surpasses Ethereum’s cryptocurrency user base in 2023
- January 28, 2024
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In the ever-evolving realm of cryptocurrency, the year 2023 witnessed a remarkable performance by Polygon (MATIC), a Layer-2 scaling network that came tantalizingly close to matching Ethereum (ETH) in user acquisition. As unveiled by blockchain analytics firm Flipside, Polygon saw an impressive surge, acquiring 15.24 million users throughout the year, a figure only slightly below
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Bitcoin surges to $40,000 in response to China, ETF progress, and IRS tax adjustments
- January 26, 2024
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In the volatile landscape of the cryptocurrency market, Bitcoin’s recent surge to $40,000, marking an almost 1% increase, has sparked renewed interest among investors and analysts who are now revisiting their Bitcoin price predictions. This upward movement coincides with a series of significant developments that are shaping the future of Bitcoin and its role in
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Solana and Bitcoin clash while Ronin Wallet unveils major update
- January 26, 2024
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The non-fungible token (NFT) market has witnessed a modest recovery in the last 24 hours, bringing a glimmer of hope to the daily NFT news roundup. According to CryptoSlam, the market is currently worth $32,246,366, up 11%, with buyers and sellers seeing a marginal decrease of about 1% and transactions rising by less than 1%.
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Bitcoin price drops to $39,650 fueled by Canadian legal strife and GBTC Exodus
- January 25, 2024
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In the midst of evolving dynamics in the cryptocurrency landscape, the current Bitcoin price prediction has become intricate, with BTC experiencing a downturn to $39,650. This descent can be attributed to a confluence of regulatory developments and shifts in investment product dynamics, setting the stage for a complex market scenario. On a recent Wednesday, Bitcoin
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TRUMP meme token sent to crypto wallet branded with Trump’s name surpasses $1.1 million in value
- January 25, 2024
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In a remarkable turn of events over the last six months, meme tokens linked to a crypto wallet allegedly associated with former U.S. President Donald Trump have witnessed an astonishing surge in value, now eclipsing the $1.1 million mark. Data provided by blockchain analytics firm Arkham Intelligence reveals that these TRUMP meme coins, originally valued
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Bitcoin’s price falls below $39,000 as liquidation surges to $320 million within 24 hours
- January 24, 2024
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The recent tumultuous developments in the cryptocurrency market have left investors and analysts alike on edge as Bitcoin’s value continues its descent, breaching the critical $39,000 mark with a 4.33% decline over the past 24 hours. This downturn extends beyond the immediate timeframe, with Bitcoin witnessing a notable 9% dip in the weekly charts and