investment

Despite the anticipation surrounding Bitcoin’s future trajectory leading up to the Bitcoin Halving, JPMorgan analysts have expressed concerns that things may not unfold as optimistically as many had hoped. They believe that a storm is brewing for the flagship cryptocurrency before any significant upward movement. The strategists at JPMorgan, led by Nikolaos Nikolaos Panigirtzoglou, pointed
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The recent surge in Bitcoin’s value, surpassing the $67,000 mark, has caused a wave of liquidations in the crypto market. Traders who were expecting the market to continue its decline were caught off guard by this sharp reversal. According to data from Coinglass, over 86,000 traders suffered losses exceeding $250 million within a 24-hour period.
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After a notable recovery from the $61,000 price mark to $67,000, Bitcoin has sparked hopes within the cryptocurrency community that a bullish movement might be imminent. Despite not returning to the point it was a week ago, especially after reaching a new all-time high of $73,000 last week, Bitcoin enthusiasts are optimistic about the future.
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Asset management giant BlackRock has recently announced its selection of Coinbase as the key infrastructure provider for its new tokenized investment fund, the BlackRock USD Institutional Digital Liquidity Fund (BUIDL). This fund, as stated by BlackRock, aims to maintain a stable value of $1 per token and distribute daily accrued dividends directly to investors’ wallets
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Cardano (ADA), currently positioned as the 9th largest cryptocurrency by market capitalization, has encountered a downward trend following the prevailing bearish sentiment in the crypto market. Bitcoin (BTC), the market leader, has led the way in price corrections for top cryptocurrencies. Despite ADA’s recent retracement of nearly 20% in the past week after reaching a 22-month
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In a groundbreaking moment for the digital art and cryptocurrency communities, CryptoPunk #7804, an Alien Punk, was sold for an astounding $16.4 million. This transaction not only generated immense excitement among enthusiasts and investors but also established a new standard for the value of digital collectibles. The Alien category within the CryptoPunks collection is particularly
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