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Monero (XMR) has recently seen a surge in discussions on social media platforms following the announcement of LocalMonero’s closure. This increase in attention comes at a time when governments around the world are making efforts to regulate privacy-focused cryptocurrencies like Monero. The closure of LocalMonero, a peer-to-peer exchange based on Monero, has sparked conversations about
The recent price action of Bitcoin has left institutional investors with a bearish sentiment, leading to a wave of massive outflows from Bitcoin investment products. Data revealed by CoinShares in a blog post indicated that Bitcoin investment funds experienced an outflow of $284 million last week. The majority of these outflows were attributed to the
In the latest Base meme coin pump, the new Trump MAGA Base token has surged ahead of the US Presidential Election. TRUMP is currently trading at a market price of $0.00399, showing a 24-hour change of +23,246%. The project saw an impressive +3,394% climb to hit an all-time high at $0.0069 shortly after its launch.
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Recently, Bitcoin has displayed remarkable resilience by bouncing back above the $60,000 mark, following a significant dip below $57,000. Renowned analyst and market expert Peter Brandt has expressed his confidence in Bitcoin’s ability to reach a six-figure value by 2025. In a blog post marking his 50th year in future markets trading, Brandt emphasized his
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Coinbase recently announced a staggering revenue of $1.64 billion in the first quarter, surpassing the initially expected $1.34 billion. This remarkable surge in revenue coincided with a robust Bitcoin rally that has made a significant impact on the entire crypto market. The company’s earnings per share were reported at $4.40, well above the average analyst
The recent market-wide crash in the cryptocurrency space has caused Bitcoin’s price to trend below $60,000, triggering a 20% decline. This significant drop has exposed multiple critical support levels for Bitcoin, raising concerns about the future direction of the cryptocurrency. Crypto analyst Norok has emphasized the importance of the $51,800 support level for Bitcoin in
Bitcoin has recently broken below the $60,000 support level for the first time in two months, signaling a potential shift in market sentiment. The euphoria that surrounded Bitcoin for the past 6.5 months seems to be fading, according to a new report from Glassnode. This shift is evident in the increasing distribution of BTC into