BITCOIN

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Nov 06 2024POLITICS

Crypto Prices Jump Ahead of U. S. Election Results

Bitcoin and other cryptocurrencies saw a rise in prices on Tuesday. This happened as investors waited for the results of the U. S. presidential election. Bitcoin, the most well-known cryptocurrency, climbed to over $70, 000. Other cryptocurrencies like Ether, Solana, and XRP also saw gains. Even mem

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Nov 06 2024CRYPTO

Bitcoin Hits New High Amidst Election Uncertainty

Bitcoin hit a new record high at $75, 000 as investors wagered on a potential edge for former President Trump in the U. S. election. The price jumped by 7% to $74, 392. 00, breaking the previous peak set in March. Earlier in the year, Bitcoin had been trading below $70, 000. The overnight rise in B

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Nov 06 2024POLITICS

Stock Prices and Bitcoin Rise as Election Results Uncertain

Investors are on the edge of their seats as the U. S. presidential election results keep them guessing. With vote counting still ongoing, stock prices around the world saw a boost. The S&P 500 was up by 1. 2%, with a similar rise for the Dow Jones Industrial Average. Bitcoin also joined the party, s

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Nov 06 2024FINANCE

Bitcoin Hits $70, 000 on Election Day: What Does it Mean?

Election Day saw Bitcoin bouncing back to $70, 000. This happened as the U. S. presidential race between Kamala Harris and Donald Trump tightened. What's interesting is that Bitcoin's value had been hovering around its peak, reaching $73, 562 last week, just a step away from its record high of $73,

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Nov 04 2024BUSINESS

JD Vance's Wealth: From Bitcoin to Real Estate

Ever wondered how a 40-year-old politician like JD Vance piled up a fortune worth millions? Let's dive into his journey from a tough childhood to becoming a wealthy venture capitalist. Vance's wealth is estimated to be between $4. 8 million and $11. 3 million. Sure, it's not as much as his running

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Nov 04 2024FINANCE

Bitcoin's Price: Will the U. S. Election Make or Break It?

Bitcoin is flirting with a new record high, but the U. S. election might put a temporary hold on that. In October, Bitcoin closed above $70, 000 for the first time since March, but it's been struggling to stay there. The focus now is on the U. S. presidential election. Investors are worried that the

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Nov 01 2024FINANCE

Investors Bet on Bitcoin and Gold Ahead of Election

Retail investors have been busy snapping up bitcoin and gold before the upcoming U. S. presidential election, expecting potential benefits if former President Trump wins. According to a report from JPMorgan, these investors are part of the "debasement trade, " where they buy these assets to hedge ag

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Oct 31 2024FINANCE

Bitcoin vs. Gold: Which Is the Better Investment?

Bitcoin is making waves, climbing towards $70, 000, while gold hit a record $2, 733 per ounce. Investors are flocking to these assets due to global uncertainty, like the Fed’s rate cuts and tensions in the Middle East. But which one is a better investment? Matthew Hougan, Chief Investment Officer at

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Oct 31 2024FINANCE

Ethereum Poised to Catch Up to Bitcoin?

Ethereum (ETH) seems to have fallen behind Bitcoin (BTC) in the crypto race this year. At the moment, BTC is up by 70% compared to ETH's 18%. This isn't the first time ETH has played second fiddle to BTC, and it's interesting to note that we're seeing a similar trend for the third time since 2016. W

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Oct 31 2024FINANCE

Scaramucci Sees US Tackling Debt and Bitcoins Booming by Mid-2026

Anthony Scaramucci, the founder of SkyBridge Capital, believes the US can manage its debt crisis by allowing inflation to rise slightly. This strategy might not be great for savers and lower- to middle-income households, but Scaramucci thinks it's the way to go. He made these comments just before th

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