BITCOIN

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Oct 30 2024CRYPTO

Bitcoin Hits $70, 000 Again: What's Next?

Bitcoin briefly touched $70, 000 on Monday, a peak not seen since June. This happened as investors kept an eye on MicroStrategy's earnings and the upcoming U. S. presidential election. Stocks linked to bitcoin, like Coinbase and MicroStrategy, showed mixed reactions in late trading. Coinbase rose by

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Oct 30 2024FINANCE

Bitcoin Trumps $72, 000: Politics and Inflation Boost Crypto

Bitcoin has hit a new high, soaring over $72, 000—a benchmark it hasn’t seen since spring. This surge comes as investors consider upcoming elections and inflation fears. The world's most valuable cryptocurrency, with a market value of over $1. 4 trillion, has shot up by about 6% on Tuesday. In simp

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Oct 30 2024POLITICS

Investing Wisely: Trends, Tech Stocks, and Election Impact

Investors are looking ahead to a big week in tech earnings. Stocks like Alphabet, Apple, and Amazon are already at record highs, and experts expect more growth. AI spending by these companies is also a hot topic. While AI might not show immediate results, it's seen as a long-term positive for the ma

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Oct 30 2024FINANCE

Bitcoin Hits $72, 000: Tech Earnings and ETFs Fuel the Rise

Bitcoin reached $72, 000 on Tuesday, coming close to its record high. This happened as the U. S. elections are just around the corner, which many traders see as a good time for markets. The leading cryptocurrency has grown by about 6% in the last day and 8. 75% in the past week. It's only 1. 4% away

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Oct 30 2024POLITICS

How the U. S. Election Could Shake Up Bitcoin's Price

Bitcoin's price is hovering around $72, 000, just days before the U. S. elections. This event could impact the cryptocurrency market, regardless of who wins. Eric Beiley, a managing director, thinks Bitcoin's recent surge might signal a Trump victory. But the outcome is still uncertain. Many people

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Oct 26 2024CRYPTO

Bitcoin Today: A Roller Coaster Ride!

Bitcoin, the OG cryptocurrency, is still the market leader with a whopping $1. 1 trillion market cap. It's known for its wild price swings, just like the ones we saw today with a 0. 79% increase. So, what's the deal with Bitcoin's price? It's not just about the economy or big companies accepting it—

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Oct 26 2024BUSINESS

Will Microsoft Dive into Bitcoin? Shareholders Decide

Microsoft is facing a big decision. On December 10, its shareholders will vote on whether the company should invest in Bitcoin. This vote comes after a conservative think tank, the National Center for Public Policy Research, suggested that Bitcoin could be a great way to protect against inflation. B

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Oct 26 2024POLITICS

Crypto Groups Back Cruz in Texas Senate Race

Two political action committees linked to the cryptocurrency industry are stepping in to support Senator Ted Cruz, R-Texas, in his close reelection battle against Democratic U. S. Representative Colin Allred. Allred isn't known for being against crypto; he even voted for a key industry bill this yea

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Oct 25 2024CRYPTO

Bitcoin’s Hidden Creator: The Mystery Deepens

Canadian developer Peter Todd found himself in an unexpected spotlight when a new HBO documentary, Money Electric: The Bitcoin Mystery, named him as the possible creator of bitcoin, known as Satoshi Nakamoto. The mystery surrounding bitcoin’s creator has been buzzing since 2010, and the documentary,

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Oct 25 2024CRYPTO

Bitcoin’s Early Developer Hides After Documentary Naming Him as Mysterious Creator

A recent HBO documentary, "Money Electric: The Bitcoin Mystery, " has stirred up quite a storm. The film's director, Cullen Hoback, claimed to have uncovered the true identity of Bitcoin's creator, Satoshi Nakamoto. According to Hoback, this person is Peter Todd, a 39-year-old Canadian software deve

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