BITCOIN

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Oct 25 2024FINANCE

Bitcoin Drops Below $65K: Is Crypto's Boom Over?

Cryptocurrencies are having a tough day, with Bitcoin plummeting below $65, 000. This dip follows a broader market trend, reflecting a similar decline in traditional stock markets. Over the past 24 hours, Bitcoin has lost more than 2. 5% of its value, dashing hopes of hitting the $70, 000 mark that

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Oct 23 2024FINANCE

Bitcoin Booms as Investors Pour into ETFs

Bitcoin's price is soaring, reaching about $68, 000, up by 9. 5% over the past week and 2. 8% in a single day. This surge is fueled by investors flocking to U. S. spot bitcoin ETFs, which saw a massive inflow of over half a billion dollars in one day. According to Farside, this is the largest daily

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Oct 23 2024CRYPTO

Why Bitcoin's Price is Booming with Trump's Rising Election Odds

Bitcoin has seen a big jump in price, up by 12% in the last month. This increase happened as Donald Trump's chances of winning the presidential election rose in betting markets. Investors are excited about having a "crypto-friendly president, " and they're showing this by buying more bitcoin. Analys

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Oct 23 2024FINANCE

Why Bitcoin and Trump Media Stocks Are Skyrocketing

Lately, bitcoin prices have been soaring, reaching over $68, 000. This rise is partly due to former President Trump's newfound support for cryptocurrency and Vice President Harris' recognition of digital asset regulations. Meanwhile, Trump Media's stock price jumped by over 15% in a single day, addi

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Oct 22 2024CRYPTO

Who Is Satoshi Nakamoto?

The world of cryptocurrency is filled with mysteries, and none are bigger than the identity of Satoshi Nakamoto, the creator of Bitcoin. Despite many theories and suspects, no one knows who this person really is. Some say the mystery is important; others think it's just a quirky story. One thing is

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Oct 22 2024CRYPTO

A Man's Mistake: Seeking Bitcoins in a Landfill

Once upon a time, a computer engineer named James Howells from Britain made a huge error. In 2013, he accidentally threw away a hard drive that contained the key to unlock thousands of Bitcoins. This wasn't just any hard drive; it's now worth over $500 million! He realized his mistake but it was too

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Oct 22 2024CRYPTO

Bitcoin's Journey: Could It Hit $117, 000?

Bitcoin, the most talked-about cryptocurrency, has been through its ups and downs. On April 26th, it was trying to bounce back from a recent crash that saw it drop from its all-time high. So, could Bitcoin really reach $117, 000? Let's dive in and find out. When Bitcoin experienced a significant lo

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Oct 20 2024FINANCE

Bitcoin's Lost Tokens: A Hidden Factor in Price Increases

You might have heard about bitcoin's price going up because of things like trade deficits and the dollar losing value. But there's another reason that not many people talk about: lost bitcoins. When people die or forget how to access their bitcoin wallets, those tokens are gone for good. This is lik

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Oct 19 2024FINANCE

Bitcoin: Not Ready for Shopping Sprees Yet?

Neel Kashkari, the Minneapolis Fed President, isn't convinced that Bitcoin is ready to replace traditional currency. He hasn't seen anyone use it to buy everyday items, and he thinks it's more like a gamble than a safe investment against inflation. However, a recent study shows that Bitcoin's value

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Oct 19 2024CRYPTO

Bitcoin's Ups and Downs: A Young Investor's Guide

Hey there, young investor! So, you're curious about Bitcoin, huh? Let's break it down. As of October 2024, one Bitcoin (BTC) is worth around $67, 639. 71, up a tiny bit from yesterday. That's after it hit a high of over $73, 000 in March 2024. Pretty impressive, right? Bitcoin's been around since 2

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