CURRENCY

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Oct 25 2024POLITICS

Crypto Tycoons' Political Positions Revealed

In the upcoming election, crypto billionaires have shown their political colors. Some have backed former President Trump, who now supports crypto, while others have chosen Vice President Harris. Tyler and Cameron Winklevoss, the twins behind Gemini, have donated millions to Trump's campaign, unhappy

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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 2024CRIME

Hacker's Bitcoin Tweet: What Happened and Why It Matters

Earlier this year, an Alabama man named Eric Council Jr. found himself in trouble with the law. The 25-year-old was arrested for allegedly hacking the Securities and Exchange Commission's (SEC) X account. This wasn't just any hack; Council is accused of posting a fake tweet that claimed the SEC had

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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 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 2024POLITICS

Crypto Money: Why Some Democrats Are Upset

In the world of politics, money talks, and right now, it's saying a lot about cryptocurrency. This election season, groups tied to cryptocurrency have been spending big bucks to support candidates. But not everyone is happy, especially some Democrats. They think these groups are playing favorites wi

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Oct 18 2024CRIME

A Young Alabamian's Daring Bitcoin Scheme

Imagine this: a 25-year-old from Athens, Alabama, gets caught up in a plot to trick the Securities and Exchange Commission (SEC). The plan? Hack into the SEC's X account and post fake news about Bitcoin. In January, this young man, Eric Council Jr. , did just that. He helped some unknown friends hac

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Oct 18 2024POLITICS

AI Rules: Trump vs. Harris

Let's talk about how two big names in U.S. politics -- Kamala Harris and Donald Trump -- want to handle AI, cryptocurrency, and data privacy. Both have their unique takes, but let's break it down. First up: Artificial Intelligence (AI). Both sides agree that AI is a big deal, but how they want to d

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