bitcoin
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Business
Crypto Boom! Dogecoin Jumps 25% as Bitcoin Surpasses $87,000!
The price of bitcoin and other cryptocurrencies surged on Monday, continuing a rally that began last week following the reelection of former President Donald Trump. Bitcoin rose nearly 11%, surpassing $87,000 for the first time, setting a new record. Ether, the second-largest cryptocurrency, gained 5.5%, while lesser-known coins like Litecoin and Dogecoin saw significant increases, with Dogecoin jumping nearly 25%.…
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Money
Bitcoin Hits Record High as Investors Bet on Trump Victory
Bitcoin has surged to a new record high as investors speculate on a potential Donald Trump victory in the US presidential race, viewing him as a pro-crypto candidate. The cryptocurrency climbed to an impressive $75,005.08 on Wednesday morning, surpassing its previous peak of $73,797.98 reached in March. Russ Mould, an analyst at AJ Bell, highlighted that Bitcoin’s price has closely…
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Cyber Security-Cyber Crime
Bitcoin Breaks $50,000 Barrier on Anticipation of Interest Rate Cuts
Bitcoin surged past the $50,000 mark for the first time in over two years on Monday, propelled by investor optimism about potential interest rate cuts and the recent approval of U.S. exchange-traded funds (ETFs) tracking Bitcoin’s price. Currently trading at $50,196, Bitcoin has seen a 5.58% increase for the day and a 16.3% gain year-to-date. This milestone follows a failed…
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Business
Bitcoin Tumbles 10% Following Launch of Spot ETFs in the US
San Francisco, Jan 14: Bitcoin Sees Sharp Decline to $42,000 as US Bitcoin ETFs Debut. In a swift downturn, the price of Bitcoin plummeted nearly 10% to approximately $42,000 following the initiation of trading for spot Bitcoin exchange-traded funds (ETFs) in the United States. Last week, Bitcoin achieved a high of $46,000 and surged to a two-year peak of $49,000…
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Money
Conquering Crypto: The Best Bitcoin Mining Hardware in 2023
The allure of Bitcoin whispers promises of riches mined from digital veins. But in the ever-evolving landscape of cryptocurrency, choosing the right hardware to extract that digital gold can be like navigating a jungle blindfolded. Fear not, aspiring miners! This guide meticulously dissects the top contenders for Best Bitcoin Mining Hardware in 2023, equipping you with the knowledge to conquer…
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World News
Bitcoin Buzz in Swiss City Lugano: Taxpayers Can Settle Bills with Cryptocurrency!
In a groundbreaking move, the Swiss city of Lugano has opened its doors to the future of finance, allowing taxpayers to settle bills, taxes, and fines with cryptocurrencies. The announcement, made on December 5, revealed that residents and businesses alike can now use Bitcoin or the Tether stable coin for payments by simply scanning a QR code provided by the…
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Money
Demystifying Cryptocurrency: A Comprehensive Guide for Beginners
In today’s tech-driven era, the concept of cryptocurrency has emerged as a revolutionary force, transforming the financial landscape and capturing the attention of both individuals and institutions worldwide. However, for many, the intricacies of cryptocurrency remain shrouded in mystery, making it a daunting subject to grasp. This comprehensive guide aims to demystify the world of cryptocurrency, providing a clear and…
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Money
Crypto Market Hits 2023 High as Bitcoin Tops $41,000 and Ethereum Exceeds $2,200
Bitcoin and Ethereum have surged, surpassing $41,000 and $2,200, respectively, marking the best crypto market performance since May 2022. The total crypto market cap has reached $1.54 trillion, a 2023 high. This rally is attributed to growing confidence in the crypto market, fueled by expectations of a 2024 interest rate cut by the US Federal Reserve and potential approval of…
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