cryptocurrency
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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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World News
Russian Arrested in Argentina for Laundering $100 Million Stolen by North Korean Hackers
Argentine authorities have arrested a Russian national accused of laundering cryptocurrency stolen in a $100 million heist by North Korea’s Lazarus Group, highlighting the DPRK’s integration into global money laundering networks. The arrest, made by the Argentine Federal Police, involved the seizure of over $120,000 in cryptocurrency and $15 million in assets. The suspect, a 29-year-old Russian living in Buenos…
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Investing
Can You Get Rich with Crypto Mutual Funds? The Truth Behind the Hype
The meteoric rise of cryptocurrency has captured the imagination of investors worldwide. Bitcoin, Ethereum, and a plethora of altcoins promise revolutionary financial systems and potentially life-changing returns. But for many, directly navigating the complex and volatile crypto markets seems daunting. This is where cryptocurrency-focused mutual funds emerge as an intriguing option. They offer the chance to gain exposure to this…
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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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Money
Navigating the Crypto Landscape: Best Platforms to Buy Cryptocurrency (December 2023)
The growing interest in cryptocurrency has made it crucial to choose a reliable platform for buying and trading digital assets. With so many options available, it’s important to consider factors such as security, fees, supported currencies, and user experience when selecting a platform. Additionally, understanding the difference between centralized exchanges (CEX) and decentralized exchanges (DEX) is essential. Evaluating Top Crypto…
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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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