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Price speculators sees highest single-day loss of $774 million YTD amid Bitcoin upward trajectory

Speculators on crypto derivatives suffered significant losses in the past day, totaling around $774 million, marking the highest single-day loss of the year due to volatile market swings. Bitcoin, the bellwether digital asset, surged to its highest level since November 2021, surpassing the $63,000 mark in a remarkable rally. дальше »

2024-2-29 12:27


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Layer 2 cryptos Polygon and Optimism flourish as Ethereum ecosystem heats up

Layer 2 digital coins Polygon (MATIC) and Optimism (OP) dominate the trends as their base platform, Ethereum (ETH), witnesses heightened consideration from market participants as they await it to outshine the bellwether Bitcoin, OP and MATIC in the limelight as attention switches to Ether Polygon and Optimism are among the layer 2 blockchains benefiting as […] дальше »

2023-12-28 09:37


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Jack Dorsey’s Square Invests $50 Million In Bitcoin And That’s Yet Another Big Win For Crypto

Square, the mobile payment company founded by Twitter’s Jack Dorsey, announced Thursday that it has invested a mouthwatering $50 million in the bellwether cryptocurrency. According to an official statement, the firm purchased roughly 4,709 BTC as cryptocurrency is “an instrument of economic empowerment and provides a way for the world to participate in a global […] дальше »

2020-10-8 21:30


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Winklevoss Twins: Undervalued Bitcoin Could Hit $500,000 As It’s The Only Long-Term Hedge Against Inflation

If you think you have missed out on Bitcoin’s massive 2020 gains, you might want to think again. Cameron and Tyler Winklevoss, crypto billionaires, and the co-founders of the Gemini crypto exchange believe that the bellwether cryptocurrency still has more gas left in the tank as it is wildly undervalued at anything less than $500,000 […] дальше »

2020-8-29 23:09


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Current Bitcoin Whale Population Looks Exactly Like September 2017, Just As BTC Ascended To $20K

Over the last few days, bitcoin’s price action has been quite dramatic. On June 15, the bellwether cryptocurrency tumbled below $9k alongside the US stock market which also took a dive. A few hours later, however, the cryptocurrency rebounded to as high as $9,500 after the Fed announced it will begin purchasing individual corporate debt. […] дальше »

2020-6-17 14:26