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Tag: Crypto Market

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Crypto Market Awaits Reaction After German Government Now Has Zero Bitcoin

In Brief The German government has concluded its major Bitcoin sell-offs, leaving its wallet completely empty. These transactions involved significant transfers to several major exchanges and institutional services. The crypto community reacted positively to this development, with Bitcoin’s price slightly increased. The German government has finally emptied its Bitcoin (BTC) wallet. On-chain data reveals that a…
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Why Is the Crypto Market Down Today?

In Brief The total crypto market cap fell to $1.94 trillion due to the Federal Reserve’s hawkish stance, marking a four-month low. Bitcoin’s price dropped from $61,500 to $54,500, potentially heading toward $50,980 as per the double top formation. Meme coin Brett declined by 24% in 24 hours, trading at $0.112, and risks further drops…
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Ripple CEO Predicts XRP ETF Launch by 2025 Amid Growing Crypto Market Interest

In Brief Ripple CEO Brad Garlinghouse forecasts XRP ETF arrival in 2025. Garlinghouse cites growing interest in diverse crypto investments. He highlights the potential impact of political and market dynamics. During a recent interview on The Claman Countdown on FOX Business, Ripple CEO Brad Garlinghouse expressed strong confidence in the future of an XRP exchange-traded…
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This Is Why Analysts Are Bullish on the Crypto Market

Briefly as the stablecoin market surges by $9 billion, analysts anticipate a bull market, indicating renewed strength and investor confidence. A BitGet study also reveals that investors are highly optimistic about the cryptocurrency market’s positive impact of the Bitcoin halving. Additionally, observers believe that the newly launched Bitcoin ETFs will have a larger, long-term positive…
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Crypto Market Witnesses Unstoppable Growth as Inflows Cross $1.76 Billion Mark

Briefly there have been positive crypto inflows for ten consecutive weeks, totaling $1.76 billion, the highest since October 2021. In 2023, the total assets under management (AUM) of digital asset investment products increased by more than 107%, with the inflows over the previous ten weeks accounting for 4% of that growth. Investors are urged to…
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How Will $640 Million Bitcoin Options Expiry Impact Crypto Markets?

In short Roughly 24,000 Bitcoin choices contracts, worth around $640 million, are set to terminate on October 13, denoting a half increment from a week ago. Notwithstanding Bitcoin, 190,000 Ethereum choices contracts are likewise set to terminate, with a maximum trouble spot of $1,600 and a notional worth of $290 million. Notwithstanding the huge choices…
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How Will Wiping US Student Debt Impact the Crypto Market?

In short US President Joe Biden declares the abrogation of $127 billion understudy obligation, influencing 3.6 million US residents. The move flashes banter via web-based entertainment, with some conjecturing on expected positive effect on Bitcoin’s cost. Obligation absolution could empower people recently troubled to investigate venture open doors in crypto. US President Joe Biden as…
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Why Is the Crypto Market Up Today?

In a nutshell The Crypto Market Cap (TOTALCAP) has made a long upper wick yet at the same time exchanges above level help. The response to the level could decide the future pattern. Right after reaching a new annual high, Bitcoin (BTC) experienced a sharp decline. A bearish sign is the failure to maintain the…
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