Crypto

Binance, known as the world’s leading cryptocurrency exchange, has recently made significant additions to its margin trading options. These additions include new pairs and borrowable assets. However, the impact of these changes on the prices of the affected tokens seems to be minimal. Binance has introduced several new cross-margin pairs, such as ADA/USDC, AVAX/USDC, MATIC/USDC,
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Michael Saylor, the co-founder and executive chairman of MicroStrategy, recently declared that he and his company would continue to purchase Bitcoin indefinitely. In a recent Bloomberg interview, Saylor emphasized his unwavering commitment to holding onto his and his firm’s BTC holdings, even as they have seen an unrealized profit of approximately $4 billion. According to
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Bitcoin has been on a rollercoaster ride, reaching a peak of $52,000 before encountering a barrier. Despite this, overall sentiment remains positive. Long-term holders have been selling off their Bitcoin stash, collectively offloading around 200,000 BTC since the beginning of the year. This selling trend has been consistent for nearly three months, with balances steadily
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The VanEck Bitcoin exchange-traded fund (ETF) made headlines recently as it experienced an unexpected surge in daily trading volume, reaching over $258 million in a single day. This marked a 14-fold increase from its previous high of $25.5 million. Despite this achievement, VanEck’s ETF has struggled to keep up with competitors such as BlackRock, Fidelity,
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Bitcoin (BTC) recently broke through the $50,000 mark, reaching levels not seen since December 2021. The cryptocurrency has continued to climb, currently trading above $51,900. Analysts at CryptoQuant attribute this surge in price to the high demand generated by recently approved spot Bitcoin exchange-traded funds (ETFs). With an estimated 75% of new investments in Bitcoin
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