Crypto

Grayscale Research has recently expressed optimism regarding Bitcoin’s potential to revisit its all-time high later this year. This positive outlook is contingent upon the U.S. economy avoiding a recession. The firm highlighted a period of stabilization in both crypto assets and broader financial markets following sharp declines from August 2 to August 5. Factors Contributing
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Bitcoin has been on a rollercoaster ride recently, with its price recovering from the market-wide crash that occurred at the end of last week. The asset’s price tumbled from over $66,000 to a 6-month low of $49,500 within a few days. However, it quickly started to bounce back, reaching $53,000 on Tuesday and climbing to
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In the realm of cryptocurrency, a new advocacy group called “Crypto for Harris” has emerged to counter the industry appeal of rival Donald Trump. This group is gearing up to host a virtual town hall meeting in support of the Harris campaign and to boost fundraising efforts. With notable figures such as crypto advocate Mark
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Brazil’s Securities and Exchange Commission (CVM) has recently approved the country’s first Solana-based exchange-traded fund (ETF), positioning Brazil ahead of other countries in the crypto investment landscape. This approval marks a significant advancement in Brazil’s regulated investments in crypto assets and has sparked interest in the market regarding potential Solana ETF approvals in the United
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In the midst of a market downturn, Bitcoin whales have been noticeably increasing their holdings of the cryptocurrency. Recent on-chain data has shown that a staggering 404,448 BTC, equivalent to around $22.8 billion, has been transferred to permanent holder addresses in the past 30 days. This significant accumulation of Bitcoin by whales has sparked speculation
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