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Why Is the Crypto Market Down? Here’s What You Need to Know.

The global digital assets market saw a sharp decline of over 4% in the last 24 hours as Bitcoin struggled to maintain its bullish momentum. The Fear and Greed Index, which recently indicated “Greed,” has shifted to a “Neutral” position with a score of 60, reflecting a growing caution among investors following Bitcoin’s recent halving. […]

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Bitcoin Price Prediction. $120K Possible ?

As we near the end of the Bitcoin halving event, market forecasts are becoming increasingly volatile, influenced by global geopolitical tensions and the latest U.S. Consumer Price Index (CPI) data. Edouard Hindin of Tyr Capital recently projected that Bitcoin’s price could escalate to $120,000 shortly, despite some recent declines. Will Bitcoin Reach $120,000? Amid current

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“US Senators Propose Legislation to Govern Stablecoins in Response to SEC Inaction”

The global digital assets industry is looking for regulatory clarity from the biggest financial watchdogs. Two US senators have come forward to initiate a bipartisan bill that aims to regulate stablecoins. This bid had arrived at a time when the US Securities and Exchange Commission (SEC) had allegedly failed to provide proper rules linked to

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Grayscale’s Bitcoin holdings decline by 50% following the approval of spot Bitcoin ETFs.

Following the U.S. authorization of spot Bitcoin ETFs (Exchange Traded Funds), the cryptocurrency market, especially Bitcoin, witnessed significant gains. This approval notably affected Grayscale’s Bitcoin Trust (GBTC), which saw its Bitcoin holdings decrease by half within three months of the ETF’s launch. Grayscale’s Bitcoin Trust began with approximately 619,220 BTC when spot Bitcoin trading was

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Bitcoin Dominance: Increasingly Critical in Today’s Market

As the crypto landscape continues to broaden globally, Bitcoin (BTC) has been cementing its reputation, maintaining its position as the most dominant cryptocurrency worldwide. This prominence is often quantified through the metric known as Bitcoin dominance. What is Bitcoin Dominance? Bitcoin dominance measures the proportion of Bitcoin’s market capitalization relative to the total market capitalization

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Bitcoin Breaks $72,000, Reasons Behind This Recovery?

Bitcoin’s recent re-entry into the $72,000 level and the subsequent positive momentum in the broader cryptocurrency market reflect a combination of factors contributing to renewed investor confidence. The surge, occurring as Bitcoin approaches its much-anticipated halving event, has notable implications for the market. Key Highlights of the Surge: Factors Driving the Surge: Looking Forward: This

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SOLana Could Outperform Ethereum and Double Its Value – Peter Brandt

The post by veteran trader Peter Brandt suggests bullish sentiment towards Solana’s SOL, indicating confidence in its potential strength compared to Ethereum. However, despite this optimism, SOL has experienced a significant price decline of more than 14% since April 1, 2024. Currently trading near $176, SOL has seen a slight upside momentum of 1.5% in

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Bitcoin ETFs vs Gold ETFs, Who Will Win the Race?

The exchange-traded funds (ETFs) became one of the trendiest topics of the year 2024 as digital assets seek validation from the financial markets. Still, without crypto’s introduction, ETFs are popular in the investment markets. Actually, these investment products gave digital assets the limelight. ETFs are known as funds that provide investors with an easy and

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What Is Real-world Asset Tokenization, What Is So Exciting About It ?

Tokenization of Real-World Assets: A Guide Tokenizing real-world assets involves turning physical assets into digital tokens stored on a blockchain. This innovative approach encompasses a wide range of assets, including property, art, products, and even intangible assets like patents and copyrights. The primary aim is to enhance the liquidity, accessibility, and transparency of traditional financial

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