• BTC Is Aiming for a Rally Above $43,000

    BTC Is Aiming for a Rally Above $43,0000

    In terms of the US Dollar, Bitcoin is aiming for an upside break above the $43,000 barrier level. If there is a clear rise above $43,000 and $43,200, BTC might rally. The price of bitcoin has created a base above the $38,500 mark. As a result, BTC began to rise steadily and burst through many

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  • Bitcoin and the USD, according to a billionaire venture capitalist, are dominating the global economy

    Bitcoin and the USD, according to a billionaire venture capitalist, are dominating the global economy0

    The founder and CEO of investment firm Social Capital, billionaire venture capitalist Chamath Palihapitiya, is denying that Russia’s invasion of Ukraine will be a net benefit for cryptoassets at the expense of the US dollar. Palihapitiya, a cryptoasset advocate, believes that Russia’s invasion of Ukraine and the resulting weakening of the US dollar would not

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  • Tether is flipped on the Ethereum network by USDC

    Tether is flipped on the Ethereum network by USDC0

    Circle’s USD Coin (USDC) has surpassed Tether (USDT) in total supply on the Ethereum network, marking a huge milestone. As of this writing, USDC has a supply of 40.06 billion tokens on Ethereum. That’s, barely ahead of USDT’s supply of 39.82 billion. Tether has been the most popular stablecoin since at least 2016, when it

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  • BTC DOUBLE BOTTOM PATTERN PREDICTION GIVES HOPE

    BTC DOUBLE BOTTOM PATTERN PREDICTION GIVES HOPE0

    The BTC has been focused on undoing losses that gripped the market the previous week. But this effort seems to go down the drain because of the $60,000 psychological level on November 21, making the BTC price drop again towards the $55,300 support wall creating a double-bottom chart pattern. Also, BTC/USD is hovering in the

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  • Bitcoin Mining Electronic Waste’ Growing Threat to Environment’, Says Study

    Bitcoin Mining Electronic Waste’ Growing Threat to Environment’, Says Study0

    According to recent research, bitcoin mining creates significant electronic trash. This waste “represents a growing threat to the environment”. According to a co-author of the study, the average life cycle of the sophisticated computers used to uncover the world’s largest cryptocurrency units was only 1.3 years. In Comparison This is ‘Very Short’ According to Alex

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  • Binance Prepares Changes to Work With Regulators Worldwide

    Binance Prepares Changes to Work With Regulators Worldwide0

    Binance, the world’s largest cryptocurrency exchange, states that it is working on improvements to meet regulatory standards better. Binance Making Improvements Binance’s CEO, Changpeng Zhao, made the comments in an interview with the South China Morning Post. He hinted at a change in how the company will handle regulatory issues. He stated: “As we run

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