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Cryptocurrency
Bitcoin’s 2024 Price Decline and the Absence of the Santa Claus Rally
Bitcoin has been navigating choppy waters recently, with its price slipping to $92,442, marking a 14.5% decline from its peak of $108,000. This downturn has left many wondering if the anticipated “Santa Claus rally” will make an appearance this year. Although Bitcoin has shown signs of recovery, climbing back to around $94,000, it remains down over 11% in the past week. As the holiday season approaches, investors and enthusiasts alike…
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Cryptocurrency
USUAL Token Jumps 25% Following $10M Investment from Binance and Kraken
In a surprising turn of events, the USUAL token has captured the attention of crypto enthusiasts worldwide. This surge comes at a time when the overall crypto market is experiencing a downturn due to recent whale sell-offs and nearly $1 billion in leveraged liquidations. Yet, despite these challenges, the USUAL token has managed to defy the odds. Fueling this unexpected rise is the announcement that two major cryptocurrency exchanges, Binance…
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Cryptocurrency
USUAL Token Jumps 25% Following $10M Investment from Binance and Kraken
The cryptocurrency market has recently experienced a downturn, primarily due to significant whale sell-offs and nearly $1 billion in leveraged liquidations. Amidst this turbulence, the Usual token has unexpectedly surged, capturing the attention of crypto enthusiasts worldwide. This remarkable rise can be attributed to the news that Binance and Kraken have invested a substantial $10 million into Usual, a fiat-backed stablecoin issuer with a strong focus on real-world assets. This…
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Cryptocurrency
Bitcoin ETF Inflows Decline as Ethereum Takes the Lead: Is Altseason Approaching?
Market Recovery: Ethereum, BNB, and Solana Surge The cryptocurrency market has shown signs of recovery after facing significant losses in the previous week. In the last 24 hours, a relief rally has been spearheaded by prominent cryptocurrencies such as Ethereum (ETH), Binance Coin (BNB), and Solana (SOL). This recovery has revitalized investor interest and optimism within the crypto sector. Despite Bitcoin (BTC) experiencing a brief rally, reaching an impressive $96,000,…
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Cryptocurrency
Bitcoin ETF Inflows Decline as Ethereum Takes the Lead: Is Altseason Approaching?
The cryptocurrency market has experienced a significant turnaround after a tumultuous week of heavy losses. In the past 24 hours, a relief rally has emerged, with Ethereum (ETH), Binance Coin (BNB), and Solana (SOL) at the forefront. This resurgence has rekindled optimism among investors and traders, although Bitcoin (BTC) exhibited a brief rally to $96,000 before retreating to around $94,000 during the early European session on Tuesday, December 24. The…
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Cryptocurrency
QTUM ETF Sees a 50% Rise This Year
In recent times, the investment community has turned its gaze towards quantum computing, a field that holds the promise of revolutionizing technology as we know it. Stocks and ETFs associated with this cutting-edge sector, including notable names like IONQ, RGTI, QBTS, QUBT, and the ETF QTUM, have experienced remarkable growth over the past month. Let’s delve deeper into this exciting investment opportunity and understand the factors driving this surge. Call…
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Cryptocurrency
QTUM ETF Experiences a 50% Increase This Year
In recent times, stocks and ETFs related to quantum computing have captured the attention of investors worldwide. Notable stocks such as IONQ, RGTI, QBTS, and QUBT, along with ETFs like QTUM, have shown remarkable growth over the past month. This article delves into the dynamics of this burgeoning sector. Call Options Surge for Quantum Computing Stocks The investment community has witnessed a substantial increase in call options trading for quantum…
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Cryptocurrency
Fresh SEC Regulations Create Significant Stir
The Philippine Securities and Exchange Commission (SEC) has taken a significant step towards regulating the burgeoning cryptocurrency market by unveiling a draft of the proposed “Crypto-Assets Service Providers (CASP) Rules.” This regulatory framework aims to provide a structured and secure environment for crypto activities in the country. To ensure these regulations are comprehensive and effective, the SEC is actively seeking public input to refine the proposed rules, which are designed…
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Cryptocurrency
Fresh SEC Regulations Generate Significant Excitement
Aiming for Transparency and Security The Philippine Securities and Exchange Commission (SEC) has unveiled a draft of its proposed “Crypto-Assets Service Providers (CASP) Rules.” These regulations are designed to manage the burgeoning cryptocurrency market in the country, ensuring that activities within this domain are safer and more transparent. The SEC is actively seeking public feedback to refine these regulations, demonstrating a commitment to crafting a balanced framework. The CASP Rules…
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Cryptocurrency
Bitcoin Hits $94k Even After Microstrategy’s Acquisition
The cryptocurrency market is currently experiencing a phase of consolidation, with the total market capitalization seeing a slight decrease of 0.95%, bringing it to $3.32 trillion. Despite this dip, trading volume has experienced a positive surge, climbing by 2.05% to reach $152.63 billion. This uptick in trading volume suggests a growing interest from market players, as they navigate the current market landscape. The Fear & Greed Index, an indicator used…
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